Greece Runs Out of Other People’s Money
The Eurozone’s problem child throws a tantrum: Two senior Greek retail bank executives said as many as 500 of the country’s more than 7,000 ATMs had run out of cash as of Saturday morning, and that some lenders may not be able to open on Monday unless there was an emergency liquidity injection from the […]
Greece Threatens Sovereign Default
This could trigger a global financial crisis: Greek premier Alexis Tsipras has accused Europe’s creditor powers of issuing “absurd demands” and come close to warning that his far-Left government will detonate a pan-European political and strategic crisis if pushed any further. Writing for Le Monde in a tone of furious defiance after the latest set […]
‘Fempocalypse’
Exactly how I never before noticed the blog “Owning Your Sh*t,” I’m not sure. This lady has got it nailed cold: Okay, someone commenting on my last video scoffed at my assertion that unless our attitudes change, society will, sooner or later, reach a…well, let’s call it a “fempocalypse.” That is, that feminism will eventually […]
‘Recovery’ in the Obama Age
Democrats discovered they can reduce the official unemployment rate by driving people out of the work force altogether: The number of Americans 16 years and older who did not participate in the labor force–meaning they neither had a job nor actively sought one in the last four weeks–rose from 92,898,000 in February to 93,175,000 in […]
Study: Lesbians in U.S. Earn 20% More Than Heterosexual Women
CNN has been giving hourly updates to hype claims that a religious freedom law in Indiana could unleash hateful discrimination against gay people. This appears to be a media-driven hysteria. Nineteen other states have laws similar to Indiana’s Religious Freedom Restoration Act, which is modeled after a federal law Bill Clinton signed. Yet the question […]
‘Peak Hipster’ in San Francisco
“Affordable housing” is one of those phrases, like “social justice” and “sexual equality,” that sounds like a good thing, until you realize it’s a license for totalitarianism. For most of us, “affordable housing” means living someplace where we can afford the rent. The advocates of “affordable housing,” however, always want to live someplace we couldn’t […]
What the #EllenPao Verdict Actually Means About the ‘Rights’ You Don’t Have
A California jury on Friday rejected the claim by Silicon Valley executive Ellen Pao that her rights had been violated by her former employer, Kleiner Perkins Caufield & Byer. And this verdict is a teachable moment. The modern concept of employee “rights” is antithetical to economic liberty. Employment in a free-market system is always a […]
European Economic Crisis?
There is a lot of very important news out there today, but perhaps nothing is really more important than this: The completely unexpected decision of the Swiss National Bank (SNB) to remove the 1.20 floor on the Swiss franc against the euro [last week] was one of the biggest currency shocks since the collapse of the […]
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