After the financial crisis erupted in 2008, continental Europe on the whole appeared to be in better shape than the US. The main reason was that the big EU banks held smaller amounts of questionable mortgage-backed securities than did American (and British) banks.
Sino-Forest is a Wholly-Owned Foreign Enterprise that harvests, processes, and sells wood from leased or owned tree plantations in various Chinese provinces.
Senator Mark Udall of Colorado is pushing an amendment to the NDAA to strip the bill of its detainee-affairs provisions and require further study of the relevant issues from both the executive branch and relevant congressional committees.
For months a common story line in the budget debate has been that a bipartisan deficit reduction deal was impossible as long as Republicans refused to raise taxes.
Although these debates are by now monotonous, they have the effect of shaping up the candidates (who are doing much better in general) and reminding us why the pre-primary race is really between Romney and Gingrich.
Advancing a Free Society is the Hoover Institution’s institutional blog. It serves as a platform for original brief analysis that clarifies and enlightens.
