This week, last year's Arab Spring blossomed into the first Egyptian presidential election since the fall of Mubarak; private space travel hit the stratosphere, with SpaceX's Dragon capsule's arrival at the International Space Station; the Group of Eight agreed that focusing on harsh austerity instead of growth isn't working but then couldn't agree on a suitable approach -- pushing Greece ever closer to leaving the euro zone; Colin Powell mocked Mitt Romney's assessment of Russia as America's "number one geopolitical foe;" and the Pope's butler scandal shocked the world with the revelation that... the Pope has a butler. Finally, this Memorial Day weekend, be sure to check out this slideshow on ways to honor America's vets and military families.
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Why was this considered dramatic breaking news? SO MANY gravely serious problems continue, UNCHECKED, to plague our Nation & our World; serious problems that harm regular work-a-day people like me. The Pope article was a very odd choice for...breaking news! I questioned HuffPo why/whether it was News......Hmmmmm.
Much is still 'out-of whack' in our Nation; but I am beginning to sense our Leaders have simply 'checked out'. I think We the Citizens of the USA may be on our own: It's a nerve-rattling feeling. I see no [innovative & progressive] work being accomplished to FIX our Nation & our Economy. Perhaps Our Leaders are at a loss? don't understand?
Thanks, Arianna! for 'Cutting to the Chase'!
Why did LTC Arthur Stang, a special forces well known officer who commanded the 1/17 not need any help?
Was Affirmative Action his ticket and Obama's. Please we need strong men who do not play race cards and do not create race riots.
ahh!! this was great...love it!
The facts are not in dispute, but the language was extremely telling. Mr. Will described the subsidy of Solyndra as the act of a "Police State", taking money from the rich to fund a project for the good of the society.
However, it was acceptable for Bain (Romney's Company) to bankrupt operations in our country, and kill jobs, as long as they resulted in profits for the shareholders, as long it was consented by the elite.
Think about that.
We have a day to honor those of us who are still alive. It's called Veterans Day.
Memorial Day is to honor those who have given their lives in service to our country. As in "in memorial" to, or in memory of.
A very concerned citizen.
Jeanne
The NIH does basic research. The privately-held pharmas 'benefit' from tax-payer funding, crafting and selling the drugs that arise from the research. The pharmas create jobs. The citizenry gets healthier. We all benefit.
The DOT builds the roads. Freight companies 'benefit' from tax-payer funding through the more efficient transportation network, making it easier to bring products to market. Freight companies pay road and fuel taxes. We get out-of-season produce on our tables. We all benefit.
Government primes the pump. Always has, always will. The result? Jobs and better lives for us all - and tax revenue that would not have been realized had private industry not taken over carrying the load.
In regard to your indecorous personal comment: I'm on planet earth. I think that you are here also, but operating in a shallow alternate universe.
Elsewhere over the pond a gambit to double down on spending when little austerity has actually occurred outside of Greece and rhetoric have the politicians are sending out another Crème Brulee and Sauternes, far past everyone’s bedtime, and putting it on the tab. Again.
The countries doing the best are the ones that renegotiated with labor, and put a cap on spending. Germany and the UK. Sure the UK is “technically” in a slight double dip, but -.5% growth is nothing compared to the sustained -5 and -10% GDP from the spenders. Taking medicine instead of the crack called debt is the cure.
The spenders are not even discussing what the outcome should be. That’s addiction. Is it a Germany style rebound? Who knows? Gambit only work when the board is full of options. France is looking at a government that is 57% of the economy. 43% of the economy paying for 57% plus the debt burden?
The fallacy of Keynes, in the modern era. A net positive multiplier has never been achieved when accounting for long term debt.
Today the private sector will not take the risk to create new products and services because of government uncertainty and mismanagement. We are at a standstill and standoff. Eventually we will need to privatize parts of government to get out of this. You heard it here first.
Spending must create sustainable value. And only the private sector can do that.