How The Debt Crisis Will End
From the desk of Richard Rahn on Fri, 2011-12-23 14:53
It became increasingly clear this month how the debt crisis will end - and it is not going to be comfortable.
The latest phony solution is for the large, "responsible" countries to demand more fiscal responsibility from the smaller and purportedly "less responsible" countries. In Europe, Germany's Angela Merkel and France's Nicolas Sarkozy are demanding that other European states give up some of their sovereignty and agree to strict limits on their deficit spending.
From the desk of Diana West on Fri, 2011-12-23 12:08
Ah, to be in Vienna at Yuletide. Streets sparkle with the lights of theChristkindlmarkts, the traditional markets that spring up for the season. Skaters circle the rink outside the picturesque Rathaus (City Hall). Merrymakers warm their hands on cups of gluhwein (mulled wine). What could possibly be missing?
Freedom of speech.
Looking back, we discover that most societies have at one time disadvantaged some of their constituent groups. This could happen by ignoring them, by denying their potential, or by active discrimination. If discrimination, negative, or positive is proven, then democratic principles demand rectification.
It is now customary to treat bias, whatever its context, as a crime by the beneficiaries of the slight. Whenever reminders of its avowed principles can alert a democratic society of its failing, a two pronged process is initiated.
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