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Great Moments in International Bureaucracy.
I don’t know what’s more laughable, the fact that some EU bureaucracy is creating an 80-minute poem (with dancing, no less), or that the “low-grade bank clerk” who masquerades as… Read more
More Sarkozy Demagoguery on Financial Regs.
Nicholas Sarkozy spoke at Columbia University in New York on Monday and, as he has done before, demonstrated that everyone who calls themselves a conservative is not a free marketer. … Read more
Government Corruption Watch, Part II.
Sleazy political behavior does not necessarily require a bag of money being handed to a poltician in a deserted parking garage. Sometimes it is blatantly visible. A good example is… Read more
Regardless of the Problem, the European Political Elite Thinks More Centralization and Bigger Government Is always the Answer.
Greece is in trouble for a combination of reasons. Government spending is far too excessive, diverting resources from more efficient uses. The bureaucracy is too large and paid too much,… Read more
Great Moments in Foreign Government.
Or maybe this belongs in the “great moments in international bureaucracy” series since it relates to European Union law. Regardless, we have another sign of Europe’s fiscal nightmare. A court… Read more
Great Moments in International Bureaucracy.
Greece’s fiscal disarray is a visible manifestation of Europe’s future, but the most appropriate symbol of what’s wrong with the continent comes from Brussels, where there are three “presidents” fighting… Read more
Orwellian Nightmare or Nanny State Run Amok?
I’m not sure how to categorize this story from England. Local governments are surreptitiously adding microchips to garbage cans to weigh the amount of rubbish each household is unloading. It… Read more
Good News for American Taxpayers (in the short run), Bad News for European Taxpayers.
According to Financial Times report the politicians in Paris and Berlin want to set up some sort of European Monetary Fund to help bail out Greece and other profligate European… Read more
Mega-Landslide Vote in Iceland Against Bailouts
An incredible 93 percent of voters in Iceland voted against financing British and Dutch bank bailouts. The politicians in England and the Netherlands argued that they were bailing out local… Read more
