Leno Needles the IRS. Audience Applauds.

Written by Gary North on June 5, 2013

Now that he is leaving the Tonight Show, Jay Leno is showing his colors. This was choice. President Obama says he’s renewing his efforts to close Guantanamo Bay. Guantanamo Bay? How about closing the IRS? Why don’t we do that? [Thunderous applause] How about shipping the IRS to Guantanamo Bay? That’s what we, yes! That’s […]

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Federal Reserve Policy: “Made in Japan”

Written by Gary North on June 4, 2013

Gary North’s Reality Check The FED says it will inflate. Its major representatives keep saying this. To understand the Federal Reserve, we must understand how the Federal Reserve interprets the situation in Japan. The recently adopted inflationist policy in Japan has not yet worked. Business capital spending is down 5%, year to year. Sales were […]

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Semi-Automatic Rifles Reporting Mandated in Border States

Written by Gary North on June 4, 2013

“North of the border, down Mexico way.” The Obama Administration now requires gun dealers in states bordering on Mexico to report anyone who buys two semi-automatic rifles in a week’s time. A panel of three federal judges has upheld this. Gun dealers in these states are affected: Arizona, New Mexico, Texas, and California. The official […]

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Fascist Housing: Making It Official

Written by Gary North on June 4, 2013

Housing policy in the United States has copied the fascist model for housing ever since 1934, when the FSLIC was set up: government-guaranteed savings and loans. This was part of the well-named National Housing Act. It subsidized middle-class housing by guaranteeing Federal Savings and Loans against “bank runs.” The essence of economic fascism is simple: […]

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De-Postal Monopoly: Feinstein’s Sweetheart’s Deal

Written by Gary North on June 3, 2013

Fact #1: Senator Diane Feinstein is married to the CEO of the largest commercial real estate services firm in the U.S. Fact #2: The U.S. Postal Service is going bust, because it can no longer compete. It has a monopoly, but it’s market is shrinking. Fact #3: The U.S.P.S. is selling off 41 post offices […]

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No Way to Stop 3D Guns, Says Homeland Security.

Written by Gary North on June 3, 2013

The advent of 3D printers has created consternation for the Department of Homeland Security. In a memo, it admits that this new technology poses overwhelming problems for the suppression of gun ownership. Here are highlights from the memo, which was issued by the Joint Regional Intelligence Center. “Significant advances in three-dimensional (3D) printing capabilities, availability […]

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