Obama Kills Keystone Pipeline, Buys Off the Rich

Written by Gary North on January 25, 2012

When President Obama killed the oil pipeline, he curried favor with the rich. The environmentalists are big-money people. William Tucker explains. “The movie stars and Sierra Club contributors were getting restless and had drawn the line in the sand.” In turning down Keystone, however, the President has uncovered an ugly little secret that has always […]

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How the FED Buys the Economists’ Support

Written by Gary North on December 3, 2011

To buy the support of the nation’s academic economists, the FED pays millions of dollars in contracts. It hires economists to write papers that few people in the FED ever read. The FED hires thousands of economists for part-time projects. The FED understands this principle: “He who pays the piper calls the tune.” And: “If […]

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