Since September 30th, Germany has become home to yet another war operations center. On Tuesday, the U.S. militarys newest theater command, Africa Command (AFRICOM) officially became an independent entity with headquarters at Kelly Barracks near Stuttgart. A year ago, AFRICOM was separated from European Command [Read more]
For years they preached that the market was perfect, but the financial crisis shows where its weakness lies with people. The role of government must, therefore, be newly defined.
Homo Economicus is a rare species. Hes knows everything, understands everything, and has no emotions. Most economic scientists, [Read more]
Recent polls indicated that Sarah Palin almost became a burden for the Republican presidential candidate John McCain-especially because of several embarrassing interviews on TV. In her TV duel with Obamas Vice Presidential candidate Joe Biden this Thursday, however, Palin acquit herself surprisingly well--and [Read more]
The first hurdle to the financial bailout package in the United States has been overcome. The Senate overwhelmingly approved the Bush administration's bailout plan. True, they had to add over a hundred billion dollars worth of tax breaks for individuals and small business to the already enormous $700 billion [Read more]
Americans dont want to hear any more about laissez-faire capitalism: how Wall Street chaos is affecting the campaign.
Obamas administration will probably begin this week. No, not President Obamas term of office. The candidate could still lose the election, but his philosophy of governing is conquering America. [Read more]
The state is making an amazing comeback these days and it is doing it in, of all places, the country where individual freedom and the pursuit of happiness has become a national doctrine.
Americans appear to be of the opinion that Wall Street is getting exactly what it deserves
Kings and queens have clung to the past before and humiliated themselves in public, but this time it was merely a United States president. Or what is left of him.
How Peking forced its biggest debtor, the USA, to negotiate the financial crisis
For weeks, the activity of Chinese central bankers in the financial crisis was barely perceptible. They didnt emerge from cover until last Friday, when it became known that the government-owned China Investment Corporation (CIC) was [Read more]