IrishTimes.com DAN O’BRIEN Sat, Aug 06, 2011 ANALYSIS: LAST WEEKEND the world’s attention was on Washington DC as America’s politicians peered into the abyss of sovereign default. On Sunday they stepped back. This weekend attention is on Rome and Madrid. Politicians in those two capitals are sliding towards the same abyss. But there is a
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AUGUST 5, 2011 Stocks Nose-Dive Amid Global Fears Weak Outlook, Government Debt Worries Drive Dow’s Biggest Point Drop Since ’08 By TOM LAURICELLA Stocks spiraled downward Thursday as investors buckled under the strain of the global economic slowdown and the failure of policy makers to stabilize financial markets. The selling began in Europe and continued
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AUGUST 1, 2011 His lack of faith in American exceptionalism has dashed any hope of a ‘transformational’ presidency. By FOUAD AJAMI In one of the illuminating, unscripted moments of the 2008 presidential campaign, Barack Obama said—much to the dismay of his core constituency—that the Reagan presidency had been “transformational” in a way that Bill Clinton’s
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JULY 27, 2011 The Antidote for Socialism We’ll have to wait for 2012, because this administration won’t administer it. By PETE DU PONT Last year I wrote that the enactment of ObamaCare meant “the Europeanization of America is coming to pass, for individual choice and opportunity are being replaced by statism.” That law is transferring
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Neil Reynolds With government spending, virtue hath its own rewards NEIL REYNOLDS | Columnist profile | E-mail From Monday’s Globe and Mail Published Monday, Jul. 25, 2011 2:00AM EDT In 1900, the governments of the world’s most advanced economies taxed and spent, on average, 10 per cent of respective GDP each year. By 2000, they
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THE WASHINGTON POST At least 80 killed at Norway youth conference after Oslo bombing, police say By Michael Birnbaum, Updated: Friday, July 22, 10:17 PM Two apparently coordinated attacks hit Norway on Friday, with a shooting at a youth political conference outside the capital of Oslo killing at least 80 people and a massive explosion in the
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JULY 18, 2011 Regulators don’t want to reveal how vulnerable banks are to a sovereign default. Almost every bank in Europe passed the latest round of stress tests, according to results released Friday night by the European Banking Authority. A lot of good that news did. Stock prices came under pressure around the world on
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JULY 13, 2011, 7:28 P.M. ET What if the weak recovery is all the recovery we are going to get? By DANIEL HENNINGER Barack Obama, John Boehner and Mitch McConnell have been performing an intricate scorpion dance over spending, taxes and the debt ceiling, premised on the belief that this is the deal that would
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Fury is spreading. But the mobs ignore the real culprit behind broken economies. by Niall FergusonJuly 11, 2011 Yiorgos Karahalis / Reuters-LandovRiot police at a protest against austerity measures in Athens on June 28, 2011. This is the age of indignation. Politics in the Western world are becoming more emotional—because our problems are so intractable.
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JULY 9, 2011 Europeans pay tribute to a great American—and long for another. By PEGGY NOONAN What brilliant good it can do a country when the world respects, and will not forget, one of its leaders. What was vividly true 30 years ago is true today: The world looks to America. It doesn’t want to
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