Congress is in deadlock about raising the American debt ceiling. From the Founding Fathers to Bill Clinton via Barry Goldwater, Luke Cahill examines the history of American politics and diagnoses the current impasse.
As Speaker Boehner, puts his debt plan to the House, the lower chamber, the Democrat controlled Senate, has already decided that they will not allow it to pass. As Congress struggles to agree on how much to cut before they raise the debt ceiling, fatal weaknesses are yet again open for all to see. Continue reading
The Republican Party is in disarray and its leading candidates for the 2012 elections are way behind Obama in fundraising. Obama’s image-management is far better too than anything the Republicans can manage. It will be even worse for the Republicans if the US defaults on his debt, writes Luke Cahill.
As the talks to raise the debt ceiling proceed before the 2nd of August deadline, the 2012 election cycle rumbles on, the first fundraising returns are in and they reveal a predictable picture. Continue reading
The American debt is significant enough to have global markets worried. Following Politics Preacher’s discussion of the debt crisis, Jason Holmes adds his cent to the debate.
There have been various discussions that country will soon have to default on government debts. Thus, the politicians and the economists have been discussing as to how to bring down the debt level and how to stop the country from defaulting. Mainly, the financial experts are of the view that the country needs a tax reform. Most are of the view that only a tax reform will result in debt reduction and thus will be able to save the nation from defaulting; the debt reduction process in itself is a Herculean task. Continue reading
The West’s defensive capabilities are exposed by the war in Libya. The Americans are losing patience, the EU is assuming control of from NATO – Could this signal the beginning of the end for the North Atlantic Treaty Organisation? Asks Luke Cahill.
As the conflict in Libya drags on, what was hoped to be Cameron’s and Sarkozy’s Falkland’s – something that would get wide political support and lead to a quick victory – has become a typical Euro muddle. There are serious operational questions to be asked as to whether NATO can survive much longer, or will she rest in peace?
The involvement of the United States has been minimal, at least by the Obama administration, portrayed. This is partly due to an eye to next year’s presidential election, and partly due to the desire by the Continue reading
In the forthcoming presidential election due to take place in November of next year, the Democratic nomination is, barring any major upsets, certain to be President Obama’s. The question of who will receive the Republican nomination is anyone’s guess.
Aside from the major candidates that have already announced they want the GOP (Grand Old Party) nomination, such as frontrunner and former governor of Massachusetts, Mitt Romney; former governor of Minnesota, Tim Pawlenty; former Senator Rick Santorum and former speaker of the House of Representatives, Newt Gingrich; there are a whole host of other candidates who are seeking the nomination for various reasons which can be broken two into roughly two categories: Continue reading
President Barack Obama has announced that he is withdrawing 33,000 troops from Afghanistan to be completed by summer 2012, just months before the presidential election in November. He said that 10,000 of those leaving Afghanistan would start this month. This will leave about 68,000 US troops in Afghanistan along with a coalition of other nations.
In his speech announcing the withdrawal, he restated quite clearly that the “goal that we seek is achievable, and can be expressed simply: no safe-haven from which Al Qaeda or its affiliates can launch attacks against our homeland, or our allies”. Continue reading