Christina Fernandez de Kirchner apparently has no interest in bowing out of politics gracefully. Ala Nancy Pelosi she will remain in the political wings, waiting for an opportunity to reassert herself, keeping rivals from rising, and making sure her presence informs the political decisions of allies and enemies alike.
Image: Tax Foundation
I actually don’t think corporate inversions are bad. There are lots of things corporations do which are bad, and we chronicle them here all the time. Working the system for subsidies. Working the system to gain inside contracts. Gaming the system to shut out competitors. Buying politicians. And a million other things. But inversions in principal are not bad. Of course a corporation is going to want to minimize its tax outlay. People do. If I was a shareholder of a company I would expect that company leadership would do the inversion thing if it made sense.
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.
Many people see the federal government as not reflecting their views at all. Some see the unending expansion of the state into every nook and cranny of life, and the gaming of the government by powerful corporate and political interests, as a real threat. Indeed that our massive government is encroaching on the things many Americans hold particularly dear, independence, for some – faith, economic liberty, liberty generally, privacy, and so on.
A wonderful video from Hans Rosling and Chanel 4 News explaining global wealth in relative terms.
We’ve made this point many times on this website. You know why the Colorado doesn’t flow into the ocean? Why Chernobyl blew up? Why BP felt it was safe (from a business standpoint) to drill 1 mile below the surface of the Gulf of Mexico? Why rain forests are being depleted around the world? Why the Aral Sea is no longer a sea? Why oceans are toxic waste dumps? Why nothing lives in the rivers in China any longer?
I’m guessing that the above headline was not written by a member of the local chamber of commerce.
“Nothing says ‘human rights’ more than bureaucrats sitting in a new office,”
The last thing we need is a UN “embassy” in Washington DC. Particularly one which will be driven by the deeply corrupt Human Rights Council. The council is believe it or not currently chaired by Saudi Arabia. That’s right, that Saudi Arabia.
Shocking that such a simple system is failing so badly.
Obamacare has been collapsing for a while. Actually pretty much since it started. A bunch of the state co-ops are dead. More are readying themselves for the grave. And now even the crony partners are starting to abandon the scheme. Indeed repeal may not even be necessary. Ironically the Obamacare experiment may long stand as a testament to one of pro-market economist FA Hayek’s key insights, The Pretense of Knowledge.
A very interesting bit of history. I did not know that Bridgeport Connecticut had had a socialist mayor. (I lived not far from Bridgeport for a while.) But particularly interesting is how tightfisted this “red” was with the public purse. He seemed (according to the below account) to have actual respect for the taxpayer. Something some people believe the current most prominent socialist in America lacks.
I live in the Old Dominion, Virginia, mother of presidents and land of the Blue Ridge Mountains and the Chesapeake Bay. Our tax burden is on the edge of becoming overly burdensome. Thankfully there’s still enough sense in the commonwealth to keep the Northeastern interlopers in check. (They want Northern Virginia to become New Jersey.)
We pay enough taxes and we have enough regulations (for the most part). Taxes and regs which serve to benefit big business over smaller businesses are particularly repugnant.
This is supposed to be some kind of surprise? A revelation? The central banks exist and have always existed FOR Wall Street and London.
That seems reasonable in the “land of the free.”
(From The Daily Signal)
In 2014, the Institute for Justice found that net assets, or what’s left over after expenditures, into the agencies’ forfeiture funds reached $4.5 billion—an increase of more than 4,600 percent from 1986, when the Justice Department’s fund was first created. Net assets in the Justice Department’s and Treasury Department’s forfeiture funds first topped $1 billion in 2007 and have moved upward steadily over the last seven years.