Barack Obama’s Middle East interventions have replaced stable and neutral despots in Egypt and Libya with anti-Western despots and chaos.
WORLD
Reality Versus Mirages in Egypt
Barack Obama’s Middle East interventions have replaced stable and neutral despots in Egypt and Libya with anti-Western despots and chaos.
What Egyptians Need
What Egypt needs most — reforms that create economic liberty.
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...
Chavez’s Socialism Has Been a Disaster
Hugo Chavez’s socialism has been a complete and utter disaster. Especially for the poor.
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...
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...
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 Biggest Loser: Switzerland Outsources Their Monetary Policy To The Eurozone
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 various...
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...
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...
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...
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...
A Letter to Cuba’s American Prisoner
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.
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...
Bail Out Europe? How About Stopping the Insanity?
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,...
Germany Faces Political Isolation
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...
Now France Has a Socialist President Too
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...
Germany’s Mixed Signals
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 Germany's internal...
Sarkozy Trade: France May Be Losing Its Head…Europe Soon To Follow?
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...
Austerity Fires Voter Vengeance Against Euro
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 major international monetary crisis.
BRICS Summit: Brazil, Russia, India, China, and South Africa
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 of the world's...
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