Donald Trump's primary bluster. Let's look at the political angst over trade deficits. A trade deficit is when people in one country buy more from another country than the other country's people buy from them. There cannot be a trade deficit in a true economic sense. Let's examine this. I buy more from my grocer than he buys from me. That ... MORE
Showing posts with label international. Show all posts
Showing posts with label international. Show all posts
Walter E Williams: Trade Deficit Angst
Donald Trump's primary bluster. Let's look at the political angst over trade deficits. A trade deficit is when people in one country buy more from another country than the other country's people buy from them. There cannot be a trade deficit in a true economic sense. Let's examine this. I buy more from my grocer than he buys from me. That ... MOREAustralia About To Legalize Growing Marijuana Nationwide
by Steve Mollman. Australia appears set to legalize the growing of marijuana for medical use nationwide. A bill introduced to parliament Wednesday (Feb. 10) by the Liberal Party would amend the Narcotic Drugs Act 1967. It looks guaranteed to become law, as the main opposition party immediately pledged support for it. Under the proposal a national ... MOREMarkets Suffer Worst Start To Year Since Great Depression
by Marcus Leroux. The start of this year has been the worst for financial markets since the onset of the Great Depression, with stock prices slumping around the world amid mounting concern over the situation in China. A wave of selling has swept the world’s leading financial centres over the past two weeks, with the value of Britain’s ... MOREConstitution Be Damned! Obama Administration And U.N. Announce Global Police Force To Fight ‘Extremism’ In U.S.
by Pamela Geller. On Wednesday, Attorney General Loretta Lynch announced at the United Nations that her office would be working in several American cities to form what she called the Strong Cities Network (SCN), a law enforcement initiative that would encompass the globe. This amounts to nothing less than the overriding of American laws, ... MORE25% Do Not See Widespread Corruption In Goverment
Political blindness strikes one in four. Three in four Americans (75%) last year perceived corruption as widespread in the country's government. This figure is up from two in three in 2007 (67%) and 2009 (66%). While the numbers have fluctuated slightly since 2007, the trend has been largely stable since 2010. However, the percentage of ... MOREThomas Sowell: The Past And Future Of The Refugee Crisis
No junior varsity solutions, please. The refugee crisis in Europe is one of those human tragedies for which there are no real solutions, despite how many shrill voices in the media may denounce those who fail to come up with a solution. Some options may be better than others, but there is nothing that can honestly be called a solution. Nevertheless ... MORE
Is The World Finally Turning Against Islamists?
by Barry Farber. Not every country is sentenced to 18 more months of Obama. If true, this one email I received could lead to America’s “Guadalcanal” – the turning point, the instant we stop losing and start winning the War on Terror! After the Japanese bombed Pearl Harbor and destroyed our Pacific fleet, killing 2,500 Americans, Japanese ... MORESteve Chapman: The Democrats Abandon Free Trade
What happened to bipartisan consensus? For a long time, there was a bipartisan consensus for free trade. President George H.W. Bush, a Republican, negotiated the North American Free Trade Agreement, and Democrat Bill Clinton got it passed. It prevailed in the Senate in 1993 with the support of 27 Democrats and 34 Republicans. The consensus ... MORESteve Chapman: False Fears About Free Trade
Demonizing freedom is always a mistake. Political debates often pit fear against hope, and when it comes to international trade agreements, many Democrats prefer to scare. It's a durable strategy that they can't relinquish—even though it usually fails. If you're going to make a horror movie, you need a villain who can make your blood run ... MORETed Cruz And Rand Paul Team Up To Cut Enviro Funding
by Ben Geman. Two 2016 hopefuls working together. Republican Sens. Rand Paul and Ted Cruz are rivals for their party's
White House nomination, but they're finding some common ground in the
Senate's budget fight. On
Wednesday the two 2016 hopefuls jointly filed an amendment to the budget
plan that would cut new budget ... MOREU.N. Drug Warriors Challenge Sovereignty Of Americans
Have we become servants to world government? Moves by some U.S. states to legalize marijuana are not in line with international drugs conventions, the U.N. anti-narcotics chief said on Wednesday, adding he would discuss the issue in Washington next week. Residents of Oregon, Alaska, and the U.S. capital ... MORERichard A. Epstein: The Pax Americana Is Dead
Presidential leadership continues to be an oxymoron. Thomas Friedman, the respected New York Times columnist, tried to do a
beleaguered President Barack Obama a favor by publishing a summary of
an extended interview between
the two men, which was grandly entitled “Obama on the World.” Friedman
tried to present the President ... MOREMike Marion: The Exorbitant Price Of The American Empire
Blood, treasure and soul. It is difficult to pinpoint exactly when it happened, but clear evidence can be seen at least in the aftermath of World War II. Some trace the origins back to 1898 and the Spanish-American War, or even earlier to the War of 1812. And still others would say that imperial ambitions were even on the minds of some of ... MOREWalter E Williams: Our Unwillingness To Defend Ourselves
Welcoming the barbarians. The U.S. Justice Department's Bureau of Justice Statistics reports that 2012 losses because of personal identity theft totaled $24.7 billion. The money losses from identity theft pale in comparison with the costs of paperwork, time and inconvenience imposed on the larger society in an effort to protect ourselves. ... MOREThe NSA Captures Nearly Every Phone Call In Afghanistan
by Jacob Kastrenakes. The US National Security Agency has been recording nearly every phone call made in Afghanistan, according to WikiLeaks. The recordings are being made as part of the same program that was reported earlier this week to be capturing nearly every call in the Bahamas, as well as phone records from Mexico, ... MOREAnother Week Of Government Lawlessness
by Andrew Napolitano. What if the federal government is shameless? What if it personifies the
adage of do as I say and not as I do? What if it does the very things it
prosecutes others for doing? What if it has written laws and enacted
procedures so that it can spy and kill, while it charges others with
doing just that? What if the feds recently indicted ... MORELet's End Congress's Blanket Authorization Of Force
by Gene Healy. It may sound hard to believe, but Senate Majority
Leader Harry Reid,
D-Nev., isn't always wrong–at least when he states the obvious:
"9/11 is a long time ago," he
said Wednesday, "and it's something that needs to be
looked at again." The "it" is the post-9/11 Authorization for Use of Military
Force resolution, or AUMF, adopted three days ... MOREChina To Pass US As World’s Leading Economy This Year
The Obama legacy. The US is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the world’s leading statistical agencies. The US has been the global leader since overtaking the UK in 1872.
Most economists previously thought China ... MORE
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