Reagan Inherited a Financial Crisis Too

Special Edition - Thursday, February 12th, 2009

The solution to the current financial crisis lies in the words of the late, great President Ronald Reagan.

“We who live in free market societies believe that growth, prosperity and ultimately human fulfillment, are created from the bottom up, not the government down. Only when the human spirit is allowed to invent and create, only when individuals are given a personal stake in deciding economic policies and benefiting from their success — only then can societies remain economically alive, dynamic, progressive, and free. Trust the people. This is the one irrefutable lesson of the entire postwar period contradicting the notion that rigid government controls are essential to economic development.”

September 29, 1981

• When Responsibility Doesn’t Pay Sunday Paper - February 28th, 2010 Welfare always breeds contempt. While Barack Obama was making his latest pitch for a brand-new, even-more-unsustainable entitlement at the health-care “summit,” thousands of Greeks took to the streets to riot. An enterprising cable network might have shown the two scenes on a continuous split-screen......
• 'D-Day' June 6th, 1944 - Reagan Tells the Story Special Edition - Saturday, June 6th, 2009 Soldiers, sailors, and airmen of the Allied Expeditionary Force! You are about to embark upon the Great Crusade, toward which we have striven these many months. The eyes of liberty-loving people everywhere march with you. In company with our brave Allies and brothers......
• Ron Paul Wins Support to Audit the Federal Reserve WedNEWSday - July 1st, 2009 Paul, as of Tuesday, has won 245 co-sponsors to a bill that would require a full-fledged audit of the Federal Reserve by the end of 2010.  Paul attracted just 18 co-sponsors when he authored a similar bill, which died, in 1983. While the impact Fed......
• Uganda Rejects Obama’s Pro-Homosexual “Change” Sunday Paper - February 7th, 2010 Ugandan Christian minister Martin Ssempa has issued a strong rebuttal to President Obama's criticism of his country for considering passage of a law to discourage and punish certain homosexual practices. "Sodomy is neither the change we want nor can believe in," says Ssempa, who......
• UN and US 'Progressives' Planning One World Government Sunday Paper - May 31st, 2009 While meaningless United Nations hand-wringing over the North Korean nuclear weapons program garners the headlines, the world body is moving ahead with a global conference to lay the groundwork for world government financed by global taxes. U.N. General Assembly President Miguel D'Escoto (pictured above)......

• Get Free Financial Planning Advice Most everyone can benefit from one-on-one financial planning advice provided by a competent professional who works on a fee-only basis.  It would be particularly sweet to get such advice for FREE.  Now you can. The Certified Financial Planner Board of Standards is offering free financial planning clinics in Washington D.C. on September......
• U.S. drafting rules to spur PE bank buyouts: report | Reuters U.S. regulators are drawing up rules that would make it easier for private equity firms to acquire troubled banks, aiming to free up more funds to recapitalize lenders, the Financial Times reported, citing people close to the situation. The plan, which has yet to be finalized, may require private equity......
• King goes Churchillian. Governor of the Bank of England, Mervyn King, , in a landmark speech made on Tuesday night, reiterated his calls for the UK banks to be split into two separate entities, one handling utility and the other financing risk capital ventures. He emphasized his argument by stating that “a......
• 3 Credit Lessons from the Economic Crisis Governments are meant to lead by example, regardless of whether they intend to or not. Sometimes they give us examples of what not to do as well as examples of what to do. Wall Street executives also happen to be unwitting role models to people all over the world. Still,......
• Free Financial Planning Kit from the Government. Even the government wants you to plan out your finances (to be sure you pay your taxes, no doubt) and are offering up a free financial planning kit via download. From the site: "Imagine putting aside extra money each month. Don’t think it’s feasible? Look no further than the coins......