“As Rome passed away, so, the West is passing away, from the same causes and in much the same way. What the Danube and Rhine were to Rome, the Rio Grande and Mediterranean are to America and Europe, the frontiers of a civilization no longer defended.”
Pat Buchanan is sounding the alarm. Since 9/11, more than [...]

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TEHRAN, Aug. 20 — As Iran fired 10 short-range missiles on the second day of a large-scale military maneuver, officials on Sunday reiterated Iran’s stance that it did not intend to halt its uranium enrichment program.

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NEW YORK (CNNMoney.com) — After it failed to convince India, Brazil and some other trade partners to give more market access to American products, the United States is thinking about revoking trade benefits to some of these countries.
Quid pro quo?
 
My Comments:
Economists generally miss that whatever can't be imported will go up in [...]

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A blossoming Sino-Russian romance is undercutting U.S. global interests on an unprecedented scale. Indeed, Russia and China seem to have their eyes on restraining European and Japanese power, too.
Start with the United Nations, where Russia and China are hampering U.S.- and European Union-led efforts to address Iran's nuclear program. It's been weeks [...]

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The Organization for Economic Cooperation and Development (OECD), headquartered in Paris, released a report, "Going for Growth," that details economic prospects in the industrial world. It is 160 pages long and written in bland, cautious, scholarly prose. But the conclusion is clear: Europe is in deep trouble. These days we all [...]

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Israel will now face a more determined enemy. Missiles’ will continue to fall. This time they will come from Lebanon and Syria both, with the possible addition of Iran. Resistence will also come from Gaza. Because the leadership of Israel has been so consistent in giving land for peace, they have [...]

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Corruption, bribery, and chronic inefficiency all added to the collapse of the Soviets. But Soviet corruption was bush league compared to the level that Chinese corruption has reached. And that corruption will lead to China’s implosion. But, will that implosion occur before China launches a war against the US? That [...]

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