Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on July 16, 2012
U.S. Immigration and Customs Enforcement is in charge of immigration. That makes sense. What does not make sense is the fact that the outfit is systematically shutting down websites run by Americans. Over the last two years, it has shut down 839 of them. These sites have been selling things. Weird things. Things like jewelry, baby […]
Continue reading →Written by Gary North on June 28, 2012
A reverse mortgage is a loan against equity in your home. You borrow against this equity. You must continue to pay property taxes and fire insurance, but you live rent-free in your home. The amount of the loan is determined by your life expectancy. The lender gets your home at the death of the surviving […]
Continue reading →Written by Gary North on February 27, 2012
The battle over the debt ceiling last year was prime-time news last summer. Congress finally consented to a huge increase. This increase was expected to last until well into 2013. It won’t. The next President’s inauguration will take place in the middle of another debate over what gets cut (nothing) and who pays higher taxes […]
Continue reading →Written by Gary North on February 24, 2012
Gasoline prices are up since December. (So is the price of gold.) President Obama says there are no quick fixes. He is correct. The fear over an attack on Iran is driving up oil prices. The week after Israel attacks Iran, you can figure gasoline prices will be 50% higher. A month later, maybe another […]
Continue reading →Written by Gary North on January 9, 2012
The Chinese are buying food. That is what people in poor nations buy when they get less poor. For China, the disparity between urban, coastal wealth and rural, interior wealth is enormous. People in interior towns are finding it very expensive to buy food. There are riots, which are not widely reported. As for Egypt […]
Continue reading →Written by Gary North on December 22, 2011
Is peak oil real? Yes. Is it an imminent threat? No. Take a look at this graph. It reveals that peak oil usage per person peaked in 1973. Then it dropped. It has been flat for decades. What are some of the implications: These. The global population data are from the US census bureau, and […]
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