Sounds even worse than the statist hellhole that is Texas.

Wow. Selling it when it is cheap. Leave it to a statist to make decisions that stupid. Oh wait, the decision maker probably got a payoff. Anyways, whoever picked that up made a pretty sweet deal.

Proceeds to put it behind a paywall. Schmucks. Don't they know that smears are meant to be spread far and wide?

BONUS: I wonder if the commies at Pando would have their heads explode after reading this.

Looks like a lot of paper gold got dumped.

Lifts sanctions on Bahrain. Mind you we shouldn't sanction anyone in the first place.

In other words, Puerto Rico's problems are strikingly similar to those of Greece. Its government spends chronically more than it raises in taxes, its economy is trapped in a regulatory morass, and its economic destiny is largely in the hands of others.

The solutions to Puerto Rico's problems are simple, but politically toxic for mainland politicians to acknowledge. Puerto Rico must be allowed to declare bankruptcy, the Federal incentive for the Puerto Rican government to borrow money must be eliminated, Puerto Rico must be exempted from both the Jones Act and the Federal Minimum wage, and Federal welfare requirements must be reduced. Puerto Rico already has the huge advantages of being exempt from both the Federal Income Tax and Obamacare, so with a fresh start, free from oppressive debt and federal regulations, capitalism could quickly restore the prosperity socialism destroyed. With the current incentives provided by Acts 20 and 22 (which basically exempt Puerto Rico-sourced income for new arrivals from local as well as federal income tax - see my report on America's Tax Free Zone) and with some additional local free market labor reforms, in a generation it's possible that Puerto Ricans could enjoy higher per capita incomes than citizens of any U.S. state.

If Washington really wanted to accelerate the process, it should exempt mainland residents from all income taxes, including the AMT, on Puerto Rico-sourced investment income, including dividends, capital gains, and interest related to capital investment.

The Ayatollahs won't have sanctions to excuse their behavior anymore, which will be good. It will become obvious to the people when the hard times continue, that corruption and their government is the real source of their malaise.

Secessionist thought is SO not allowed.

Lol, that attack on Korean tourists by Turk nationalists really pissed off the Chinese and Thai.

Rightly sees him as an authoritarian slimeball.

Not surprising, given their current stance.

General Haftar getting nowhere fast.

Bionic Mosquito has it right:

Unless the pope is going to visit Auburn, Alabama, he need not worry about meaningful criticisms.

The nobel winner desires to bring the world the peace of death through the force equivalent to 50,000 tons of TNT.

Bullish

Pretty sure she doesn't have to sue to know the answer to that one.

Of course, it was insufficient to 'save' the Greek government and banking system before ink was even laid to paper. Even Schauble is contemplating Grexit now.

Oh noes big money makes the inputs to our political function no longer 'of the people'!!! Wait, aren't the rich people too?

Of course the problem is they don't understand the program. It's a rogue process that demands to steal your resources you've got locked, and that won't hesitate to kill -9 your ass to get them.

BONUS: Barney Frank gets it. Hypocritical lying is key to the system. We protect you by hurting you worse than anyone else could.

"Mapping" the jobs in America. They don't even know *how* incomplete this map is do they? The easier it is to find and exploit the "official" economy, the less these maps are relevant.

Dead on regarding costs of security and why it isn't done for the most part.

With exciting consequences.

The exciting lives of dead babies, eating their way out of the bottom of dumpsters, presumably.

See, the Germans find it irritating because they know they are crocodile tears coming from Tsipiras. In any event, ZH is spot on with showing the real game Greece is attempting to play here, which Schauble either is a fool not to see or just doesn't care about.