Director | January 26, 2009
House Speaker Nancy Pelosi admitted to interviewer George Stephanopolous on Sunday that the massive increase in government spending for birth control in the economic stimulus package is geared to reducing population because states are facing budget shortfalls. See the story at Drudge. Pelosi claimed the policy was the result of a “downturn in the economy,” […]
Director | January 26, 2009
The Telegraph reports that thousands of British children are being recruited by special marketing agencies to peddle consumer products to their friends. Children are being recruited to set up websites and administer questionnaires to their classmates. MacDonald’s, Coca-Cola, and Mattel are among the well-known corporate names paricipating in these tactics. Children as young as five […]
Director | January 26, 2009
Eileen Sullivan reports at the Guardian that two women have been picked to head the Homeland Security Department. Obama selected Jane Hall Lute from the UN to be second in command, under Janet Napolitano. “She doesn’t have the right skill set,” said James Carafano, a fellow with the Heritage Foundation, a conservative think tank. “And […]
Director | January 25, 2009
Dana Gabriel writes at IntelStrike (“TILMA Expands on NAFTA”) that a Canadian free trade agreement is scheduled to be adopted in April. The Trade, Investment and Labour Mobility Agreement (TILMA) was signed in 2006. It expands on NAFTA’s transfer of power from local governments to corporations. Quebec is leading an initiative to integrate TILMA with […]
Director | January 24, 2009
John Kemp at the Guardian asks whether the U.S. and UK can recover from increasing debt levels. Mish offers commentary on Kemp’s analysis. Despite the rhetoric you hear from politicians and pundits, the Fed policies and Treasury initiatives are not sufficient to cope with the massive debt load. For one thing, the debt is in […]
Director | January 24, 2009
Ambrose Evans-Pritchard reports on Spain’s economic crisis at the Telegraph. It should be clear by now that the European Union is a “prison of nations” that prevents nations from setting their own trade policies, tax policies, and interest rates. When times turn tough, these countries do not have control over the full complement of economic […]
Director | January 23, 2009
Let’s begin our tour with a nice, long statistical analysis of recent economic indicators by David Chapman at SafeHaven. Chapman notes the frequent occurrence of the word “Depression” in recent writing about the global economy. Chapman believes it is not a Global Depression but might become one. At the moment, whether the world enters a […]
