Obama’s Roadmap For Economic Destruction

This Bloomberg article is like a roadmap for destroying an economy. France under François Hollande is the Progressive’s ideal state where the “rich” pay for the poor’s welfare benefits. One could say it is the same roadmap that Obama’s Progressive agenda is following. It is one that fails to understand how economies work. The result [...]


Big Brother In France

Power Hogs Targeted by France in Big Brother Legislation

Heating a French home could soon require an income tax consultation or even a visit to the doctor under legislation to force conservation in the nation’s $46 billion household energy market.

A bill adopted by the lower house this month would set prices that homes pay [...]


François Hollande, The New French President

This article comes from the City Journal, a publication of the Manhattan Institute. They write about many interesting things mostly about urbanism. They come at things from a mostly conservative, free market viewpoint (Bill Kristol on on their board). This article gives a perceptive look at French politics and what Hollande’s election means to Europe. [...]


More Bad News from Europe

On a busy day for posts here at TDC, I add one more with reluctance.  However, Mr Evans-Pritchard has a fact-filled update of events in Europe that matter more to me than events within the Illinois-sized state of Greece (and one with much lower productivity per person).  Here is some disquieting data from France cuts [...]


Words to the Wise from the Land of Bastiat

Nicolas Sarkozy’s fellow UMP member and Prime Minister of France is named Francois Fillon.  When this gentleman speaks, perhaps U. S. statists may wish to listen.  Here he is opining on how to maintain France’s AAA credit rating:

“When you hold the record for public spending, when you have the record for taxing, there is [...]


Oupá! I Mean Oops: Greeks To Miss Targets

Greece’s government Sunday acknowledged that it will miss its deficit target this year, as it moved ahead with a controversial plan to slash thousands of public-sector jobs to meet the demands of its international creditors.

“I want to repeat that we will be unswerving in our goal: to fulfill all that we have promised [...]


A French-German Agreement On Greece?

The Wall Street Journal is reporting this evening that Sarkozy and Merkel have reached an agreement on how to deal with Greece. No details were released. Apparently it will have to wait for Thursday’s eurozone meeting.

German Chancellor Angela Merkel, under mounting pressure in and outside Germany to show stronger leadership in the euro-zone debt [...]


LEAP Before You Look: The State Of Thinking On The Continent

I just read a piece from LEAP, a think-tank consortium in Europe, mostly French, which wrote a snide piece on the what they see as the dropping of the second shoe: the liquidation of the remaining malinvestment of bubble assets commencing this Autumn. Specifically they are predicting a drop in Treasurys as a result of our [...]


Europe versus The U.S.

By Jeff Harding

France and Germany seem to be coming out of their recession as they both posted GDP gains: France by 1.3% and Germany by 1.4%. Of course these data may be suspicious but for the moment they appear to accurate.

Let me take you back to March of 2009 and the G20 conference when [...]


Failure of the Anglo-Saxon Business Model

Why do they pick on the poor Angles and Saxons?

It seems to be open season on Angles and Saxons. Our European friends say that the “Anglo-Saxon business model” is too dangerous to the world for it to continue as it is. 

“Self-regulation is finished, laisser faire is finished, the idea of an all powerful [...]