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    <title type="html">Atlantic Review</title>
    <subtitle type="html">A press digest on transatlantic affairs edited by three German Fulbright Alumni</subtitle>
    <icon>http://atlanticreview.org/templates/default/img/s9y_banner_small.png</icon>
    <id>http://atlanticreview.org/</id>
    <updated>2010-07-29T12:28:33Z</updated>
    <generator uri="http://www.s9y.org/" version="1.5.1">Serendipity 1.5.1 - http://www.s9y.org/</generator>
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    <entry>
        <link href="http://atlanticreview.org/archives/1408-Thousands-of-Classified-Reports-on-the-Afghanistan-War-Leaked.html" rel="alternate" title="Thousands of Classified Reports on the Afghanistan War Leaked" />
        <author>
            <name>Kyle Atwell</name>
                    </author>
    
        <published>2010-07-26T00:34:06Z</published>
        <updated>2010-07-29T12:28:33Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1408</wfw:comment>
    
        <slash:comments>9</slash:comments>
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            <category scheme="http://atlanticreview.org/categories/3-Transatlantic-Relations" label="Transatlantic Relations" term="Transatlantic Relations" />
            <category scheme="http://atlanticreview.org/categories/2-US-Foreign-Policy" label="US Foreign Policy" term="US Foreign Policy" />
    
        <id>http://atlanticreview.org/archives/1408-guid.html</id>
        <title type="html">Thousands of Classified Reports on the Afghanistan War Leaked</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <font size="2" face="Verdana">An extensive series of previously classified reports on the Afghanistan war effort titled the <a href="http://www.wikileaks.org/wiki/Afghan_War_Diary,_2004-2010">Afghan War Diary (AWD)</a> has been made public by the website WikiLeaks.&#160; <br /><br /></font><font size="2" face="Verdana">The <em>NYT</em>, <em>Guardian</em> and <em>Der Spiegel</em></font><font size="2" face="Verdana"> were leaked the reports several weeks ago.&#160; Each has spent the past month analyzing the reports and writing articles with their key deductions.&#160; According to the <em>New York Times</em> <a href="http://www.nytimes.com/2010/07/26/world/26editors-note.html">editors' note</a>:<br /></font><blockquote><font size="2" face="Verdana">The articles published today are based on thousands of United States military incident and intelligence reports &mdash; records of engagements, mishaps, intelligence on enemy activity and other events from the war in Afghanistan &mdash; that were made public on Sunday on the Internet. The New York Times, The Guardian newspaper in London, and the German magazine Der Spiegel were given access to the material several weeks ago. These reports are used by desk officers in the Pentagon and troops in the field when they make operational plans and prepare briefings on the situation in the war zone. Most of the reports are routine, even mundane, but many add insights, texture and context to a war that has been waged for nearly nine years.</font><br /></blockquote><font size="2" face="Verdana">The <em>NYT</em>, <em>Guardian</em> and <em>Der Spiegel</em> have all vetted the reports and come to the conclusion that the material is authentic.&#160; <br /><br />You can download the full set of reports from the WikiLeaks website, <a href="http://www.wikileaks.org/wiki/Afghan_War_Diary,_2004-2010">here</a>. <br /><br /><em>New York Times</em> coverage is found <a href="http://www.nytimes.com/interactive/world/war-logs.html?emc=na">here</a>.<br /><em>Guardian</em> coverage <a href="http://www.guardian.co.uk/world/2010/jul/25/afghanistan-war-logs-military-leaks">here</a>. <br /><em>Der Spiegel</em> coverage <a href="http://www.spiegel.de/international/world/0,1518,708314,00.html">here</a>. <br /><br /></font> 
            </div>
        </content>
        <dc:subject>Afghanistan</dc:subject>
<dc:subject>Alliance</dc:subject>
<dc:subject>Defense</dc:subject>
<dc:subject>Military</dc:subject>
<dc:subject>NATO</dc:subject>
<dc:subject>Strategy</dc:subject>
<dc:subject>War</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1407-Support-Our-Troops-The-German-Edition.html" rel="alternate" title="&quot;Support Our Troops&quot; - The German Edition" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-07-23T14:29:55Z</published>
        <updated>2010-07-24T21:44:22Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1407</wfw:comment>
    
        <slash:comments>5</slash:comments>
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            <category scheme="http://atlanticreview.org/categories/12-German-Politics" label="German Politics" term="German Politics" />
    
        <id>http://atlanticreview.org/archives/1407-guid.html</id>
        <title type="html">&quot;Support Our Troops&quot; - The German Edition</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
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                <p>What is common in the United States, is rather rare in Germany: Expressing support of our soldiers in Afghanistan.</p>
<p>While most US critics of the wars in Iraq and Afghanistan make extra efforts to distinguish between criticism of the strategy/purpose of the wars and the service of the troops, such differentiation usually is not made in Germany. I have never seen a car with the bumper sticker &quot;Support our Troops.&quot;</p>
<p>The Bundeswehr troops do not get much support from citizens, media, celebrities or politicians. Instead many soldiers are concerned about the opinion polls that indicate popular disapproval of the Afghanistan war. </p>
<p>Therefore the Atlantische Initiative (my day job) has teamed up with Germany's biggest daily newspaper and started the campaign <a href="http://www.atlantic-community.org/index/articles/view/Feldpost_f%FCr_unsere_Soldaten_">&quot;Feldpost f&uuml;r unsere Soldaten!&quot;</a>     <br />&#160;<a href="http://www.atlantic-community.org/index/articles/view/Feldpost_f%FCr_unsere_Soldaten_"><img border="0" src="http://www.atlantic-community.org/app/webroot/img/articleimg/feldpost.jpg" style="border-width: 0px;" alt=""  /></a>     <br />We encourage our readers and members to write short personal messages of support for the Bundeswehr troops. We will then forward the best ones to the various bases in Afghanistan. Several hundred messages have already been published by our partners at the tabloid <a href="http://www.bild.de/BILD/politik/2010/07/22/bild-de-aktion-bundeswehr-feldpost/unterartikel/umfrage.html">Bild</a>.</p> 
            </div>
        </content>
        <dc:subject>AC</dc:subject>
<dc:subject>Afghanistan</dc:subject>
<dc:subject>Bundeswehr</dc:subject>
<dc:subject>Germany</dc:subject>
<dc:subject>NATO</dc:subject>
<dc:subject>Think Tank</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1406-Anti-European-Schadenfreude-Rising.html" rel="alternate" title="Anti-European Schadenfreude Rising?" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-07-18T11:36:58Z</published>
        <updated>2010-07-25T00:02:54Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1406</wfw:comment>
    
        <slash:comments>9</slash:comments>
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            <category scheme="http://atlanticreview.org/categories/3-Transatlantic-Relations" label="Transatlantic Relations" term="Transatlantic Relations" />
            <category scheme="http://atlanticreview.org/categories/1-US-Domestic-and-Cultural-Issues" label="US Domestic and Cultural Issues" term="US Domestic and Cultural Issues" />
    
        <id>http://atlanticreview.org/archives/1406-guid.html</id>
        <title type="html">Anti-European Schadenfreude Rising?</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
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                <p><font face="Verdana">When Foreign Policy featured an article on Anti-Europeanism in the United States as &quot;Today's FP&quot; cover, I got intrigued, but I was disappointed when I read </font><font face="Verdana">this article Guardian columnist Simon Tisdall</font><font face="Verdana">, which currently is FP's most read piece of the week. Old arguments about the Iraq war debate and last year's Obama trips to Europe. </font></p>
<p><font face="Verdana">Here are the more interesting paragraphs regarding the reason for Anti-European attitudes:</font></p>
<blockquote>
<p><font face="Verdana">Fear, envy, anti-colonialism, anti-imperialism, cultural inferiority-superiority complexes, trade, political and military rivalries, and America's quest for identity all fed anti-European feeling as the new country sought to differentiate itself from the old countries whence most of its people came. Many of these phenomena remain relevant today. </font></p>
<p><font face="Verdana">&quot;Expressing one's anti-European sentiment can be a way of building up and displaying one's American identity and patriotism,&quot; said Patrick Chamorel in a European University Institute study published in Italy in 2004. &quot;Anti-Europeanism has always been part of American exceptionalism, which defined itself in contrast to European history, politics, and society.&quot; </font></p>
<p><font face="Verdana">It would be easy for Europeans to shrug off America's Europhobic generalizations and mischaracterizations if they were exclusive to would-be-intellectual neoconservatives, Bible Belt evangelists, and provincial Midwest xenophobes. But ever since the European Union dropped the ball in the Balkans in the mid-1990s, a potent mix of influential American thinkers, policymakers, and commentators have given anti-Europeanism a new respectability that cannot be dismissed out of hand. On the major issues that preoccupy Americans -- defense, security, terrorism, intervention, free trade, sovereignty, and nationalism -- the argument that Europe has lost its way has gained in influence. And as a debt-laden European Union stares at the fiscal abyss, one can almost feel the schadenfreude emanating from across the pond. </font></p>
</blockquote>
<p><font face="Verdana">&quot;Almost feel the schadenfreude emanating&quot;? Does it get any more vague than that? Read the FP article </font><a href="http://www.foreignpolicy.com/articles/2010/07/15/venus_envy"><font face="Verdana">Venus Envy</font></a><font face="Verdana"> and come back here to comment, if you like.</font></p> 
            </div>
        </content>
        <dc:subject>Anti-Europeanism</dc:subject>
<dc:subject>Europe</dc:subject>
<dc:subject>Media</dc:subject>
<dc:subject>Moral Values</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1404-Taliban-Recruit-Monkey-Terrorists.html" rel="alternate" title="Taliban Recruit Monkey Terrorists" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-07-13T21:55:00Z</published>
        <updated>2010-07-15T18:12:17Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1404</wfw:comment>
    
        <slash:comments>2</slash:comments>
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            <category scheme="http://atlanticreview.org/categories/2-US-Foreign-Policy" label="US Foreign Policy" term="US Foreign Policy" />
    
        <id>http://atlanticreview.org/archives/1404-guid.html</id>
        <title type="html">Taliban Recruit Monkey Terrorists</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
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                <p><font face="Verdana">Oh, no. &quot;Taliban trains 'monkey terrorists' to attack U.S. troops,&quot; writes the </font><a href="http://english.peopledaily.com.cn/90001/90777/90851/7043384.html"><font face="Verdana">People's Daily</font></a><font face="Verdana"> from China (via <a href="http://blog.foreignpolicy.com/posts/2010/07/12/no_seriously_the_talibans_training_monkey_commandos">FP</a>):</font></p>
<blockquote>
<p align="left"><font face="Verdana">Taliban forces have taught monkeys how to use the Kalashnikov, Bren light machine gun and trench mortars. They also teach them how to identify and attack soldiers wearing U.S. military uniforms. Ironically, the idea of training monkeys to fight was first invented by the U.S. Central Intelligence Agency. </font></p>
</blockquote>
<p align="left"><font face="Verdana">Will NATO prevail against the monkeys? Is it April 1st in the Chinese calendar?</font></p> 
            </div>
        </content>
        
    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1405-Will-Soccer-Bring-an-End-to-American-Exceptionalism.html" rel="alternate" title="Will Soccer Bring an End to American Exceptionalism?" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-07-13T21:39:00Z</published>
        <updated>2010-07-20T21:32:53Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1405</wfw:comment>
    
        <slash:comments>19</slash:comments>
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            <category scheme="http://atlanticreview.org/categories/3-Transatlantic-Relations" label="Transatlantic Relations" term="Transatlantic Relations" />
            <category scheme="http://atlanticreview.org/categories/1-US-Domestic-and-Cultural-Issues" label="US Domestic and Cultural Issues" term="US Domestic and Cultural Issues" />
    
        <id>http://atlanticreview.org/archives/1405-guid.html</id>
        <title type="html">Will Soccer Bring an End to American Exceptionalism?</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <p><font face="Verdana">We discussed American exceptionalism during the 2006 world cup: </font><a href="../../../../archives/335-Soccer-in-German-American-Relations.html">Soccer  in German-American Relations</a> and <a href="../../../../archives/1303-Soccer-is-for-Losers.html">Soccer  is for Losers?</a></p>
<p><font face="Verdana">Soccer is getting increasingly popular in the US, which <a href="http://mediamatters.org/research/201006110040">some</a> <a href="http://www.sportsgrid.com/media/hating-soccer-conservative-conspirac/">conservative</a> <a href="http://pr.thinkprogress.org/2010/06/pr20100615/index.html/">Americans</a> don't like. Is America becoming less exceptional now? </font></p>
<p><font face="Verdana">Or is it the other way round: Americans need to feel less exceptional before soccer becomes more popular and they win the world cup? A Brazilian paper translated by </font><a href="http://watchingamerica.com/News/61127/the-persistent-enigma-ofamerican-football/"><font face="Verdana">Watching America</font></a><font face="Verdana"> concludes with such a pretty loaded question:</font></p>
<blockquote>
<p><font face="Verdana">If Americans are able to abandon the idea of being chosen by God to save the world, if these citizens are open to the fact that they are identical to all other human beings and therefore do not have a clear target or are not necessarily superior or virtuous, then could it be possible for America to someday soon join the rest of the species and celebrate the most beautiful sport of our time with the rest of the world? Or is it inconceivable that within a few decades, this country could finally win the World Cup?</font></p>
</blockquote> 
            </div>
        </content>
        <dc:subject>Soccer</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1403-Lets-Cut-Defense-Spending.html" rel="alternate" title="&quot;Let's Cut Defense Spending&quot;" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-07-11T11:57:58Z</published>
        <updated>2010-07-15T20:08:36Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1403</wfw:comment>
    
        <slash:comments>14</slash:comments>
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            <category scheme="http://atlanticreview.org/categories/3-Transatlantic-Relations" label="Transatlantic Relations" term="Transatlantic Relations" />
    
        <id>http://atlanticreview.org/archives/1403-guid.html</id>
        <title type="html">&quot;Let's Cut Defense Spending&quot;</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <p><font face="Verdana">Strange world: Atlantic Review is not just as </font><a href="http://atlanticreview.org/archives/1402-Atlantic-Review-Used-for-MA-Thesis.html"><font face="Verdana">a reference in an MA thesis</font></a><font face="Verdana">, but is also referenced by E.D. Kain of the neoconservative (?) National Review Online to make the argument that </font><a href="http://article.nationalreview.com/print/?q=MGMxMGE0ZmE2YTE5YmUzZWU1OTBhNmFkMWFlNDE5NjM="><font face="Verdana">the US should cut defense spending</font></a><font face="Verdana">. He is linking to our blog in this paragraph: </font></p>
<blockquote>
<p><font face="Verdana">Americans provide defense for Europe and much of Asia, allowing Europeans </font><a href="http://atlanticreview.org/archives/266-Defense-budget-US-spends-too-much-and-Europe-spends-too-little.html"><font face="Verdana">to spend almost nothing on defense</font></a><font face="Verdana"> while spending lavish amounts on generous entitlement programs. And it is not at all clear that these countries actually want our military bases anymore. Europe has largely put war behind it with the advent of the European Union, and save for the Korean peninsula, Asia is largely moving toward a peaceful, global economy as well. Refocusing our defense priorities into regions that have more direct implications for our own national security, such as Africa and the Middle East, would force Europe to take into account not only the defense of its own soil, but the vast expense associated with that defense. Governments already burdened with extraordinarily high rates of taxation will be forced to make cuts in their welfare programs in order to shore up their defense apparatus. </font></p>
</blockquote>
<p><font face="Verdana">I disagree. I bet that Germany will not increase defense spending, if the US closes another military base. Previous closures did not lead to increase either. Many Americans like to think that US military bases abroad are protecting the host countries, while majorities (?) in the host countries see the bases as serving primarily US interests.</font></p>
<p><font face="Verdana">Whatever the US does, German defense spending declines for domestic reasons. Last week, the German legislative even voted to shorten military service down to six months for budgetary reasons. To me that sounds more like a military internship than part of national defense. Quite a few politicians want to maintain the military service since it supports recruitment for professional soldiers. In the 60s and early 70s the military service was three times as long as it is today.</font></p>
<p><font face="Verdana">An interesting statistic that the National Review Online author did not get from us: &quot;Each troop we send to Afghanistan costs the public $1 million per year. That's $1 million siphoned out of the U.S. economy and shipped overseas to the mountains of Afghanistan and the Iraqi deserts.&quot; Aha! Since this is the National Review I am tempted to ask the author whether the economy is more important than security? They seem to be moving towards the European position on war versus economy. Is America becoming a post-heroic society just like Europe, this was actually the topic of the blogpost to be </font><a href="http://atlanticreview.org/archives/1402-Atlantic-Review-Used-for-MA-Thesis.html"><font face="Verdana">referenced in an MA thesis</font></a><font face="Verdana">.</font></p> 
            </div>
        </content>
        <dc:subject>Afghanistan</dc:subject>
<dc:subject>Defense</dc:subject>
<dc:subject>Economics</dc:subject>
<dc:subject>Military</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1402-Atlantic-Review-Used-for-MA-Thesis.html" rel="alternate" title="Atlantic Review Used for MA Thesis" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-07-11T11:31:15Z</published>
        <updated>2010-07-11T11:32:20Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1402</wfw:comment>
    
        <slash:comments>0</slash:comments>
        <wfw:commentRss>http://atlanticreview.org/rss.php?version=atom1.0&amp;type=comments&amp;cid=1402</wfw:commentRss>
    
            <category scheme="http://atlanticreview.org/categories/14-European-Issues" label="European Issues" term="European Issues" />
            <category scheme="http://atlanticreview.org/categories/1-US-Domestic-and-Cultural-Issues" label="US Domestic and Cultural Issues" term="US Domestic and Cultural Issues" />
    
        <id>http://atlanticreview.org/archives/1402-guid.html</id>
        <title type="html">Atlantic Review Used for MA Thesis</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <p><font face="Verdana">An Irish student emailed me that he his going to reference an Atlantic Review blogpost in his MA thesis: </font><a href="http://atlanticreview.org/archives/913-Are-Americans-More-Willing-to-Make-Sacrifices-Than-Europeans.html"><font face="Verdana">Are Americans More Willing to Make Sacrifices Than Europeans?</font></a></p>
<p><font face="Verdana">It was one of my better blogposts, written in 2007, but still up-to-date. I was discussing transatlantic attitudes towards war and sacrifice and concluded that Americans are more optimistic than Europeans and that Americans are moving towards a post-heroic society, in which Europeans already live.</font></p>
<p><font face="Verdana">On the one hand, I am honored that this blog post will be referenced in an MA thesis, even though the reason might just be that I was discussing an issue with the prefix &quot;post.&quot; Academia loves terms like post-constructivism, post-Cold War era, and now post-heroic. On the other hand, I am not sure, if it is a good sign for academia if blogposts are used as references. Next, someone will use a tweet to argue that the Pope is Catholic. </font></p> 
            </div>
        </content>
        <dc:subject>Academia</dc:subject>
<dc:subject>Hero</dc:subject>
<dc:subject>Military</dc:subject>
<dc:subject>War</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1401-Two-Gitmo-Guys-Go-to-Germany.html" rel="alternate" title="Two Gitmo Guys Go to Germany" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-07-07T20:56:20Z</published>
        <updated>2010-07-08T12:35:16Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1401</wfw:comment>
    
        <slash:comments>1</slash:comments>
        <wfw:commentRss>http://atlanticreview.org/rss.php?version=atom1.0&amp;type=comments&amp;cid=1401</wfw:commentRss>
    
            <category scheme="http://atlanticreview.org/categories/12-German-Politics" label="German Politics" term="German Politics" />
    
        <id>http://atlanticreview.org/archives/1401-guid.html</id>
        <title type="html">Two Gitmo Guys Go to Germany</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <p><font face="Verdana">The German government agreed to resettle a Syrian and a Palestinian Guantanamo detainee. </font><a href="http://www.google.com/hostednews/afp/article/ALeqM5jTF-7iPBkbKj3377UWAmpoH82D6g"><font face="Verdana">AP</font></a><font face="Verdana"> quotes a State Department spokesman saying: &quot;We greatly appreciate Germany's decision to resettle these two detainees.&quot; I think it is too little too late to really to impress Obama. </font></p>
<p><font face="Verdana">ENDNOTE: The German soccer team attacked the Spain too little too late as well in today's semi-final. That damn octopus Paul was right again in predicting the </font><a href="http://voices.washingtonpost.com/soccerinsider/2010/07/spain_vs_germany_the_continuin.html"><font face="Verdana">winner</font></a><font face="Verdana">. Congrats to Nanne for the Dutch victory over Uruguay. I will certainly cheer the Dutch team in the upcoming final.</font></p> 
            </div>
        </content>
        <dc:subject>Guantanamo</dc:subject>
<dc:subject>Soccer</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1400-Whats-Worse-Debt-or-Frugality.html" rel="alternate" title="What's Worse? Debt or Frugality?" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-06-30T05:59:20Z</published>
        <updated>2010-06-30T10:48:20Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1400</wfw:comment>
    
        <slash:comments>2</slash:comments>
        <wfw:commentRss>http://atlanticreview.org/rss.php?version=atom1.0&amp;type=comments&amp;cid=1400</wfw:commentRss>
    
            <category scheme="http://atlanticreview.org/categories/8-International-Economics" label="International Economics" term="International Economics" />
            <category scheme="http://atlanticreview.org/categories/3-Transatlantic-Relations" label="Transatlantic Relations" term="Transatlantic Relations" />
    
        <id>http://atlanticreview.org/archives/1400-guid.html</id>
        <title type="html">What's Worse? Debt or Frugality?</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <p><font face="Verdana" size="2">&quot;Bashing Germany is the new favorite sport for policy makers and economists who want a more balanced world economy,&quot; writes </font><a href="http://online.wsj.com/article/SB10001424052748704569204575329002035417196.html"><font face="Verdana" size="2">The Wall Street Journal</font></a><font face="Verdana"> and points out: &quot;That Germany's economy is unbalanced is clear. Household incomes and consumer spending have stagnated for a decade, and economic growth has come almost entirely from exports and related investment. Consumption is set to drop 1.4% this year, even though the overall economy will grow 1.9%.&quot;</font></p>
<p><font face="Verdana" size="2">The WSJ explains the German position very well, even though it does not quite agree with it:</font></p>
<blockquote>
<p><font face="Verdana" size="2">German Chancellor Angela Merkel argued in an interview last week that balancing the budget could even unlock consumers' wallets-whereas deficit spending might only lead to even-higher household saving. Germans save because they are worried the public pension and health-care systems will run out of money, and would save less if they had confidence in sustainable public finances, she argued. </font></p>
<p><font face="Verdana" size="2">Ms. Merkel's first term doesn't offer good evidence for that view, however. Germany cut its budget deficit from 4% in 2005, when she took office, to nil in 2008, before the financial crisis struck. In that time, Germans' household savings rate rose rather than fell-to 11.2% of disposable income, from 10.5%. The core problem is lack of growth in Germans' disposable income, not high savings rates which are largely justified for an aging population, say most economists. </font></p>
</blockquote> <font size="2"><font face="Verdana"><strong>Endnote:</strong> Does Obama </font></font><a href="http://atlanticreview.org/archives/1380-Germany-as-Maya-the-Bee.html"><font face="Verdana" size="2">sound French</font></a><font face="Verdana" size="2">, when he says that he is &quot;concerned by weak private-sector demand and continued reliance on exports by some countries with already large external surpluses.&quot;? He was clearly asking Germans to buy more American stuff. (Hey, nearly everyone is walking around with iPhones and the city is full with huge iPad advertisements. Or are that Chinese products?)</font>
<p><font face="Verdana" size="2">Finance Minister Sch&auml;uble hits back at Obama by saying: &quot;Governments should not become </font><a href="http://www.spiegel.de/international/business/0,1518,702849,00.html"><font face="Verdana" size="2">addicted to borrowing</font></a><font face="Verdana" size="2"> as a quick fix to stimulate demand. Deficit spending cannot become a permanent state of affairs.&quot; Oooch. I think most Germans agree. According to polls a majority of Germans are even against tax cuts. Can you believe it?</font></p> 
            </div>
        </content>
        <dc:subject>Economics</dc:subject>
<dc:subject>Finance</dc:subject>
<dc:subject>Financial Crisis</dc:subject>
<dc:subject>Germany</dc:subject>
<dc:subject>Obama</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1399-US,-France-and-Germany-Divisions-and-Lack-of-Professionalism-Everywhere.html" rel="alternate" title="US, France and Germany: Divisions and Lack of Professionalism Everywhere" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-06-23T22:50:08Z</published>
        <updated>2010-06-30T18:48:38Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1399</wfw:comment>
    
        <slash:comments>20</slash:comments>
        <wfw:commentRss>http://atlanticreview.org/rss.php?version=atom1.0&amp;type=comments&amp;cid=1399</wfw:commentRss>
    
            <category scheme="http://atlanticreview.org/categories/12-German-Politics" label="German Politics" term="German Politics" />
            <category scheme="http://atlanticreview.org/categories/2-US-Foreign-Policy" label="US Foreign Policy" term="US Foreign Policy" />
    
        <id>http://atlanticreview.org/archives/1399-guid.html</id>
        <title type="html">US, France and Germany: Divisions and Lack of Professionalism Everywhere</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <p><font face="Verdana">We all need more team spirit. Obama's Afghanistan team is in disarray. Their egos seem to be as bloated as the ego's in the French soccer team. </font></p>
<p><font face="Verdana">While President Obama is angry with </font><a href="http://www.nytimes.com/2010/06/24/us/politics/24mcchrystal.html?hp"><font face="Verdana">McChrystal's</font></a><font face="Verdana"> frank comments and perhaps insubordination, President Sarkozy is </font><a href="http://www.guardian.co.uk/world/2010/jun/23/sarkozy-henry-meeting-world-cup-fiasco"><font face="Verdana">reportedly</font></a><font face="Verdana"> furious over the national team's behaviour inside and outside the soccer stadiums. It was not really a &quot;team.&quot; He even cleared his schedule for a one hour meeting with the captain on the day of a general labor strike. That shows how important the soccer team is for France as a symbol of national integration and unity. </font></p>
<p><a href="http://www.thesun.co.uk/sol/homepage/sport/football/worldcup2010/3026341/Ghana-0-Germany-1.html"><font face="Verdana"><img width="233" height="284" align="left" src="http://atlanticreview.org/uploads/sun.png" style="margin: 0px 10px 0px 0px; display: inline;" alt=""  /></font></a><font face="Verdana">Germany's coalition government has been in </font><a href="http://www.guardian.co.uk/world/2010/jun/14/angela-merkel-germany-coalition-collapse"><font face="Verdana">disarray</font></a><font face="Verdana"> for months as well with some calling each other &quot;wild pigs&quot; and &quot;gherkin troops&quot; (rank amateurs). (There are also rumors that one cabinet member called the defense minister &quot;rumpelstiltskin.&quot;) Though, thanks to the national soccer team's victory over Ghana today, Merkel's government won't collapse yet. ;-) <br /></font></p>
<p><font face="Verdana">If Germany had failed to make it into the round of sixteen for the first time in history, it would have been a national fiasco. Let's do not forget that the German coach is not called &quot;Trainer der Nationalmannschaft,&quot; but goes by the official sounding name &quot;Bundestrainer,&quot; just like the top government titles &quot;Bundeskanzler,&quot; &quot;Bundespr&auml;sident&quot; etc.</font></p>
<p><font face="Verdana">On Sunday, we will play against England. One British fan said on TV that the world cup was invented for England and Germany to play against each other. Good point. Still, it is regrettable (but not at all surprising) that the British tabloid </font><a href="http://www.thesun.co.uk/sol/homepage/sport/football/worldcup2010/3026341/Ghana-0-Germany-1.html"><font face="Verdana">The Sun</font></a><font face="Verdana"> uses military language to describe the upcoming match. Come on, guys. It's just soccer. The real war is in Afghanistan.</font><br /></p> <br /><a href="http://atlanticreview.org/archives/1399-US,-France-and-Germany-Divisions-and-Lack-of-Professionalism-Everywhere.html#extended">Continue reading "US, France and Germany: Divisions and Lack of Professionalism Everywhere"</a>
            </div>
        </content>
        <dc:subject>Afghanistan</dc:subject>
<dc:subject>France</dc:subject>
<dc:subject>Germany</dc:subject>
<dc:subject>Merkel</dc:subject>
<dc:subject>Military</dc:subject>
<dc:subject>Obama</dc:subject>
<dc:subject>Oil and Gas</dc:subject>
<dc:subject>Soccer</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1398-Austerity-and-Regulation-vs.-Stimulus-The-Latest-Transatlantic-Squabble.html" rel="alternate" title="Austerity and Regulation vs. Stimulus: The Latest Transatlantic Squabble" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-06-21T22:31:07Z</published>
        <updated>2010-06-28T19:51:12Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1398</wfw:comment>
    
        <slash:comments>7</slash:comments>
        <wfw:commentRss>http://atlanticreview.org/rss.php?version=atom1.0&amp;type=comments&amp;cid=1398</wfw:commentRss>
    
            <category scheme="http://atlanticreview.org/categories/8-International-Economics" label="International Economics" term="International Economics" />
            <category scheme="http://atlanticreview.org/categories/3-Transatlantic-Relations" label="Transatlantic Relations" term="Transatlantic Relations" />
    
        <id>http://atlanticreview.org/archives/1398-guid.html</id>
        <title type="html">Austerity and Regulation vs. Stimulus: The Latest Transatlantic Squabble</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <p><font face="Verdana">Ahead of the G-20 summit we are witnessing rising German-American disagreements. Germany wants to reform the financial markets and deal with the debt crisis, while US academics and the president prefers economic stimulus plans and criticize the teutonic export champion. </font><a href="http://www.spiegel.de/international/business/0,1518,701894,00.html"><font face="Verdana">Spiegel International</font></a><font face="Verdana">:</font></p>
<blockquote>
<p><font face="Verdana">Krugman is far from alone with his concerns about German and European austerity packages. Last week, US President Barack Obama sent a letter to other G-20 countries in which he fired a not-so-subtle shot across Berlin's bow. &quot;I am concerned about weak private sector demand and continued heavy reliance on exports by some countries with already large external surpluses,&quot; he wrote in a clear reference to Germany. He also warned against reversing economic stimulus policies too soon. &quot;We worked exceptionally hard to restore growth,&quot; he wrote. &quot;We cannot let it falter or lose strength now.&quot;</font></p>
<p><font face="Verdana">Germany and France were hoping that the G-20 summit would focus on measures aimed at reforming global financial markets. In particular, Merkel would like to see an international tax on financial transactions as well as a mandatory bank levy, which would go towards a fund to be used to bail out banks in future crises. But opposition to both proposals has been stiff. And the US, in particular, is hoping to use the G-20 to push for more economic stimulus rather than less, given ongoing high unemployment at home.</font></p>
</blockquote>
<p><font face="Verdana">Personally, I am not sure, if the US and Europe really need <em>and</em> can afford more stimulus plans right now. They make the long-term debt crisis worse. Besides, tax cuts do not lead to more consumer spending, when citizens are smart enough to realize that the economy and government finances are in trouble and consider tax cuts for what they are: desperate measures to stimulate growth. In those cases citizens use the tax cuts to save more money to prepare for the worst. Of course, stimulus is more than tax cuts.</font></p>
<p><font face="Verdana"><strong>ENDNOTE</strong>: I am sorry for the lack of blogging. In the last six weeks, I learned quite a lot of stuff the hard way: First, a new bike with strong front wheel breaks is not necessarily a good thing. Second, I cannot fly. Third, a broken elbow joint requires two surgeries, the second one kept three doctors over four hours busy. Fourth, doctors and nurses are nicer and more caring than I thought. Even the hospital food was good. Our health care system is still okay. Fifth, even if only the elbow is broken, fingers don't work (typing etc.) very well. Regaining full flexibility apparently takes months. Sixth, o</font><font face="Verdana">ne can get quite a lot done with just one functioning arm. Now &quot;I'm a graduate of pain.&quot; Yeah.</font></p> 
            </div>
        </content>
        <dc:subject>Debt</dc:subject>
<dc:subject>deficit</dc:subject>
<dc:subject>Dollar</dc:subject>
<dc:subject>Economics</dc:subject>
<dc:subject>Euro</dc:subject>
<dc:subject>Finance</dc:subject>
<dc:subject>Financial Crisis</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1396-NATOs-Niche.html" rel="alternate" title="NATO's Niche" />
        <author>
            <name>Andrew Zvirzdin</name>
                    </author>
    
        <published>2010-05-20T19:23:55Z</published>
        <updated>2010-05-22T17:43:41Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1396</wfw:comment>
    
        <slash:comments>7</slash:comments>
        <wfw:commentRss>http://atlanticreview.org/rss.php?version=atom1.0&amp;type=comments&amp;cid=1396</wfw:commentRss>
    
            <category scheme="http://atlanticreview.org/categories/3-Transatlantic-Relations" label="Transatlantic Relations" term="Transatlantic Relations" />
    
        <id>http://atlanticreview.org/archives/1396-guid.html</id>
        <title type="html">NATO's Niche</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <font size="2" face="Verdana">How will a military alliance continue to function if many of its members are opposed to armed interventions and if modern security threats have moved beyond concerns over territorial integrity?<br /><br />Answer: Turn the military alliance into something completely different.<br /><br />That at least seems to be the conclusion of the group of experts tasked with creating a draft of NATO's new strategic concept. Their <a href="http://www.nato.int/cps/en/natolive/news_63644.htm">findings</a>, released this week, envision a NATO defined by a host of new responsibilities from multilateral weapons procurement to cyber defenses to expeditionary actions. In her presentation as the group's chairperson, Madeleine Albright said &quot;NATO is more than a military alliance; it is also a political community.&quot;<br /><br />I would agree with Albright's perspective on NATO. Since NATO's efforts in the 1990s to encourage democratization in Eastern Europe, the alliance has assumed greater responsibilities in political, economic, and security fields. NATO's scope has certainly expanded beyond preserving the territorial integrity of its members, though this remains a central aspect of the organization's DNA. In this sense, the group of experts are merely highlighting what is already the case: NATO is no longer simply a defensive alliance. <br /><br />But what is NATO exactly? If not a military alliance, then what? Secretary General Anders Fogh Rasmussen has <a href="http://www.reuters.com/article/idUSTRE6160GW20100207">said</a> that NATO should become the &quot;the forum for consultation on global security.&quot; Secretary Albright <a href="http://www.google.com/hostednews/afp/article/ALeqM5g5llmaiylpHxpywdO3lT6hqOxjTw">sees</a> the alliance developing &quot;partnerships&quot; with key countries, with Russia on the top of that list. And some EU leaders simply <a href="http://euobserver.com/13/30085">hope</a> that NATO can act to help member states streamline military expenditures and reduce redundancies. I believe NATO must be careful to not try to be everything to everyone. It must seek to focus only on those areas where it can provide real added value to its members states and the international community.<br /><br />What do you think? What is NATO's niche in the international community? How should the forthcoming strategic concept envision the future of NATO?<br /></font> 
            </div>
        </content>
        <dc:subject>Defense</dc:subject>
<dc:subject>NATO</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1393-The-Euro-Comes-of-Age.html" rel="alternate" title="The Euro Comes of Age" />
        <author>
            <name>Andrew Zvirzdin</name>
                    </author>
    
        <published>2010-05-11T01:30:49Z</published>
        <updated>2010-05-13T19:19:54Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1393</wfw:comment>
    
        <slash:comments>46</slash:comments>
        <wfw:commentRss>http://atlanticreview.org/rss.php?version=atom1.0&amp;type=comments&amp;cid=1393</wfw:commentRss>
    
            <category scheme="http://atlanticreview.org/categories/8-International-Economics" label="International Economics" term="International Economics" />
    
        <id>http://atlanticreview.org/archives/1393-guid.html</id>
        <title type="html">The Euro Comes of Age</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <font size="2" face="Verdana">Sixteen months ago, I began to grow worried about Greece's debt problems and its implications for the euro. At the time, I <a href="http://newsweek.washingtonpost.com/postglobal/sais/nexteurope/2009/01/will_the_euro_survive.html">wrote</a>, <br /></font><blockquote><font size="2" face="Verdana">The euro area has yet to demonstrate its cohesiveness when confronted with the growing economic divergence of its member states and even the specter of a sovereign debt default....Leaders will have to act together to show their commitment to preserving the single monetary policy in the euro area.<br /></font></blockquote><font size="2" face="Verdana">Yesterday, EU leaders rose to the challenge and solidified the euro's position in world monetary affairs. The <a href="http://www.ft.com/cms/s/0/f96a6c14-5b48-11df-85a3-00144feab49a.html">announced</a> $1 trillion package does more than provide indebted countries with a source of funds during periods of crisis; it demonstrates the commitment of leaders to the concept of European integration. In so doing, European officials have significantly increased the credibility of the EU in the eyes of their American counterparts and taken the first step towards some degree of fiscal integration.<br /><br />A few details of the announced aid package are particularly noteworthy:<br /><br /></font> <br /><a href="http://atlanticreview.org/archives/1393-The-Euro-Comes-of-Age.html#extended">Continue reading "The Euro Comes of Age"</a>
            </div>
        </content>
        <dc:subject>Bailout</dc:subject>
<dc:subject>Euro</dc:subject>
<dc:subject>Financial Crisis</dc:subject>
<dc:subject>Greece</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1391-Who-Are-the-Major-Players-in-Transatlantic-Relations.html" rel="alternate" title="Who Are the Major Players in Transatlantic Relations?" />
        <author>
            <name>Joerg Wolf</name>
                    </author>
    
        <published>2010-04-30T16:55:00Z</published>
        <updated>2010-05-07T03:34:54Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1391</wfw:comment>
    
        <slash:comments>48</slash:comments>
        <wfw:commentRss>http://atlanticreview.org/rss.php?version=atom1.0&amp;type=comments&amp;cid=1391</wfw:commentRss>
    
            <category scheme="http://atlanticreview.org/categories/3-Transatlantic-Relations" label="Transatlantic Relations" term="Transatlantic Relations" />
    
        <id>http://atlanticreview.org/archives/1391-guid.html</id>
        <title type="html">Who Are the Major Players in Transatlantic Relations?</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <p><font face="Verdana">TIME Magazine has just published its annual list of the world's most influential people. Some strange results. </font></p>
<p><font face="Verdana">I think we should come up with our own list. Therefore </font><a href="http://atlantic-community.org/index/articles/view/Who_Are_the_Major_Players_in_Transatlantic_Relations%3F_"><font face="Verdana">I am asking at atlantic-community.org</font></a><font face="Verdana">: Who are the biggest movers and shakers in transatlantic relations? Who is setting the transatlantic agenda right now? Who are the most influential leaders and thinkers? </font><font face="Verdana">I would appreciate your suggestions. </font></p> 
            </div>
        </content>
        <dc:subject>AC</dc:subject>
<dc:subject>Think Tank</dc:subject>

    </entry>
    <entry>
        <link href="http://atlanticreview.org/archives/1392-Anxiously-Waiting-on-a-Trojan-Horse.html" rel="alternate" title="Anxiously Waiting on a Trojan Horse" />
        <author>
            <name>Editors</name>
                    </author>
    
        <published>2010-04-30T16:50:27Z</published>
        <updated>2010-05-01T19:46:35Z</updated>
        <wfw:comment>http://atlanticreview.org/wfwcomment.php?cid=1392</wfw:comment>
    
        <slash:comments>3</slash:comments>
        <wfw:commentRss>http://atlanticreview.org/rss.php?version=atom1.0&amp;type=comments&amp;cid=1392</wfw:commentRss>
    
            <category scheme="http://atlanticreview.org/categories/14-European-Issues" label="European Issues" term="European Issues" />
            <category scheme="http://atlanticreview.org/categories/8-International-Economics" label="International Economics" term="International Economics" />
    
        <id>http://atlanticreview.org/archives/1392-guid.html</id>
        <title type="html">Anxiously Waiting on a Trojan Horse</title>
        <content type="xhtml" xml:base="http://atlanticreview.org/">
            <div xmlns="http://www.w3.org/1999/xhtml">
                <p><em><font face="Verdana">Guest post by Joe Joe Noory is an Architect, investor, and independent observer of news and opinion:</font></em></p>
<p><font face="Verdana">Somewhere between the </font><a href="http://www.spiegel.de/international/europe/0,1518,691810,00.html"><font face="Verdana">emotional populism</font></a><font face="Verdana"> of wanting to burden the higher performing European states with guilt over resisting to bail out the Greek government, and the risk investors are being offered to take are the hard truths of bailing out of the broke Greek government by investing in their bonds: they might not just default on ?8,5 billion in obligations to bond purchasers due </font><a href="http://www.businessweek.com/news/2010-04-28/greek-junk-contagion-presses-eu-to-broaden-bailout-update2-.html"><font face="Verdana">on 19 May</font></a><font face="Verdana">, but run the risk of never being paid back for future bond offerings (of perhaps two years or less), much in the way depositors in an uninsured </font><a href="http://www.timesonline.co.uk/tol/money/savings/article4898782.ece"><font face="Verdana">failed bank</font></a><font face="Verdana"> will never see a red pfennig of their invested savings on a default.</font></p>
<p><a href="http://www.cesifo-group.de/portal/page/portal/ifoHome"><font face="Verdana">Ifo</font></a><font face="Verdana">'s Hand-Werner Sinn indicated that very same sentiment on Wednesday morning, according to </font><a href="http://www.thelocal.de/national/20100428-26839.html"><font face="Verdana">this</font></a><font face="Verdana"> wire piece:</font></p>
<blockquote>
<p><font face="Verdana">The warning came as a new poll showed nearly two-thirds of Germans were opposed to helping Greece, with a majority believing that membership of the EU brought more disadvantages than advantages.       Asked on MDR radio if Berlin would ever get its money back, Sinn, who heads the Ifo institute and is one of the top economic advisers to the government, said: &quot;To tell you the truth, no.&quot;        <br />Greece &quot;will not be in a position to carry out the necessary budgetary rigour&quot; and will eventually have &quot;to ask for Germany to waive the debt,&quot; he said.        <br />He warned that bailing out Greece could set a precedent for other euro area countries labouring under high debt and public deficits.        &quot;It would be understandable if the Italians or the Spanish put pressure on us to pay up now because it is an important precedent for them,&quot; said Sinn.</font></p>
</blockquote>
<p><font face="Verdana">Before you react, take the statement for what it is: a warning. It isn't a characterization of the ur-Greek citizen, or a nationalistic reflection, or a cultural issue, but a warning that the discipline to raise revenue and cut budgets in face of the street protests and strikes of civil servants and dependants on entitlements. It isn't a characterization of what they did, but a warning of future events, one which prices them and tells us what something is really worth, just as watching those who short an equity or commodity does.</font></p> <br /><a href="http://atlanticreview.org/archives/1392-Anxiously-Waiting-on-a-Trojan-Horse.html#extended">Continue reading "Anxiously Waiting on a Trojan Horse"</a>
            </div>
        </content>
        <dc:subject>Debt</dc:subject>
<dc:subject>Euro</dc:subject>
<dc:subject>Europe</dc:subject>
<dc:subject>Finance</dc:subject>
<dc:subject>Financial Crisis</dc:subject>
<dc:subject>Germany</dc:subject>
<dc:subject>Greece</dc:subject>

    </entry>

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