The Great Debate

Rumsfeld’s biggest unknown

By Joshua Spivak
February 15, 2011

USA-AFGHAN/TILLMANBy Joshua Spivak
The opinions expressed are his own.

The knives are out in Donald Rumsfeld’s new memoir, Known and Unknown. In defense of his long public service career and the war in Iraq and Afghanistan, the man who was both the youngest and oldest Defense Secretary clearly believes that a good offense is the best strategy.

from Bernd Debusmann:

In America, violence and guns forever

By Bernd Debusmann
January 16, 2011

Another American mass shooting. Another rush to buy more guns.

On the Monday after the latest of the bloody rampages that are part of American life, gun sales in Arizona shot up by more than 60 percent and rose by an average of five percent across the entire country. The figures come from the FBI and speak volumes about a gun culture that has long baffled much of the world.

Rahm and the ultimate dead-end job

By Joshua Spivak
October 18, 2010

OBAMA/By Joshua Spivak
The opinions expressed are his own.

Perplexed by Rahm Emanuel’s decision to quit as White House chief of staff, arguably the second most powerful political position in the country, in order to run for mayor of Chicago?

Fed can’t fix broken economy, politics

August 12, 2010

The Federal Reserve’s decision to move to a kind of quantitative neutrality is a tacit admission that it, or rather that the United States, is in a political bind that makes a bold response to a deteriorating economy difficult.

Cuba and twisted logic, double standards

By Bernd Debusmann
July 20, 2010

It is time for the United States to stop trading with China and ban Americans from travelling there. Why? Look at the U.S. Department of State’s most recent annual report on human rights around the world.

Michelle Obama is ready for Mexico prime-time

By Darrell M. West
April 13, 2010

west - 5-18 - morigi- Darrell M. West is Vice President and Director of Governance Studies at the Brookings Institution.  He is the author of the forthcoming Brookings Institution Press book, Brain Gain:  Rethinking U.S. Immigration Policy. The opinions expressed are his own -

Obama, politics and nuclear waste

By Bernd Debusmann
March 5, 2010

yucca

-Bernd Debusmann is a Reuters columnist. The opinions expressed are his own-

The project involved more than 2,500 scientists. It cost $ 10.5 billion between 1983 and 2009 and it included one of the most bizarre scientific tasks of all time: evaluate whether nuclear waste stored deep inside a Nevada desert mountain would be safe a million years into the future.

from MacroScope:

Political economy and the euro

February 8, 2010

The reality of  'political economy'  is something that irritates many economists -- the "purists", if you like. The political element is impossible to model;  it often flies in the face of  textbook economics;  and democratic decision-making and backroom horse trading can be notoriously difficult to predict and painfully slow.  And political economy is all pervasive in 2010 -- Barack Obama's proposals to rein in the banks is rooted in public outrage; reading China's monetary and currency policies is like Kremlinology; capital curbs being introduced in Brazil and elsewhere aim to prevent market overshoot; and British budgetary policies are becoming the political football ahead of this spring's UK election. The list is long, the outcomes uncertain, the market risk high.

There’s no way to hedge politics

January 26, 2010

Ben Bernanke in peril and the Volcker crackdown on proprietary trading by banks show two truths of the current dispensation: there is no effective hedge against politics and the reflation trade rests on fragile foundations.

Obama bank plan is good policy, good politics

January 22, 2010

– John Kemp is a Reuters columnist. The views expressed are his own –