TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Friday, April 26, 2013

Internet Sales Tax Bill Will Pass in the Senate. It’s almost here: a new sales tax on Internet purchases. The Senate will vote in 11 days. The preliminary vote was 63 to 30. Then it will go to the House. If the House passes it, Obama will sign it into law. You and I will start paying sales taxes on orders from companies that [...] READ MORE Connecticut: “No Guns, No Gold” You probably know about the gun control bill that was voted into law this month. Gun manufacturers are threatening to move out of the state. The story is here. The state is now about to shut down all coin stores. A bill to require complete record-keeping on all sales, including photos of every coin sold, [...] READ MORE Duck Dynasty Shoots American Idol Out of the Sky. The A&E’s top show scored higher than the yuppie favorite. At A&E, they are happy, happy, happy. Like a flock of ducks lured to their doom by a Duck Commander duck call, American Idol was flying along, oblivious to what was happening on the ground. The Robertson men were in their blind, shotguns loaded. Uncle [...] READ MORE Food Stamp Nation: 20% of U.S. Households The economic recovery rolls on. The number of American households receiving food stamps has hit 23 million. This is 23 million out of 115 million households. That’s 20%. The government has a solution. Stop calling them food stamps. It has now issued cards that look just like credit cards. Also, it has changed the name [...] READ MORE How to Reduce Political Conflict in the State of Israel An Associated Press story describes a political war in the State of Israel. A new political party is now in second place. This is in a nation in which no political party has ever gained a majority vote. It is a nation of coalition politics. The new party is opposed to what is called ultra-Orthodox [...] READ MORE Whango: Martian Land Rover Creates Symbolic Image of NASA’s Main Mission. What does this look like to you? Yes, it does, doesn’t it? This is why the image has received media attention. How is it that the two rovers, which cost about $800 million to build, have found nothing of value in 18 months, and whose only media-worth performance has been the creation of this image? [...] READ MORE Public Views All Four Congressional Leaders Unfavorably, But Pelosi Is Despised Most. A Gallup poll asked Americans what their views were of Pelosi, Reid, Boehner, and McConnell. The public responded: unfavorable. But, in this quartet of leaders, Pelosi won out: by far the most unfavorable. She continues to plummet. More Americans (79%) knew who she was than the other three, and of those who had heard of [...] READ MORE Tax Money: One Man Shot a Million Photos of President George W. Bush. The staff photographer for President Bush took a million photos. The President kept all of them. This week, the GWB Presidential library opens in Dallas. If someone wants to view a million photos of Bush, he can. I don’t know who goes to a Presidential library. There are 13 of these libraries. Bush’s cost $250 [...] READ MORE Scared Americans Close Their Wallets on Durable Goods. Orders for durable goods that are expected to last three years or longer fell 5.7% on March. This was a substantial decline. For the year, durable goods orders are unchanged from a year ago. Durable goods purchases indicate the willingness of Americans to buy goods that are not the normal day-by-day goods, which tend to [...] READ MORE Wanted: An Online High School Chemistry Course. Pay: A Permanent Passive Income Stream. If you have ever taught high school chemistry, here is an “annuity.” If you are an untenured college chemistry professor, but you can teach high school students, here is emergency income, just in case your contract is not renewed. If you are in the chemical industry, and you have thought about getting into teaching part-time, [...] READ MORE