The sovereign debt crisis is moving up a gear this weekend. As the fundamentals of the eurozone crisis remain unaddressed, as opposed to superficial remedies for the symptoms, the failure to raise the US debt ceiling within the next 4 days, which looks increasingly likely, could seriously destabilise the global financial system since American treasury […]
Posts Tagged ‘Obama’
Bin Laden’s death – no cause for jubilation
May 2nd, 2011 by Jon Lansman.Celebrations at the killing of Osama bin Laden in the streets of New York are as unjustified as they were in East Jerusalem and Nablus following the 9/11 attack on the twin towers. Vengeance does not bring peace or justice. Though the details of the US operation which resulted in Bin Laden’s death are not […]
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Is America Flirting With Fascism?
Nov 4th, 2010 by Mark Seddon.To watch from afar as the drama of the US mid term elections unfolded as a Brit who has lived in America, likes America and likes Americans, is deeply frustrating. At one level there is puzzlement, at another there is deep concern and still at another there is a feeling that to comment is to […]
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How Obama saved the economy but lost the mid-terms
Nov 3rd, 2010 by Andy Newman.There’s a very interesting assessment of Obama’s record in office from Timothy Egan in the New York Times. One of the difficulties for any American administration is that in a society where government has a relatively small economic footprint, they are hostage to developments outwith their control. In an aggressively market oriented economy, the levers available to the […]
