This seven-and-a-half minute video is creative and impressive!

“In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there’s a ‘boom and bust’ cycle in modern economies and good reason to fear it.” (more…)

“Four images provide the conceptual tools to refute Keynesian economics: the gun, the wallet, the IOU, and the printing press.” …

“The heart of Keynesian is economics is here: the attribution of autonomous economic productivity to the agency with the gun. Somehow, government can increase aggregate spending (1) without producing anything new and (2) without reducing spending somewhere else in the economy. Keynes never explained how this is possible. Neither have his disciples.” (more…)

“One of the most ominous events of modern history is quietly unfolding.  Social scientists and economists agree — we are headed toward a demographic winter which threatens to have catastrophic social and economic consequences.  The effects will be severe and long lasting and are already becoming manifest in much of Europe.” (more…)

“… [T]he grotesque carnival of rackets and lies that the US economy has become — held together with the duct tape of stimulus cash, gamed accounting, mortgage subsidies, carry trades, TBTF bailouts, TARPS, TALFS, shell-game BLS reports, and MSNBC ‘green shoots’ cheerleading — gives every sign of tipping into collapse at a moment’s notice.” (more…)

“The largest source of liquid private wealth remaining in the United States are [sic] the $15 trillion in private retirement funds and the ultimate ownership, control and future of these funds have already been compromised and exchanged for the favorable tax treatment of private retirement plans. Congress writes the laws, so they can tax, penalize, hold your funds hostage and although they’d never use the word, ‘confiscate’ your assets at their discretion.” (more…)

“The Bible mandates free market capitalism. It is anti-socialist. The proof is here: 10,000 pages of exposition, verse by verse. Free.

“The essence of democratic socialism is this re-written version of God’s commandment: ‘Thou shalt not steal, except by majority vote.’ (more…)

“We are seeing the beginning of a social revolution. This revolution will spread to politics. It is happening under our noses.” (more…)

“Ludwig von Mises was snubbed by economists world-wide as he warned of a credit crisis in the 1920s. We ignore the great Austrian at our peril today. (more…)

This moving, color-coded map shows unemployment trends across the country, county by county, from January 2007 through September 2009. (more…)

“But the big ‘post-bailout’ paradox remains, and this is the central question of the recession vs. recovery tension we live in right now. The broader economy cannot survive if the banks do not lend to businesses. If they don’t, many more earnings will be at stake than just the financial sector from December 2008. Thousands of businesses need lines of credit to keep running month-to-month, and if the banks don’t lend to sustain these businesses, the talk of recovery is a dream and unemployment will continue upward. But if the banks do lend, then that huge infusion from the monetary base will no longer stay deposited with the Federal Reserve. But then the ‘fractional reserve’ factor will kick in, and that $700 billion will enter public circulation as several trillion. If this happens, we will see terrible price inflation and perhaps new speculative bubbles in some sectors.” (more…)