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June 29, 2015
Alexis Tsipras has imposed capital controls as Greek banks are to remain closed. The European Central Bank (ECB) said it was not increasing emergency funding to Greek banks, clearly trying to hurt the Greek people to force them to stay in the euro to protect jobs in Brussels. Greece is due to make a €1.6 […]
June 28, 2015
King v. Burwell upholding Obamacare is a political decision, not law, and it reveals the distinct difference between Scalia (who many liberals hate) and Roberts who rules according to the political winds. This has gone way beyond the question of Obamacare being right or wrong. It is raising serious concerns that Chief Justice Roberts is most […]
June 28, 2015
It appears that a June closing on cash below 11095 in the euro will reflect Grexit. A month-end closing for June below 10520 level will be very bearish short-term. However, keep in mind that the major Bearish Reversal lies down at the 10335 level. Therefore, only a monthly closing BELOW 10335 will CONFIRM the 11500 […]
June 28, 2015
Of course God cannot be overruled by government, but those in government think so. I do not believe in government as some benevolent entity that really cares about the people. They only care about themselves. The entire modern Civil Asset Forfeiture was the ancient practice of Deodand which is a thing forfeited or given to God specifically as […]
June 28, 2015
Greece’s parliament voted early Sunday in favor of Prime Minister Alexis Tsipras’ motion to hold a July 5th referendum on creditor proposals for reforms in exchange for loans, with the country’s future in the Eurozone/Euroland looking increasingly questionable. The greatest problem is that the share market is showing that exiting the euro will be the […]
June 28, 2015
Oskar Lafontaine has been a major political figure in German politics since the mid-70s. He was even Chairman of the SPD (one of Germany’s two main parties) for four years, the SPD’s candidate for chancellor in 1990, minister of finance for two years, and then Chairman of the Left party in the 2000s. He has called […]
June 28, 2015
A rare 1925 Bugatti Brescia sat untouched under a tarp in a small French barn. It was sold at auction bringing $951,216, setting a world record for Brescia models in the process against an expectation of $200,000. It appears the collectibles should rally still into September.
June 28, 2015
COMMENT: In Australia family law is Federal. And to stop all the problems with co habitation – Common Law etc.. you know what they did, passed regulation which says cohabitate for 2 years..equivalent in EVERY way to marriage (assets split 50/50 on eachs)…so for us single males out there that know this well.. you are […]
June 27, 2015
The EU Finance Ministers have been lying to the public for so long that they believe their own propaganda. The German press has called them for what they are — hopeless fools who “…are totally overwhelmed and compensate for this condition with a good dose of arrogance. But the whistling in the dark is detected […]
June 27, 2015
The BBC is reporting that the Greece debt crisis is now leading to a Greek bank run as people clamor to hoard cash in the face of the Eurozone refusing any bailout extension. This is the typical human response in the face of uncertainty. Greece can pull out of this if they comprehend what really […]