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Can the ‘Yellow Vests’ Protests Go Global?
Can the ‘Yellow Vests’ Protests Go Global? When it comes to the relationship of U.S. citizens to the politicians and bureaucrats in Washington D.C., there’s no indication that anything remotely resembling self-government is happening. Rather, the relationship is far more like that of a servant to a master. From the October post: Americans are Stuck in […]
The Riots in France Are NOT Just About Taxes
The Riots in France Are NOT Just About Taxes The recent protests in France seem to have caught everyone by surprise, particularly the French government. Macron’s government seems to have underestimated the demonstrations and the determination of the protesters. The Western media seems confounded in their attempts to understand or explain them and the rest of […]
France Deploys 89,000 Cops Amid Fears Of Yellow Vest Rebellion On Saturday
France Deploys 89,000 Cops Amid Fears Of Yellow Vest Rebellion On Saturday French authorities will deploy at least 8,000 riot police and gendarmes in Paris on Saturday, and 89,000 forces across the country according to the Prime Minister, as the Elysee prepares for “act four” of the Yellow Vest movement’s violent protests against the Macron government. In addition […]
The Real Significance of the French Tax Revolt
The Real Significance of the French Tax Revolt The gilets jaunes (Yellow Jacket) anti-tax riots in France escalated over the past weekend, again citing the impact of higher taxes on fossil fuels –and high levels of taxation in general – on everyday life. French citizens, already subject to the highest taxes in the OECD, are being […]
Macron Folds: France Suspends Fuel Tax Hike After “Yellow Vest” Riots
Macron Folds: France Suspends Fuel Tax Hike After “Yellow Vest” Riots With his popularity rating at record lows (recent polls put it at around 26%, on par with Hollande), his capital city burning and the populists he defeated during his stunning electoral victory last year making serious electoral inroads, French President Emmanuel Macron finally caved, […]
Is This Macron’s “Let Them Eat Cake” Moment?
Is This Macron’s “Let Them Eat Cake” Moment? Never underestimate French protests and never underestimate tax protests. Still, that seems what French President Emmanuel Macron has been doing… Former US President Ronald Reagan once described what, according to him, was typically a government’s view of the economy: “If it moves, tax it. If it keeps moving, regulate it. And if it stops […]
There Is Suddenly A Far Bigger European Problem Than Brexit Or Italy
There Is Suddenly A Far Bigger European Problem Than Brexit Or Italy Forget Brexit and Italian populists for a second. It’s worth paying attention to what’s going on in France. For more than two weeks, the country has been disrupted by an unusual protest: the so-called “Gilets Jaunes” or “Yellow Vests.” France is used to […]
Promise Delivered: Macron Promised a Revolution, He Got One, Against Himself
Promise Delivered: Macron Promised a Revolution, He Got One, Against Himself Hundreds were arrested and fires burn as the ‘gilets jaunes’ (yellow vests) protest movement against Macron escalates. It’s rare for politicians to deliver on campaign promises. But French president Emmanuel Macron did. He promised a revolution, and got one. Unfortunately for Macron, the revolt […]
The Politics of Debt-Serfs and Tax Donkeys: Our Only Choice Is the Least Bad Option
The Politics of Debt-Serfs and Tax Donkeys: Our Only Choice Is the Least Bad Option The reality is there is no avenue left for advocacy, grievances or redress in a system dominated by global corporations and self-serving political insiders. What’s striking about the protests in Paris against higher fuel taxes is the universality of the […]
Central Banks Looking at Creating Their Own Cryptocurrencies
Central Banks Looking at Creating Their Own Cryptocurrencies The IMF has recommended that all Central banks should issue their own cryptocurrencies. Indeed, they are looking at using Block Chain to keep track of taxes and to enforce negative interest rates with cryptocurrencies which would allow them to impose negative interest rates whenever necessary. With adopting cryptocurrencies that governments would […]
Why Bad Economics Makes Such Good Politics
Why Bad Economics Makes Such Good Politics As the election nears, politicians will more and more frantically point out what wonderful favors they’ve done for the voters — or what favors they will do for the voters, if elected. Of course, they never mean all the voters. They mean groups or individuals within the voting […]
Savings–Not Tariffs Will Make America Great Again
Savings–Not Tariffs Will Make America Great Again While the farcical Kavanaugh confirmation hearings dominated the news cycle for the past couple of weeks, little mention was made of a disturbing economic headline – the August US trade deficit. Despite all the bluster from the Trump Administration about “winning trade wars” and “trade wars are easy,” […]
Australia Turning Really Authoritative? Is this How a Dark Age Begins?
Australia Turning Really Authoritative? Is this How a Dark Age Begins? The greed of governments in their pursuit of money is the single greatest threat to creating a Dark Age. With New Zealand imposing a $5,000 fine for just landing there and you refuse to hand over your pen and passwords to your phone for […]
How A Carbon Tax Would Be Implemented
How A Carbon Tax Would Be Implemented There are no solutions to complex problems – except when the problem becomes so complex it must have a simple solution. That is the paradox thrown up by global warming and the shattering report of the U.N. Intergovernmental Panel on Climate Change. The report cries out for dramatic, […]
