Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Germany

Germany’s Deutsche Bank to Cut Half lts Employees

This article appeared online at TheNewAmerican.com on Thursday, November 9, 2017: 

John Cryan, the CEO of Deutsche Bank, the world’s 16th largest bank, gave advance warning about the avalanche of pink slips that were coming. In September, without divulging just how many were coming, the blunt-spoken Cryan told Financial Times’ Laura Noonan that it would be a “big number.” On Wednesday he made it much clearer just how big that “number” is going to be: ”We employ 97,000 people. Most big peers [our competition] have more like half that number.”

Cryan went further, targeting just who was going to get the axe: anyone involved in banking processes, working in cubicles, managing customers’ accounts, tracking investors’ positions, filing financial reports — in other words, any job that a human is currently doing that can be done more efficiently by a robot:

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Mayors Push Back Against National Reciprocity for Gun Owners

This article appeared online at TheNewAmerican.com on Monday, July 3, 2017: 

English: New York Mayor, Michael R. Bloomberg.

Michael R. Bloomberg

As national reciprocity legislation continues to gain momentum, it is predictably attracting opposition from groups such as the U.S. Conference of Mayors (USCM) and Michael Bloomberg’s “Everytown.” Meeting last week in Miami, Chicago Mayor Rahm Emanuel and New York City Mayor Bill de Blasio put forward a resolution for the Conference of Mayors blasting national reciprocity for licensed gun owners. It said in part,

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Trump Pressured to Stay in Paris Climate Agreement

This article appeared online at TheNewAmerican.com on Monday, May 29, 2017:

Candidate Donald Trump repeatedly promised that he would, if elected president, withdraw from the Paris Agreement agreed to under the previous administration in 2015. He said, “We are going to cancel the Paris climate agreement [and] stop all payments of the United States tax dollars to U.N. global warming programs.”

Under that agreement (not a treaty which then-President Obama claimed wouldn’t need Senate ratification), so-called global warming would be limited by slashing carbon dioxide and other emissions from the burning of fossil fuels and concentrating instead on green energy development.

One sign that Trump intends to keep his promise followed the official dispatch from the G7 Summit in Sicily on Friday:

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Greece Needs Another Bailout; Disagreement Threatens EU Itself

This article appeared online at TheNewAmerican.com on Thursday, February 9, 2017:

IMF Headquarters, Washington, DC.

IMF Headquarters

The report on Greece’s financial condition issued by the International Monetary Fund (IMF) on Monday was dismal, but, said the central bank, its future remains bright. First, the bad news: The EU member will fall far short of the budget-surplus targets put in place in order to get the last bailout. The Greek economy must grow at 3.1 percent but it expanded by only 0.4 percent last year.

However, the IMF said Greece’s economy is expected to grow by 2.7 percent in 2017. An unnamed European Union official who spoke to Bloomberg on the condition of anonymity said that

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Clinton Foundation Donations Fall Precipitously After Trump’s Election

This article appeared online at TheNewAmerican.com on Friday, November 25, 2016: 

White House portrait of the Clinton family (un...

Thanks to revelations by Charles Ortel, Peter Schweizer, Dinesh D’Souza, WikiLeaks, and Judicial Watch, the use of the Clinton Foundation by the Clinton family as its own personal piggy bank has been exposed. Donations began dropping off as early as 2014 but they have all but disappeared since Hillary failed to gain the White House.

The “quid-pro-quo” tacit agreements were exposed by the mainstream media with the Washington Post’s revelation in February 2015 that the Clinton Foundation

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More Proof Clinton Foundation was “Pay to Play” Scheme: Donations off

This article was published by The McAlvany Intelligence Advisor on Friday,k November 25, 2016:  

In his captivating and popular 90-minute speech to students on college campuses around the country, Dinesh D’Souza makes many telling points. High on the list is his conclusion that America “dodged a bullet” with the election of Donald Trump. Another is just how the Clinton Foundation’s “pay to play” scam worked.

It was a three-part deal:

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Czech President: “Citizens Should Arm Themselves”

This article appeared online at TheNewAmerican.com on Wednesday, August 3, 2016:  

Polski: Spotkanie Prezydenta RP z Premierem Re...

Czech President Milos Zeman

Reflecting a startling change of heart, Czech Republic President Miloš Zeman, once opposed to private civilian ownership of firearms for self-defense, told local Czech newspaper Blesk: “Earlier I spoke often about limiting the ability [of citizens] to have large quantities of weapons. But after the terrorist attacks [in France], I have changed the idea.” He is now pushing the Czech parliament to adopt a new law that would allow citizens to purchase, keep, and use firearms as necessary.

Zeman is also calling for a wall to be built along the country’s borders (the country is bordered by Germany, Austria, Slovakia, and Poland), and the expedited deportation of “failed asylum seekers.”

Zeman is hardly alone in his observations.

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Black Lives Matter Ideology Rebuffed by Black Scholar

This article was published by The McAlvany Intelligence Advisor on Wednesday, July 13, 2016: 

FRSO logo from freedomroad.org .

FRSO logo from freedomroad.org .

Founded by Marxists and serving as one of many front groups for the Freedom Road Socialist Organization (FRSO), the Black Lives Matter movement’s primary purpose is to overthrow the government of the United States and to replace it with a totalitarian dictatorship. One of the stumbling blocks to BLM and FRSO, happily, is the fact that local police are outside of federal control.

If local police can be replaced with federal or national police forces, the rest is easy:

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What Happens After Venezuela Destroys its Currency?

This article appeared online at TheNewAmerican.com on Friday, April 29, 2016:  

English: THE KREMLIN, MOSCOW. At a joint press...

Hugo Chavez and Vladimir Putin

Venezuela is unable to pay its currency printers. Those printers have been flying in planeloads of currency in the middle of the night, landing at airports where it is offloaded onto trucks to be dispersed to banks throughout the country. In other words, Venezuela doesn’t have the money to pay for its money.

The destruction of the currency, the bolivar fuerte (“strong bolivar”), has been documented at The New American and elsewhere. When oil prices dropped, so did revenues to fund the various socialist welfare schemes put in place by the communist Hugo Chávez and continued by his protégé, Nicolás Maduro, at Chavez’s passing in March 2013. Instead of reining in those unaffordable programs, socialist economists instead decided to print their way out of the crisis.

The results were predictable, and catastrophic.

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Was Houston Mosque Fire a False Flag Event?

This article appeared online at TheNewAmerican.com on Thursday, December 31, 2015:

When Gary Nathaniel Moore was arrested on Wednesday on charges that he set the fire at a Houston Mosque on Christmas Day, the narrative promoted by the national media blew up.

During the investigation by the Bureau of Alcohol, Tobacco, Firearms and Explosives (known as the ATF), Moore was identified from surveillance videos of the scene of the crime and confirmed after a search warrant revealed evidence in his home of charcoal lighter-fluid bottles that matched one left at the mosque.

In the days before Moore’s arrest, however, the narrative promoted by the mainstream media was that somehow it was a “hate crime” resulting from inflammatory statements made by

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Fracking Is Boosting Reshoring of American Jobs

This article appeared online at TheNewAmerican.com on Thursday, July 9, 2015:  

English:

In its latest report on American competitiveness, the Boston Consulting Group (BCG) estimates that the average cost to make goods in the United States is now only five-percent higher than in China, and between 10 and 20 percent lower when compared to the major European economies such as Germany and France. In less than three years, BCG projects China’s advantage to disappear altogether.

While part of the reason is rising wages in China and in the Eurozone and American companies improving their productivity faster than their competitors abroad, the primary reason, says BCG, is fracking — the technology that has driven energy costs to a fraction of what they were just a few years ago.

Back in August 2013, Harold Sirkin, a senior partner at BCG, predicted the U-turn that would result in “reshoring” of millions of jobs, starting in 2015:

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Greeks Shout “NO!”

This article was published by The McAlvany Intelligence Advisor on Monday, July 6, 2015:  

Greek citizens shouted “No!” to further austerity measures for the hapless country in exchange for more of what got it into trouble in the first place: other people’s money. The lopsided 60-40 vote astonished telephone pollsters, who predicted a much narrower victory for Greek Prime Minister Alexis Tsipras of the far-left Syriza party. Although the issues were far more complicated than the referendum made it appear, the 68-word ballot question made it easy: do you want more increases in taxes, more cuts in pension benefits, another increase in the VAT … or not?  Translated into English, the ballot read:

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Greece to the EU: NO!

This article was published online at TheNewAmerican.com on Monday, July 6, 2015:  

In an astonishing blow to the European Union’s credibility, Greek voters, fed up with five years of austerity, continuing recession, 25-percent unemployment, and severe cuts in pension payouts, strongly said “No!” at the ballot box Sunday. The 68-word ballot question, rejected by 61 percent of the voters, reads (translated into English):

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Will Sunday’s Greek vote Signal the end of Monnet’s Dream?

This article was published at The McAlvany Intelligence Advisor on Friday, July 3, 2015:  

Greece’s Prime Minister Alexis Tsipras said that Sunday’s vote is only about accepting or rejecting the troika’s terms to restart the flow of bailout funds that has been keeping the Greek economy from tanking. He said that a “no” vote “does not mean rupture with Europe but a return to Europe with values.”

Most assuredly Sunday’s vote is likely to, in hindsight, turn out to be much more than that. Historians might write that Sunday, July 5, 2015, ended Monnet’s dream.

Monnet was the architect, the primary driving force, behind the failing experiment in Europe called the European Union. He was head of the first genuine European executive body,

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Do Negative Interest Rates Portend a Negative Economy?

This article first appeared online at TheNewAmerican.com on Monday, May 4, 2015:

Last Thursday the London Daily Telegraph’s assistant editor, Jeremy Warner, reported an astonishing statistic: Almost a third of all government debt in the eurozone is paying negative interest rates. That’s more than $2 trillion in government bonds, and, it appears, investors are happy that they aren’t paying even more.

Fifty percent of French bonds now trade with a negative yield, while 70 percent of Germany’s bonds trade at a negative yield. More remarkably, in Spain, which was on the verge of insolvency just a few years ago, 17 percent of its government bonds now trade with a negative yield.

This is counterintuitive, which explains why Keynesians, those who believe that “demand” in an economy can be artificially increased by manipulating taxes and the money supply, have no explanation for it. In theory,

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Putin to Ukraine’s President: “What’s Mine is Mine…”

This article was first published at The McAlvany Intelligence Advisor on Friday, February 13, 2015:

John F. Kennedy

John F. Kennedy

Leaders of Germany, France, Lithuania, and Ukraine labored mightily into the night on Wednesday, to birth a minnow. Gathering around a table somewhere in the city of Minsk, French President Francois Hollande, German Chancellor Angela Merkel, Lithuanian President Dalia Grybauskaite, and Ukrainian President Petro Poroshenko agreed to a weak-kneed, temporary cease-fire between Russia-backed insurgents in eastern Ukraine and Poroshenko’s troops. It will begin on Sunday, and hopes are modest that it will stick this time.

Even if it doesn’t, it will cement into place Putin’s insurgents’ position.

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Mercedes-Benz Latest to Leave New Jersey Owing to High Taxes

This article first appeared online at TheNewAmerican.com on Thursday, January 8, 2015:

Mercedes-Benz HighPerformanceEngines

The rumors swirling around the Mercedes-Benz headquarters in Montvale, New Jersey were confirmed by the company’s U.S. president, Stephen Cannon, on Tuesday: It would move its U.S. headquarters from Montvale to Atlanta, starting in July. The move would affect about 1,000 employees, about half of whom would likely be offered the opportunity to move with the company.

The decision to move was based on the high-cost and high-tax environment in New Jersey compared to Georgia, although one had to read between the lines of the company’s official statement to ferret that out:

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Barack Obama, Bassem Masri, and the Impending Ferguson Riots

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, November 19, 2014:

In a remarkable revelation, J.E. Dyer, writing for Liberty Unyielding, posted Bassem Masri’s tweets showing not only his invitation to participate in a Justice Department meeting over the tinder box of Ferguson, Missouri, but also its support of the impending firestorm there that will follow the grand jury’s decision.

On November 6, Masri tweeted:

Department of Justice called me yesterday invited me2a meeting today at 6pm on Police Reform want2 hear my ideas….

Later that same day Masri added:

DOJ has appointed a few of us2reform the police in the entire region that should resonate nationwide thats the director intentions….

And then he added the damning comment:

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Tax Avoiders Performing a Public Service

This article first appeared at The McAlvany Intelligence Advisor on Monday, November 3, 2014: 

English: Judge Learned Hand, circa 1910. Franç...

Judge Learned Hand, circa 1910.

In his letter to the Washington Post on Saturday, libertarian economist Donald Boudreaux unwittingly exposed the logical fallacy behind the OECD’s (Organization for Economic Co-operation and Development) new “tax evasion” treaty: they really think they can help the little taxpayer by increasing the collection of taxes on the evaders. Wrote Boudreaux:

Consider the U.S.: in 31 of the 67 post-war years from 1946 to 2013, Uncle Sam’s budget deficit rose … when his tax receipts increased.

This fact means that Uncle Sam almost as often as not responds to each dollar of additional tax revenue by increasing his spending by more than a dollar – thus imposing a heavier tax burden on future taxpayers.

In other words, tax avoiders (not evaders) are performing a public service by doing what they can to reduce government revenues which constrain government spending.

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Why Aren’t Gas Prices Lower?

This article first appeared at TheNewAmerican.com on Friday, August 29, 2014:

 

English: Took image myself as an example of th...

With gasoline prices averaging, according to the AAA Motor Club, just $3.43 a gallon as of August 28, Clifford Krauss celebrated the “new American oil bonanza” in an article for the New York Times. Unfortunately, Krause is behind the times and only half right. The “new” American oil bonanza is not new, nor is it confined to oil. The first economical natural gas shale fracture was completed in 1998 by George Mitchell’s company, Mitchell Energy, using slick water fracturing. Since then, natural gas from shale has been the fastest growing contributor to total primary energy in the United States, with crude oil extraction from shale right behind.

Happily, Krause got the rest of it right when he noted that

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.