This month marks the 10th anniversary of the decision by the Bush-Cheney administration to invade the country of Iraq and initiate what can be called a war of choice. This is a good time to briefly look back at this unsavory historical episode. Continue reading →
One crisis averted, three to come! Indeed, that’s what can be said after the U.S. House of Representatives passed legislation on January 23, 2013, to suspend the government’s statutory borrowing limit for three months. Continue reading →
On November 6, 2012, American voters chose not to entrust their central government to ultra-conservative billionaires and their candidates, and they rejected their anti-government, low taxation and no regulation ideology. Continue reading →
American voters must be congratulated for their democratic decision in this 2012 election for giving President Barack Obama a second chance, even if it was done within a close margin. Continue reading →
The 2012 U.S. presidential election is the first one to be held under the new electoral financing rule decreed by a majority of five on the Roberts Supreme Court on January 21, 2010. With this fateful decision, the Roberts Supreme Court really changed the meaning of the Preamble of the U.S. Constitution that says, “We the People of the United States, in order to form a more perfect Union . . .” and decided on its own to change it for “We, the rich corporations of America . . .” Continue reading →
In current American politics, money and wars of aggression abroad seem to rule the day. When a candidate’s fortune turns sour, the natural reflex is to spend millions in negative ads to destroy adversaries and/or to issue hawkish policy statements with the promise to start new wars abroad and even to rekindle old ones. The motto seems to be that “If you destroy me with your negative ads; I will destroy you with mine.” This is truly amazing. Continue reading →
Presently, one has the net impression that today’s governments, both in Europe and in the United States, have their fingers plugging the holes in the financial dike, but fear that that the entire dam could collapse in the not too distant future with dire economic consequences. Continue reading →
Financial markets show signs that they have lost confidence in politicians both in the U.S. and in Europe. They have reached the conclusion that those presently in charge are not on top of things, and that either they don’t understand the current economic problems their countries face or they lack the will or ability to bring forth the bold economic policies that would be required to solve them. Continue reading →
On the 4th of July, the credit agency Standard & Poor’s called the country of Greece for what it is, i.e. a country in de facto financial bankruptcy. No sleight of hand, no obfuscation, no debt reorganization and no “innovative” bailouts can hide the fact that the defective rules of the 17-member Eurozone have allowed some of its members to succumb to the siren calls of excessive and unproductive indebtedness, to be followed by a default on debt payments accompanied by crushingly higher borrowing costs. Continue reading →
There will a general election in Canada on Monday, May 2, 2011. After a little more than five years (since February 2006) of a disastrous Harper-Reform-Conservative coalition minority government that was finally defeated on a motion of contempt of Parliament, the overriding central issue during this election is whether Canadians really want to elect a Harper-Reform-Conservative majority government. Continue reading →
Let us begin with some macroeconomic indicators of reference. Continue reading →
The real Obama is bent on killing innocent people with remote-controlled drones
Posted on June 14, 2013 by Rodrigue Tremblay
When Barack Obama defeated Mitt Romney in the 2012 U.S. presidential election, there was hope that the newly reelected president would show his true colors during his second term, not having to run again and having nothing to lose by being himself. Continue reading →