Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
A free daily subscription service from Ron Paul's original staff economist.
Maybe you recall that the big banks were forced by a settlement to pay $25 billion for their robo-signing schemes that violated contracts with specific homeowners. The banks paid the governments, not the victims. Do you think the money is now being used to help home owners? If you are that dense, you are dumb [...]
Continue reading →I am speaking of the The Knik Arm Crossing Project. Guess where it is located. I’ll give some clues. KABATA’s goal is to construct a cost-affordable, vehicular toll bridge of about 2.7 miles across Knik Arm. Because there are no roads in the area served by the bridge, the project involves the construction of 19 [...]
Continue reading →The U.S. Army has issued a manual to its military police. It is aimed at operations in the Middle East, Afghanistan, and other areas where Muslims resist occupation by U.S. forces. The interesting fact is that these techniques are universal. They can be applied anywhere. Examples: 8-1. Issues of apprehension, incarceration, recidivism, and programs to [...]
Continue reading →A police officer kicked a clearly pregnant woman in the abdomen. The woman filed a complaint. The police department says the offider was in the right. Here is a case of a bureaucratic reaction that is universal. But, if the days of the Internet, this reaction can backfire. No charges have been filed against the [...]
Continue reading →It may seem incredible, but the U.S. government has spent $120 million over the last five years to pay dead federal employees. Yet the government insists it is running a fiscally tight ship. Congress cannot seem to find ways to cut spending. In one case, a man died in 1971. His son collected his paychecks [...]
Continue reading →Americans pay 18.5 cents extra per gallon at the pump. This money goes to the U.S. government. Then the money is looted by a handful of cities that subsidize public transit for low-income people who vote. That’s right: the money that is supposed to repair U.S. roads is used to subsidize people with no cars. [...]
Continue reading →How can cities and counties cut costs? Turn over tasks to volunteers. This is happening all over the USA today. This is what Alexis de Tocqueville said was basic to America in the 1830s. It’s coming back. It will be possible soon to run the public schools mostly with volunteers and online academies like Khan [...]
Continue reading →Impossible, right? Wrong. That’s how it works in Philadelphia. A woman who worked for two years for the city has resigned. She will receive $50,000 a year when she reaches retirement age. The city professes amazement that such a loophole exists. The city vows to close this loophole to future workers. How could this loophole [...]
Continue reading →The U.S. Senate has its own barbershop. It charges $20 a haircut. It cuts the hair of anyone who wants a haircut, but Senators get in line first. This costs the taxpayers $300,000 a year. When I was on Ron Paul’s staff, I used to get my haircut in the House barber shop. It cost [...]
Continue reading →The Defense Department now admits what it denied a year ago: the latest models Global Hawk drones don’t work. So, it’s another $3.5 billion down the drain — or up in smoke, whichever you prefer. It turns out that these high-tech wonder don’t work as well as the ancient U-2 spy planes do. The government [...]
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