ACC Archives

Month: August 2016
Matt Kibbe: Beer is Freedom (VIDEO)

I like beer. I like good beer. And I have to hand it to that old big government guy President Carter for opening up the beer market. (Legal home brewing began in the late 70s.)

The new $2.45 billion question at Amtrak

Why is Amtrak still owned by taxpayers? Either it works or it doesn’t and if passenger rail isn’t viable economically in the United States it should be dead. So what if Joe Biden likes it? Actually I don’t hate Amtrak....

Crony Capitalism is a Feature (Not a Bug) of Obamacare

We have long asserted this. Obamacare is/was good for the insurance companies, the pharmaceutical companies, the drug stores, all sorts of large vested interests. The lobbyists for these interests wrote large pieces of the legislation. Obamacare is a vehicle for...

‘Brave New World’: Fed to Buy Corporate Debt?

The underlying Yahoo News article doesn’t actually talk about Fed buying corporate bonds. It only states: ” [Yellen] said, ‘future policymakers might choose to consider some additional tools that have been employed by other central banks,’ including buying a wider...

Light that match: Yellen suggests radical new Fed policies

Yellen says the Fed is not “ actively considering” any of the radical and destructive ideas she outlines in her speech, but if not why is she mentioning them? These ideas include:  printing money to buy assets including stocks, targeting...