Deregulate the Banks!

Regulatory failure instead of a lax monetary policy bears the responsibility for the American housing bubble that produced the financial crisis of 2008, said Federal Reserve chairman Ben Bernanke this Sunday. Bernanke rejected accusations that the Fed contributed to the fostering of the recession and argued that the interest rates set by the bank between […]

The Polluted Health Care Debate

The United States Senate sets to vote on a health-care bill over Christmas this Tuesday after what have been months of fierce political debate. As the opposition warned of “socialized medicine” and “death panels”, public support for “Obamacare” and the president himself understandably plummeted. Although America’s health care is among the most expensive yet one […]

Brown Bashing the Rich

It’s not good to be rich in Britain. One is properly punished there for making too much money as becomes a welfare state. From every Briton that earns over £150,000 (or $243,000) a year, the government takes half of that in income tax. The well-off now face a further cut to tax relief on their […]