The citizens who are deluging the Congress of the United States with denunciations of the greed of Wall Street should take a look at their neighbours, and indeed at themselves...
Despite the financial meltdown, despite the ongoing war in Iraq, despite impending global warming and the energy crisis, the most important issue facing the next president will be nuclear weapons and the increasing chance of a catastrophe worse than Hiroshima...
Obama’s constant deference to McCain as in “John is right…”; the worried side-looks over at McCain, who, in contrast, addressed the audience; and the desire for false intimacy (employing “John” instead of “Sen. McCain”) reflected the relative lack of gravitas on Obama’s part—something that transcends education, eloquence, and youthful vigor...
In considering what needs to be done to improve the functioning of the financial system, it is necessary to distinguish steps to avoid a major depression in the near term from long run reforms of the financial system...
For many years, Treasury Secretary Henry Paulson, his predecessors at Treasury, and other prominent American academics and financiers lectured China on the need to reform its financial system and how to do it...
