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Ending the West’s Ponzi Scheme

December 26, 2012

Anyone who has been paying attention knows that the Western-style social welfare state which emerged after World War II is failing.  Simply, the problem is that Western governments have promised more goodies to their people than is possible to sustain over time.  The first folks in the mix got hooked up very well, but those [...]

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New Austerity Riots Ravage Greece and Spain

September 26, 2012

The latest round of austerity measures in Greece sparked an outburst of violence over the last 48 hours: Similar-type measures in Spain produced a similar reaction: Of course, international markets weren’t too pleased at these developments either. Why wouldn’t they be spooked?  There’s social unrest all over the world:  the Arab Spring, Libya, Syria, Iran, [...]

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Greece at a Crossroads

November 2, 2011

Greece has been in economic and social turmoil for nearly 18 months because of the crumbling of their welfare state.  Facing possible expulsion from the eurozone, Greece has a choice — accept the bailout and the severe austerity measures which come with it, or become an economic pariah. Yesterday, Greek Prime Minister George Papandreou announced [...]

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Protest Anger Grows in Greece

October 19, 2011

Greece sucks on many levels nowadays given their debt crisis and the economic and social impact it’s had on the nation.  While a beautiful and history laden country, its people, spoiled by their own welfare state teet, are in the midst of a 48-hour general strike, which has (no surprise) turned violent: Let’s hope we [...]

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Economic Crisis Shakes “Old Order”

July 25, 2011

The post-World War II economic and political order is showing signs of serious strain.  Robert Samuelson calls it “the crisis of the old order“:  an order created from the ashes of the Great Depression and World War II characterized by a robust welfare state, faith in taming economic cycles, and an international trade regime serving [...]

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Greeks Imitate the Sore Losers of Vancouver

June 28, 2011

It looks like the Greek parasites took a break from extending their hands out to riot again.  Apparently, they don’t like the strings attached to the free money they’re about to receive in the form of a bailout.  It isn’t that they’re ungrateful or anything; it’s just that they don’t think they should have to [...]

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Welfare State Burns in France

October 18, 2010

The major issue all Western nations must deal with in the 21st Century is addressing the gap between what our governments (the “welfare state”, “social democracy”, or “big government”) have promised their constituents and those government’s ability to make good on their promises.  No country will be immune, and America’s moment is coming. Not everyone [...]

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Britain — USA Run Away from NHS!

July 11, 2010

President Obama recess appointed a straight-up welfare state redistributionist to handle Medicare and Medicaid, Donald Berwick, despite the fact that no one was holding up the confirmation process.  Obama was obviously hiding Berwick, not willing to give Republicans the opportunity to legitimately bash this guy’s radical point of view in public.  As the saying goes: [...]

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A New Greek Oracle

February 28, 2010

The ancient Oracle of Delphi used to be a spot where ancient Greeks would go to breathe in various toxic fumes and listen to Pythia tell them about possible futures in cryptic phrases and symbols.  Well, millennia later, the Greeks still have some prophesying to do — this time on the eventual collapse of what [...]

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Obama’s Logic in Latin America

April 19, 2009

What’s he getting at I wonder?  See, I’m trying to look passed the obvious — Obama wants other countries to like us so much he’s willing to throw away our long-held principles against left-wing dictatorships in our own hemisphere for temporary political gain.  Like his ideological predecessor, Jimmy Carter, Obama will undoubtedly learn that getting [...]

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