Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on August 3, 2012
Half of America’s counties are suffering from a major drought. The federal government has identified these counties as national disasters This means bailout money is on its way. Bailouts are a way of life in a nation filled with national disasters. In fact, the bailout money helps creates them. The free market works. The federal […]
Continue reading →Written by Gary North on July 31, 2012
A Catholic-owned business that employs over 250 and which provides health insurance is being sued by the Department of Justice. Why? Because the company does not provide health insurance that provides free contraception and abortion. They see their choice: submit to a murderous law or go out of business. They have decided to take this […]
Continue reading →Written by Gary North on July 27, 2012
Bill Clinton promised welfare reform when he ran in 1992. He delivered in 1996. Now Obama has gutted it. But wasn’t the law a law? How can he overturn it? Be redefining it. The Heritage Foundation reports. Today, the Obama Department of Health and Human Services (HHS) released an official policy directive rewriting the welfare […]
Continue reading →Written by Gary North on July 26, 2012
Rationing is inevitable in a world of scarcity. You can ration by price: high monetary bid wins. You can ration by standing in line: first come, first served. You can ration by bureaucratic procedure: fill out forms. You can ration by favors: hello, baby. But there is always rationing. The free market rations by price. […]
Continue reading →Written by Gary North on July 19, 2012
For a business with over 50 workers, it means huge increases in health insurance coverage or a large fine. If a business has 60 workers, 10 of them are going to be fired. Count on it. One man who owns dozens of KFC franchises has a choice: a $60,000 fine — excuse me, “tax” — […]
Continue reading →Written by Gary North on July 13, 2012
So, you thought that Medicare was designed to help granny and gramps to avoid hardship in their old age. Well, you have too narrow a definition of hardship. They don’t want less hardship. They want more hardship. And Uncle Sam provides it. That $188 million bought 500,000 pumps. Think of the joy that brought to […]
Continue reading →Written by Gary North on July 13, 2012
The governor of Massachusetts has vetoed the bill send up by the legislature to restrict the use of state food stamps to food. Food stamps only for food? Why, this is an attack on the poor! The governor will not tolerate such a thought. The poor are entitled to a generous lifestyle at the expense […]
Continue reading →Written by Gary North on July 13, 2012
Here is an interesting case study. A woman took out a $5,000 student loan in the late 1960s. That as the equivalent of $35,000 today. She paid it off in three years. Her son is $85,000 in debt. It will take him far more than three years to pay off this debt. Here is a […]
Continue reading →Written by Gary North on July 5, 2012
The U.S. government is not content with 46 million Americans getting free food at taxpayer expense. It is spending money to get more Americans signed up. It has spent $3 million so far this year on radio ads. The food stamp program has been in operation ever since 1964. There are families that are fourth-generation […]
Continue reading →Written by Gary North on July 4, 2012
The Government Accountability Office (GAO) monitors government spending. It has a lot to monitor. Of course, it cannot monitor more than a tiny fraction of the money that flows through Washington. How about this tidbit? The U.S. Department of Agriculture makes direct payments to farmers. In an 8-year period, 2003 to 2011, the USDA handed […]
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