Hockey moms and capital markets
From AsiaTimes
Oct 7, 2008
Hockey moms and capital markets
By Spengler
Why do Asian investors depend on American capital markets? Given the near breakdown of key sectors of the American market, one might expect Asians to bring their money home. Quite the opposite has happened: Asian currencies have fallen sharply against the American dollar. Read more
Foreign Policy
October 1, 2008 by admin · Leave a Comment
The liberals’ foreign policy is an exercise in confusion. They say Iraq was a mistake from the get-go, yet also state that there can’t be a safe haven for terrorists. Which one is it? If they deny Iraq was a safe haven for terrorists, then how do they explain Abu Nadal’s shelter (he was for a time the most wanted terrorist in the world and worked out of an official Iraqi government office), or Abdul Yassin’s hiding? How can they explain Saddam’s shelter of the man who murdered Leon Klinghoffer? They cannot have it both ways.
Furthermore, the naiveté behind the liberal position is astounding. What is to be accomplished by meeting directly with murderous dictators without preconditions other than to validate them to their people? The dictators in Iran already know the stakes, they already know where the West stands, and so what is it that these meetings intend to accomplish? What compromise can there be?