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TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST

Ron Paul's original staff economist, Dr. Gary North!


Friday, May 3, 2013
ObamaCare: Unenforceable, Unmanageable
My GaryNorth.com site has forums. Yesterday, one of the site members posted this. You will appreciate it. Our company is currently undergoing its annual health coverage renewal and massive increase (about 25% to the company and higher co-pay’s all around) fire drill. The insurance guy shared some complete horror stories with our HR guy. It [...] READ MORE

A Classic Book on the Totalitarian State
Is civil government the only true government? Does it alone possess legitimate sovereignty? Defenders of the modern state insist that this is the case, and that it should be the case. Robert Nisbet, as a sociologist, looked to social organizations as the source of political tradition. He explained the rise of the modern state in [...] READ MORE

44% of Republicans Think Armed Revolution May Be Necessary
A recent poll by Farleigh Dickenson University reveals that 44% of Republicans think that an armed revolution may be necessary someday soon to defend American liberties. This indicates two things: (1) loss of faith in Constitutional politics; (2) an inability to count the costs. If you take this position, you have adopted the view of [...] READ MORE

Keynesian Europe Will Not Muddle Through, Says German Economist
Europe is the poster child of Keynesianism. The southern countries ran huge government deficits for a decade. There was a boom. But that boom has ended. Mediterranean nations are in depressions. These depressions are getting worse. Hans-Werner Sinn is a German economist. He is known as one of the most pessimistic economists in Europe. But, [...] READ MORE

Vindictive Liberals: The 1963 Edition of Human Action
This is the fiftieth anniversary of one of the most scurrilous incidents in academic publishing. The victim was Ludwig von Mises. The perpetrator was Yale University Press. Yale University Press published the 1949 edition of Human Action. Sales were much higher than the editor had expected. It was a 900-page treatise on economics, written by [...] READ MORE

Subsidies from Abroad: Foreign Central Banks Hold 52% of Treasury Debt
Latest reports indicate that foreigners hold 52% of marketable U.S. Treasury debt. Most of this is held by foreign central banks. Treasuries pay almost no interest. But foreign central banks have plenty of money. They create it out of nothing. Then they buy U.S. Treasury debt. Because of this, the U.S. dollar is the world’s [...] READ MORE

Dead Battery: Obama’s 2011 One Million Electric Car Goal
In his State of the Union Address in 2011, President Obama called on Congress to fork over more money for electric car subsidies. “With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have a million electric vehicles on the road by 2015.” The total [...] READ MORE

Jay Leno’s Gitmo Solution
Jay Leno has an idea. President Obama, now in his fifth year as President, thinks that someone should close Gitmo. It would have happened in 2009, except that something or other has kept this from happening. Leno has a solution: “President Obama held a press conference earlier today, and he said he still wants to [...] READ MORE

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 over the years. 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. [...] READ MORE

Same Woman Interviewed on TV, New Identities: Boston (Twice), Sandy Hook
This lady gets around. READ MORE

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Obama's 2nd term? Here's what most people think

By this time in the Reagan administration, which began with a severe economic crisis, the economy was booming and optimism was rampant. At this point in the Clinton administration, the economy was strong and Americans were pleased.
By this time in Barack Obama's second term ... well, that's a different story.
His I-killed-Osama-bin-Laden bounce is clearly over!
Read the latest now on WND.com

Plus!

All the Second Amendment news isn't bad news.
Here's a victory against local gun restrictions that violate the U.S. Constitution ... in Illinois, no less!
Click here for details

Film festival wants the truth ... unless it's from conservatives!

The Tri-Beca Film Festival denied entrance to a registered filmmaker because his controversial ...
Click here for details














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May 3, 2013

Obama Vows To Keep Pushing Gun Control: “This Is Just The First Round”

And if Congress won’t pass it he will go the dictator route and start issuing executive orders. President Barack Obama vowed Thursday during a trip to Mexico to continue pushing for new, tighter gun control rules in the United States, … Continue reading
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Latest From Chip Wood May 3, 2013
Welfare For Terrorists And Other Outrages Welfare For Terrorists And Other Outrages »
Well, well, well. It seems the accused Boston bombers managed to swallow their disdain for all things American long enough to enjoy years of taxpayer-funded welfare benefits. Tamerlan and Dzhokhar Tsarnaev and their relatives collected more than $100,000 in benefits since their arrival in this country. More »


Freedom Watch

Florida Sets Up Hotline To Report Government Haters; What Could Possibly Go Wrong? Florida Sets Up Hotline To Report Government Haters; What Could Possibly Go Wrong? »
There is no end to the lunacy that can come from a government functionary when he has newfound money and a desire to keep the folks "safe." Take Palm Beach Sheriff Ric Bradshaw who now has $1 million burning a hole in pocket, thanks to the Florida Legislature. More »

Voices

If Saudi Diplomats Are Enslaving Their Hired Help On U.S. Soil, Will The White House Answer? If Saudi Diplomats Are Enslaving Their Hired Help On U.S. Soil, Will The White House Answer? »
Virginia police and U.S. Customs may have exposed a tiny bastion of the Saudi culture of segregation, servitude and control over women and those of meager economic means — right in the posh bedroom community where the Nation's power players and foreign diplomats live. More »



Personal Liberty News
Harry Reid: Tea Party Is Made Up Of Anarchists Harry Reid: Tea Party Is Made Up Of Anarchists »
Last week, Senate Majority Leader Harry Reid blamed Tea Party candidates for Congressional dysfunction and claimed that supporters of the small-government movement are advocates for anarchy. More »



Guerilla Diplomacy: North Korea Sentences American Citizen To 15 Years' Hard Labor To Lure U.S. Into Talks, Tribute Guerilla Diplomacy: North Korea Sentences American Citizen To 15 Years' Hard Labor To Lure U.S. Into Talks, Tribute »
An American citizen who went to North Korea late last year as a tour guide has been arrested and charged by the North Korean Supreme Court on a vague charge of attempting to overthrow the government. Kenneth Bae was traveling with a group of tourists at the time of his arrest. More »

Study: Today's Youth Are Lazy And Overly Entitled Study: Today's Youth Are Lazy And Overly Entitled »
A study published by Personality and Social Psychology Bulletin indicates that recent high school graduates place a higher value on material wealth but are less willing to work hard than previous generations.  More »


Power Of The State

Federal Government Declares War On States Promoting Gun Rights

Attorney General Eric Holder sent a letter to Kansas Governor Sam Brownback attacking legislation recently passed in the State that nullifies unConstitutional Federal gun laws.

Kansas is the first State to be called out by the Federal government for its attempt to nullify gun laws deemed unConstitutional within its borders; a number of other gun-friendly States have taken similar legislative action.  More »


NYPD: "You Have No Right To Film!"

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DHS Whistleblower Censored from 60 minutes #N3