TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Tuesday, January 8, 2013

A Bill to Register Buyers of Gold and Silver Coins It had to come. It has been introduced in Illinois, the most anti-gun state in the USA. Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. ... READ MORE If Your Child Were Being Taught History by This Teacher, Would You Pull Your Child Out of School? The president of the victorious teachers’ union in Chicago gave a speech last year. In it, she said that American labor leaders — meaning trade union leaders — in the late 19th century were willing to kill the rich: “Off with their heads.” The crowd laughed. This is utter nonsense. The Knights of Labor and... READ MORE Don’t Go into Debt for an MBA If your employer foolishly offers to fund a night school MBA, you might consider it. But if you must spend $30,000 to $100,000, skip it. The top schools get $150,000. There are half a dozen that may pay off: Harvard, Chicago, Wharton, Stanford, and maybe a few otherwise. These are the diamonds. The rest of... READ MORE From Vitality to Death: Detroit’s Cass Tech High School in Photos A photographer discovered filing cabinets filled with old photos of Detroit’s Cass Tech High School. The school had been abandoned. He pieced together photos of the very same rooms, then and now. Each photo is a composite. In most cases, the color photos are older. If you want to see what high taxes, government bloat, ... READ MORE Social Security = Leprechaun Economics Gary North’s Remnant Review (Jan. 7, 2013) I want to discuss an article. I may be exaggerating, but I regard this article as the most sophisticated exercise in terminal naiveté that I have ever read. It is an intelligent article with respect to the problems that it lays out. It is dealing with the Ponzi... READ MORE Controlling Your Children from Beyond the Grave I received this inquiry: I have been purchasing 1 oz gold coins over the past several years as central bank insurance, and am beginning to accumulate a substantial amount. After I die, I’m afraid my heirs will immediately exchange this gold for paper currency units, having no idea or care of the gold’s importance. The... READ MORE If You Lose Your Job, You Had Better Have a Fall-Back Plan The USA gained 155,000 jobs in December 2012. In December 2011, it added 200,000 jobs. Something is wrong. Job growth is slowing down. Why? One reason is Obamacare. It now pays firms with about 50 people on their payrolls to fire workers, or to cut back their hours below 30 a week. This makes these... READ MORE The National Rifle Association Shoots a Gaping Hole in the National Rifle Association The NRA’s chief spokesman, Wayne T. LaPierre, got more publicity than he ever has before when he came out in favor of getting an armed guard in every public school. This was in response to the Newtown killings. He was after a sound bite. He got it. He called for the end of the gun-free... READ MORE