The British government claims it made a mistake in sending thousands of postal ballots to EU citizens living in the UK. The UK Electoral Commission had to admit it sent 3,462 ballots to EU citizens who have no legal right to vote. They claim it was a software error. In the Scottish vote, they had British and EU […]
COMMENT: Here in France, they are blaming this flood on global warming. It seems that anything to do with weather they point to global warming and want more regulation. REPLY: While France’s rainfall levels in May were the highest since 1873, it was the 1910 flood that was the most devastating. Before automobiles, Paris was flooded […]
Claude Frédéric Bastiat (b. 1801-1850) was a French, classical liberal theorist, political economist, Freemason, and member of the French National Assembly whose fundamental ideas have provided a foundation for libertarianism. In economics, Bastiat is remembered for his concept of opportunity cost and for introducing the parable of the broken window or the “glazier’s fallacy.” Essentially, a […]
Well if you live in Portland, you better get your kids out of school. The Portland school board is against free speech. Portland public schools have banned all textbooks that cast any doubt on climate change. They are tampering with free speech and denying any scientific examination by converting climate change into dogma and propaganda. This illustrates […]
On June 23, the people of Britain will decide whether to exit (BREXIT) the European Union. The outcome of this historic vote will determine Britain’s future. This is an incredibly important vote for it will determine the fate of note just Britain, but also Europe as a whole. This special “BREXIT” report answers many of […]
HSBC is altering its oversight of safe-deposit boxes in Hong Kong. Governments are targeting safe-deposit boxes to look for cash that is hiding from taxation. HSBC, a U.K. bank, is now moving against claimed financial crimes by altering conditions for safe-deposit boxes. This is becoming a global trend. Anything of value that is stored in a […]
The familiar phrase “We the People” no longer means what it used to. The majority of Americans do not understand how the law is made and assume Congress proposes all legislation and therefore makes law. That is not the case. The president can refuse to enforce any law or impose it arbitrarily under the claim of discretion, […]
The Nikkei (cash) really hit the tiles today (-2.3%) having received confirmation of the delay to the Sales Tax and its two year reschedule. The JPY saw the flight to quality resulting in a 1% rally to hit a 108.50 high. 10yr JGB’s traded from -10bp to -11.5bp. As stated yesterday it will not be […]
The Swiss village of Oberwil-Lieli voted not to accept any refugees whatsoever, preferring to pay a fine of around $300,000 to the federal government of Switzerland who agreed to accept 50,000 refugees. The people of Oberwil-Lieli said they would rather pay the fine than accept these people in their small village as it would risk destroying […]
