Archives for: oil

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Capitalism Without Bankruptcy is Like Catholicism Without Hell

by Mitch Feierstein about 6 years 3 months ago

Barack Obama was recently on the stump, defending the latest set of lackluster jobs figures. Obama blamed ‘serious headwinds’ including higher gas prices and, more recently, the developing crisis in the Eurozone. Having handed much of the blame to foreign oilfields and European crises, he returned to more familiar ground, bashing a Republican-controlled House for blocking some of the proposals in […]

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So, the European Commission’s President Manuel Barroso says that it would be “difficult, if not impossible” for an independent Scotland to become an automatic member of the European Union. George Osborne and (worse) his senior Treasury adviser Sir Nicholas Macpherson have ruled out any likelihood of currency union. These things were predictable, perhaps, though Alex […]

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