In 1991, Maui police officers showed up at the home of Frances and Joseph Lopes. One officer showed his badge and said, “Let’s go into the house, and we will explain things to you.” Once he was inside, the explanation was simple: “We’re taking the house.”
Socialism never stopped enticing young American minds. But the more Democratic Socialists such as Alexandria Ocasio-Cortez open their mouths, we learn the movement’s most vocal proponents simply ignore socialism’s incompatibility with democracy, as demonstrated by Austrian economist Ludwig von Mises in A Critique of Interventionism . Sen. Bernie Sanders is one of them.
Those who voted for Brexit in the 2016 referendum on Britain’s membership of the EU rightly complained about the centralised political structures in Brussels. The slogan was “take back control.” Even for Remain supporters, like me, that was an understandable slogan given the avalanche of regulation that comes from Brussels that affects our daily lives.
A female supporter of Bernie Sanders is advertising on Twitter the fact that she went 226,000 in debt to get a college degree in speech pathology.
Those who posted the video apparently believe that this ought to be interpreted as a convincing example of how hard it is to pay for college these days.
Daniel McCarthy, editor of Modern Age and editor at large for The American Conservative, recently published an essay on the Spectator USA site titled “Why Libertarians are Wrong.” It merits a response because Mr. McCarthy is friendly and sympathetic toward libertarianism, and despite the infirmities of his article ought to be seen as a fellow traveler.
“We can’t take it anymore,” proclaims the economist and media sensation Javier Milei from his Twitter account. He is not alone. It all started a few weeks ago with a “ Twittazo ” inviting people to protest against the high taxes and the huge public spending. The hashtag #BajenLosImpuestos (lower taxes) quickly became a trending topic.
At the end of January, only a month after the official end of the QE program of the European Central Bank (ECB), its President Mario Draghi told the European Parliament’s committee that the central bank could resume its bond purchasing, in a questionable effort to assuage concerns over the impact of the policy change. As Europe’s economy flashes increasingly bright warning signs, doubts are multiplying over the sustainability of the ECB’s plans, the efficacy of its measures and its capacity to support the economy, should another crisis come to pass.
One of the most commonly cited arguments initially against Brexit, and now against a no-deal scenario, is the towering threat of businesses leaving the UK. A great many campaigners and leading figures of the Remain camp have warned voters time and time again of the dangers to British industry and ultimately to their jobs. They will often point to early evidence of such a shift, to companies moving either their headquarters or part of their operations to Germany, the Netherlands or other EU member states.
Until recently, Germany has been the seemingly unbreakable workhorse that has pulled the European economy back from the brink and kept it ticking along through a myriad of internal and external pressures, as well as political crises, over the last decade. As the undeniable leader of the bloc, the country has spearheaded and supported rescue plans for the Eurozone’s weaker links, as well as a number of controversial policies that work towards further centralization within the EU.
