Michael Sigman: In the heat of the 2008 presidential race, the popular conservative blog Red State lambasted candidate Barack Obama’s remarks during a Berlin appearance as a “Kumbaya speech” filled with “nothing but platitudes and leftist, and multicultural, rah-rah.”
John Peeler: One of the most striking features of our current global economic morass is that many Third World economies are weathering the crisis rather well, while the supposed leaders of the world economy (the United States, the European Union, the Japanese) are in deep trouble that looks to get deeper.
David Love: The problem is that the United States is falling apart. It has become a Third World country. Record numbers of people are unemployed.
Joseph Palermo: In 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown , Simon Johnson and James Kwak point out that in September 2008 the high-flying masters of the universe were at their weakest point and had no choice but to do whatever the government demanded of them. Never mind the supreme irony of Wall Street bankers who claimed government had no place interfering in the miracles of the market begging the government to save them, it was at that time when we should have cut them down to size.