Politics

The New Class Warfare

bigstock-Aerial-view-of-water-carrying--12832106.jpg

Few states have offered the class warriors of Occupy Wall Street more enthusiastic support than California has. Before they overstayed their welcome and police began dispersing their camps, the Occupiers won official endorsements from city councils and mayors in Los Angeles, San Francisco, Oakland, Richmond, Irvine, Santa Rosa, and Santa Ana. Such is the extent to which modern-day “progressives” control the state’s politics.  read more »

Understanding Chongqing and the Fall of Bo Xilai

Chongqing_Night_Yuzhong.jpg

The demise of Bo Xilai, the former Party Secretary of Chongqing, has turned into one of the biggest political scandals in China in recent memory and now includes allegations that Bo’s wife Gu Kailai is connected to the murder of a British businessman close to Bo’s family. It is even rumored the businessman, Neil Heywood, may have had an affair with Gu.  read more »

As California Collapses, Obama Follows Its Lead

bigstock-Obama-Town-Hall-4954712.jpg

Barack Obama learned the rough sport of politics in Chicago, but his domestic policies have been shaped by California’s progressive creed. As the Golden State crumbles, its troubles point to those America may confront in a second Obama term.

From his first days in office, the president has held up California as a model state. In 2009, he praised its green-tinged energy policies as a blueprint for the nation. He staffed his administration with Californians like Energy Secretary Steve Chu—an open advocate of high energy prices who’s lavished government funding on “green” dodos like solar-panel maker Solyndra, and luxury electric carmaker Fisker—and Commerce Secretary John Bryson, who thrived as CEO of a regulated utility which raised energy costs for millions of consumers, sometimes to finance “green” ideals.  read more »

Goodbye, Chicago

bigstock-Chicago-Skyline-162456.jpg

Odd as it may seem for someone known as The Urbanophile, I actually grew up in the countryside. I spent most of my childhood on a country road about four miles outside the town of Laconia, Indiana, population 50.  I always used to get confused when John Cougar sang about living in a small town, because I knew he was from Seymour, and with over 15,000 people that seemed a big town in my book.  read more »

The Myth of the Republican Party’s Inevitable Decline

bigstock-Voter-Sign-972607.jpg

The map is shifting, and Democrats see the nation’s rapidly changing demography putting ever more states in play—Barack Obama is hoping to compete in Arizona this year, to go along with his map-changing North Carolina and Indiana wins in 2008—and eventually ensure the party’s dominance in a more diverse America, as Republicans quite literally die out.  read more »

Millennial Generation Safe at Home

bigstock-Mother--Adult-Son-Portrait-2549602.jpg

Each emerging American generation of adolescents and young adults tends to have a distinctive relationship with its parents. For the Baby Boomers of the 1960s and 1970s, that relationship was often conflicted, even adversarial. For Generation X in the 1980s and 1990s it was frequently distant and disrespectful. By contrast, the interactions with their parents of most of today’s Millennial Generation (born 1982-2003) are close, loving, and friendly.  read more »

A Little Snooki in the French Presidential Campaign

N Sarkozy; Davos 2011.jpg

As a reality television series, it’s hard to beat the prime-time adventures of the French presidential election; as endless as the Republican primaries, but racier than Snooki's antics on “Jersey Shore”. This ought to give pause to anyone who is relying on Parisian politics to save the European Union.

To ensure that the Élysée Palace is inhabited occasionally by bigamists (François Mitterand), megalomaniacs (Charles de Gaulle), diamond smugglers (Valéry d’Estaing), or influence peddlers (Jacques Chirac), the presidential electoral system works like this: In the first round on April 22nd, candidates from a diverse number of parties across the spectrum will face off. If none of the candidates get more than 50 percent of the vote (unlikely), a runoff is then held two weeks later, featuring the top two finishers of round one.  read more »

Subjects:

Enjoying the Kool-Aid in Omaha

timbath-LAtraffic.jpg

I left Santa Monica for Omaha less than 3 months before the collapse of the global financial infrastructure in September 2008. The impending problems in housing and credit markets – obvious from early 2007 and exacerbated by the pile-on effect of derivatives gone wild – were increasingly in the bank of my mind. I made the decision to leave the dense urban population center of southern California and head to a place where —as recently described in an episode of The Walking Dead – there is a small population and lots of guns. I figured if the world was going to fall apart (something short of being over-run by zombies but worse than a minor recession) I’d rather not be sitting with my back to the ocean and no boat.  read more »

'Protestant Ethic' 2.0: The New Ways Religion Is Driving Economic Outperformance

Church near Wall Street.jpg

In this season when most Americans are more concerned than usual with spiritual matters, it may be time to ask whether religion still matters. Certainly religiosity’s worst side has been amply on display in recent years, from the fanaticism of Islamic terrorists to the annoying sanctimoniousness of Rick Santorum.  read more »

The Next Public Debt Crisis Has Arrived

bigstock_The_Treasury_Department_1420218.jpg

In July of 2009, while the smoke from the global financial bonfire was still thick in the air, I wrote for this website about another crisis of massive proportions just looming on the horizon: the Global Crisis in Public Debt.  read more »