Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Last Thursday afternoon, the Senate was briefed in a closed hearing by the NSA, CIA, FBI, and assorted spying agencies. Only 47 of the 100 Senators showed up. They flew home instead. It was Father’s Day weekend. The Senate is not all that concerned. It puts up the money for these agencies. The CIA and [...]
Continue reading →On January 1, Capitol Hill will lose its 75% health insurance subsidy. The members and staffers will be thrown overboard into the shark-infested waters of Obamacare — the health care exchanges (which still do not exist). If they get out before January 1, they can save jobs in private industry that cover them. The exodus [...]
Continue reading →I bought a crash helmet in 1962, the year I bought a used Honda Dream 150. I drove in my parents’ car to Bell, California, and bought a Bell helmet at the factory. Honda and Bell helmets have done very well since 1962. I did not ride my motorcycle without wearing my helmet. It even [...]
Continue reading →The new head of the IRS is going through a Punch and Judy show with Congress. He has to look tough. He has to make it look like he is doing something to change the culture at the IRS. There is only one thing that can change the culture in any bureaucracy: cut its funding. [...]
Continue reading →Mark Sanford, who became famous for hiking the Appalachian Trail in 2009, was elected to the House of Representatives yesterday. He defeated the sister of political comic Stephen Colbert by a vote of 54% to 46%. The election was not close. I normally pay little attention to political races, but this one revealed the extent [...]
Continue reading →A Gallup poll asked Americans what their views were of Pelosi, Reid, Boehner, and McConnell. The public responded: unfavorable. But, in this quartet of leaders, Pelosi won out: by far the most unfavorable. She continues to plummet. More Americans (79%) knew who she was than the other three, and of those who had heard of [...]
Continue reading →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 [...]
Continue reading →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 [...]
Continue reading →The FHA is almost out of money, so the federal government is going to tax or borrow almost a billion dollars, so that the subsidies can continue. You wouldn’t want a free market in housing would you? You would not want supply and demand to set the price of homes, would you? Of course not. [...]
Continue reading →It has been all over for Feinstein’s gun grab for weeks. Her bill was dead on arrival, as I wrote two weeks ago. But now the Senate Democrats’ softer core version is DOA. There is a group of Republicans ready to imitate Rand Paul’s 13-hour marathon. They see the publicity he got, and they are [...]
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