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Whoever said we are now all national socialists knew what he was talking about. No, I don’t mean the political philosophy of dictatorship. But I do mean the economics of a crade to grave socialist state. According to a Monday,… Continue Reading →

In an article from the Wall Street Journal on Saturday, June 11, “Gates Questions NATO’s Future”, Gates makes a speech in Brussels decrying that the U. S. provides 75% of the funding for NATO. The Europeans don’t shoulder their part… Continue Reading →

World War I images The Western Front has a new war, the one between German’s Finance Minister, Wolfgang Schauble, and the Head of the European Central Bank, Jean-Claude Trichet and his minions, which includes a German by the name of… Continue Reading →

German taxpayers must pay the price of their new economic empire. Jean-Claude Trichet has spoken, and he’s the President of the European Central Bank. He says there will be “no credit event” and “no selective default” that would spread from… Continue Reading →

Despite the recent resolve to give Greece the rest of the aid package for this year, there’s always the concern about the next aid package. The battle has shifted to the future, and the shape of the battle is already… Continue Reading →

Version:1.0 StartHTML:0000000167 EndHTML:0000002024 StartFragment:0000000454 EndFragment:0000002008 Germans are moving back to the city center in record numbers — to Berlin, Frankfurt, and Munich. In the 1990’s they moved out to hamlets and small towns on the fringe of suburbs. Now the… Continue Reading →

In the 1920’s the United States passed the Smoot-Hawley Tariff Act. It raised tariffs on all sorts of imported goods and hurt trade world wide. It put all the economies of the world on track for the Great Depression and… Continue Reading →

In two respects Hitler was ahead of his time — he was a nonsmoker and a vegetarian. Germany is, too, over 66 years after his death in the Fuhrer Bunker in Berlin. But now Germany is paying for it with… Continue Reading →

Prime Minister Angela Merkel called Prime Minister Zapatero on Friday to suggest that they both ask the EU for aid for their farmers, affected adversely by the recent E-Coli outbreak. Germany, Portugal, and Sapin plan to presne their case. Millions… Continue Reading →

Jean-Claude Juncker, the Luxembourg Prime Minister and the President of the European Group Council of the Euro Zone Finance Ministers, met with the Greek Prime Minister, George Papandreou, on Friday. He announced that the Euro Zone countries would provide the… Continue Reading →