Germany

Governor Newsom announced on Friday September 11th that he is about to take one giant step toward following Germany’s failed climate goals which should be a wake-up all for governments everywhere. Like Germany, California’s renewables are becoming an increasing share in intermittent electricity generation, but at a HIGH COST.  read more »

Is America about to suffer its Weimar moment, culminating in the collapse of its republican institutions? Our democracy may be far more rooted than that of Germany’s first republic, which fell in 1933 to Adolf Hitler, but there are disturbing similarities.  read more »

American cities such as Berkeley, San Jose, San Francisco, Houston, Los Angeles, New Orleans, Albuquerque, and other U.S. cities are moving to ban natural gas as a step toward becoming carbon free in the next few decades. They’re about to take one giant step toward Germany’s failed climate goals which should be a wake-up call for governments everywhere, but it appears our leaders deliberately intend to follow the German failure.  read more »

In headier days, Europe’s leaders dreamed of a multicultural continent, its aging cities saved by millions of new migrants eager to join a stable, prosperous urbanity. This was the promise behind former U.K. prime minister Tony Blair’s Cool Britannia, the multicultural fervor of Herman Lebovics’s Bringing the Empire Back Home: France in the Global Age, and the early enthusiasm that greeted Germany’s refugee influx in 2015—estimated now at 1.6 million.  read more »

Has U.S. leadership gone awry? Senators Chris Coons and the honorable Dianne Feinstein recently announced they will introduce the Climate Action Rebate Act, which aims to generate $2.5 trillion in tax revenues over 10 years by slapping a fee on oil, natural gas and coal starting in 2020. This isn’t leadership. This is followship without the fairy tale ending.  read more »

President Donald Trump’s recent renunciation of the Paris climate change accords has spurred “the international community” to pronounce America’s sudden exit from global leadership. Now you read in the media aspirations to look instead to Europe, Canada, or even China, to dominate the world. Some American intellectuals, viewing Trump, even wish we had lost our struggle for independence.  read more »

For most of recent history, the world has worried about the curse of overpopulation. But in many countries, the problem may soon be too few people, and of those, too many old ones. In 1995 only one country, Italy, had more people over 65 than under 15; today there are 30 and by 2020 that number will hit 35. Demographers estimate that global population growth will end this century.  read more »

Der Spiegel had an interesting article recently called “Angry Germans: Big Projects Face Growing Resistance.” The article (linked version is English) talks about how it is increasingly difficult to get infrastructure projects built in Germany.

Wherever ambitious construction ventures loom on the horizon in Germany — from the cities to the countryside, from the coastlines in the north to the Black Forest in the south — opponents are taking to the streets….  read more »

Until the European Central Bank purchased a call option on the future assets of the Greek government (which remains out-of-the-money), the largest leveraged buyout of a sovereign state had taken place in 1990, when the West German government acquired the German Democratic Republic (GDR), thought at the time to consist largely of liabilities. By most accounts the Bonn government paid over the odds for East Germany, estimated to have cost the West more than $1 trillion.  read more »

With the rising tide of terrorist threats across Europe, one can somewhat understandably expect a   surge in Islamophobia across the West. Yet in a contest to see which can be more racist, one would be safer to bet on Europe than on the traditional bogeyman, the United States.

One clear indicator of how flummoxed Europeans have become about diversity were the remarks last week by German Chancellor Angela Merkel saying that multi-culturalism has “totally failed” in her country, the richest and theoretically  most capable of absorbing immigrants. “We feel tied to Christian values,” the Chancellor said. “Those who don’t accept them don’t have a place here.”  read more »