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Free Capital Flows = Peace / Restrictions = War

It was Cordell Hull (Sec. State 1933-1944), whose observations during the Great Depression led to his belief in the concept of Economic Security – defined as a...

Comments from Europe on Europe

Income tax was introduced in England in 1798 as a temporary measure to fight Napoleon. Have we defeated Napoleon yet?...

Maybe We Need More Freshman – Warren Grills SEC

Senator Elizabeth Warren (D) of Massachusetts, actually asked regulators very pointed and appropriate questions that ONLY a Freshman would ask. TOO BIG TO FAIL...

Follow the Money – It leads even to a Body of Dead Popes Put on Trial

The Pope’s resignation has  inspired many articles about how Popes have even been imprisoned. To set the record straight, the battle with the Papacy has...

Republican Party Splitting In TWO – 3rd Party Rising for 2016

Economic Conservatives have lost their representation. There is only the Marxist left and the Religious Right that care more about abortion and gay rights than the...

Meteor Crashes into Russia

Well in Ancient Times, such a sign was taken as the fall of some king, or they worshiped it as a stone from God vindicating their power – Elagabalus.  ...

Spain & Institutionalized Corruption

The level of corruption in government is off the charts and it is systemic on a global basis. In the US we give them titles – lobbyists. In Spain, there has...

European Economic Suicide

The EU Commission is moving forward on a Financial Transaction Tax. This is pretended to impose more discipline on traders. The problem is there is nobody in...

Taxing Your Way to Economic Boom?

So many countries are following Obama and assume that raising taxes on the “rich” is now justified. Britain is moving to add the “Mansion...

Dow – Near-Term Risk

There is clearly a risk of a temporary high this week. It is 13 weeks up, and the momentum is losing ground. Nevertheless, our energy models are not excessively...