McMinn County cuts budget
Tuesday, August 19th, 2008|
ATHENS, Tenn. - A budget impasse was broken Monday night when the McMinn County Commission voted to cut $10,000 from the county’s school budget after the school board decided to raise newly appointed Director of School David Pierce’s salary by the same amount. |
Officer accused of illegal background checks
Tuesday, August 19th, 2008|
NASHVILLE - A Tennessee state trooper was suspended Tuesday after investigators said he used his position to conduct 182 background checks - at least some of them unauthorized - on people including two journalists and a country music figure. |
Property tax freeze proposal put on ice
Tuesday, August 19th, 2008|
BLOUNTVILLE — You might say it’s been put on ice. A proposal to “freeze” county property taxes, under certain guidelines, for property owners over age 65, didn’t make it to a vote Monday by the Sullivan County Commission. |
Bob Barr petition drive update
Monday, August 18th, 2008|
For Immediate Release: On Monday, August 18, 2008, Libertarian Party Presidential Candidate Bob For more information, please contact the Bob Barr Presidential Committee |
Taxing tourists
Saturday, August 16th, 2008|
Welcome to Music City. Now, pay up. Even though the National Business Travel Association says Nashville has the second-highest tax rate for travelers in the nation, the city is poised to tax its tourists once more. |
Another revenue camera
Friday, August 15th, 2008|
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Bob on Third Party Debates
Thursday, August 14th, 2008|
Bob Barr met the press today, a group of conservative reporters gathered by The American Spectator who lobbed questions about the big two parties, the environment, Georgia, and guns. |
Who will pick the next judge?
Thursday, August 14th, 2008|
County Commission’s plan to appoint Duggan’s successor may be premature as his leaving office could fall within an ambiguous statutory time-frame that would require the seat to be put on the ballot in November. |
Davis complains that Democrats used tactics touted by his own party
Thursday, August 14th, 2008|
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Clites’ Corner
Wednesday, August 13th, 2008|
Inflation and Price When government increases (inflates) the money supply, each individual dollar loses value and prices begin to rise. Initially the price increases lag behind the rate of money supply growth. Gradually prices begin to catch up. People begin spending their money faster to stay ahead of the price increases. This accelerates the rate of price increases to much more than the rate of increases in the money supply. For example, in Germany in 1914 a pound of butter cost 1.4 marks. In 1918, 3.o marks. In 1922, 2400 marks. In 1923, 6 trillion marks. In 1914 an egg cost less than one mark, in 1923, 80 billion marks. Similar increases took place in France in the 1790’s. According to the St. Louis Federal Reserve Bank website, the U.S. money supply was $482 billion in 1971. Today it’s $8,066 billion- almost 17 times more than in 1971. Will prices rise to 17 times more? Will they rise to more than 17 times? Will people begin bidding up prices faster and faster? How high might prices go? Will they rocket upward as they have done in Germany, France and many other countries? The Federal Reserve is inflating rapidly today. What will you do to protect yourself? There are things to do. Learn about them and do them now. It’s better to be a year early than a day late. Things that happen in other countries can happen here. Sinclair Lewis demonstrated this in his 1935 book, “It can’t happen here.” |
