Government Is Buying Up Ammo, So the Public Can’t — Senator Imhofe

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Thursday, May 9, 2013

“Butt Out,” 60% of 18 to 34-Year Olds Tell Federal Government Despite a horrendous unemployment rate of 45% for this aghe group — almost as bad as Spain’s and Greece’s — about 60% of America’s young adults believe that the government should get out of their lives. Even more amazing, half believe that the government is not helping the economy. Two-thirds favorable to entrepreneurship. These opinions [...] READ MORE Gun Violence in the USA Has Declined for 20 Years Gun violence has been falling in the United States for two decades. Between 1993 and 2010, the gun homicide rate fell by 49%. The public does not perceive this, thanks to media attention to specific cases of gun violence. Rates for all categories of violence have fallen. This includes gun violence. The same study revealed [...] READ MORE The Internet Sales Tax: Taxation Without Representation Supporters of this tax argue that this tax is not a new tax. Not only is it a new tax, it is a grotesque tax: a violation of the principle, “no taxation without representation.” Republicans in the Senate voted for this tax, all in the name of a fantasy: “It really is not a new [...] READ MORE Democrats Hail the Defeat of a Democrat as a Victory, Sort Of Mark Sanford, who became famous for hiking the Appalachian Trail in 2009, was elected to the House of Representatives yesterday. He defeated the sister of political comic Stephen Colbert by a vote of 54% to 46%. The election was not close. I normally pay little attention to political races, but this one revealed the extent [...] READ MORE The New World Order in Europe Is Inevitable, Says #1 NWO Spokesman The head of the European Union, whose name hardly anyone knows, says that the full union of 27 nations is inevitable. This will include monetary union, he says. Problem: the Eurozone’s monetary union has only 17 members, and is going to break apart. The experiment is a disaster. How will the EU pull 10 more [...] READ MORE Consumers Hit the Brakes, Reduce Credit Card Borrowing American consumers in March decided to slow their rate of borrowing on their credit cards. This caught economists by surprise. In February, they borrowed $18.6 billion. That looked as though the recovery was taking hold. But in March, they hit the brakes: $7.97 billion. “Estimates of the 31 economists surveyed by Bloomberg ranged from gains [...] READ MORE Internet Sales Tax Passes the Senate, 69 to 27 Republicans in the U.S. Senate caved in. They voted to force businesses located in one state to serve as unpaid tax collectors for 45 other states. (Five states have no sales tax.) The RINO Party Line is that this is not a tax increase. It is a huge tax increase. Voters will pay it. Businesses [...] READ MORE Government Is Buying Up Ammo, So the Public Can’t — Senator Imhofe The procurement officer of the Department of Homeland Security says the DHS has the right to buy 750 million rounds of ammunition. This is three times what the Defense Department buys to train soldiers in the U.S. Army. What will be done with this ammo? Nothing, says Oklahoma Senator James Imhofe. It’s not being bought [...] READ MORE China’s Yuan Has Risen 1% So Far This Year The Chinese currency, which is rigged, has risen 1% against the dollar this year. If it were not rigged, it would have risen far more. The Chinese central bank inflates. The Federal Reserve inflates. The Bank of Japan inflates. The European Central Bank inflates, the Bank of England inflates, the Reserve Bank of Australia inflates. [...] READ MORE Leftist Washington Post: Income Down 85% The liberal media took another major hit. First quarter earnings at the Post were down 85% from last year. There is no economic recovery at the Washington Post. This is good news. The staggering dinosaurs of print media, owned by left-wing Democrats, are all caught in the digital tar pit. Newspapers’ influence is waning. Their [...] READ MORE