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Eric J. Weiner

Entries by Eric J. Weiner

Gaddafi's Long Reach

(10) Comments | Posted March 24, 2011 | 7:30 PM

Regardless of how the Libyan revolt plays out, in the global economy the humanitarian crisis is just one deadly aspect of the fighting. Thousands have been killed and the fabric of society has been shredded in what has become a civil war. But to the nations of Europe that have...

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Why We Should Fear A China Crash

(0) Comments | Posted October 27, 2010 | 9:50 AM

The stock market's been on quite a roll lately, today's decline notwithstanding.

In October alone the Dow Jones Industrial Average has gained more than 300 points, or around three percent. The other major stock market indices are up similar amounts as well.

On Wall Street, the performance has...

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Beware: This "Fed Rally" Looks Like a Trap

(11) Comments | Posted October 13, 2010 | 4:12 PM

Happy days are here again!

Economists have declared that the recession's been over for more than a year. Last month, U.S. stocks experienced their best September performance since 1939. The Nasdaq index was up 12% for the month, while the Dow Jones Industrial Average gained nearly...

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Can Anyone Talk to China Anymore? Probably Not

(200) Comments | Posted October 6, 2010 | 2:27 PM

Can anyone talk to China anymore?

It's an increasingly important question for the United States and the rest of the world to ponder as the emerging giant asserts itself globally.

The House voted overwhelmingly last week to give President Obama sweeping authority to impose steep tariffs on Chinese...

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The Most Dangerous Myths About the Global Economy

(41) Comments | Posted October 5, 2010 | 5:24 PM

Having worked in financial news for more than 15 years I understand well why reporters and columnists regularly develop narrative arcs to explain complicated economic issues.

After all, these storylines often are the easiest way to get people to comprehend esoteric topics like gyrations in the global stock markets....

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Lockerbie Bomber Case Exposes the Money Gun in the Global Economy

(9) Comments | Posted October 1, 2010 | 3:31 PM

Once again our leaders in Washington are missing the point.

This week the Senate Foreign Relations Committee held hearings on Scotland's decision last August to free the convicted Lockerbie bomber, Abdel Basset Ali al-Megrahi. The hearing followed a fact-finding mission to Scotland by a Senate staffer that raised more questions...

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(19) Comments | Posted July 30, 2007 | 8:08 AM

Call me Kreskin.

Less than two weeks ago, as the Dow Jones Industrial Average was closing above 14,000 for the first time ever, I wrote an op-ed for the Los Angeles Times designed to offer some historical perspective on the auspicious occasion and bring a little needed skepticism to the...

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What The Hell Happened To Tom Friedman?

(38) Comments | Posted April 26, 2007 | 10:32 PM

Tom Friedman almost caused a fistfight at my supper table a few weeks ago.

No, I wasn't dining with the celebrated author and New York Times columnist, just my brother and his girlfriend. But during the after-dinner conversation I did share my view that based on Friedman's enthusiastic support for...

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Say What You Will About 9/11, But Don't Piss On The Reagans

(92) Comments | Posted September 7, 2006 | 11:20 AM

Here we are a few days before the fifth anniversary of the September 11 terrorist attacks, and ABC is preparing to air a mini-series purportedly based on the "9/11 Commission Report." But instead of simply focusing on the obvious intelligence failures that led to one of the most disastrous days...

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You Can Lead GM To Water, But You Can't Make It Drink

(14) Comments | Posted July 18, 2006 | 12:22 PM

Rick Wagoner, the chairman and CEO of General Motors, had a prime opportunity last week to help save his company and his country at the same time. Too bad for all of us he blew it.

Wagoner testified about the problems with America's health care system before the Senate Special...

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Hey NYT: Ford's Problem Is Pensions & Health Insurance

(44) Comments | Posted July 16, 2006 | 7:36 PM

Talk about missing the point completely.

The New York Times devoted parts of three pages in its Sunday Business section to a 3,500-word dissection of the problems at Ford, yet amazingly failed to mention even once the words at the heart of the auto industry's troubles: pensions and health...

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Who's the Business Roundtable Trying to Fool?

(19) Comments | Posted July 6, 2006 | 1:23 AM

When you're digging for facts these days it's a good idea to check who paid for the figures you're looking at before taking them seriously.

A case in point would be a new batch of research on CEO pay published by the Business Roundtable and trumpeted on page...

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The Craziest F'n Baseball Story You'll Read This Year

(73) Comments | Posted June 8, 2006 | 12:04 PM

They say pitching wins baseball games. But if you ask the Colorado Rockies, accepting Jesus Christ may be more important.

The Rockies, perennial also-rans in the National League, have been one of the surprises of this young baseball season with their relatively competitive play. So last week, the team's management...

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The Economy Goes Boom While America Goes Bust

(77) Comments | Posted May 9, 2006 | 6:06 PM

The numbers don't lie. Our economy is cranking right now.

The trouble is it doesn't remotely feel like it to many Americans. And if we don't do something about that dichotomy very soon we're going to create an economic underclass that will expose the cruel lie in our "blessed"...

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No Health Insurance: It's Not Just for the Poor Anymore

(16) Comments | Posted May 3, 2006 | 9:31 AM

Not too long ago if you were a middle class American you could feel secure in the knowledge that although healthcare costs were rising, as long as you held a steady paying job you wouldn't have to face the daunting prospect of living in this country without health insurance.


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Mitt Romney's Unfortunate Analogy

(40) Comments | Posted April 7, 2006 | 2:08 AM

"Driving is privilege, not a right."

It's likely the first thing you remember hearing in your high school drivers' ed class. And it's meant as a warning. You'd better be a safe driver, because if you screw around that privilege will be taken away.

So when I heard Massachusetts Governor...

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Someone Send Howard Kurtz to a War Zone Immediately

(25) Comments | Posted April 3, 2006 | 2:36 PM

Okay, this is just nuts.

As I pointed out in an earlier post, after journalist Jill Carroll was released late last week Washington Post media columnist Howard Kurtz wrongheadedly questioned her first interview, which was taped by Iraqis before she was handed over to U.S. forces, and lent...

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Forget Imus, Howard Kurtz Owes Jill Carroll a Huge Apology

(37) Comments | Posted April 2, 2006 | 11:39 PM

Typically the only crime against humanity committed on "Imus in the Morning" is painfully unfunny dialogue.

But after journalist Jill Carroll was freed from captivity in Iraq late last week, the show obliterated the line between lame attempts at humor and truly dangerous stupidity.

From the moment Carroll was...

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Doris Kearns Goodwin: World's Most Decorated Plagiarist

(68) Comments | Posted March 29, 2006 | 7:47 PM

Kudos to the good people at the New York Historical Society for looking beyond the past sins of plagiarism committed by Doris Kearns Goodwin and bestowing on the prolific celebrity historian a prestigious award and $50,000 prize in honor of her recent biography of Abe Lincoln, "Team of Rivals."


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It's Time to Stop the Media's Republican Affirmative Action Program

(24) Comments | Posted March 28, 2006 | 2:48 PM

Ben Domenech's rapid resignation last week from the Washington Post's Republican blog, Red America, amid accusations of plagiarism is one more sign that major media outlets have to reconsider their Republican affirmative action programs.

I know it's pretty hilarious to think about right-wingers pushing FOR affirmative action, but how...

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