NATO Is Indeed Obsolete Thee old Atlantic Alliance has no strategic rationale and very few military means WASHINGTON – The Atlantic Alliance, or NATO, is an old security arrangement (founded in 1949) that no longer has...
Americans Dream Of A Savior Who Will Fix All Problems Millions of voters truly believe that Donald Trump has all the answers WASHINGTON – We Americans would like to think of ourselves as reasonably rational people who make choices on the...
German Voters Fear Difficult To Assimilate Immigrants Popular rebellion against the liberal approach of Chancellor Angela Merkel WASHINGTON – German Chancellor Angela Merkel and her political allies just took a big hit in three states elections...
Hillary Clinton Will Ban Fracking -Less Energy For America If elected President, she will restrict most hydraulic fracturing activities WASHINGTON – When it comes to America’s energy needs and viable alternatives to fossil fuels, it looks as if...
Sinking Japan Keeps Adding To The National Debt Japan has no trouble selling 30 year bonds at a nominal interest rate WASHINGTON – As we Americans watch with growing concern our crazy presidential elections politics, other crazy things are happening...
The Moral Case For Capitalism Nobody talks about the benefits of self-reliance WASHINGTON – Would Hillary Clinton make a moral case for American capitalism? I am not so sure. First of...
There Is No European Identity The British and many others have ambivalent feelings about EU membership WASHINGTON – For the outside world, the current political debate within Great Britain about staying in the European Union,...
Angry Americans Love Donald Trump Enough of them to get him the nomination and then allowing him to win the White House? WASHINGTON – How do you explain the “Trump Phenomenon”? It is easier than you think. Traditional democratic capitalism is...
Too Many Bad Loans In India Well connected tycoons get all the credit they want WASHINGTON – India recently decided to change its methodology for calculating GDP and the rate of growth. And, presto,...
No Deal To Cut Oil Production – Still, Russia And Saudi Arabia Are Talking Can the two major oil producers come to an agreement at a later date? WASHINGTON – Saudi Arabia and Russia are the leading world oil producers and exporters. Energy Ministers from both countries...