By Wesley Pruden This is Disorientation Week in Washington. From the White House to the Hill, the Democrats are trying (but not trying too hard) to come to terms with a new reality. Attitude-adjustment hour is sometimes no fun at all. Vice President Joe Biden, who suffers terminal hoof-in-mouth disease, thinks the tea party folks […]
By Sol Sanders The debt crisis is likely to be with us for quite a while. And since TV talking heads speak in gobbledygook, what better than a layman’s glossary? Herewith: Banks — Safehouses where hardworking individuals and corporations put their savings supposedly to discreetly finance other people’s worthy projects. Bonds — Paper representing company […]
By Lev Navrozov China, which the communist Mao created as the “People’s Republic of China” (PRC) to turn the entire world communist, may defeat the United States as unexpectedly as Hitler defeated France. France was the world’s most culturally sophisticated and creative country. Yet it succumbed quickly to an attack by Hitler, a WWI soldier […]
By John Metzler PARIS — The albatross of the debt crisis continues to dominate headlines throughout the European Union and indeed the United States. While whopping budget deficits and massive social service obligations serve as a millstone to European economic recovery, many economists are nervously looking to the long term stability of the Euro currency […]
By Jeffrey Kuhner America’s economy is in free-fall. Growth is anemic. The stock market is collapsing. Real unemployment — combining the high jobless rate with rampant underemployment — is higher than 16 percent. Manufacturing is dead. Deficits, debt and government spending are at record levels. Our credit rating has been downgraded for the first time in history. […]
The Arab freedom wave has now hit the shores of Europe and in the most unlikely of places: the Balkans. Croatia, an Adriatic nation that straddles the civilizational fault line between Central Europe and the Balkans, has been seething with public unrest and protests. For weeks, thousands of demonstrators have been assembling almost daily in […]
Mohammed Ghannouchi, the prime minister, announced he was taking over as acting president as the army moved in to seize control of the main airport in the capital Tunis. The collapse of the 23-year dictatorship, the first ever collapse of an Arab leader to a “people power” uprising, was met nervously by Tunisia’s allies. Mr […]
CHINA is in discussions with North Korea about stationing its troops in the isolated state for the first time since 1994, a South Korean newspaper reports. The Chosun Ilbo newspaper quoted an anonymous official at the presidential Blue House as saying that Beijing and Pyongyang recently discussed details of stationing Chinese soldiers in the North’s […]