Global elites — many of the 2,500 of them billionaires — are spending a few days in Davos, Switzerland, attending the World Economic Forum (WEF), a group founded in 1971 “committed to improving the state of the world.”
After an intense pro-European Union tax-funded lobbying campaign warning of disaster, Croatians voted by an almost two-to-one margin to join the troubled EU despite a debt crisis which threatens to sink the region’s single currency and an increasingly authoritarian tone emanating from Brussels.
The nation’s political class furiously prodded voters into backing membership in the supranational regime, threatening economic doom if voters rejected the bid. Foreign Minister Vesna Pusic, for example, said voting against the EU “would be like shooting yourself in the foot.”
A liberal Swedish politician has sent a shot over the bow of that country’s home school community. Writing in a Swedish newspaper, with a follow-up posting on her blog, Lotta Edholm (left) of Sweden’s Liberal Party called for changes to the country’s laws that would allow government social workers to more easily take children away from home school families.
U.S. credit ratings giant Standard & Poor's (S&P) lowered its rating on the credit-worthiness of nine European nations January 13. "It's not the cut in the rating that is historic," BNP Paribas economist Dominique Barbet told the Wall Street Journal. "It's the depth of the euro crisis that is historic."