Privatizing the IRS

CHRISTOPHER BRAUCHLI—Those interested in collecting past due debts might find themselves leery of giving such a failed effort a second chance. Proving that “once bitten, twice shy” does not apply to Congress, however, the program was re-introduced again in 2004 as part of the American Jobs Creation Act. According to projections at the time that Act was passed, and contrary to empirical evidence from less than 10 years earlier, its Congressional supporters said that the PCAs would collect $1.3 billion and receive commissions of $350 million. It was, so the Congress believed, a sure fire winner.


Greece – Convenient Victim or Complacent Masochist?

PETER KOENIG—The debt on Greece was imposed by the troika and accepted by the Tsipras Government against the will of the people, who in a referendum on 5 July 2015 voted with an overwhelming 61% NO to the bail-out package, of which not one euro has benefitted the Greek people, but covered merely Greece’s debt service, i.e. interest and related fees; and, second, the Greek debt was and is by IMF standards – admitted in private by Mme. Lagarde – beyond Greece’s repayment capacity…


Ominous Russophobia in America

SAID BERNIE SANDERS—“To temper Russian aggression, we must freeze Russian government assets all over the world, and encourage international corporations with huge investments in Russia to divest from that nation’s increasingly hostile political aims…The United States must collaborate to create a unified stance with our