CHANCELOR ANGELA MERKEL has suffer a major defeat with her party coming in third place in her homes state of Mecklenburg-Vorpommern on Sunday. The signs of a major anti-immigration movement in Germany assures Merkel’s days are clearly numbered. The growing discontent with the Chancellor is all we hear from our direct sources in Germany. Only one year […]
Tim Cook, the head of Apple, said that the company may send billions of dollars back to the US next year in 2017 in response to the EU Commission retroactively changing tax deals. Apple struck a deal with Ireland and agreed to locate there for taxes. Now the EU Commission is saying individual member states may not […]
I have said that the European crisis is all about keeping jobs in Brussels, and now the truth is beginning to surface. The long-term cost of pensions for EU officials has increased very sharply according to one new report. These people are lining their pockets like never before. From late 2014 to the end of 2015, […]
Of course, Chancellor Angela Merkel has denied that allowing the refugees in has led to the recent Islamic terrorist attacks. She has admitted that fighting crime and Islamist terrorism will be key challenges for the year, and she is adopting a law and order position after attacks in Germany have seen her approval ratings collapse. […]
The EU has become the modern Byzantine government. To create 2600 works regulating just cabbage is excessive. The saying that God created the 10 Commandments and Man has created tens of billions of regulations trying to restate the same thing, is simply Byzantine. Forgot to put the link on that Cabbage Regulation Story
Pythagoras’ Theorem: 24 words Lord’s Prayer: 66 words Archimedes’ Principle: 67 words 10 Commandments: 170 words Gettysburg Address: 286 words US Declaration of Independence: 1,300 words US Constitution and all 27 Amendments: 7,818 words EU Regulations on Sale of only Cabbages: 2,600 words This is what the term Byzantine means
The Greek government is calling for full disclosure of ALL household wealth. The Greeks are to disclose everything they own — cash worldwide, jewelry, real estate, paintings, and furniture. The Greek government is totally insane and intends to exploit its population simply to remain in the euro without the simplest shred of evidence that such […]
The ban of burkinis in Cannes, France, and nearby towns was upheld in the courts. The general view is that girls in mini-skirts are not suicide bombers. The beaches at the French Rivera are now under guard and people are being searched like they are going on public transportation. The ban on burkinis has also […]
Is a the European bank rally sustainable? European banks continue to rally marginally following the release of the European Bank Authority stress test. However, risks remain with a referendum to be held in Italy proposing to redesign their election process putting any Italian bank restructuring at risk. The EU banking committee proudly announced positive stress […]
This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee with less than 10,000 in population, announced it will begin charging retail customers to hold their cash starting in September. This will apply to accounts greater than €100,000 euros. This means the bank will charge customers 0.4 percent, which amounts to […]
