Reuters reported today that the US government has been giving the communist Chinese government direct access to the purchase of US Treasuries. The report indicates that the Chinese government has been granted this privilege for nearly a year, but the news has been kept under wraps until now. Usually, the central banks of other...
CNS News reports that human rights activists are pushing for a global “Robin Hood” tax on financial transactions ahead of the G8 summit. Which country do you think would get hit the hardest by such a tax? In a statement issued in Geneva – home to the U.N.’s human rights apparatus – the five...
Did you hear there’s been a run on banks in Greece? According to CNBC, US stocks slid today because of the turmoil in Europe. According to a transcript, Greek depositors recently withdrew 700 million euros from the nation’s local banks, said President Karolos Papoulias, though the exact timing of the transfer was unclear. I think people...
The Democrats are renewing their push to have the Law of the Sea Treaty ratified by the Senate. According to Foreign Policy Mag, Senator Dick Lugar (R-IN) was going to wait to help them out until after he was reelected, because his support for the treaty may have hurt him during the election. Now...
When the economy tanked a few years ago Sweden’s Finance Minister Anders Borg did the opposite of what everyone else in the world was doing. Rather than following the Keynesians, he cut taxes. Not only did he cut taxes, he cut taxes on rich people. Now Sweden is enjoying strong economic growth and the...
I’ve been meaning to get to this all day, but life happens, and I didn’t get to it. In short, British authorities are afraid of offending Muslims, so they let a group of what they call “Asian” men get away with gang raping young girls. It’s abhorrent. The Other McCain has all the gruesome...
Vice President Joe Biden, told a Jewish group that the problem with Iran is the United States. “When we took office, let me remind, there was virtually no international pressure on Iran. We were the problem,” the vice president said. “We were diplomatically isolated in the world, in the region, in Europe.” He didn’t...
The following is a guest post by Joseph Hall. *** Dick Morris Offers Sobering View of Obama’s Plan to Strip US Sovereignty in 2012 Political analyst Dick Morris appeared on Fox News, Hannity last night discussing his new book, Screwed!: How Foreign Countries Are Ripping America Off and Plundering Our Economy-and How Our Leaders...
President Obama has been campaigning on higher taxes for the wealthy, and increased “investment” on infrastructure, education, and everything else under the sun. So, why is his administration advising the socialist president-elect of France to ignore his – or both of their – campaign rhetoric? President Obama’s spokesman warned the new socialist president-elect of...
Most people who believe in freedom and free markets are probably wondering how on Earth France could have voted in an openly socialist president, and the Greeks voted Neo-Nazis into power. Don’t these people realize how perilous their situation is? Why would they vote this way, rather than vote for politicians who will cut...
My condolences to the 48% of French voters who did not want to elect a socialist. French voters elected François Hollande as president on Sunday, giving France a Socialist leader who has pledged to shift the burden of hardship onto the rich and resolve the protracted euro sovereign-debt crisis by softening the current prescription...
Today may be the calm before the storm. Occupiers here in the US and around the globe are planning a massive protest to mark the communist holiday known as International Workers Day, or May Day. They’ve been planning for months to shut down bridges in California and New York. They’re calling on supporters around...
The Obama administration had another Friday night news dump yesterday. They released $147 million to the Palestinians. I wonder who we’re borrowing that money from. Fox News reported the news this morning. American aid officials said Saturday they will restore development programs for Palestinians after President Barack Obama ended a six-month funding freeze that...
Is it just me, or are our enemies feeling emboldened by the Obama administration’s Smart Power? According to The Washington Times, the Iranians are hiring hackers to attack our infrastructure. Iran is recruiting a hacker army to target the U.S. power grid, water systems and other vital infrastructure for cyberattack in a future confrontation...
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