Word: indonesia
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...People at Moody's and Standard & Poor's are used to catching flak when debt markets blow up. Why didn't they see the bankruptcy of California's Orange County coming in 1994? Why did they fail to account for the currency risks brewing in Thailand and Indonesia and South Korea in 1997? And how was it that they were still rating Enron's debt as investment grade four days before the company went belly...
Barack Obama's third book arrived in bookstores this week. Called Hussein Is My Middle Name, it describes his devotion to Islam, his terrorist training at a madrasah in Indonesia and his commitment to wasteful government spending and tax increases. The book also details the romantic story of how he fell in love with his wife Michelle when he heard her declare how much she hates America...
...more foreign workers, they tend to hire more American workers as well. Everyone benefits from the lower prices that result from companies moving overseas. Globalization doesn’t hit only the U.S. either. This year, some 10,000 Chinese factories are expected to relocate to cheaper spots like Indonesia and Vietnam. We won’t complain when laptop prices drop. Still, Obama hopes to revise the North American Free Trade Agreement, his most perplexing proposal yet. He wants to impose labor and environmental standards on Canadian and Mexican companies, so U.S. companies face “fair?...
...despite being the subject of a new sanctions package adopted by the overwhelming consensus at the Security Council (Indonesia's abstention was the only discordant note), Iran is not feeling particularly isolated or pressured. The Council vote came on the same day that President Mahmoud Ahmadinejad concluded his historic state visit to Baghdad, where he was feted and hailed as a friend by a government entirely dependent on the U.S. for its security. Nor is Iraq alone among Arab states in ignoring Washington's calls for Iran's isolation. Ahmadinejad was the personal guest of the Saudi king during...
...missed opportunity. He could have explained that he has nothing to hide. Explained why there's nothing wrong with him dressing in ceremonial clothes on official visits - like batik Bill in Indonesia in 1994 or headscarf Hillary in Eritrea in 1997. Maybe even explained why his middle name is Hussein - what his heritage means, and what it doesn't mean. In short, to reintroduce himself to those general election voters who are just starting to pay closer attention...