Syria’s civil war increasingly threatens to metastasize into a regional conflict, as Hezbollah fighters join the battle on the side of Syria’s government, prompting the Syrian opposition to return fire directly into Hezbollah’s home base in Lebanon. Calls for the U.S. to get involved persist.
Meanwhile, another interesting news development looms. Government projections show that [...]
Here is a guaranteed way to get paid well if you work on Wall Street. Find a best friend at a competing bank or hedge fund and take opposite sides of the same large bet. In one year’s time one of you will have a huge profit and get paid well. The other person will [...]
This Soviet strategy remains true today, despite the alleged demise of the USSR. Rather than looking back at the words of such former Soviet leaders, the media has responded to Russia’s resurgent activities with sporadic headlines that read “New Cold War” or “The Cold War is Back.” This could not be any further from the [...]
President Obama used the occasion of the just-concluded Nuclear Security Summit, which tackled nuclear terrorism, to reiterate his “vision of a world without nuclear weapons,” as he put it to an audience of South Korean university students. It is a noble goal, but one which remains unrealistic given the need for great power nuclear deterrence.
It would appear to be ironic that Zakaria, and others who purport to be “doves”, would favor a mutually assured destruction policy that threatens the deaths of millions, over a preventive policy that targets military nuclear facilities. But it is not at all ironic, since such doves would be against actually carrying out the threat [...]
Russia is setting up shop in Syria? With missiles? None of this can be good. Also not good, the Obama administration’s continued downgrading of American interests in the Middle East. The Political Commentator fills in the blanks.
It was all smiles and bonhomie at the US-Australia defense meetings in San Francisco this month. But Down Under, there are growing calls for Australia to scale back its reliance on America in favor of – you guessed it – China.
“Australia can no longer assume that we can continue to exist in a world [...]
Although momentum is seemingly pushing the nation toward a smaller nuclear arsenal and eventual denuclearization, world events and a weakened economy may once again necessitate a greater reliance on nuclear weapons. Those who suggest that precision-guided weapons constitute a “New Triad” are wrong. Nuclear weapons have no substitute and they are unlikely to have an [...]
A failure by regulators and lawmakers to distinguish between large and small banks, coupled with increased industry concentration, excessive pay and a reliance on risky trading, threatens to derail the economy or create the next big crisis, Wilmers said in his latest letter to shareholders.
Despite coming through the worst crisis in 70 years, the [...]
A software glitch knocked out some 10,000 of the military’s GPS receivers earlier this year, according to a new report by The Associated Press. Coming just days after the Air Force launched its first satellite as part of an upgraded GPS constellation, the report raises new questions about the military’s growing reliance on the popular [...]