Vote-Weary Spain Holds Election

By Reuters – Re-Blogged From IJR

Spain held its second parliamentary election in just over six months on Sunday, with voters likely to deliver an even more fragmented parliament with no clear winner and a sizeable showing by the far-right.

Opinion polls show the Socialists in the lead but likely to win slightly fewer seats than in April’s vote, while the conservative People’s Party (PP) could gain strength and the far-right Vox could become the country’s third-largest party, just months after winning its first parliamentary seats.

Spain has been struggling to put stable governments together since 2015, when new parties emerged from the financial crisis following decades during which power oscillated between the Socialists and the PP.

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America CAN’T Be Great Again…Unless the Education System Is Reformed!

By Nicholas Wishek – Re-Blogged From http://eaglerising.com

St. Ignatius Loyola, supposedly said, “Give me the child, I will give you the man.”

This was true as far back as the Spartans and continues today in Islamic madrasas turning out suicide bombers. To restore traditional American values we must reform the education system.

Watching the ongoing, near hysterical, opposition to President Trump one has to wonder what the heck the protesters are thinking. One can understand the political leaders’ opposition – they fear that their power and cushy jobs are in jeopardy, but the media and the Never Trumpers? Why?

If things had been going extremely well, then maybe it would make sense to oppose the Trump agenda. But things weren’t going well. Anyone one with a lick of common sense should recognize the country was in bad shape and getting worse before President Trump’s election.

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Central Bank Desperation Never More Evident

By Michael Ballanger – Re-Blogged From http://www.Gold-Eagle.com

To truly appreciate market crashes, you must have an ample serving of grey hair.

Over the weekend, I must have received three dozen “Emergency Email Alert” notifications by newsletter services and financial intermediaries that got absolutely obliterated Friday morning and were expecting more of the same on Monday, which they got in spades. This new generation of “wealth advisors” has, unfortunately, been living off the largess of Central Bank guarantees and the winks and nudges of the “Finance Ministers” and “Treasury Secretaries” and “Chancellors of the Exchequer,” where they make investment decisions based not upon analyses of balance sheets or income statements but upon the collective wisdom of Champagne Socialists. I have been writing about this for about thirty-five years and while it has not yet manifested itself in the advance of the prices of precious metals to levels that would correspond to the level of coinciding currency debasement, especially in the United States and Europe, it is going to be the “Talk of the Town” here in 2016.

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The Fact-Free Left

  By Thomas Sowell – Re-Blogged From http://www.LewRockwell.com

The outrage over another multiple murder of American military personnel on American soil by another Islamic extremist has been exacerbated by the fact that these military people had been ordered to be unarmed — and therefore sitting ducks.

Millions of American civilians have also been forbidden to have guns, and are also sitting ducks — for criminals, terrorists or psychos.

You might think that, before having laws or policies forcing fellow human beings to be defenseless targets, those who support such laws and policies would have some factual basis for believing that these gun restrictions save more lives, on net balance, than allowing more legal access to firearms. But you would be wrong.

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We Are All Athenians…

By Rick Ackerman – Re-Blogged From http://www.Silver-Phoenix500.com

We should watch closely to see how Greece handles its biggest problem — pensions — since the U.S. and Europe are certain to face the same problem eventually.  Try to monetize it, which is what I predict the Greek government will do, and you get hyperinflation. Try to pay for it by reducing benefits and increasing taxes, which is what Greece’s creditors are demanding, and you get: 1) instant, ruinous deflation; 2) a plunge into poverty for nearly everyone; and, 3) taxpayer riots that pit the private sector against government employees.

Whatever happens, it will be fascinating to see how Greeks vote next Sunday, when they will be asked to approve or reject creditors’ stringent demands. Leftist parties all over Europe are urging their Greek comrades to hang tough. But then, it’s not French, Irish and Italian socialists who will suffer instant economic deprivation and calamity if Greece tells Belgium to suck eggs.  Nor will they be the ones challenged to pay for life’s necessities with drachmas that are going to be spurned by the rest of the world and depreciating by the day, if not by the hour.

An op-ed piece in the Wall Street Journal said Greece’s national identity and its “European dreams” are at stake, but that’s just twaddle. Under the best of circumstances, Greece will be panhandling till the end of time. It can never pay what it owes — not to Europe, not to itself, not to its retirees. The only question is whether Greek voters can grovel sufficiently next Sunday to get Germany to pretend, at least for the time being, that the economy of a deadbeat country can somehow be salvaged. As for the French, Spanish, Portuguese and Italians, they should practice kindness as events unfold, since they will all be belly-up themselves in the not-so-distant future.

Unions Seek Exemptions from Minimum Wage Laws

By Michael Greibrok & Logan Albright – Re-Blogged From Freedom Works

Since the first federal minimum wage went into effect in 1938, there have been people calling for an increase. Recently, there has been a push for a $15 hourly minimum wage at the federal level, as well as within various state and municipalities. Many of these calls for minimum wage hike have been led by, and funded by, unions. One in particular, Raise the Wage, called for a $15.25 minimum wage in Los Angeles and was funded by unions, including AFL-CIO.

While unions have been fighting for increasing minimum wages, they have also been fighting for unions to be exempted from the increased minimum wages. Rusty Hicks, Executive Secretary-Treasurer of the Los Angeles County Federation of Labor, AFL-CIO, argued why union members should be exempt from minimum wage requirements.

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