The US Federal Debt limit now stands at $16.394 trillion. Here is a video that explains how that works. Hat tip Zerohedge.
Dual citizenship and forced marriages, by Alison Symington
Alison Symington, ”Dual citizenship and forced marriages” (PDF), Dalhousie Journal of Legal Studies 10 (2001); Winner of the Smith Lyons Essay Prize. Abstract: This paper examines the phenomenon of forced marriage and how the international law on diplomatic protection and domestic citizenship laws interact to prevent young women from receiving help because of their status as dual nationals. The evolution of international law and the rise of human rights are considered, the author contesting …
FATCA: The need-to-know basis is not satisfied
Soon after I finished my PhD, I had the experience of teaching as an adjunct professor in Ontario. Eventually, I quit because I felt that the working conditions for contingent labor in higher education sucked–and they do: just google the terms “adjunct hell”. Then, I worked another job which I soon quit. But to damage my reputation after I quit, one of the people from the second job asked for a reference via e-mail from the first employer and soon a flurry of e-mails had damaged my reputation …
What if …?
Petros asks, What if a prominent dual citizen was required by his second nationality to serve his nation. What then? …
Keystone Aftermath Arrives: Canada Pledges To Sell Oil To Asia, As US Becomes Source Of “Uncertainty” Zero Hedge
Zerohedge reports that Canadian Prime Minister Stephen Harper has indicated to the United States, “Canada will continue to work to diversify its energy exports.”
History books study catastrophic events such as wars or the collapse of empires and try to determine what were the causes and factors that led up to the disaster. What will the future history books say about the collapse of the American hegemony in the global economy? Here are four possible factors:
(1) The leadership did not secure cheap and safe energy from Canada, starving the nation of the resources that they needed to secure the economy.
(2) The leadership refused to reign in spending at all levels of government, leading to a debt-death spiral and to default of the nation finances and the collapse of the dollar.
(3) The leadership overextended itself militarily around the globe, which had at best a dubious, if not a negative, return on investment.
Future history books may see Stephen Harper’s statement to the United States as indeed a pivotal moment. Harper is saying, Fine! If you don’t want our energy, we can find other buyers.
