theDrahos

It’s 1995 all over again. The new Congress—the 114th—is solidly in Republican hands after winning big in a midterm election. The Republicans have a 246-188 majority in the House (there is one vacancy) and a 54-46 majority in the Senate (the two independents caucus with the Democrats). But like back in 1995 (Clinton), the Republican-controlled Congress in 2015 has to govern with a Democratic president (Obama). When the Republicans gained control of Congress in 1995, it was the first time since the 83rd Congress of 1953-1955 that they had controlled both Houses of Congress. Between 1955 and 1995, the Republicans … Continue reading →

The story about the parents of a five-year-old being sent a ‘no show’ invoice for £15.95 for failing to honour their word about their son’s attendance at his friend’s ‘slide and ride’ birthday party at a ski centre in Plymouth has hit the headlines. The bill senders (the birthday boy’s parents) are getting some flack for issuing the invoice in the first place – I agree, a tad weird and certainly not the correct thing – but I do applaud their courage. Especially given the Nash family had replied officially confirming their son Alex’s attendance but decided to go with, what … Continue reading →

Congratulations to the doughty Swiss, we say. The decision of their central bank to remove the cap on its currency, allowing it to soar against the Euro, is causing the foreign exchnge markets to be struck with the dreaded turbulence. It may well make things difficult for Switzerland in the short run. But it was a vote of no confidence in the quantitative easing that the European Central Bank is about to undertake. It may have put some starch into the Germans, to whom the ECB just bowed by saying it will do its quantitative easing without making taxpayers responsible … Continue reading →

PDF:  20150120-wall-street-rally.pdfLed by the non-stop activity of its New York City teams, the movement of Lyndon LaRouche and the the Schiller Institute are advancing on the goals of bringing down Wall Street and pushing the United States into …