TITLE III PROVISIONS AMENDING THE TREATY ESTABLISHING THE EUROPEAN COAL AND STEEL COMMUNITY   ARTICLE H The Treaty establishing the European Coal and Steel Community shall be amended in accordance with the provisions of this Article.   1) Article 7 shall be replaced by the following: “ARTICLE 7 The institutions of the Community shall […]

  TITLE II (Part II) PROVISIONS AMENDING THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY WITH A VIEW TO ESTABLISHING THE EUROPEAN COMMUNITY ARTICLE 109k 1. If the decision has been taken to set the date in accordance with Article 109j(3), the Council shall, on the basis of its recommendation referred to in Article 109j(2), acting […]

  TITLE II (Part I) PROVISIONS AMENDING THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY WITH A VIEW TO ESTABLISHING THE EUROPEAN COMMUNITY ARTICLE G The Treaty establishing the European Economic Community shall be amended in accordance with the provisions of this Article, in order to establish a European Community. A. Throughout the Treaty: 1) The […]

Country Analysis Ireland The probability of Ireland joining EMU from the beginning date remains quite high. Nevertheless, the close relationship of Ireland and Britain does pose somewhat of a problem for the future of Ireland and its committment to EMU. Certainly, Ireland continues to perform very well on its economic fiscal front. However, Ireland’s debt/GDP […]

When we asked the computer to look at population, there was a remarkable correlation to taxation. The higher the taxes, the lower the birth rate. Indeed, this applied in both ancient and modern times. Even the Roman Emperor Augustus (27BC-14AD) who cherish family and was the first to picture even his daughter Julia on a […]

The whole idea of “socialism” is based upon the same theory that led to the overthrow of the Shah and the birth of Islamic Radicalism in 1979. What is the connection? Both hold that the private sector cannot be trusted and that the state should manage the economy. In Iran, it became the religious clerics […]

We firmly believe in privacy and liberty. Ideas even like Bitcoin count on the simple fact that there is some RULE OF LAW that will be respected. There is none. As the Sovereign Debt Crisis unfolds, they are really hunting down everything they can possibly get their hands on. Canada is now taking the position […]

Back in 1997, we warned that our computer model was forecasting that by 2016, we would see a tremendous rise in third party activity. This was our forecast back then and most said what is your computer drinking over there? The blue line in this chart showed the historical 3rd party movement and how it […]

QUESTION: Can you please comment on the following. I hear incessant talk about the market being supported by Bernanke.  The Fed gets the credit for the market going up.  (And when it goes down for not doing enough).    How much truth is there in this mantra?   How much is the Fed actually affecting stock prices by […]

The 1987 Crash The 1987 Crash also became known as Black Monday referring to Monday October 19th, 1987. It was a fateful day when the US stock market crashed, creating a wave of confusion as capital and government failed to grasp the real underpinnings of currency. The 1987 Crash came precisely to the day on […]