Anti-ObamaCare: 54%

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Tuesday, May 28, 2013

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 Anti-ObamaCare: 54%. A CNN poll taken on May 17 revealed that 54% of Americans oppose ObamaCare. About 35% think it goes too far. About 15% say it’s not enough. These figures have changed little since 2010. Three-quarters of Democrats favor it. About 16% of Republicans do. About 30% of whites favor it. About 60% of non-whites favor [...] READ MORE Water Shortage in the West Lake Mead and Lake Powell, the two sources of Colorado River water for Los Angeles, Denver, Las Vegas, and Phoenix, will be down to 45% of capacity by year’s end. This is the lowest since 1968. At least 40 million people will be threatened. This will mandate water conservation. When you see the word “shortage,” [...] READ MORE Will an Export Tax Restore True Free Enterprise? Gary North’s Reality Check This is a recent discussion between the Export Tariff Guy and the Free Trade Guy. ETG: What this country needs is an export tariff. FTG: How would it work? ETG: Every exporter would pay a tariff on the retail price of everything it exports. FTG: So, it’s a sales tax on [...] READ MORE Oil and Natural Gas Prices Continue to Fall The decline of oil in response to falling manufacturing figures from China will continue to pressure the Consumer Price Index down. The price of natural gas has also fallen. This is good news for consumers. The CPI went negative 0.4% in April. The Median CPI, which is less volatile than the CPI, went up by [...] READ MORE The Swedish Welfare State Is on Fire. Stockholm’s rioting goes on, night after night. The police seem powerless to stop this. Immigrant youths are in the streets, burning cars that belong to immigrant adults. Certainly, wandering around Husby last week, it was hard at first glance to see quite what the problem was. Built in the 1970s as part of the “Million [...] READ MORE “75% Not Guilty”: Raw Milk Producer Still May Go to Jail A dairyman who sold milk to buyers by contractual agreement has been declared “not guilty.” The contracts were valid. The jury refused to convict him of having violated Wisconsin laws against selling raw milk. The jury said he was not breaking three state laws against selling without a license. The jury did convict him on [...] READ MORE Child Abuse in China Call Child Protective Services. 1-800-TARIFFS. READ MORE “I Plead the Fifth” IRS Lady Has Been Given a Paid Vacation. Oh, Woe! The IRS official who took the fifth this week to avoid talking about her leadership in the scandal has been put on administrative leave. Fully-paid, of course. Oh, the shame of it all! So, the lady gets a paid vacation. She oversaw the scandal, pleaded the fifth amendment, refused to answer questions, and then gets [...] READ MORE Showdown With the IRS at the Not-OK Corral It’s great. The terror-inducing IRS is in total defensive mode. It’s employees just can’t seem to remember anything. “I don’t know.” “I don’t remember.” “I’m not familiar with that detail.” “It’s not my precise area.” “I’m not familiar with that letter.” This is according to Peggy Noonan in a recent Wall Street Journal article. If [...] READ MORE