French Thatcherite Upends 2017 Race Pledging to Shrink the State

Is there anything more important in our time than reversing the march of the statists, the people who would regulate everything and game the government for themselves and for their allies. Perhaps not, at least in the political sense.

The only way to truly fight crony capitalism, to fight the entrenched neo-aristocracy, is to make the state weaker. More regulation isn’t going to solve the problem. That is, frankly, a foolish dream. The powers that be like regulations.

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Today in 1971: President Nixon Closes the Gold Window, One of the most important moments in US economic history (VIDEO)

One of the most important moments in American economic history. Nixon killed the last vestige of sound money in America. Within a decade the USA was heavily financialized.

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France’s (Socialist) President Hollande’s $10,000-a-Month Hair Stylist Is Revealed

Looking good.

Upon seeing this story I immediately thought of President Clinton’s very expensive haircut on Air Force 1 which held up air traffic many years ago.

Look, the French President needs to look sharp. He lives in Paris, one of the great capitals of fashion. He can’t be seen with a $5000/month hairdo.

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Unease, But Little Opposition as France Curbs Basic Freedoms

She is from France.

We in the West made it through the whole Cold War without tossing aside our freedoms for the most part. In the face of nuclear annihilation we remained relatively free. Indeed it was these freedoms which helped us define ourselves relative to our totalitarian communist rivals. Our freedoms were what made us, us.

But this sentiment, this general reverence for freedom, has been on the wane since September 11th 2001. The attacks in France seem to have spurred an even greater move toward a soft totalitarianism in the West.

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First retail bank (that we know of) to apply negative lending rates to clients

If you want to keep money at Alternative Bank Schweiz you are going to have to pay for it. That’s right, keeping your Swiss francs under your mattress will generate a relative yield to the francs held at this bank. This is a knock on effect of the Swiss central bank trying to maintain parity with and independence from (ha) the euro.

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