Britain Goes Hat in Hand to Australia

How the tables have turned. Great Britain is now courting Australia, its old cast-off colony, for strategic assistance in Asia. The FT reports that the two countries are set to sign a wide-ranging defense treaty, boosting the UK’s global profile as it sets its sights beyond Europe in the 21st-century geopolitical theater: Owing to its […]

Business Roundtable Goes After Medicare

With another showdown on the debt ceiling looming, CEOs from America’s biggest companies have given the White House and Congress a series of proposals for entitlement reform, some of which are familiar by now: As well as proposing rises in the eligibility age for Medicare from 65 and for Social Security from 67, the BRT […]

“Low-Hanging Fruit” Out of Greens’ Reach

Forget about global carbon treaties; greens can’t even manage to pick the “low-hanging fruit.” While alternative energy is a kind of holy grail, reaping savings from energy efficiency is supposed to be relatively easy. In 2011 the Obama administration spent $4 billion on the construction of energy efficient buildings to “create tens of thousands of […]

Flogging Mali Again (and the Attack in Algeria too)

When I wrote about the situation in Mali a couple of days ago, little did I know just how much get-up-and-go this story would acquire. In just about fifty hours, from the time I left off writing on Tuesday to the present, at least five significant developments have widened the aperture of this episode—some of […]

Illinois’s Blue Robin Hoods Stealing from the Young to Give to the Old

After pension reform went down in flames last week, Illinois moved to Plan B: war on the young. Governor Pat Quinn’s administration claims that the upcoming budget will include major cutbacks on state services to make room for a $1 billion increase in pension spending. Most notably, education spending will decrease by $400 million, which would make […]

US Could Be Top Oil Producer This Year

The U.S. could become the largest producer of oil this year, seven years earlier than expected, a recently published BP report predicts. In less than 20 years, it will be 99 percent self-sufficient in net energy. We’ve read the tea leaves, and they foretell a new world order: Techniques such as horizontal drilling and hydraulic […]

Algerian Hostage Crisis a Consequence of Failed Policies

The hostage crisis in Algeria’s south is not yet over this morning: By Friday morning the UK Foreign Office said that the terrorist incident in the gas facility was “ongoing”. Media reports also said that the military raid was over and the BBC said that the site was being searched to ascertain whether there were […]

“Political Intelligence” Can Make or Break Wall Street

A brilliantly reported piece in today’s WSJ lays bare a mysterious industry: political research and intelligence. Well-connected firms like Marwood Group, founded by Ted Kennedy Jr., use relationships and experience in Washington to offer advice to hedge funds and other investment companies on how upcoming political decisions might affect a company’s stock or a particular […]

The Gray Lady Confirms Blue Civil War

You know the blue model is in serious trouble when even New York Times writers turn against it. Yesterday dyed-in-the-wool Democrat Thomas Edsall responded to Via Meadia‘s take on blue model collapse. In his response he struggles mightily with the bluer angels of his nature, calling our take “apocalyptic,” but in the end admits that 20th-century liberalism is […]

Your Guide to the Madness in Mali

Gregory Mann, a West African historian, Columbia University professor, and reporter for the blog Africa Is A Country, has been covering Mali for some time now, and in his latest piece he gives us the informed perspective that is often missing in the accounts of mainstream reporters, who are only now scrambling to catch up to a […]

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