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The Relentless Market for “Saturday Night Specials”

Written by Gary North on July 26, 2013

The phrase “Saturday night special” used to be applied to cheap handguns available to gangs. These days, the gangs have Uzis. But I am sure that low-budget criminals still buy Saturday night specials. About 30 years ago, I applied the phrase to describe the microcomputer. I said that this would shift power away from the […]

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Snowden Remains in Purgatory: The Moscow Airport.

Written by Gary North on July 25, 2013

There is diplomatic hell: extradition to the USA. There is diplomatic heaven: Venezuela. Then there is diplomatic purgatory: the Moscow airport. That is where Edward Snowden is said to live. Nobody has seen where he lives. We are never told that. Reporters do not raise the question any longer. They haven’t for three weeks. He […]

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News Sources Clam Up

Written by Gary North on June 20, 2013

The key to most solved crimes is the snitch. They don’t tell you this on NCIS or Law and Order, but it is true. It has always been true. The snitch is also the key to investigative reporting. The snitch knows what happened. He tells a reporter where to start looking for the needle in […]

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America’s Government-Licensed Journalism Is Dying.

Written by Gary North on June 18, 2013

In 1945, economist F. A. Hayek wrote what turned out to be a classic paper on how decentralized knowledge is made available to the public by means of the free market. He argued that most knowledge is decentralized, and the free market allows people who own such knowledge to reap profits from this ownership. There […]

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De-Postal Monopoly: Feinstein’s Sweetheart’s Deal

Written by Gary North on June 3, 2013

Fact #1: Senator Diane Feinstein is married to the CEO of the largest commercial real estate services firm in the U.S. Fact #2: The U.S. Postal Service is going bust, because it can no longer compete. It has a monopoly, but it’s market is shrinking. Fact #3: The U.S.P.S. is selling off 41 post offices […]

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Digital Currency Firms’ Sites Have Been Shut Down.

Written by Gary North on May 28, 2013

Around the world, half a dozen cybercurrency sites were shut down last week. The URL addresses of the sites have been changed. All attempts to get into them by investors have been blocked. The site addresses have been re-routed. The new site address owner is refusing to say what is going on. It is obvious […]

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