Greece or the U.K. – How Will the U.S. Respond to Austerity?
In the wake of WWI, the world was thrown into a global depression. This was far worse than any recession that has followed. The dominant powers of the day, US, Germany, England, Spain, Italy, Russia, who controlled the global market, were experiencing massive debt, unemployment, and governmental instability. Each nation responded in a similar way – big activist governments typified by nationalism and socialism – | Read More »
Breaking: US Embassy In Paris Receives Poisoned Mail — Three Hospitalized.
Reuters: www.reuters.com/article/idUSTRE66T1ZJ20100730 Three employees of the U.S. embassy in Paris were being treated for poisoning on Friday after opening mail, but there was no immediate information on the seriousness of their condition, police said. A spokesman for France’s judicial police said a mobile laboratory had been deployed at the embassy to test for poisonous substances. He said that, as the incident occurred at a U.S. | Read More »
France working from both sides of their white flag.
Video from Breitbart TV: France declares war on Al Qaeda. www.breitbart.tv/france-declares-war-on-al-qaeda President Nicolas Sarkozy vowed on Monday to punish al Qaeda’s north African wing after confirming the death of a 78-year-old French hostage kidnapped in Niger. —————— France’s President Sarkozy’s gonna whup up on the bad-seed Quranimals eh ? Somebody’s got some ‘splainin’ to do then……… Read on: —————— France raises Palestinian diplomatic status. www.worldbulletin.net/news_detail.php?id=61860 | Read More »
Europe is Addressing Their Debt – Will We Follow?
Vacations are a time to forget about the stresses of the real world. A time when you can drop work, loosen up the purse strings, and have some fun. Vacations must come to an end. And like any working person knows, the first Monday back at work is the worst day imaginable. Europe is coming off their welfare state vacation. Huge pensions, early retirements, and | Read More »
France to Germany: “We stink.”
You gotta love this EU infighting. Der Spiegel is reporting today that French Finance Minister Christine Lagarde urged Germany on Monday to boost domestic demand and said Germany’s large trade surplus was endangering the competitiveness of other euro zone economies. … ”Clearly Germany has done an awfully good job in the last 10 years or so, improving competitiveness, putting very high pressure on its labor costs,” | Read More »
My intel, like just about everything else I purport to know, is anecdotal. Life is stories, some only last a day, while others have more legs than others. Sometimes Arab tea talk is like that sudden flush of a covey of birds up ahead in the thicket…the last ripple in a seismic event happening further away. But my Arab friends in the Balkans, who hear | Read More »
Defense Department Considering Outsourcing American Aerospace Jobs to France
Pentagon officials acknowledged Friday their aerial refueling tanker program has stalled yet again, leaving uncertain the fate of the Air Force’s outdated fleet of more than 500 tankers. Vying for the $35 billion contract for 179 tanker planes are the Washington-based Boeing and the Toulouse, France-based European Aeronautic Defense Space Company (EADS), though the former has threatened to withdraw from consideration if the Pentagon did | Read More »
Supremes Get One Right: Gut McCain Feingold.
After one of the WORST activist based decisions in history, that of April 2, 2007, which gave the EPA the power to treat auto CO2 emissions as an environmental issue, the Supreme Court seems to have finally put its robes on straight and actually READ the Constitution they are sworn to abide by. The court struck down major portions of the bill, especially those relating | Read More »
Tags: CO2 Emissions
, debt ceiling
, Harry Reid
, job losses
, John McCain
, Russ Feingold
, Sonia Sotomayor
, Supreme Court
Hey, Hugo Chavez. Yeah you. Just shut up, goat boy.
As everybody knows, Haiti has been devastated by a large earthquake for which its infrastructure, government, and people were woefully unprepared. This small, dirt-poor, violence-wracked nation of 7 million people, has very likely lost 100,000,to 200,000 people dead, with the crisis deepening every day that medical attention, supplies, food, and water are not in the hands of survivors. The American military has quickly moved into | Read More »
CRY HAVOC! AND LET SLIP THE FROGS OF WAR
In September my colleague, Mr Bushmills posted a piece about the French saving civilization, (http://vbushmills.blogtownhall.com/2009/09/26/can_the_french_save_civilization.thtml) on the theory that the Russians, who could also do this terrible thing, don’t really know all that much about civilization. From time to time we simply need to repeat the call: If total war is to be avoided in the Middle East, it must be a third party who | Read More »
Iran, Uranium and Flimflam Florio
From The Political Commentator Keep Giving Iran More Time, The Only Result Will Be More Time Lost As could have been expected and predicted, Iran, given and apparently accepting the structure of a deal by the United Nations to ship its enriched uranium to France and Russia, is once again making a mockery out of the international community. This past Friday they missed the deadline to | Read More »
, Homeland Security
, national security
, political opinion
, United Nations
Middle Eastern Countries Plot to Dump US Dollar
Oil-rich Middle-Eastern countries are meeting along with other world powers to plot a withdrawal from the US dollar as a petrocurrency. In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, | Read More »
Tags: Abu Dhabi
, Alexander Hamilton
, Federal Reserve
, fiat currency
, free market
, Gulf Cooperation Council
, International Monetary Fund
, Jim Rickards
, Middle East
, saudi arabia
, special drawing rights
, World Bank
The World Moves Against the Dollar
When Putin announced that Russia would no longer sell its oil and natural gas in dollars, there were the normal — its OK type statements from the financial world, and it was viewed by the Western financial cognoscenti as an anomaly. However, since the Federal Reserve is printing an estimated $600 billion a year to give to bankers and brokers, who then buy U.S. Treasury | Read More »
, Chinese yuan
, democratic congress
, President Obama
, The Euro
, US Dollar
The IAEA: Whatever Are We To Do?
From The Political and Financial Markets Commentator I Think This Situation Even Supersedes The Health Care Debate, Because Health Care Will Not Matter During A Nuclear Winter Sequel To The Iranian Nuclear Situation As mentioned yesterday (Iran and North Korea: Welcome Back My Friends To The Show That Never Ends), the Iranian nuclear weapons development situation is extremely disconcerting for the entire world. In addition, | Read More »
, Health Care
, nuclear weapons
, political opinion
Aux Armes, Citoyens!
Maybe some societies should take their own national anthems to heart. E.g., excerpt: Aux armes, citoyens! Formez vos battalions! (Citizens, to arms! Form your battalions!) Happy Bastille Day from…. Bucharest. Bastille Day open thread….