Europe has chosen a harsh future. All the paths for Greece lead into darkness.

Summary:  This week Europe's leaders faced a choice somewhat similar and perhaps equally momentous as America's leaders faced in 1787.  But this week they chose a path that looks punitive and short-sighted, pursuing European unification but likely to generate discord and eventually fragmentation.  Seldom does one act determine the future, but they might find it difficult to … Continue reading Europe has chosen a harsh future. All the paths for Greece lead into darkness.

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A look at the world as it is, not as we’re told it is

Summary:  The news media usually report accurately, more or less.  Often they prefer to act as stenographers for governments and corporations.  Sometimes the logical thread linking events -- the narrative -- is obscure, hidden in the noise.  Today we look at three examples of hidden history. The world is not always as we're told it is.  … Continue reading A look at the world as it is, not as we’re told it is

Hot news! The wehrmacht failed to take Greece. Now Germany tries again, with a different method.

Summary:  Germany used it power over the European Monetary Union to institute a monetary policy that disproportionately benefited itself, to the disadvantage of the periphery nations.  Germany prospered, they lost competitiveness.  Now Germany acts to continue the game, attempting to force the losers to stay in the game.  Now it's Greece's turn to go under the hammer.  Will … Continue reading Hot news! The wehrmacht failed to take Greece. Now Germany tries again, with a different method.