December 2012 – Schirach Report

Americans Now Believe That They Live In An Unfair Society In Which The Rich Have Rigged The System – Time To Do Our Best To Reinstate The Old Belief In America As “Opportunity Society” With Open Access To All

By Paolo von Schirach December 28, 2012 WASHINGTON – True or not, the Occupy Wall street protest...

Monti Has No Chance To Become Italy’s Elected Prime Minister The Italians Like Politicians Who Promise Jobs and Welfare For All. Sadly they understood nothing about what caused the debt crisis

WASHINGTON – With his (typically Italian) hints and hesitations as to whether he will or will not be...

New Government in Japan No Reason For Comfort – No New Ideas, While Country Is Deeply in Debt And Population Is Shrinking – More Broadly, Population Declines Throughout the West – Lack Of Faith In The Future?

By Paolo von Schirach December 23, 2012 WASHINGTON – Japan’s Liberal Democratic Party (LDP) won the elections with an...

Obama Won The “Fiscal Cliff” Political Battle – He Convinced America That Problems Will Be Solved With Higher Taxes For The Rich – Very Clever, But Untrue – US Needs Entitlement Reform, New Taxes Will Solve Nothing

By Paolo von Schirach December 22, 2012 WASHINGTON – So far at least, it would appear that...

Thanks TO ECB Cash Infusions, Eurozone Financial Picture Much Improved – But Systemic Weakness Remain – Greece Not Bankrupt, But In Chaos – Strikes And Daily Disruptions Are The Norm

By Paolo von Schirach December 21, 2012 WASHINGTON – Thanks to huge liquidity injections care of Mario Draghi, President...

Out Of Control Entitlement Spending Will Bankrupt America – Beyond That, Studies Show That “Found Money” Makes People Less Happy – Well Being Is Increased By Personal Efforts Resulting In Earned Income

By Paolo von Schirach December 20, 2012 WASHINGTON – Broadly speaking everyone should acknowledge that spending priorities in a...

Accountability Review Board Found That Security Was “Profoundly Weak” In Benghazi – Yet Do Not Expect Top Policy Makers To Pay Any Price For The Death Of Four Americans – Secretary Of State Clinton About To Leave Office, May Manage Not To Testify

By Paolo von Schirach December 19, 2012 WASHINGTON – The attack against the US Consulate in Benghazi, Libya which...

Legislation To Ban The Sale Of Assault Weapons Will Do Nothing – There Are 300 Million Guns Held By Citizens In America, Way Too Many – Some Of Them Do End Up In The Hands Of Mentally Disturbed People

By Paolo von Schirach December 18, 2012 WASHINGTON – California Senator Dianne Feinstein wants to reintroduce a...

No Sign Of Seriousness In Resolving America’s Long Term Fiscal Crisis – President Obama Is not Leading, He Blames The Republicans – Short Term Political Gain For Him, A Bad Outcome for The Nation

By Paolo von Schirach December 15, 2012 WASHINGTON – The way in which the “Fiscal Cliff” negotiations have been...

America Stunned By Mass Killing In Connecticut – Flags At Half Staff In Washington, President Obama In Tears – Yet Nothing Will Be Done To Seriously Restrict Access To Fire Arms – A Misinterpreted Second Amendment

By Paolo von Schirach December 14, 2012 WASHINGTON – Mass slaughters keep happening in America. At Virginia Tech the...