In what other country would the offspring of a black foreigner and a white American from a relatively poor background be able to run for the highest office, let alone beat the war hero candidate of the established party in power?
I have been oddly stuck on one phrase said by Mr. Greenspan; that is what he cleverly expressed, a "once-in-a-century credit tsunami." It immediately spread out worldwide since it was made by the person who had been seated at top as Chairman of the Federal Reserve Bank.
However, I must have heard such a line like [Read more]
Will the coming Obama administration make any effort to restore an American-led international order? The administration’s policies will affect the course of world events in 2009.
Despite the realization that this crisis is the worst in a century, the policies toward it seem very soft. [American policymakers] act as if they are ordering a beer in an ordinary bar without thinking.
It was a bruising year for U.S. capitalism. Not only did the world's largest economy plunge into recession, but financial mismanagement and misjudgment triggered a global financial crisis.
When the holiday season ends and Barack Obama takes the U.S. presidential oath of office next month, will he notice that life has become less merry and more naughty and un-nice?
Enough highly enriched U.S. uranium to make about 20 nuclear weapons was sneaked back to the United States from Japan over a 12-year period until last summer in a secret operation aimed at keeping it out of terrorists' hands
President-elect Obama, who has adopted the slogan of 'change,' is said to respect Reinhold Niebuhr (1892-1971). This is as surprising considering Obama's landslide victory in the presidential election.
Niebuhr was a father of realism and his theories are very similar to thoughts of the [Read more]
Americans who served in Korea and Vietnam as well as Iraq put their lives on the line for their country. Now their country needs to put its money where its mouth is and extend them all a proper lifeline.