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True Leadership Stops It.. People talk about the Weimar Republic that gave rise to Adolph Hitler but very few understand what the Weimar was all about. ... from deceased Supreme Court Justice Antonin Scalia.. The Germany of the late 1920s and early 1930s was a world leader in most fields of art, science and intellect. ... Berlin had three opera houses, and Germany as a whole no less than eighty. Every middle-sized city had its own orchestra ... And in science, of course, the Germans were preeminent…. The Germany of 1920 had a significantly higher per capita educational level than...

The wife of the wannabe Las Vegas rapper charged with abusing his children and keeping at least two of them in cages finally called the police after he allegedly threatened to kill her, documents reveal. Amanda Stamper, 33, called the Las Vegas Metropolitan Police Department from the stock room of a Walgreens on June 11, where she told dispatchers she was hiding from her pimp husband “because he threatened to kill her,” the arrest warrant obtained by The Post stated. When an officer arrived at the scene, Stamper said she and Travis Doss, 31, initially got into a fight over...

The Weimar Republic was Germany’s government from 1919 to 1933, the period after World War I until the rise of Nazi Germany. It was named after the town of Weimar where Germany’s new government was formed by a national assembly after Kaiser Wilhelm II abdicated. From its uncertain beginnings to a brief season of success and then a devastating depression, the Weimar Republic experienced enough chaos to position Germany for the rise of Adolf Hitler and the Nazi Party.

... The stand-off with Russia has forced countries like Germany to find supplies elsewhere, and its stores have increased from less than half full in June to 84% full today. German Chancellor Olaf Scholz told journalists Germany would get through the winter, adding that Russia was "no longer a reliable energy partner". He said the government would make one-off payments to pensioners, people on benefits and students. There would also be caps on energy bills. Some 9,000 energy-intensive businesses would receive tax breaks to the tune of €1.7bn. A windfall tax on energy company profits would also be used to...

Inflation rates in Germany could hit double digits in the autumn months, according to estimates by the head of Germany's central bank, Joachim Nagel. As government measures to curb inflation like substantial cuts in the taxes imposed on petrol and diesel and a standard ticket price of €9 ($9.50) for most rail travel are running out, Germany's inflation rate is set to rise by a good percentage point, Nagel told the Rheinische Post newspaper's Saturday edition. However, the government is planning to lower value-added tax (VAT) on gas from 19% to 7% in order to aid consumers, to mitigate the...

Pride in the German capital is expected to attract some 500,000 participants. The flag is a symbol of pride and diversity among the lesbian, gay, bisexual, transgender and queer (LGBTQ) community.Germany's federal parlilament, also known as the Bundestag, raised the rainbow flag for the first time on Saturday. The flag, with its six colored stripes, is considered a symbol of the lesbian, gay, bisexual, transgender and queer community and stands for tolerance. The flag was erected on Saturday morning atop the southwest tower of the Reichstag building in the German capital. Two more were raised in front of the east...

From next Monday Zimbabweans with have their mental arithmetic simplified for them with the news some zeros are coming off the currency. Quite a lot of zeros. No less than 16, as the federal reserve attempts to end funny money by offering one new Zimbabwe dollar in exchange for 35 quadrillion old ones. However the real hyperinflation rate is in fact worse. The money being replaced was only issued in 2008, when the exchange rate was one for 10 billion. The real hyperinflation rate has 25 zeroes attached. This is now hyperinflation an elderly German would recognise, with all its...

Perhaps it was inevitable. After all, the term “QEfinity” entered the financial lexicon long ago and there were already quite a few commentators out there suggesting that it may now be too late to remove the punchbowl, meaning an “exit” will not only prove difficult, but may well be impossible. Take Makoto Utsumi, who oversaw foreign-exchange policy at the Japanese Ministry of Finance from 1989-1991, for example. Utsumi recently said a BoJ QE exit was out of the question “for the foreseeable future” and went on to note that “even the thought of an exit is a nightmare.” Meanwhile, it’s...

How are the United States' historic budget deficits, money-printing and depressed economy any different from the country's that have experienced hyper-inflation? The three-part answer is:(1) we don't have any problems selling our debt(2) we aren't actually printing money; and (3) the United States is a highly productive economy that is nothing like bombed-out Budapest.

The US dollar sank against the euro Tuesday after fresh data on the jobs market pointed to the Federal Reserve not cutting back its stimulus before 2014. WASHINGTON: The US dollar sank against the euro Tuesday after fresh data on the jobs market pointed to the Federal Reserve not cutting back its stimulus before 2014. The prospect of the Fed's easy money program staying unchanged, after months of expectations of tightening, pushed the euro to its highest level on the greenback since November 2011. At 2100 GMT, the euro bought US$1.3780, compared to US$1.3681 late Monday. The September data showed...

If you are looking for the most nauseating cover possible on Ben Bernanke, please consider the April 2012 issue of the Atlantic. The cover asks the question "Ben Bernanke saved the global economy. So why does everyone hate him?" For starters Ben Bernanke did not save the global economy. Making such a proclamation is like a football fans proclaiming victory at the end of the third quarter with the score 54-24 following a 24 point rally after being down 54-0. Simply put, it is far too early to make a presumption the Fed "saved" anything given the global economy remains...

So far, during the presidency of Barack Obama, the price of a gallon of gasoline has jumped 83 percent, according to data from the Bureau of Labor Statistics. (AP Photo) During the same period, the price of ground beef has gone up 24 percent and price of bacon has gone up 22 percent. When Obama entered the White House in January 2009, the city average price for one gallon of regular unleaded gasoline was $1.79, according to the BLS. (The figures are in nominal dollars: not adjusted for inflation.) Five months later in June, unleaded gasoline was $2.26 per gallon,...

By now everyone realizes that the euro is in major trouble and will no longer exist in its current form for much longer. However, the common view is that it is Greece and possibly other PIIGS countries who will be forced out if the eurozone is broken up. But few are talking about another possibility- of Germany leaving the EU. One who is talking about this is Dr. Pippa Malmgren, a former economic advisor to George W. Bush and a former advisor to Deutsche Bank (DB). According to Malmgren, Germany has already ordered the printing of Deutsche Marks in anticipation...

On Twitter, Nouriel Roubini declares that the latest currency interventions from Switzerland and Japan represent the start of QE3, ultimately ending in more Fed easing.

Preparing Your Investments For An Inflationary Future By Eric Fry 05/26/11 Laguna Beach, California – Let the boxing match begin!…In the near corner, we find deflation, with its furious fists of debt liquidation and credit contraction… And in the far corner, we’ve got Ben Bernanke’s printing press, with its menacing inflationary uppercut. Inflation will win this contest eventually, but the match might go the full 12 rounds. Deflation is no slouch. He packs a mean punch. Borrowers of all types – from single-family mortgage-holders to national governments – are defaulting on their loans…or moving rapidly in that direction. As the...

QE2 Will Not Usher In The Apocalypse by: David Beckworth November 11, 2010 Though some folks would have you believe so. It is far from perfect--it needs an explicit nominal target to make it truly effective--but it is a step in the right direction. Martin Wolf agrees: The sky is falling, scream the hysterics: the Federal Reserve is pouring forth dollars in such quantities that they will soon be worthless. Nothing could be further from the truth. As in Japan, the policy known as “quantitative easing” is far more likely to prove ineffective than lethal. It is a leaky hose,...

It was only a matter of time. Tony Blair’s sister-in-law Lauren Booth has converted to Islam after a dose of “spiritual morphine” in Iran, although she talks about the world’s fastest-growing religion like it was the latest version of the Atkins Diet: “Now I don’t eat pork and I read the Koran every day. I’m on page 60. I also haven’t had a drink in 45 days, the longest period in 25 years,” she said. And she’s even refused to rule out wearing a burka: “Who knows where my spiritual journey will take me?” Politically Booth has always struck me...

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Doing the kind of investigative reporting we should expect from the major media, a financial research and consulting firm has released a major analysis of the “credit crisis” that concludes that the claims made by Treasury Department Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke to justify a socialist takeover of the financial industry were demonstrably false. The analysis, Flawed Assumptions about the Credit Crisis: A Critical Examination of US Policymakers,concludes that the result of the unjustified massive federal intervention in the economy could be similar to the economic crisis in the Weimar Republic of 1922, where disastrous hyperinflation...

The phrase “Weimar Russia” first appeared about 13 years ago, at the height of the confrontation between then President Boris Yeltsin and the Supreme Soviet that ended when Yeltsin’s tanks shelled the parliament. The meaning was clear to all: Weimar Russia, like Weimar Germany, signified a weak republic attacked from within by nationalists yearning to restore authoritarian ways.In the late 1990’s and the early years of this decade, the problems that incited fears of a dysfunctional state seemed to fade. But over the past 18 months, the specter of Weimar has once again begun to haunt Russia.If taken to extremes,...