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Detroit’s City Pensioners Are Wiped Out.

Written by Gary North on July 19, 2013

It looked so easy. Go to work for the city. Get paid above-market wages. Get a pension. Get health care covered. It was Fat City. It’s Thin City today. The city has officially gone belly-up. It has filed for bankruptcy. The city was in debt to the pensioners for $3 billion.  What about health care […]

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Subsidized Food Programs: 100 Million Americans

Written by Gary North on July 15, 2013

You may have heard that 47 million Americans are on food stamps, or as they call it these days, SNAP: Supplemental Nutrition Assistance Program. But wait! There’s more! What about subsidized lunches for children? Add 32 million. What about school breakfast programs? What about WIC — Women, Infants, and Children? Don’t forget snacks at day […]

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F. A. Hayek: ObamaCare’s Defender

Written by Gary North on July 12, 2013

“There is little doubt that the growth of health insurance is a desirable development. And perhaps there is also a case for making it compulsory since many who could thus provide for themselves might otherwise become a public charge. But there are strong arguments against a single scheme for state insurance; there seems to be […]

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How to “Burn Your ObamaCare Card”

Written by Gary North on July 11, 2013

I read an article recently. It recommended massive resistance to ObamaCare. It outlined how to do it. You can read it here. You can beat the system, it says, if you can prove that you have adequate coverage. My wife has adequate coverage. She pays $85 a month. She is not under ObamaCare. To find […]

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No, the Bible Does Not Teach the Welfare State.

Written by Gary North on June 18, 2013

Susan Hamill, a professor at the University of Alabama Law School, has argued in the Alabama Law Review that the Bible says the federal government should tax rich people at 50% of income, plus state and local taxes. If this sounds like Left-wing propaganda to you, you’re with me. This is the Social Gospel, but […]

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Obamacare Exodus in Congress Has Begun

Written by Gary North on June 14, 2013

On January 1, Capitol Hill will lose its 75% health insurance subsidy. The members and staffers will be thrown overboard into the shark-infested waters of Obamacare — the health care exchanges (which still do not exist). If they get out before January 1, they can save jobs in private industry that cover them. The exodus […]

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Busted California Cities: Pension Liabilities

Written by Gary North on June 14, 2013

New accounting standards are being applied by Moody’s to cities. It turns out that the two biggest cities in California — Los Angeles and San Francisco — are way deeper in the hole than previously admitted. But wait! There’s more! San Jose will be downgraded. So will Inglewood (“The Hood”). So will Azusa. The total […]

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Anti-ObamaCare: 54%.

Written by Gary North on May 28, 2013

A CNN poll taken on May 17 revealed that 54% of Americans oppose ObamaCare. About 35% think it goes too far. About 15% say it’s not enough. These figures have changed little since 2010. Three-quarters of Democrats favor it. About 16% of Republicans do. About 30% of whites favor it. About 60% of non-whites favor […]

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The Swedish Welfare State Is on Fire.

Written by Gary North on May 27, 2013

Stockholm’s rioting goes on, night after night. The police seem powerless to stop this. Immigrant youths are in the streets, burning cars that belong to immigrant adults. Certainly, wandering around Husby last week, it was hard at first glance to see quite what the problem was. Built in the 1970s as part of the “Million […]

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