by Dan Mitchell | May 10, 2010 | Blogs, Uncategorized
Here are some very depressing stories. The Daily Mail reports that a European Court has ruled that the U.K. no longer can impose restrictions on welfare payments to women married to suspected terrorists: A European court has instructed Britain to drop restrictions...
by Dan Mitchell | May 7, 2010 | Big Government, Blogs, Uncategorized
I always appreciate a column that sounds like I could have been the author, and this editorial from the WSJ hits the mark. The IMF/EU bailout is just masking the problems of a bloated welfare state and giving politicians some breathing room to avoid making the real...
by Dan Mitchell | May 5, 2010 | Big Government, Blogs, Europe, Uncategorized
There’s an old joke that if you owe a bank $10,000, you have a problem, but if you owe a bank $10,000,000, the bank has a problem. The Greek government certainly seems to have that attitude. Short-sighted and corrupt politicians in Athens have spent their nation...
by Dan Mitchell | May 5, 2010 | Big Government, Blogs, Europe, Uncategorized
My blood pressure spiked after reading this story from the UK-based Times. The Greeks are rioting in the streets because they want our money (i.e., an IMF bailout) and they want to keep all the inefficient and wasteful government policies that caused the crisis. In...
by Dan Mitchell | Apr 29, 2010 | Big Government, Blogs, Europe, Taxation
I get a lot of email asking me about Greece, especially since I don’t give the issue much attention on the blog. I am paying close attention to what’s happening, especially since Greece is a canary in the coal mine. But I generally try to avoid being...