The Nazi legacy is an understandably heavy burden for Germany, even today. This leaves Germans emotionally vulnerable to comparisons to their 20th century forebears. And with the country exercising ever-more influence over its European Union allies, cutting remarks that include such comparisons are blossoming like mushrooms after a spring rain. So how to deal with it? For Germany’s Die Zeit, Bernd...

The phrase “going postal” has become part of American culture since those awful days in the early to mid-80s when there were news accounts of mass murders at American post offices — murders usually committed by employees or former employees. Wikipedia even has an entry on the expression “going postal” — which explains: “The expression derives from a series of incidents...

Why Import Engineers? Study Shows U.S. Has Engineering Surplus; Why the Pressure to Import More? by Joe Guzzardi Earlier this week, a live online video chat featured President Obama and Jennifer Weddel, the wife of an unemployed engineer whose husband has been out of a job for three years. Weddel asked the president: “Why does the government continue to extend H-1B visas when there are tons of Americans...

When Dad is a One Percenter by A Daughter My father, who is 85, grew up believing that all Americans can succeed through hard work and education, and that people who didn’t weren’t trying hard enough. He still believes that. I grew up with the same belief, but its implicit promise of reward based on merit didn’t turn out to be true for my generation or its children. Our economic circumstances have diverged...

by Walter Brasch Once, many years ago, in a land far away between two oceans, with fruited plains, amber waves of grain, and potholes on its highways, there lived a young man named Sam. Now, Sam was a bright young man who wanted to work and save money so he could go to school and become an electrician. But the only job open in his small community was at the gas station. So, for two years, Sam pumped gas, washed...

At a time when President Barack Obama seems to have handled relatively well diverse foreign policy challenges, many inherited from his predecessor, his handling of the economic policy and the Wall Street have remained a big question mark. Obama’s continuing reliance on U.S. Treasury Secretary Tim Geithner, and kowtowing to the bankers, makes one wonder whether the President has learned his lessons. All...

For a global business community still experiencing economic pain, Facebook’s humongous $100 billion Initial Public Offering has been an emotional shot in the arm. For French business newspaper Les Echos, columnist Philippe Escande praises the story of Facebook founder Mark Zuckerberg as being at the heart of what still makes the American business sector the greatest in the world. For Les Echos, Philippe...

I have a great deal of respect for James Joyner and his does a good job of critiquing the really offensive book by Charles Murray, Coming Apart: The State of White America, 1960-2010. But in the comments section he goes too far: As a matter of sheer economics, the gravy train in which low skill laborers could make fantastic livings in manufacturing was unsustainable. But the pendulum has swung too far in the...

Mitt Romney’s gaffe about poor people has triggered an overdue if likely short-lived debate about America’s underclass. Speaking to CNN anchor Soledad O’Brien after his victory in the Florida Republican primary, Romney blurted out, “I’m not concerned about the very poor.” Taken in context, the remark wasn’t quite what it seemed to be because the candidate, in another of his...

Are young people in America less stridently nationalistic than their predecessors? Columnist Fyodor Lukyanov of Russia’s Gazeta, citing recent Pew Research Center polling data, asserts in this detailed evaluation of U.S. public attitudes, that there is a declining tendency on the part of the U.S. population to believe in American exceptionalism, and concludes that U.S. foreign policy will be increasingly...

WASHINGTON — We have seen the world created by the Supreme Court’s Citizens United decision, and it doesn’t work. Oh, yes, it works nicely for the wealthiest and most powerful people in the country, especially if they want to shroud their efforts to influence politics behind shell corporations. It just doesn’t happen to work if you think we are a democracy and not a plutocracy. Two...

How Europe Has Evolved From A Democracy To A Bankocracy And Why Austerity Will Lead To Chaos Via Zerohedge

Pat Bagley, Salt Lake Tribune The GOP: Preaching the Prosperity Gospel by Tina Dupuy One of the richest men in the country, ranking in the 0.006 percent of Americans, likes to accuse the President of creating an “entitlement society.” Mitt Romney, the heir apparent, next in line GOP nominee … is against entitlement. When I hear “entitlement society,” I think “country club.”...

The economy is hurting everyone. And here’s proof: (us) ventriloquists feel it too. Just look at this report by my friend Justin Ver Burg: P.S. Ventriloquists aren’t the only ones looking for work. These days you see a lot of dummies clamoring for jobs, too (it’s election year).

WASHINGTON — I wish Mitt Romney’s cavalier dismissal of poverty in America could be chalked up as just another gaffe, but it’s much worse than that. The Republican front-runner seems dangerously clueless about the nation he seeks to lead. When I first heard the now-famous quote — “I’m not concerned about the very poor” — I thought it might be fodder for...

Warren Buffett’s complaint about his secretary paying more in taxes than he does is having a global ripple effect. According to columnist Helena Garrido of Portugal’s Jornal De Negotios, the debate on tax fairness in the United States should be food for thought in Portugal, where the economy is in a tailspin and thanks to widespread tax evasion and tax avoidance, tax revenue has plummeted. For the...

After spending all that money to win Florida big, the $21.7 million-a-year man takes a victory lap and disgorges a perfect line for attack ads on him in the future. “I’m not concerned about the very poor. We have a safety net there,” he tells CNN. “If it needs repair, I’ll fix it. I’m not concerned about the very rich, they’re doing just fine. I’m concerned about the very heart of the America,...

Nate Beeler, The Washington Examiner One day after his massive — and massively purchased – victory over chief rival for the 2012 Republican nomination former House Speaker Newt Gingrich in Florida, former Massachusetts Gov. Mitt Romney cut short the positive news spin on his victory by making a gaffe that is a Chistmas, Hanuka, Kwanza, Easter, Birthday gift to Democrats: a gaffe fitting right into...

Greece might finally start to pull away from its woes in the next few days because of a likely deal with its creditors to roll over at least €200 billion of government debt. That would make it easier for a second tranche of €130 billion to come in later this year. But Greece’s economic problems are far from over. They hang like a Damocles sword over the Eurozone that includes all large European countries...

The Goodreads/Amazon story is a great example of why concentrated economic (market) power is not in the consumer’s long-run best interest. In this case, Amazon wants to protect its bundled product, the Kindle. The Kindle is to Amazon as Office or MSIE are to Microsoft, extensions of an infrastructure franchise. Over at Google, it’s two pronged: Google+ and Android. At Apple, it’s the iTunes...

The Washington-Wall Street Revolving Door Just Keeps Spinning Along by Bill Moyers and Michael Winship We’ve already made our choice for the best headline of the year, so far: “Citigroup Replaces JPMorgan as White House Chief of Staff.” When we saw it on the website Gawker.com we had to smile — but the smile didn’t last long. There’s simply too much truth in that headline;...

…is the GOP Congress as the President does a deft job of trying to reboot his final year with small unilateral steps to get around the pachyderm squatting on the path to economic recovery, leading up to a plea for bipartisan cooperation on larger issues that hits a blank wall in the faces of McConnell, Boehner, Cantor and their Tea Party obstructionists. Without explicit blame, Barack Obama (the man knows...

WASHINGTON — It was to be expected that in the course of his State of the Union address, President Obama would mention the killing of Osama bin Laden, whose death represented the culmination of the battle against terrorism that began on Sept. 11, 2001. Far less expected was Obama’s use of the bin Laden episode to present a community-minded worldview that contrasts so sharply with the highly...

For the first time in his presidency, Barack Obama was able to deliver a State of the Union address last night with the economic and political winds at his back as the lingering aftershocks of the recession ebb and Republican infighting diminishes the party’s chances of taking back the White House. Obama’s approval ratings are identical to those of the Great Conservative God, Ronald Reagan,...

TMV Assistant Editor Pat Edaburn wrote HERE about his growing conclusions that State of the Union addresses are increasingly meaningless. He is not alone in that perception: Public Notice/Bankrupting America now has a video that calls out Presidents of both parties for making empty promises during their State of the Union addresses on fiscal discipline. There are partisans of both parties who won’t like...