Politicians are preparing for the worse everywhere you look. We forget so quickly that the American Revolution slogan was what – No Taxation Without Representation. Germany will not allow democratic referendums precisely the same move of King George III that set off the American Revolution, Homeland Security bought 2715 tanks for domestic use and enough […]

QUESTION: Marty, If this discussion is happening in Newport Beach, CA, one of the richest cities in the US, how can any US city survive the pension crisis? ANSWER: Nobody can. This system of unfunded pensions just assuming they will always be able to just raise taxes is collapsing. The morons didn’t do the math. If […]

QUESTION: In your writings you seem to be both against QE and against Austerity. What then is the third way? How do we get out of this high debt, high deficit, low growth cycle without using either of these methods or a collapse and reboot? On a side note I was curious if you were […]

China has vowed to push toward free markets and to allow them to take a more dominant role in developing the economy – its reform for 2020. When I was invited by the Central Bank of China back in 1997 and was given a tour of a major facility where they were monitoring everything that […]

  Germany is turning seriously against Democracy at every chance it gets. It is now flirting with the Dictatorship and its State Police are to monitor the people for signs of disposition. Yes, a new draft of the CDU-CSU has revealed that the federal German government is promoting the transformation of the German legal system to […]

The Swiss are known for their frugality. When it comes to executive pay, they are voting on executive pay being limited to 12 times that of the lowest paid employee. This will be a first step in this direction as a matter of law. It reflects the rising tide of socialism as we enter the […]

It is reported that the U.S. will surpass Russia as the world’s top oil producer by 2015, and be close to energy self-sufficiency in the next two decades. This is having a major impact in politics as the Saudis start to worry about losing influence in the wake of the Syrian debacle.. There is a […]

Google won in the SDNY and may now make millions of copyrighted scanned books searchable on the Internet. A New York judge Denny Chin of the SDNY dismissed a lawsuit from the U.S. Authors’ Guild, seeking money simply for authors because their books are searchable. Quiet honestly, digitization of works is furthering knowledge and  I myself have […]

The Global Market Watch has been posted for the close of November 14, 2013.

The Crisis in DEMOCRACY Continues. The European politicians are scared to death to allow citizens to votes. Angela Merkel has rejected any more direct referendums in Germany. Merkel is outright against any further democracy in Europe. This is the real reality. The end of democratic processes that goes hand in hand with the final stages of […]