Before You Buy an iPad, Read This

Written by Gary North on December 1, 2011

My iPad 2 arrived by UPS yesterday. I have learned my lesson. Yes, you have heard all the hype. It’s a great tool. But you need a tutor. Locate a 13-year-old who owns one. Pay for lessons. I have written a detailed article on what you can expect. Read it before you buy. And be […]

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A Johnny Cash Parody: “I’d End the FED”

Written by Gary North on November 30, 2011

YouTube lets creative people have a shot at fame. This music video gets across a point: it is unwise to trust the Federal Reserve System. Bernanke will not be amused. Its theology isn’t on-target, but its economics are. When little people can put together videos like this and post them, this puts the Establishment on […]

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Big Bank Bailout: Why You Will Be Asked to Pay

Written by Gary North on November 30, 2011

The politicians in Europe are planning another summit meeting on December 9. The more summits they have, the more it becomes clear that they have no solution. If they did, they would need only one summit. Matthew Lynn nails it: “Every week we get another big search for a smart-sounding scheme to rescue the project. […]

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Black Friday Mobs and Our Future

Written by Gary North on November 30, 2011

We have read about how there were near-riots by shoppers to get into stores on Black Friday. What if we were in a major crisis? What if these people could not afford to buy necessities? How much self-restraint would they show? Robert Ringer has offered some sobering thoughts. Ringer is a libertarian. He is the […]

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The Logic of Racial Quotas

Written by Gary North on November 30, 2011

Fred Reed is one of America’s most readable columnists. He used to be a real, live journalist, but he finds it easier in retirement to crank out occasional observations about the insanity of government in the United States. In his latest piece, he considers the implications of racial quotas, also known as “racial profiling acceptable to […]

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The Biggest Bailout of All Time Is Coming

Written by Gary North on November 30, 2011

The big banks of Europe are facing disaster if Italy defaults. Unless the European Central Bank starts inflating, and soon, Italy will default. Will Europe let the banks go under? I doubt it. The leaders will finally save the system by bailing out the banks. That is the problem. David Weidner explains. If you understand […]

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The Case for Gold and Silver

Written by Gary North on November 30, 2011

I have always recommended buying bullion coins and taking delivery. Mining shares are leveraged. They can kill you in a decline. You must be willing to buy them in a crisis downward move. Few people have the stomach for this. John Embry is an old-time gold bug. He manages the Sprott Asset Management. Sprott is […]

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Tax Cut Extension Is Likely; So Is a Larger Deficit

Written by Gary North on November 30, 2011

Senate Majority Leader Mitch McConnell now says he will back an extension of the payroll tax cut. Democrats favor it. It is perceived as helping the middle class. The Democrats want a surtax on the rich to pay for it. Republicans are unlikely to get on board. “In all likelihood, we will agree to continue […]

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No Bimbo Eruptions in Ron Paul’s Career

Written by Gary North on November 29, 2011

I served on Ron Paul’s staff in 1976. There were no “bimbo eruptions.” Back in 1992, one of Bill Clinton’s female advisers referred to his “bimbo eruptions.” There was one accusation after another. But liberals are soft on adultery, so he did not suffer any consequences. He even got away with the Lewinsky affair. Impeached, […]

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Inflation Index: 12 Days of Christmas, 2011

Written by Gary North on November 29, 2011

You have heard of the consumer price index. You may have heard of the median consumer price index. You may even have heard of the Big Mac price index. But have you heard of the 12 days of Christmas price index? It exists. Every year about this time — in between Black Friday and Christmas […]

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