In 2007, the director general of Britain’s internal security service described al-Qaeda and its associated groups as, “the main national security threat that we face today.” Revelations that al-Qaeda linked terrorists planned to carry out Mumbai-style attacks in Germany, France and Britain once again underscores this fact. The capture and …
Bruno Lete’s analysis of European reactions to the New START treaty is breathtaking; not for its insights, but rather for its intrinsically false assumptions. Assumption #1: New START can and should lead to another agreement on the denuclearization of Europe. It is impossible—not to mention foolhardy—to ask U.S. senators to …
Just what Kool-Aid are they drinking in the White House? The question is occasioned almost daily now, but today’s issue isn’t Afghanistan, the oil spill, or health care reform. The Kool-Aid question arises today in the antics leading up to the upcoming G-20 meeting in Toronto. According to press reports, …
The European economic model is dead. Don’t believe us? – Ask The Washington Post. Yesterday’s front-page story reported that the loans being made to stave off the debt crisis come with conditions which, if enforced, would require “European governments [to] rewrite a post-World War II social contract that has been …
The Greek financial crisis and its spillover effects in Europe provide a scary look at America’s possible economic future if we don’t get our economic house in order. Underneath the big bailout numbers ($146 billion rescue package for Greece; trillion dollar support for the Euro and European government bonds) are …
The eleven year old euro zone, the world’s second largest economy after the U.S., confronts a cold reality: its members lost economic vitality over the euro’s first decade, as shown in this WSJ chart. The WSJ reports: [The] appetite for structural overhaul is low among Europeans, who have long believed …
Littered throughout the President’s proposed budget and health care plan are over $2 trillion in new taxes. In the budget we see tax hikes on businesses including the death tax; new detrimental restrictions on a tax provision called “deferral” that is vital for U.S. companies operating abroad; and potential new …
President Obama has lavished time and attention on Europe in spades. He made Europe his first foreign port of call after his inauguration and since then has visited at least eight European countries (plus Russia). His popularity ratings in most of Europe, especially in Western Europe, would make the average …
