Tag Archives: European Union

EU goes Marxist, little opposition from citizenry

Willing to do just about anything to avoid the collapse of their treasured Euro, Europeans are considering marxist policies so to save a failing currency. The Telegraph  reported that “Wealthy households would face new taxes on property and other assets under German plans to prop up the struggling eurozone.” When governments turn to the producers… Read More »

Adieu France, So Long Stability

French Socialist President Francois Hollande’s newly elected government is planning to raise taxes on big companies while deterring businesses from engaging in layoffs by making that process more costly. Hoping to nudge companies into investing rather than paying profits to shareholders, the government plans to impose a new 3% tax on dividends. Other plans include… Read More »

A Year of Historic Elections

The year 2012 is rapidly becoming a year of historic elections. Greece held one recently where no single Party won enough of the vote to form a government. In ensuing weeks, no progress was made by the nation’s Parties while negotiating to form a coalition. This potentially could lead to a chaotic situation – not… Read More »

Bad News for Globalists

European business activity fell in May, nearing a 35-month low, according to a survey by Markit. Its survey, based on European manufacturing and service sectors, fell to 45.9. The euro fell to a 22-month low against the dollar in response. Disagreement at Wednesday’s summit between European leaders about how to solve the dilemma did nothing… Read More »

European High court upholds jet plane carbon tax

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… Read More »