Euro Crisis: Italy is the REAL Problem!

  If  little Greece (11 m. people) and tiny Ireland (6 m. people) rattled Europe’s windows, because of their debts, Italy is about to blow up Europe’s shaky house.  Here ...

How much longer will the Euro survive?

Few things are as galling as being right too soon. Back in 1970, dissident Soviet historian Andrei Amalrik wrote a book boldly called “Will the Soviet Union Survive Until 1984?” ...

China: U.S Sitting on Debt ‘Bomb’

China’s state media Tuesday blasted the United States over its “ticking debt bomb” and urged American lawmakers to be more responsible after they failed to agree on deficit-cutting measures. China is ...

Greece Government Nears Total Collapse

ATHENS — The Greek government was plunged into chaos on Tuesday and faced an imminent collapse, as lawmakers rebelled against Prime Minister George Papandreou’s surprise call for a popular referendum ...

Principles of Plenty

Speech by Congressman McClintock given to the California Independent Automobile Dealers Association We are in the third year of policies predicated on the assumption that if Government just injects enough ...

EU Hopes for Debt Crisis Deal by Wednesday Despite Problems

Act II of the European Summit is going to take place on Wednesday (Act I concluded on Sunday), when the world will see whether the hints about “progress” in stanching the ...

Germany Gives Up, Now Pushing for Greece to Default

Germany is pushing behind the scenes for a “hard” default in Greece with losses of up to 60pc for banks and pension funds, risking a chain-reaction across southern Europe unless ...

Free Trade Agreements Are A Win for Prosperity

Free trade agreements (FTAs) have economically benefited nations the world over since their inception. Poverty rates in countries with low trade barriers are significantly lower, and data in The Heritage ...

The Cruise Control Act of 2011

By Tom McClintock Federal spending has ballooned 28 percent during the Obama Presidency while the government has amassed more debt than it acquired from the first day of George Washington’s ...

Debt Ceiling Law Stacks the Deck against Defenders of Defense

Secretary of Defense Leon Panetta asserted during a press conference on September 20 that the recently enacted debt ceiling law requires $450 billion in savings from the Department of Defense ...