The New York Times: Pink Politics and Red Ink

Written by Gary North on May 2, 2015

new-york-times

The New York Times, along with all other print-based city newspapers, is slowly going bankrupt. Specifically, Craigslist is killing them. Generally, the Web is killing them. They are all doomed. There are no exceptions. They are like mastodons caught in the tar pit. Some of them are sinking faster than others, but all of them […]

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The Independent Institute: “Mayday Mayday Mayday”

Written by Gary North on May 2, 2015

“Mayday” — when repeated three times — is a distress call. The Independent Institute surely is in distress — marketing distress. The Independent Institute is a free market research organization. It publishes top-flight books. But, like most non-profit organizations, it needs a full-time marketer with background in direct response marketing. Let me show you how […]

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Jonah and Nahum: Prophets to the Gentiles

Written by Gary North on May 2, 2015

jonah-and-nahum

Jonah and Nahum brought covenant lawsuits against Nineveh/Assyria. Nineveh accepted Jonah’s message and repented. The result: positive national sanctions. Nahum came over a century later. He said that time had run out for Nineveh. It had. The Babylonians conquered Assyria in the next generation. Conclusion: Assyria was under God’s law and therefore under the law’s […]

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Christian Economics in One Lesson: Chapter 4

Written by Gary North on April 25, 2015

christian-economics

Public Works Mean Taxes For the lips of a strange woman drop as an honeycomb, and her mouth is smoother than oil: But her end is bitter as wormwood, sharp as a two-edged sword (Proverbs 5:3-4). The author of Proverbs in the first nine chapters contrasts the faithful wife with the strange woman. He uses […]

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Muni Bonds as AAA Bank Capital

Written by Gary North on April 25, 2015

bonds

The Federal Reserve System is planning to issue new rules that will allow banks to buy municipal bonds as credit reserves for banks. Follow the logic: banks will supply capital to cities, which will serve as credit for banks. This is modern banking 101. This new arrangement will help provide a floor for cities’ debt. […]

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Taxes: Bad News, Good News

Written by Gary North on April 25, 2015

Tax-Recession

Federal tax receipts are approaching 17.5% of GDP. Whenever the percentage gets this high, a recession follows. That’s the bad news. What’s the good news? The percentage rarely gets above this, and when it does, there is a recession. Receipts fall. This means that the federal government cannot get above 20%. It can borrow to […]

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My Bank vs. The Biggies

Written by Gary North on April 25, 2015

bank-of-the-ozarks

I bank at the Bank of the Ozarks. I have for almost 16 years. The bank bought out a bankrupt Georgia bank a mile down the road from my home. The Bank of the Ozarks has utterly creamed the big multinational banks over the last ten years. So have a lot of other regional banks. […]

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