Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Salman Khan of the Khan Academy has lots of videos on business and economics. Here is a great one. He takes us through the problem of unfunded liabilities. These are growing so fast in Illinois that they cannot be funded much longer. In 2018, more Illinois taxpayers’ money will go to retired teachers than to [...]
Continue reading →Now that Powerball is at $500 million, there is a frenzy to buy tickets. There was not when it was $250 million. Question: What could anyone do with $500 million before taxes that he could not do with $250 million before taxes? The person with so little knowledge of statistics that he buys a lottery [...]
Continue reading →It’s official. The Postmaster General has sent an S.O.S. to Congress. “Mayday! Mayday! We’re sinking!” In this video, he says wages will be paid. Can you imagine the head of a $65 billion a year company producing a video that says to workers, saying this? “You will be paid. Trust me.” But the USPS has [...]
Continue reading →This was posted on one of my GaryNorth.com forums on Friday. The Long Island Power Authority is toast. 200,000 customers on Long Island still don’t have power after Hurricane Sandy, and won’t have power for another two weeks. But this story is not getting a lot of press from MSM, at least not yet. It [...]
Continue reading →The fiscal cliff is real. If Congress gets into gridlock, automatic spending cuts will begin. Whole segments of the economy will be affected. The private sector will get larger. The state sector will not gr0w as fast. It will not shrink, but it will not grow as fast. This is a good thing. This is [...]
Continue reading →The Big Government Brigade is concerned that gridlock will prevent the expansion of the federal government. Nothing will prevent its expansion except a financial default. The default more for Washington is growth. We need the other kind of default to reverse default mode. So, the cry of the hour is “surrender.” When you see “dysfunctional,” [...]
Continue reading →We have a [phrase in the United States: “Indian giver.” An Indian giver is someone who gives you something, and then takes it back. It turns out that the biggest Indian giver of all is the United States government. It gave tribes assets, and then it mismanaged the assets or actually looted them. It is [...]
Continue reading →The state of Texas has decided to save some money: de-fund Planned Parenthood. The legislature and government had decided to do this, but there was a lawsuit. The Court of Appeals has denied Planned Parenthood’s request for a hearing. A similar law in Indiana has also been upheld. The United States Court of Appeals for [...]
Continue reading →What would lead a police officer to do this? We are taught that “all guns are loaded,” and therefore we are never to point a gun at anyone, then the same should apply to Tasers. This should have been dealt with by the local police department: restitution for the boy paid for by the cop. [...]
Continue reading →I have a subscription website, Gary North’s Specific Answers. Members post questions and opinions. The subscription fee keeps out crazies and flamers. There are some amazing posts. Recently, a lady posted this. I have not altered its punctuation. The weird thing around here is: We live in the “country club” area cops are just GONE—totally [...]
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