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 is generally thought that this is the beginning stage of a government…
Daily Analysis
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 nations. This is good news in the short run for American taxpayers since it is less likely…
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 subsidiaries of an Icelandic bank, so Iceland’s taxpayers should pick up…