The Godly Must Be Crazy

Abortion. Same-sex marriage. Stem-cell research. U.S. legislators backed by the Christian right vote against these issues with near-perfect consistency. That probably doesn’t surprise you, but this might: Those same legislators are equally united and unswerving in their opposition to environmental protection.

Liberal reform activism ends in Saudi Arabia

The period of liberal reform activism in Saudi Arabia, which had dominated the political scene since the beginning of 2003, has come to an end due to a combination of higher oil prices, a relatively successful security strategy against militants, the continuing importance to the regime of Islamist political currents and the unsettled regional environment that has put an end to this brief spell of political ferment.

The Choice

This Presidential campaign has been as ugly and as bitter as any in American memory. The ugliness has flowed mostly in one direction, reaching its apotheosis in the effort, undertaken by a supposedly independent group financed by friends of the incumbent, to portray the challenger—who in his mid-twenties was an exemplary combatant in both the Vietnam War and the movement to end that war—as a coward and a traitor.

Money, Money, Money

“The US makes dollars; everyone else makes things to get dollars.” Stan Goff explores the role of the US dollar as the standard reserve currency in the context of capitalism’s intrinsic need to expand and the global peak in oil production.

Moscow Beijing breakthrough

It will be no exaggeration to say that even many privy to the preparations for a Beijing meeting between the leaders of Russia and China, Vladimir Putin and Hu Jintao, were surprised at the number of agreements reached as a result of the laborious and long homework done by various departments.

America’s Addiction to Asian Credit

Asian central banks have been financing America’s $500 billion current account deficit mostly via the purchasing of US Treasuries. To get a better grip on this number, try to understand that America needs $1 million of Asian capital every minute in order to maintain its current standard of living.