Why the world needs more U.S. government debt ... Are government-imposed restrictions holding back the U.S. economy? In a way, yes: The federal government is causing great harm by failing to issue enough debt. The U.S. generates more income than any other country, and will keep doing so for many years to come. The federal government can generate a lot of revenue by taxing this income — a p...Read More
Trump's World to watch as Trump outlines his foreign policy ... Critics have accused the Republican front-runner of bigotry and posing a danger to U.S. national security. Many foreign policy and defense advisers say his views are worrying, mingling isolationism and protectionism, with calls to force U.S. allies to pay more for their defense and proposals to impose punitive tariffs on some import...Read More
It became clear that the best way to stay competitive and protect the business for long-term is to move production from our facility in Indianapolis to Monterey, Mexico. – Carrier Air Conditioning spokespersonBack in February, workers at a Carrier air conditioner manufacturing plant in Indianapolis filmed a company spokesman informing employees that 1,400 jobs would be moved to Mexico. The s...Read More
Why the world needs more U.S. government debt ... Are government-imposed restrictions holding back the U.S. economy? In a way, yes: The federal government is causing great harm by failing to issue enough debt. The U.S. generates more income than any other country, and will keep doing so for many years to come. The federal government can generate a lot of revenue by taxing this income — a p...Read More
Barack Obama and the end of the Anglosphere ... When supporters of the Vote Leave campaign sketch out a future for Britain outside the EU, they often point to the Anglosphere of English-speaking nations - bequeathed by Britain's imperial past. So Barack Obama's intervention in Britain's EU referendum last week was a potentially devastating moment for the Brexit campaign. - Financial TimesThis fasc...Read More
White House poised to release secret pages from 9/11 inquiry ... The Obama administration will likely soon release at least part of a 28-page secret chapter from a congressional inquiry into 9/11 that may shed light on possible Saudi connections to the attackers. -APWe've run a number of stories on the disintegration of Saudi Arabia but Western attacks against the House of Saud keep on coming.In...Read More
For the next two days, the Committee that controls the world will be huddled in the ivory tower known as the Eccles Building in D.C. There, ten people will tediously examine the data, look at the forecasts, and weigh options for an economy with a GDP of $17 trillion, a population approaching 320 million, and an official national debt of over $19 trillion.This committee with unlimited, unquestioned...Read More
Barack Obama and the end of the Anglosphere ... When supporters of the Vote Leave campaign sketch out a future for Britain outside the EU, they often point to the Anglosphere of English-speaking nations - bequeathed by Britain's imperial past. So Barack Obama's intervention in Britain's EU referendum last week was a potentially devastating moment for the Brexit campaign. - Financial TimesThis fasc...Read More
White House poised to release secret pages from 9/11 inquiry ... The Obama administration will likely soon release at least part of a 28-page secret chapter from a congressional inquiry into 9/11 that may shed light on possible Saudi connections to the attackers. -APWe've run a number of stories on the disintegration of Saudi Arabia but Western attacks against the House of Saud keep on coming.In...Read More
For the next two days, the Committee that controls the world will be huddled in the ivory tower known as the Eccles Building in D.C. There, ten people will tediously examine the data, look at the forecasts, and weigh options for an economy with a GDP of $17 trillion, a population approaching 320 million, and an official national debt of over $19 trillion.This committee with unlimited, unquestioned...Read More
2016 Campaign's Populist Tone Rankles America's CEOs ... Chief executives at big American companies are increasingly frustrated by the populist tone of the presidential campaign, and concerns are mounting in boardrooms and corner offices that anti-business rhetoric may solidify even after the November election. – Wall Street JournalThis Wall Street Journal article makes the point that Trum...Read More
Washington Launches Its Attack Against BRICS ... Washington is now disposing of the reformist President of Brazil, Dilma Rousseff ... In Brazil, Washington has used corruption insinuations to get President Rousseff impeached by the lower house. Evidence is not necessary, just allegations. It is no different from "Iranian nukes," Saddam Hussein's "weapons of mass destruction," Assad's "use of che...Read More
2016 Campaign's Populist Tone Rankles America's CEOs ... Chief executives at big American companies are increasingly frustrated by the populist tone of the presidential campaign, and concerns are mounting in boardrooms and corner offices that anti-business rhetoric may solidify even after the November election. – Wall Street JournalThis Wall Street Journal article makes the point that Trum...Read More
Washington Launches Its Attack Against BRICS ... Washington is now disposing of the reformist President of Brazil, Dilma Rousseff ... In Brazil, Washington has used corruption insinuations to get President Rousseff impeached by the lower house. Evidence is not necessary, just allegations. It is no different from "Iranian nukes," Saddam Hussein's "weapons of mass destruction," Assad's "use of che...Read More
The Panama Papers are going to be made into a movie as Western anti-privacy propaganda grinds on.The Panama Papers comprise 11.5 million emails hacked from the computers of Mossack Fonseca, a provider of corporations, trusts, shell companies and other legal structures that enhance privacy and anonymity.While those whose names appear in the 11.5 million emails have come under suspicion of criminal...Read More
The Panama Papers are going to be made into a movie as Western anti-privacy propaganda grinds on.The Panama Papers comprise 11.5 million emails hacked from the computers of Mossack Fonseca, a provider of corporations, trusts, shell companies and other legal structures that enhance privacy and anonymity.While those whose names appear in the 11.5 million emails have come under suspicion of criminal...Read More
China’s Economic Recovery Masking Financial Risks, Fitch Says ... Are We Heading Back Into China Markets Turmoil? ... -BloombergChina is run by a communist party but its policies are increasingly mercantilist and reminiscent of European and US strategies.Whether the world is run out of Washington or Beijing, the economic, political and military approach is increasingly similar.China is i...Read More
China’s Economic Recovery Masking Financial Risks, Fitch Says ... Are We Heading Back Into China Markets Turmoil? ... -BloombergChina is run by a communist party but its policies are increasingly mercantilist and reminiscent of European and US strategies.Whether the world is run out of Washington or Beijing, the economic, political and military approach is increasingly similar.China is i...Read More
EU Has Meddled Too Much, Admits Boss Juncker ... More The European Union meddles too much in people’s lives, according to its most senior official. In a significant admission, Jean-Claude Juncker said a lot of the laws made in Brussels should have been left to national governments. As a result the EU has lost popularity with ordinary people because they feel it over-regulates, the Euro...Read More
Proposed world children’s court would punish abuses, slavery ... An international court should be set up to punish those responsible for child labor and other forms of abuse against children, former British Prime Minister Gordon Brown told the United Nations on Monday. - Thomson Reuters FoundationGlobalism proceeds apace. Last week Western leaders took aim at financial privacy and suggested...Read More