TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Wednesday, January 16, 2013

Drudge Links Obama and Hitler on Gun Control. Left Cries, “Foul!” Hitler imposed gun control on Jews. This is a matter of record. The thought of a bunch of Jews owning guns really upset him. The man was intolerant of Jews with guns. Drudge ran a photo of Hitler and Stalin right above this headline: White House Threatens ‘Executive Orders’ on Gun Control. Leftists in the,... READ MORE Germany Will Pull Its Gold Out of the Federal Reserve Bank of New York and France. If the Federal Reserve Bank of New York has all of the gold in its vaults that is owed to Germany, there will be no problem. But what about other central banks? If they follow suit, the scene in Die Hard 3 will be repeated: gold flows out. Before this happens, there had better be... READ MORE Republican-Controlled House Votes a $50 Billion Bailout as Part of the Debt Ceiling Fight The Republicans in the House have come up with a new strategy to force Obama to accept a debt ceiling. In their principled stand against increasing the national debt, they voted to send $50 billion of borrowed money to state governments that would otherwise have suffered deficits. The justification? Hurricane Sandy. Better to borrow more... READ MORE Federal Reserve Has Just Returned Almost $90 Billion to the Treasury Some people think the Federal Reserve keeps all of the interest the government pays to it. This was true up until the early 1940s. It has not been true ever since. The law was changed during WW II. Every year, the FED repays most of the money to the government. For 2012, it was $88.9... READ MORE "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 Swindled: How the GOP Establishment Took Away Ron Paul’s Votes Here is a site that provides an audio report on a new book on this topic. Click the link. Then click the site’s link. ... READ MORE