June 2013 – Schirach Report

“Power Africa”: US Aid To Increase Electricity Production Finally Obama discovered that Africa needs electricity in order to have development. A long term commitment?

By Paolo von Schirach June 30, 2013 WASHINGTON – Back in 1998, while working on an export promotion project in...

What Is The “Social Cost” Of Carbon Energy? The WSJ points out that regulators will put whatever number suits them, so that they can make the case for non cost effective renewables. Still, there is a social cost

By Paolo von Schirach June 29, 2013 WASHINGTON – A recent WSJ editorial reveals that the Obama administration is...

Biased, Negative Reporting On UK Shale Gas Discoveries By Aljazeera TV TV network is owned by Qatar, a country whose only resource is natural gas

By Paolo von Schirach June 27, 2013 WASHINGTON – Talk about transparent bias. Al Jazeera TV has a vast...

Obama’s Speeches Not In Sync With America’s Deep Concerns Nuclear disarmament, gloabal warming are imporatnt issues but not on top of any list. Obama's grandiose pronouncements fall flat. President out of touch?

By Paolo von Schirach June 26, 2013 WASHINGTON – I notice a huge disconnect between the big concerns of the...

Will America Ever Become A Truly Color Blind Society? Affirmative action provisions have had the unintended consequence of reinforcing racial identity and prejudice

By Paolo von Schirach June 25, 2013 WASHINGTON – The only way to finally “resolve” the painfully complicated race...

Bank For International Settlements Annual Report Tells Central Bankers To Stop Trying To Fix Economic Policies The US Fed and the others should stick with monetary affairs. It is up to governments to deal with the macroeconomic picture. Sound advice but it will be ignored

By Paolo von Schirach Related story: https://schirachreport.com/index.php/2013/06/20/bernanke-hinted-at-a-slow-phasing-out-of-qe3-and-markets-tanked-proving-that-we-have-a-fed-inspired-bull-market/ June 24, 2013 WASHINGTON – The Basel based Bank for International Settlements,...

Abenomics Is A Good Try, But Aggressive Economic Policies May Not Be Enough To Revive Japan Why is this advanced society declining? Why Japan's demographic collapse? There is no objective explanation

By Paolo von Schirach June 23, 2013 WASHINGTON – Today’s Japan may be a sad but realistic illustration of...

A Tax Police Report Describes Widespread Tax Cheating Schemes in Italy Sadly millions of Italians use their talent to avoid taxes instead of concentrating on productive activities

By Paolo von Schirach June 22, 2013 WASHINGTON- Just like the rest of Southern Europe Italy is limping along,...

If You Want To Understand America, Go To Mount Vernon, The Home Of George Washington Sober simplicity all around. And a very simple tomb for the man who created America

WASHINGTON – Washington, DC in many ways is America’s Shrine. The main public buildings, the Capitol, the White House...

Bernanke Hinted At A Slow Phasing Out Of QE3 And Markets Tanked, Proving That We Have A Fed Inspired Bull Market The Fed should stick to its main mandate to defend the currency. The attempt to force economic expansion creates too many distortions

By Paolo von Schirach June 20, 2013 WASHINGTON – “What the Fed giveth, the Fed taketh away“. This pretty...