TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Wednesday, December 26, 2012

High-Risk Passwords: Don’t Use One of These ere is a list. It was provided by a firm that specializes in privacy. password, qwerty, 123456, abc123, admin, 111111, shadow, letmein, trustno1, iloveyou, love, football, baseball, monkey, master, batman and common names like michael, jordan, even jennifer. I don’t use any of them. I recommend using a phrase. Take the first letters of each... READ MORE Barely Merry Christmas: Retail Sales Advance Slightly Retail sales advanced a tiny 0.7% October 28 through December 24. A year ago, sales grew by 2% in the same period. Hurricane Sandy may have been partially to blame. But the main reason reason lies deeper: a looming recession, triggered by the fiscal cliff. Taxes are about to rise in the United States. Meanwhile... READ MORE Flash! “Newsweek’s Last Printed Issue Goes On Sale. No One Notices.” Nobody has paid any attention to Newsweek in years. It had no influence. It had no dedicated army of subscribers. It was just another struggling print magazine that was headed for the tar pits. It was liberal. It was boring. It was filled with stories that made no difference. The most famous thing it ever... READ MORE Wealthy Chinese Flee China If you get rich in China, you get out. The elderly Communists who run the country are tyrants. If you get enough money to flee, you flee. About 150,000 of them have flown the coop this year. Their #1 destination: the USA. Who can blame them, other than elderly Communist tyrants? Technically, these people can... READ MORE Why the Gun Control Movement Is Doomed Gary North’s Reality Check (Dec. 21, 2012) I have watched the gun control movement become a major voice against gun ownership over the last 40 years. What has most impressed me is this: this movement has been unsuccessful in disarming Americans. The demand for guns keeps rising. I have known the leaders of the gun... READ MORE 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 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 Boehner Eats Another Mud Sandwich It was great to see. House Speaker John Boehner had to eat another mud sandwich yesterday. The man who sold out the Republican Party four years ago by leading the charge to vote for TARP has suffered a major personal defeat. The anti-tax conservatives revolted. They would not vote for his “tax the super-rich” bill. ... READ MORE