First, it was France. The country’s response to its high and growing unemployment problem was to make laying off employees so painful economically that companies will avoid it. Labor Minister Michel Sapin said, “The main idea is to make layoffs so expensive for companies that it’s not worth it.” Sapin, a good friend of France’s [...]
As the European welfare state flails wildly on the emergency room medicart, and the EU’s quack doctors try futilely to shock the terminal patient back to life, the brain surgeons in the Obama administration believe prescribing the same deadly medicine for freedom will cure us of our national ills. If the Obamacare plan is not [...]
Alexis Tsipras, head of Greece’s Radical Left Coalition, declared that country’s commitment to austerity is over because voters have rejected those deals. “There is no way we will sneak back in again what the Greek people threw out”, Tsipras said. “This is an historic moment for the Left and the popular movement and a great [...]
While many Americans are cutting back on household budgets to put $4.00 a gallon gasoline in their vehicles to get back and forth to work, a couple of Obama-appointed government employees have been caught jet-setting to Paris and Tokyo recently. Just like Obama claiming that his current taxpayer-funded reelection campaign blitz and fundraisers are “policy speeches,” [...]
The E/U plutocracy also known as “The Troika” has approved a second round of bailouts for Greece early Tuesday in Brussels. The details include supposedly bringing down the Greek debt to GDP ratio to 120.5% by the year 2020 by asking private creditors to take substantially bigger losses on their Greek debt holdings in the form of a [...]
A law requiring flights into and out of the European Union (EU) to pay a carbon tax was upheld by the European Court of Justice on Wednesday saying that, “application of the emissions trading scheme to aviation infringes neither the principles of customary international law at issue, nor the open-skies agreement.” The law requires that [...]
A package addressed to Deutsche Bank CEO Josef Ackermann was intercepted in Frankfurt, Germany on Wednesday that contained explosives and shrapnel, with a return address of the European Central banks headquarters, which is located just a few blocks away from Deutsche banks HQ. Fox News is reporting that the NYPD is warning local banks to bolster mailroom security [...]
While the Euro is going down the toilet, the European Union (EU) actually studied for three years the effect of water on dehydration. No, seriously. EU officials concluded that there was no evidence to prove the fact. Conservative Member of the European Parliament (MEP) Roger Helmer said: “This is stupidity writ large. The Euro is [...]
NEW YORK, Sept. 14, 2011 /PRNewswire/ — Removing Greece from the eurozone might be the best solution to ending the uncertainty and volatility in the European markets and would remove one of the biggest hurdles impeding an economic recovery in Europe, according to a white paper from Newton*, theLondon-based global asset manager that is part of BNY Mellon Asset Management. [...]
