Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on November 27, 2013
Warren Buffett came to a meeting of Detroit’s leaders. So did Lloyd Blankenfein of Goldman Sachs. It was time for cheerleading. Buffett pointed to the recovery of the American auto industry as the model. “Look what happened.” How did it happen? He failed to mention these factors: (1) federal government bailout money, (2) violation of […]
Continue reading →Written by Gary North on November 18, 2013
In every American city, there are crack houses. Addicts know where they are. That is why crack houses make money. The police seem not to know where these crack houses are. That is why crack houses make money. How is it that the crackheads know where the crack houses are, but the police do not? […]
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 →Posted on November 4, 2013
by Gary DeMar The liberal folks at Sojourners have put together a Poverty and Justice Bible that’s being published by World Vision and Bible Society: “The publishers of the Poverty and Justice Bible went looking and highlighted almost 3,000 verses in the scriptures to show that God has something to say about injustice and oppression. […]
Continue reading →Written by Gary North on October 11, 2013
Pat Buchanan has written a useful summary article on secession movements in the United States. They are county-based movements. They are being organized by people who are fed up with centralization at the state level. Some analysts on the Left also see it coming, as this article indicates. The author sees this secession as functional. […]
Continue reading →Written by Gary North on October 7, 2013
ObamaCare is structured to force younger healthy workers to pay for older, sicker Americans. The old will sign up. Those with existing conditions will sign up. But younger workers may decide to skip it, pay a small tax, and live with no coverage. Rates on younger workers are likely to triple. Millions of Americans will […]
Continue reading →Written by Gary North on October 7, 2013
California’s poverty rate is now 24%. Nationally, it is 16%. This places California close to the bottom: #47. One-third of the welfare recipients in the United States live in California. As for inequality, there is no state more unequal in terms of wealth distribution. Silicon Valley is rich. Most of the state is not. Joel […]
Continue reading →Written by Gary North on October 2, 2013
Here is the government’s promise, according to the Department of Health and Human Services. Premiums before tax credits will be more than 16 percent lower than projected premiums after tax credits Tax credits will make premiums even more affordable for individuals and families. Here is reality, according to Forbes. Based on a Manhattan Institute analysis […]
Continue reading →Written by Gary North on October 1, 2013
Like rats in a maze, millions of Americans without health care insurance are going to get it. But only if they can get through the maze. It’s like anything else run by the federal government. Those who want the benefit must fill out forms. Lots of forms. Complex forms. Those who think this will be […]
Continue reading →Written by Gary North on September 30, 2013
October 1 is the first day of the new fiscal year of the United States government. Little known to the general public, it is the supreme day of celebration for the American Establishment. Let me explain why. It has to do with government spending, specifically this: Who wins? Who pays? The American welfare state is […]
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