TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Wednesday, January 23, 2013

Gun-Related Offers? Not on Groupon. “Gun Deals Rnt Us!” That is Groupons new motto. Want to sell a course on firearms safety? Skip Groupon. Groupon is “No guns, M’Lady.” Why would anyone selling gun-related offers care? You don’t have to offer a discount these days. If anything, you can hike prices. We are seeing the biggest gun rush in my... READ MORE Hyperinflation in the Afterworld There are a lot of Jewish comedians who broke into the comedy business as stand-up comics. There are a lot of Jewish economists who broke into the field of economics as sit-down drudges. Yoram Bauman is the only Jewish economist who broke into the field of economics as a stand-up comic. Here, you see why. ... READ MORE As I Predicted 13 Months Ago, Apple’s Days of Easy Profits Have Ended. In early December, 2011, I wrote an article on why I thought Apple would lose the smart phone war to Android. Read it here: http://www.garynorth.com/public/8798.cfm Apple’s momentum is now slowing. It suffered a profit decline in the fourth quarter. That has not happened in a decade. It is a great company. It sells music. It... READ MORE Boehner Kicks the Deficit Can Until May 18. Obama Accepts. The House Republicans have decided to kick the can. Obama has won. It was an easy victory. There will be another can-kicking on May 19. The Republican party is devoid of either brains or backbone. The prophet Isaiah called Egypt’s Pharaoh a broken reed. “See, you trust in the staff of this broken reed, on... READ MORE Obama’s Second Inaugural Address: An Unofficial Translation Barack Obama, who did not close Guantanamo, prosecute corrupt bankers, or get American troops out of Afghanistan, delivered his second inaugural yesterday. The address was a judicious combination of platitudes, deception, code words, and a large dose of bloviation at the end. To bloviate is to give long speeches with high-flying words, yet communicate little.... READ MORE The Futility of Banking Reform Gary North’s Reality Check (Jan. 22, 2013) The largest banks are immune to reform or regulation. They control the Federal Reserve System, and have since the beginning in 1914, when it opened for business. The Congress defers to the FED. So, the banking system never changes much. There is never a significant reform. Today, the... READ MORE Water on Mars: The Endless Search With Our Tax Money Goes On. Two more scientists have said that we — meaning American taxpayers — are close, very close, just-around-the-corner close to discovering water on Mars. Water means life is possible. Life being possible means more money spent to discover life on Mars. Life on Mars means that the the Bible’s version of life has to be wrong. ... READ MORE Trust in Leaders Is Fading, Survey Reveals. There is a survey for everything, it seems. One of them annually measures public trust in leaders and institutions. It’s called the Edelman Trust Barometer. Clever, right? A barometer tells you if a storm is coming. A big storm is coming. When trust fades, legitimacy follows. When legitimacy fades, revolutions occur in bad times that... READ MORE Jim Wallis, a Social Gospel Activist, Says It’s Time for More Gun Control Jesus wants the U.S. government to ban guns except those owned by government-licensed hunters and guns carried by law-enforcement officers or the military. How do we know this? Because Jim Wallis says so. Who is Jim Wallis? He is a Left-wing Democrat. He has never been anything else. He has spent 40 years trying to... READ MORE Gun Violence Is Urban, Inner-City Violence We know where gun violence is highest: inner-city districts that vote Democrat. Is there any way to get the guns away from gangs? No. We all know this. Even Congress knows this. Democrats say they want to get guns away from dangerous people. They do not mean people living in their voting districts. They mean... READ MORE