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Romney may say the right things, but will he really be able to affect change? And Obama says… and does… the wrong things, and he has no reason to change. Democrats complain that Romney has no sympathy for the unemployment problem. Here is part II of Douglas Goldstein's radio show.
Douglas Goldstein interviews former Chief Economist for the International Monetary Fund (IMF) and Harvard professor Ken Rogoff on the American debt crisis.
Politicians take for granted that education is the road to empowerment and equality. Obama has read poems off his teleprompter about the wonders of education as the only means of ensuring "our" children's future. There is nothing revolutionary about that. Every politician takes it for granted that education means empowerment. But does it really?
More than any other reason, “social justice” killed Moshe Silman. Here’s why: Who confiscated his truck and for what purpose? Social security. After all, what is social security, if not the mechanism established by the state to ensure so-called social justice? It is an institution authorized to take from the “haves” and give to the “have-nots.” And from whom will the Institute for Social Justice take if not from the owner of a moving company? And to whom will it give the value of the truck? To the tycoons? Of course not. It will give the truck’s value to the have-nots, or to those who know how to hide what they have.
Few understand better than the Germans how economic self-destruction can bring a nation and the world to the edge of abyss. The crushing debt imposed on them at the end of World War I led to unprecedented hyperinflation as they monetized their obligations, running their printing presses to create millions of worthless marks.
While it is true that Silman had been treated quite heartlessly by the authorities, it is also clear that his case is by no means typical.
What is the greatest present that you can give your children when they get married? In certain communities, the answer is, “an apartment.” Many parents take on second or third mortgages, sell their own homes, or bury themselves in debt to make sure that an apartment comes along with the trousseau.
Following his victory Sunday, the 57-year-old François Hollande shouted himself hoarse, as he had done so often during the campaign, thanking his supporters for electing him president and promising to unite the whole country. But Richard Prasquier, President of the Jewish-French organizations, says one of the changes the Hollande presidency brings is a boost to the anti-Israel left.
A sluggish economy and a rising popular hostility to conservative President Nicolas Sarkozy's "American" style do not bode well for the French incumbent in...
The Jewish debt to the Turks goes back centuries, to when the Ottomans took in thousands of Jewish refugees after the Spanish and Portuguese expulsions of 1492 and 1497. Moreover, when Israel was shunned for decades by nearly every Muslim country, it was Turkey that was Israel's military ally and commercial trading partner.
If Republicans in high elective office had urged the media not to report on the ideas of Democrats on contentious issues because such reporting would tend to legitimatize really absurd notions, the protests would be deafening, especially from the likes of The New York Times. Likewise if Republicans had taken to referring to Democratic legislators who outmaneuvered them in a losing political battle as "terrorists."
Noach Dear has worn many hats during his nearly 30 years of public service. The hat he currently dons is that of a jurist, as he presides over a courtroom in Downtown Brooklyn, which handles all of the consumer debt cases in the borough. Each and every day, in Judge Dear's modest courtroom, a real-life drama unfolds as hardworking people, struggling to make ends meet, step up to the bench in a desperate effort to deal with mounting piles of debt they have scant hope of repaying. While these litigants may not be seeking millions of dollars or trying to avoid a stiff prison term, they are facing a frightening situation in which their families' financial futures are hanging in the balance.