YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: Depression
  • “Welcome To Obamaville: Colorado’s Fastest Growing Community” Reads Homeless Camp Sign

    This story broke in Colorado Springs, Colorado, where residents found this controversial sign at a homeless camp. Colorado’s station KRDO was first to break the story, and now the station has made a “public appeal for information” on who the originator was. Though Spencer Swann of Colorado Canyon Signs admits to the contruction of the …

  • Ron Paul on the recession: ‘None of this is behind us’

    The Hill has a new article explain Ron Paul’s view on our economic woes, his assignment of blame to the Federal Reserve, and his conviction that Wall Street is still “a shaky place to be.”  Read it here. Trends researcher Gerald Celente agrees, predicting that “the worst is yet to come.” Dubbed as the world’s …

  • Non-Austrian Economists Are Befuddled

    Regarding phony exuberance over the 10k dow, I think genuine  confusion, rather than an attempt at  propaganda, is the motive of this over-the-top media coverage. This confusion was best summed by a fascinating article written by Paul Krugman several weeks back analyzing the flaws in establishment economic schools. Krugman conceded that Neo-Keynesian and Chicago School methodologies were deeply flawed, …

  • HAPPY BIRTHDAY, TARP!

    One year ago today, a bill was signed into law by President George W. Bush that would: provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal …

  • Is the worst still to come?

    Gerald Celente of the Trends Research Institute says yes: Conditions will continue to deteriorate. The global economy is terminally ill. The recession is in a brief remission, not the early stages of recovery. Cheap money, easy credit and unrestrained borrowing brought on an economic crisis that cannot be cured by monetary and fiscal policies that …

  • Obama is absolutely right.

    A recent news article reports: “Reckless actions by a few have fueled a recession that spans the globe,” Obama said of the meltdown that began in the United States with a tumble in housing prices and drastic slowing of business lending. The downturn now threatens superpowers and emerging nations alike. “Reckless actions by a few,” …

  • Rewrite the Codes

  • Graduation Day

    I only graduated from college a little over a month ago, and unfortunately, given the ongoing government-induced depression, this cartoon is more fitting than ever:

  • The Onion explains it all…in diagram form, no less

  • 1934 Depression-Era Cartoon…Look Familiar?