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TEA PARTY ECONOMIST

The TEA PARTY ECONOMIST

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


Monday, December 24, 2012
Christianity in the Middle East: Persecution Escalates
America’s wars in the Middle East have resulted in the widespread persecution of Christians in the region. When George W. Bush called America’s response to September 11 a crusade, this revived memories of medieval invasions. Islamic nations are the main persecutors, but some regions in India have also joined in. This strategy has limits in this... READ MORE


No Housing Recovery in 2013, Says Roubini
He wastes no time getting to the point. I think he is correct. There will be bargains. I will buy a few. ... READ MORE


In Defense of the Second Amendment
Gary North’s Remnant Review I want to go over in considerable detail the fundamental issues of the Second Amendment to the United States Constitution: the right to keep and bear arms. There is a great deal of emotional commitment in the United States to one of two extreme positions: (1) the right of every non-felon... READ MORE


Will You Be This Dependent on Social Security Welfare Payments?
Here is a fearful set of statistics. “. . . 65% of all beneficiaries rely on Social Security to provide 50% or more of their incomes, while 36% rely on benefits for 90% or more of their incomes. For non-married beneficiaries, including widows, the reliance is higher with 74% relying on benefits for 50% or... READ MORE


Why the Gun Control Movement Is Doomed
Gary North’s Reality Check (Dec. 21, 2012) I have watched the gun control movement become a major voice against gun ownership over the last 40 years. What has most impressed me is this: this movement has been unsuccessful in disarming Americans. The demand for guns keeps rising. I have known the leaders of the gun... READ MORE


Texas Congressman on Guns: “Arm Public School Teachers”
I don’t believe in federal gun control laws, pro or con. It’s none of the federal government’s business. The Second Amendment is just fine. We don’t need more gun laws. We need the repeal of gun laws. But one Congressman-elect thinks what we need is armed teachers. You know. Like El Al Airline’s pilots. The... READ MORE


Walmart Sells Out Its Stock of .223 “Assault” Rifles
In five states, Walmart has sold out its entire stock of .223 semi-automatic “assault” rifles. (I have never heard of a “defense” rifle.) I find this utterly shocking. What’s wrong with shoppers in the other 45 states?... READ MORE


Boehner Eats Another Mud Sandwich
It was great to see. House Speaker John Boehner had to eat another mud sandwich yesterday. The man who sold out the Republican Party four years ago by leading the charge to vote for TARP has suffered a major personal defeat. The anti-tax conservatives revolted. They would not vote for his “tax the super-rich” bill. ... READ MORE

Personal Liberty Digest

Personal Liberty Digest: Live Free in an Unfree World

Latest From Bob Livingston December 24, 2012
Putting A Cap On 2012 Putting A Cap On 2012 »
I think we can all agree that 2012 was an interesting year. As it was a Presidential election year, headlines were dominated by election news. But election politics was only part of what made 2012 interesting. More »


On Your Own

Prepping For Cold-Weather Holiday Trips Prepping For Cold-Weather Holiday Trips »
If you are traveling to a relative’s house this holiday season, be sure to have a car kit ready and safely tucked away under a seat just in case you end up in bad weather and need extra items to stay safe and warm.  More »

Personal Liberty News

NIH Spends $500 Million Because It Wasn’t Diverse Enough NIH Spends $500 Million Because It Wasn’t Diverse Enough »
The National Institutes of Health produced a study proclaiming disparity between the number of black researchers who were awarded NIH grants and the number of white and Hispanic applicants who won them. Government responded, allocating $500 million to help more black researchers get NIH grants. More »




Americans Hanging Onto Their Jobs Longer Americans Hanging Onto Their Jobs Longer »
Many Americans who would likely prefer to abandon their jobs in search of something better are increasingly grateful to simply be employed and are hanging onto their jobs longer due to a shaky economic outlook. More »

Boy, 12, Starts Video Game Dumping Effort Boy, 12, Starts Video Game Dumping Effort »
A 12-year-old Newtown, Conn., boy is asking other game players to dump their violent video games in the wake of the elementary school shooting in his town. More »

Coping With Cancer During The Holidays Coping With Cancer During The Holidays »
The holidays can be a difficult time of year for a cancer patient or if a loved one is facing cancer, but U.S. cancer experts say there are ways to cope. More »


Questions For Bob

Beware Taking On Debt

Dear Bob,

I am at a financial CROSSROAD and am going "nuts" trying to figure out what the best way to go may be.

I have a second mortgage on my home of approx. $44,000 and (at the same time) I have a total of about $43,000 (spread across 3 different investments: Merrill Edge, Charles Schwab, and an IRA at Chase Morgan). Do I cash everything in and pay the second mortgage, ...... or just leave everything where it is?

Another idea I had was to purchase any type of 2-bdrm sound structure with a little bit of land (no matter how little)... "down South"... maybe in North Carolina or Tennessee. The prices down there seem to be EXTREMELY low these days. Why? In case the country SPLITS, I see the South becoming its own country... again! And... it looks like most of the conservatives may just be in the South. I don't like the heat down there, but I definitely do not want to end being surrounded by communist liberals....no matter how mild the weather may be.

I REALLY hope I won't get "....sorry, but I cannot give you financial advise"... back. I'm just an old woman, by myself trying desperately to get somewhat ready for the upcoming disaster (financial, social, and every other way one can think of). One would have to be blind not to see (and feel) that something terrible is coming.

I TRULY hope you can give me some direction on this. The above is ALL I have in the world and don't want to do the wrong thing, especially "now".

Cordially

Mrs. S. Winberry More »


Clash Daily


Doug Giles Guest-Hosts on The Jason Mattera Show. WABC in New York City
Doug Giles Guest-Hosts on The Jason Mattera Show. WABC in New York City Guests: John Renken “The Fighting Preacher” and Melissa Henson of Parents Television Council Topics: Mass Murderers, Threat Assessment, Violent Video Games and Liberal hypocrisy regarding the NRA’s request for ... READ MORE
Gun-ban Chicago: Nearly 15,000 murders since 1990Gun-ban Chicago: Nearly 15,000 murders since 1990 Oct. 28, 2012, the city of Chicago surpassed the previous year’s number of murders (433), when a man, identified as 68-year-old Bariffe Fitz, was found shot to death in a home on the city’s South Side. A few hours ... READ MORE



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December 24, 2012

Battle Lines Drawn Over Stricter Gun Laws

Congressional battle lines hardened Sunday over firearms restrictions, laying the foundation for what will likely be a fight over any proposed new gun laws. Speaking Sunday on NBC’s “Meet the Press,” Sen. Lindsey Graham (R., S.C.) said he owned an … Continue reading
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News You May Have Missed

Pagan Holy Day Madness: Man set trap and then shot and killed firefighters responding to Webster, N.Y. fire

Residence near shooting and fire in Webster evacuated. (Max Schulte/Rochester Democrat&Chronicle via Twitter)


A man with a criminal history shot and killed two West Webster, N.Y. firefighters and seriously injured two others as they responded to a fire at his home., police say.

William H. Spengler, Jr., 62, apparently started a 5:35 a.m. fire at his home on Lake Road  and then waited with an armament of weapons for first responders to arrive, Webster N.Y. Police Chief Gerald Pickering said at an afternoon news conference.

“He was shooting from high ground or a berm," Pickering said. "He was barricaded with weapons to shoot first responders."

After a brief exchange of gunfire with police, Spengler then shot and killed himself at the scene, Pickering said.

Spengler was convicted in 1981 in the death of his 92-year-old grandmother a year earlier. He served time in prison and was released in 1998, Pickering said.

Spengler beat Rose Spengler to death with a hammer 1980, the Rochester Democrat and Chronicle reported. Rose Spengler had lived in the home next to William Spengler on Lake Road at the time of her death.

Local police had not noted any criminal activity in his recent past, Pickering said.

Pickering said they are looking into the apparent disappearance of Spengler's sister who is unaccounted for at this time.

Police and fire officials are continuing to gather evidence and will inspect the seven homes that were destroyed in the fire that spread to nearby houses in the small lakeside town located 10 miles east of Rochester.

The victims in the shooting are Mike Chiapperini, also a lieutenant and public information officer with the local police department, and Tomasz Kaczowka, Pickering said.

"These people get up in the middle of the night to fight fires. They don't expect to be shot and killed," a tearful Pickering said at the press conference.

Chiapperini was described by Pickering as a lifelong firefighter who started with the department's explorer program and had about 20 years of experience. Kaczowka was a younger firefighter who was on the force for about two years and was also a 911 dispatcher, he said.

West Webster firefighters Joseph Hofsetter and Theodore Scardino were seriously injured and are at Strong Memorial Hospital with gunshot wounds, a hospital spokeswoman said.  Scardino  has  injuries to his chest and lungs. Hofsetter was injured in the pelvis, the spokeswoman said at a media briefing. Both are in guarded condition, she said.

An off-duty police officer from nearby Greece, N.Y., John Ritter was also injured by shrapnel during the shooting, Pickering said.

Pickering said that one of the firefighters who survived made his way across a bridge to safety. The other three did not make it across, Pickering said. Police arrived and rescued the other three firefighters, but two were fatally shot, Pickering said.

The morning scene was described as chaotic as police and firefighters dealt with an immense blaze as well as gunshots,  local news station WHAM-TV  reports.

“I’m not aware of anything like this happening in Webster, obviously not a firefighter being fired upon,” Webster Fire Marshal Rob Boutillier told the Democrat and Chronicle.  Pickering described Webster as resort lakeside community that is quiet and usually peaceful.

WHAM reported that an outpouring of support has come through the Webster community. Black flags reportedly have been draped at some homes and offices to honor those killed and injured.

N.Y. Gov. Andrew Cuomo tweeted of the incident: We as the community of #NY mourn their loss as now 2 more families must spend the holidays without their loved ones #Webster

Video

Watchman Video Broadcast 12-23-2012 - Weapons, Part 1

I, Me, My: Obama At His Narcissistic Best, The same egotistical traits Lucifer had!