Posted by Nanne Zwagerman in
US Domestic and Cultural Issues on Wednesday, April 30. 2008
Oil prices are on the up and up, setting new records at the pump. Each time this happens, a spate of panicky reactions in national politics, all isolated from each other, burst up. First, a brief look at the state of the debate in the USA:
In the USA, McCain has proposed reacting to the higher oil prices by temporarily cutting taxes. This is in keeping with the Republican solution to everything -- cut taxes. Hillary Clinton has jumped on the McCain tax cutting train, hoping to draw more contrasts with Barack Obama. Meanwhile, Obama finds himself in the same camp as George W. Bush in opposing a symbolic tax holiday. A few paragraphs from the New York Times, via Drezner:
At a meeting with voters in North Carolina on Monday, Mr. Obama said lifting the gas tax for three months would save the average consumer no more than $30, a figure confirmed by Congressional analysts. Mr. Obama has previously dismissed Mr. McCain’s proposal as a “scheme.”
“Half a tank of gas,” Mr. Obama told his audience. “That’s his big solution.”
President Bush’s spokeswoman essentially sided with Mr. Obama in saying that tax holidays and new levies on oil companies would not address the long-term problems of dependence on foreign oil.
Dana Perino, the White House spokeswoman, said gasoline prices were “entirely too high, but I think it would be disingenuous and unfortunate for American consumers for them to be led to believe that there is a short-term fix.”
Continue reading "Global Oil Panic: The United States of America"
Posted by Joerg Wolf in
US Domestic and Cultural Issues, US Foreign Policy on Thursday, April 24. 2008
This is my favorite quote of the year so far: "Would we have allowed Nazi Germany to host the Olympics?"
This awesome statement was found on a protest sign in San Francisco. German Joys and Andrew Sullivan have a picture.
This statement is fascinating on so many levels. Not just because the author has not heard about the 1936 Olympics in Berlin. And not just because of his/her comparison between Nazi Germany and China. I find the statement revealing because the author apparently thinks that it is the United States as Master of the Universe that gets to decide who is allowed to host the Olympics.
Apparently it is not just US presidents and senators (and plenty of slightly megalomaniac "experts" without any military experience) who boldly declare stuff like "we must not allow Iran to develop a nuclear weapon" or similar phrases along the lines of "We must not allow evil doers doing evil stuff." Apparently even the usually pretty left-leaning protestors in San Francisco consider the United States to be a hyperpower.
Actually, right now President Bush is not making any bold statements regarding China. All of a sudden, he prefers quiet diplomacy. What a change from this second inauguration speech three years ago.
Over at Atlantic Community, we have recommended a few press commentaries regarding China and the Olympics:
• Chinese Outcry Against the Western Media: "The Chinese believe that Tibet cannot be the real reason for Western criticism of China and call for boycotts." • The Positive Side of Chinese Nationalism: "The Olympics have inspired Chinese nationalism which will lead to increased civil engagement and awareness of the responsibilities and rights of citizenship." • Will the Chinese Change International Institutions?: "In the past, the World Bank, like the IMF, was traditionally dominated by American, Europeans, and their neoliberal agenda. However as American financial pillars are now underpinned by Chinese money, it has become impossible to ignore Chinese interests."
UPDATE: Megalomania and arrogance is of course not limited to the US, but also widespread in Europe, where declarations about "not allowing" Iran, China and others to do something are even more ridiculous considering our real political influence and military power. I just wanted to clarify that this post is not meant to bash the United States, but to criticize stupid and arrogant people, who overestimate their country's power. These people are a danger to their country.
Posted by Joerg Wolf in
US Domestic and Cultural Issues on Wednesday, April 16. 2008
Since this is the Atlantic Review, we should take a look at the Atlantic itself: The Redbird Reef close to Delaware is a dump site for New York City subway cars. This is not some environmental disaster. The nearly 700 cars are "basically luxury condominiums for fish," says someone from the Delaware Department of Natural Resources according to Dvice.
Is there a metaphor for transatlantic relations in this story?
Posted by Sonja Bonin in
US Domestic and Cultural Issues on Thursday, March 20. 2008
There will be gigantic public pillow fights on March 22nd in cities around the world, ranging from Beijing to Zurich to Boise, Idaho. Watch a movie about a pillow fight in New York City, find out the nearest location of an event, accept the rules and have fun!
Posted by Sonja Bonin in
US Domestic and Cultural Issues on Monday, March 17. 2008
While the American primaries make the headlines on a daily basis even in our Swiss newspapers, more than a hundred million Americans usually don't vote, which means about 40% of eligible voters forego their right to elect who's to become (arguably) the most powerful political leader in the world. Find an interesting "mini-movie" about these missing voters here.
This is what the filmmakers write about themselves:
A year before the presidential elections of 2008 a crew of young European filmmakers goes on a journey all across the country in a little old motorhome to search for America’s missing voters. Who are they? Why don’t they vote? Can a young and fresh presidential candidate as Barack Obama make them vote? How would American politics change if more young people, single women, poor white people, African-Americans and Latino’s would start voting?
"You usually end up with [a] disproportionate number of minorities not voting and more young voters not voting," according to Project Vote, a not-for profit organization that tries to get more people to vote. Also featured in the movie: Thomas E. Patterson, Harvard professor and author of the book The Vanishing Voter (Amazon.com; Amazon.de). His conclusion is very clear:
If you enlarge[d] the electorate in the US, you'd be pushing it to the left.
Historically, only 10-20 % of all eligible voters take part in the primaries that are occupying so much of our attention at the moment. Oh, and by the way, guess which country besides the US has a very low turn-out on election day? Correct: it's Switzerland.
Posted by Sonja Bonin in
US Domestic and Cultural Issues on Friday, March 14. 2008
Most people try to avoid bureaucracy as best as possible. Others fight the government wherever they can. Too bad, if you ask Jim Diers, a former community organizer who initiated Seattle’s Department of Neighborhoods in 1988 and served as its first director until 2002. “Cities work best when local government and the community are working as partners”, and there are lots of things that communities can do better than government can, he concludes in his book: Neighbor Power. Building Community the Seattle Way.
According to Diers’ approach, governments shouldn’t consider themselves as service-providers for their (passive) customers. Quite to the contrary: Dependency on government money and government planning ruins people’s sense of responsibility for their own neighborhoods. At the same time, an incredible wealth of “social capital” goes unused. In order to build ongoing community engagement, you have to allow citizens to choose what they want to change and then accomplish this change in a collaborative effort.
Continue reading "Urban Democracy: How the City of Seattle Empowers Its Neighborhoods"
Posted by Sonja Bonin in
International Economics, US Domestic and Cultural Issues on Wednesday, March 12. 2008
According to the Economist, Charles Morris is the first to really assess the current crisis of the financial market in his book The Trillion Dollar Meltdown:
He describes three trends converging to create the bubble: By 2006 the growing trend towards deregulation had pushed three-quarters of all lending outside the purview of regulators. Securitisation created a serious agency problem, leaving loan originators, who were paid up-front, with no incentive to avoid bad credits and every reason to piggyback inappropriate products onto good ones [...] Banks and rating agencies were gripped by the pretence that all finance can be calculated by risk-modelling eggheads. It did not help that many investors blindly accepted the rating agencies as a kind of “financial Supreme Court”.
In addition, the "Federal Reserve fuelled the housing boom by sharply cutting the cost of short-term money. Mr Greenspan ignored warnings about subprime excess, while eagerly championing 'new paradigms', from hybrid mortgages to credit derivatives." As for the solution:
He offers a raft of suggestions: originators should retain the riskiest portion of securitised loans; prime brokers should stop lending to hedge funds that fail to disclose their balance sheets; trading of credit derivatives should be brought onto exchanges for the sake of safety, even if this raises costs; and some version of the old Glass-Steagall act, which separated commercial banking and capital-markets activities, should be re-introduced. Ultimately, he argues, after a quarter-century of “market dogmatism” it is time for the regulatory pendulum to swing the other way.
Posted by Sonja Bonin in
US Domestic and Cultural Issues on Tuesday, March 4. 2008
It has been many years since a party convention in the United States has been decided by superdelegates rather than delegates from state primaries and caucuses. It could happen this time again, says our guest writer Brian Livingston, editorial director of WindowsSecrets.com. Plus: He expects "the worst kind of racist smear literature coming from far-right extremists" should Barack Obama win the Democratic nomination. Here's what else he had to say shortly after the Washington State primaries:
My wife and I attended our precinct caucuses on February 9, and about 100 people were there to vote, as opposed to about 25 in the same precinct four years earlier, when Kerry, Dean, and Edwards were candidates. The vote in our precinct this month was more than 2-to-1 for Obama over Clinton (we supported Obama).
Hillary won in zero out of 39 counties in Washington State. The interesting part for people around the world, of course, is not how Washington State liberals voted, but how the nomination process will go in the rest of the U.S.
Continue reading "Superdelegates Might Decide Democratic Party Convention"
Posted by Joerg Wolf in
Transatlantic Relations, US Domestic and Cultural Issues on Saturday, March 1. 2008
Ulf Gartzke, a visiting scholar at the BMW Center for German and European Studies at Georgetown University in Washington, writes that many Europeans are captivated by and invested in the outcome of the US presidential election campaign:
In electing a young black politician with a Muslim father, Americans would do something that is pretty much unthinkable in any country in Europe, where politics are traditionally dominated by a white old boy's club (notable exceptions like German chancellor Angela Merkel notwithstanding). In this context, however, Europeans must not forget that Obama (despite having a very Europe-savvy foreign policy team) is not known to be an Atlanticist. Senator Clinton, for her part, has many European admirers dating back to her time in the White House with Bill, who remains a very popular figure in Europe.
According to Gartzke, McCain would be good for Europe as well:
Continue reading "A European View of the US Election Campaign"
Posted by Editors in
Transatlantic Relations, US Domestic and Cultural Issues on Wednesday, February 27. 2008
This guest blog post by Don, an American living and working in England, is about NATO and how Obama, Clinton and McCain might relate to it, if elected president.
David Ignatius of the Washington Post raises an interesting issue in Sun Sets on Cold War Mentality, one which cuts to the core of the biggest issue in the US election campaign, which is - What does 'change' mean?
Ignatius sources an interesting blog called Swoop, and argues that experience may actually be a liability in this election. I've been feeling my way to this conclusion. In years past I would have been stalwartly in the McCain corner, but that simply feels wrong this year. If there is one clear lesson from the past decade it is that the Cold War era is finally over. The Berlin Wall fell in 1989, but since then the global elites have been trying to patch the Cold War era collective security apparatus without achieving very much in collective security.
Continue reading "Obama the Catalyst"
Posted by Joerg Wolf in
US Domestic and Cultural Issues on Sunday, February 17. 2008
Our reader Pat Patterson commented last night:
And if anyone seriously believes that either of the two Democrats aspiring to be president are actually going to cut defense spending then I own a bridge in Brooklyn...
I might be interested in this bridge. Here are three reasons:
Continue reading "Would the Democrats Cut Defense Spending?"
Posted by Joerg Wolf in
Transatlantic Relations, US Domestic and Cultural Issues on Wednesday, January 30. 2008
The Republican presidential candidates demonstrated some suspicion and negativity towards Europe, concludes the Atlantic Community: Huckabee claims Europe is (unintentionally) to blame for some of the US' biggest terror threats, Romney is using an anti-European stance to further his campaign, Giuliani is turning away from Europe to focus on Asia, while McCain, appears committed to revitalizing transatlantic relations. What do you think? Is that a fair assessment of the candidates' statement on Europe? And if yes, is their suspicion and negativity towards Europe justified? The good news is certainly that John McCain is the frontrunner. For Europe he would be better than any other Republican candidate. I appreciate your comments here and on Atlantic Community. Full disclaimer: Atlantic Community is my day job as editor-in-chief. Registration is required for commenting, but is real fast.
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