Tea Party Economist
Apr
Why Conservatives Accept High Taxes, the Federal Reserve System, and Fiat Money
Gary North’s Reality Check Recently, I wrote an article in which I argued that there are three political foundations of modern warfare: high graduated tax rates, a central bank, and the abolition of the gold coin standard. I called it “The Triumvirate of Modern Warfare.” From the day that Ron Paul was sworn in as [...]
Apr
“This Is a Drill,” Said Police Before Boston Marathon.
A runner in the Boston marathon reports that he saw police using explosives-sniffing dogs before the marathon began. There were police spotters on nearby buildings. He said that there was an announcement that this was just a drill. Some drill! He said he has never seen a drill like this in other marathons he has [...]
Apr
Pelosi on Gun Control: “We’re Not Taking No for an Answer.”
Nancy Pelosi, the House Minority Leader, said yesterday that the Congress is going to pass a gun control bill, no matter what the NRA says. She did not say when. “We are not taking no for an answer,” she explained. Gun control is “inevitable,” she said. “It’s a matter of time,” she insisted. But what [...]
Apr
A Wal-Mart Greeter With Something Extra: “Bam!”
If you want to stand out from the crowd, you have to offer something special. You have to offer something extra that makes you unique. You have to have a USP: a unique selling proposition. That means that you have to offer a unique service proposition. This man understands the importance of having a USP. [...]
Apr
Silver Down 52%. Gold Down 27%.
If you bought silver to protect yourself against the inflation that is not happening, you have taken a major loss. Silver at its peak in 2011 was at $48.70. Today, it is at $23.30. Gold at its peak in 2011 was $1,895. Today, it is at $1,387. That is down 27%. Silver bulls never warn [...]
Apr
Prices Are Falling (CPI) or Rising Slightly (Median CPI)
This press release confirms the falling price of gold, silver, and copper: inflation is not a threat at this time. This was released on April 17. According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.1% (1.1% annualized rate) in March. . . . Earlier today, the BLS reported that [...]
Apr
Obama, McCain Shot Down on Gun Control
Obama vented his wrath at the Senate yesterday. He said his gun control measure went down in flames because of — you will not believe this — “politics.” Yes, my friends, politics is alive and well inside the Washington Beltway. Will wonders never cease? Obama had pulled out all the stops. He had assembled Newtown [...]
Apr
The Government Steals Raisins
Why does the federal government steal one-third to one-half of the raisin crop every year? Why aren’t the farmers paid for the stolen crop? Why does the government then sell the stolen raisins to foreigners at below-market prices? Why has this been going on ever since 1948? Why haven’t you heard it through the grapevine? [...]
Apr
Encryption and Privacy: Goodbye Copyright Laws
Kim Dotcom really is his name these days. He had it legally changed. The federal government shut down his enormously profitable file-sharing business in 2011. It won’t shut down his latest version of file-sharing. His new company, Mega, offers 100% encryption. His company can’t crack it. The U.S. government can’t crack it — not at [...]
Apr
House Republicans Jump on Board Obamacare.
Obamacare is forever. The constituencies are lining up to get the free goodies, and Republicans are switching sides. There is a GOP bill to make sure more Americans get access to the program. This was inevitable. Once a social welfare program is set up, it creates vocal constituencies. No matter how loudly the opposition party [...]

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