Germany’s Nazi past continues to unsettle its present. Privileged clans and mighty industries alike have subjected themselves to public scrutiny and painful mea culpas over activities and associations before and during World War II. But the latest controversy links the poisoned mementos of Auschwitz to the ongoing global financial crisis in a still unraveling tale of leveraged buyouts, corporate hubris and financial humiliation.
Tag Archives: government
What Lies Behind the Cuban Purge
Whatever differences might exist between former Cuban President Fidel Castro and his younger brother, President Raúl Castro, the most important is style. Fidel values a fiery belly full of political ideology; Raúl prizes a cooler head equipped with administrative acumen. The latter has been at the forefront ever since the ailing Fidel, 82, ceded power to Raúl, 77, last year
Why China and the U.S. Should Swap Stimulus Packages
Senate panel starts inquiry into CIA interrogation program
Critics question Obama’s pledge to end ‘pork’
As a spending bill loaded with pork makes its way through Congress, President Obama is getting pushback from members of his own party who are questioning his vow to end wasteful spending. The president on Wednesday pledged turn tide on an “era of fiscal irresponsibility,” reiterating his campaign promise that the days of “pork … as a strategy” are over
Chavez orders nationalization of Cargill
Venezuelan President Hugo Chavez said Wednesday he had ordered the nationalization of at least some of the operations of the U.S.-based food giant Cargill and threatened to do the same with the Caracas-based food maker Polar. “Begin the expropriation process with Cargill,” he said in a nationally televised speech in which he accused the company of growing specialized forms of rice in an attempt to evade price controls
Two Democrats urge Obama to veto spending bill
Two Senate Democrats urged President Obama Wednesday to veto a $410 billion spending bill and said they are going to vote against it, criticizing it for its cost and for including too many personal pet projects. “I don’t think we should pass it [spending bill] this way,” Feingold said on CNN’s The Situation Room Wednesday. “[I’d like] to have the president veto it and say ‘clean it up, do it over.'” Feingold added: “If that doesn’t happen I think he should …
International Court issues arrest warrant for Sudanese president
Sudan’s President Could Be Indicted Over Darfur
If the prognosticators are correct, the International Criminal Court will issue its first arrest warrant for a sitting head of state on Wednesday afternoon. That’s when the court will announce whether Sudanese President Omar Hassan al-Bashir ought to stand trial on charges of genocide, crimes against humanity and war crimes for his alleged role in orchestrating the Darfur conflict. Regardless of what one makes of the idea of international justice, an arrest warrant would be a historic move that many human-rights experts believe will further erode that sense of impunity shared by dictators the world over.