International Politics
The Fed has finally came clean. It now admits it bailed out Bear Stearns – taking on tens of billions of dollars of the bank’s bad loans – in order to smooth Bear Stearns’ takeover by JPMorgan Chase. The secret Fed bailout came months before Congress authorized the government to spend up to $700 billion …
Arcane, Secretive, Organizations like the Fed have no place in a Democracy Read More »
As I see it, there are three principal requirements for the job. The first is experience in management, business, and organization: maybe someone who’s worked as a management consultant, an entrepreneur, and an executive in both the public and private sectors. The second is the ability and capacity to commit: someone who isn’t likely to …
The Putin Parody Andrei Piontkovsky The history of authoritarian rule in Russia displays a certain depressing regularity. Such regimes rarely perish from external shocks or position pressure. As a rule, they die unexpectedly from some internal disease – from irresistible existential disgust at themselves, from their own exhaustion. Czarist rule withstood many harsh tests during …
Over the past decade, Western media have repeatedly portrayed images of Muslim women as victims. We have read about the Taliban publicly beating young women who laugh in the street; we have read about the targeted killings of professional Iraqi women – doctors, journalists, lawyers – who represent an opposing view to an extremist agenda. …
Muslim women could be the key to ending extremism Read More »
Karzai’s China-Iran dalliance riles Obama By M K Bhadrakumar Great moments in diplomatic timing are hard to distinguish when the practitioners are inscrutable entities. Afghan President Hamid Karzai’s visits to China and Iran within the week rang alarm bells in Washington which were heard in the Oval Office of the White House. Karzai’s two days …
Americans furious at Karzai seeking friendship with China and Iran. Read More »
News and Analysis in your own Language
By THOMAS L. FRIEDMAN Published: March 23, 2010 President Obama’s winning passage of national health care is both exhilarating and sobering. Covering so many uninsured Americans is a historic achievement. But the president had to postpone trips, buy off companies and cut every conceivable side deal to just barely make it happen, without a single …
Bush and Clinton visit Haiti for fund-raising effort Former US Presidents George W Bush and Bill Clinton are visiting Haiti as part of their fund-raising efforts to aid the earthquake-stricken nation. The have toured the badly-damaged capital, Port-au-Prince, and are meeting President Rene Preval. They are also visiting camps for some of the 1.3 million …
Look and think, 2 mortal enemies can bury hatchet Read More »