Politics

Why Greece Can’t Afford to Stay in the Euro

May 16th, 2012 | By | Category: Economics, Featured, Politics
Sometime in the next few weeks we're going to find out if Greece can afford to stay in the euro. We're also going to find out if Spain and Italy can afford to leave the euro. Access to credit markets is the key issue. The stigma of default will lock ...read more


FreedomFest

May 15th, 2012 | By | Category: Featured, Politics
Libertarianism is, obviously, an idea whose time has come. Or maybe you don't like that term. There are plenty of others. My preference is old-fashioned. I like the term "liberal" -- or maybe "radical liberal" -- to distinguish my own intellectual commitments from the generation that naively believed that government ...read more


The Case for Austerity

May 14th, 2012 | By | Category: Economics, Featured, International, Politics
The Keynesians and declared anti-Keynesians have joined hands in order to promote an intensely Keynesian error: European fiscal austerity as a negative factor. One contributor in Forbes refers to austerity as a death spiral. The word "austerity," beginning with the Greek government's debt crisis two years ago, has been used by ...read more


Hear That? It’s The Sound Of The Doors Closing For Americans

May 11th, 2012 | By | Category: Featured, International, Personal Investing, Politics
We hate being right. After all, we have been predicting that people in the US and most of the western world will soon find themselves living in a Terminator-esque world where they will be tracked every moment of the day (US Government Builds World's Biggest Domestic Spy Complex), 1 the US ...read more


The Case of the Missing High-Mileage Car

May 7th, 2012 | By | Category: Economics, Featured, Politics
How would you like to drive from New York to Los Angeles with just one stop for gas? It seems incredible and wonderful, but it can happen. In late 2010, the Volkswagen Passat BlueMotion set a new world record for the "longest distance traveled by a standard production passenger car ...read more


How To Ruin A Kid’s Life

May 1st, 2012 | By | Category: Featured, Politics
I was just down at the "feed and seed" buying two baby chicks to replace my female duck that was carried off by a bird of prey, leaving one lonely male duck behind. No one told me that ducks don't like chicks. The rest of the story is, well, let's ...read more


Making A Living In A Foreign Country

Apr 26th, 2012 | By | Category: Featured, Politics
"If I expatriate, how can I make a living in a foreign country?" It's one of the top questions we get. After all, not all of us have sizable amounts of savings that we can nestle upon. In fact, most in the western world don't after they've had most of it ...read more


Wal-Mart, The Victim of Extortion

Apr 25th, 2012 | By | Category: Economics, Featured, Politics
Over the weekend, we were treated to a preposterous display of hectoring of allegations that Wal-Mart Mexico (prepare yourself for a shock) paid bribes to public officials for the legal right to do business in that country. You see, to do serious business in America requires vast campaign contributions to several ...read more


I Love Oil Speculators

Apr 23rd, 2012 | By | Category: Economics, Featured, Oil, Politics
White House polling must show how badly gas prices are hurting Obama's approval numbers. Badly enough that he's even trying to ease up on attacking Iran. Here's Obama on the campaign trail: "The problem is ... speculators and people make various bets, and they say, you know what, we think that ...read more


They Wrecked Our Mowers

Apr 20th, 2012 | By | Category: Featured, Politics
When I was a kid, lawn mowers worked. You pushed them and they cut grass. The grass went into the bag. Then you emptied the bag. The results were great. There was no grass to rake. It all went into the bag, because that's what lawn mowers did. Then the feds ...read more