Archive | World

Crying for Argentina

If the Argentinians can reduce the size of their government and turn it from ruining the economy to protecting individual rights, there will be much to cheer for in Argentina.

Obama’s Muslim Regime in Egypt Bites the Dust

The Obama administration-backed Egyptian government, backed in turn by the West-hating Muslim Brotherhood, has fallen. Egypt will install a new and improved government. Who knows how long that will last? But from America’s perspective, that’s not the point. The point is that the United States sends $1.5 billion annually in military and economic “assistance” to […]

Germany Under Pressure To Create Money

Currently, central banks around the world are walking in lock step down a dangerous path of money creation. Led by the Federal Reserve and the Bank of Japan, economic policy is driven by the idea that printed money can be the true basis of growth. The result is an unprecedented global orgy of currency creation. […]

Thatcher’s Revolution

Daniel Yergin, Pulitzer Prize-winning American author, energy scholar and economics researcher, wrote recently that the passing of Margaret Thatcher provides “a timely reason to ask: What was the Thatcher Revolution about?” Yergin explains that he tackled that same question 15 years ago and “decided the best way to answer it was by asking Thatcher herself.” […]

Cypriot Chaos Assists EU Centralization

Remarks by members of the European Union’s elite suggesting that banking deposit seizures may become standard practice appear to have heightened the risk of a European bank run and perhaps even a catastrophic collapse of the euro. Any threat to the euro is a threat to the European public’s conception of the Union’s manifest destiny. […]

EU Financial Tax Portends Loss of Market Leadership

Although it was barely noticed by the American press, on January 22nd, EU finance ministers approved a new “Financial Transactions Tax” (FTT) that has implications for market competitiveness around the world. The move was conceived as a Franco-German initiative and was supported by seven other EU nations, including the entire bloc of highly indebted southern tier […]

Hillary Clinton’s Hissy Fit

From forcing Americans into the enslavement of the medical profession, which is being accomplished by the man who defeated her and conferred her current diplomatic status, to leading what may be the worst foreign policy in American history, with major progression toward nuclear weapons by our arch-enemies, Hillary Clinton, despite her facade of competence, is a failure and a fraud in every respect.

German Gold Claw Back Causes Concern

Last week the Bundesbank (the German central bank) surprised markets around the world by announcing that it will repatriate a sizable portion of its gold bullion reserves held in France and the United States. To many, the news from the world’s second largest holder of gold signaled a growing, if clandestine, mistrust among central banks, […]

France and the UK Could Be the Lynchpins of Europe

Over the past two months, Europe’s problems seem to have disappeared from the headlines. However, the new French Socialist government is pushing ahead with policies that favor significantly higher government spending, greater regulation of business and commerce, and severely higher taxes on high earners. The long term effects of these policies, which I believe will […]

Depardieu is Right: Social Democrats Spit on Success

CNN.com reports: France’s socialist administration wants to raise taxes on citizens earning more than 1 million euros ($1.3 million) annually to 75%. The Russian Federation has a flat income tax rate of 13%, RIA Novosti reported. France’s constitutional council struck down the top tax rate measure at the end of last year, but President Francois […]

A One-Sided Suicide Pact with Islam in Germany

Soeren Kern, writing for the Gatestone Institute in his November 16th article, “Islam Needs a Fair Chance in Germany,” reported a significant development in Germany that portends dire consequences for that benighted nation and for all of Europe: the city of Hamburg signed a “treaty” with organizations representing its Islamic population. The “treaty” features a […]

Germany Loses to Italy, Again

Poll after poll makes it perfectly clear that the German people have no interest in exposing their hard-earned savings to the ravages of unending bailouts and currency debasement.

European Leaders Play With Fire

The world economy today stands at the doorstep of great change. A gathering crisis looms in Europe, splitting the Continent into two competing blocs. While leaders there face off against one another in a high stakes game of chicken, the rest of the world powerlessly watches the train wreck slowly unfold. Political leaders on both […]

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