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Archive for the ‘Foreign Affairs’ Category

BECKLEY—  This European debt crisis is wild and scary.  It’s hit our stock market hard – and it’s actually funny.  Here is how and why it’s funny as explained by Clark and Dawe:

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ATLANTA— Angela Merkel yielded to immense pressure and signed over her country’s credit rating to the support of a dwindling southern European economy early last week.    The European Union, in connection with the IMF, created an almost $1 trillion bail-out of the European financial system, complete with mandatory austerity measures, quantitative easing, and a dollar-for-euro swap-line with the [...]

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BECKLEY — As many of you know I’m pretty long on China as an investment and am constantly looking for more investments in China either through ADR’s or directly on the Hong Kong Exchange.  However, there is a very interesting view espoused by James Chanos on Charlie Rose that sounds pretty counter my views.  Even [...]

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For the first time, the United States is explicitly committing not to use nuclear weapons against nonnuclear states that are in compliance with the Nuclear Nonproliferation Treaty, even if they attacked the United States with biological or chemical weapons or launched a crippling cyberattack. —Daid E Spanger and Peter Baker, Obama Limits When U.S. Would [...]

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BECKLEY— Upon reading an article in the New York Times I was dumbfounded. The article titled “China Visit May Signal Easing by China on Currency” must have been an April Fools joke.  Simply the article states the following: The number hovers around 6.827. It is the nearly fixed rate of exchange between China’s currency, the [...]

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BECKLEY— Prime Minister Binyamin Netanyahu returned to Israel yesterday after meeting with President Obama this week.   According to the Washington Post he was greeted by his people with signs reading things like “Obama, No You Can’t” and “Netanyahu Stand Strong”.

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RALEIGH— That sound you heard last night was the sound of America gagging as Democrats rammed an expensive, unfunded liability down the throats of the American Voter. The second sound you heard was the collective stampede of lawyers gleefully maneuvering to be the one chosen to stand before the Supreme Court and challenge the law. [...]

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