WASHINGTON – Talk about beating low expectations. Luis de Guindos, Spanish Minister of the Economy and Competitiveness, recently reported that Spain’s economic future is looking better than what the government had estimated a while ago.
WASHINGTON – In an otherwise good UN speech (September 24, 2014) focused on the need to fight for international law while combating militant groups and terrorists, President Barack Obama could not resist the temptation to say something negative about America.
WASHINGTON – While American energy firms have made major progress in exploiting new “unconventional” (mostly shale) oil, this way vastly increasing domestic production, we still import almost half of the 18 million barrels of oil that we consume every day. This means “exporting” billions of US dollars, every day, in order to pay for this precious fuel. It […]
WASHINGTON – Denmark, a NATO country, just joined the fight against ISIL, (also ISIS or IS) in Iraq. We are told that it will contribute four combat jets and three more in reserve. The fact that this militarily insignificant development is news tells us a great deal about the level of European enthusiasm regarding this new, probably long, […]
WASHINGTON – The real threat against America may not be terror attacks against the homeland engineered by ISIL, after all. Most probably, the real threat is home-made, in the form of foolish monetary policies that have created yet another, gigantic Wall Street speculative bubble.
WASHINGTON – US public schools are so bad that many public schools teachers –that is those who have first hand knowledge of the failures of the system- send their own children to private schools. (More on this below).
WASHINGTON – President Obama, now acting in conjunction with a newly formed Arab coalition, (Saudi Arabia, Jordan, Bahrain, UAE, Qatar), just expanded the war effort against ISIL. There have been strikes against ISIL targets in Syria. Most likely many more will follow.
WASHINGTON – Until a few years ago there was a semi-universal consensus on “global warming”. It was settled that the earth’s temperature is rising. It was settled that human activity, that is burning large amounts of fossil fuels, was the main cause. It was also settled that all countries, especially big ones that use most of the […]
WASHINGTON – President Barack Obama won re-election in 2012 largely on the promise that, with him as president, all the existing federal welfare and entitlement programs protecting the poor would be safeguarded.
WASHINGTON – The self-proclaimed Islamic State, (IS, also known as ISIS or ISIL), now established in parts of Syria and Iraq, must be destroyed. The sooner, the better. But, even more important, the crazy ideology, this bizarre blend of distorted religion and politics that sustains ISIL and other violent organizations that claim to be inspired by the true […]