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James Bacchus

Entries by James Bacchus

Where Is Hamilton When Europe Needs Him?

(5) Comments | Posted December 9, 2011 | 11:01 AM

European leaders are summiting yet again in their ongoing search for an end to their seemingly endless sovereign debt crisis. For more than two years now, they have been trying to cobble together a continental consensus among the 17 countries in the euro zone and the 10 other member states...

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Export Drop Shows Need for New Trade Strategy

(19) Comments | Posted August 26, 2011 | 6:32 PM

Turning up the heat a little more in this long hot summer of our national discontent is the news that American exports are declining. This unexpected and decidedly unwelcome decline threatens the achievement of President Obama's ambitious goal of doubling U.S. exports by 2015 to create two million new jobs.

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Indonesian Forest Plan May Be Breakthrough on Climate Change

(6) Comments | Posted May 24, 2011 | 5:30 PM

While a majority of the United States House of Representatives continues to hinder U.S. climate actions nationally and internationally by denying that climate change is real and man-made, other countries continue to work together to try to stop it. They have now achieved what may...

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Can We Still See and Serve Our True National Self-Interest?

(0) Comments | Posted March 24, 2011 | 6:31 PM

The biggest threat to America's future is not foreign competition. It is the political paralysis that keeps us from rising to the challenge of foreign competition.

There are many sources of this paralysis. Judicial decisions ban limits on political spending. Gerrymandering disenfranchises the political center while empowering...

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Chinese Drought Could Cause Global Food Crisis

(3) Comments | Posted March 16, 2011 | 3:34 PM

A world kept busy lately watching, first, the revolts in the Middle East, and now, the tragic aftermath of the tsunami in Japan, should keep an eye too on the weather in China, where widespread drought may soon make the emerging global crisis over rising food prices much worse...

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US and China Should Cooperate to Create Green Space for Environmental Subsidies in the WTO

(2) Comments | Posted January 14, 2011 | 9:46 AM

One item that should be on the menu for discussion between President Barack Obama and Chinese President Hu Jintao at their state dinner in the White House is the way the United States and China are both spending ever-rising sums subsidizing the development of their renewable energy and other green...

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Is Progress Still Possible in This Heat?

(4) Comments | Posted August 3, 2010 | 3:26 PM

Summer steam rises over Washington. Hot days and hot air. Climate change both environmental and political. Wilting hopes for legislation to address global warming have succumbed to the record heat.

As my former colleagues in the Congress swelter on Capitol Hill, as they strive to save our republic by reforming...

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Obama Must Discover the WTO

(6) Comments | Posted July 23, 2010 | 12:08 PM

None too soon, President Barack Obama seems to have discovered that one of the best ways to create jobs and growth is through more world trade. To create the most jobs and the most growth through trade, he must also discover the World Trade Organization.

The President of the United...

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Global Finance Proposal Threatens Trade Finance

(0) Comments | Posted May 25, 2010 | 11:58 AM

Financial diplomats are right in seeking tougher capital requirements for the world's banks. But they must be careful to keep any new standards from shrinking trade finance.

The Basel Committee on Banking Supervision ― which sets global standards for banking oversight ― is busy at work in Basel,...

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Don't Let Financial Reform Politicize the Fed

(8) Comments | Posted April 29, 2010 | 2:43 PM

Members of Congress have done such a great job lately on fiscal policy. Why not put them in charge of monetary policy, too?

Maintaining the independence of the Federal Reserve is crucial to keeping inflation low and ensuring economic stability. Congressional interference with the independent decisions...

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US Risks Becoming Economic Afterthought in Latin America

(5) Comments | Posted April 14, 2010 | 11:41 AM

The United States risks becoming an afterthought in much that is unfolding commercially in Latin America.

This was all too evident last week in Colombia, where Colombian President Alvaro Uribe Velez spoke about the economic future of his country for nearly an hour to a global business gathering...

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Brazil Tests Obama Commitment to Trade Enforcement

(2) Comments | Posted March 23, 2010 | 3:48 PM

On international trade, the Obama Administration has stressed, more than anything else, the need for enforcement.

Brazil has now given the President and his trade advisers the perfect opportunity to prove they mean what they say about enforcing trade law.

With the authorization of the World Trade Organization, the Brazilian...

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Obama's Plan for NASA and Reaffirming Our Commitment to Space Exploration

(28) Comments | Posted February 9, 2010 | 10:32 AM

The current mission of the space shuttle Endeavour will complete the last unfinished part of the International Space Station. With only four more shuttle launches remaining before the retirement of the shuttle fleet at yearend, the latest launch heralds the approaching end of an era for American space exploration.


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