Memo warns employees to watch what they commit to paper amid greater public access to documents Read the rest of this entry »

Fox acknowledged the difficulty of establishing a European Union-like structure in the Americas, given those who’d oppose it. But Fox said, “Hope is back again,” referring to the new U.S. president and the United States’ “capacity to fight for ideals.” Read the rest of this entry »

Fox acknowledged the difficulty of establishing a European Union-like structure in the Americas, given those who’d oppose it. But Fox said, “Hope is back again,” referring to the new U.S. president and the United States’ “capacity to fight for ideals.” Read the rest of this entry »

The American economy has gone away. It is not coming back until free trade myths are buried six feet under.

America’s 20th century economic success was based on two things. Free trade was not one of them. America’s economic success was based on protectionism, which was ensured by the union victory in the Civil War, and on British indebtedness, which destroyed the British pound as world reserve currency. Following World War II, the US dollar took the role as reserve currency, a privilege that allows the US to pay its international bills in its own currency. Read the rest of this entry »

After the overthrow of communist governments in Eastern Europe, capitalism was paraded as the indomitable system that brings prosperity and democracy, the system that would prevail unto the end of history.

The present economic crisis, however, has convinced even some prominent free-marketeers that something is gravely amiss. Truth be told, capitalism has yet to come to terms with several historical forces that cause it endless trouble: democracy, prosperity, and capitalism itself, the very entities that capitalist rulers claim to be fostering. Read the rest of this entry »

The following is an exclusive Press TV interview with US congressman Ron Paul, a unique conservative politician who wants an end to US military presence on foreign soil, advocates US withdrawal from the UN, NATO and the North American Free Trade Agreement (NAFTA) and opposes the Internal Revenue Service (IRS).

Ron Paul, House representative of the 14th district of Texas, believes that US foreign policy must be reformed to avoid conflicts around the world. Read the rest of this entry »

Bjørn Lomborg, and many like him, enjoy idly tossing around this term “Free Trade”, which when defined by them, tends to not really be Free in any sense of the word. Unless it’s in reference to “Free-Reign”, as in, ‘The Free Reign of the select group of leftist roundtable organisations and central bankers who weild near-absolute control over our economies with virtually no trouble at all, for the purpose of redistributing our wealth’.

Lomborg organised the Copenhagen Consensus in 2002, which seeks to establish priorities for advancing global welfare, while he was then director of the Danish Government’s Environmental Assessment Instuitute. The Copenhagen Consensus’ ideas are all seated atop a theory of Welfare Economics.

With that as background we now see Lomborg in The Times of Japan, arguing for his perception of Free Trade. It’s important that we note the convergence of ideas in his article, as well as his astounding conclusion:

Global fear about free trade leaves the planet at risk of missing out on the extraordinary benefits that it offers. Free trade is good not only for big corporations, or for job growth. It is simply good.

Isn’t it amazing how these organisations that deal in ‘Cost-Benefit Analysis’, so often morph into round-table groups that attempt to conduct the role of politics? Politics is about setting goals. Analysis is about choosing the paths to get to those goals. When the two become one and the same, this is what we get, pre-prescribed policies based on terms that have undergone so much semantic drift as to carry a completely different meaning from the words that actually frame them.

The full and totally shambolic article follows.

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