Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on December 21, 2013
What A&E has done was best described by astronaut Gus Grissom half a century ago, as recorded for posterity in The Right Stuff. It has committed a deviant act: symbolic bestiality. A&E has screwed the pooch. A&E has just lost a franchise that generates almost half a billion dollars a year in product sales. Can […]
Continue reading →Written by Gary North on December 18, 2013
Bitcoins have just suffered another huge hit. The other shoe has just fallen. Bitcoins were selling at $1,242 on November 29. The headlines were all over the Web: “Bitcoins surpass the price of gold.” That was the peak. They are around $500 today. That is a decline of 60%. When an investment fad ends, it […]
Continue reading →Written by Gary North on December 17, 2013
The numbers are out for cable news. They indicate collapsing ratings. According to Nielsen data through Dec. 8, Fox News Channel averaged 1.774 million viewers in primetime (down 13% from 2012) and 297,000 adults 25-54 (down 30%). It was followed by MSNBC with 645,000 viewers and 203,000 adults 25-54 (down 29% in both); CNN with […]
Continue reading →Written by Gary North on December 17, 2013
There are 62 sheriffs in Colorado, and 55 of them are challenging the law in a court case. Most are unwilling to enforce the state’s anti-gun laws. They refuse to arrest known violators, or else they let them loose. The voters in rural counties prefer it this way. One of them publicly carries a pair […]
Continue reading →Posted on December 16, 2013
Next week, the Federal Reserve System will celebrate the 100th anniversary of its founding. Resulting from secret negotiations between bankers and politicians at Jekyll Island, the Fed’s creation established a banking cartel and a board of government overseers that has grown ever stronger through the years. One would think this anniversary would elicit some sort […]
Continue reading →Written by Gary North on December 13, 2013
House Republicans fell in line. They voted to drop the sequester that Obama had agreed to in 2011. This was a major symbolic victory for the Democrats. The Republican leadership is no longer a threat on the deficit issue. As for the Tea Party, about one quarter of voters are favorable, a quarter are opposed, […]
Continue reading →Written by Gary North on December 12, 2013
Paul Ryan was a flake from day one. Now he has proven it. He has joined with Patty Murray (Democrat) to propose the scrapping of the sequester. Obama says he will sign the deal. I guess so! Here is what USA Today announced. For Paul Ryan, budget deal may be a career turning point. I […]
Continue reading →Written by Gary North on December 11, 2013
I received this email from a self-professed fan. But in his note, he felt obliged to add this: I do take one strong exception to your statement that Social Security is the largest Ponzi scheme ever. Social Security is an insurance policy. We pay real money to receive real benefits. It currently has over 2 […]
Continue reading →Written by Gary North on December 10, 2013
There are conflicting stories among Bitcoins’ supporters about why a Japanese programmer or team of Japanese programmers, who are known by a pseudonym Satoshi Nakamoto, developed the original idea for the Bitcoins software. The primary justification for Bitcoins among libertarians is the prediction that Bitcoins will become an alternative currency to all existing central bank […]
Continue reading →Written by Gary North on December 10, 2013
You may not have known that the term “ObamaCare” was invented by anti-Obama racists. Watch this video. You will see. (No, this is not from “The Onion.”)
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