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  • A Russian-Chinese Axis at the G-20?

    Earlier this week, Russia issued a radical call for the eventual replacement of the dollar as an international reserve currency, and its replacement by a new, fiat currency to be created by a global regulator. The prospects for agreement on this at the G-20 summit in April, to put it … More

    Global Financial Crisis=Minnow. Entitlements Crisis=Whale.

    That’s a bit of an exaggeration. No serious person can deny the importance of the global financial crisis. We can only hope that the U.S. and Britain don’t get swept away by its urgency and agree to a lot of European and Russian proposals that would make it worse, and … More

    In Britain’s NHS, A Death a Day Because the Doctor’s Away

    It’s another day, another failure, for Britain’s National Health Service. America has some prominent congressional advocates of a “single payer” system of national health insurance run by the government. They always promise high quality care at low cost. But, in fact, it always comes at a high price. Britons who … More

    Do You Smoke?: Twelve Easy Steps to Figuring Out

    Britain’s National Health Service is under fire, again, this time for the hideous conditions in the Mid Staffordshire NHS Foundation Trust that killed between 400 and 1200 patients in a three year period. As always, bad news encourages others to come forward. An anonymous NHS doctor has just leaked [1] … More

    What Russia Wants from the G-20: The End of the Dollar

    We know what the EU’s leaders want out of April’s meeting of the G-20 in London: lots of regulations to tie down Britain and the U.S. And we have a pretty good sense of what the outcome of the meeting will be: the Europeans will get what they want, and … More

    The Outlines of the G-20 Deal Emerge, And They’re Not Good

    In the run-up to the G-20 summit in London on April 2, a curious division has emerged. On one side stand the U.S. and Britain, both sounding like continental Europeans in their enthusiasm for deficit spending. On the other stand France and Germany, rejecting stimulus packages but eager to impose … More

    The Only Thing We Have To Fear Are Words Themselves

    In two months on the job, Janet Napolitano, the head of the Department of Homeland Security, has won the war on terror. How? By defining it away. In an interview with the German magazine Der Spiegel, she refers to her remarks at her own confirmation hearings in January: In my … More

    Physician, Heal Thyself

    Gordon Brown spoke today to a joint meeting of Congress. Did you notice? Well, exactly. There is one overwhelming reason to take him seriously: he is the Prime Minister of Great Britain. Unfortunately, there are also a lot of reasons not to take him seriously. For one, he is massively … More

    Brown’s Telling Gift to Obama

    Last month, President Obama returned a bronze bust of Winston Churchill that had, since 9/11, been on loan as a symbol of the Special Relationship from the British Government to the United States. When he arrived for his visit this week, Prime Minister Gordon Brown brought along a few replacements. … More

    Live Blogging Prime Minister Gordon Brown’s Address to the Joint Meeting of Congress

    Expectations for Prime Minister Gordon Brown’s address to the joint meeting of Congress this morning were low. His visit so far has been devoid of highlights. His joint press conference with Obama on Tuesday was canceled, supposedly because of the weather, which was a snub Tony Blair never endured. At … More