Euro Resentment Demands New Rules

Euroskepticism is abound anew. Where previously economist Paul Krugman argued that Greece could have weathered its fiscal crisis if it had retained its own currency, Judy Dempsey reports that Germans are increasingly nostalgic for their Deutsche Mark. “For Germans,” writes Dempsey, “the mark was more than just currency.” It represented the country’s postwar recovery, the […]

The Return of True Conservatism

On the eve of the Conservative Political Action Committee gathering in Washington DC this Wednesday, over eighty conservative leaders led by former US Attorney General Edwin Meese unveiled a manifesto reaffirming the principles of what they call “constitutional conservatism.” The Mount Vernon Statement is a twenty-first century appreciation of the conscience of America’s Founders. The […]

F-35 Delayed Again

The Pentagon confirmed on February 16 what Deputy Defense Secretary Bill Lynn had announced the day before — that the F-35 Joint Strike Fighter program will be delayed with approximately one year. The delay is due to the integration of additional test craft that were mandated under an aggressive restructing of the program initiated earlier […]

Olbermann: Tea Parties Are Racist

“Prejudice and discrimination still sit, defeated, dormant, or virulent, somewhere in the soul of each white man in this country.” So said MSNBC’s Keith Olbermann on his show Countdown last Monday. Racism, apparently, still lives in America. Discrimination is still all around us in so many ways, openly re-directed toward immigrants who are doing nothing […]

Bring Back Brzezinski

On The Daily Beast former New York Times columnist and president emeritus of the Council on Foreign Relations Leslie H. Gelb suggests that Barack Obama “desperately needs a sweeping staff shakeup to save his presidency.” Gelb is most concerned about White House Chief of Staff Rahm Emanuel who, although “a terrific political mind”, lacks the […]

Iran Moving Toward Military Dictatorship

American secretary of state Hillary Clinton suggested in Riyadh, Saudi Arabia on Monday that Iran is sliding into a military dictatorship. The country’s Revolutionary Guard, she said, is gaining influence “across all areas of Iranian security policy, and certainly nuclear policy is at the core of it.” The United States propose sanctions therefore, specifically aimed […]

Just How Much Debt Are We In?

After The New York Times revealed on Saturday that Wall Street banks helped Greece keep its mounting debt off the books for many years, Edward Hugh at A Firstful of Euros explains how shady financial constructions allowed several European governments to hide part of their financial trouble. Eurostat, the EU’s agency for statistics, has been […]

Brown Is Human

In an interview with Piers Morgan broadcast on ITV1 last Sunday, British prime minister Gordon Brown spoke openly about the death of his daughter Jennifer, his son Fraser who suffers from cystic fibrosis, and the leadership deal that was struck with Tony Blair. More than four million Britons watched the show. With his wife Sarah […]

Biden: Cheney “Rewriting History”

Vice President Joe Biden appeared on NBC’s Meet the Press Sunday to respond to some of his predecessor’s recent criticism of President Barack Obama. At least four times, Biden stressed that Dick Cheney was trying to “rewrite history”. “He either is misinformed or he is misinforming.” Contesting President Obama’s alleged “softness” on terror, Biden claimed […]