In mid-September President Barack Obama mounted Theodore Roosevelt’s bully pulpit and railed against market greed to an audience of corporate tycoons. The objects of his derision included, and were limited to, bankers, financiers, and speculators in the 'private' financial community. Notably absent from the enemy bankers list were quasi-government banking corporations and America’s central bankers. read more »
Balding, affable and passionate, Uranio Adolfo Arrendondo may not be a general or political leader, but he stands on the front lines of a critical battle facing Mexico in the coming decade. This struggle is not primarily about the drug wars, which dominate the media coverage--and thus our perceptions--of our southern neighbor. It concerns the economic and political forces stunting the aspirations of its people. read more »
Germany likes to brag about its green credentials. It is a source of pride and it is justified to a certain extent. The country, which is located on the same latitude as Canada, had the largest number of installed solar panels as of 2007. read more »
You don't have to be a genius, or a conservative, to recognize that California's experiment with ultra-progressive politics has gone terribly wrong. Although much of the country has suffered during the recession, California's decline has been particularly precipitous--and may have important political consequences.
Outside Michigan, California now suffers the highest rate of unemployment of all the major states, with a post-World War II record of 12.2%. This statistic does not really touch the depth of the pain being felt, particularly among the middle and working classes, many of whom have become discouraged and are no longer counted in the job market. read more »
As host of the G-20 summit, Pittsburgh briefly will sit in the global spotlight. With this article by longtime Pittsburgh resident and columnist Bill Steigerwald, New Geography opens a three part series looking at this intriguing metropolis from the point of view of planning, demography and economic performance.
Pittsburgh didn’t volunteer to host the G-20 Summit that is coming here next week to inflict so much civic pain and disruption. read more »
Barack Obama goes to this week's Pittsburgh G-20 with what seems the weakest hand of any American president since Gerald Ford. In reality, he has a far stronger set of cards to play — he just needs to recognize it.
Our adversaries may like our new president, but they don't fear him. And, on the surface, why should they? The national debt is rising faster than the vig for a compulsive, debt-ridden gambler. And our primary rivals, the Chinese, continue to put the squeeze on American producers by devaluing their currency, subsidizing exports and penalizing imports. read more »
Mathew Taunton opens his review of “The Future of Community – Reports of a Death Greatly Exaggerated” (Note 1) with the observation that:
“Community is one of the most powerful words in the language, and perhaps because of this it is frequently misused. A profoundly emotive word, it is also a coercive one, and a key political buzzword in modern times. That community is being eroded in modern Britain is a matter of cross-party consensus, and it is also widely agreed that one of the state’s roles is to devise means of counteracting the decline of communities.” read more »
California may yet be a civilization that is too young to have produced its Thucydides or Edward Gibbon, but if it has, the leading candidate would be Kevin Starr. His eight-part “Dream” series on the evolution of the Golden State stands alone as the basic comprehensive work on California. Nothing else comes remotely close. read more »
Most American cities chose not to bid on the 2016 summer Olympics and with good reason. With the exception of the 1984 Los Angeles games, the Olympics has proved a big time money loser in city after city. More often than not, it has been staged more for the prestige – think of Berlin in 1936 or China in 2008 – it brings to regimes, particularly autocratic ones.
In Chicago, prestige is important, but graft is the real king. In Chicago, one of the most corrupt big cities, the Olympics represents, more than anything, a grand chance for a giant heist. read more »
For the time being, battles over health care and energy seem likely to occupy the attention of both the Obama administration and its critics. Yet although now barely on the radar, there may be another, equally critical conflict developing over how Americans live and travel.
Right now this potential flash point has been relegated to the back burner, as Congress is likely to put any major transportation spending initiative on hold for at least a year, and perhaps longer. This also may be a symptom of mounting concerns over the deficit. Financing major changes in transportation, for example, would probably require higher federal fuel taxes, which would not fly amid a weak economy. read more »