Gen. Dempsey Channels Gen. Westmoreland

Written by Gary North on November 17, 2014

general-dempsey

It had to happen. It happened so soon! The United States’ top military officer told American troops on a surprise visit to Baghdad on Saturday that the momentum in the battle with Islamic State was “starting to turn”, but predicted a drawn-out campaign lasting several years. “Starting to turn.” Check. Westmoreland: “Light at the end […]

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The Amnesty That Matters Most

Written by Gary North on November 17, 2014

amensty

I am going to write four words. I want you to memorize them. Every time you read about the debate over amnesty, I want you to think of these four words. They would make a great bumper sticker. They would easily fit on Kim Kardashian’s $65 million behind: two on one cheek, two on the […]

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Japan Is in a Recession: Abenomics Is Not Working

Written by Gary North on November 17, 2014

abenomics

Japan’s central bank is inflating on a massive scale. The policy is not working. The Japanese economy is in a second quarter of contraction. The Japanese stock market boomed in response to the flow of new money. It is now falling. The government hiked the national sales tax from 5% to 8%. It had planned […]

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Hacked, Cracked, and Shelacked: U.S. Weapons Systems

Written by Gary North on November 15, 2014

weapons-system

It is not just Target that got hacked. This appears in The Washington Post. Designs for many of the nation’s most sensitive advanced weapons systems have been compromised by Chinese hackers, according to a report prepared for the Pentagon and to officials from government and the defense industry. Among more than two dozen major weapons […]

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Walmart vs. Amazon Price War. Customers Win.

Written by Gary North on November 14, 2014

amazon-walmart

A fundamental rule of free market pricing is this: “Customers compete against customers. Retailers compete against retailers.” The latest example is Walmart and Amazon. Walmart headquarters has just sent down a memo. Stores are allowed to match prices on Amazon. Critics of the free market call this “cut-throat competition” I’m all for it. When retailers […]

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Mergers and Acquisitions: Al-Qaeda and ISIS

Written by Gary North on November 14, 2014

ISIS-flag

Talk about bad timing for the President. The announcement comes just as President Obama is in Australia, trying to get some uplifting photo ops at the G-20 meeting. He has pledged to give away $2.5 billion to unnamed poor nations to fight climate change: your money and mine. Then comes the M&A report from Syria. […]

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