The Swedish Welfare State Is on Fire

The TEA PARTY ECONOMIST Ron Paul's original staff economist, Dr. Gary North! Monday, May 27, 2013

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 McDonald’s Threat: Not Obesity. Backbone Softening. The CEO of McDonald’s recently defended the company’s mascot, Ronald McDonald. He said Ronald is not a bad guy. He is about fun. He is a clown. This is indicative of the utter gutlessness of corporate America. The CEO is new. I guess he is sensitive. That’s the kind of CEO companies don’t need. Some [...] READ MORE Riots in Sweden by We Know Who and Why Immigrants Immigrants are rioting in Sweden. Where are they from? Shhhh. They are “youths.” Can you be more specific? Shhhh. What are they rioting about? Shhhh. Does this have anything to do with religion? Shhhh. This is like flash mobs in urban America, where the rioters are described as “teenagers.” Yes, they surely are. Can you [...] READ MORE Mises: “Customers Are in Charge, not Corporations.” In his little 1944 masterpiece, Bureaucracy, Ludwig von Mises identified the supreme agent in the free market economy: the consumer. The capitalists, the enterprisers, and the farmers are instrumental in the conduct of economic affairs. They are at the helm and steer the ship. But they are not free to shape its course. They are [...] READ MORE