JFK on Fascism: It Was OK for Germany and Italy, He Thought

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Wednesday, May 29, 2013

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 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