Saturday, October 30, 2010
It’s Morning in India - NYTimes.com
"It looks, said Srivastava, as if “what is happening in America is a loss of self-confidence. We don’t want America to lose self-confidence. Who else is there to take over America’s moral leadership? American’s leadership was never because you had more arms. It was because of ideas, imagination, and meritocracy.” If America turns away from its core values, he added, “there is nobody else to take that leadership. Do we want China as the world’s moral leader? No. We desperately want America to succeed.”
This isn’t just so American values triumph. With a rising China on one side and a crumbling Pakistan on the other, India’s newfound friendship with America has taken on strategic importance. “It is very worrying to live in a world that no longer has the balance of power we’ve had for 60 years,” said Shekhar Gupta, editor of The Indian Express newspaper. “That is why everyone is concerned about America.”
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Friday, October 29, 2010
India To Fly Tejas LSP-5 Soon | AVIATION WEEK
Thursday, October 28, 2010
Wednesday, October 27, 2010
The Horror, The Horror... and the Pity | Foreign Policy
James T. Kloppenberg Discusses His ‘Reading Obama’ - NYTimes.com
Tuesday, October 26, 2010
Ford Posts 6th Straight Profitable Quarter - NYTimes.com
I guess one can thank Ford Jr, Allan Mulally and Boeing for making this happen :)!
Monday, October 25, 2010
Sunday, October 24, 2010
Saturday, October 23, 2010
British Fashion Victims - NYTimes.com
"That is, premature fiscal austerity will lead to a renewed economic slump. As always, those who refuse to learn from the past are doomed to repeat it.
Thursday, October 14, 2010
Wednesday, October 13, 2010
Op-Ed Columnist - Build ’Em and They’ll Come - NYTimes.com
American Carmakers Are Getting Another Look - NYTimes.com
Tuesday, October 12, 2010
Op-Ed Columnist - Hey, Small Spender - NYTimes.com
"But if they won’t say it, I will: if job-creating government spending has failed to bring down unemployment in the Obama era, it’s not because it doesn’t work; it’s because it wasn’t tried.
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Friday, October 08, 2010
Op-Ed Columnist - The End of the Tunnel - NYTimes.com
Nobel Peace Prize Given to Jailed Chinese Dissident - NYTimes.com
I firmly believe that China’s political progress will never stop, and I’m full of optimistic expectations of freedom coming to China in the future, because no force can block the human desire for freedom,” he said. China will eventually become a country of rule of law in which human rights are supreme.
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Thursday, October 07, 2010
Tuesday, October 05, 2010
Friday, October 01, 2010
TARP Cost Will Be Less Than Once Thought - NYTimes.com
"For those who were screaming at me — and screaming was the operative word — ‘You’ve just saddled our children and grandchildren with $700 billion,’ I said, ‘No, I haven’t,” Mr. Bennett said in an interview.
“My career is over,” he added. “But I do hope that we can get the word out that TARP, number one, did save the world from a financial meltdown and, number two, did so in a manner that, I believe, won’t cost the taxpayer anything. And even if it did not all get paid back, it was still the thing to do.”
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Op-Ed Columnist - Taking On China - NYTimes.com
So what will the bill accomplish? It empowers U.S. officials to impose tariffs against Chinese exports subsidized by the artificially low renminbi, but it doesn’t require these officials to take action. And judging from past experience, U.S. officials will not, in fact, take action — they’ll continue to make excuses, to tout imaginary diplomatic progress, and, in general, to confirm China’s belief that they are paper tigers.
The Levin bill is, then, a signal at best — and it’s at least as much a shot across the bow of U.S. officials as it is a signal to the Chinese. But it’s a step in the right direction.
For the truth is that U.S. policy makers have been incredibly, infuriatingly passive in the face of China’s bad behavior — especially because taking on China is one of the few policy options for tackling unemployment available to the Obama administration, given Republican obstructionism on everything else. The Levin bill probably won’t change that passivity. But it will, at least, start to build a fire under policy makers, bringing us closer to the day when, at long last, they are ready to act.