It’s 1790 All Over Again

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Posted on 26th March 2016 by Administrator in Economy

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Guest Post by Hugo Salinas Price

It was 1790 and the revolutionary National Assembly in Paris was worried.

Complaints were reaching the Assembly from all over France, that business was stagnant, sales were down, people were without work, and there was a great scarcity of money.

This was quite natural, because all business slows down when the prevailing source of Authority is under question. The Bastille prison had been taken the prior year by a revolutionary crowd and all sorts of ugly things were being said about King Louis XVI and his pretty young Queen, Marie Antoinette.

But this was the “Age of Reason” and the most educated, intelligent and reasonable people in France were members of the revolutionary National Assembly, which gathered daily in Paris.

The Assembly put their highly educated heads together and came to the conclusion that a scarcity of money was quite intolerable and that the Assembly must really do something about it.

“What do we have highly educated brains for, if we can’t solve the problem of a scarcity of money? Without a doubt, Reason can overcome this problem.”

So the members of the National Assembly thought about the problem of the scarcity of money, and came up with a splendid idea: “Let us create the necessary money, and things will go swimmingly.”

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Eagles of Death Metal singer – “everybody must have guns”

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Posted on 17th February 2016 by Administrator in Economy

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While we fight over Trump, France closes 3 mosques, finds hundreds of weapons

13 comments

Posted on 10th December 2015 by Administrator in Economy

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Hat tip Francis Marion

Via Hot Air

The French have adopted what is clearly a no-nonsense attitude toward radical Islamist terrorism since the Paris attacks and they’re not taking their foot off the gas. As the United States continues to debate over “tone” and how to balance religious liberty and tolerance against domestic security, Francois Hollande’s forces have “cut a few corners” on those subjects and just begun shutting down mosques. At least three of the Muslim houses of worship have been closed already and law enforcement has found a trove of disturbing items among the haul. (Speisa)

Police investigating the Paris terror attacks have shut down three mosques in a series of raids to close the net on Islamic extremists, the Express reports.

Police in France also arrested the owner of a revolver found during Wednesday’s raid, France’s Interior Minister Bernard Cazeneuve said.

Security officials found jihadist documents at the mosque where yesterday’s raids took place.

They have placed nine people under house arrest. Another 22 have been banned from leaving the country Mr Cazeneuve said.

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America and France Turn Right

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Posted on 8th December 2015 by Administrator in Economy

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Guest Post by Patrick J. Buchanan

In Sunday’s first-round of regional elections in France, the clear and stunning winner was the National Front of Marine Le Pen.

Her party rolled up 30 percent of the vote, and came in first in 6 of 13 regions. Marine herself won 40 percent of her northeast district.

Despite tremendous and positive publicity from his presidential role in the Charlie Hebdo and Paris massacres and the climate summit, Francois Hollande’s Socialist Party ran third.

What drove the victory of the National Front?

According to The Wall Street Journal’s William Horobin, “Ms. Le Pen, who has combined the party’s anti-immigration stance with calls for hard-line security measures and tighter control of France’s borders, has only bolstered her support in the three weeks since the Paris attacks.”

The rightward shift in French politics is being replicated across Europe, as nations tighten borders and erect new checkpoints against the tsunami of migrants and refugees from Africa and the Middle East.

Angela Merkel and open borders are yesterday in Europe; Marine Le Pen is tomorrow.

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The Next French Revolution

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Posted on 7th December 2015 by Administrator in Economy

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le-pen Grandaughter

 

The politics in France is changing and the shift is underway ahead of the 2017 presidential elections. Today, France’s far-right National Front won almost 30% of the vote. Between the high taxes, abuse of socialists who have driven the economy into the ground as evidenced by the share market decline when everyone else has been making new highs, rising unemployment, falling property prices, and now the Islamic State attack that killed 130 people in Paris on Nov. 13,  Marine Le Pen’s party secured 29.4% of the vote nationally.

Marine-Le-PenThis anti-Europe, anti-immigration party, which came first in six regions out of 13 is warning that things are changing in Euroland. “This is a historic, extraordinary result,” Front National lawmaker Marion Marechal-Le Pen told TF1 television. “The old system died tonight.”. Marion is the granddaughter of Jean-Marie and niece of Marine Le Pen and is a glamorous 25-year-old who is upsetting the political tables much as Donald Trump is in the USA. Marion is overthrowing the mainstream conservatives and socialists. This is a nationalist type movement that has not been seen in France since Napoleon, She was elected at 22 to be the youngest in French history. This is showing the generational shift our computer has been projecting for this period. A full-blown political turn.


Why the US, France and Britain are destroying Syria

19 comments

Posted on 6th December 2015 by Administrator in Economy

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Hat tip Westcoaster
Guest Post by Sam Gerrans
© Darren Staples
Since Russia stepped up to the plate, suddenly western countries can’t wait to bomb ISIS. Are they now there to get the job done? Or are they there to stop Russia increasing its influence, and to make sure it doesn’t succeed where they failed?

The world is falling over itself to bomb Syria.

The following statement from Reuters summarizes the situation: “Most of the world’s powers are now flying combat missions over Iraq and Syria against Islamic State. But any consensus on how to proceed has been thwarted by opposing policies over the 4-year-old civil war in Syria, which has killed 250,000 people, driven 11 million from their homes, left swathes of territory in the hands of jihadist fighters and defied all diplomatic efforts at a solution.”

While it may seem to the outside observer that this catalogue of mayhem is the result of incompetence, to me – on the contrary – it is evidence of things going to plan.

I have never, thus far, seen a war the ruling elite clearly wanted to happen not happen.

Here, as in all other cases, there has been a bit of hand-wringing, some crying, some protests, some moving speeches. But like the morality plays of medieval times, after enjoying the sermon dressed as entertainment, life has inevitably carried on as normal with the barons raping and pillaging and everyone else having to put up with that reality.

Destruction of Syria is the plan

This time the plan – at least judging from the outcomes – is to destroy Syria.

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In the West, the Inmates Run the Asylum

5 comments

Posted on 4th December 2015 by Administrator in Economy

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Hat tip Francis Marion

Guest Post by

 

“HEY, it’s me, Salah Abdeslam. Did you see the attacks across Paris? Bismillah, may we have many more like them. Brothers Brahim, Abaaoud, myself and others pulled it off. I’m still in Paris. I need a ride back to Brussels. Come get me.”

After executing 130 people in Paris, Nov. 13, and maiming many more, Abdeslam called his compadres in Belgium to ask for a lift home. I can’t vouch for the precise wording of the telephonic exchange between Salah Abdeslam and his contacts in Belgium. But the call took place, as BBC News reported. And it must have been quite a relaxed one, circumstances considered.

Still on the lam, Abdeslam knows he has nothing to fear. The French authorities were on heightened alert. The Kufar’s telephones had all been tapped. Yet Salah’s faith in the French fools was unshaken for a reason.

Without court orders, as The Guardian tells it, François Hollande’s socialist government taps phones and emails, hacks computers, installs “secret cameras and recording devices in private homes”; infects French Internet and phone service providers with “complex algorithms” designed to “alert the authorities to suspicious behavior.”

Yet it all—the French Surveillance State—amounts to naught.

Like gun laws, spy laws oppress only law-abiding, harmless individuals.

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AND IT BEGINS

19 comments

Posted on 2nd December 2015 by Administrator in Economy

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There are a large number of people in Europe who will not let politicians dictate the demise of their culture. There are an equal amount in the U.S. They will increasingly take the law into their own hands.

Will Europe Man Up?

7 comments

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.

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Nigel Farage – 2013: The EU is Increasingly About War

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Posted on 22nd November 2015 by Administrator in Economy

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ISIS Is a Monster of Our Own Creation

9 comments

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.”

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

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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.

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CULTURAL SUICIDE

8 comments

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

19 comments

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:

  • *FAR RIGHT PARTY LEADER MARINE LE PEN COMMENTS IN TV SPEECH
  • *LE PEN SAYS FRANCE NEEDS TO CONTROL ITS BORDERS PERMANENTLY
  • *LE PEN CALLS FOR PERMANENT BORDER CONTROLS
  • *LE PEN CALLS FOR ‘ERADICATION’ OF RADICAL ISLAMISM IN FRANCE
  • *LE PEN: FRANCE IS ‘VULNERABLE’, ‘MUST RE-ARM ITSELF’
  • *LE PEN: FRENCH PEOPLE ARE NO LONGER SAFE
  • *LE PEN: BI-NATIONAL ISLAMISTS MUST DEPRIVED OF FRENCH PASSEPORT

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

Marine Le Pen Tops Another French Presidency Poll