TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Wednesday, May 1, 2013

PR Bombshell in Boston: Bombers’ Family Received $100,000 in Government Welfare I call it “blowing off the hand that feeds you.” The family of the accused bombers has received $100,000 in handouts from various government agencies. There are 47 million Americans on food stamps. This family was one of them. I wonder if they still are. (Note: they are not stamps any more. They are plastic [...] READ MORE Same Woman Interviewed on TV, New Identities: Boston (Twice), Sandy Hook This lady gets around. READ MORE Dronebusters: Turning Spy Drones into Barney Fife An Oregon company says that it has developed a new technology which will prevent drones from “completing their mission.” It will not say how this technology does this. It does not say what it will cost. But it claims that commercial units will be affordable for private homes. The company has applied for a patent. [...] READ MORE Lying Swiss Bankers Have Trapped American Clients: “Sell Your Gold. Now.” My site, www.GaryNorth.com, has two dozen forums. This was posted yesterday on one of them. “Approximately five weeks ago, I was notified by my bank in Geneva that they would no longer be providing private banking services to clients in the United States and Canada. After looking at the options for the liquidation of a [...] READ MORE U.S. Government Forbids Ammo-Making Equipment from China. I received this note yesterday. I just spoke to a good entrepreneurial friend. When he read about the ammo shortage he saw a business opportunity. He began researching what is involved in opening and operating ammo manufacturing. He found out that since he is not a felon he just needs a $30 license from the [...] READ MORE The Anti-War WW II Veteran Who Laid the Foundations of American Conservatism Robert Nisbet was a sociologist. Beginning in 1953, he established his intellectual leadership in the American conservative movement. Yet he was opposed to modern warfare, with its messianic claims and gigantic budgets. While conservative Republicans usually favor Pentagon spending, this is because they do not understand how military spending expands the state and reduces our [...] READ MORE Food Stamps for Illegal Mexican Immigrants The United States Department of Agriculture recognizes that illegal immigrants from Mexico have a hard time putting food on the table. So, it cooperates with Mexicans in the USA to promote food stamps. Judicial Watch has reported for years on the USDA’s policy of free food for illegal aliens. It has now pried loose documentation [...] READ MORE Good News: Obama Spends More Time Golfing than Attending Economics Meetings. President Obama prefers golfing and vacationing to spending time in economics meetings. I regard this as good news for the nation. If the President wants to get his golf score down and his bowling score up, I say more power to him. If we could get Congress out on the links instead of in hearings [...] READ MORE Sales Declined in March If the economy is growing, why are sales down? Consumers are cutting back or barely staying even. But corporate profits (earnings) are high. How is this possible? Cost-cutting. How? They are not hiring. Cost-cutting is a good thing, as long as you are not the source of the savings. With unemployment over 11 million, cost-cutting [...] READ MORE Mises University Seminar, 2013: Judge Napolitano Will Teach Constitutional Law. You cannot pay to get into this five-session seminar, but about 150 college undergraduates will get into it for free. Mises University is the premier training course on the free market for college undergraduates. It held every summer at the Ludwig von Mises Institute in Auburn, Alabama. Any student who is accepted gets a full [...] READ MORE