TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Tuesday, January 15, 2013

"Bury Your Guns at Wounded Knee" I did not write this. I wish I had. * * * * * * * * * * * * * * * * *December 29, 2012 marked the 122nd Anniversary of the murder of 297 Sioux Indians at Wounded Knee Creek on the Pine Ridge Indian Reservation in South Dakota. These 297 people,... READ MORE Drones with Guns: “If It Can Be Done, It Will Be Done.” Over 16 million people have seen this video. Seeing is believing. Start viewing at 60 seconds into the video. Have a nice day. ... READ MORE Federal Reserve Bank President Says, “We Must Inflate 24 x 7.” Gary North’s Reality Check Charles Evans is the president of the privately owned Federal Reserve Bank of Chicago. On January 14, he gave a speech in Hong Kong. As with all speeches by Federal Reserve Bank officers, except for Bernanke the Boring, he was careful to say that his views were only his own. “Before... READ MORE Why is the U.S. Government Like a Drunk in a Bar? “Put It On My Tab.’” In his January 14 press conference, President Obama said that we are not a deadbeat nation. By this, he meant that the United States government is not a deadbeat government. It pays its bills. He was challenging Congress to raise the debt ceiling. At an Alcoholics Anonymous meeting, each speaker begins with this: “Hi. I’m... READ MORE Gun Control: Not Enough Votes in Congress Lobbyists favoring the second amendment say that President Obama probably doesn’t have the votes to get a ban on assault rifles. They do not think that Congress will even accept restrictions on ammunition magazines. A specialist in gun control at Princeton University says that the longer there is no action on this issue, the less... READ MORE No Trillion-Dollar Platinum Coin, Treasury Says The scheme that proposes the issuing of a trillion-dollar coin to be sold for digital money from the Federal Reserve System is dead. The Treasury won't go along with it. That's really a shame. I was a big fan of the scheme. It would have been legal. ... READ MORE Social Security Tax Hike Hits American Workers. Surprise! The mainstream media are filled with stories about the surprise experienced by American workers this month. Social Security’s FICA tax will rise by two percentage points this year. Someone making $50,000 will pay an extra $1,000. It turns out that workers forgot to budget for this. They did not know that they would be pushed... READ MORE UN to Discuss Mali. Nobody Cares. War is escalating in Mali. Who cares? Could you find Mali on an unlabeled map of Africa? French voters could, of course. They have a stake in Mali. They have a stake because the French government says so. What is that stake? Do you know? Do you care? I don’t. This is standard. The UN ... READ MORE