Boy, being head of the IMF puts a real target on one’s back.
Tag Archives: EU
EU Parliamentarians pay 12% income tax rate, but seek to eliminate tax havens for others.
The tax havens are entirely legal, and when some in France were taxed at OVER 100% of income in 2011, one can understand why such tax havens exist. Why not a simple, low tax (if we must have taxes) which is easy to comply with? 12% across the board in Europe (same as the Parliamentarians.)
We should do it here too.
Has the world oil market been manipulated in a way similar to how LIBOR was?
That is the question EU regulators are trying to answer.
At the center of the controversy is whether oil companies and banks gamed the price of oil on the Platts Global Petrochemical Index in a way similar to how banks manipulated the London Interbank Offered Rate, or LIBOR.
Should anyone be taxed over 100% of income? Happened to some in France for tax year 2011.
Vive le France? Well, one of the reasons there is less “vive” in France these days is because of asinine policies such as the one imposed by France’s current Socialist government which is highlighted below.
European Commission to criminalize nearly all seeds and plants not registered with government (Not a joke.)
All plants, all seeds, and even gardeners in the EU may soon have to be registered with the bureaucrats in Brussels. Truly, is Europe just going collectively insane? Everything about the place is going haywire. But this new possible law is breathtaking in its bold stupidity.
Nigel Farage on the European religion, possible violent revolution in the Med, and the bailout of Slovenia
Europe is a disaster, and I don’t just mean the continent, I mean the political experiment. Or as Mr. Farage refers to it, the religion. Why is it always about consolidation? Why is it always about centralization?
Why? Because the whole game, whether here or in Europe is about control.
Juicing the Market: Central Banks Buying Stocks
It wasn’t long ago that such an idea was beyond the pale. No longer.
Italy’s Economy Vindicates Skeptics of Big Government
How Ferarris are ever built in the country is beyond me. But they’re built in the north, in Maranello. Things get worse the farther south one goes.
EU Hedge Fund Manager Bonus Caps May Actually Make Things Worse.
Anyone who has read us for very long knows that we give bankers a hard time, often. The financial industry, especially the big banks, is rife with crony capitalism. The big banks are arguably the biggest crony capitalists of them all, and the corruption which comes with a Wall Street/Washington DC axis must be dealt with. It is vital for the future of our economy. Ending the Fed would be a good start.
Is Cyprus About To Reject the EU Bailout Deal?
The main parties in Cyprus are for the deal, but at least one of the smaller political parties has indicated that it will not support the scheme. If other smaller parties follow the lead of the Greens the island could reject the deal. My bet is, however, that the EU is not going to stand by and let a couple of malcontents (as they I am sure the EU sees critics in Cyprus) scuttle their efforts.
