April 3, 2009 by consumptuous
The Telegraph has posted this opinion piece, raising some interesting questions about inflation and some arguably ill-conceived attempts to remedy the global financial crisis.
The article is but a succinct and provocative note; simply food for thought. Interestingly, Hutchinson fails to mention that while the Weimar Republic was over-printing currency, they were also using that falsely-valued money to pay back deficits and balance the budget (a move that was theoretically foolish in 1923 and proven to be plain stupid for 2009).
Additionally, I have a personal gripe: Hutchinson quotes the “great economist Maynard Keynes,” who seems to be universally loved by all Britons. Talk about buzzword name-dropping; must every self-important scholar invoke Keynes? The man was undeniably influential, but now that Alan Greenspan has lost his demi-god status, must it be granted to Keynes posthumously by overly romantic jargonists?
Full Story at the Telegraph
Posted in Europe, Recommended for Consumption | Tagged Great Depression, Greenspan, Keynes, Weimar Republic | Leave a Comment »
April 3, 2009 by consumptuous
As world leaders assembled in London this week for the G20, two of the most-covered stories have been surrounding Queen Elizabeth II of England. Michelle Obama famously broke protocol with the Queen by reciprocating her embrace, which has caused quite a stir. Though much of the international response has been that of shock, perhaps the ipod presented to her by Barack Obama helped smooth things over.
Meanwhile, the Queen has “gone viral” in a YouTube video in which she shushes in exasperation the Italian prime minister Silvio Berlusconi, known for his boisterous behavior.
Posted in Europe, Recommended for Consumption, U.S. | Tagged Barack Obama, Michelle Obama, Queen Elizabeth II, Silvio Berlusconi, YouTube | 1 Comment »
April 3, 2009 by consumptuous
The latest instalment of Sahar S. Gabriel’s fascinating New York Times blog about transitioning from life in war-torn Iraq as a translator to a new life as a refugee in Detroit, Michigan.
Full Story at NY Times
Posted in Middle East, Recommended for Consumption, U.S. | Tagged Baghdad, Detroit, Iraq, Refugee | Leave a Comment »
April 3, 2009 by consumptuous

Beijing, in an expected assertion of hegemony, is making quite clear to its Western counterparts that they must remain silent on the issues of Tibet and support for the Dalai Lama. In the advent of China’s surging global influence, Tibet has now accompanied human rights issues on the back burner of foreign relations.
Such polarizing issues are often politicized in the name of “national interest,” which two disparate reports demonstrate:
China and U.S. Should Cooperate – China Post
China vs. the Dalai Lama – Japan Times
Posted in Asia, Recommended for Consumption | Tagged China, Dalai Lama, Tibet | Leave a Comment »
April 1, 2009 by consumptuous

“An Arab summit embraces the butcher of Darfur.”
The Washington Post published a very salient editorial today, pointing out the double standards of genocide demonstrated at the recent Arab League summit in Doha, Qatar.
Despite his outstanding warrant for arrest from the International Criminal Court, the Arab League stood in solidarity with the Sudanese dictator Bashir. Amidst claims of genocide committed by Israelis against Palestinians, the League conveniently overlooked the atrocities that continue in Darfur.
The editorial does have a pro-Israel tinge, which I think is emblematic of the state of journalism in which writers subtly undermine their credibility. However, the key points made here are absolutely undeniable.
Full Article at Washington Post
Posted in Africa, Middle East, Recommended for Consumption | Tagged Arab League, Bashir, Darfur, Doha, Genocide, International Criminal Court, Sudan | Leave a Comment »
March 31, 2009 by consumptuous

Russian president Dmitry Medvedev claims to have pressed the “reset” button on US-Russia relations. Just in case you believed it, make sure you go through the rhetorical checklist first:
- Does he admit some small flaw or challenge? Check.
“It is hard to dispute the pessimistic assessments of the Russian-American relationship that prevailed at the end of last year.”
- Does he talk about some multilateral solution that involves a map or some other illustrative metaphor? Check.
“The exchange of letters between myself and President Obama this year showed mutual readiness to build mature bilateral relations in a pragmatic and businesslike manner. For that we have a “road map” — the Strategic Framework Declaration our countries signed in Sochi in 2008″
- Does he quote some historical figure, as if the words predetermine foreign relations? Check.
“Long ago, Alexis de Tocqueville predicted a great future for our two nations. So far, each country has tried to prove the truth of those words to itself and the world by acting on its own. I firmly believe that at this turn of history, we should work together.”
Speaking of which, the geniuses at the Council on Foreign Relations have done it again; another thorough report FYI. It’s not exactly a current event, but the issue of missile defense is definitely a contentious one that threatens to subtly undermine our already-tepid relations with Russia.
Check out this CFR report on the origins and status of missile defense capability, and the perceived first-strike threat that keeps even our foreign allies from truly trusting the United States.
Posted in Europe, Recommended for Consumption, U.S. | Tagged Missile, Missile Defense, Reset, Russia, United States | Leave a Comment »
March 31, 2009 by consumptuous
Britain is withdrawing it’s last 4,100 troops from Iraq.
Story and Video from BBC
Full Story at NYTimes.com
P.S. Is it worth noting the linguistic liberties in the headlines? NY Times has “U.S. Takes Over as Britain Begins Basra Pullout,” as opposed to the BBC reporting, “U.K. Troops Begin Iraqi Withdrawal.” NYT chose very assertive, borderline pro-US wording; BBC doesn’t even mention the US. Make of it what you will.
The Guardian chose to focus on the more ceremonial aspects of the hand-over by making a Douglas Adams reference in their headline and reporting on the “golden jewel encrusted ornamental fish presented to Major General Andy Salmon.” (see the questionably composed photograph below).

Posted in Europe, Recommended for Consumption, U.S. | Tagged Britain, Iraq, Iraq War, Salmon, U.K., United States | Leave a Comment »
March 31, 2009 by consumptuous

The Mediterranean basin has historically served as a migration route between North Africa and Europe. In these increasingly tough economic times, immigration has crept into its status as a hot-button issue. Those who immigrate typically have fewer and fewer options in their homelands, and motivations to migrate (jobs, remittances, education, less persecution, etc.) become undeniable. Meanwhile, those in receiving countries, in light of the global financial crisis, are seeing immigrants as a drain on job opportunities and public funding, and the mounting backlash appears inevitable.
But are these financial reasons mere excuses for insidious attitudes towards the “other” from traditionally homogeneous nations?
Hundreds Dead as Migrant Boat Sinks off Libya – NYTimes.com
Migrants Break out of Italian Camp – Al Jazeera
Posted in Europe, Recommended for Consumption | Tagged Italy, Libya, Mediterranean Sea, Migration | Leave a Comment »
March 31, 2009 by consumptuous

The Lede blog at NY times is reporting on Miss Universe’s recent USO stop at Gitmo. Her accounts of Guantanamo Bay’s beauty and serenity are unexpected, to be sure.
Go to the Full Story at NY Times
Posted in Recommended for Consumption | Tagged Cuba, Gitmo, Guantanamo Bay, Hugo Chavez, Miss Universe, United States, Venezuela | Leave a Comment »