Saturday, February 22, 2014

THE TEA PARTY ECONOMIST 02/22/2014

Video: Where Are The People Who Signed Up For Obamacare?
When Jimmy Kimmel asked his audience Tuesday night whether they had signed up for Obamacare, not a single hand went up. READ MORE

Obama Trying To Drop Hammer On Retirement Planners
President Barack Obama plans to ask Congress in early March, as part of his fiscal 2015 budget, to reduce some of the tax advantages for employer-sponsored retirement plans for higher-income earners, according to published reports. Plus, the president wants to limit the value of all tax deductions, defined contribution exclusions and IRA deductions to 28% […] READ MORE


China is Falling Behind The Curve in Employing Young Work Force
Youth unemployment has created “a generation at risk” according to the International Labor Organization, with worldwide youth unemployment forecast to rise to 12.8 percent by 2018. But these headline figures do not necessarily tell the real story given the discrepancies among different parts of the world. In the developed economies, the youth unemployment rate – […] READ MORE



Obama's MyRA Scam: Your Savings Pays for US Debt

Experts Predict Imminent Collapse of US Dollar

The Fed Just Guaranteed $9 Gas and $3800 Gold

Talk About Good Product Placement… 13-Year Old Marketer
13-year-old Danielle Lei, a Girl Scout in San Francisco, is one heck of a smart marketer. On Monday, she sold 117 boxes of Girl Scout cookies in two hours. Her locations? Outside a medical marijuana clinic. Moreover, the Green Cross Cannabis Collective was pretty “high” on the idea too: “It’s no secret that cannabis is […] READ MORE

Cop Kills Teenager After He Answers The Door With Remote In Hand
A Georgia family is in shock following the death of their 17-year-old son, who was accidentally killed by a police officer who believed the video game controller he was holding was a gun, according to the family’s lawyer. Christopher Roupe of Euharlee, Georgia heard a knock at the door of the family’s home last Friday […] READ MORE

McDonald’s Employee Loses Job For Buying First Responders’ Breakfast
A 23-year-old New York woman was fired from her job at McDonald’s after she bought breakfast for a group of firefighters in her community. Heather Levia, a mother of twins who was working two jobs to put herself through nursing school, said she knew the firefighters had been working in sub-zero temperatures. A New York […] READ MORE

Utah Bill Would Enable Collection Of DNA Samples During Booking
In June of 2013, the Supreme Court’s ruling in Maryland vs. King dealt a potentially fatal blow to the Fourth Amendment. The Supreme Court’s decision held that when a suspect is arrested for a serious offense and is brought to the police station for booking that a cheek swab of the arrestee’s DNA is allowable. […] READ MORE

Beating the State: Third Century Christianity in the Third World Today
A spectre is haunting Communism. It is the spectre of churches without buildings. If there were a Christian Karl Marx today, his Manifesto of Third World Christianity could begin with these words. In 1973, in his last years, Mao’s persecution had reduced the number of Protestants in China to something in the range of 3 […] READ MORE

Canadians Moving To US To Retire
It’s far from uncommon for Americans to retire abroad—the combination of exotic surroundings, lower rent and cheaper medical care can be irresistible for a retiree with wanderlust and an undernourished nest egg. But Yanks aren’t the only gray-haired migrants in North America: As Kathy Kristof reports this month for Financial Planning magazine, many Canadians are […] READ MORE

Will Tesla Be Able To Keep Up Strong Gains?
Tesla Motors, Inc., its stock trading at an all-time high, releases fourth-quarter results Wednesday after the market’s close. Analysts surveyed by FactSet see it earning 22 cents a share, sharply reversing a year-ago loss. Those same analysts see it posting revenue of $679 million for the quarter, more than doubling the $306 million reported a […] READ MORE

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