Best-selling author investment Bill Bonner is the founder and President of Agora Publishing, one of the most successful consumer newsletter in the world. The owner of Fleet Street publications and MoneyWeek magazine in the United Kingdom, he is the author of a free daily Email The Daily reckoning.
Hey … Rascal, Alan Greenspan, is back at the newspaper. And this time he has something that makes sense to say:
“The war that appears on the future of the welfare State, the political challenges which paradigm without serious in eight decades, is accentuating the Center decreases. Welfare State has run up against the brick wall of reality of the economic and fiscal accounting. Congress, have put in place improved rights without visible means of funding them, is on the verge of a dead end … “
Let’s go back to bring the dear readers fully into the picture. Alan Greencame to Washington in the ‘ 70s … to join the Council of economic adviser to Gerald Ford. But he arrived with some luggage which is very unusual. Accompanying the ceremony at his inauguration was none other than Ayn Rand herself, who said that Greenwas “her husband in Washington.”
Greenwas a member of his “collective” in New York, a group of anarcho-libertarian-randites who together and arguing about how to build a better world. They are agreed about the basics-the Government should reduce the size. And Government paper money had to be replaced by gold.