Tuesday, March 25, 2014

THE TEA PARTY ECONOMIST 03/25/2014

This Teenager Knows The Law And Gave A Local Officer A Ticket
When 14-year-old Annie James, of Baytown, Texas, saw a police car illegally parked in her neighborhood, she decided to teach the officer a lesson. So she hand-wrote a $10 parking ticket and placed it on Officer Tommy King’s windshield, whose patrol car was parked in a fire zone at the Bay Oaks apartment complex. “I […] READ MORE

This “Simple” Common Core Assignment Confused An Electrical Engineer
One purported father’s response to his child’s Common Core math assignment is making waves around the Internet. Posted to a popular conservative politically-oriented Facebook page, a fed-up dad appears to have authored a hard-hitting note to his child’s teacher in the space given to provide an answer. “Jack used the number line below to solve […] READ MORE


G-8 Down To G-7 As Leaders Exclude Russia From Meeting On Sanctions
The world’s top industrial powers threatened further sanctions to deter Russian President Vladimir Putin from taking over other parts of Ukraine and suspended Russia from participating in the Group of Eight. Meeting for the first time since last week’s annexation of Crimea by Russia, Group of Seven leaders said last night they won’t attend a […] READ MORE


Does the Bible Mandate Obama’s Minimum Wage Law?
The governor of Illinois recently said on national television that the minimum wage law should be passed by the legislature of Illinois because there is a fundamental principle involved. It goes back to the Bible, he says. The principle is this: if you work 40 hours a week, you should not have to live in […] READ MORE

4 Years After Promises, Obamacare Not Yet A Viable Solution
Sunday marked the four year anniversary of President Barack Obama signing the Affordable Care Act into law, and two prominent Florida lawmakers had very different takes on the occasion. In a video released over the week end, U.S. Sen. Marco Rubio, R-Fla., called the law a “disaster,” insisting it can still be repealed. “We cannot […] READ MORE

Turkey Claims To Have Shot Down Syrian Plane After Border Violation
Turkish fighter jets shot down a Syrian warplane after it violated Turkey’s airspace Sunday, Turkey’s prime minister said, in a move likely to ramp up tensions between the two countries already deeply at odds over Syria’s civil war. A spokesman for Syria’s military confirmed the incident, saying the plane was downed in Syrian airspace while […] READ MORE

Drudge Has Twitter Exchange With White House Aide Over Obamacare
A White House aide set off a stampede of liberal media criticism for Internet news pioneer Matt Drudge over Obamacare – but his critics don’t seem to understand how small businesses pay taxes. The brouhaha started when Drudge tweeted: Jesse Lee, the Director of Progressive Media at Barack Obama’s White House, responded that that was […] READ MORE

This Map Ranks The States From Best To Worst On Tax Rates
Hate paying taxes? Then consider a home on the range, and keep as far away from New York as possible. The tax burden the average American pays varies tremendously, and depends a lot on where you live, according to a study by financial social media company WalletHub. The study ranked all 50 states and the […] READ MORE

Bitcoins Not Gaining Momentum Despite Mt. Gox Finding A Portion Of The Missing Ones
Major bitcoin exchange Mt. Gox said it had found nearly a quarter of the bitcoins it previously said were lost, raising questions about how much of the missing total could eventually be recovered. Mt. Gox Chief Executive Mark Karpelès said in a document released Thursday that the firm had found 200,000 bitcoins in a wallet […] READ MORE

Non-Disparagement Clauses Can Reduce Citizen’s Free Speech
By signing on the dotted line, or agreeing to those endless terms of service, some customers are unwittingly giving away their right to free speech. Specifically, the right to write negative online reviews. Experts say that more companies from wedding photographers to dentists are slipping non-disparagement clauses (and other language that prevents consumers from writing […] READ MORE

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