Posts Tagged: 9/11
Afghanistan is beginning to look like a quagmire rather than a victory, with echoes of the confusion and uncertainty and persistent bloodshedding of Vietnam.
Despite vastly improved reconnaissance technology in the subsequent forty years, President George W. Bush, in his long-anticipated speech before the United Nations, was unable to present any clear proof that Iraq currently has weapons of mass destruction
Do UNESCO membership and a shift in attitude toward Iran signal a change of heart for the U.S. government?
What we have done since September 11 is not to make the hard choice of choosing which of our liberties we are willing to forego, but rather to sacrifice their libertiesthose of immigrants, and especially of Arab and Muslim immigrantsfor the purported security of the rest of us.
Former Chairman of the Senate Foreign Relations Committee J. William Fulbright's observations and warnings appear deeply relevant to the United States under George W. Bush, particularly in the wake of the publication last week of the administration's sweeping National Security Strategy of the United States of America and its request that Congress authorize a war resolution arguably as broad and as unilateral as the Gulf of Tonkin Resolution approved in the early stages of the Vietnam War.
Despite the IMF's reformist rhetoric about "bailing in" foreign investors and distributing adjustment costs more equitably, there is nothing novel about the new IMF standby credit. It is once again about bailing out banks and bondholders.
Powell's failure to obtain any assurances of further concessions by either side cannot therefore said to be a disappointment.
The current South Asian crisis seems to have ebbed, but the underlying dynamic remains.
So much for nuclear weapons as a deterrent against war
The new IMF prescription of fiscal austerity and no capital controls makes little economic sense.