Free Rides: Bill Clinton’s Perks

Written by Gary North on February 16, 2015

bill-clinton

The stories never end. She hasn’t even announced, but the question has already resurfaced: Will Bill Clinton’s baggage derail Hillary Clinton’s presidential hopes? Just a few weeks ago, reports broke that Bill Clinton had flown at least 11 times on “The Lolita Express” — a private plane owned by the mysterious financier and convicted pedophile […]

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Apple’s Self-Driving Car

Written by Gary North on February 16, 2015

apple-car

It’s coming. When it comes, Uber will win. The taxi companies will lose. The cities that charge a million dollars per cab will lose. No more medallions! By Friday, the Financial Times reported Apple had started hiring employees from the automotive industry for a secretive new research lab. One of those hires includes Johann Jungwirth, […]

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How Will the FED Raise Interest Rates?

Written by Gary North on February 16, 2015

g-20-yellen

Everyone is talking about the FED’s promise to hike interest rates.  But nobody is talking about how the FED will do this, except for me. Next time you read a story like this one, ask yourself: “How will the FED pull this off?” When Group of 20 finance ministers this week urged the Federal Reserve […]

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Shiller’s Warning: Crash Ahead

Written by Gary North on February 16, 2015

shiller

The news on the investment front is not good. Nobel Prize-winning economist Robert Shiller has a grim message for investors: Save up, because in the years ahead, assets aren’t going to give you the type of returns that you’ve become accustomed to. In his third edition of “Irrational Exuberance,” which will drop later this month, […]

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Video: A 50-Cent Microscope to Save the World

Written by Gary North on February 13, 2015

microscope

Here is a microscope that anyone can afford. Public health workers can take one anywhere, and then check local drinking water for disease-transmitting organisms. Left alone, the free market comes up with cost-effective solutions. This is the basis of progress: the creativity of the mind, and then the capital to implement the ideas. These two […]

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“Scab” Robots Would Not Shut Down the Port of Los Angeles

Written by Gary North on February 13, 2015

shipping-robots

Union members for decades called non-union strike-breakers “scabs.” They used violence against them. That was because they were thugs. In the contest between the scabs and the thugs, the consumers’ best interests were always upheld by the scabs. Soon, consumers will be facing the negative effects of a closing of the ports of California. A […]

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Central Banks Bought Gold in 2014. Did You?

Written by Gary North on February 13, 2015

central-bank-gold

Gold is a barbarous relic, Keynes famously said. Keynesian economists repeat this . . . until they become central bankers. Then, it’s a different story. Governments added 477.2 metric tons to their reserves [in 2014], the second-biggest increase in 50 years and 17 percent more than a year earlier, the World Gold Council said in […]

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