Psychologizing and the Art of Smearing

Imagine being told that you use “mental gimmickry” and exhibit a “non-evidence-based mental process” when you’re expressing your political ideas. John J. Colby (“Robitaille doesn’t understand people,” Commentary, Sept....

Euro Trumps The Dollar Thanks To The FED

When the euro hit a low of $1.1917 against the US dollar on June 7th, 2010, the airwaves crackled with assertions that the European common currency, beset by Greek debt problems and intra-union discord, was destined to trade at parity with the greenback. They...

Global Currency Meltdown

As the recession and resultant stimulus packages add to higher unemployment and increasing public-sector deficits, the government is seeking to boost the value of overseas earnings that are accrued by US corporations. To aid in this effort, the Fed is being...

Decoupling: Alive and Well

While the US economy continues to weaken (see my recent commentary: Don’t Doubt the Double-Dip), many foreign economies continue to experience solid — even spectacular — economic growth. When the global economic crisis began in 2008, many forecasters...

Tax Cuts Won’t Cut It

Congressional Republicans and Democrats are engaged in a heated debate over which Americans deserve not to have their taxes raised, with both claiming that some form of tax cut will stimulate the economy. The primary point of divergence is what type of cuts will be...

The "Islamophobia" Weapon

“The Muslim world is going through an unprecedented difficult and trying time,” said the Secretary General of the 56-state Organization of the Islamic Conference, Ekmeleddin Ihsanoglu, on Friday. One might reasonably have thought that he was referring to...