Tuesday, March 11, 2014

THE TEA PARTY ECONOMIST 03/11/2014

Market Seems Bullish, But Bearish Conditions Are Certainly Lurking
The stock market in recent years has performed dismally. Of course, you’d never know that by reading the headlines, which have been celebrating the fifth anniversary of the bull market that began on March 9, 2009. Yet if you expand your historical perspective by just 18 more months — to the October 2007 bull market […] READ MORE
Recent Carry License Owner Saves His Mother’s Life
When a knife-wielding burglary suspect broke into an elderly woman’s home in Seymour, Tenn., on Wednesday night, he had no idea her son was only two minutes away — and armed. If he had, he surely wouldn’t have still been there when he arrived. Colin Patrick Lynch, 29, was eventually arrested and charged with one […] READ MORE


Senator Reveals Billions Being Wasted On Global Warming
Sen. James Inhofe (R-Okla.), ranking member of the Senate Armed Services Committee, said Wednesday at a hearing on the Defense Department’s Fiscal Year 2015 budget that President Barack Obama has wasted $120 billion on global warming over the past five years – money that would be better spent on the military. “I’ve been working on […] READ MORE

Video: Reporter Resigns Protesting Putin’s Whitewash
RT America anchor Liz Wahl quit on air, citing the “ethical and moral challenges” she faces at Russia Today. Mediabistro Editorial Director Chris Ariens discusses the issues American journalists face working for government-sponsored media. READ MORE
Ted Cruz Says Obamacare Repeal Not Impossible
Texas Republican Sen. Ted Cruz can’t understand why the mainstream media views the repeal of Obamacare as a “bizarre proposition,” noting that the healthcare bill is “the most unpopular law in the country.” Cruz spoke with ABC’s Jon Karl about his promise to “repeal every single word of Obamacare” while at CPAC this week. “We […] READ MORE
This Senator Thinks Tea Party Will Make Huge Gains In Midterm Elections
Senate Minority Leader Mitch McConnell (R-Ky.) says he isn’t worried about tea party-backed candidates challenging GOP incumbents in this year’s midterm elections. “I think we are going to crush them everywhere,” McConnell told the New York Times in an interview published Saturday. “I don’t think they are going to have a single nominee anywhere in […] READ MORE
Marijuana May Be Legal But As This Teen Found It’s A Privilege Not A Right
A Texas teenager set his mother’s clothes ablaze after the woman refused to provide him money to purchase marijuana, authorities said. The Harris County Fire Marshall’s Office said John Carter, 18, started setting his mom’s wardrobe on fire after she declined to give him money for drugs. “Our investigation found that 18-year-old John Carter was […] READ MORE
Felon Arrested For Trying To Sell A Gun At A Gun Show
The phrase convicted felon makes most people’s ears perk up. There is a stigma associated with those that have been convicted of a felony crime. Without any background knowledge of the nature of the felony conviction or the atmosphere the crime took place, the word “felon” has the ability to define a person. The truth […] READ MORE
An Inexpensive State For Retiring On The Beach
Retirees seeking the retirement trifecta — golf, the beach and warm weather — often flock to pricey places like Hilton Head, Palm Beach or Santa Barbara. But sugar-sand beaches, sunshine and some of the best golf in the nation can be had at a much lower price in Alabama. The northern part of the state […] READ MORE
Former Head Of Welfare Department Caught In Embezzlement Scandal
The former Director of the Blackfeet Tribe’s Temporary Assistance for Needy Families (TANF) program has plead guilty to embezzlement and fraud after stealing nearly $300,000 from the federally funded program. Between 2006, when Sandra Marie Sanderville became director, to her dismissal in 2010, Sanderville devised schemes in which she would overpay TANF beneficiaries, who would […] READ MORE

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