What if I told you that a prominent global political figure in recent months has proposed: abrogating key features of his government's contracts with energy companies; unilaterally renegotiating his country's international economic treaties; dramatically raising marginal tax rates on the "rich" to levels not seen in his country in three decades (which would make them among the highest in the world); and changing his country's social insurance system into explicit welfare by severing the link between taxes and benefits?...

Time for our summer break...

Why Do Europeans Love Obama?...

House prices are tumbling in the U.S., the job market is faltering, gasoline is about $4 a gallon and financial markets are struggling through their worst shock in decades...

Don't ever go on CNBC to debate Bob Compton, one of America's most energetic prophets of doom, without careful preparation and a willingness to be rude...