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Drought Burns a Hole in Taxpayers’ Wallets

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 […]

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Cathilics Can Get Obamacare Removed or Modified

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 […]

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Obama Guts Clinton’s 1996 Welfare Reform Law

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 […]

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Obamacare Will Create Unemployment

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” — […]

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Food Stamps for Tattoos, Porn in Massachusetts

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 […]

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Student Loans Back in Mom’s Day vs. Today

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 […]

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Government Spends $3 Million to Promote Food Stamps

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 […]

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Old MacDonald Had a Cash Cow: You

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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