Free Republic

Charles Goyette has made an important contribution to the conservative and investment literature by distilling complicated economic and financial matters into an easily digestible volume. This is a must-read for conservatives and personal investors in search of a better understanding of a host of economic and financial topics including: the federal bailouts, the national debt, monetary policy and the Federal Reserve, inflation, and the role of gold in currency valuation throughout history.

A landmark ruling in a recent Kansas Supreme Court case may have given millions of distressed homeowners the legal wedge they need to avoid foreclosure. In Landmark National Bank v. Kesler, 2009 Kan. LEXIS 834, the Kansas Supreme Court held that a nominee company called MERS has no right or standing to bring an action for foreclosure. MERS is an acronym for Mortgage Electronic Registration Systems, a private company that registers mortgages electronically and tracks changes in ownership. The significance of the holding is that if MERS has no standing to foreclose, then nobody has standing to foreclose – on...