Found: 30,000 Missing IRS Emails of Lois “5th Amendment” Lerner

Posted on November 22, 2014

lois-lerner

Up to 30,000 missing emails sent by former Internal Revenue Service official Lois Lerner have been recovered by the IRS inspector general, five months after they were deemed lost forever. The U.S. Treasury Inspector General for Tax Administration (TIGTA) informed congressional staffers from several committees on Friday that the emails were found among hundreds of […]

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2015: Another Year in Afghanistan

Posted on November 22, 2014

us-troops-in-afghanistan

Barack Obama has extended the combat role for US troops in Afghanistan for another year, in a classified order he signed in recent weeks, according to reports. Previously, the president had said US-led NATO combat operations would finish at the end of this year. The NATO follow up mission, to take over on January 1 […]

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Some Republican Should Announce Today: “I Am Running to Repeal Obama’s Amnesty.”

Written by Gary North on November 21, 2014

amnesty

This is a moment of opportunity. Some Republican Senator or Governor should announce his candidacy for the Republican nomination for President in 2016. He should announce his reason: “I will repeal by executive order President Obama’s executive action granting amnesty to five million illegal aliens.” That announcement would make him the front-runner. It would galvanize […]

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China’s Communist Regime vs. the Hackers

Written by Gary North on November 21, 2014

china-and-hackers

In an article about the Chinese government’s massive firewall to restrict social media in China, the following statistic was reported: there are 1.4 billion Chinese, and 632 million of them are online. I would not place too much credence in the specificity of these figures, but the general estimates are probably correct. Something in the […]

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Dumb Money: “Buy an S&P 500 Index Fund and Hold”

Written by Gary North on November 21, 2014

s&p-500

The S&P 500 closed at 1527 on March 24, 2000. (Intraday high: 1553) Go to the Bureau of Labor Statistics’ inflation calculator. It is here.  Type in 1527 into the box. Select 2000.  Click “Calculate.”  This number appears: 2105.  That is where the S&P 500 should be to compensate for price inflation. This is break-even, […]

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The $5 Million Retired Cop

Written by Gary North on November 21, 2014

cops

So, you think America’s local governments are not going to go bankrupt. Think again. When Bobby Deal retired from the Jacksonville Sheriff’s Office last month, he did so with the promise of a nest egg worth at least $4.9 million, a sum he’ll be paid over the next 25 years. Deal now earns nearly 50 […]

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Obama Will Torpedo Hillary Today

Written by Gary North on November 20, 2014

obama-hillary

Today, President Obama will announce his plan for giving legal protection against deportation to five million illegal aliens who were not going to be deported anyway. This will hand a huge political chip to the Republican Party. Whoever runs for President in 2016 will run on the promise of reversing today’s executive order. Revocation by […]

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Another Krugman Kontradition: New Taxes, Yes and No

Written by Robert Murphy on November 20, 2014

I coined the term “Krugman Kontradiction” to refer to the Nobel laureate’s tendency to lead his readers in one direction on an issue, then do a total about-face when circumstances make that convenient, while whipping up a new set of assumptions and emphases in his economic analysis so as to reconcile the switch. I’ve got […]

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Anonymous Ferguson Cop: “Get a Gun.”

Posted on November 20, 2014

ferguson-cops

FERGUSON, Mo. (CBS ST. LOUIS) – Law enforcement in the Ferguson area are preparing for potential protests and riots following the grand jury’s decision in the Michael Brown investigation, which is expected sometime this month. Talking to “St. Louis Coptalk” forum, a supposed police officer in the Ferguson area issued a warning to others in […]

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