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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A Conservative Republican Senator Calls for More Government Action

Written by Gary North on November 13, 2014

jeff-sessions

If you think anything is going to change in Washington, think again. The utter bankruptcy of Republican conservatism can be seen in this brief report on Senator Jeff Sessions from Alabama. Senator Jeff Sessions (R., Ala.) called for Republicans to embrace “a humble and honest populism” as they consider changing immigration law and writing a […]

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Oregon: Where Democrats Run the Show

Written by Gary North on November 13, 2014

oregon

In Oregon, Democrats rolled to major victories in state campaigns. Almost 70% voted. They voted the Republicans into near-oblivion. My mother lives in Eugene, where the late 1960’s live on. There are more bald men with ponytails in Eugene than anywhere else in the country. The national Republican Party has written off Oregon. The party […]

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ObamaGas: PR Stunt With China Wows Western Media

Written by Gary North on November 12, 2014

obama-gas

President Obama and the President of China jointly have announced a deal on carbon emissions . . . for 2030, when both of them will be in retirement. The details of the deal have yet to be hammered out — or hammered and sickled out, as the case may be. The Western media are cheering […]

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CNN: 181,000 Viewers

Written by Gary North on November 12, 2014

CNN

When you think “Ted Turner,” think “no audience.” The World Wide Web has wiped out his experiment in independent news. For comparison, Pat Robertson’s daily cable show, The 700 Club, has about a million viewers. Jon Stewart’s Daily Show has over two million. How does this outfit survive on ad revenues? Why do sponsors pay […]

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