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Obama's second term- (5) the U.S. president's foreign policy failures in Syria and Iraq seen up close by Clinton and Panetta
08/11/2014
A Defense Secretary and Secretary of State in the Obama administration describe up close president Obama's failure to act at key moments in the crisis in Iraq and Syria. This has badly damaged the U.S. credibility and what it stands for in the Middle East and the rest of the world.
Linked Articles
A Rift in Worldviews Is Exposed as Clinton Faults Obama on Policy
New York Times 08/11/2014
Former Defense Chief Panetta Criticizes Obama in New MemoirWall Street Journal 10/07/2014
U.S. president Obama's managing of foreign affairs 2008-2016- missed opportunities and failure to act
05/28/2014
Linked Articles
President Obama Misses a Chance on Foreign Affairs
New York Times 05/28/2014
The Unwisdom of Barack ObamaWall Street Journal 09/20/2014
Christine Lagarde and John Lipsky on the need to move forward with the IMF reforms giving greater representation to emerging market countries in G-20
03/25/2014
Lagarde and Lipsky point out that this does not change the U.S. voting rights of 16%. They emphasize the stabilizing role the IMF has played for the global economy in crises and the more open thinking at the IMF on economic programs.
Linked Articles
The U.S. Should Ratify Its Agreement to IMF Reform
Wall Street Journal 04/02/2014
Congress Can Help the U.S. By Reforming The IMFWall Street Journal 03/25/2014
China's steadily growing automobile market in 2014-2015 (2)- the 49% increase in SUV sales in 2013 over 2012
12/16/2013
Ford Motor's early push into SUV's in China is helping it catchup with GM and Toyota.
Linked Articles
Renault to Focus on Building SUVs in China
Wall Street Journal 12/16/2013
Ford's SUVs Propel Its China GainsWall Street Journal 04/08/2014
Why NASDAQ is different in 2014 from 2000- more diverse and taking out much of the speculative component
11/26/2013
Linked Articles
Wall Street Journal 11/28/2013
Four Reasons Why Nasdaq 4000 Differs From Tech BubbleWall Street Journal 11/26/2013
The management styles of Jeff Bezos at Amazon and Paul English, co-founder of Kayak
07/25/2013
Bezos and English prefer small teams to get things done quickly. Layers of management are cut out and employees given freedom to test ideas.
Linked Articles
Paul English of Kayak, on Nurturing New Ideas
New York Times 07/25/2013
Jeff Bezos, The Post’s incoming owner, known for a demanding management style at Amazon - The Washington PostWashington Post 08/08/2013
The broken link between credit expansion and GDP growth in China (1)
06/24/2013
Orlik and the editors of the WSJ point to the broken link between GDP growth and credit expansion. The IMF warns of increasing credit expansion. Stalling productivity growth and waste means every dollar of investment is bringing in less GDP growth. Stiglitz and Sen point out the need for improving other indicators such as healthcare, education and the environment as an overall guage of progress not just GDP growth. The new Chinese leadership is aware of the need for rebalance the economy towards consumer spending. Moves to reduce healthcare costs form the first efforts in this direction. Search terms "Orlik," "rebalancing."
Linked Articles
Wall Street Journal 07/01/2013
China's Silver Linings PlaybookWall Street Journal 06/24/2013
Greece and living up to euro currency responsibilities- efforts under Papadopoulos 2002, Giannitsis 2001, Manos 1998 and Tsipras's commitment in 2015 15
01/28/2013
Can Greece live up to its euro currency responsibilities, is the question raised inside the eurozone, as Greece renews its commitment to reforms to build a modern economy. A look back at politicians who emphasized euro currency responsibilities and the candid remarks by Tsipras in an intervew with Bret Stephens of the WSJ.
Linked Articles
The Politicians Who Warned Greece—but Were Ignored
Wall Street Journal 07/11/2015
Stephens: The Conscience of a RadicalWall Street Journal 01/28/2013
CBO projections in Jan 2014 show the U.S. debt stabilizing at 74% of GDP in 2014 and deficits below 3% for 2014-2017
12/16/2012
Higher economic growth of about 3% for 2014-2017 and the phasing out of spending to counter the effects of the severe recession of 2008-2010, have helped the U.S. stabilize debt levels and reduce deficits. After 2018 the long range projections show debt to GDP climbing to reach 79% in 2024.
Linked Articles
CBO | The Budget and Economic Outlook: 2014 to 2024
Unknown 02/05/2014
That Terrible TrillionNew York Times 12/16/2012
Return of bubble type incentives in the U.S. auto industry 2012-2015
12/05/2012
Linked Articles
Auto Sales Trends Echo Troubled Past
Wall Street Journal 11/03/2014
Detroit's Unsold Cars Pile UpWall Street Journal 12/05/2012
The high turnout of evangelical Christians and Catholics as a factor in the 2012 U.S. presidential election
10/31/2012
The voter turnout among evangelical Chrisitians could be a factor in the 2012 U.S. presidential election similiar to that in 2004. Both Romney and George W. Bush gaining this vote.
Linked Articles
Henninger: Romney's Secret Voting Bloc
Wall Street Journal 10/31/2012
Rove: Sifting the Numbers for a WinnerWall Street Journal 10/31/2012
CEO Sergio Ermotti shifts Swiss bank UBS away from investment banking- 2012-2014
10/28/2012
Linked Articles
Wall Street Journal 10/30/2012
UBS to Cut 10,000 Staff in OverhaulWall Street Journal 10/28/2012
Pete Domenici's call for tackling the "fiscal cliff" and the CEO statement of October 2012
10/25/2012
Two initiatives, Strengthening America led by Pete Domenici of the Domenici-Rivlin commisson, and Fix the Debt which organized the CEO's statement of Oct. 2012, support a bipartisan movement that would address the tough challenges of deficit reduction without simply kicking the can down the road. Both initiatives look to the Simpson-Bowles commission recommendations as the basis of tackling the problem.
Linked Articles
Pete Domenici and Sam Nunn: Building a better ‘fiscal cliff’ - The Washington Post
Washington Post 10/27/2012
CEOs Call for Deficit ActionWall Street Journal 10/25/2012
Changes in American breakfast eating habits affect cereal and orange juice sales in 2012-2015
07/22/2014
Linked Articles
As Cereal Slips, a New Battle Over Breakfast Dollars
Wall Street Journal 07/22/2014
U.S. Orange-Juice Sales Fall to Record LowWall Street Journal 07/22/2014
BaFin, German federal financial regulatory authority, and the problems at Deutsche Bank- regulators slow to act on information
03/28/2014
Eyk Henning of the WSJ points out the slow response of regulator BaFin to information about problems at Deutsche Bank that suggest a broken culture in a report on March 28, 2014. This comes 6 years after the WSJ first reported the LIBOR rate manipulation in 2008 leading to British and U.S. regulatory investigations. In April 2015 Deutsche Bank made a legal settlement for LIBOR rate manipulation of $2.5 billion with U.S. and British regulators. As the time when regulatory authority passes to the European Central Bank, and after a period of 7 years since the 2008 WSJ report, BaFin finally sends its report on the broken culture at the bank. A month later the two co-CEO's at the bank resign.
Linked Articles
Germany Blasts Deutsche Bank Executives Over Culture
Wall Street Journal 07/17/2015
German Financial Watchdog Bites BackWall Street Journal 03/28/2014
Reviving Detroit- Darren Walker of the Ford Foundation and not giving up on American cities
02/15/2014
The Ford Foundation was founded in Detroit in 1936, the Knight Foundation also has roots in the city. Both foundations donated the money needed to revive Detroit in 2014. The state of Michigan under Governor Snyder also acted with exceptional courage and wisdom to save the floundering city after a decade of collapsing infrastructure and services. The state acted responsibly by obtaining a supervisory role over the city's troubled finances. With all the surrounding atmosphere and talk of Republican deadlock with Democrats in the White House and Congress, Snyder, Walker, Judge Rosen, and others showed rare wisdom and courage to come together for innovative solutions.
Linked Articles
Finding $816 Million, and Fast, to Save Detroit
New York Times 11/07/2014
Mediator in Detroit Bankruptcy Walks Fine Line Between City, CreditorsWall Street Journal 02/15/2014
South Africa's Mandela's willingness to challenge established bias, restraint and generosity of spirit
12/09/2013
Ross Sorkin gives the example of Mandela changing his thinking on nationalization when confronted with the facts and Friedman points out Mandela's vision in giving whites a sense of pride in the new South Africa. Friedman goes further to compare this with the effort to get just enough votes to win elections, zip code by zip code using computer generated data on demographics and other parameters, that he sees in the U.S..
Linked Articles
How Mandela Shifted Views on Freedom of Markets
New York Times 12/09/2013
Why Mandela Was UniqueNew York Times 12/10/2013
Stanford Hoover Institution's Fouad Ajami on the Middle East policies of U.S. president Obama that led to sectarian conflict and increase in terrorism
10/24/2013
Without a residual U.S. presence in the Middle East acting as a restraining influence on Shiite militias, Sunni groups, other foreign powers, leading to an exacerbation of sectarian conflict by the Malliki government, created the conditions for the rise of terrorism. Only in 2015-2016 were the effects of this seen with the breakup of Syria and Iraq, and the millions of refugees making their way to Turkey, Jordan, and Europe, followed by the increase in terrorism in Europe and the U.S.
Linked Articles
Notable & Quotable: Fouad Ajami on the Sunni-Shiite Fight
Wall Street Journal 01/05/2016
Fouad Ajami: A Lawyer Lost in a Region of ThugsWall Street Journal 10/24/2013
Insights into the thinking of Janet Yellen and Ben Bernanke for a strong labor market before increasing interest rates
07/18/2013
Yellen is expected to look beyond the unemployment rate target of 6.5% set by Bernanke in Dec. 2012, and give emphasis to the long term unemployed. Bernanke also mention the under employment rate as an additional factor to consider.
Linked Articles
Don’t Expect Job Data Alone to Persuade Fed on Rates
New York Times 01/23/2014
Bernanke Plays Down Link Between Jobless Rate, Fed MovesWall Street Journal 07/18/2013
The old views of the Defense Department and the new views at Israeli newspaper Haaretz on the way forward for peace and economic progress in the Middle East
03/12/2013
The old perceptions of the foreign policy establishment and the defense department and the new perceptions at Israeli newspaper Haartez, on the way forward for peace and economic progress in the Middle East. Out of the rubble of failed policies, lack of far sighted leadership, and the failures of Middle Eastern elites and leaders, must arise a right way forward.
Linked Articles
U.S. Officials Fear Losing an Eager Ally in the Egyptian Military
New York Times 08/16/2013
The Old Peace Is Dead, but a New Peace Is PossibleNew York Times 03/12/2013
2012 FTC Bureau of Competition report on Google's anti-competitive practices and staffers recommending anti-trust lawsuit
01/04/2013
Linked Articles
Administration's Tough Talk Belies Cautious Approach on Antitrust
Wall Street Journal 01/04/2013
Inside the U.S. Antitrust Probe of GoogleWall Street Journal 03/20/2015
U.S. Fed chairman Bernanke's activist interest rate policies to tackle high unemployment and central bankers from MIT
12/12/2012
A pragmatic activist focus in economic thinking shaped at the MIT economics department in Cambridge, Masachusetts. The ECB's Mario Draghi, Bank of England's Mervyn King, and Bernanke shaped their thinking at MIT. Draghi and Bernanke had the same PhD. advisor- Stanley Fischer. Factors calling for a pragmatic approach include the lack of political agreement on th deficit, the housing and foreclosure crisis effects, higher inequality and unemployment effects on the middle class, the effects of the globalized economy on working class manufacturing jobs, people dropping out of the labor foce, and lower inflation, which called for a larger focus on unemployment. Bernanke emphasized the "enormous waste in human potential and productive resources of the economy" throughout 2009-2012. Draghi emphasized the abnormal nature of excessive borrowing interest rates for Italy and Spain during the ECB's bond buying efforts in 2011-2012. Both efforts had a stabilizing effect on the economies of the U.S. and Europe during a period of political discord about future policy.
Linked Articles
Wall Street Journal 12/13/2012
MIT Forged Activist Views of Central Bank Role and Cinched Central Bankers' TiesWall Street Journal 12/12/2012
Obama advisor, Christina Romer, and support for Simpson-Bowles recommendations on limiting deductions
11/10/2012
The Feldstein, Romney proposals based on the ideas of the Simpson Bowles Commission of limiting tax deductions finds convergence with Obama economic advisor, Christina Romer's support for Simpson Bowles recommendations after the 2012 presidential elections.
Linked Articles
Democrats Like a Romney Idea to Cap Tax Deductions
New York Times 11/12/2012
Budget Showdown Offers an Opportunity for ProgressNew York Times 11/10/2012
The weakness in Ford Motor Company's improved results and recovery in 2011-2013
10/30/2012
Ford Europe is one cause for concern. Another problem is the lower market share in light vehicle sales in 2012 and the deteriorating quality and reliability ratings for cars.
Linked Articles
Ford Results Show Power of U.S. Operations
Wall Street Journal 10/30/2012
Ford's Purring, but Its Cars Aren'tWall Street Journal 10/31/2012
The CEO statement of Oct 2012 calling for action to tackle deficit reduction with tax increases as part of broader reforms
10/26/2012
The CEO statement of Oct 2012 as a pro-growth initiative and not simply a tax increase that does little for setting up a strong economic recovery in the U.S.
Linked Articles
Wall Street Journal 10/26/2012
Pete Domenici and Sam Nunn: Building a better ‘fiscal cliff’ - The Washington PostWashington Post 10/27/2012
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