Listening to President Obama’s inaugural address today, I was struck by his rhetoric with respect to “apologizing for our way of life.” It was a bit unclear, but hopefully he was referring, not only to threats to our national security, but to energy consumption — the notion that we (Americans, westerners) should not apologize for the energy we consume, which enables us to live better, more productive, healthy lives.
With old friends and former foes, we will work tirelessly to lessen the…
Over in the UK, their own financial mess is reaching genuine crisis levels. With a trillion dollar national debt, a currency crisis and their own bank bailout (the model Paulson followed) having conclusively failed, Britain is on the edge of bankruptcy:
The country stands on the precipice. We are at risk of utter humiliation, of London becoming a Reykjavik on Thames and Britain going under. Thanks to the arrogance, hubristic strutting and serial incompetence of the Government and a group of…
As millions gather on the national mall today to witness the inauguration of Barack Obama, many are looking to the new president not only as a role model and the fulfillment of Martin Luther King’s dream for America, but also as a leader capable of saving us from economic disaster.
Yet, it seems that the economy may not be in as bad a shape as some would have us believe.
The Minneapolis Federal Reserve says that things aren’t that bad. In fact,…
As pundits bet that Sen. Hillary Clinton is a done deal for Secretary of State, today’s editorial in the Financial Times calls it a poor choice for a variety of reasons. In the piece extolling President-ele
ct Barack Obama’s picks for his economic team, the FT says that’s not the case for Hillary and hits her lack of experience, her ambitions, and her personality.
Economics aside, the biggest surprise among Mr Obama’s rumoured appointments is Hillary Clinton, whose selection as secretary of state is…
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