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Gross Incompetence

Gross Incompetence Jean-Léon Gérôme Truth Coming Out of Her Well to Shame Mankind 1896 Here’s the lowdown: the EU’s single market mechanism dictates freedom of movement for labor, capital, services and goods. These are not divisible; you cannot have one without the other. Still, that’s precisely what Theresa May, again, is proposing. She basically wants […]

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Boomeranging

Boomeranging Juan de la Corte (1597–1660) Lot And His Daughters Escaping From The Destruction Of Sodom And Gomorrah There is no migration crisis, said an article in Toronto’s Globe and Mail a few days ago. French President Emmanuel Macron followed up over the weekend with “there is no migrant crisis”. Really? If this is not […]

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Images of Children Crying

Images of Children Crying René Magritte Le Mal du Pays (Homesickness) 1940 The two most viral photographs of the ‘Trump Separation Scandal’ have now been debunked, or at the very least been proven to have been used ‘out of context’. This is a dangerous development, as are the reasons to use them the way they […]

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Outrage

Outrage Paul Gauguin Why are you angry? 1896 Yes, you have every right to be outraged at the disgraceful treatment of children on America’s borders. But that does not give you the right to NOT be outraged by what America has done and is today still doing to children in, just to name a few […]

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When Trump Met Fibonacci. And Won.

When Trump Met Fibonacci. And Won. Edourd Manet A Bar at the Folies-Bergère 1882Something curious happened during the Trump love fest at the G7 over the weekend. And I don’t think many people would have got it. In fact the entire western press, far as I could see, were blaming Trump for the dissolution of […]

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All US Homes Are Overvalued

All US Homes Are Overvalued Dorothea Lange Children and home of cotton workers at migratory camp in southern San Joaquin Valley, CA 1936  My long time pal Jesse Colombo, now at Real Investment Advice, recently linked on Twitter to a Zero Hedge article, which quoted CoreLogic as saying more than half of American homes are […]

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Everything That Dies Does Not Come Back

Everything That Dies Does Not Come Back Charles Sprague Pearce The Arab jeweler c1882 There are a lot of industries in our world that wreak outsized amounts of havoc. Think the biggest global banks and oil companies. Think plastics. But there is one field that is much worse than all others: agro-chemicals. At some point, […]

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This is Italy. This is not Sparta.

This is Italy. This is not Sparta. Nikolay Dubovsky Became Silent 1890 “European Stocks Surge Celebrating New Spanish, Italian Governments”, says a Zero Hedge headline. “Markets Breathe Easier As Italy Government Sworn In”, proclaims Reuters. And I’m thinking: these markets are crazy, and none of this will last more than a few days. Or hours. […]

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Hotel Europa

Hotel Europa Theodoor Rombouts( 1597-1637) Prometheus   On Friday, in This is the End of the Euro, I said: The euro has become a cage, a prison for the poorer brethren. The finance minister proposed by 5-Star/Lega and refused by Italian president Mattarella, Paolo Savona, has called the euro a German cage. There are now […]

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Who Needs Enemies?

Who Needs Enemies? Vittorio Matteo Corcos Conversation in the Jardin du Luxembourg 1892 Obviously, there are tensions between Europe and the US. Just as obviously, these tensions are blamed on, who else, Donald Trump. European Council President Donald Tusk recently said: “With friends like Trump, who needs enemies?” EU Commission chair Jean-Claude Juncker even proclaimed […]

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Have We All Been Silenced?

Have We All Been Silenced? Leonard Misonne Waterloo Place, London 1899 Let me start by saying I have nothing against the English newspaper The Guardian. They publish some good things, on a wide range of topics. But they also produce some real stinkers. And lately they seem to publish quite a few of those. On […]

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I Am Julian Assange

I Am Julian Assange Carl Spitzweg The raven 1845  Julian Assange appears to be painfully close to being unceremoniously thrown out of the Ecuadorian embassy in London. If that happens, the consequences for journalism, for freedom of speech, and for press freedom, will resound around the world for a very long time. It is very […]

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Let’s (Not) Make a Deal

Let’s (Not) Make a Deal James McNeill Whistler Nocturne in Black and Gold, the Falling Rocket 1875 Dr. D again. And wait, that deal was never even -legally- signed? Dr. D: I know the U.S. hasn’t followed the law in 100 years, but let’s review the Iran Deal. A “Deal” with a foreign nation is […]

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A Guide to American Political Ironies

A Guide to American Political Ironies Gutzon Borglum Mount Rushmore, Repairing Lincoln’s nose 1962 Dr. D figured his last missive was a bit heavy handed. So he went for something lighter this time. A penance, a doctor’s guide: “It’s hard enough to find a candidate that will even promise to do something right so it […]

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The Civil War Is At Home

The Civil War Is At Home  Francesco Hayez The Death of the Doge Marin Faliero 1867 Dr. D’s swift response to my essay yesterday, Every Kingdom Divided Against Itself. On the mechanisms by which empires fall. They’re always similar and familiar. Dr. D: Wonderfully said. Since no one will report, here’s what happened to that […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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