If the West fails to mend its ways it will be like a mammoth tanker that is no longer able to change course. Under such conditions only a much bigger and deeper crisis can force countries to act differently. Yet by then they will no longer have a safety net to cushion the blow and spread the pain.
Although the Democrats and the Republicans have yet to hold their late summer conventions, the 2012 race for the presidency is clearly in full gear. We are now coming to the end of a brutalizing Republican Primary-Caucus season - beginning back in the freezing corn fields of Iowa.
No.But since you asked, and for those of you are not that interested but want to sound like you have been reading the Washington Post everyday, then here is a summary as to why he wont win in ten easy steps...
The merits of Obamacare, how to fix the economy, taxing the super rich, cutting the deficit, balancing the budget. Let's face it does anyone really listen to what the candidates are saying on these issues anymore? The Republicans hate Obama but right now they hate each other too and without a front runner, all of the candidates and issues are just turning into one homogenous political advert of bitterness and hate.
The GOP or Grand Old Party is trying to re-invent itself by combining the Tea Party Movement, the Libertarians, the Religious Right and the establishment wing of the party into one big "Happy Family".
As in my last blog "An Open Letter To Republicans" where I told them that they better get used to Mitt Romney -- here is my advice to you Democrats... Hold your nose and swallow hard Obama is your man!
America as an epicenter of political and economic prowess has always been a fascinating case study. With a population of
The 2012 election will probably see Obama reelected mainly because there's no decent candidate to stand against him. Yet, the outcome will also indicate how sophisticated, unsophisticated or desperate the electorate is.
To prevent a default at the eleventh hour Obama may have relinquished the last arrow in his political quiver by agreeing to deep cuts in government spending which some economists believe might jeopardise this fragile recovery.
The American national debt is extravagant, so vast as to be almost unimaginable. Everyone agrees that something must give and at this point, Republicans and Democrats face two options: raising taxes or cutting public programs.