Faced with voter anger at the failure of monetary and fiscal stimulus to stimulate, the Obama administration and the Federal Reserve are doubling down.
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Few regimes have played more deftly the sinister game of confining and torturing innocent persons in rat-infested jails only to win praise for using them as bargaining chips in subsequent negotiations. [...] The mediocrity of the spy ring reveals about the decadence of present-day Russia. [...] The kind of reshuffling of international hierarchies that the G-20 group of nations is trying to generate nowadays, so far without much success, really takes place at the World Cup, an event whose audience is comparable to the Olympics. [...] The ETA, weakened by the police in recent years, has not killed anyone since 2003. [...] The best one can say about the Doha meetings is that both rich and poor countries have become pretty sophisticated at appearing to be making concessions they are not really making at all. [...] For decades, the French have lived under the pretense that their parasitical social model could last forever. [...] The Hispanic market continues to grow strongly, but native-born Hispanic Americans, rather than new immigrants, are the real force behind this expansion. Hugo Chávez has undertaken a massive military build-up, crushed freedom of the press, and continues to provide the United States with 60% of Venezuela’s oil exports. [...] Thanks to bold reform, ex-communist countries have taken some 40 million people out of poverty in the last seven years. [...] A campaign has been raging against one of the few success stories in Latin America’s economy, Chile’s private pensions. [...] One would think 6,000 charred cars, the destruction of countless shops and other types of property in 300 towns would persuade the French to question their social model. [...] The United States, Mexico, and the Central American republics are among the countries that feel threatened by China’s presence in Latin America. [...] Brazilian President Lula da Silva's once larger-than-life reputation has been reduced to tatters by a seemingly endless corruption scandal. [...] Since 1948, not a single country has significantly reduced poverty as a result of foreign aid. [...] |
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