Monthly Archives: June 2012

From the perspective of German leaders, the current crisis in Europe arose because profligate, irresponsible southern European countries were able to borrow at artificially low rates.  The artificially low rates came from the Euro itself, it confused the fiscal identity … Continue reading →

It is going to be a challenge for half-measures to continue to keep the Euro rolling ahead of market speculators who will be closing in for the kill. Here is the recipe for disaster: (1)  Spain and Italy are paying … Continue reading →

In February, I wrote in The National Interest that the Egyptian revolution had become a struggle between the two forces- the military and the Muslim Brotherhood, and that the latter would prevail because in a revolution power eventually devolves to the … Continue reading →

I am very glad my fears did not come to pass.  Now we must wait and see how the Brotherhood and the military co-exist.  But this is a good step in the military recognizing it must compromise with popular demands.  … Continue reading →

Five hours before Egypt’s election winner is announced, this from CNN: “Minister Mohamed Ibrahim has given police forces orders to shoot to kill against anyone attempting to attack police stations after the results,” interior ministry spokesman Gen. Marwan Mustapha said. … Continue reading →

With several hours to go before Egypt’s election committee names a winner, Ahmed Shafik has already posted his claim to be President on his web-site.  Is this the military’s trial balloon to see how much outrage or public approval this … Continue reading →

Karl Marx once wrote that history repeats itself, but the first time as tragedy, the second time as farce.  He was writing of 19th century political struggles between republicans and Bonapartists in France, but he could just as well have … Continue reading →

Apparently I am not the only one troubled by the Israel’s new Holocaust Memorial,  Yad Vashem (see my post of May 24).   In that post, I complained that the new memorial is more a Zionist monument to the need to … Continue reading →

Financial problems have caused Spain to cut electricity to road lights on its highways. http://www.bloomberg.com/news/2012-05-10/lights-go-out-in-spain-as-cuts-plunge-highways-into-darkness.html In Greece, parents are giving up children they say they cannot afford to feed.  What is happening to Europe?  http://www.dailymail.co.uk/news/article-2085163/Children-dumped-streets-Greek-parents-afford-them.html How can political leaders in … Continue reading →