TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Friday, March 22, 2013

“Stomp on Jesus’ Name or Flunk My Class,” Says Professor. Student Refuses. Gone! I love a story like this. It shows the utter perversity of tax-funded university education. A student in a class in the academically peripheral Florida Atlantic University was told by the instructor to stomp on the name of Jesus. Do it, or flunk. The student refused. He then protested to the administration. Result: the student [...] READ MORE “Loving” Christians Who Plan to Steal Your Money by Ballot Box I am writing a detailed critique of one of Jim Wallis’s fans. She is a professor of law. She wants the rich to pay for the welfare state. She thinks 70% of their income is about right. She calls herself a moderate. I am serious. She really thinks 70% is reasonable. But so did Kennedy. [...] READ MORE So, You Want to Publish Your Own Magazine. Do It for Free. I publish Tea Party Economist five days a week. It looks as though I will soon be facing competition. Maybe from you. There is a free mobile phone app called Flipboard. It lets you get access to lots of Web stories on any topic. You pick the topic. If you want to create your own [...] READ MORE Billionaire Buys a Hideous Picasso Painting for $155 Million Picasso had enormous talent at age 15. He drew magnificently. Then he visited an art museum that was displaying African art. This experience changed him. He painted hideous trash for the rest of his life. You know it’s trash. Maybe you are afraid to admit this in public. That is because art experts says it’s [...] READ MORE 13 Assumptions That Put Your Children at Risk Gary North’s Reality Check There are 13 assumptions that pave the road of good educational intentions. Most Christian parents who send their children to college have adopted eleven of the 13. The first one is this: “The state has both the authority and the moral obligation to fund education.” Then come the other 12. 2. [...] READ MORE ObamaCare Will Weigh You Every Time You Visit the Doctor Nanny Obama is giving Nanny Bloomberg a run for his money. ObamaCare will now force you to be weighed and measured every time you go to the doctor’s. Your BMI is important to the federal government. Why? It’s not clear yet. At some point, fat people will start getting nagged. That’s what nannies are for. [...] READ MORE Europe’s Bailout Rebound Lasts Three Hours. Reverses. Yesterday, I ridiculed the idea that the Cyprus bailout would be the last one. Within hours, Europe’s stock markets fell. So did the euro. The initial optimism collapsed. Why? Because the faceless bureaucrat who heads the faceless, unnamed EuroGroup admitted the truth: the rescue of Cyprus would serve as a model for the next round [...] READ MORE Video: “How Come We’re So Rich?” I gave this lecture at the annual Austrian Economics Research Conference, held at the Mises Institute in Auburn, Alabama. I gave it on Friday afternoon, March 21. The topic, “How Come We’re So Rich?” dealt with the Industrial Revolution, and how it has changed our lives in ways unimaginable in 1800. We forget how utterly [...] READ MORE “The Banking Crisis Is Over,” Say European Bureaucrats. Ho, Ho, Ho. Bureaucrats are paid well to lie. They are paid well to tell the voters not to worry, that everything is fine. This lets politicians say the same. The banks in Cyprus remain closed. There is a $130 limit on daily withdrawals of currency out of an ATM. Capital controls keep depositors from wiring euros outside [...] READ MORE Sequestration Pain: Biden Loses $13,200 Weekly Free Flight Home (100 Miles) Talk about unintended consequences! Vice President Biden will lose his weekly flight to and from home: 100 miles each way. He normally flies on Air Force 2, a 727 jetliner that is earmarked as his very own for as long as he is the Vice President. The estimate is that this costs $13,200, round-trip. I [...] READ MORE