Oil prices, monetary stability and credit expansion
Over the last few years there has been a massive increase in bank credit. This credit fuelled the boom and drove up the demand for energy. So great was this expansion that surplus bank credit in the form of deposits started to emerge world-wide. Our economic pundits immediately labeled these deposits surplus savings, adding another fallacy to their erroneous views

Plastic bags v. greenie bigotry
Now that plastic shopping bags are in danger of being banned it is necessary to determine how such a great boon to consumers has been successfully demonised by fanatical greens and dense journalists

Into the Deep Green Yonder: A Response to the Green Paper on Climate Change
Not even the IPCC claims an ability to forecast the weather beyond a few days, but the CSIRO has sullied its reputation by pretending they can project temperature and rainfall 30 years into the future

Into the Deep Green Yonder: A Response to the Green Paper on Climate Change
A highly qualified and experienced scientist who developed the climate change models that are a basis for the Rudd Australian Government's 'green house' policy calls this policy outrageous and typical sophistry. When he provided evidence against green house hysteria the Government went silent and its pet scientists resorted to abuse

Foreign Policy: Is Obama a puppet?
Why does Obama needs 'bullet points' to tell him how to answer the most basic foreign policy questions? And who is writing these points? And why are entities such as the Associated Press are doing everything in their power (short of rewriting the English dictionary) to do Obama's dirty work for him. Remarkable

The Left: transfiguring the disaster
The promise of salvation has been the constant and essential refrain of the international Left for a century, and we see no sign of any leftist mentor having any conscience problems with this. Au contraire, all of them continue to promise the solution to maladies, while having readied in their portfolios the future legitimization of the enlarged maladies

Democrats playing (bad) politics with oil
The Democrats have adopted the insane policy of driving up energy prices by strangling oil production. To defend themselves Senator Schumer argued that increasing oil production in the Middle East would lower prices but increasing oil production in the US would not! Obama opposes raising domestic oil production on the absurd ground that 'It would merely prolong the failed energy policies we have seen from Washington for 30 years'

When is Obama not lying?
when is Obama not lying? When he blurts out his real opinions in private. Fortunately he is so undisciplined and overconfident that he'll do that often enough. And Obama's wife Michelle is a genuine PC Commissar, straight from the Russian steppes, who just cannot think outside of the racial resentment box. A woman who visibly seethes with hatred and resentment

The New York Times camouflages the news for Obama
Surprise, surprise, the liars at the New York Times have been caught bending a phony news story to cover up Obama's disastrous Iraq policy

Bernanke's Keynesianitis could sink the US economy
What Bernanke's critics fail to see is that a policy of price stability is bound to create an inflationary trend that must eventually result in recession. In a progressing economy — one in which the ratio of capital to labour is rising — there would be a secular fall in prices as technology applied through investment reduced unit costs

The Reserve Bank of Australia has implemented a deflationary policy
It was once a given that economists knew that rising interest rates were a sign that the boom had peaked and that an impending contraction would make itself felt, particularly if the central bank had tightened the monetary spigot

'Fair Pay' Commission votes for higher unemployment
The unions and their media allies' defence of minimum wage rates neatly illustrate their intellectual bankruptcy. (Needless to say, this also goes for the Fair Pay Commission). Their arguments rest on the implicit assumption that unions, or governments, can raise and guarantee living standards. As Jeremy Bentham once said: 'nonsense on stilts'

President Bush exonerated of "misleading statements" leading to Iraq war
For years the Democrats and political activists masquerading as journalists have sneered at allegations that Hussein bought uranium, calling them 'Bush lies'. Now that about 600 tons of yellow cake has been discovered in Iraq and sold to Canada the Democrats and their media supporters have gone silent on the issue

Obama: Radical in Liberal Clothing
Despite Obama's recent attempts at moderation he retains positions on several significant issues indistinguishable from those of extreme Dennis Kucinich. Most of those positions are opposed not only by overwhelming majorities of all Americans, but in several cases, majorities of Democrats as well

Obama's presidential bid: What's wrong with that?
Obama's campaign slogan is 'change': but he has already changed everything about the electoral ways and customs of the American people, and he has changed it so much for the worse that many decades will be necessary to repair the damage, if indeed that is possible

Tehran: Terrorism's World Capital
Teheran has been conducting a proxy war against America. The inspiration for this war is Iran's jihadist goal of imposing Islamic totalitarianism globally. Iran is a leading sponsor of jihadists and the self-identified role model for exporting its Islamic revolution to other countries. It is the sworn enemy of the West. We should take seriously its call to bring 'Death to America!' — because it has already done so

Commodity prices and inflation — is there a connection?
Inflation is not about general rises in prices but about increases in money supply. The general increase in prices as a rule develops on account of the increase in money

The Garnaut Report and the three key questions that were ignored
The Garnaut Report totally ignored a key question in the debate: Have man’s emissions of CO2 caused unusual global warming or done harm to the world environment? An increasing number of scientists all over the world are very clear on this and their answer is a resounding NO

US economy and the lessons of history
Unfortunately, what passes for economics and economic history today is simply unable to correctly interpret economic events even as they unfold before their eyes. The same thing happened in the 1920s and 1930s

President Bush is a victim of America's political civil war
The length, intensity and moral turpitude of the Democrats' hate Bush campaign is probably unprecedented in American history, and reveals the Democrats' hateful intolerance of conservatives

Obama fails the John Kerry Test
The 2004 election had the Democrats set a military test for the presidency, according to which Kerry should have been elected. It is now 2008 and the very same Democrats, along with a corrupt media and the despicable likes of General Clarke, are disparaging McCain's military record. They don't come any lower than most congressional Democrats and their media goon squads

Obama At Twelve O'Clock Low
Obama set up a web site to fight the alleged smears made against him. The same wilting violet revived the politics of personal destruction by sending out his goons to attack John McCain the war hero and John McCain the man. The man is a liar, a fraud and a coward

It is our duty to inform everyone about the real Barack Hussein Obama
Without public criticism of Obama's inexperience, poor judgment in choice of friends and advisors, and other negatives, the public is left only with carefully scripted campaign remarks and appealing words spoken from behind a teleprompter while the real Obama remains concealed behind a carefully woven veil

Teresa Heinz Kerry: You pay taxes, I don't
Teresa Heinz Kerry likes taxes so much she thinks the little people should pay more — and what's more, Obama agrees with her

Let Drilling Ring
The areas that Congress has barred to exploration contain about 19.1 billion barrels of oil and 83.9 trillion cubic feet of natural gas approximately 30 years' worth of imports from Saudi Arabia and enough natural gas to power America's homes for 17 years

Liberal Party labour market reform founders on ineptitude
Liberal Party advisers have clearly failed to grasp the fact that significant and lasting labour market reform is unlikely to be implemented unless the union myth of raising real wages for everyone has been demolished in the public mind

Krugman's bigotry vs the Bush tax cuts
It’s time the Republicans accepted the grim fact that they are now at war on all fronts. Professor Krugman's vicious and dishonest attacks on the president's tax cuts is a bitter example of this reality. So the sooner the Republicans go on the attack the better their chances of keeping both houses and winning a second term

Expect Democrats to try and delegitimise a Bush victory
The Democrats have spent 8 years trying to destroy the legitimate Government of the United States. They have bullied, lied, cheated and along with their media pals, have given moral and political support al Qaeda. The word for this behavior is treason

Anti-merger laws are bad for the Australian economy, Mr Barnaby Joyce
Having screwed up labour market reform, the Liberal Government is now, with the help of Barnaby Joyce, screwing the anti-competitive merger laws

The Obama Left
Obama's extreme leftwing mentors makes him a strange political candidate. His deep links to those who wish to destroy America have yet to be fully publicized. One thing is for sure: there is no way the corrupt media will expose Obama's support for a bunch of America-haters

Green fanatics v. the facts of economic growth
Rabid ‘conservationists’ have to a certain degree successfully implanted in the public mind the idea that the capitalism is the environment’s number one enemy; that without the wise intervention politicians capitalism will ruthlessly plunder the planet and exhaust its natural resources. Bulldust

Carbon tax:The farm lobbies abandon farmers
A carbon tax will wreak havoc on food production. Nevertheless, under pressure from the greens and a desire to increase government revenue politicians are preparing to impose a savage tax on agriculture

Global Warming: A New 'Revolution'?
It's become a matter of near-religious faith that we should spend whatever is needed to curb global warming. A new study suggests that the amounts needed will be staggering

Is American law now determined by one man as in a science fiction drama?
Recent history is replete with judicial action overturning the will of a majority of voters and citizens in our country. When the judiciary has the power to impose their social views on the public regarding how people should act and think, then the constitutional prescription of three equal branches of government is meaningless

The Democrats' socialist lunacy
Democrat congressmen Maxine Waters and Maurice Hinchey revealed their socialist agenda by calling for the nationalization of the oil companies. According to the ideology of this extreme leftwing duo nationalization would give the state the power of controlling prices

Inflation and wages — another dangerous economic fallacy
oney is not neutral. This means is that attempts by central banks to stabilise prices distort the pattern of production and trigger off the so-called boom-bust cycle. From this we can deduce that even when the CPI is apparently stable inflation can still be rampant beneath the monetary surface. Those who think otherwise have not learnt the fundamental lesson of the 1920s

The market created money, not the state
On the day a commodity becomes money it already has an established purchasing power or price in terms of other goods. This purchasing power enables us to set up the demand for this commodity as money. This in turn, for a given supply, sets its purchasing power on the day this commodity starts to function as money

Green Oil
A study by LSU's sea grant college shows that 85 percent of Louisiana's offshore fishing trips involve fishing around these structures. The same study found 50 times more marine life around an oil production platform than in the surrounding mud bottoms

Return of the dupes and the anti-anti-communists
The irony of journalists like Dana Milbank is that while they are laughing at the anti-communists, they seem to have no idea that the loudest howls of laughter have always come from the communists who see such journalists as dupes

Unshackle American enterprise to increase oil supplies
Democrats and other leftists seem incapable of learning simple economic facts and continue to resist and oppose all efforts to make America oil self sufficient and independent of foreign sources controlled by our enemies

The flawed and costly war
Barack Obama is out on the stump using the skills he learned as a 'community organizer' to try and woo support while talking about little of substance. He has the liberal psychobabble down pat and uses tried and true tactics any time someone levies any criticism against him

Hugo Chávez, Colombia, and FARC
For months, the Revolutionary Armed Forces of Colombia (FARC) were the darlings of Venezuelan President Hugo Chávez. He urged the public to consider the FARC noble freedom-fighters rather than a pack of narco-terrorists

From coal to fuel to oil
Apart from engendering economic turmoil and worries of many kinds, the skyrocketing price of oil has also done something momentously beneficial: It has created conditions for America’s oil independence by making it economical to extract fuels from coal, our most abundant energy resource