Yellen Confirmed by Senate; Set to Become Federal Reserve Chair

Posted on January 9, 2014

Janet Yellen

The U.S. Senate confirmed Janet Yellen, a professor emerita at UC Berkeley’s Haas School of Business, as the first female head of the Federal Reserve on Monday. Yellen, current vice chair of the Fed’s Board of Governors, will replace Ben Bernanke when she takes office on Feb. 1. She was nominated to the position by […]

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$5 Million for Illegal Aliens Attending the University of California

Written by Gary North on January 8, 2014

The President of the University of California system, Janet “Big Sis” Napolitano, has announced a $5 million subsidy for illegal aliens on campus. She of course did not use the legally precise term, “illegal aliens.” She used “undocumented students.” The money will be used to fund student services, work-study programs, and for loans. We read […]

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The Magificent Failure of ObamaCare

Written by Gary North on January 6, 2014

From the point of view of a defender of liberty, ObamaCare is the most magnificent welfare state program of our generation. Premium expenses are going up for most people. Deductibles are going up for most people. Cancellation letters are going out to millions of people. The number of people signing up is less than the […]

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FedGov Orders 14 Million Potassium Iodide Tablets. PI Prevents Cancer Due to Nuclear Radiation.

Written by Gary North on January 6, 2014

The largest order in history is being planned by the federal government. PI is given in preparation for radiation poisoning. Wikipedia reports: In 1982, the U.S. Food and Drug Administration approved potassium iodide to protect thyroid glands from radioactive iodine involving accidents or fission emergencies. In an accidental event or attack on a nuclear power […]

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Doomsday Code: 00000000

Posted on January 6, 2014

By Karl Smallwood Today I found out that during the height of the Cold War, the US military put such an emphasis on a rapid response to an attack on American soil, that to minimize any foreseeable delay in launching a nuclear missile, for nearly two decades they intentionally set the launch codes at every […]

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Inflation: The Economics of Addiction

Written by Gary North on January 4, 2014

Inflation: of all the dangers to the free market economy, historically and theoretically, the greatest is this one, yet it is one of those subjects that remain wrapped in mystery for the average citizen. This elusive concept must be understood if we are to return to the free market, for without a thorough comprehension of […]

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Phil Everly, RIP

Written by Gary North on January 4, 2014

Phil Everly is dead. He died of heart failure at age 74. The Everly Brothers shaped rock and roll. No pair of singers were better in the late 1950s. I was there. I remember. I sold records after school. No one I knew ever hated the Everly Brothers. Back in 1970, I met them. It […]

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Betrayal and Its Consequences

Written by Gary North on January 2, 2014

I could write a book titled David And. . . Chapters: David and Goliath. David and Bathsheba. David and Joab. David and Absalom. David and Barzillai. But the most depressing chapter would be David and Uriah. In the New Testament, the worst betrayal is the story of Judas and Jesus. In the Old Testament, it […]

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Father Time and the Pagan New Year

Written by Gary North on December 31, 2013

Google supplies us with lots of images of Father Time. In most cases, he is carrying a scythe. Why? Have you ever thought about this? You should have, but you probably haven’t. Who was Father Time? He was not the grim reaper. His scythe was not for reaping. He was Chronos. Chronos was the ancient […]

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