Despite Greece’s almost complete lack of financial integrity, neither NATO nor the EU can afford the political cost of a Greek exit from the EU.
Europe
Europe’s Antitrust Assault on Google
Since people can search through other sources besides Google, it is not at all clear why Google cannot run its own operation for its own benefit, while others run their operations for their own benefit.
Greek Problems Born from Socialism
The real issue is whether Greece’s decades-long experiment with failed debt-financed socialism will be allowed to survive much longer.
Greece Dependency Has Created Dangerous Illusions
Once again the crisis in Greece is threatening the unity of the entire euro zone.
The Biggest Loser: Switzerland Outsources Their Monetary Policy To The Eurozone
In Switzerland, it's not just the clocks that are cuckoo. Over the past four years Swiss politicians and central bankers have gone on an unprecedented buying spree of foreign exchange reserves. In 2012, their cache swelled to as much as $420 billion worth of various...
France and the UK Could Be the Lynchpins of Europe
Over the past two months, Europe's problems seem to have disappeared from the headlines. However, the new French Socialist government is pushing ahead with policies that favor significantly higher government spending, greater regulation of business and commerce, and...
Germany Loses to Italy, Again
Poll after poll makes it perfectly clear that the German people have no interest in exposing their hard-earned savings to the ravages of unending bailouts and currency debasement.
European Leaders Play With Fire
The world economy today stands at the doorstep of great change. A gathering crisis looms in Europe, splitting the Continent into two competing blocs. While leaders there face off against one another in a high stakes game of chicken, the rest of the world powerlessly...
Bail Out Europe? How About Stopping the Insanity?
Many are saying that the United States should bail out European economies. The rationale is self-interest. “If European economies go under, then the U.S. will go with them.” If the U.S. was not making the same kind of mistakes that European economies have been making,...
Now France Has a Socialist President Too
France now has something in common with the United States: A Socialist President. Welcome to the club, France! Not that this represents a big change. The last president of France was nothing more than a corrupt guardian of that country’s massive entitlement and...
Sarkozy Trade: France May Be Losing Its Head…Europe Soon To Follow?
According to the European Central Bank, the Italian banking industry now holds more government debt than the banks of any of the major European economies: nearly €324 billions worth of shaky bonds. The Spanish banking sector is also heavily overweight in government...
Austerity Fires Voter Vengeance Against Euro
Though there can be little doubt the euro would survive without the Greeks or the Spanish, there is greater doubt of the euro surviving without the Germans solidly behind it. As the world’s second largest reserve currency, the collapse of the euro would precipitate a major international monetary crisis.
Murdering Americans for Allah in Europe: Germany's Jihad Murders Point Up the West's Denial
A Kosovar Albanian Muslim, Arid Uka, murdered two American airmen outside the Frankfurt Airport in Germany last Wednesday. “I did it for Allah,” he explained. Like so many jihad attacks these days, this one was initially dismissed as having nothing...
Sweden: Suicide Bomb Against Free Speech
It was only a matter of time before jihad suicide bombers started operating in Europe. And now they have begun – in yet another salvo in the war against the freedom of speech that the West has barely noticed. “Now the Islamic state has been created. We now...
Sweden: Suicide Bomb Against Free Speech
It was only a matter of time before jihad suicide bombers started operating in Europe. And now they have begun – in yet another salvo in the war against the freedom of speech that the West has barely noticed. “Now the Islamic state has been created. We now...
Billion Euro Antitrust Fine Against Intel
The European antitrust regulator has announced last month that it will fine Intel Corporation $1.44 billion (1.06 billion euros) because it "harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for...
Sweden’s Government Health Care
Government health care advocates used to sing the praises of Britain's National Health Service (NHS). That's until its poor delivery of health care services became known. A recent study by David Green and Laura Casper, "Delay, Denial and Dilution," written for the...
Should America Copy Modern Europe?
Some Americans look to European countries such as France, Germany and its Scandinavian neighbors and suggest that we adopt some of their economic policies. I agree, we should look at Europe for the lessons they can teach us. Dr. Daniel Mitchell, research fellow at the...
Rioting for Ineptitude in France
The students are rioting in Paris, again, and the streets of Dublin are quiet. The dissimilarity flows from the differences in the way the political-economic systems are run in France and Ireland. In France's overly-planned, overly-socialist economy, the unemployment...
BOOKS: The Destitution of Pre-Capitalist Europe
What were the cause(s) of the high death rate in the first half of the century – and of its diminishment in the second half?
Reflections on the 2005 Revolution in France
The rioting by Muslim youth that began October 27 in France to calls of “Allahu Akbar” may be a turning point in European history.
Understanding the Paris Riots: Multiculturalism and the Self-Liquidation of Europe
On November 9, 1938, the Nazi government launched a vicious pogrom in which thousand of Jews were rounded up and sent to concentration camps, while bands of young Nazi thugs smashed the windows of Jewish homes and shops. Kristallnacht--the "Night of Broken...
Riots in France: The Barbarians at the Gates of Paris
Riots that began on the outskirts of Paris have spread into the center of the French capital and to other communities in other parts of the country. Thousands of cars have been set on fire and the police and even medical personnel have been shot at. Like many other...
Europe’s Appeasing of Castro Prolongs tyranny
Last Thursday, the French embassy in Havana decided to invite Fidel Castro's communist cronies over to help celebrate France's Bastille Day -- a day similar in significance and symbolism to our Fourth of July.Shamefully, they expressly didn't invite any of Cuba's...
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