I found this to be quite the interesting (and somewhat surprising) choice for 2009’s Person of the Year. What are your thoughts and opinions on TIME’s choice?

Ben Bernanke named Time Person of the Year Read the full story

What are your thoughts on this one? Fox News aired a segment suggesting the federal government lower the minimum wage to help workers and the economy. I’m not too sure this is something that would be called for during the economic times we are currently in.

Credit f0r the video to RawStory.com

This is the second time that U.S. bonds have been seized in Italy this year.

U.S. Authorities Probing $100 Billion of Bonds Seized in Italy

By Sonia Sirletti and Elisa Martinuzzi

Sept. 18 (Bloomberg) — The U.S. Secret Service is examining more than $100 billion of U.S. government bonds confiscated in northern Italy in August, just two months after $134 billion of allegedly fake securities were seized in a nearby town. Read the full story

Data taken from NationalPriorities.org

• Current cost of war on terror (including Iran and Afghanistan) – $915.1 billion through 2009

  • $130 billion requested for 2010
  • Greater than $1 trillion spent by 2011
  • The war on terror has been funded by taxpayers for 8 years now (2001-2009).

• Cost Obama proposed for his health care plan during 9/10/09 speech – $900 billion over 10 years

  • He also claimed the savings would reduce our deficit by $4 trillion, and would not be funded by taxpayers. Read the full story

By Thomas Lahey

Forum Columnist

“Economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.” These words, written by economist Ludwig von Mises, seem terribly pertinent in light of recent developments in the United States. Congress extends its reach over the economy daily with every new regulatory measure it can think up. In today’s world, where problems are a dime a dozen, that means a lot of new legislation. Unfortunately, the question is never “Should the government do something?” but always, “What should the government do and how quickly?” This is a recipe for bad policy. Read the full story