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The world food crisis is not all bad news, the Guardian reports. In Afghanistan, poppy farmers are switching to wheat crops in response to soaring food costs. Less heroin, more food: seems to be a good example of market forces at work.
America and Britain have spent a lot of money and energy trying to move […]
Filed under: Trade
JENSEN
You have meddled with the primal forces of nature, Mr. Beale, and I won’t have it, is that clear? You think you have merely stopped a business deal — that is not the case! The Arabs have taken billions of dollars out of this country, and now they must put it back. It is ebb […]
Maybe Iran didn’t do it directly, but it is a member of OPEC. OPEC is at fault. The surge in gas pump prices, caused by a weak dollar due to unsustainable trade and government deficits as well as speculation on oil and gas futures, has become a political football. Hillary the populist wants to bring the […]
Filed under: Foreign policy, Trade, War
I agree with Clark Stooksbury that Bush has been a disastrous president, and I expect McCain will be a disastrous president as well. I did not vote for Bush, and I will not vote for McCain. But I can’t shed any tears for the Democrats.
The reason Democrats keep losing presidential contests, and may even manage to […]
Tim argues that aid to outsourced workers is “welfare.” So it would seem. And all good conservatives know that welfare is bad. Cue Hayekian talking points. Reaffirm free-market faith. Should that fail to impart sufficient smugness, throw in a reference to “welfare queens.” QED.
Or not. Conservatives’ primary complaint about welfare is that it rewards the […]
Filed under: Trade
Democrats are holding up the Colombia Free Trade Agreement, and both sides are tying the CFTA to trade adjustment assistance, which is welfare, purportedly for those who lose their jobs thanks to offshoring of jobs. But Democrats in the House are pushing for an expansion of TAA, as they did with the State Children’s Health […]
Nineteenth century British statesmen believed that the national interest should drive all government policy. Twenty-first century America has no sense of a national interest and therefore has no energy policy, no industrial policy, no immigration policy, and no foreign policy. Maladroit Bush Administration global meddling has empowered the Taliban in Afghanistan and Pakistan, created a terrorist threat in Iraq […]
Filed under: Foreign policy, Politics, Trade
Historian Paul Kennedy’s The Rise and Fall of Great Powers: Economic Change and Military Conflicts from 1500 to 2000 which was published during the twilight years of the Cold War, succeeded in doing to geo-politics, what Mao’s Little Red Book had done to the deep, deep thoughts of the beloved communist Chinese butcher and child […]
Filed under: Books, Economics, Foreign policy, Iraq, Trade, War
PITTSBURGH — Industrialism once turned the Pittsburgh’s three rivers into a cesspool–polluted, diseased, and rancid. Now Hillary Clinton is promising that Pittsburgh will not only see a revival of manufacturing, but will be an example of “green technology” for the rest of the nation.
Clinton just addressed a crowd of union leaders, local business owners […]