TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Monday, February 11, 2013

Gold Will Fall to $750 in a Year, Says Rodney Johnson. (Who?) I had never heard of Rodney Johnson a week ago. But then I came across an advertisement link: “Gold will fall to $750.” I am always interested in ads. Financial ads sell either greed or fear. This was a classic fear headline. I clicked. Here is what I read. Gold Up or Gold Down? Why... READ MORE Gold Is Not Money. This Video Shows Why. Mark Dice says that hardly anyone knows the price of gold. To prove this, he went out on a pier at the beach in southern California. He stopped people and told them they could have a free gold coin if they guessed the price of gold within 25%. He showed them the coin. No risk. ... ... READ MORE Video: 30-Story Skyscraper Built in 15 Days It’s almost all over for conventional construction. This was done 29% cheaper per square foot. Watch this for 3 minutes. This is the future. ... READ MORE House: $58m in 2006. Sold for $29m, 2012. Property Tax, 2011: $7,900. Hmmmmm. Someone thought he had a really good deal in 2006. It was listed for sale in 2006 in San Francisco in for a mere $58,000,000. A steal! A once-in-a-lifetime opportunity. “Don’t rent. Own.” It just sold for a little under $29 million. Easy come. Easy go. But there is the matter of property taxes. The... READ MORE Giving Predestination a Helping Hand: A Dating Site for Calvinists Arminians don’t always believe in free will when it comes to marriage. Mothers tell daughters: “God has a man picked out for you.” Calvinists take no chances. For a dating site for Calvinists, click the link. ... READ MORE Cap Pistols, Gun Control, and Ethics Gary North’s Reality Check It never ceases to amaze me how many articles that we can find on Wikipedia. Rare is the case when I search for a topic, type in wiki, and the first article that my search engine discovers is not a Wikipedia article on exactly that topic. I searched for “cap pistol”... READ MORE Cosmo Girls Have Smartphones. So, Cosmopolitan Is Dying. Another print-based magazine is about to byte the dust. Women’s magazines have their biggest sales at supermarket check-out lines. But these days, women with money have smartphones. Do they buy a women’s magazine to browse through while they are waiting? Not any more. They check their smartphones. Cosmopolitan‘s print-based magazine sales fell 18.5% in 2012.... READ MORE Job vs. Calling in a Lawyer’s Career Your job is not your calling. Your job is what you do to put food on the table. Your calling is the most important thing you can do in which you would be most difficult to replace. Here, I apply this distinction to the careers of lawyers. I delivered it at a meeting of the... READ MORE Band Aid on Cancer: Another Program to “Save” the Public Schools Here is a PBS News Hour segment on a non-profit program to reverse the effects of tax-funded education on the victims: students. The program is positive. It identifies top-flight teachers in Chicago’s inner city high schools. It puts them in charge of one class period per day, where students who want to go to college... READ MORE The Andromeda Strain, Yes. Jesus, No. Your Tax Dollars at Work. You have heard about the need for the separation of church and state. What about the separation of science and state? But science is neutral, we are told. Suuuuure it is. Scientists are impartial searchers of truth. Suuuuure they are. The space program above earth’s gravity is a Darwinist boondoggle. The money spent by the... READ MORE