Free Republic

Now, here’s why the Logan Act, in its 218 year life, has never, not one time, resulted in a prosecution of anyone: If you take that text literally, John McCain alone would have been found guilty of violating the Logan Act half a dozen times since Trump took office, and probably 50 times during the presidency of George W. Bush, as McCain has made a frequent habit of making speeches in foreign lands that are highly critical of U.S. foreign policy, but only during Republican Administrations. Liberal hero Ted Kennedy wrote letters to Soviet Union leaders, actively seeking their intervention...

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/5e923e3a-51d3-11e3-8c42-00144feabdc0.html#ixzz2m9yJLw8r The most interesting message in this year’s World Energy Outlook from the International Energy Agency is also its most disturbing. Over the past decade, the oil and gas industry’s upstream investments have registered an astronomical increase, but these ever higher levels of capital expenditure have yielded ever smaller increases in the global oil supply. Even these have only been made possible...

Deutsche Bank: Don't Worry, All This Recession Talk Is Nonsense Gregory White Aug. 23, 2010, 1:35 PM Deutsche Bank have taken a closer look at one of the recession indicators troubling market participants the most right now, the index of Leading Economic Indicators (LEI). The main concern is the slowdown in the LEI over the last three months, with it up only 1.1%. But Deutshe Bank says not to worry about this three month stat. Only when the 12- month change in the LEI turns negative, matching a decline in the 3-month change does one need to become extremely worried...

Deutsche Bank Reveals €2 Billion Short Position In Spanish And Portuguese Sovereign Debt Gregory White Jun. 10, 2010, 9:30 AM Deustche Bank has revealed a short position in European sovereign debt worth €2 billion ($2.4 billion), focused on Spanish and Portuguese sovereign debt, according to The Telegraph. The Spanish short is worth £900 million ($1.315 billion) while the Portuguese short is worth £660 million ($963 million). The news only adds to worries over the state of the Spanish economy. Today, the Bank of Spain had a successful debt auction in which they sold 3 year bonds worth €3.9 billion ($4.7...