Category Archives: News/ Lessons

Cut Spending to Avoid the Fiscal Cliff

The goal of the current debate over the so-called “fiscal cliff” has been mischaracterized by the Democrats as one of how best to shrink the federal budget DEFICIT.  Republicans should take the offensive and re-characterize the debate as one over … Continue reading

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The real cause of higher worker pay

From the November 19, 2012 Open Europe news summary: During a radio interview with Europe 1, French Industry Minister Arnaud Montebourg said that Germany “should raise its salaries” to drive growth, and also asked Germany “to provide social security worthy … Continue reading

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Denmark Repealing Its “Fat Tax” for the Wrong Reasons

This article from Denmark is just one example of many that one can read any day about how government intervenes extensively in our lives.  There is no mention in the article about personal freedom. Rather, it’s all about the problems the … Continue reading

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Merkel’s Fiscal Union Plan Will Not Work

Re: Merkel’s sovereignty remedy Excellent article, although I do not agree with the author’s conclusion, to wit: “The upshot of the euro crisis will be some kind of fiscal union, but what fiscal union means is not clear. Germany believes … Continue reading

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My letter to National Review Magazine re: What Crimes Are “Hiding in Plain Sight” Today?

Re: “The Court Predator” by Mark Steyn Dear Sirs: Mark Steyn makes clear–and, I am certain, the British police will discover–that Jimmy Savile’s criminal pedophilia was well known to British media elite for decades.  I ask you, what monstrous crimes … Continue reading

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Germany Must Repatriate ALL of Its Gold

By Godfrey Bloom, member fo the European Parliament, and Patrick Barron The Greatest Threat to Worldwide Prosperity The greatest threat to worldwide prosperity is the collapse of what remains of free market capitalism.  Not war.  Not depletion of scarce natural … Continue reading

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My letter to the NY Times re: The Fallacy of Tariffs

Re: Solar Tariffs Upheld, but May Not Help in US Dear Sirs: Diane Cardwell’s explanation of the failure of US tariffs on Chinese solar panels to protect American producers illustrates the fallacy both of subsidies to gain market share and … Continue reading

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My letter to the NY Times re: No research necessary to disprove tax report

To: letters@nytimes.com Subject: No research necessary to disprove tax report Date: Mon, 5 Nov 2012 Re: Tax Report Withdrawn at Request of G.O.P. Dear Sirs: The question of whether higher taxes will or will not affect economic growth is not … Continue reading

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Failing to Understand the Moral Hazard Monster

Sheila Bair was chairman of the FDIC from June 2006 to July 2011.  Her memoirs, Bull by the Horn: Fighting to Save Main Street from Wall Street and Wall Street from Itself, is a fascinating and sometimes frustrating glimpse into … Continue reading

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Another indication that the Bundestag is beginning to assert its constitutional authority

From today’s Open Europe news summary: A report by the Research Services of the German Bundestag has concluded that ECB involvement in a new write-down of Greek debt would constitute monetary state financing and thus be in breach of EU … Continue reading

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