Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on November 8, 2013
President Obama appeared on camera on November 7, and apologized for his words, “If you like your health insurance, you can keep your health insurance.” The President has been engaged in a kind of verbal Bataan march in recent days. CNN reports: Last week: “If you had one of these substandard plans before the Affordable […]
Continue reading →Written by Gary North on November 7, 2013
Princeton’s Paul Krugman is a Keynesian. He is the Keynesian. He is the resident economist for the New York Times. Economics teaches that there are no free lunches. Therefore, an economy can allocate scarce resources in two ways: by price competition or by government committees. Keynesianism seeks to find a middle ground. It wants allocation […]
Continue reading →Written by Gary North on November 7, 2013
President Obama flew to Dallas on November 6 to talk about ObamaCare. To greet him, Governor Rick Perry issued a press release. President Obama deceived the American people by promising that anyone who liked their health care plan could keep it, but millions of Americans are now discovering that simply isn’t true. Now, he’s coming […]
Continue reading →Written by Gary North on November 5, 2013
Nationally, prices will rise by 41%. But in some states, it will be much worse. In a few, it will be better. There is an interactive map here. Place your cursor over your state. You will see what the typical policy cost pre-OC, and what it will cost after. The system, with the subsidies — […]
Continue reading →Written by Gary North on November 4, 2013
Bill Gross is a very rich man. He manages Pimco, the world’s largest bond fund. As is true of most American multi-billionaires, he is a Keynesian. He believes in the economically creative power of the state. He has understood how the state affects the markets through raw power, and he has profited enormously. In November, […]
Continue reading →Written by Gary North on November 1, 2013
The modern state is messianic. While denying the existence of God, it seeks to replace God. My father-in-law, R. J. Rushdoony, used to say that the state wants to predestinate mankind, because the state wants to become the god of this society. Exactly half a century ago this month, his book appeared: The Messianic Character […]
Continue reading →Written by Gary North on October 31, 2013
Speaking in Boston, the home of RomneyCare, President Obama announced that his health insurance program is economically sound. He invoked RomneyCare as evidence. “Massachusetts has shown the model works.” But he somehow failed to mention Romney. During the 2012 presidential campaign, he gave full credit to Romney, thereby silencing his opponent, who could not easily […]
Continue reading →Written by Gary North on October 30, 2013
“O, what a tangled web we weave, when first we practice to deceive.” – Sir Walter Scott American Presidents sometimes utter memorable phrases that come back to bite them. Richard Nixon’s was this: “I am not a crook.” (This trumped his statement to the press after his 1962 defeat for Governor of California: “You don’t […]
Continue reading →Written by Gary North on October 29, 2013
The Democrats have remained mostly mute on Kathleen Sebelius. She is clearly the captain of the digital Titanic. She will go down with the ship. Senators will face an electorate in a year that will be howling for scapegoats. Democrats will be the targets. So, they are trying to lie low. It is not easy. […]
Continue reading →Written by Gary North on October 29, 2013
Edward Snowden’s stories keep leaking out, yet Russia says he must not do this. The latest one is on how the NSA spies on European leaders. They all knew this. Their voters did not. This is the threat Snowden poses, and American foreign policy experts know this. In an article for the forthcoming edition of […]
Continue reading →