TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Monday, February 4, 2013

Bill Gross and the Copyright Fairy I want to write an article on an article that Bill Gross wrote. Mr. Gross runs the world’s largest bond investing fund. He is famous in the investment community. Recently, he wrote a very important article. It had a catchy title. I would like to share it with you. Unfortunately, I am not allowed to. ... READ MORE Surveilance Drone Can See What You Are Doing from 15,000 Feet. This is some camera! ... READ MORE The Government Is Going to Help Americans Keep Their Retirement Funds Safe. Oh, Goodie. “I’m from the government, and I’m here to help you.” Run. We know what’s coming. The government will find lots of risks for Americans. Next step: a program to offer government-guaranteed retirement bonds tied to the dollar. They will pay maybe 3% — guaranteed! Then these bonds will be made compulsory. Then consumer prices will... READ MORE Student Debt: A Needless Burden, Yet Widespread No liberal arts student needs to pay more than $15,000 to earn an accredited bachelor’s degree. That’s about $10.50 a day. Working at a fast food restaurant part time will pay for this. But parents send their children into the debt swamp, even dipping into their retirement savings to pay for this. Even with help... READ MORE The German Central Bank Wants Half of Its Gold Back. The German central bankers have been pressured by politicians to demand that half of the nation’s gold be sent back to the German central bank. Senior officials at the Federal Reserve persuaded the Germans to get their gold back over seven years. Does this sound as though the New York FED has assigned Germany’s gold... READ MORE Walmart Wins, Union Loses. Walmart Shoppers Never Noticed. The union that tried to create problems for Walmart in the Thanksgiving sales failed miserably. There were pickets at 26 stores nationally. It was a complete flop. Now the National Labor Relations Board has ordered the union to cease picketing. This means that the picketing was illegal after all, just as Walmart had claimed in... READ MORE Jobless Claims Rise by 38,000. “No Problem.” The recovery is A-OK. Did jobless claims rise by 38,000, to 368,000 last week? Yes. No problem. The total number of people claiming benefits in all programs for the week ending January 12 was 5,914,983, an increase of 255,501 from the previous week. No problem. Did GNP fall in December? Yes. No problem. How do... READ MORE Suicide: The Biggest Killer in the U.S. Military In 2012, there were 349 military suicides. There were 311 combat-related deaths. Then there was this: “More than half of troops who killed themselves had never deployed from the U.S., and 85 percent never saw combat.” What is going on here? First, most suicides were in the Army and Marines. Second, there was a higher... READ MORE Liberty Is Making the World Richer. You’re Included. “The owl of Minerva flies only at dusk.” I came across that phrase many times over 45 years ago, when I was writing my first book, Marx’s Religion of Revolution (1968). (You can download it for free here.) What does it mean? Wikipedia explains. The nineteenth-century idealist philosopher Georg Wilhelm Friedrich Hegel famously noted that... READ MORE 3D Printing: Build Your Own Guns Want to own an unregistered gun? Be patient. A build-it-yourself kit is almost here. The gun control crowd is freaking out. They see what’s coming. There is nothing they can do about it. Even the New York Times sees it. “We now have 3-D printers that can manufacture firearms components in the basement,” said Representative... READ MORE