by Bill Farley | Sep 25, 2023 | economics
I REMEMBER DISCUSSING THE DEFINITION OF MONEY in my college Econ 101 class. We learned that money by definition must have at least five properties. It must be divisible—you can use it to make change. It must be portable—you can put it in your pocket. It must be...
by Bill Farley | Feb 8, 2023 | Culture
THE UNITED STATES IS SLOWLY MOVING toward socialism. However, although socialism—and its advanced form, Communism—have never worked, the naive in the U.S. pursue it anyway. Socialism doesn’t work because the State finally runs out of other people’s money....
by Bill Farley | Oct 17, 2012 | Uncategorized
MANY THINK the culture war is a battle over social issues such as abortion and same sex marriage. And although these issues are a crucial source of conflict, there is another issue that is less obvious but just as insidious. It is the issue of fairness.Alexis de...
by Bill Farley | Aug 2, 2011 | Uncategorized
The potential downgrade of US government debt has been the subject of recent media headlines. The United States is at one of those crucial historical turning points. The enemy is not out there. It is in our midst. This great nation is on the road to financial...
by Bill Farley | Apr 28, 2011 | Uncategorized
A recent article in Time Magazine (of all places) sheds considerable light on our looming National Debt Crisis. Our federal, State, and local debt poses a greater threat to United States sovereignty than all the external threats, such as communisn, Islam, etc.,...