Category Archives: Economy
Tear Down That Wall
There was something for everyone in Obama’s speech last week – a new brand for Israel, 1967 Classic, and a new work ethic for the rest of the Mideast.
Bobbing along with the president’s verbal flotsam of Egyptian debt relief, enterprise funds, and IMF / World Bank schemes was this proclamation:
“Prosperity also requires tearing down walls that stand in the way of progress -– the corruption of elites who steal from their people; the red tape that stops an idea from becoming a business;”
DSK OUT IMF
Bon vivant eurocrat, Dominique Strauss-Kahn (DSK), has stepped down from his post as managing director at the IMF. Abusing the economies of troubled countries from his current post at Rikers Island, where he stands accused of raping a hotel maid, must have proved too difficult.
DSK’s fall brings to mind the ousting of Paul Wolfowitz from leadership of the World Bank for his unprovoked attempt to bring accountability to that institution. Christopher Hitchens rehashes that one here in Slate.
Mitt ‘n Newt
Tea partiers were horrified to see up and coming Republican brain, Paul Ryan, cut down by deranged Republican brain, Newt Gingrich. Here’s a link to various views in The Week.
North Wind
While Americans were pre-occupied with bin Laden corpse management the Canadians held a bit of a revolution of their own. You can read about it in Macleans:
