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...Sarkozy may have a short window for making progress. "Nicolas Sarkozy uses his energy and good faith to change the world - and that has had its chance as an alternative to the universally rejected Bush doctrine," wrote editorialist Yves Thréard in the French daily Le Figaro on Friday. "But Obama taking command will alter that equation, and risks crowding [Sarkozy...
...Palestinian conflict. And the diplomatic moves already afoot by the U.S. and Europeans - and the mounting pressure on Arab regimes, including that of Palestinian Authority President Mahmoud Abbas in Ramallah, to intervene even if their unstated preference is to see Hamas hobbled - suggest that Operation Cast Lead's diplomatic window of opportunity will close a lot sooner. For all the above reasons, Barak and Olmert are wary of ordering the army in because they may not have an easy exit strategy...
...even at the cost of Israeli casualties. They also fear that the coming Israeli election - in which both Barak and Foreign Minister Tzipi Livni are candidates, but the more hawkish Likud leader Benjamin Netanyahu is the front runner - may be complicating Israel's decision-making. So even if the window of opportunity is closing, there may yet be a brief ground incursion...
...Kinsley's latest missive in TIME falls prey to one of the oldest traps in economics - Frédéric Bastiat's broken-window fallacy. Just as a broken window creates work for the glazier at the expense of the window owner, money that Kinsley hopes to inject into the economy must first be taken out of it. Add in collection costs and the usual political malfeasance, and we have a net loss to the economy. There's more: Kinsley argues that last summer's high oil prices were essentially a tax on consumers; the money just went...
That evening, as families finished their Christmas Eve dinners, the astronauts pointed their camera out the window and beamed home a grainy, gray view of the alien world they were circling. Everywhere on the planet, viewers tuned in, making up what was then the largest TV audience in history. Borman, Lovell and Anders had been instructed to do whatever they felt was appropriate to mark the moment. A friend of Borman's had suggested they read from the book of Genesis, and so its first 10 verses had been typed up on a piece of fireproof paper before the crew...