Fannie Mae: Nationalize it or privatize it
Sometimes a business story seems cinematic, like a film-to-be on the hunt for just the right director. A potential film out there has Oliver Stone's name written all over it....
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Focus on growth, not backbiting
Is the dollar a moral issue? Recent coverage of the currency's decline seems to suggest that it is. The problem, we are told, is the current account deficit--the greedy U.S....
Tide of democracy sweeps the globe
The news from Ukraine is that Viktor Yushchenko's side is probably going to win. Things were already looking good last week. But the supreme court's weekend decision to order a...
Change the tax regime to help America save
Pre-election, post-election. Any time is a good time to bash the U.S. over its savings rate. Thus, early in the month Jean-Claude Trichet of the European Central Bank warned that...
Democracy and the divine right
Power is the theme in Democratic chat rooms this month. The commentators are presenting the Nov. 2 election as a Republican coronation. The danger, they suggest, is that President Bush...
Ignore the scaremongers–Social Security `crisis’ fixable
Public pension liabilities are regarded as the single greatest domestic problem confronting developed nations. Technically, fiscally, morally or politically, whatever way you look at it, pension reform seems close to...
The surge of a more conservative America
The outcome of the presidential election may look similar to that of 2000. But in reality, 2004 is fundamentally different. The lessons of 2000 involved process--ballots, campaign finance, judicial rulings....
U.S. election about class, not politics
If you want an insight into the American election, look at the Guardian's decision to halt its assault on a single county--Clark County, Ohio. The British newspaper and its supporters...
It’s absurd to engage in a trans-Atlantic air war
It turns out that the trans-Atlantic divide over foreign policy is not sufficient. There has to be another trans-Atlantic divide--a trade divide. That at least is what you would conclude...
Why Bush bashing could backfire
If President Bush is re-elected, his victory will come in part because the Republican Party has a strong domestic agenda. If Sen. John Kerry loses, it will be because the...