Video: CNN Tests www.Healthcare.gov. “Error”

Written by Gary North on December 2, 2013

The government insists that the site works. It can handle 50,000 people at one time. It could not handle CNN. The government admits that there is one minor problem. You cannot actually buy a policy. That section of the site is “a work in progress.” Translation: the site does not work. But the ObamaCare public […]

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DOA: Unions Push for a $15 Minimum Wage

Written by Gary North on December 2, 2013

This week, fast food workers are striking in 100 cities. They are striking for a federal minimum wage law. . It will be a one-day strike. It’s really a protest, not a strike. The strike will demonstrate clearly that the trade union movement has no power. There will be very few workers involved. It will […]

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Bitcoins: The Second Biggest Ponzi Scheme in History

Written by Gary North on November 29, 2013

I hereby make a prediction: Bitcoins will go down in history as the most spectacular private Ponzi scheme in history. It will dwarf anything dreamed of by Bernard Madoff. (It will never rival Social Security, however.) To explain my position, I must do two things. First, I will describe the economics of every Ponzi scheme. […]

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Rival Religions: Christianity vs. the Public Schools

Written by Gary North on November 29, 2013

Five decades ago, R. J. Rushdoony’s book on American education, The Messianic Character of American Education,  was jointly published by the tiny publishing house, Presbyterian and Reformed, and the newly created Craig Press. It remains the most academically rigorous critique of the philosophy of progressive education ever written. Its title tells all. This book was […]

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The Economics of Thanksgiving

Written by Gary North on November 28, 2013

O give thanks unto the LORD; for he is good: for his mercy endureth for ever. O give thanks unto the God of gods: for his mercy endureth for ever. O give thanks to the Lord of lords: for his mercy endureth for ever (Psalm 136:1-3) This phrase appears in many of the Psalms, but […]

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Murdered at 63: Brazil’s Government Kills the VW Van

Written by Gary North on November 28, 2013

On December 31, the Volkswagen Corporation will cease production of the VW van in Brazil, the last nation where it is still being produced. Why? Because of new regulations imposed by the government. The driver of a VW Kombi sits in front of the front axle. From now on, that’s not allowed in Brazil. The […]

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Should We Shop Today, Online or Offline?

Written by Robert Murphy on November 28, 2013

Apparently there is a growing backlash against big-box stores opening on Thanksgiving, with threats of boycott in the air: The list of big-box retailers opening their doors on Thanksgiving Day is growing, and so is the list of consumers threatening to shop elsewhere. Macy’s Inc. (NYSE:M) is joining the ranks of retailers offering turkey-day deals […]

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Blackout on Knockout

Written by Gary North on November 27, 2013

Let’s play a guessing game. What’s the missing word? (CNN) — Phoebe Connolly, a possible victim of game where teenagers appear to sucker-punch strangers, is encouraging people to think critically about how such attacks can be stopped. Connolly was biking in the Columbia Heights area of Washington this month when she was struck. She had […]

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