We can't help but be a little pleased when the mainstream media occasionally validates our point of view (truly cheap thrills), and in this case, the BBC has posted a report that aligns well with something we wrote in late April. Our intrepid feedbackers provided some pushback to our conclusions (expressing the point of view that the lazy Greeks were getting what was coming to them) but we were fairly confident that we had some points to make.
Eurozone leaders are ready to defend the euro with the equivalent of US$1trillion if necessary. The American Fed and other central banks stand ready to help too apparently. There are several conclusions to be reached from this - and the mainstream and alternative media is generously presenting at least seven scenarios (perhaps our readers can provide more?). Below, we use the article excerpt above as a jumping off point to unpack them for you, explain the significance of each and then choose
As Americans have witnessed in recent days, there are bills brought before the Congress that attempt to hide their true intent. Their authors try to conceal the worst elements by making their bills thousands of pages long and full of cryptic and ambi...
The OK House has agreed to vote to override Governor Brad Henry's veto of HB 2569, the bill prohibiting RFID tags in the OK DL/ID cards.
This vote was originally set for Wednesday, 5/5/10, but has now been moved to Tuesday, 5/11/10.
There is some evidence that the Governor is applying pressure to members of the Democrat caucus not to override his veto on this bill.
For the country, then, to have developed the pragmatic approach to law and public policy is a tragic contradiction. All of the fundamental ideals and principles that America is known for is rejected by pragmatism and pragmatists. They take them to be myths or, as one major contemporary pragmatist recently emailed me, as pure BS!
Again, the hypnotic clarion call for more centralization is launched. Being as sensitive to these sorts of promotions as a certain kind of princess is to a pea under a stack of mattresses, we notice when rhetoric resembling a promotion is floated. We were startled when we read (we can't remember where) that it was lack of a centralized market that caused the recent trillion-dollar drop in the NYSE's share values last week. But when we read the Reuters article excerpted above there was no doubt
We have been predicting along with others in the alternative media that the drumbeat for further consolidation (of the political kind) within the EU would rise steadily as this latest financial crisis unfolded. We have seen signs of it, though few full-blown articles. Now, however, it seems the battle may be beginning in earnest, with twin blasts being fueled by the New York Times and the Economist (see article excerpt above).
It’s really simple Take this And do this Any questions? Crossposted
The Daily Bell is pleased to present an exclusive interview with Mark Thornton. Thornton is Senior Fellow at the Ludwig von Mises Institute. He serves as the Book Review Editor of the Quarterly Journal of Austrian Economics and as a member of the Editorial Board of the Journal of Libertarian Studies. He has served as the editor of the Austrian Economics Newsletter and as a member of the graduate faculties of Auburn University and Columbus State University.
We at the campaign are very thankful for our moms and all they've put into us to make us the people we are. Their sacrifices, love, and examples still speak to us today. So from all of us, to all of them, we just want to say: "Thanks Mom! We love yo...