Monthly Archives: April 2013

Egypt’s Bankruptcy and America’s Foreign Policy Failure

“Short of Money, Egypt Sees Crisis on Fuel and Food” is the headline of David Kirkpatrick’s dispatch running the length of the right-hand column of Sunday’s New York Times. Two years after Egypt’s impending economic disasterbecame apparent, it leads the liberal newspaper of … Continue reading

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Cyprus President’s Family Transferred Tens Of Millions To London Days Before Deposit Haircuts

A day after former Cypriot President Vassilou was found to be among many elite Cypriot (politicians and businessmen) who had loans written-off by the major (now insolvent) banks; it appears the rot is far fouler than expected. In a somewhat stunning … Continue reading

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Obama Proclaims April the Month to Teach Young People ‘How to Budget Responsibly’

President Barack Obama, who has increased the national debt by $53,377 per household, has proclaimed April“National Financial Capability Month,” during which his administration will do things such as teach young people “how to budget responsibly.” “I call upon all Americans to … Continue reading

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