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Retired Couple Turn into World Traveling Nomads

Written by Gary North on December 27, 2012

This couple sold their home in Paso Robles, California, and started touring the world. We hear about people like this. These people have done it. The wife started a blog site about their travels: http://homefreeadventures.com. They were worried about old age. They wanted to see the world. So, they are doing just that. They rent […]

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Ravi Shankar, R.I.P.

Written by Gary North on December 12, 2012

He was 92. Incredibly, he played his final concert last month. Frail in health, he refused to retire. He was my kind of guy. He had been for over 50 years. I remember the first time I saw him perform. It was probably in January 1965. I was enrolling as a graduate student at the […]

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Dead Letter Office: Post Office Is Close to Broke

Written by Gary North on November 16, 2012

It’s official. The Postmaster General has sent an S.O.S. to Congress. “Mayday! Mayday! We’re sinking!” In this video, he says wages will be paid. Can you imagine the head of a $65 billion a year company producing a video that says to workers, saying this? “You will be paid. Trust me.” But the USPS has […]

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Retirement Suicide: Families Borrow to Pay for Kids’ College

Written by Gary North on October 16, 2012

This video interview posted by the Wall Street Journal talks about parents’ debt. We know about what students are personally taking on. The average debt is $40,000 at age 23, with no bankruptcy protection. But their parents are matching them. None of this is necessary. College need not cost over $15,000, total. But parents are […]

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How Older Economists Retired Rich

Written by Gary North on October 9, 2012

Gary North’s Reality Check (Oct. 9, 2012) Most of the academic economists I know were able to retire rich. I define “rich” in a special way: the ability to quit your day job, retire permanently, and not suffer a reduction in your lifestyle. There are a lot of people who think the government has promised […]

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Post Office Can’t Meet Its $11 Billion Payment

Written by Gary North on October 1, 2012

The U.S. Postal Service owes $5.6 billion to pay into its unionized workers’ health fund. It does not have the money. Let’s call this delay what is really is: a default. It is a prelude of things to come to the entire U.S. government budget. This is the second time in two months that the […]

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