Other Countries Tell the USA to Raise the Minimum Wage

In a practice that other nations, especially in Europe, are becoming pretty good at – the International Monetary Fund (or IMF) got condescending as they decided to tell us that we need to raise the minimum wage. The IMF, which attacks economic issues from a decidedly socialist perspective, is once again trying to meddle in the affairs of the United States. Like its political counterpart, the United Nations, the IMF seems to cause more problems these days than it solves. Perhaps it’s time to Read more […]

From Cyprus To Canada: Plan To Sacrifice Depositors For More Important Banks

Cyprus has backed down from confiscating everyone’s bank accounts, to confiscating only those with over 100,000 Euros in their accounts. Immediately other bank leaders in Europe began suggesting the same theft for other nations. As far as I’m concerned, the international banking community is truly a global culture and there is no reason at all to hope that our money masters here in the United States think any differently than those who imposed their will on Cyprus. But in case you disagreed Read more […]

IMF: Pain For Taxpayers Must Be Doubled In Order To Be Fair

I don’t know how much longer the Onion can stay in business if the mainstream news is going to print headlines like the one yesterday in the Washington Post: “IMF, citing $1.9 trillion in government subsidies, calls for levies to curb use.” The nineteenth-century sociologist, Herbert Spencer, had it right: there are only two ways to support oneself. One can either work and trade or rob and loot. The first option, the means of production, Spencer called “the Economic means.” The second Read more […]