A Man Who Shot a Killer Dog Is Fined $1,000. Unregistered Gun

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Thursday, May 30, 2013

A Man Who Shot a Killer Dog Is Fined $1,000. Unregistered Gun. In Washington, D.C., three pit bulls attacked an 11-year-old boy. A neighbor went into his home, got a 9mm pistol, and shot one of the dogs. The police heard the shots and came to investigate. They shot the other two dogs. Then they arrested the private shooter. It seems that he had not registered his [...] READ MORE The Rich Pay Most of the Taxes, Get Half the Tax Breaks. Democrats Are Outraged at Tax Breaks. The liberal Washington Post ran this headline: Richest 20 percent get half the overall savings from U.S. tax breaks, CBO says. The CBO is the Congressional Budget Office. The story began: “The 10 largest breaks in the U.S. tax code will save taxpayers more than $900 billion this year, with a little more than half [...] READ MORE Busting the College Monopoly: Latest Phase The monopoly is tottering. Ten more universities have joined Coursera, the site that posts free college courses. This project began less than 36 months ago as a part-time venture. The ten universities are tax-funded. This means that the wave of participants is about to grow like a tsunami. Any state university that refuses to participate [...] READ MORE Warren Buffett Says “Bonds Are Bad Investments.” This Upsets Bond Promoters. Bonds pay little interest, thanks to (1) the Federal Reserve’s QE3 program (2) the banker’s unwillingness to lend and the borrowers’ unwillingness to borrow. Future price inflation will raise rates. Rising rates will lower the market price of bonds. Buffett sees what is coming. He prefers stocks. One plain vanilla promoter of bonds is upset. [...] READ MORE JFK on Fascism: It Was OK for Germany and Italy, He Thought. Like a lot of American liberals in the 1930s, John F. Kennedy thought that fascism worked just fine. This fact has recently received brief attention in the British Leftist newspaper, The Independent. There has been a blackout on the story in the mainstream media. The memory hole is still deep, although the Internet is keeping [...] READ MORE Endless Silly Rumors About the FED’s Exit Plan I read this in an article about the decline in the U.S. dollar-denominated value of the Australian dollar. “That decision plus growing talk that the U.S. Federal Reserve is close to a decision to start unwinding economic stimulus, has seen the Australian dollar fall by more than 6% since the start of May.” Bernanke’s FED [...] READ MORE Letter to Fox News Employees from the Boss: “The McCarthy Era.” Roger Aisles heads Fox News. Here is an extract from his letter. “The recent news about the FBI’s seizure of the phone and email records of Fox News employees, including James Rosen, calls into question whether the federal government is meeting its constitutional obligation to preserve and protect a free press in the United States. [...] READ MORE Wage-Earning Moms: 40% of Families With Kids Under 18 The Pew Research center has released a report of working moms. About 40% of American families with kids under 18 have working moms who are either single moms (63%) or wives who earn more than their husbands do (37%). In 1960, this was 11%, not 40%. Wives increasingly have more college education than their husbands. [...] READ MORE How Mises and Rothbard Used Academia to Undermine It If you are interested in the history of ideas, at some point this question will occur to you: “How is it possible for someone to gain influence, yet at the same time retain his independence?” If you traffic in ideas, you have to be able to do both. A crackpot can go online today and [...] READ MORE Digital Currency Firms’ Sites Have Been Shut Down. Around the world, half a dozen cybercurrency sites were shut down last week. The URL addresses of the sites have been changed. All attempts to get into them by investors have been blocked. The site addresses have been re-routed. The new site address owner is refusing to say what is going on. It is obvious [...] READ MORE