TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Thursday, January 17, 2013

President Obama Shoots Himself in the Foot on Gun Control North’s law of knee-jerk politics is this: “When you become a knee-jerk politician, you will eventually shoot yourself in the foot.” This is what President Obama has just done. He has decided that he is going to make gun control one of his two major issues. The first issue is getting the House of Representatives... READ MORE Napolitino vs. Napolitano on Gun Control Think of this as an ideological shoot-out at the political OK Corral. First, Judge Andrew Napolitano. The historical reality of the Second Amendment’s protection of the right to keep and bear arms is not that it protects the right to shoot deer. It protects the right to shoot tyrants, and it protects the right to... READ MORE Double the Effective Size of a City Apartment or a Rural Retreat Cabin There is no question that I will buy this for my retreat cabin. Say that your space is limited: 420 s/f. Do this.... READ MORE Big Banks Are in High Cotton: Profits Soar Goldman Sachs’ profits are up. J. P. Morgan Chase’s profits are up. How are your profits? Not so good? That’s because you’re not an ex-CEO of Goldman Sachs. Therefore, you’re not the Secretary of the Treasury. You’re not Hank Paulson. You’re not Robert Rubin. You’re not even Jon Corzine. So, no U.S. Senate seat for... READ MORE 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... "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