Obama and John Kerry have “struck a deal” with Iran. We’re now supposed to breathe easier. Because of this deal, we’re told, Iran will no longer be building nuclear weapons in order to destabilize the Middle East (translation: our oil supply) any more than it already...
Barack Obama’s Middle East interventions have replaced stable and neutral despots in Egypt and Libya with anti-Western despots and chaos.
Barack Obama’s Middle East interventions have replaced stable and neutral despots in Egypt and Libya with anti-Western despots and chaos.
What Egypt needs most — reforms that create economic liberty.
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...
Hugo Chavez’s socialism has been a complete and utter disaster. Especially for the poor.
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...
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...
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...
In Switzerland, it’s not just the clocks that are cuckoo. Over the past four years Swiss politicians and central bankers have gone on an unprecedented buying spree of foreign exchange reserves. In 2012, their cache swelled to as much as $420 billion worth of...
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...
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…
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...
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,...
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...
Soon, we may live to see what was once unthinkable: the reality of a nuclear Islamicist Iran. What should have been a simple smackdown of a primitivistic, barbaric regime by a global superpower has festered for over 30 years into a crisis of catastrophic proportions....
We need an urgent end to faith-based appeasement.
It gives me great sadness to say that inside the Communist boot that now tramples upon your dignity is the foot of the American president, Barack Obama.
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.
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...
Many are saying that the United States should bail out European economies. The rationale is self-interest. “If European economies go under, then the U.S. will go with them.” If the U.S. was not making the same kind of mistakes that European economies have been making,...
One month ago it appeared that Germany held the whip hand in its titanic struggle against those seeking to cure all economic ills with the snake oil of currency debasement. Now, it appears that the ground beneath its feet is being swept away in a flood of popular...
France now has something in common with the United States: A Socialist President. Welcome to the club, France! Not that this represents a big change. The last president of France was nothing more than a corrupt guardian of that country’s massive entitlement and...
Last week’s media headlines focused on how the election results in France and Greece reflected a wave of rising public resistance across Europe to the austerity programs being championed by Germany, the IMF, and the EU. Less notice has been given to...
According to the European Central Bank, the Italian banking industry now holds more government debt than the banks of any of the major European economies: nearly €324 billions worth of shaky bonds. The Spanish banking sector is also heavily overweight in government...
Though there can be little doubt the euro would survive without the Greeks or the Spanish, there is greater doubt of the euro surviving without the Germans solidly behind it. As the world’s second largest reserve currency, the collapse of the euro would precipitate a m…
Last week, the leaders of Brazil, Russia, India, China, and South Africa met in New Delhi for their fourth annual “BRICS” summit. The meeting brought together five countries that together represent 43 percent of the world’s population and 18 percent...
Associated Press reports: “Iran’s powerful Revolutionary Guard began military exercises Saturday in the country’s south, the latest show of force after threats to close the strategic Strait of Hormuz in retaliation for tougher Western sanctions. The...
Former U.S. ambassador to the United Nations John Bolton, referring to Barack Obama and his foreign/defense policy: “He’s not only the most radical President in history domestically; he is the first President, Republican or Democrat, at least since...
Q: For those of us who don’t understand the issue, can you explain why you believe that Iran is so dangerous and why we must prevent them from obtaining a nuclear weapon? A: I’ll give you not one reason, but many reasons. Iran has been the # 1 government...
Associated Press reports: Military action against Iran could have unintended consequences, Defense Secretary Leon Panetta said, sounding the administration’s strongest reservations about a strike since the release of a new report on Tehran’s escalating...
In the movie “Titanic” — and most likely during the real-life event, as well — a top aide to the ship’s Captain spotted trouble ahead and shouted, “Iceberg!” The warning, as we all know, was not heeded in time. Consider this...
Latest pro-Capitalism goodness sent weekly to your email box.
No spam. Unsubscribe anytime.