The Freedom Factory

We are moving closer towards a political economy every day. Every dollar borrowed, taxed, printed, and spent by government really comes from the private sector.  Trillions of dollars of national resources are being allocated by politicians and bureaucrats towards things they claim will benefit our economy. Congress just passed a $3.6 trillion budget ($1.2 trillion in deficit), and combined the Federal Reserve and Treasury have dumped $13 trillion into the economy in the last 16 months. What we must all ask ourselves right now is whether or not we trust government with our money? Continue Reading

Senate planning another half trillion dollar bailout, tough times but that doesn’t stop the American consumer, unemployment up to 8.1%…or is it 19%? Germany refuses to play bailout game, says it’s best for automaker to go bankrupt, 7,000 Mexican troops deployed to border to fight drug war, Army Captain steals $690K from government,  hedge fund sees inflation as next step of crisis…just the latest in your Freedom Under Fire Report! Continue Reading

Legendary investor becomes a farmer, U.S. obsession with reviving credit misdirected, Bernanke blames AIG for irresponsibility, and former Countrywide executives take advantage of government bailout programs…just the latest in your Freedom Under Fire Report! Continue Reading

The pigs are lining up at the trough!  CEO of JC Penny is now lobbying for a federal bailout plan to boost consumer spending and come to the rescue of an ailing retail industry. This is the slippery slope of corporate welfare. You bail out one industry because some lobbyists paint it as “essential” for the survival of America, and then you have every industry lining up for similar handouts. When it comes down to it they can all paint a pretty picture of necessity, referring to employment, revenue, and other stats, but does lipstick on a pig make it anything but a pig? Continue Reading