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The Oldest Person I Know Has Died at Age 114

Written by Gary North on April 4, 2012

Dr. Leila Denmark died on April 1. She was the oldest practicing physician in the United States when she retired in 2001 at age 103. She has her own Wikipedia page. She was on the Eli Lilly team that developed the whooping cough vaccine in the mid-1930s. She was also an expert in autistic children. […]

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The $4.4 Trillion Pension Fund Bust

Written by Gary North on April 3, 2012

State and local governments already owe $4.4 trillion in pensions fund obligations. This is growing daily. The one sector of America that is dominated by unions is government. Unions have disappeared in the rest of the economy. There can be no doubt that state and local governments will not be able to pay all of […]

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Why Your IRA Is a Lobster Trap Set by Congress

Written by Gary North on March 21, 2012

You deserve a bedtime story.  Uncle Gary has a good one for you. Once upon a time, there were two United States Senators. One was a Democrat. The other was a Republican. They were very concerned.  The government’s deficit was up again this year. Of course, it was always up again, every year. But this […]

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Gold Soars

Written by Gary North on February 23, 2012

Gold is approaching $1,800. In late December, you could have bought it for under $1,550. A year ago, you could have bought it for $1,320. Is it going lower? Legendary commodities investor Jim Rogers has this to say. Throughout history when you have people printing money and debasing currency, the way to protect yourself and […]

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Retirement? How Will You Survive After Year Five?

Written by Gary North on February 18, 2012

A recent Forbes piece on retirement reveals that 57% of people interviewed, age 60 or over, say they will not retire. Reality is at last creeping into the lives of senior citizens. Will they retire? They probably will. They will think they can somehow dodge the bullet. Then, at 70, with their savings running out, […]

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Bus Driver Gets $87,000 a Year Pension

Written by Gary North on January 17, 2012

Think of what a liberal arts social science or humanities college graduate receives as a salary. Not $86,000 a year. Not after 10 year, or 20 years. Now read this. This lady drives a bus in Chicago for the Chicago Transit Authority (CTA). She has put in a lot of overtime. “Some people at CTA […]

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Your Retirement Fund’s Future Explained in 7 Seconds

Written by Gary North on January 10, 2012

You have hopes for your IRA or your 401(k) tax-deferred retirement plan. You are not worried about government confiscation. To explain what’s likely, watch this 7-second cartoon. Lucy is the government. Charlie Brown is an investor in a tax-deferred retirement program.   Do you want the IRS to know what you own? How many bullion […]

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