What the Court Did—and Why
Since 1976, when the Supreme Court decided the seminal case of Buckley v. Valeo, the Justices have been locked in what both sides see as a Manichean struggle over the constitutionality of campaign finance regulation. On one side are those Justices who view the world of politics as fraught with corruption and undue access for […]
The Supreme Court’s January 21, 2010 decision in Citizens United v. Federal Election Commission struck me with a case of double vision. The decision said that corporations and labor unions have as much right as individuals to spend unlimited amounts for political advocacy. I cannot see corporations as being equivalent to natural persons and therefore […]
The European project is a global blueprint for social change, environmental protection and supranational governance. Yet nobody talks about Europe in such glowing terms today. Why has the shine come off the apple?
Drifting and at Risk
For a host of reasons, the European project, one of the most impressive international achievements of the past fifty years, is in deep crisis. “Malaise”, a word made famous by President Jimmy Carter in the 1970s, now seems the most apt description of the European Union’s mood.
A Retired Power
As it stands now, Europe has lost its self-confidence, its energy and its hopes that the next century will be the “European century.” From Beijing to Washington—and even in Brussels it-self—the Old Continent is widely viewed as a spent geopolitical force, as a great place to live but not a great place to dream.
A Crisis of Wishing
Some are smiling at Europe’s comeuppance. But Schadenfreude would be unwarranted, especially coming from Americans.
The Wall Street ICEcapade
Location, location, location is key for ICE Trust U.S., a new clearinghouse that trades credit default swaps, the complex financial instruments at the heart of one financial crisis after another, from Lehman Brothers to AIG to Greece.