Via Libya and the War Powers Act – NYTimes.com, comment on Obama’s conflict with Congress over whether US participation is within his authority: It would be hugely costly — for this country’s credibility, for the future of NATO and for the people of Libya — if Congress were to force President […]
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Inflation Is Here, and It Is Going to Get Worse – Frank Shostak – Mises Daily
A great lesson on inflation from Frank Shostak appears on mises.org, including this quote from Ludwig von Mises: Inflation, as this term was always used everywhere and especially in this country, means increasing the quantity of money and bank notes in circulation and the quantity of bank deposits subject to […]
Read MoreFun and games in the Daily Mail?
Via Mail Online: A Tory Euro rebel MP was reportedly reduced to tears after being caught in the crossfire between his millionaire father and a furious David Cameron over a vote to stop Brussels gaining more power over Britain. I wonder who reported that. I was with Chris, the subject of […]
Read MoreJohn Redwood reports the facts on the EU External Action Service
Via John Redwood’s Diary: According to the EU’s website 1525 staff transferred to the new External Action Service when it was set up last year. They recruited another 118 staff immediately. The EU now has 130 Embassies around the world, covering all the important countries and global institutions, and many smaller […]
Read MoreThe Great Deception
This post from 5 April 2009 seems appropriate to bring forward, following yesterday’s motion on EU economic governance. Today, I shall be remembering those who have fought and died for our freedom over the years. A good time to complete Booker and North’s extensive history of the European Union — […]
Read MoreYes, Minister: Sir Humphrey has all the solutions – Telegraph
Via the Telegraph, Yes, Minister: Sir Humphrey has all the solutions provides a series of memos from Sir Humphrey Appleby to Bernard Woolley on electoral reform, guiding ministers, Brussels and transparency. The entire article is a must-read, but I think the following is my favourite passage: Brussels provides a model for […]
Read MoreRed Ed – already trying to rewrite history
N.B. Tim Hewish is my Parliamentary Researcher. I asked him to comment on Ed Miliband’s conference speech. I have just listened to Ed Miliband’s first official speech as leader of the Labour Party. I am struck by the attempted hoodwink he is trying to pull. He talks about the optimism of […]
Read MoreRazeen Sally, “Trade Policy, New Century”
This post originally appeared on cobdencentre.org. Razeen Sally’s Trade Policy, New Century (PDF) succeeds magnificently in explaining the 21st-century case for free trade and, specifically, unilateral trade liberalisation to the interested, non-specialist reader. From the IEA home page of the book: The World Trade Organization (WTO) is failing to deliver […]
Read MoreSir Ken Macdonald on Tony Blair
Via The Scotsman, we learn of Sir Ken Macdonald’s view of Tony Blair in respect of the war in Iraq: TONY Blair deployed “alarming subterfuge” to mislead the British people over the war in Iraq, one of his top law officers has said. Sir Ken Macdonald, who was director of […]
Read MoreHow to destroy the British banking system
Over at The Cobden Centre, my friend and colleague, financial engineer Gordon Kerr, explains how to destroy the British banking system through the use of derivatives which take advantage of the regulatory system, then sets out four measures to solve the problem: Nine years ago I worked as a structuring engineer […]
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