Anarchy Draws Near as Greece Flirts With Default
The debt chickens are coming home to roost in Greece, and the hen house is collapsing. As the hard-pressed Greek parliament convened to vote on an enormously unpopular austerity measure insisted...
About: Charles Scaliger
Posts by Charles Scaliger
Is It Nuts to Let Iran Go Nuclear?
On the morning of January 11, Mostafa Ahmadi Roshan, a 32-year-old chemist from Sharif University in Tehran, was riding in a Peugeot 405 along Shahid Golnabi Street in eastern Tehran. As...
Forbes: United States of Europe Coming Soon
A United States of Europe — minus recalcitrant Great Britain — is nearly upon us; thus saith Forbes magazine. “The euro, in its old form, has fallen into crisis and the...
Europe’s Latest Attempt to Save the Euro Long on Rhetoric, Short on Promise
Investors are bullish on Europe yet again after a two-day summit in Brussels produced a triumphant agreement on the part of the 17 eurozone member nations to get their collective fiscal...
Banks Prepare for the Worst as Europe’s Downward Spiral Continues
The European crisis continues to mushroom, even as Eurocrats meet in Brussels to try to stave off implosion of the eurozone. Tuesday’s sale of Italian debt forced the government of Italy...
Financial Endgame in Europe
By every appearance, we are entering the final, calamitous act of the European debt crisis, a sprawling, slow-motion debacle that is about to engulf the world in financial turmoil more acute...
Cain’s 9-9-9: Same Recipe, Different Topping
Faced with widespread criticism of his once-vaunted “9-9-9” tax scheme, former pizza maker Herman Cain has changed a few ingredients. 9-9-9, readers will recall, was an attempt to simplify America’s Byzantine...
Police Protection and Power
No extended society has ever existed without some form of law enforcement. However, it is important to understand that there are two very different approaches to maintaining public order. ...
National Review’s Latest Smear: Ron Paul and The John Birch Society
Although William F. Buckley, Jr., died more than three and a half years ago, his spirit clearly lives on in the National Review, the neoconservative political magazine he founded in 1955....
Federal Government Turns on the Banks It Bailed Out
After spending hundreds of billions to bail them out, the federal government is now turning on the big banks it once protected. Earlier this month, the Federal Housing Finance Agency launched...
Federal Reserve to Bail Out European Banks (Again!)
To the list of mega-corporations bailed out by the U.S. government, we now must add — Europe. In an announcement that rocked financial markets worldwide, the European Central Bank revealed yesterday...
Obama: More Govt Needed to Help Economy
Where has all of America’s labor gone? Following the announcement that the economy added no new jobs in the month of August, President Obama’s Labor Day politicking with GM workers in...
Netting Newfoundland’s Prosperity
Sometime in the early summer of 1497, a small caravel, the Matthew, with a crew of 18 men, spied land after weeks of perilous sailing across the dangerous, then-unknown waters of...
Second Chance in Debt Deluge
With the raising of the debt ceiling, the “official” federal debt immediately surged past a new and unwelcome benchmark: The national debt now exceeds 100 percent of the gross domestic product...
S&P Points to Plain Problem
In 1941, the United States was first assigned the so-called “triple A” or AAA rating, a reflection of the widespread belief, at least in the free world, that the United States...