One nation just abandoned joining the European Union
Its supporters like to think of the European Union as an indivisible union bound to rule all of Europe. But Switzerland is saying “Non, no, nein, na.” For 24 years the Swiss government has continuously kept an application alive to join the European Union, despite a referendum otherwise. But now it has finally been abandoned. Switzerland will remain independent.
Putin joins the EU in declaring war on American data centers
Traditionally the US has been the world’s powerhouse for Internet data centers. We are the global hub of the Internet, and people put servers here. That’s been great for freedom on the Internet, since we don’t censor and strongarm like other countries do. Well, thanks to Edward Snowden’s propaganda, that’s changing. Russia is demanding that data be stored in Russia, where Putin can gain control, | Read More »
Is the European Union Destined to Fail?
On today’s edition of Coffee and Markets, Brad Jackson and Allysen Efferson are joined by Jed Babbin to discuss Russia’s expanded role in Syria, the Ted Bromund of the Heritage Foundation discusses if the U.S. should still support the European Union.
Read More »
Europe goes protectionist on data, ends Safe Harbor system
The European Union has this fantasyland idea that regulation can fix the privacy problem; or at least with respect to private corporations. EU Directive 95/46/EC on Data Protection, which took effect in 1998, prevents private businesses from sending data outside of the EU. The massive regulatory state does not have to comply with any of its privacy protections. However international commerce is greatly threatened by the | Read More »
Greece discovers that the European Union has altered the deal.
Greece is discovering that the European Union has no sense of humor about defaults.
Read More »
The Greek Socialists are Full of It
Back on January 25th, Greece’s Coalition of the Radical Left, also known as Syriza, won a plurality of the vote in the country’s elections, and joined with a smaller party, they became the country’s governing party. The most important part of Syriza’s platform was that they were radically anti-austerity. In his victory speech, leader and now Prime Minister Alexis Tsipras said the following, per the | Read More »
Spain’s Radical Left is on the Rise, too.
By now we are all aware of Syriza’s win in the Greek elections last week. In the postmortem analyses, more than a few observers have wondered if the radical Left’s success in Greece will embolden similar parties in other European nations. Now, it looks like we’re starting to get our answer. In Spain, who probably has the worst economic and fiscal situation in Europe outside | Read More »
Know Who’s Pleased by Syriza’s Success in Greece? Vladimir Putin.
The success of Greece’s Coalition of the Radical Left, also known as Syriza, in the country’s parliamentary elections this past weekend is creating headaches for the European Union, but there’s at least one person in Europe who’s pleased with this development: Vladimir Putin. Russia’s Moscow Times minces no words with their headline “Greek Election Wins Putin a Friend in Europe“. The article is full of | Read More »
Tech at Night: Europe getting frisky about regulating America
It’s Thanksgiving so I’m going to go quickly tonight. Happy Thanksgiving. It is worth noting that the European Union is currently starting to get more aggressive about trying to regulate other countries, and businesses in other countries. We all know Barack Obama won’t lift a finger, but we should be mindful for Congressional action, at the very least.
US and EU impose new sanctions on Russia.
The smart set running what passes for diplomacy in US and the EU have released a new array of sanctions against Russia. These are a belated response to Russia’s fomenting a bloody civil war in Ukraine but in reality were only brought on by Russian armed, Russian trained, and Russian led ‘separatists’ shooting down a Malaysia Air passenger jet. In a press conference at the | Read More »
Democrats choose European Union over Great Britain.
And the Democrats don’t even have the common decency to do it in public. The Obama administration has warned British officials that if the UK leaves Europe it will exclude itself from a US-EU trade and investment partnership potentially worth hundreds of billions of pounds a year, and that it was very unlikely that Washington would make a separate deal with Britain. The warning comes | 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 »
Tech at Night: FCC’s own snooping scandal? Also, Collins turns on Obama on cybersecurity
Remember the Google Wi-Spy Street View scandal? A seemingly-harmless survey of the country turned into a massive snooping operation, and the FTC smacked them for over 20 million dollars. Well, not only is FCC now wasting money with a survey of Internet speeds, but it turns out that the FCC program runs the risk of warrantless snooping of its own!
We need strong, reformist regulators to be appointed in the next administration to stop stuff like this.
Read More »
, Barack Obama
, Dick Lugar
, European Union
, Kim Dotcom
, New Zealand
, Olympia Snowe
, Safe Web Act
, SECURE IT
, Susan Collins
, Tech at Night
, War on Terror