Central economic planning in action.

Greece Agrees on Austerity Plan.

Greece won the consent of a team of EU-IMF inspectors for its new five-year austerity plan after committing to an additional round of tax rises and spending cuts, both Reuters and Dow Jones reported Thursday.Link

Ron Paul goes mainstream?.............

Ron Paul 2008 was a movement. Ron Paul 2012 is trying to be a campaign. Determined to be a greater force in his third presidential run, the Texas congressman and his team have embraced some of the more traditional aspects of a White House bid: a focus on retail politicking, deeper early-state infrastructure and a full schedule of meetings with party pooh-bahs.Link

Time to end Federal Reserve secrecy.

Among the facts that the Federal Reserve would rather you didn’t know is that at the height of the financial turmoil in 2008, when average Americans were just beginning to suffer, the institution was passing out sweetheart deals to protect the powerful and well-connected. Among the beneficiaries were foreign banks, Wall Street giants and even the company that then owned MSNBC.Link

Forecasts Are Lowered by Fed.

Federal Reserve officials lowered their forecasts for growth and employment this year and next, underscoring the Federal Open Market Committee’s statement today that the recovery “is continuing at a moderate pace, though somewhat more slowly” than previously expected.Link

Ron Paul has won..............

Now Newt Gingrich and Tim Pawlenty are parroting Rep. Ron Paul (R-Texas) in criticizing the Federal Reserve Board while Mitt Romney and a growing number of congressional Republicans are beginning to sound like traces of Ron Paul regarding Afghanistan.Link

‘daunting’ long-term budget outlook.

The Congressional Budget Office (CBO) released its Long-Term 2011 Budget Outlook Report, Wednesday, with dire projections for the nation’s fiscal future if the current path is not changed. The CBO called its budget outlook “daunting.”.Link