TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Tuesday, January 29, 2013

Parents, Be Prepared. The Boy Scouts May Accept Homosexual Scoutmasters. “Be prepared. That’s the Boy Scouts’ marching song. Be prepared, as through life you march along.” Tom Lehrer wrote that ditty over 60 years ago. It ended with this: “If you’re looking for adventure of a new and different kind, and you come across a Girl Scout who is similarly inclined, don’t be nervous, don’t... READ MORE Escape from New York: Hedge Fund Millionaires Head for Florida There is no state income tax in Florida. Real estate is sand cheap. Buy a mansion foe what a townhouse in New York City costs. There is snow. There are hurricanes. But you can get them in New York City, too. Say that you earn $1,000,000 a year or more. Would you prefer to pay... READ MORE FED Will Buy $1.1 Trillion in Bonds. Then It Will Buy More. If the FED must buy $1.1 trillion in bonds over the next 12 months, as now seems likely, why will it stop next year? It won’t. Forecasters are incredibly naive. They make a forecast about FED policy over the next 12 months, and then say nothing about 12 months after that. If the FED has... READ MORE Hostess Tries to Sell Its Brands Members of the small union that refused to bargain with Hostess are now looking for work. “I guess we showed ‘em.” Yes, they did. They are on food stamps now. They are receiving their unemployment checks from the federal government. The taxpayers are paying for their stand against the capitalists who owned Twinkies. With respect... READ MORE President Hillary? An Insider Says It’s Inevitable. David Rothkopf has written a column on CNN saying that Hillary Clinton will be elected President in 2016 if she wants the job. Who is Davod Rothkopf? He is the author of Superclass, the best Insider book on who the Insiders are, how they work, and how 6,000 of them control an enormous percentage of... READ MORE Rev. Jim Wallis: Liberal Patsy for the World Plutocrats Jim Wallis is the most terminally naïve public figure I have seen over the last 45 years. Nobody else comes close. Every year, he gets invited to the World Economic Forum in Davos, Switzerland. It is the annual meeting of the richest and most powerful people on earth. Why do they invite Wallis? Wallis is... READ MORE Escape from New York: A Prepper Shares His Fears and Plans I can hardly believe it. The New York Times, America’s liberal newspaper of record, has run an article by a New York City prepper. He tells why he is concerned. He is not alone. Hurricane Sandy served as a wake-up call. But there were a lot of preppers who heard the call earlier. They are... READ MORE Follow the Money. You Wind Up in Washington, D.C. Of the ten richest counties in the USA, seven surround Washinton, D.C. The richest, Louden County, has a median household income of $119,000 a year. That’s more than Silicon Valley. The Washintgon Post reports: The stability of an economy built on the pillars of the federal government, its legions of contractors and a flourishing high-tech... READ MORE Gun Owners Boycott a Huge Outdoors Show. Show Shuts Down. The good guys have won a big one. The annual Eastern Sports and Outdoor Show normally attracts 200,000 visitors. It earns money from 1,000 exhibitors. Last week the British firm that owns it decided to ban all visible references to assault weapons, so called. No sales, no advertising, nothing. A boycott began. The NRA canceled. ... READ MORE Free Rent: $2.5 Million Home. The Games Banks Play So, you want to move up. Well, then: move in. A 23-year-old squatter broke into a $2.5 million empty house. He thereby established rights to it: squatter’s rights. He can be evicted, but only by legal action. The Bank of America knows this. It does nothing. All over the USA, squatters have done this for... READ MORE