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Author: admin, 24.04.2014. Category: The Power Of Attraction

In February 1768, a revolutionary article entitled “No taxation without representation” was published London Magazine. The article was a re-print of an impassioned speech made by Lord Camden arguing in parliament against Britain’s oppressive tax policies in the American colonies. The idea was simple: colonists had no elected officials representing their interests in the British government, therefore they were being taxed without their consent. If you think that a referendum vote on June 23 by UK citizens on whether to withdraw from the European Union (called Brexit, short for British Exit), is simply a proxy on whether the UK should dislodge itself from the edicts of Brussels, think again. Most of the mass killings by gun in the United States in recent years — Columbine, Virginia Tech, Aurora, Newtown, Charleston, San Bernardino and now Orlando — took place in venues where local or state law prohibited carrying guns, even by those lawfully licensed to do so.
As unspeakable and horrific as is the recent slaughter in Orlando, it has become just another example of the tragic consequences of government’s interfering with the exercise of fundamental liberties.
Once a nation no longer produce essential goods and services, it becomes vulnerable to collapse.
Venezuela is imploding not because of hyper-inflation, but as a result of policies that led to hyper-inflation: policies that generate perverse incentives, disincentives to produce goods and services and incentives to depend on government subsidies.
Brexit is not the most important problem facing markets, it is mounting problems in the European banks.
But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before the referendum. In the run-up to Britain’s referendum on 23rd June, the Treasury was tasked with modelling the economy, post Brexit.

One suspects that if the Treasury models had suggested there is little cost to leaving, the result would have not been published and George Osborne would have contrived a different argument. Indianapolis -- There isn't going to be much change on the Packers' roster this off-season, especially on offense. Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires. The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music. Our roundtable guests talk about their roles as agents and being acknowledged by their clients.
The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll. However, given the extreme levels of indebtedness across the Western world, and the elevated level of “risk” associated with such obvious insolvency, a “normal” interest rate for these regimes would be more in line with a rate of 6 – 7%, if not higher.
And the idea of ‘no taxation without representation’ was revolutionary, of course, because it became a rallying cry for the American Revolution.
It’s morphed into a much broader debate on whether citizens worldwide should surrender their right to a participatory democracy in order to further the interests of multinational corporations, secret trade agreements packed with secret court tribunals, global banking hegemony and central banks attempting to keep all these balls in the air for their one percent overlords.
Members of the British Parliament have been warning Mark Carney, head of the Bank of England (BOE), to not engage in political lobbying on the issue of Brexit, which he is perceived to have been doing for months. The government cheerfully calls these venues “gun-free zones.” They should be called killing zones.

After a while, these events cease to shock; but they should not cease to cause us to re-examine what the government has done to us. But , there is a reasonable chance Green Bay loses its all-time receiving leader, Donald Driver.
The financial joke here is that if any of the Western world’s Deadbeat Debtors did raise their interest rate to a rational level of 6 – 7%, that regime would be quickly bankrupted by (at least) a quadrupling of interest payments, on their gargantuan debt. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, OR FUTURES. Most people in the Western world have forgotten what “normal” means with respect to interest rates, after the past 7 ? years of monetary insanity. He’s a former Goldman Sachs executive, former Governor of the Bank of Canada and the first foreigner to run the BOE in its 300-year history. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.

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