Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Preserving Wealth


The Dream Of Insurance For All: Make Less Money, And Government Will Pick Up The Tab

The Dream Of Insurance For All: Make Less Money, And Government Will Pick Up The Tab

A young married couple recently told me they’re trying to figure out how to make less money so they can qualify for a subsidy in order to make the Affordable Care Act “affordable” for them. Around the same time, and half a continent away, the San Francisco Chronicle published a story that reveals many middle-class Americans are awakening to the same dilemma.

Hide Your Gold To Keep It Safe

Bob,

I just read The Insidious, Hidden Nature Of Theft By Government, which was excellent as usual. However, I question the ending conclusion, “Preserve your labor, your savings and retirement with gold and silver…” Every author of similar articles seems to conclude the same thing. And, I would agree if we were free to own it. Today we are, but what about tomorrow? No author ever mentions that in 1933 the “hoarding” of gold and silver became illegal, per Executive Order 6102. Hoarding at the time meant that it was illegal to own any amount of gold over a mere value of $100 (a face value equivalent to 5 troy ounces (160 g) of Gold valued at about $7800 as of 2011). This information is at http://en.wikipedia.org/wiki/Executive_Order_6102.

I can’t imagine that you are not aware of this, so why are you not pointing this out to your readers. After everyone “preserves” their wealth by buying gold, I believe it’s going to be taken away. People are being led to slaughter.

I welcome a rebuttal that makes good sense. More importantly, if this can happen again, please warn your readers.

Thank you for your consideration,

Steve B.

Mises: Mainstream Economists Prove Krugman Wrong About Austrian Economics

This post, written by John P. Chochran, originally appeared on the Ludwig von Mises Institute website on September 11. Paul Krugman has recently been critical of Friedman (and Phelps), the Phillips curve, and the Natural Unemployment Rate (NUR) theory in the process of arguing that due to the recent Great Recession, the accompanying financial crisis, […]

Obama Voters Suffer Most Under Obama Economy

Obama Voters Suffer Most Under Obama Economy

Recovery summer never materialized, despite predictions by President Barack Obama and Fed Chairman Ben Bernanke. And guess who’s hurt the most by Obama’s policies. It’s Obama’s core demographic.

Wealth Is Not Paper Money

Dear Bob,

Is wealth and ownership of paper money the same thing?

Anonymous

Commemoration Of A Canard

Commemoration Of A Canard

Addressing the Nation 42 years ago to “outline a new economic policy,” President Richard Nixon failed to disappoint: Wage and price controls were instituted, the automobile industry was browbeaten into reducing prices and a 10 percent tariff was assessed on all imports. All this occurred before Nixon announced his grandest exploit: the termination of U.S. commitments to exchange gold for dollars with foreign governments.

Fear, Terror To Be Used By Senate To Regulate Virtual Currencies Out Of Existence

Fear, Terror To Be Used By Senate To Regulate Virtual Currencies Out Of Existence

The Senate Homeland Security and Government Affairs Committee set the wheels in motion this week for a comprehensive review of how it plans to clamp down on virtual currencies like Bitcoin.

Gold Markets Get Strange: Is Economic Danger Near?

Gold Markets Get Strange: Is Economic Danger Near?

Welcome to the wacky world of 2013, where bad financial news is met with the cheers of investors who believe stimulus will last forever, where foreign investors dump the U.S. dollar in bilateral trade while mainstream dupes argue that the greenback is invincible, and where everyone seems to be buying precious metals yet the official market value continues to plunge.

Obama’s Dismal Economic Record: Two Welfare Cases Per Job

On Wednesday, President Barack Obama delivered a speech in Galesburg, Ill., decrying political conflicts that aren’t focused on improving the economy, heralding his Administration’s economic efforts and promising to do more work on the economy. Obama said that over the past 40 months, American businesses have created 7.2 million new jobs. But, as pointed out […]

Ron Paul’s Texas Straight Talk: Bernanke’s Farewell Tour

Editor’s Note: This article by former Congressman Ron Paul first appeared at the-free-foundation.org, the temporary home for his weekly column until his personal web page is up and running. We are publishing it on Personal Liberty because of the impact Paul’s relentless criticism of Fed policy throughout his Congressional career had in bringing the Nation’s […]

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.