There was a time when people in the West looked at the developing world and dismissed the corruption exhibited there as a disease of lesser economies. Nigeria, Belarus, Egypt, Brazil, all were (and are) chock full of insider dealing and bribery. In the West however we held ourselves to a higher standard. We had “clean” economies.
The big banks and governments don’t want the Swiss people to reback their money 20% with gold. What does that tell you?
Gold is real money. Paper is not. Gold doesn’t rise and fall in price (generally). Paper becomes more or less valuable relative to gold. This concept is lost on the general public. It is not lost on the bankers and the folks in government.
The establishment fears gold money. It reins in their power. Thus the reason they fight gold so ardently and why they are fighting it online and in newspapers today.
Willie says “Aye or die!”
The times they are a changin’ and they are a changin’ in jolly old England.
The United Kingdom Independence Party (UKIP) is an important force in British politics. It’s an important force in European politics. It is even influencing American politics. UKIP’s most recent achievements may be a harbinger of what is to come in the the USA.
The EU is a nasty organization. It keeps consolidating its power even though in many places the public is adamantly opposed to EU membership and the actions of the EU parliament.
“I’m not for laws. We need a minimum of laws. I hate big government, I hate being told what to do on a personal basis.” – Nigel Farage *
Nigel Farage has lead a deeply important political surge in the United Kingdom over the last few years. His rants from the floor of the European Parliament have become legendary.
Venice did its own thing for a long time before Italy came around, and it would likely do just fine without the dysfunctional lands to the city’s south.
Economic reporter Max Keiser (who I often disagree with, but often like also) is fond of saying that for many politicians their elected office is just kind of an interview for the lobbying business where the REAL money is to be made. Max always points out that Tony Blair left 10 Downing Street and quickly went to work for JPMorgan.