“Government is theft.” The old libertarian battle cry came to mind when the news hit, two weeks ago, that Cyprus was about to confiscate 7 percent of all the insured deposits in the island’s two biggest banks. Nicosia also planned to siphon off 10 percent of uninsured deposits, those above …
“God put the Republican Party on earth to cut taxes. If they don’t do that, they have no useful function.” Columnist Robert Novak was speaking of the party that embraced the revolution of Ronald Reagan, who had hung a portrait of Calvin Coolidge in his Cabinet Room and set about …
“Are the good times really over for good?” asked Merle Haggard in his 1982 lament. Then, the good times weren’t over. In fact, they were coming back, with the Reagan recovery, the renewal of the American spirit and the end of a Cold War that had consumed so much of …
How Europe‘s crisis resolves itself as yet remains unknown. But with Sunday’s returns from France and Greece, the mega-trends on the Old Continent are unmistakable. And for the European Union, they are ominous. Nationalism — be it economic nationalism or ethnic nationalism — is ascendant. Transnationalism and multiculturalism are in …
Sunday was the first anniversary of the 9.0 earthquake off the east coast of Japan that produced the 45-foot-high tidal wave that hit Fukushima Prefecture. Twenty thousand perished. Hundreds of thousands were driven from their homes when a nuclear plant swept by the tsunami exploded, spewing radiation for miles. Only …
“Events are in the saddle and ride mankind.” In describing 2011, few cliches seem more appropriate. For in this past year, we Americans seemed to lose control of our destiny, as events seemed to be in the saddle. While President Barack Obama maneuvered skillfully to retain a fighting chance to …
Prime Minister David Cameron’s decision to veto Germany‘s demand for a new European fiscal union will define his premiership. More than that, Cameron has raised a banner for patriots everywhere fighting to retain their national independence. With his no vote on fiscal union, Cameron declared to the EU: “British surrenders …
On Oct. 31, the U.N. Population Fund marks the arrival of the 7 billionth person on Earth and raises the population estimate for the planet at mid-century to 9.3 billion people. There is a possibility, says the United Nations, that, by century’s end, world population may reach 15 billion. What …
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