Wednesday, April 2, 2014

THE TEA PARTY ECONOMIST 04/02/2014

Home Prices Reach Peaks in 4 States
Despite harsh weather, home prices in the U.S. held up in February, with four states setting record highs, according to CoreLogic data released Tuesday. Home prices in Colorado, Nebraska, North Dakota and Texas hit peaks, and another 18 states were within 10% of their peak prices (see the above chart from CoreLogic). Factors driving home […] READ MORE

Sniper’s Accuracy And Creative Thinking Prevent Terrorist Attack
Talk about biting the bullet! Or, getting the biggest bang for your buck. During a December 2013 operation in Afghanistan, a British sniper killed six Taliban fighters with a single bullet. British and Afghan forces were attacked by 15-20 Taliban fighters during a mission in southern Afghanistan. One of the men was wearing an explosive […] READ MORE


Video: Pelosi Won’t Make Obamacare Central Part of Reelection Campaign
While Democratic House Minority Leader Nancy Pelosi took an Obamacare victory lap Tuesday afternoon, she appeared hesitant to make the law the central plank in her party’s push to win in 2014, telling reporters that “while we’re proud of the Affordable Care Act, we now pivot to jobs.” Pelosi appeared in front of the White […] READ MORE


How to Give Away a Billion Dollars
Yesterday, I wrote an article about the difficulties associated with giving away $1 billion in a 12-month period. I said that I would deal today with how I would do it. Here’s how I would do it. In giving away money, I want to get the most bang for my buck. That phrase comes out […] READ MORE

Student Fed Up With Common Core Gives Smart Answer To Math Problem
The litany of frighteningly stupid Common Core math worksheets never ends. Perhaps now, though, kids are starting to fight back in satisfyingly creative ways. An alert reader sent The Daily Caller this image of her seven-year-old son’s perfectly reasonable homework answer. The boy attends a public elementary school in San Jose, Calif. He is in […] READ MORE

Video: Kathleen Sebelius Speechless After Being Told Obamacare Isn’t Popular in OK
Health and Human Services Secretary Kathleen Sebelius responded with deafening silence when a KWTV-TV reporter explained to her how unpopular Obamacare is in Oklahoma. “At last check, 64 percent of Oklahomans aren’t buying into the health care plan, they don’t like Obamacare, and they’ve been pretty vocal about it,” the reporter said. “Now that’s going […] READ MORE

What Would You Do With a Billion Dollars to Give Away?
The following exercise will give you a way to examine what you really think about the world around you, and how to improve it. Let me sketch a plausible though highly unlikely scenario. A billionaire is told by his physician that he has a terminal disease. He is going to be dead in 18 months. […] READ MORE

ObamaCare Site Down Again Just Ahead Of Deadline
For the past few weeks, U.S. officials and government contractors have been pleased with the performance of the HealthCare.gov website. But Friday brought a reminder of the site’s disastrous rollout when it suffered an unexpected outage just days before a crucial enrollment deadline. The outage, which was resolved after three hours, underscored the challenges as […] READ MORE

Amateur Video Shows Road Rage Offender Losing Control, Leads To Police Charges
Imagine this: you’re being tailgated and finally the offending vehicle passes you, flipping the bird as they sail by as if you were the one doing something wrong. You take a deep breath, exhale slowly and try to take comfort in thinking that someday justice will be served. That’s probably what a Florida driver thought, […] READ MORE

Minimum Wage of $10.10? Check Out Which State Has Instituted This!
Connecticut raised its minimum wage $10.10 an hour from the previous $ 8.70 an hour over the next three years, surpassing Washington as the highest in the country, reports Reuters. President Obama and congressional Democrats want to raise the federal minimum wage to $10.10 an hour. Connecticut Gov Dannel Malloy, a Democrat, signed the legislation […] READ MORE

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