Sweetheart Deal: Uncle Sugar and the Sugar Lobby

Written by Gary North on September 20, 2012

For over 200 years, the U.S. government has imposed quotas on the import of sugar into the United States. This has allowed domestic sugar producers the ability to charge more for sugar. Americans consume less sugar. Don’t think of this as cronyism. Don’t think of this as crony capitalism. Think of this as a government […]

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A $2 Gadget That Triples Incandescent Bulb Life

Written by Gary North on April 5, 2012

Congress in its wisdom passed a law in 2007 that led to the banning incandescent of the sale of light bulbs, beginning on New Year’s Day, 2012. By 2015, all of them in between 40 watts and 150 watts must be gone from the shelves. The 100-watt lights  go first, by law. Maybe you don’t […]

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Another Round of Housing Bailouts

Written by Gary North on March 28, 2012

Fannie Mae is out of money again. Every few months, it returns to Congress and asks for more money. The U.S. housing market is a on life support. The few voters who are aware of this don’t care. Most voters don’t know. The two government-owned mortgage companies are bleeding us dry. Fannie Mae burned through […]

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Help Kill SOPA: Contact Your Congressman Today

Written by Gary North on January 18, 2012

Congress is on the run over SOPA, the “Stop Online Piracy Act.” This bill, if passed, will let the President shut down Internet sites without warning. It will enable him to block access to foreign sites. The victims must then go into court to prove that they are innocent. There will be no due process […]

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FED Inflation Will Fail, Say Two FED Presidents

Written by Gary North on December 5, 2011

What’s  this? Creeping sanity at the FED? Well, at least at the Dallas FED. The U.S. Federal Reserve and other central banks must not succumb to calls for additional help from monetary authorities in the face of high budget deficits, two top Fed officials said on Friday. Using the Fed as a printing press to […]

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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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