The New American

A biweekly news magazine of Constitutional politics in the United States. Articles include expert analysis of current events, editorial commentary, free-market economics, history, and culture. Published by the John Birch Society.

Articles from Vol. 25, No. 1, January 5

A Crisis of Dollars and Sense: The "Dollar" Bills That We Routinely Exchange for Goods and Services Are Not Genuine Constitutional Dollars, but Promissory Notes Substituting for the Real Thing
Every day, millions of Americans receive and pay out what they think are "dollars." Yet, in almost every instance, they are deceiving themselves. For the "one-dollar" (picture of George Washington on its face) Federal Reserve Note (FRN) that most everyone...
Auto Bailout: Lemon or Lemonade? Will a Bailout of the Big Three Automakers-General Motors, Ford, and Chrysler-Refresh the Auto Industry or Further Sour the Economy?
[ILLUSTRATION OMITTED] With the total tab for Washington's bailouts in excess of $8.3 trillion and with one economic sector after another looking for handouts, it is perhaps not surprising that the struggling automobile companies would have gotten...
Bad Economics & Medicine
ITEM: In an article entitled "5 Myths About Our Ailing Health-Care System" in the Washington Post for November 23, 2008, Shannon Brownlee and Ezekiel Emanuel write that the United States lags behind "many developed countries on virtually every health...
Bailout Mania! the Treasury Department and Federal Reserve Are Spending Trillions-And Congress Is Letting Them Get Away with the Biggest Theft in History
[ILLUSTRATION OMITTED] Jet-setting CEOs battered and humbled by outraged lawmakers." This, or some similar title, may be affixed to what will undoubtedly become for many people the iconic event of the unfolding economic debacle known as "The Bailout-O-Rama...
Bernanke's Money Maneuvers: Federal Reserve Chairman Ben Bernanke's Radical Policies Have Prompted Alarm That They Might Worsen Our Economic Recession/depression
[ILLUSTRATION OMITTED] For a man who once worked at South of the Border, the kitschy South Carolina tourist trap on I-95, Federal Reserve Chairman Ben Bernanke has come a very long way. From his hometown in Dillon, South Carolina, where young Bernanke...
Court Won't Hear Obama Citizenship Case-But May Soon
On Monday, December 8, the Supreme Court unsurprisingly decided not to hear a case by retired lawyer Leo Donofrio claiming that Obama is not eligible to be president because Obama had dual nationality at birth, so he wasn't a natural born citizen as...
Grass-Roots Pressure Kills Ohio Constitutional-Convention Resolution
On December l0 the Judiciary Committee of the Ohio House held a hearing on House Joint Resolution No. 8 (HJR 8), "Applying to the Congress of the United States pursuant to Article V of the United States Constitution to call a constitutional convention...
Hard Times, Not Hard Hearts
For the past seven years, the 13 employees of SLM Financial in Fayetteville, North Carolina, have staged their annual Christmas party for the residents of Falcon Children's Home, a Christian home that cares for children who can no longer live with...
Iraqi Shoe Tosser Becomes Arab World Celebrity
[ILLUSTRATIONS OMITTED] During the press conference in Baghdad for his December trip to Iraq, President George W. Bush hailed progress in the war that defines his presidency, but got a reminder of his unpopularity when a man hurled two shoes at...
It's All for Free
On November 27, CNN honored their Top 10 Heroes of 2008 during a star-studded gala presentation. Last month we profiled one of those 10, Tad Agoglia. Another so honored on Thanksgiving was David Puckett of Savannah, Georgia, along with his ministry,...
Ponzi, Madoff, and the Fed
Poor Charles Ponzi is getting another media drubbing. News stories, of late, have been declaring Bernard Madoff's spectacular in- vestment fraud case "the biggest Ponzi scheme in history." Madoff, a former chairman of the NASDAQ stock exchange, was...
Socialism's Broken Promise: Even in the United States, the Utopian Economic and Political System Known as Socialism Remains Attractive to Those Who Are Not Familiar with Its Track Record of Broken Promises
[ILLUSTRATION OMITTED] "The free market for all intents and purposes is dead in America," said Sen. Jim Bunning (R-Ky.). "The action proposed today by the Treasury Department will take away the free market and institute socialism in America." Senator...
Tale of Two Men
Plaxico Burress and Francis Lewis, two prominent residents of the state of New York, lived three centuries apart. Burress is a New York Giants football player, and he was the star of football's Superbowl XLII, catching the winning touchdown for the...