Since the inception of Operation Odyssey Dawn, the United States and its allies have half-heartedly executed military intervention operations against the Qaddafi regime. Numerous nation states immediately signed on with this operation pressuring the United States to eventually commit. This
by Kerry Patton6 Aug 2011, 8:17 PM PST0
Politicians scrambled to lie and point fingers, as they tried to figure out how to make sure that someone else was blamed for the plunge on world markets on Thursday. It was a truly vomit-inducing spectacle. Jose Manuel Barroso On
by John J. Xenakis5 Aug 2011, 9:21 AM PST0
From AFP: US debt shot up $238 billion to reach 100 percent of gross domestic project after the government’s debt ceiling was lifted, Treasury figures showed Wednesday. Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed
by Publius3 Aug 2011, 8:43 PM PST0
Mainstream economists and analysts expected the stock market to rise on Tuesday, after the uncertainty about raising the debt ceiling was resolved by a bill passed by Congress. Instead, stocks on Wall Street fell 2%. As usual, mainstream economists were
by John J. Xenakis3 Aug 2011, 2:38 PM PST0
Winston Churchill warned; “An appeaser is one who feeds a crocodile, hoping it will eat him last”. Churchill would understand the dynamics of the European and American sovereign debt crisis. Modern warfare is not about a blitzkrieg of panzers, dive-bombers,
by Chriss W. Street1 Aug 2011, 12:38 PM PST0
On a story posted at 6:04 am on Friday morning, the Washington Post said, “The consensus forecast of economists surveyed by Bloomberg is that GDP rose at a 1.8 percent annual rate in the second quarter [from april to June],
by John J. Xenakis30 Jul 2011, 2:34 PM PST0
European leaders have long expressed confidence that the US would find a resolution to its ongoing debt impasse. But now there is growing concern that it won’t, according to Spiegel. German Finance Minister Wolfgang Schäuble says, “Everyone in the US
by John J. Xenakis29 Jul 2011, 2:18 PM PST0
This morning’s key headlines from GenerationalDynamics.com. Israel considers revoking the 1993 Oslo accords Israeli Prime Minister Yitzhak Rabin and PLO chairman Yasser Arafat signing the Oslo Accords in 1993 (Reuters) Israel’s National Security Council is discussing the option of revoking
by John J. Xenakis26 Jul 2011, 5:22 AM PST0
Almost lost in official Washington’s preoccupation with the partisan slug-fest over raising the debt ceiling and reducing the deficit was the despicable, murderous attack in Norway on Friday. Unfortunately, such inattention increases the likelihood that the wrong lessons will be
by Frank J. Gaffney, Jr.25 Jul 2011, 9:55 AM PST0
I loathe when American conservatives define themselves as “right wing” anything, even in jest — just as I loathe when the liberal press uses it as identification for American conservatives — because it is an inaccurate use of the term.
by Dana Loesch23 Jul 2011, 3:08 PM PST0
Part of Adonis G.B.’s body hanging from the landing gear Last week an Iberia Airliner left Havana, landed in Madrid and found an obviously desperate Cuban stowaway. The 23 year old Cuban man named Adonis G.B. was curled in the
by Humberto Fontova17 Jul 2011, 2:08 PM PST0
This morning’s key headlines from GenerationalDynamics.com. EU president calls emergency summit for Thursday Greece 2yr (33.1%), Italy 10yr (5.8%), 7/15/2011 It’s been another chaotic week for the European Union finance ministers, as the debt crisis has measurably worsened every day.
by John J. Xenakis16 Jul 2011, 5:54 AM PST0
[audio: http://newledger.com/podcasts/CoffeeandMarkets071511.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the possibility of QE3, Italy, and the latest on the debt ceiling
by The New Ledger15 Jul 2011, 8:35 AM PST0
European Union officials continue to be in a panic, after the Greek “contagion” spread to Italy this week. After Greece, Ireland and Portugal were forced in the last year to beg for bailouts just to survive, it now appears that
by John J. Xenakis13 Jul 2011, 4:41 PM PST0
This morning’s key headlines from GenerationalDynamics.com. China criticizes South China Sea drills in Mike Mullen’s visit China’s General Chen Bingde greets Admiral Mike Mullen in Beijing on Monday (Xinhua) In recent weeks, the United States has conducted joint naval exercises
by John J. Xenakis12 Jul 2011, 6:42 AM PST0
[audio: http://newledger.com/podcasts/CoffeeandMarkets071111.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the worsening debt crisis in Greece, it’s spread to Italy, and the
by The New Ledger11 Jul 2011, 9:47 AM PST0
This morning’s key headlines from GenerationalDynamics.com. Emergency EU meeting on Monday will discuss crisis in Italy Italy 10-year bond yields (Bloomberg) A sharp spike in Italy’s bond yields (interest rates) on Friday, combined with the fact that Italy has the
by John J. Xenakis11 Jul 2011, 7:27 AM PST0
Sometimes we wonder if what has become obvious to a majority of Americans really has eluded our ruling class in Washington. “We don’t have a precise read on why this slower pace of growth is persisting,” said Federal Reserve Chief
by Of Thee I Sing 177610 Jul 2011, 5:35 AM PST0
In 2005, someone asked me: “John, when can you ever be wrong? You’ve said that there’s going to be a financial crisis, but when it doesn’t occur, you just say that it hasn’t happened yet. So when can you ever
by John J. Xenakis8 Jul 2011, 2:01 PM PST0
Will the Fourth of July become a vanishing holiday? That thought came to mind when I read of a May 2011 study by Harvard academics titled “Shaping the Nation: Estimating the Impact of Fourth of July Using a Natural Experiment.”
by Elaine Donnelly4 Jul 2011, 10:25 AM PST0
From the Navy Times: “Air Force and Navy aircraft are still flying hundreds of strike missions over Libya despite the Obama administration’s claim that American forces are playing only a limited support role in the NATO operation. An Africa Command
by El Cid30 Jun 2011, 10:07 PM PST0
I believe that due to American Exceptionalism, the United States is on the verge of another dramatic period of economic growth. Our nation is far from perfect; but we learn from our mistakes, change dramatically, and move on. After three
by Chriss W. Street30 Jun 2011, 7:49 AM PST0
From Foreign Policy: The top U.S. admiral involved in the Libya war admitted to a U.S. congressman that NATO forces are trying to kill Libyan leader Muammar al-Qaddafi. The same admiral also said he anticipated the need for ground troops
by El Cid26 Jun 2011, 9:51 PM PST0
The notion that American taxpayers are about to subsidize another Greek bailout (via the Keystone Cops at the IMF) is way beyond economically foolish. It is also morally offensive. To turn Winston Churchill’s famous quote upside down: “Never have so
by Dan Mitchell26 Jun 2011, 8:37 AM PST0
Prime minister George Papandreou won a vote of confidence by a vote of 155 to 143 in Greece’s Parliament early Wednesday morning, after giving a passionate speech about the need to learn the lessons of previous wars and about the
by John J. Xenakis22 Jun 2011, 11:42 AM PST0