Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
The governor of Kansas has signed a law that prohibits local governments from using taxpayers’ money to promote gun control. They may not produce or distribute “any kit, pamphlet, booklet, publication, electronic communication, radio, television or video presentation” that is related to gun control. They may not hire lobbyists, either. Gun control promoters say this [...]
Continue reading →The PBS headline announces: “Krugman Says Forget Debt, Help the Unemployed .” Paul Krugman is the world’s leading spokesman for Keynesianism. He won a Nobel Prize. He writes a blog for the New York Times. He is Keynesianism’s go-to guy. He is Dr. Boondoggle. He wants more, way more, government spending. The recession began in [...]
Continue reading →The Reuters headline says it all: U.S. hiring scene pointing to economy in need of Fed’s help. I can almost hear the Beach Boys’ Al Jardine: “Help me, Benny! Help, help me, Benny!” U.S. employers likely stepped up hiring only slightly in May, a sign the economy was growing modestly but not strongly enough to [...]
Continue reading →A principal suspended a student for saying “gun” on a school bus. The boy had the nerve to tell other students that he thought it would have been a good idea to have had a gun in the Sandy Hook school where the madman shot students. That did it. No more Mr. Nice Guy. The [...]
Continue reading →Gander Mountain is opening four new stores in Texas. The company describes itself as a “firearms super center.” Demand is high and growing. The stores are for outdoorsmen, but these days, indoorsmen are walking in the stores’ doors too. Texas is gun-friendly. The boom in ammunition sales shows no sign of tapering off. This marks [...]
Continue reading →The new head of the IRS is going through a Punch and Judy show with Congress. He has to look tough. He has to make it look like he is doing something to change the culture at the IRS. There is only one thing that can change the culture in any bureaucracy: cut its funding. [...]
Continue reading →Last November, people with good credit could get a 3-year mortgage for 3.3%. Today, it’s 3.8%. The rate is likely to keep rising. Some estimates predict that it will be 5% at the end of 2014. Every month, the Federal Reserve buys $40 billion worth of mortgage bonds from Fannie Mae and Freddy Mac, the [...]
Continue reading →Now that he is leaving the Tonight Show, Jay Leno is showing his colors. This was choice. President Obama says he’s renewing his efforts to close Guantanamo Bay. Guantanamo Bay? How about closing the IRS? Why don’t we do that? [Thunderous applause] How about shipping the IRS to Guantanamo Bay? That’s what we, yes! That’s [...]
Continue reading →The Works Progress Administration was the largest of the New Deal’s make-work programs, employing millions of men at taxpayers’ expense. In this long-forgotten song, Satchmo and the great Mills Brothers have some fun at the expense of the WPA. Now wake up, boys, get out on the rock It ain’t daybreak, but it’s four o’clock [...]
Continue reading →The London Financial Times ran a story on the decline in rural population. It promoted the story as if it were relevant. It isn’t. There was an increase of 134,000 people in rural areas last year. But 179,000 moved out. We are talking fewer than 50,000 people in a nation of 310,000,000. In short, marginal. [...]
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