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But again, you know, the views that we've expressed are transferring power back from the federal government to the states, giving Alaska an incredible opportunity to expand its economy, especially at a time when our federal government is coming close to bankruptcy. So that is a broad-based appeal. It's not an extreme view.
In the rush to become all things to all people, the federal government has lost sight of its core responsibilities. As a result we're stuck in this frustrating paradox where Washington actually neglects things it's clearly supposed to be doing, while interfering in other areas where they are neither welcome nor authorized.
The Federal Reserve's objectives of maximum employment and price stability do not, by themselves, ensure a strong pace of economic growth or an improvement in living standards. The most important factor determining living standards is productivity growth, defined as increases in how much can be produced in an hour of work.
Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropriate federal responsibilities, but one resting on a broader, fairer tax base without penalizing saving and investing, the backbone of a strong, decentralized and thriving economy.
Hillary Clinton is in political trouble and perhaps even legal trouble over her use of private e-mail accounts and bypassing government-issued accounts containing substantial amounts of information that belongs to the federal government. But ultimately, I don't think this latest controversy will hurt her presidential ambitions.
The first outbreak of America's 11-year skyjacking epidemic occurred in the summer of 1961, when four planes were seized in the nation's airspace. The last of these incidents, involving 16-year-old Cody Bearden and his father, Leon, is the one that finally forced the federal government to pay attention to the escalating crisis.
Reagan cut through irrational federal regulations to allow children to live with their parents, where they could receive care that would cost the taxpayer one-sixth as much as institutional care. By contrast, Obamacare has added thousands of pages of bureaucratic regulations and will cost the federal government untold billions.
The States is run by the Federal Reserve, an institution that answers only to itself and to a few large banks. It's modelled on the Bank of England. Ben Franklin said that one of the main reasons America revolted was to get away from the Bank of England, the mother of all central banks - the most pernicious and insidious of all.
As you know, in the latter part of 2008 and early 2009, the Federal Reserve took extraordinary steps to provide liquidity and support credit market functioning, including the establishment of a number of emergency lending facilities and the creation or extension of currency swap agreements with 14 central banks around the world.
The person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They're not taking piano lessons. They're not going to the gym or the yoga studio. They're not sending mom flowers on Mother's day. What good is this person in the economy? If you raise it to $15 an hour, they're doing all of those things.
Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.
The federal government's role is to establish a process whereby industry can pitch a project, and Canadians can be reassured that this project is worth the risk. That's at the heart of governments granting permits and communities granting permission. People understand we do need economic growth. We do need natural resource projects.
I want to go to Mexico. I've been stonewalled, so far, by federal officials. I want to go to Mexico, and I want to meet with the top Mexican officials. I want to tell them my past experience and what I can do here as Sheriff to help them get better intelligence and communications on the drug thing, not the illegal immigration thing.
When I graduated from college, I went straight to work for a federal contractor, a desk job, and they were great to me, they loved me, I was like their mascot, but I just couldn't stand working in an office. I just hated it. And so one day I went in and said, 'I'm sorry, this is my two-weeks notice, I'm quitting to become an artist.'
In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions.
Trump and Barr both insist that he has been cleared, but that's not what more than 1,000 former federal prosecutors who read the Mueller report say: The evidence described in the report would lead to an indictment of anyone else in the country. If that's right, we simply cannot have a president who remains in office because of a technicality.
Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.
