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Anniversary 2020

46th Anniversary Edition
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Derailing Amtrak

Eight people were killed and more than 200 injured when an Amtrak train bound for New York City derailed in Philadelphia on May 12. According to federal officials, the train had been barreling around a sharp curve at 106 mph—more than double the allowable maximum speed—just moments before the locomotive and all the cars careened…

Banking On A Sure Thing

While 49 state treasuries were submerged in red ink after the 2008 financial crisis, one state’s bank outperformed all others. So reports The Wall Street Journal, discussing the Bank of North Dakota (BND) and its striking success in the midst of a national financial collapse led by the major banks. Chester Dawson begins his November…

Money For Main Street!

When Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, runs an article recommending that the Federal Reserve do a money drop directly on the 99%, you know the central bank must be down to its last bullet. The publication’s September/October 2014 issue featured a startling proposal by Mark Blyth and Eric Lonergan…