Bullshit Artists

As Canada Collapses, Do We Need to Ask Why?

"At some point this sort of astonished rhetoric must begin to grow stale, even, well ... unbelievable. We are supposed to slap our collective forehead and ask, 'How could this be happening?' But, in fact, we already know. You do, too. Central banking monopoly money stimulation has taken down Western economies from Europe to the United States and beyond. And after a full century of central banking mayhem it is impossible to believe that the leaders of this failed economic environment can have any doubt left about its destructive tendencies." Continue reading →

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Disgraced French budget minister lied to Swiss bank over taxes

"Disgraced former French budget minister Jerome Cahuzac lied to a Swiss bank when it accepted his assertion that funds paid into his account had been declared to tax authorities, a newspaper report said Saturday. The Zurich-based Tages Anzeiger said the politician presented a 'bogus tax certificate' to the Julius Baer bank. Cahuzac — the minister responsible for cracking down on tax evasion until he resigned in mid-March — was charged Tuesday with 'laundering the proceeds of tax fraud' after he admitted to having the foreign bank account, following weeks of denials." Continue reading →

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French foreign minister denies Swiss account ‘rumour’

"France's Foreign Affairs Minister Laurent Fabius on Sunday denied a 'rumour' in a newspaper report claiming that he may have a Swiss bank account, as the French government struggles to deal with a scandal over undeclared foreign bank holdings. 'I absolutely deny the rumour, published in the Monday April 8 edition of Libération, claiming I have a bank account in Switzerland,' Fabius wrote in a statement. It was Médiapart that broke the story about former budget minister Jérôme Cahuzac having an undeclared bank account in Switzerland." Continue reading →

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The Fuse Is Burning Brightly on France’s Fiscal Time Bomb

"The public sector in France is more bloated than the ones that exist in Italy, Sweden, and Greece! That’s quite an achievement. And then remember that the new French President is imposing a new top income tax rate of 75 percent. Though, to be fair, President Hollande generously says he doesn’t the overall tax burden on any taxpayer to exceed 80 percent. All hail Francois the Merciful! Notwithstanding this magnanimous gesture, some taxpayers have the gall (no pun intended) to object to this level of fleecing. Famous actors and successful entrepreneurs are among those saying Au Revoir and moving to jurisdictions that have less punitive tax laws." Continue reading →

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The Myth of Journalistic Objectivity

"For generations we have been taught that the ideal journalist is fair, balanced and objective. But the idea of the objective journalist is a myth. Join us today on The Corbett Report as we explore the ideologies and assumptions behind all news media and what alternative models we have for journalism in the online era." Continue reading →

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Obama: US Tyranny Impossible Because ‘Government Is Us’

"The government is most assuredly not us – at least not all of us – which is why our system of government is designed to protect the rights of minorities while still allowing majorities to legislate without violating those rights. Obama’s defense to charges of incipient tyranny is that tyranny can never happen here. Which, of course, makes it more likely that tyranny will happen here. The second odd angle is Obama’s insistence that the Constitution constrains him. The natural inference seems to be that if it were not for the Constitution, Obama would indeed pursue a federal gun seizure." Continue reading →

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The GOP’s Drug-Testing Dragnet

"The annual Drug & Alcohol Testing Industry Association (DATIA) conference, held in 2012 in San Antonio, Texas, looks like any other industry gathering. The 600 or so attendees sip their complimentary Starbucks coffee, munch on small plates of muffins and fresh fruit, and backslap old acquaintances as they file into a sprawling Marriott hotel conference hall. They will hear a keynote address by Robert DuPont, who served as drug policy director under Richard Nixon and Gerald Ford. Nothing odd about any of this until you consider that the main subject of the conference is urine." Continue reading →

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The Financial Situation in Cyprus and the End of the Euro

"There are several lessons to be learned here: 1. Politicians lie. Only a few weeks ago, politicians in Cyprus promised that deposits in local banks would be backed 100% and that euro-zone taxpayers would finance any bailout. Obviously, that turned out not to be true. 2. The swift win the race. Those depositors who got their funds out of Cyprus banks before the bailout get to keep 100% of their capital. Those who delayed face losses up to 60%. 3. Cash is king. While the value of the euro has slumped in recent weeks, anyone with euros in cash form, rather than in an account, is far better off than with euros in a bank account. [..]" Continue reading →

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Colleges attempt to avoid tuition cost scrutiny by piling on student fees

"Student fees have for years been often criticized as a kind of stealth, second tuition imposed on unsuspecting families. But such fees are still on the rise on many campuses. And though their names can border on the comical - i.e., the 'student success fee' - there’s nothing funny about how they can add up. At the University of California Santa Cruz, where tuition runs to nearly $35,000 for non-residents, students every year pay more than 30 additional fees 2014 including a small charge for what’s billed as 'free' HIV testing. Students at Oklahoma State University are responsible for covering 18 different fees, including a 'life safety and security fee.'" Continue reading →

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Another Reason Obamacare Costs Are Headed Through the Roof

"The Obama administration now says a special system of exchanges designed to make it easier for small businesses to provide insurance will be delayed an entire year -- to 2015. The exchanges were designed to give workers a range of choices supported by dollars from their employers. But now they will have only one choice until 2015, which could mean they can't shop for insurance that includes their current providers. Since insurance is more expensive for small businesses, many of which have no obligation under the law to provide coverage, analysts now fear many might just stop trying and let workers go on the soon-to-be-launched state exchanges." Continue reading →

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