The Decline & Fall Of Europe: French Farmers Set Tax Office On Fire

Tuesday, September 23, 2014
By Paul Martin

by Martin Armstrong 09/23/2014 French vegetable farmer have set a tax office and a building on fire destroying the government facility which was the symbol of the increasing administrative burden and sanctions that is killing farming. The background is that for years the bureaucracy for farmers have magnified the economic decline and their... »

The War on Poverty Has Been a Colossal Flop… $22 trillion!

Tuesday, September 16, 2014
By Paul Martin

Robert Rector September 16, 2014 Today, the U.S. Census Bureau will release its annual report on poverty. This report is noteworthy because this year marks the 50th anniversary of President Lyndon Johnson’s launch of the War on Poverty. Liberals claim that the War on Poverty has failed because we didn’t spend enough money.... »

Does France Need A 21st Century Revolution?…” Dirigisme, the French version of socialist capitalism, has failed.”

Monday, September 1, 2014
By Paul Martin

by Saxobank’s Steen Jakobsen 08/31/2014 French President François Hollande unveiled his new government under Prime Minister Manuel Valls on August 26, and there have been a few changes. While most senior ministers have retained their positions, economic minister Arnaud Montebourg was replaced by Emmanuel Macron, a former investment banker and economic adviser at... »

Legend Warns More Shocking Global Chaos On The Horizon

Wednesday, August 27, 2014
By Paul Martin August 27, 2014 Today a legendary value investor warned King World News that more shocking global chaos is on the horizon. Below is what the legendary investor, Jean-Marie Eveillard, who oversees more than $85 billion, had to say about the tremendous danger the world faces in this fascinating interview. Eveillard: “The French president,... »

Obamacare Opposition Spikes To All Time High

Friday, August 1, 2014
By Paul Martin

Sarah Hurtubise 08/01/2014 Opposition to the health care law skyrocketed in July to reach the highest point ever, according to a Friday tracking poll from the Kaiser Family Foundation. The pro-Obamacare health care nonprofit found that 53 percent of Americans view the health care law unfavorably right now, up from 45 percent in... »

Indexation Is A Socialist Way Of Allocating Capital

Sunday, July 27, 2014
By Paul Martin

by Tyler Durden 07/26/2014 “In effect, by pursuing indexation we have introduced a socialist way of allocating capital in the heart of the capitalist system… As we all know, socialism is the ultimate form of freeloading. It has never worked, and it never will. This indexation is one of the most obvious forms... »

Venezuela’s Transformation To Socialist Utopia Is Nearly Complete As Its Factories Grind To A Halt

Tuesday, July 22, 2014
By Paul Martin

by Tyler Durden 07/22/2014 Venezuela’s transformation to a socialist utopia has been well-documented on these pages. Recall: Venezuela Bolivar Devalues 89% in Start of New FX Market Venezuela Devalues Bolivar By Another 44% For Some, Still 600% Higher Than Black Market Due To 50% Inflation Venezuela’s Maduro Averts Military Coup, Arrests Three Air... »

Martin Armstrong Warns Civil Unrest Is Rising Everywhere: “This Won’t End Pretty”

Saturday, June 28, 2014
By Paul Martin

by Martin Armstrong 06/28/2014 The greatest problem we have is misinformation. People simply do not comprehend why and how the economic policies of the post-war era are imploding. This whole agenda of socialism has sold a Utopian idea that the State is there for the people yet it is run by lawyers following... »

United Nations May Soon Be Paying Water Bills in Detroit

Monday, June 23, 2014
By Paul Martin

“Socialism only works if there is someone to pay for it” by Kurt Nimmo June 23, 2014 WWJ, a news radio station in Detroit, reports the United Nations may pay delinquent water bills in the former Motor City. According to water department spokeswoman Curtrise Garner, nearly half of the residents of the bankrupt... »

Keynes Would Be Proud: ‘Blight Removal Task Force’ Calls For 10% Of Detroit Homes Be Torn Down

Tuesday, May 27, 2014
By Paul Martin

by Tyler Durden 05/27/2014 20% of Detroit homes are in some state of disrepair and as Bloomberg reports, a much-anticipated report from the city’s Blight Removal Task Force says that about half of these should be torn down immediately. Despite Detroit home prices still rising exuberantly in March, over 40,000 structures in the... »

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