Word: administrationitis
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There are plenty of reasons to believe that small businesses aren't getting the credit they need. In the last three months of 2009, business lending at smaller banks, which tend to cater to smaller companies, was down at a 13% annual rate, according to the Federal Reserve. Not only...
The reason: Hale's company is in good financial shape and part of a booming industry. Even though the U.S. hasn't seen a new nuclear power plant since 1996, there are now dozens on the drawing board, and the Obama Administration has announced loan guarantees to build new plants...
CELAC does reflect the U.S.'s declining hegemony in the western hemisphere. (For its part, the Obama Administration says it wants more of a "partnership" with Latin America instead of the traditional U.S. dominance.) But if history is any guide, it's doubtful that the situation will lead to anything...
So what did all this venting of spleen actually accomplish? Not much. Netanyahu apologized for the timing of the housing announcement, but then the Israelis declared they would proceed with the construction of the new homes in Jerusalem anyway - and even started taking bids for 300 more. The Administration's...
One option is to adhere to the previous Administration's philosophy, which held that the U.S. cannot want peace more than the parties themselves. But America's security interests in the greater Middle East won't be met without a lasting solution to the Israeli-Palestinian conflict. A second option...