Will Europe Man Up?


Posted on 24th November 2015 by Administrator in Economy

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Guest Post by Patrick J. Buchanan

Will Europe Man Up?

If the purpose of terrorism is to terrify, the Islamic State had an extraordinary week. Brussels, capital of the EU and command post of mighty NATO, is still in panic and lockdown.

“In Brussels, fear of attack lingers” was Monday’s headline over The Washington Post’s top story, which read:

“Not since Boston came to a near-standstill after the Boston Marathon bombing in 2013 has the life of a major Western city been brought to a halt this way by the fear of terrorism.”

Below that is this headline: “After Paris, a campaign changed by fear.”

That story is about what’s happened in our presidential race: “Across the country … have come pronouncements of anger and fear not seen after the terrorist attacks in London and Madrid — or even in some ways after Sept. 11 2001.”

Voters speak of “feeling more afraid of the Islamic State, more horrified by the imagery of the beheadings and other atrocities.”

The New York Times’ Roger Cohen describes the Paris he loves.

“[T]hey are shaken. There is a void in the streets too empty, a new suspicion in appraising glances, a wary numbness. Paris is afflicted with absences — the dead, of course; visitors frightened away; minds frozen by fear; and tranquility lost. The city feels vulnerable.”

“I think France is attacked above all for what it is,” writes Cohen, “That in turn is terrifying. … I don’t think Paris has ever felt so precious or precarious to me as it did over the past week.”

Terrible as the massacres were, some perspective is in order.


Nigel Farage – 2013: The EU is Increasingly About War


Posted on 22nd November 2015 by Administrator in Economy

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ISIS Is a Monster of Our Own Creation


Posted on 21st November 2015 by Administrator in Economy

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Guest Post by Bill Bonner, Chairman, Bonner & Partners 

PARIS – Paris was calm last night.

We walked across the River Seine…

Pausing to take this photo of the Eiffel Tower along the way.

Screen Shot 2015-11-19 at 11.56.45 AM

We were living in Paris in 2003 when President George W. Bush and his team decided to attack Iraq.

Our misgivings were recorded in the Daily Reckoning e-letter we were writing at the time. As we put it:

The U.S. invasion was arguably the best thing that ever happened to jihadists. It challenged them. It forced them to grow and adapt. Like an oversupply of antibiotics in a New Delhi hospital, U.S. interference has wiped out the weakest of the terrorists and forced others to mutate into much more lethal varieties.

The war in Iraq led to dozens of experiments and innovations — in the art of insurgency as well as in organizational skills and management. What was just a handful of nut-job jihadists a few years ago, under pressure from the U.S. military, has become far more powerful and much less amateurish.

But the worst thing that could come from an aggressive attack, we warned, would be victory. It would encourage even more stomping around where we have no business.

We reported that the French had wisely, in our view, decided to stay out of it and suggested that Americans might be better off out of it too.

This view so infuriated readers that thousands canceled their free subscriptions. One wrote to say he hoped the U.S. would “bomb Paris on its way to Baghdad.”


Paris, Sharm el-Sheikh, and the Resurrection of Old Europe


Posted on 20th November 2015 by Administrator in Economy

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Outside the Box: Paris, Sharm el-Sheikh, and the Resurrection of Old Europe

By John Mauldin


Soon after the Paris attacks, I picked up the phone to talk over the situation with my friend George Friedman. George is one of the truly world-class thought leaders on geopolitics. We had an animated 20-minute conversation. I didn’t particularly like what I heard.

George thinks we face big difficulties in dealing realistically with the ISIS threat. The more I read—and the more I listen to people like George who have worked these issues for decades—the more I think that we, as a culture, need to face reality.

I asked George to distill his thoughts into a short essay I could publish in Outside the Box, and he agreed.

This is a very thought-provoking piece with a different conclusion—which is what you can always expect from George.

Paris, Sharm el-Sheikh, and the Resurrection of Old Europe

John Mauldin, Editor
Outside the Box
[email protected]

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By George Friedman

The attacks in Paris last Friday night were part of a long-term pattern of occasional terrorist attacks by jihadists on targets in Europe. In the European context, this stood out for two reasons. First, the scale of the attack was substantially larger than other attacks in recent years, both in the number of participants and the number of casualties. Second, it was different in the level of sophistication and planning. Securing weapons and explosives, gathering at least three teams, identifying the targets and the manner in which these targets were to be attacked involved fairly complex logistics, intelligence and above all coordination. Most impressive was their counter-intelligence and security. There were at least seven attackers and additional support personnel to secure weapons, gather information and help them hide out in preparation for the attack. No one detected them.




Posted on 18th November 2015 by Administrator in Economy

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Via Ben Garrison

France’s Far-Right Party Calls For Nation To “Re-Arm Itself”, Revoke Muslims’ Passports, “Eradicate” Radical Islam


Posted on 14th November 2015 by Administrator in Economy

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Tyler Durden's picture

If there is one ‘winner’ from last night’s terrible events in Paris, it is France’s anti-EU, anti-immigration far-right wing Front Nationale party leader Marine Le Pen. Having already ascended to the lead in yet another poll ahead of France’s 2017 elections, Le Pen came out swinging this morning call for France to “re-arm itself,” stating that radical Islam must be “eradicated” from France. She further demanded that border controls be made “permanent” and binational Islamists must be depreived of their French passport.

As Bloomberg notes:


Which is all fine if this was some extreme and unpopular party, but in fact…

Marine Le Pen Tops Another French Presidency Poll



Posted on 31st July 2015 by Administrator in Economy |Politics |Social Issues

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Posted on 22nd July 2015 by Administrator in Economy |Politics |Social Issues

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France Restricts Cash, Movement of Gold & Crypto-Currencies


Posted on 4th May 2015 by Administrator in Economy |Politics |Social Issues

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Hollande Addresses Nation on EU Failure 5-26-2014

France is of course the most socialist country in Europe and it always attacks anyone with money. Its latest war on money is broadening to create a virtual lock-down on all assets of anyone. France is strengthening the control of cash payments drastically. Also the gold sales and movement of any tangible goods is to be reported.

The French Finance Minister Michel Sapin has announced a drastic tightening of the use of cash in France. As the newspaper Le Parisien reported that citizens should be strictly monitored from September 2015 if they make payments in cash.

– The limit on cash payments will be reduced from 3,000 euros to 1,000 euros.

– Tourists can only pay up to 10,000 euros in cash, so far there were 15,000 euros.

– If a Frenchman wants to change money into another currency, it must still do to 1,000 euros without identification only. So far, French could buy foreign currencies for 8,000 euros.

– If a bank customer stands out more than 10,000 euros in a month from his account, the bank must report the transaction to the Money Laundering Authority TRACFIN.

– Banks must inform the authorities of all cargo transfers within the EU that exceed 10,000 euros. This regulation checks, pre-paid cards and even gold are affected.

– The control of crypto-currencies like Bitcoin to be drastically tightened.

This is the economic tyranny we face. What is yours really belongs to them from the way they see it. We no longer live in a democratic world. This is all about them controlling the people to sustain their power. The French official reason for these measures is the “war on terror”. In fact, it is the measure that we are witnessing around the globe because those in power feel it slipping away. This is not a war on terror, it is war against the people in the form of financial repression. It is still unclear whether other euro countries to follow the example of Paris and its citizens in other countries restrict the free, private use of their money.



Posted on 12th February 2015 by Administrator in Economy |Politics |Social Issues

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In Part One of this article I explained the model of generational theory as conveyed by Strauss and Howe in The Fourth Turning. In Part Two I provided an overwhelming avalanche of evidence this Crisis has only yet begun, with debt, civic decay and global disorder propelling the world towards the next more violent phase of this Crisis. In Part Three I addressed how the most likely clash on the horizon is between the government and the people. War on multiple fronts will thrust the world through the great gate of history towards an uncertain future.

War on Multiple Fronts

“The risk of catastrophe will be very high. The nation could erupt into insurrection or civil violence, crack up geographically, or succumb to authoritarian rule. If there is a war, it is likely to be one of maximum risk and effort – in other words, a total war. Every Fourth Turning has registered an upward ratchet in the technology of destruction, and in mankind’s willingness to use it.” – Strauss & Howe – The Fourth Turning

The drumbeats of war are pounding. Sanctions are implemented against any country that dares question American imperialism (Russia, Iran). Overthrow and ignominious imprisonment or death awaits any foreign leader questioning the petrodollar or standing in the way of America spreading democracy (Iraq, Libya, Syria, Ukraine, Egypt). The mega-media complex of six corporations peddle the government issued pabulum about ISIS being an existential threat to our freedoms; Russia being led by the new Hitler and poised to take over Europe; Syria gassing innocent women and children; and Iran only six months away from a nuclear bomb (they’ve been six months away for the last fourteen years). Hollywood does their part with patriotic drivel like American Sniper, designed to compel low IQ unemployed American youths to swell with pride and march down to enlistment centers, located in our plentiful urban ghettos.

The most disconcerting aspect of Fourth Turnings is they have always climaxed with total destructive all-out war. Not wars to enrich arms dealers like Iraq, Afghanistan, and Syria, but incomprehensibly violent, brutal, wars of annihilation. There are clear winners and losers at the conclusion of Fourth Turning wars. Leaders mobilize all forces, refuse to compromise, define their enemies in moral terms, demand sacrifice on the battlefield and home front, build the most destructive weapons imaginable, and employ those weapons to obtain victory at any cost.

It may seem inconceivable that war on such a scale will happen within the next ten years, but it was equally inconceivable in 1936 that 65 million people would die in the next ten years during World War II. We valued all the wrong things and made all the wrong choices leading up to this Crisis and during the early stages of this Crisis. The accumulation of unmet obligations, unpaid bills, un-kept promises and unresolved issues will provide the fuel for an upheaval that will shake our society to its core and transforms the country’s direction for the next sixty years. The outcome of the conflict could be tragedy or triumph. Our choices will make a difference.

There will be war on many fronts, and they have already begun. The culmination will likely be World War III, with the outcome highly uncertain and potentially disastrous.


US & UK try to sabotage any Ukraine peace agreement


Posted on 7th February 2015 by Administrator in Economy |Politics |Social Issues

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Talks between Russia’s President Putin, France’s President Hollande, and German Chancellor Merkel have been constructive, said Kremlin spokesman Dmitry Peskov on Friday. However, RT spoke with political analyst Dan Glazebrook, who thinks that while Germany seems enthusiastic about the peace talks, the other sides involved in the conflict – the US and UK – are creating obstacles which may stand in the way of the conflict’s resolution.

France Has Taken the Extremists’ Bait…


Posted on 18th January 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Bill Bonner

Dear Diary,

It took only 48 hours. And France took the bait.

Rather than declare the murder of the Charlie Hebdo cartoonists a crime, which it surely was, French prime minister Manuel Valls turned an act of murder into an act of war, which it surely wasn’t.

“France Declares ‘War,’” bleated a headline in Sunday’s New York Times.

Now the killers are martyrs in a holy war against the West. Western nations can now roll out more armored vehicles, more airport security, more snooping and more spending – all in the name of protecting citizens from fanatics.

Fear and Loathing in Paris

Paris looked like a city under siege when we went through it on Saturday.

Helicopters overhead. Gendarmes everywhere. Fear and loathing down every rue.

Even with the diminutive François Hollande at its head, the French government seemed suddenly robust – its muscles flexed, its cheeks rosy and flush with energy and purpose.

“War is the health of the state,” said American writer Randolph Bourne.

“Compare what these Islamic commandos did to Charlie Hebdo and what your Navy SEAL team did to Osama bin Laden,” suggested a provocative Frenchman.

“Both were trained to kill. Both killed unarmed people in the name of their cause. Bin Laden had been accused of a serious crime. But no trial was ever held. No verdict ever rendered.

“The cartoonists had been accused of a serious crime, too… at least as the radical Islamists saw it. In both attacks the killers gunned down innocent people who hadn’t been accused of anything.”

“What’s the difference?” he asked. He did not stay for an answer.

We had one: In our Western tradition, making fun of someone is not a capital crime. Plotting the murder of thousands is.

But the man had a point. The perps – the brothers Kouachi – believed in a different tradition… a different set of rules… and a different kind of justice.

Once killing is permitted, people will reach out to others… and blow their brains out.