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President Obama Shoots Himself in the Foot on Gun Control

North’s law of knee-jerk politics is this: “When you become a knee-jerk politician, you will eventually shoot yourself in the foot.” This is what President Obama has just done. He has decided that he is going to make gun control one of his two major issues. The first issue is getting the House of Representatives [...]

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The Four Business Gangs That Run America

You probably knew about three of them. Economist Jeffrey Sachs lists them, and adds a fourth. 1. The military-industrial (-Washington) complex. 2. The Wall Street-Washington complex 3. The oil-transportation complex. There is a fourth. Guess what it is. If you are stuck, you will understand perfectly when you click the link.

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Why Ron Paul Never Fit in on Capitol Hill

Gary North’s Reality Check (Jan. 3, 2013) This evening, Ron Paul will no longer be a member of Congress. It has happened before. At the end of this day in January 1977 he was no longer a member of Congress. He had lost by 268 votes out of over 180,000. At the end of this [...]

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Yes, We Have No Solutions. We Have No Solutions Today.

The solution to the solution is no solution. For every $41 in tax increases, there will be $1 in the reduction of spending, fiscal year to fiscal year. A 41-to-1 ratio does not solve the deficit problem. In August 2011, the federal government agreed to impose on itself a minor series of cost-cutting programs, called [...]

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Paul Ryan Votes With Pelosi.

Republican Congressman Paul Ryan voted with Nancy Pelosi and the Democrats to kick the fiscal can one more time. He has shown his true colors. For all his rhetoric and charts in 2012 on the dangers of federal debt, he buckled under pressure. He was the Great White Hope for Tea Party voters last November. [...]

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Boehner Eats Another Mud Sandwich

It was great to see. House Speaker John Boehner had to eat another mud sandwich yesterday. The man who sold out the Republican Party four years ago by leading the charge to vote for TARP has suffered a major personal defeat. The anti-tax conservatives revolted. They would not vote for his “tax the super-rich” bill. [...]

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A Nation Run by Idiots

This is all over the Web: You know you live in a Country run by idiots if… You can get arrested for expired tags on your car but not for being in the country illegally. Your government believes that the best way to eradicate trillions of dollars of debt is to spend trillions more of [...]

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