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Tag Archives: UK

Vox writer calls American Revolution ‘a monumental mistake’

Look, there are a whole lot of people who want to be ruled. They crave it. They want to be managed. They need to be told what to do. And by God they want others to live under the same yoke.

What kind of pathetic person makes the case for colonial domination, and then tries to couch such an argument in “progressive” terms? A particularly gutless fellow I’d say.

Someone who would prefer to be a subject, and prefer more importantly that others be a subject, than be a free individual. Think about that.

He argues that if only we’d stayed part of the empire we’d have been a lot nicer to native peoples etc. This person has apparently NO KNOWLEDGE of the British Empire beyond, well, I doubt he has much knowledge at all. We suggest that this writer for Vox start by learning about British rule in India, then go from there.

Who do you think got the slave trade really going Mr. Mathews? It wasn’t colonial Americans I can assure you of that.*

Truly stupefying ignorance.

What’s particularly bizarre is that this guy doesn’t even understand (apparently) that he’s making a reactionary, a “conservative” (in the worst sense) argument.  That we should never have manifested the Enlightenment in the American Revolution. We should have just puttered along as subjects, sub-humans fundamentally, to the British crown.

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In perhaps an “unprecedented” move UK joins Chinese rival to World Bank as a founding member

This is a big deal and reflects the profound lack of confidence the world has with the current global banking regime. That Britain would do this, in spite of our general objection, is very significant.

As we have said in the past, an important thing to watch for is the moment the dollar is no longer the “world reserve currency.” When that happens the game fundamentally changes. We can’t print forever any longer and the reality of the market hits. We are still far from that point, but Britain joining the Asian Infrastructure Investment Bank certainly is a solid move toward a post-dollar reserve currency world.

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IRS comes after potential future UK Prime Minister for sale of house in England

The IRS has gone after Boris Johnson, current London mayor and potentially the next prime minister of the United Kingdom, because Mr. Johnson sold his house for a profit and because Mr. Johnson holds a US passport. He was born in the US (he left when he was 5) so naturally the Internal Revenue Service feels that by virtue of this it is owed some of Johnson’s money. Under the law as it stands the IRS has a case, if an immoral one. Johnson has however told the IRS to take a hike. As he should.

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The Man Behind the Hong Kong Miracle

Technically Hong Kong is now part of communist China, yet today it is perhaps the freest and one of the wealthiest places on Earth. One man, Sir John James Cowperthwaite, had everything to do with this.

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Pfizer to leave the US because of high tax rates, Makes a huge part of its money from tax funded government programs

The big pharmaceutical companies have done very well in the crony department over the last decade. Medicare Part D was a giant gift to pharma, then the “donut hole” fill of Part D in 2010 meant even more money for the drug companies. Big Pharma in many respects is a government contractor. A quarter of its revenue comes from Medicare, Medicaid, and various other government programs. But now one of the giants is leaving for England lured by lower tax rates.

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