TEA PARTY ECONOMIST

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

Biden on Gun Control: Concession in Advance If this were an NBA basketball game, Red Auerbach would be lighting his cigar. Joe Biden has given a concession speech. Listen to his words on next month’s vote in the Senate — not the House, where the bill doesn’t have a chance of passing. “That doesn’t mean this is the end of the process. [...] READ MORE Leno, Out. Lauer, Maybe Out. Will Anyone Who Reads Even Notice? The mainstream media are slowly fading into irrelevance. The World Wide Web gets people under age 35 — the prime audience of prime-time TV. Advertisers quit paying. Movies are on cable. Old TV shows are on Hulu and Hulu-Plus. Oldsters prefer older shows. Youngsters prefer video games, YouTube, and texting. The investment that the Establishment [...] READ MORE Keynesians Are in Panic Mode: Another Desperation Move The latest country to invoke panic spending is South Korea. Its economy is faltering. What is needed? A bigger deficit, of course. Then what? More central bank inflation. The central bank is expected to cut interest rates on short-term government bonds next month. All over the world, East and West, the politicians are desperate. So [...] READ MORE Young Democratic Socialists: Hopeless Beyond Belief “A spectre is haunting Europe — the spectre of communism.” — Karl Marx and Frederick Engels, Manifesto of the Communist Party (1848), opening sentence I bring good news. Marxism is really, truly dead. I figured that out in late 1991. The drunken stupor of the would-be counter-coup, anti-Yeltsin Communists in mid-August was the sign of [...] READ MORE “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