Group items tagged

McCain appears to be calling for a new international alliance focused on democracy. But isn't that alliance the United Nations? McCain's "leage of Democracies" would undoubtedly resemble a tougher, more militarily aggressive, UN dominated by American players and ideologies. Kind of like a UN you can invade the world with.

Numerous media outlets interpreted McCain's speech as a call for "cooperation" and "collaboration" with allies and the rest of the world, "drawing a sharp contrast to the past eight years under President Bush." But last night on Fox News, conservative columnist Charles Krauthammer revealed the true meaning behind McCain's "League of Democracies":

That is EXACTLY what I thought when I read about this..."league of democracies" = tool of US to keep certain players out of the mix

The federal investigation into UBS, which led to a $780 million fine and an agreement to turn over the names of more than 4,450 suspected tax cheats, is now in tatters after Swiss courts ruled against the executive-branch deal. To get around it, a special law has been proposed to accomplish the handoff, but that may not get anywhere in the legislature either. One outcome is already known: tax evasion had become a key service of the Swiss economy, not some isolated event. "They have been outed completely because a very large chunk of their business has been shown to include people cheating on taxes," says Jack Blum, a tax-haven expert. Being "reasonably conservative," he estimates 30% of Swiss banking is related to tax evasion, a figure that jibes with recently released bank data. These revelations come as the financial meltdown has punched a huge hole in projected revenues for governments, which are suddenly a whole lot less tolerant of tax cheats. That's particularly true in Germany, whose wealthy account for a significant portion (at least 10%) of the $1.8 trillion in Swiss banking assets. That translates into hundreds of millions in lost revenue and is the reason the German Finance Minister recently thundered, "There's no future for bank secrecy. It's finished. Its time has run out." The Swiss are not going to be so easily convinced. The Swiss government has already warned that it will not cooperate with German authorities if they go ahead with plans to purchase purloined data about Germans with Swiss bank accounts.

"IT IS TIME to stop pretending that Europeans and Americans share a common view of the world, or even that they occupy the same world. On the all-important question of power - the efficacy of power, the morality of power, the desirability of power - American and European perspectives are diverging. Europe is turning away from power, or to put it a little differently, it is moving beyond power into a self-contained world of laws and rules and transnational negotiation and cooperation. It is entering a post-historical paradise of peace and relative prosperity, the realization of Kant's "Perpetual Peace." The United States, meanwhile, remains mired in history, exercising power in the anarchic Hobbesian world where international laws and rules are unreliable and where true security and the defense and promotion of a liberal order still depend on the possession and use of military might. That is why on major strategic and international questions today, Americans are from Mars and Europeans are from Venus: They agree on little and understand one another less and less. And this state of affairs is not transitory - the product of one American election or one catastrophic event. The reasons for the transatlantic divide are deep, long in development, and likely to endure. When it comes to setting national priorities, determining threats, defining challenges, and fashioning and implementing foreign and defense policies, the United States and Europe have parted ways."

Adam Smith observed in 1776 that economies work best when governments keep their clumsy thumbs off the free market's "invisible hand." Two generations later, in 1817, the British economist David Ricardo extended Smith's insights to global trade. Just as market forces lead to the right price and quantity of products domestically, Ricardo argued, free foreign trade optimizes economic outcomes internationally. Reading Adam Smith in Copenhagen -- the center of the small, open, and highly successful Danish economy -- is a kind of out-of-body experience. On the one hand, the Danes are passionate free traders. They score well in the ratings constructed by pro-market organizations. The World Economic Forum's Global Competitiveness Index ranks Denmark third, just behind the United States and Switzerland. Denmark's financial markets are clean and transparent, its barriers to imports minimal, its labor markets the most flexible in Europe, its multinational corporations dynamic and largely unmolested by industrial policies, and its unemployment rate of 2.8 percent the second lowest in the OECD (the Organization for Economic Cooperation and Development). On the other hand, Denmark spends about 50 percent of its GDP on public outlays and has the world's second-highest tax rate, after Sweden; strong trade unions; and one of the world's most equal income distributions. For the half of GDP that they pay in taxes, the Danes get not just universal health insurance but also generous child-care and family-leave arrangements, unemployment compensation that typically covers around 95 percent of lost wages, free higher education, secure pensions in old age, and the world's most creative system of worker retraining. Does Denmark have some secret formula that combines the best of Adam Smith with the best of the welfare state? Is there something culturally unique about the open-minded Danes? Can a model like the Danish one survive as a social democratic island in a turbulent sea of globali

On February 17th, 2002, Marc Ash and I attended a forum in Los Angeles where Rep. Dennis Kucinich delivered his "Prayer for America." A few days later I interviewed the Congressman, and he closed the interview with the following statement:  "Peace is in our national interest. International cooperation is in our national interest. We need to have grand civic dialogue about what we might be able to do here to change the direction of the nation. It certainly needs change. We can spend an extra forty-five billion dollars this year for military when they can't even keep track of their own budget, and still we have forty-two million people without adequate health insurance, senior citizens splitting pills in order to try to meet their health requirements and still protect their budget. We have schools that are still falling apart with programs that don't work. We have so much to do. Yet, society is becoming militarized."  "People want change. The fifteen thousand emails in the last three weeks told me that people want a different direction. I think they are representative of millions of Americans who want to take a different approach. They don't want to be trapped into a condition that the level of support for war is equated with patriotism."  Our country has yet to have that dialogue, and things have only gotten worse. The Nation republished the speech yesterday with a new introduction penned by Kucinich. - SMG/RSN 

WASHINGTON - The pro-legalization group Law Enforcement Against Prohibition fretted that President Barack Obama and Mexican President Felipe Calderon were embarking on a counterproductive mission after the two pledged "renewed cooperation" on the drug war Thursday. "Legalization is the only way to end the cartel violence, just like ending alcohol prohibition was the only way to make gangsters stop shooting each other over beer and liquor distribution," Tom Angell, a spokesman for Law Enforcement Against Prohibition, told Raw Story in an e-mail. "How many more police officers and innocent civilians will these leaders allow to die before they finally tackle the one true solution to this violence?" "Both presidents have said recently that legalizing and regulating drugs is a legitimate topic for discussion, so it would truly be a shame if they didn't take the time to talk about this issue when they met behind closed doors," he said.

In his thoughtful criticism of my essay on the future of fossil fuels and the poor prospects for renewable energy, Andrew Leonard characterizes my message as one that "we have nothing to worry about." This may be partly the fault of my presentation, because in the course of being provocative I did not make it sufficiently clear that I was engaged in analysis, not advocacy. I made the prediction that, even in the presence of global warming, the countries of the world are unlikely to allow the vast stores of fossil fuels in the earth's crust to lie there undisturbed, when technology is making many of them ever more accessible and cheaper than the renewable energy alternatives. For the record, I personally wish that greenhouse gas emissions would stop immediately, and I personally would prefer a world of harmonious international cooperation for all time. Neither of my personal preferences is going to be fulfilled and neither affects the accuracy of my analysis.

A spate of horrific civilian killings by NATO in Afghanistan has led Afghan President Hamid Karzai to demand that NATO cease all air attacks on homes.  That is likely to be exactly as significant as you think it would be, as The Los Angeles Times makes clear: "This should be the last attack on people's houses," the president told a news conference in Kabul. "Such attacks will no longer be allowed." Karzai's call was viewed as mainly symbolic. Western military officials cited existing cooperation with Afghan authorities and pledged to continue consultations, but said privately that presidential authority does not include veto power over specific targeting decisions made in the heat of battle. So we're in Afghanistan to bring Freedom and Democracy to the Afghan People, but the President of the country has no power whatsoever to tell us to stop bombing Afghan homes.  His decrees are simply requests, merely "symbolic." Karzai, of course, is speaking not only for himself, but even more so for (and under pressure from) the Afghan People: the ones we're there to liberate, but who -- due to their strange, primitive, inscrutable culture and religion -- are bizarrely angry about being continuously liberated from their lives: "Karzai's statements . . . underscored widespread anger among Afghans over the deaths of noncombatants at the hands of foreign forces."

During negotiations regarding raising the nation's debt limit, congressional Republicans have defended tax loopholes for corporations, claiming that America has a high corporate tax rate that is stifling economic growth and job creation. But the Center for Tax Justice (CTJ) has crunched the most recent data from the Organization for Economic Cooperation and Development (OECD), the Office of Management and Budget, and the Census Bureau, and finds that "the U.S. is already one of the least taxed countries for corporations in the developed world."

Below are three clips -- first, the exchange [Glenn Greenwald] had with Kagan defender (and former Obama White House counsel) Greg Craig regarding Kagan's lack of known views on most issues, followed by the two full, unedited segments of the roundtable. Craig's inability to identify any specific views which Kagan has on the critical issues I asked about has been replicated by numerous other Kagan defenders:

(Part 2 of 2 - see first part below) What impact do the incredible salaries of superstars have on the rest of us? What has changed, technologically and socially, to precipitate these inequities? This article also offers a brief look at the relationship between income inequality and economic growth, comparing the US throughout its history and the US vis a vis several European countries.

As our brain sorts out of the thousands of bits of info it takes special note of those things your system of values and interest. We take note of those things that have been socially enriched objects and concepts

A challenge - if a healthy democracy means healthy governance, how do we make the democracy healthy?

Short profile of young marketing execs