TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Saturday, December 29, 2012

WEEK IN REVIEW: The top stories of the week Milking the Taxpayers: $7 a Gallon When We Go Over the Fiscal Cliff The price of milk will double if Congress does not pass a replacement farm bill. We will be paying $7 a gallon. That’s because the federal government’s milk producers’ subsidy will go to $7 a gallon. The daily industry will rejoice. “Happy days are here again!” “We’re in the money!” The lapse of today’s farm... READ MORE In Defense of the Second Amendment Gary North’s Remnant Review I want to go over in considerable detail the fundamental issues of the Second Amendment to the United States Constitution: the right to keep and bear arms. There is a great deal of emotional commitment in the United States to one of two extreme positions: (1) the right of every non-felon... READ MORE No Housing Recovery in 2013, Says Roubini He wastes no time getting to the point. I think he is correct. There will be bargains. I will buy a few. ... READ MORE Big Problems and Big Government Gary North’s Reality Check (Dec. 27, 2012) This article is in the Technology Review. It is typical of an engineer’s view of social problems. Each of the big ones has a technological solution, he says. But they rarely do. The article began with the 1969 walk on the moon. That was the most spectacular and... 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