US Ambassador Breaks With President, Says Israel Is ‘Occupying’ Golan

Those Big, Beautiful Bonds Authored by Robert Aro via the Mises Institute, The U.S. Government sells debt on a revolving door basis, yet most people aren’t aware of the mechanism by which this is done. Luckily, ZeroHedge covers the debt auction results, which allows us to articulate one of the structural problems in the Federal Reserve system. As reported last week: The week’s lone coupon auction priced at 1pm when the Treasury sold $13 BN in 20Y paper, in a solid if not stellar auction. Deciphering the trader talk in the article, the...

Berlin Targets Entrepreneurs: Apprenticeships, Punishment, And Social Decay Submitted by Thomas Kolbe The German capital is hardly a hospitable place for entrepreneurs or founders. Ambitious individuals who aim to build a career outside the state subsidy system and establish their own livelihoods encounter, in this strangest of European capitals, an atmosphere of contempt and hostility. Berlin politics, regardless of who is currently in power, fosters a culture of societal division. Parties spare no effort in masking the jointly caused economic and social distortions in the city with an endless media spectacle. Unemployment rises—naturally,...