Energy Week in Review
Dispatch from the Oil Patch for the week ending March 29, 2013
Read More »Cyprus
Cyprus Deal Takes 40% of Depositor Cash
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the the deal struck in Cyprus, how it’s similar to Obama’s GM takeover and Larry Kudlow’s change of heart on Ben Bernanke.
Read More »Cyprus on the Brink of Collapse and the London Whale Hearings
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the the latest on the financial crisis in Cyprus, the Russian involvement and JP Morgan’s London Whale hearings.
Read More »The Demon Behind the Benevolent Mask of the Welfare State II: Property Rights Edition
“While assessing the proposed additional levy on bank accounts in Cyprus, Putin said that such a decision, should it be made, would be unfair, unprofessional and dangerous,” Kremlin spokesman Dmitry Peskov told journalists.
It’s rare that I find myself admiring Vladimir Putin as a human rights visionary. It was a glaring omission from the syllabus back when the KGB used to train agents for USSR. Be that as it may, even Communists and Fascists sometimes make valid points. It makes their evil all the more pernicious, but it doesn’t make Vladimir incorrect in his assessment of the Eurozone’s behavior towards Cyprus this past weekend.
Read More »Delaying the Great, Green Luxury Tax
Despite many improvements in air and water quality, the planetary environment on Earth remains less than perfect. Skeptics disbelieving this statement are inclined to point out the flawed and dishonest science of Michael Mann and his happy band of chic climate agonists. They then remind us all of the baronial arrogance behind such monstrous legislation as The Warmer-Lieberman Climate Stewardship Act. Defending my statement against these mockers is as easy as googling “China, drinking water, dead pigs.” The Tragedy of The Commons described by Garrett Hardin has truly come to pass in much of the Modern World.
So the knee-jerk reaction to all of this is to assume the Left is right and that we have no hope of salvation without an industry-crippling carbon tax. One way to test the truth of this hypothesis would be to examine the actions of powerful, Left-leaning political figures empowered to work their will on environmental policy in the face of ineffective opposition. If they really had the answer, and the field was clear for Red Grange to run wild, then they would be off to the end zone with the latest Carbon Tax or regulatory ukase. Yet in both Europe and in America, such is not the case, and therein lies an interesting tale.
Read More »Cyprus Seizes Taxpayer Money to Stave Off Crisis
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the bailout of Cyprus, the government’s choice to seize money from the bank accounts of its citizens and if this may lead to the collapse of the Euro Zone.
Read More »Cyprus to raid private bank deposits, on orders from European Union.
Basically, it goes like this: the EU bails out Cypriot banks to the tune of 10 billion euros, in partial exchange for a 6.75% to 9.9% raid on Cypriot personal accounts (which is supposed to net about 5.8 billion euros in revenue), collectable probably now Tuesday*. See also here, here, and here. Naturally, the subjects of Cyprus (I can’t in either good conscience or grammar | Read More »
Moving Beyond Decipherment: A Holistic Approach to an Unreadable Script
THE ‘CYPRO–MINOAN’ SCRIPT of Bronze Age Cyprus has baffled scholars since its discovery at the turn of the twentieth century. Though it has been found in several locations on Cyprus and at the Late Bronze Age trading emporium of Ugarit on the Syrian coast, several missing pieces have prevented this script from being deciphered, despite decades of concerted attempts to unlock its meaning and read its | Read More »
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