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...America is not the only country turning to protectionist barriers. In a similar vein, French policymakers have included protectionist measures in their stimulus bill, though European Union complaints have made them temper their proposals. Furthermore, for all his talk of avoiding economic nationalism in his speech to the U.S. Congress on Wednesday, British Prime Minister Gordon Brown has called for “British jobs for British workers.” Though the rhetoric of short-term political gain is attractive, it is definitely detrimental for everyone playing the game. Economic nationalism gives rise to a prisoner?...

Author: By Pierpaolo Barbieri | Title: Don't Buy American | 3/5/2009 | See Source »

...British ambassador to the United States, rather than Queen Elizabeth II, who knights only British subjects. A date for the ceremony has not yet been set, Pickerill said. Brown, who is currently visiting the U.S., announced Kennedy’s award during a speech before a Joint Meeting of Congress. “I hope that you will allow me to single out for special mention today one of your most distinguished Senators, known in every continent and a great friend,” Brown said. Nominations for knighthood are submitted to the British Foreign Office in London, where...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Senator Ted Kennedy welcomed as a member of the Most Excellent Order of the British Empire | 3/5/2009 | See Source »

...hypocrite. The current media favorite is President Obama, who sought earmarks as a senator, criticized earmarks as a candidate, and now plans to sign a spending bill stuffed with nearly 9,000 earmarks. But what about earmark-addicted Republicans, who oversaw an unprecedented explosion of earmarks when they controlled Congress, resisted efforts by Obama and other Democrats to inject accountability into the earmark process, and even grabbed over 40% of the earmarks in the current bill, yet have the gall to blast Obama's cave-in? Even John McCain, the leading crusader against earmarks, who railed against Obama's acceptance...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

...have landed politicians like former Republican congressman Randy "Duke" Cunningham in prison. Those abuses were especially rampant when congressmen were permitted to slip earmarks into legislation without taking responsibility - non-earmarked earmarks, in a way - but Obama helped spearhead an effort to eliminate that practice after Democrats took back Congress. It is also true that earmarks can be a sneaky way for boondoggles to bypass hearings, public comment periods, cost-benefit analyses and other forms of scrutiny. But the Constitution does give Congress the power of the purse, and earmarks can sometimes be the only way for congressmen to force...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

...name after himself. But earmarks are not the only way they bring home the bacon. In fact, the earmarks in the current budget bill amount to only $7.7 billion, less than 2% of the overall spending. But they will get 98% of the attention. This happens every time Congress passes a spending bill; the media focus on earmarks, which often sound funny and vaguely scandalous, while ignoring the rest of the substance of the bill...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

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