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You know it's bad when a European gets America more than Obama does. Thomas Straubhaar describes, in the German paper Der Spiegel, just how bad the economy is in the United States with the high short-term and long-term unemployment and heavily indebted state and city governments. How do we fix it? Thomas writes it's not the European way that will fix things but the same way we became a great and powerful country. The Obama administration and the Federal Reserve want to fix the United States economy by spending more money. But while that approach might work for Europe, it...
Published on Saturday 4th of September 2010 03:49:26 AM
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Posted by admin! / Under Europe
NYON, Switzerland – UEFA has banned fans from bringing vuvuzelas into stadiums for European Championship and Champions League matches. UEFA said Wednesday it wanted to protect the culture and tradition of fans singing at European soccer matches from the "negative effect" of the South African plastic trumpets made famous — and notorious — at the World Cup. "UEFA feels that the instrument's widespread use would not be appropriate in Europe," the organization said in a statement. All 53 European soccer nations have been told to enforce the ban at UEFA's national team and club competition matches. Vuvuzelas provided the World...
Published on Saturday 4th of September 2010 03:49:26 AM
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Posted by admin! / Under Europe
I must have missed the memo! You know, the memo about the "New Normal" set of economic conditions. All along, I thought we were in a recession, or at least a very uncertain and slow growth set of economic conditions. And, I believed it was the objective to emerge from the malaise in which we have found ourselves. Reading the words of wisdom from the economic guru's, especially those who are left leaning, we are told the miserable economic growth rates of 1.5% and unemployment numbers of 9.5%, are not trouble, but a "New Normal". Nice and tidy, and it...
Published on Saturday 4th of September 2010 03:49:26 AM
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Posted by admin! / Under Europe
Britain can benefit more from Benedict XVI's visit... ... if it appreciates that the Pope is one of the most insightful observers and honest critics of secularism and modernity. George Weigel explains in this piece for Standpoint magazine, highlighting Ratzinger's dialogues with Marcello Pera (Without Roots) and Jürgen Habermas ( The Dialectics of Secularization: On Reason and Religion): If his 2004 debate with Habermas and his lecture to the Italian Senate three months later give us, in capsule form, Ratzinger's analysis of Europe's cultural condition today, what role does he envisage for the Catholic Church in helping repair the damage...
Published on Saturday 4th of September 2010 03:49:26 AM
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Posted by admin! / Under Europe
I've been to America. People were great. It's so silly when Europeans go to America and come back with a lot of silly critique. Why should we? It's so immature and nothing good could ever come from it. Yes, we all know Barcelona and London are so impressive, but what do we really understand? To begin with, NYC doesn't really represent all of America. Ask the people who live in USA. Paris, London, Stockholm, Berlin and LA are great parts of the Earth, yes, but coming from such cities we should also know how to respect foreigners better. Shouldn't we?...
Published on Saturday 4th of September 2010 03:49:26 AM
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Posted by admin! / Under Europe
Two dozen members of an association to abolish the monarchy were settled around a table in a spacious apartment in the north end of the capital when someone in the back of the room muttered, “Two hundred years since the French Revolution, and still we have a king.” == Indeed, so fast has membership in the Swedish Republican Association grown in recent months, rising to more than 7,300 from 2,500 one year ago, .... ==snip== “Support for monarchy is falling across Europe,” said Mona Abou-Jeib Broshammar, the association’s secretary general. == Born in Lebanon to a Syrian father and Swedish...
Published on Saturday 4th of September 2010 03:49:26 AM
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Posted by admin! / Under Europe
A sweeping and blunt proposal by French President Nicolas Sarkozy to strip French citizenship from persons of foreign origin who endanger police is bringing storms of protest by minority groups and the opposition who accuse the president of a new low in playing the race and ethnic card to appeal to the French far right. A sweeping and blunt proposal by French President Nicolas Sarkozy to strip French citizenship from persons of foreign origin who endanger police is bringing storms of protest by minority groups and the opposition who accuse the president of a new low in playing the race...
Published on Saturday 4th of September 2010 03:49:26 AM
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Posted by admin! / Under Europe
Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles in recent months. It was the 114th U.S. bank to fail this year. The Federal Deposit Insurance Corp. took over ShoreBank, with $2.16 billion in assets and $1.54 billion in deposits. Urban Partnership Bank, a new institution comprised of several big Wall Street banks and a private foundation, agreed to assume ShoreBank's deposits and nearly all its assets... In an unusual move, the FDIC allowed some of ShoreBank's executives to continue running the restructured bank......
Published on Saturday 4th of September 2010 03:49:26 AM
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Posted by admin! / Under Europe
U.S. role in Poland shrinking By David Frum, CNN Contributor August 16, 2010 -- Updated 1643 GMT (0043 HKT) Editor's note: David Frum writes a weekly column for CNN.com. A special assistant to President George W. Bush in 2001-02, he is the author of six books, including "Comeback: Conservatism That Can Win Again," and is the editor of FrumForum. Bydgoszcz, Poland (CNN) -- I first visited Poland in 1990, just after the end of communist rule. Back then, the United States meant everything to people here: freedom, protection, opportunity, hope. I worked for The Wall Street Journal at the time....
Published on Saturday 4th of September 2010 03:49:26 AM
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Posted by admin! / Under Europe
Green Protectionism By James M. Roberts Wednesday, August 11, 2010 European policy makers and environmental groups want to restrict imports—but not in order to save the planet. A recent article in the New York Times featured unsubstantiated accusations by Greenpeace that Indonesian pulp, paper, and palm oil conglomerate Sinar Mas is “secretly planning a massive expansion of pulp mills and cutting down essential forests, including habitats for endangered tigers.” Alleging serious ecological harm, Greenpeace—along with the World Wildlife Fund, Friends of the Earth, and the Rainforest Action Network—is advocating trade restrictions on these products from Indonesia. This attack on Indonesia’s...
Published on Saturday 4th of September 2010 03:49:26 AM
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