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Greece
July 13th, 2015
Eurozone leaders have agreed to offer Greece a third bailout, after marathon talks in Brussels. Amid one of the worst crises in the EU's history, the head of the European Commission said the risk of Greece leaving the...
July 8th, 2015
Is Greece our future? No matter how you spin it, the failure of Greece is a failure of leftist economics where Greeks ran out of someone else’s money.
October 2nd, 2013
The people relying on Medicare, Medicaid and Social Security didn't fail. They (we) were sold a tax scheme (sound familiar, Justice Roberts?) that claimed to be insurance and pension plans.If you've ever scoffed at the...
June 15th, 2012
The euro's discontentment began in Greece, a country whose GDP is exceeded by that of many of our states. The late Milton Friedman predicted the demise of the euro within a decade and his prophecy is not far off as...
June 13th, 2011
WASHINGTON – U.S. Senators John Cornyn (R-TX) and David Vitter (R-LA) today sent a letter calling for assurances that the Administration will comply with a provision in the Dodd-Frank Wall Street Act, based on an amendment...
October 1st, 2010
This is a sample of the video available on the web of Wednesday’s demonstrations in Europe over the austerity measures imposed by the European Union of the common currency that will have to bail out other failures like...
June 16th, 2010
This video probably should be retitled, “Brief Western Financial Analysis.”Might as well laugh, right?
June 1st, 2010
The Euro sank to a new four-year low this morning over new concerns about the health of Europe’s economy. The European Central Bank reported that European banks may need to write off loans amounting to $240 billion dollars (...
May 28th, 2010
Robert Romano discusses the Keynesian Paradox in this article, quoting:The threat of a double-dip recession is real, but it should not be cause for more government “stimulus,” deficit-spending, bailouts, and low-interest...
May 13th, 2010
Greece is bankrupt.European Union nations are leading a bailout of that government in an attempt to prevent other financially troubled EU members such as Spain and Portugal from collapsing as well, which could bring down the...
July 10th, 2015
Greek politicians began debating Saturday morning whether to approve a financial bailout proposal that would satisfy international creditor demands and prevent the country’s ouster from the 19-nation eurozone.
July 7th, 2015
Last week, the economic crisis in Greece continued to unfold when the country failed to make a scheduled debt repayment to the International Monetary Fund (IMF).
January 5th, 2013
For the politically minded, the 2012 holiday season was defined by frenzy as Washington, D.C. prepared to go over “the fiscal cliff.” With the self-induced crisis solved in the thirteenth hour, all working Americans will see...
August 7th, 2011
The recent unemployment numbers gave the administration some breathing room since instead of sucking totally, they were merely mediocre. It presents a challenge to Republicans since the big debates on the budget have really...
February 21st, 2011
The counter revolution has begun. In a discussion with a political associate, I made an observation that the election of 2012 will be won in 2011. Francis Piven Fox wrote in the Nation Magazine, “Local protests have to...
July 1st, 2010
The G-20 Summit has produced a division between Europe and the United States. When the Greek economy went belly up this past spring, Europe found that the welfare state has reached its logical end point. What transpired...
June 10th, 2010
I try to focus on the wisdom of the policy and not the deceitfulness or ignorance of the politician. Speculations of mine are just that: speculations. And, they serve little purpose but to distract from a consideration of...
May 31st, 2010
In the past few days I note again the relative preoccupation of readers, which I assume in some respect reflects at least conservatives at large in our society. A Congressman discussing restoration of a proper respect of...
May 18th, 2010
The Senate, yesterday, passed my amendment to the current financial regulatory reform bill that protects U.S. taxpayers from paying for bailouts of irresponsible foreign governments.
May 11th, 2010
Veteran Republicans of course, are persuaded that Elena Kagan will win easy confirmation to the Supreme Court. That may or may not be the case, but the problem is that veteran Republicans, soaked in generations of political...
