war

Meaning of Hezbollah offensive in Lebanon

On May 9, Hezbollah fighters were wandering around Lebanon. The meaning and implications of these events were not clear at the time. No one, least of all Hezbollah, had a clear idea. Now it is clear what happened. The Lebanese state is a failed state. It lacks the will and capability to fight the various armed groups in Lebanon, or to impose its will on them. Hezbollah tested the government. …

war

Europe is falling

Observe in this video the British police are as frightened and weak before Muslims, as the British police are terrifying and dominating over Britishers in other videos.  The British state is as contemptible to its enemies as it is terrifying to its subjects. The fear and weakness we see in this video, we also saw when the Iranians over ran the British in the Persian gulf, and when the British …

economics

Exxon blows it

Bryan Caplan wonders if oil prices are a bubble. When oil spikes abruptly, that means people made incorrect investment decisions – under invested in exploration, development, and gas to liquids conversion. A simple back of the envelope calculation tells me they are still under investing. Exxon recently abandoned gas to liquids plant that would be profitable if oil remains above forty dollars to fifty dollars a barrel. But if everyone …