The wolves are closing in on the world’s bank secrecy laws. Former bank employees in Switzerland and Liechtenstein have handed lists of depositors to the U.S. and EU authorities. Following the Cyprus debacle, the EU is seeking to end bank secrecy in the well-run banking systems of its members Luxembourg and Austria. Luxembourg appears to […]

According to the Daily Telegraph’s Ambrose Evans-Pritchard, senior advisors to Germany’s Chancellor Merkel are pushing for a wealth tax, to be applied to citizens of those weak sister Eurozone members forced to undergo bailouts from German taxpayers. You might think that, having criticized sternly the malefactions of the super-rich, and of the economic and political […]

Silicon Valley billionaires and near-billionaires are attempting to influence public opinion on the immigration issue, with a $50 million Political Action Committee. Their employees should consider whether their interests would be served by organizing in a truly aggressive isolationist union, like the 1950s United Auto Workers. After all, if the world market for computer scientists […]

Increasing inequality is bemoaned by the left worldwide, with the Financial Times’ Edward Luce doubtless making President Obama choke on his cornflakes by claiming that “US inequality will define the Obama era.” Yet contrary to the left’s fond belief, the increasing inequality and the crass behavior of the super-rich are responses, not to inadequate levels […]

First Peoples Worldwide is an organization devoted to the “indigenous movement” in economics, whereby competition will be replaced by co-operation and resource exploitation by harmony with nature. To simple minds schooled by modern Western education systems, this is a very attractive idea, and First Peoples’ YouTube video “Enoughness: Restoring balance to the economy” is a […]