The TEA PARTY ECONOMIST
A free daily subscription service from
Ron Paul's original staff economist, Dr. Gary North!
Friday, December 9, 2016
WEEK IN REVIEW: The top stories of the week
Duck Dynasty: A&E Commits an Act of Symbolic Bestiality
What A&E has done was best described by astronaut Gus Grissom half a century ago, as recorded for posterity in The Right Stuff. It has committed a deviant act: symbolic bestiality. A&E has screwed the pooch. A&E has just lost a franchise that generates almost half a billion dollars a year in product sales. Can […] READ MORE
Bitcoins Go Splat.
Bitcoins have just suffered another huge hit. The other shoe has just fallen. Bitcoins were selling at $1,242 on November 29. The headlines were all over the Web: “Bitcoins surpass the price of gold.” That was the peak. They are around $500 today. That is a decline of 60%. When an investment fad ends, it […] READ MORE
Cable News: Still Irrelevant
The numbers are out for cable news. They indicate collapsing ratings. According to Nielsen data through Dec. 8, Fox News Channel averaged 1.774 million viewers in primetime (down 13% from 2012) and 297,000 adults 25-54 (down 30%). It was followed by MSNBC with 645,000 viewers and 203,000 adults 25-54 (down 29% in both); CNN with […] READ MORE
Most Colorado Sheriffs Refuse to Enforce Gun Control Law
There are 62 sheriffs in Colorado, and 55 of them are challenging the law in a court case. Most are unwilling to enforce the state’s anti-gun laws. They refuse to arrest known violators, or else they let them loose. The voters in rural counties prefer it this way. One of them publicly carries a pair […] READ MORE
Ron Paul on the FED’s 100th Birthday
Next week, the Federal Reserve System will celebrate the 100th anniversary of its founding. Resulting from secret negotiations between bankers and politicians at Jekyll Island, the Fed’s creation established a banking cartel and a board of government overseers that has grown ever stronger through the years. One would think this anniversary would elicit some sort […] READ MORE
Copyright © 2016 -- The Tea Party Economist