He serves as an advisor to and editor of the Lehrman Institute's thegoldstandardnow.org and senior advisor to the American Principles Project. Benko founded the Prosperity Caucus gathering of supply-side and free-market economists; served on detail as a deputy general counsel to the President’s Commission on Privatization and on White House agency staff under President Reagan. He holds a B.A. from Amherst College and a J.D. from Boston University Law School and is retired from the bar of the State of New York.
The Tax Revolt has run its course. A Money Revolt is needed.
$1.4 trillion are stranded overseas. Seventy-five Congresspeople, and growing, from both parties, respectfully led by freshman Representative John Delaney (D-Md), are advancing a plan to retrieve that money.
Paul shows signs of being the key transformational figure. If he himself understands the depth of this proposition he well might become unstoppable. Washington, naturally, finds him confounding.
A gold-based international monetary order called out, however, to be mended not ended. Nixon ended it.
The GOP once again appears clueless. But not quite for the reason that liberals suppose.
The Federal Reserve increasingly is attracting scrutiny across the board. Now add to that a roller coaster of a thriller, using a miracle of a rare device, shining a light into the operations of the Fed.
House Speaker John Boehner’s proposed lawsuit against Barack Obama is causing a great deal of chatter in Washington. Political stunt, as Obama has called it? Or, maybe, checkmate, Obama?
Prof. Krugman’s prestige, and the immense influence provided him by the New York Times, gives his opinions enormous political weight. What he writes has impact in liberal, and Democratic, quarters. Yet he by no means is infallible.
Princeton, according to Bloomberg News, acknowledged Krugman’s departure with an extraordinarily tepid comment by a spokesperson. “He’s been a valued member of our faculty and we appreciate his 14 years at Princeton.”
The indefensibly grandiose overreach of Obama and the Democrats may well allow the GOP to parlay an oppositional strategy into a Senate majority in November. Yet both the GOP's Regular and Insurgent factions appear to be stuck, exclusively, in Reverse. The electorate desires more than that.
This near-perfect volume appears with almost preternaturally perfect timing around the centenary of the beginning of World War I and, with that, the end of the classical gold standard.
We citizens sense that we are being lied to by those in authority. We can’t quite put our finger on it. We are right, though.
The devil, of course, is in the details. What rule should prevail? There is an almost superstitious truculence on the part of world monetary elites to consider the restoration of the gold standard.
H.L. Mencken, in 1918, observed that “the whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by an endless series of hobgoblins, most of them imaginary.”
Fox News Channel host Greta Van Susteren rightly calls Steve Forbes and Elizabeth Ames’s new book, Money, “A gripping read….”
Last week, much of the living inner circle of Rep. Jack Kemp’s brain trust convened, on Capitol Hill, to observe the 30th anniversary of Kemp’s introduction of the Gold Standard Act of 1984.
$1.24 billion is a lot of money. For six helicopters and two simulators.
Restoring “consent of the governed” is not about Right versus Left. It is about setting up a system to restore control of Congress to us outsiders, the people, over the insiders and the special interests.
Who will prove the champion of the little guy and gal? Sen. Elizabeth Warren (D-MA) — on deck for her party’s presidential nomination should Hillary Rodham Clinton bow out — has become the political leader of choice for those who advocate Big Government as that champion.
Leader Reid has cast himself as the point man in a campaign by the left to vilify Charles and David Koch. As recently inventoried by The Washington Free Beacon, and as noted by The Washington Post, Reid has vilified the Koch name, at last count, 134 times.