TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Saturday, December 22, 2012

WEEK IN REVIEW: The top stories of the week Texas Congressman on Guns: "Arm Public School Teachers" I don’t believe in federal gun control laws, pro or con. It’s none of the federal government’s business. The Second Amendment is just fine. We don’t need more gun laws. We need the repeal of gun laws. But one Congressman-elect thinks what we need is armed teachers. You know. Like El Al Airline’s pilots. The... READ MORE Forecaster Predicts 100% Walmart Sells Out Its Stock of .223 "Assault" Rifles In five states, Walmart has sold out its entire stock of .223 semi-automatic “assault” rifles. (I have never heard of a “defense” rifle.) I find this utterly shocking. What’s wrong with shoppers in the other 45 states?... READ MORE A Nation Run by Idiots This is all over the Web: You know you live in a Country run by idiots if… You can get arrested for expired tags on your car but not for being in the country illegally. Your government believes that the best way to eradicate trillions of dollars of debt is to spend trillions more of... READ MORE Key Sign That a U.S. Recession Has Begun When Americans buy less from abroad for two consecutive months, something is up. What may not be up is the economy. This has happened for the last two months for which data are available. The U.S. balance of payments is rising, as always, but at a lower rate. The demand for foreign goods is slowing. ... READ MORE Headhunter Reveals 3 Ways to Get a Job if You Are Unemployed You may not be unemployed . . . yet. But someone you know may be. It’s a discouraging feeling. I’ve been there. In the first half of 1976, I was out of work, except for my meager newsletter income. Then Ron Paul hired me. I got that job because Larry Abraham (the co-author of the... READ MORE