In August, Francois Hollande appointed respected banker Emmanuel Macron to the post of France’s economy minister, replacing the fiery leftist Arnaud Montebourg. The subsequent ire raised within the country’s — and Hollande’s — socialist base was palpable, as was the sense of relief within business circles .
filed under: Fiscal Policy
The cost of not having a balanced budget amendment is over $6.9 trillion dollars
On September 19, 2014 Rep. Mike Coffman of Colorado asked for and was granted permission to address the United States House of Representatives for one minute regarding our unconscionable national debt. The national debt of the United States is the amount owed by the federal government of the United States. The measure of the public […]
Christophe Mazurier: With European cuts, time to adopt U.S. model of arts funding
Even since the global recession in the late aughts, the world has seen much of Europe transition into a period of economic austerity. In an attempt to balance budgets and avoid crushing debts, many governments have cut funding to social programs many have seen as surplus to requirements. One of these is the arts. Once […]
Our unconscionable national debt!
On July 11, 2014 Rep. Mike Coffman of Colorado requested permission to remind House members of our unconscionable national debt. “Mr. Speaker, on January 20, 2009, the day President Obama took office, the national debt was $10,626,877,048,913.08. Today, it is $17,586,759,896,863.97. We’ve added $6,959,882,847,950.89 to our debt in 5 years. This is over $6.9 trillion […]
Funds in Pentagon’s fiscal year 2015 budget OCO request earmarked for “improving European infrastructure”?
On June 26, 2014 the Pentagon’s press secretary Rear Adm. John Kirby issued a statement on the Fiscal Year 2015 Overseas Contingency Operations Request. It read as follows: “Secretary Hagel fully supports the president’s overseas contingency operations (OCO) request for Fiscal Year 2015, which includes $58.6 billion for the Department of Defense and provides the department […]
Tax compliance coming to Swiss banks: Yannick Poivey wonders what opportunities will emerge for corporate intelligence service providers.
According to Yannick Poivey, CEO of One Intelligence, a Swiss provider of corporate intelligence services, Swiss banks are facing a paradigm shift: regulatory pressure from the United States (FATCA regulations), the OECD and the European Union is forcing financial institutions to examine the tax compliance of their clients. In fact, the majority of Swiss players […]