TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Thursday, January 10, 2013

Government Promises Are Hallucinatory Drugs Gary North’s Reality Check Here is the first political jingle I ever heard. “They promise you the sky. They promise you the earth. But what’s a Republican promise worth? Don’t let them take it away!” It was sung by a quartet at the 1952 national convention of the Democratic Party. If you substitute the word... READ MORE Math Teacher Arrested Attempting to Board a Flight Unassociated Press Story: A public school teacher was arrested today at John F. Kennedy International airport as he attempted to board a flight while in possession of a ruler, a protractor, and a graphing calculator. At a morning press conference, Attorney General Eric Holder said he believes the man is a member of the notorious... READ MORE Teachers Line Up for Handgun Training in Texas and Ohio It is legal in both states for teachers to carry concealed weapons. Almost 1,000 have signed up for training in Ohio. About 400 signed up in Texas. Why thousands more have not signed up is a mystery. Utah has a similar law. Why the other 47 states have not passed such legislation is also a... READ MORE Video: How Does Creativity Like This Happen? This video is amazing. It’s not just the quality. It’s the creativity. When people are left alone to follow their hunches, wonderful things can happen. Here is the division of labor in a unique application. We never know when an idea will hit. When it does, we should be ready to pursue it. These guys... READ MORE Retirement Lies People Tell Themselves Barry Ritholz has written down 20 lies people tell themselves about our “golden years.” Are you indulging in any of them? Here are the first 10. We can avoid allowing our emotions to impact our thinking and behavior We don’t have many biases that affect the way we perceive the world around us We can ... READ MORE The Four Business Gangs That Run America You probably knew about three of them. Economist Jeffrey Sachs lists them, and adds a fourth. 1. The military-industrial (-Washington) complex. 2. The Wall Street-Washington complex 3. The oil-transportation complex. There is a fourth. Guess what it is. If you are stuck, you will understand perfectly when you click the link. ... READ MORE Budgeting for a Lifestyle Contraction I regard survivalism as a legitimate lifestyle that is hedging against a series of events that are unlikely to take place, but which if they ever take place, would place the serious survivalist in a much better position to deal with these events than most others who live in an urban environment. The basic issue... READ MORE Public School Teachers Pay Others to Take Their Employment Tests What if your child were being taught by a teacher who could not pass a 12th-grade-level test in that teacher’s major field? What if that teacher, with a B.A. in education, paid someone else to take a mandatory teacher qualification exam? It happens all the time. The scandal of the hire-an-exam-taker broke a year ago. ... READ MORE