NewsTrust - Global Economy - Most Recent Stories: Opinion

Afghanistan and the "Other" Vietnam War

Sat, 14 Nov 2009 00:00:00 -0800

TruthOut - By Dallas Darling - Nov. 14 (Opinion) - . As the war dragged on, some personal aides claimed Johnson was never more ecstatic over Vietnam than when pledging to send billions of dollars to help toward construction and agricultural projects and the economic growth of Southeast Asia and the Mekong River region.(1)

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Europeanization Of America

Fri, 13 Nov 2009 00:00:00 -0800

Forbes - By Bruce Bartlett - Nov. 13 (Opinion) - Would it really be so bad?

NewsTrust Rating: 3.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Too Big to Fail - Too Big to Exist -

Fri, 06 Nov 2009 00:00:00 -0800

senate.gov - By Senator Bernie Sanders - Nov. 06 (Statement) - Senator Bernie Sanders introduced legislation that would break up financial institutions that are too big to fail. "If an institution is too big to fail, it is too big to exist," Sanders said. "We should break them up so they are no longer in a position to bring down the entire economy. We should end the concentration of ownership that has resulted in just four huge financial institutions holding half the mortgages in America, controlling two-thirds of the credit cards, and amassing 40 percent of all deposits."

NewsTrust Rating: 4.7 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Our Free Market Makes Economic Collapse Inevitable

Mon, 02 Nov 2009 00:00:00 -0800

Bill Moyers Journal - By Bill Moyers, James Galbraith - Nov. 02 (Interview) - The headlines are trumpeting recovery — some are even proclaiming an end to the recession in the United States (unofficially, that is). The US economy grew in the third quarter for the first time in a year. But there are some caveats — although jobless claims dipped slightly, many analysts still warn of a "jobless recovery." for a number of years to come. And then there's the small print — will this recovery be permanent or is it a function of the stimulus masking bigger problems? The Wall Street Journal warned: "The recovery thus far has been heavily supported by federal money, casting a question mark over the economy's underlying strength as government support dwindles." That unease is echoed by JOURNAL guest James K. Galbraith

NewsTrust Rating: 3.7 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

China leaving US behind in green energy

Thu, 22 Oct 2009 00:00:00 -0700

Boston Globe - By Joan Fitzgerald - Oct. 22 (Opinion) - Though aspects of it may violate the WTO, China has a coherent industrial policy to capture global leadership, while US initiatives are fragmented. China recognized that the real economic development potential in renewable energy is in manufacturing, which comprises 70 -75 percent of the jobs in solar, and now has more than 100 solar companies that account for one-third of global solar component production.

NewsTrust Rating: 3.5 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The New Untouchables

Wed, 21 Oct 2009 00:00:00 -0700

New York Times - By Thomas L. Friedman - Oct. 21 (Opinion) - Those who create services, opportunities and ways to recruit work can compete on the world market. That is the key to understanding our education challenge today.

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Beyond GDP: We need a dashboard for the whole economy

Wed, 21 Oct 2009 00:00:00 -0700

New Scientist - Oct. 21 (Editorial) - From stock markets to measuring GDP, conventional economics is in a mess.

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

America's soul is lost, collapse inevitable

Tue, 20 Oct 2009 00:00:00 -0700

MarketWatch - By Paul B. Farrell - Oct. 20 (Opinion) - Jack Bogle published "The Battle for the Soul of Capitalism" four years ago. The battle's over. The sequel should be titled: "Capitalism Died a Lost Soul." Worse, we've lost "America's Soul." And worldwide the consequences will be catastrophic. That's why a man like Hong Kong's contrarian economist Marc Faber warns in his Doom, Boom & Gloom Report: "The future will be a total disaster, with a collapse of our capitalistic system as we know it today."

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Slovenian Philosopher Slavoj Zizek on Capitalism, Healthcare, Latin American "Populism" and the "Farcical" Financial Crisis

Thu, 15 Oct 2009 00:00:00 -0700

Democracy Now - Oct. 15 (Interview) - Zizek’s latest offering also excerpted in the October issue of Harper"s magazine opens with the words: “The only truly surprising thing about the 2008 financial meltdown is how easily the idea was accepted that its happening was unpredictable.” He goes on to recall how the demonstrations against the IMF and the World Bank over the past decade all protested the ways in which banks were playing with money and warned of an impending crash. They were met with tear-gas and mass arrests. The message, he writes, was “loud and clear, and the police were used to literally stifle the truth.”

NewsTrust Rating: 3.9 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

A Heroine of ’Capitalism’

Wed, 07 Oct 2009 00:00:00 -0700

Washington Post - By Lois Romano - Oct. 07 (Interview) - Elizabeth Warren is far from a household name, but that could change quickly, given her debut on the big screen this week in Michael Moore’s scathing assessment of the government’s handling of the banking crisis.

NewsTrust Rating: 4.4 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Acting Like a Bunch of Christies

Wed, 07 Oct 2009 00:00:00 -0700

American Spectator - By Peter Ferrara - Oct. 07 - Acting Like a Bunch of Christies

NewsTrust Rating: 1.4 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Les Leopold: The Forbes 400 Shows Why Our Nation Is Falling Apart

Thu, 01 Oct 2009 00:00:00 -0700

Huffington Post - By Les Leopold - Oct. 01 (Opinion) - It's great to know that during the worst economic crisis since the Great Depression, the wealth of the 400 richest Americans, according to Forbes, actually increased by $30 billion.

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Freedom From Foreign Oil

Thu, 01 Oct 2009 00:00:00 -0700

American Spectator - By R. Emmett Tyrrell, Jr. - Oct. 01 - Freedom From Foreign Oil

NewsTrust Rating: 2.6 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Can Obama Save the Global Economy (and Globalization) at the G-20?

Fri, 25 Sep 2009 00:00:00 -0700

Esquire - By Thomas P.M. Barnett - Sep. 25 (Opinion) - What does this "rebalancing" play from Washington amount to? In a nutshell, a near-term future in which America consumes less and China consumes a helluva lot more. But Obama's "framework" also promises diplomatic cover for all sides in this rebalancing process by empowering the International Monetary Fund to monitor G-20 member pledges and flag them for consultations if voluntary targets aren't being met. Since sanctions never work (even if Dmitri Medvedev and the West Wing think they're inevitable), this transparent approach is considered ideal — in effect, a multilateral version of the shaming technique historically employed by the IMF (and by the U.S. against mercantilist Japan in years past).

NewsTrust Rating: 3.8 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Obama urges 'global reponse'

Wed, 23 Sep 2009 00:00:00 -0700

CNN - By Barack Obama - Sep. 23 (Speech) - President Obama urges the United Nations to help with a global response to the challenges that face the world.

NewsTrust Rating: 3.4 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

G20: The two sides of the global economy

Wed, 23 Sep 2009 00:00:00 -0700

GlobalPost - By Thomas Mucha - Sep. 23 (Opinion) - As G20 leaders snake their way to Pittsburgh from all corners, they face very different circumstances from 12 months ago when the possibility of financial and economic catastrophe was all too real.

NewsTrust Rating: 3.3 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

China gets serious about carbon emissions, global warming

Wed, 23 Sep 2009 06:39:34 -0700

Christian Science Monitor - Sep. 23 - Globe and MailChina gets serious about carbon emissions, global warmingChristian Science MonitorAt UN, China's Hu Jintao commits to measurable limits on carbon emissions for the first time. Chinese environmental activists hail the shift toward low-carbon technology. By Peter Ford | Staff writer of The Christian Science Monitor Beijing - The ...Obama to world: Don't expect America to fix it allThe Associated PressChina's green policy lauded at UN climate summitXinhuaObama to address world at UNAFPWashington Post?-Bloomberg?-Telegraph.co.ukall 1,798 news articles??

NewsTrust Rating: 2.9 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Obstacles to a climate change agreement in Copenhagen

Wed, 23 Sep 2009 00:00:00 -0700

Worldfocus - By Daljit Dhaliwal, Kumi Naidoo - Sep. 23 (Interview) - Interview with Kumi Naidoo, future executive director of Greenpeace International, about the major obstacles to getting an agreement in Copenhagen. World leaders gathered at the United Nations on Tuesday to discuss the global environment, with the aim of generating momentum ahead of talks this December in Copenhagen, where nations will try to agree on a new treaty to reduce greenhouse gasses. Secretary-General Ban Ki-moon said failure to reach broad agreement would be morally inexcusable. U.S. President Barack Obama said the threat is urgent and growing. And China’s president said his country will continue to take “determined” action.

NewsTrust Rating: 3.4 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Copenhagen or bust

Tue, 22 Sep 2009 00:00:00 -0700

Newsweek - By Gordon Brown - Sep. 22 (Opinion) - If we miss this opportunity, there will be no second chance sometime in the future, no later way to undo the catastrophic damage to the environment we will cause. So when world leaders gather this week, first at the United Nations in New York and then at the G20 summit in Pittsburgh, it is essential that we move toward resolving the issues that still divide our nations. As scientists spell out the mounting evidence both of the climate change already occurring and of the threat it poses in the future, we cannot allow the negotiations to run out of time simply for lack of attention. Failure would be unforgivable.

NewsTrust Rating: 3.8 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Chinese Exceptionalism

Tue, 22 Sep 2009 00:00:00 -0700

New York Times - By Philip Bowring - Sep. 22 (Opinion) - Many countries, with China the most vociferous, wish for a more balanced world in which other currencies play significant roles in trade finance, capital flows and exchange reserves. But while the cries against U.S. privileges ring out loud and clear, scant notice is taken of the exceptionalism successfully pursued by China.

NewsTrust Rating: 3.5 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Alternatives Are Simply too expensive

Tue, 22 Sep 2009 00:00:00 -0700

Wall Street Journal - By Stephen F. Hayward - Sep. 22 (Opinion) - The U.S. and Western Europe can point to a remarkable achievement over the past 40 years: significant reductions in air pollution with only a modest effect on our economic growth and prosperity. So, why can't we expect to do the same with greenhouse-gas emissions?

NewsTrust Rating: 2.5 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Barack Obama Must See Michael Moore's New Movie

Mon, 21 Sep 2009 00:00:00 -0700

Huffington Post - By Arianna Huffington - Sep. 21 (Review) - Michael Moore has always had a remarkable feel for targeting the zeitgeist. He's done it again with his new movie, Capitalism: A Love Story, a withering indictment of the current economic order that brilliantly navigates a cinematic tightrope, alternating between heart-wrenching portraits of the suffering caused by the economic crisis and

NewsTrust Rating: 4.1 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Transition Can Be Gradual—and Affordable

Mon, 21 Sep 2009 00:00:00 -0700

Wall Street Journal - By Robert N. Stavins - Sep. 21 (Opinion) - The world is facing a potential catastrophe from greenhouse-gas emissions. But nations don't have to wreck their economies to avert the crisis.

NewsTrust Rating: 4.0 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Climate change's cold reality

Mon, 21 Sep 2009 00:00:00 -0700

The Guardian - By Muhammad Cohen - Sep. 21 (Opinion) - Developing countries will account for an estimated two-thirds to three-fourths of greenhouse gas increases over the next decade, yet nothing in the Copenhagen agreement will even slow that trend. Industrialised countries simply must hope – and pay an estimated $140bn annually – for developing countries to pursue green policies.

NewsTrust Rating: 3.4 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Climate Change: A Perilous Path

Mon, 21 Sep 2009 00:00:00 -0700

Forbes - By Bjorn Lomborg - Sep. 21 (Opinion) - Evidence is growing that relatively cheap policies like climate engineering and non-carbon energy research could effectively prevent suffering from global warming, both in the short and long term. Unfortunately, political leaders gathering at a special meeting of the United Nations in New York this week will focus on a very different response.

NewsTrust Rating: 3.2 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer