The Economy, Stupid

To stimulate the economy out of the Great Recession, Obama administration adopted Keynesian economics and used the financial power of the government. It bailed out banks and automobile companies; it kept interest rates low to facilitate investment; and it, in effect via the Fed, printed money. The result: a strong economic recovery with falling unemployment. The Republicans wanted austerity. That is what the EU practiced – German-led austerity. The result: six years of EU recession and high unemployment.August 23, 2014

No News

Did the American people celebrate the news that the last of Syria’s chemical weapons had been destroyed? Unlikely. They probably didn’t see this good news in their newspapers or on the TV? Bad news is trump. August 23, 2014

"Don't Do Stupid Stuff"

August 18, 2014

President Obama’s blundering predecessor and his incredibly ignorant foreign policy staff did lots of stupid stuff. And at great cost in blood, treasure, and reputation. Why repeat? Many in Congress and in the media are still acolytes to George W. Bush’s unilateral militarism and press for its use.  ...more

Sharpening Rhetoric about the IS, but No War Plans Yet

August 22, 2014

The killing of American journalist Jim Foley has created a new momentum for tackling the Islamic State in Iraq - and Syria - in a more effective and comprehensive way, even if the White House is still grappling with what form that effort would take. Gen. Marty Dempsey, Chairman of the Joint Chiefs of Staff, along with Defense Secretary Chuck Hagel, seemed to agree yesterday that the Islamic State represents a far more dangerous threat than al-Qaeda ever did - a sentiment long held by analysts and military experts, and an argument made by a number of prominent people recently....more

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