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            The TEA PARTY ECONOMIST
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            Tuesday, September 24, 2013




            What Will ObamaCare Cost You, Beginning on January 1? Do You Know?
            You don’t know, do you? I do. It will cost me nothing. I am on 
Medicare. It will 
cost my wife nothing. She is exempt: Christian Health Care Ministries. But what 
about you? 
Do you know? Do you know how much higher your premiums will be as a result of 
all those 
newly covered citizens […] READ MORE

            Shutdown: ObamaCare (No) and the Federal Government (No)
            The House of Representatives is making a symbolic attempt to shut 
down 
ObamaCare. The members know that they cannot get this through the Senate. Obama 
would veto 
it even if they could. Why are they doing this? Because they can. They can let 
the voters 
back home know that they are taking a stand. They […] READ MORE

            Incumbents’ Achilles’ Heel: Their Vote on Congress’s Exemption from 
ObamaCare
            Congress has voted to cover all health insurance premium increases 
of their 
staffs, due to ObamaCare. The staffers were going to quit. Some Congressmen and 
Senators 
argued publicly for an exemption. What will happen to them in November 2014 if 
their 
opponents use this against them? Maybe nothing, if their opponents in the 
primary use […] 
READ MORE

            Washington Post Article Identifies FED Chairman as #2 in Power
            In an article describing the Federal Reserve System, the author 
comes to this 
conclusion: Oh, you want power rankings? I’d put the Fed chair at the second 
most powerful 
person in the United States. The president comes first. But consider the 
alternatives for 
the No. 2 slot: The vice president’s only formal power is to […] READ MORE

            Media Begin Orchestrating the Celebration: the FED’s 100th Birthday
            We are beginning to see a coordinated media celebration of the 
Federal Reserve 
System. This is in preparation for the 100th anniversary of its creation just 
before the 
Christmas holidays in 1913, when the bill was passed by a handful of Senators 
and signed 
into law within two hours by President Wilson. The Establishment media’s […] 
READ MORE




            Autonomy of the Federal Reserve Is Praised by Media
            With the 100th birthday celebration of the FED coming in late 
December, the 
media have begun serving as the FED’s “Amen corner.” This Associated Press 
article on Janet 
Yellen is typical. Her main qualification is said to be her independence of the 
President. 
WASHINGTON (AP) — Janet Yellen is now the clear front-runner to be […] READ 
MORE

            Video: Spoofing Apple (and NSA)
            This is fun. Trust me. READ MORE

            No Taper. Of Course.
            The financial media have been hyping the taper since mid-June. As 
September 18 
drew near, the media were filled with predictions of a taper. As you know by 
now, I regarded 
the entire thing as nonsense. Bernanke announced no change. So, what else is 
new? The Wall 
Street Journal announced the news within minutes. The […] READ MORE

            The FED Does Not Control the Federal Funds Rate
            In an article on the Federal Reserve’s mythical September taper, 
which the 
financial media invented last June and never challenged, the editors at 
Bloomberg wrote 
this. How, then, can the Fed give companies the confidence they need to hire 
and invest, and 
get the market’s mind off tapering? A clue can be found in the […] READ MORE

            “Go Fish”: Companies Tell Employees to Find Their Own Health 
Insurance Policies
            Walgreen’s is the latest firm to drop an in-house health insurance 
plan. It will 
pay workers a flat rate. Workers will then have to find a decent plan. Workers 
will soon 
find how slim the pickings are. This may make insurance companies more 
competitive. But 
there is a huge problem. Large companies got low rates […] READ MORE






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