Raymond Davis, an American who shot and killed two men in Lahore, Pakistan, under disputed circumstances, has just been revealed to be a CIA contractor. What a mess. And it’s a mess that makes me reflect on when I lived in Lahore, in the late 1980s.
Dictatorship is under siege throughout the Arab world: fingers are crossed that democracy will prevail. Something else is under siege, too — the notion of family rule. This is among the oldest, and most harmful, concepts in human society. Is it about to vanish at last?
In all respects save employment numbers, the United States economy is back to normal. Real growth in 2010 was 2.9 percent — not spectacular, but any developed nation would take that figure. The adjusted U.S. GDP just rose back above its prior peak of late 2007 — meaning U.S. economic output has never been higher than right now. Sales numbers are good across most industries, corporations are sitting on ample cash, banking and equity liquidity is fine, no primary resource is scarce and the index of Standard & Poor’s 500 earnings per share is at an all-time high.
Egyptian president Hosni Mubarak has announced he will not stand for reelection in the fall, Reports are that Egyptian president Hosni Mubarak will not stand for reelection in the fall, and one reason for Mubarak’s decision is that President Barack Obama privately urged this course.