Word: natione
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Imagining India: The Idea of a Renewed Nation By Nandan Nilekani Penguin Press; 528 pages...
...made on CNN's State of the Union talk show. He observed that if Congress approves the budget as it has been proposed by the Administration and deficits consequently move up at the rate that the Congressional Budget Office has projected in its analysis of the budget, the nation will become bankrupt and people would stop buying American debt. (See the 25 people to blame for the financial crisis...
...government says that Detroit is a "strategic" part of the economy. Saving The Big Three is as important as keeping the nation's large banks operating to maintain the flow of credit. But, the comparison is bogus. As John McCain, a military man much of his life, liked to point out to the President during the election, there is a difference between strategy and tactics. There is nothing strategic about Detroit. Over 50% of the cars sold in the U.S. are made by foreign companies. There is no reason that the number cannot go to 80%. It serves the national...
What effect do newspaper closings really have on a town? Or a nation? Depending on a person's reading habits, the answers to these questions range from "It's the death of democracy!" to "Newspapers? What newspapers?" But with the demise of two major metropolitan dailies, the 149-year-old Rocky Mountain News and the almost equally venerable 145-year-old Seattle Post-Intelligencer in the last month alone, the issue is becoming a matter of practical rather than just theoretical concern. (See the 10 Most Endangered Newspapers in America...
...Wang and Son also direct their ire at targets at home. They assert that China suffers from weaknesses in its political system and that democracy should be the nation's ultimate goal. But when they discuss democracy they are more likely to highlight the failures of India and the Philippines than to mention the top 20 nations on the United Nations Development Programs human-development index, which are all democratic. In that regard they are much like the Chinese Communist Party, which says it is pursuing democracy "with Chinese characteristics," but argues that any moves to lessen its grip...