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Why Obama’s Afghan War is Different
So far, so good in the first major offensive of President Barack Obama’s war in Afghanistan. For the past four days, 4,000 U.S. Marines and 650 Afghan soldiers have been fighting their way into the southern reaches of Afghanistan’s Helmand River Valley, hoping to clear out insurgents there
Is Obama’s Financial-Reform Plan Bold Enough?
Almost every reference to the financial regulatory plan that was unveiled today by President Obama is prefaced with something along the lines of “the most sweeping overhaul of financial regulation since the 1930s.” Obama himself used such language in his speech this afternoon.
Analysis: Is Europe facing a threat from the right?
Does trans-national democracy work? Or is Europe about to see a wave of new Far Right politicians and mavericks marching from obscurity to national prominence thanks to an election most voters are neglecting? Between June 4 and June 7 it could happen.
Refugee Crisis Clouds Pakistan’s Anti-Taliban War
It is in refugee camps like Chotha Lahore, rather than on the battlefields of the Swat Valley, that the outcome of Pakistan’s decisive showdown with the Taliban may be decided. The camp, near the town of Swabi, is sheltering some of the hundreds of thousands of Pakistanis displaced by the government offensive to drive the militants out of the Swat Valley and its surrounds. “The purpose [of the campaign] is to cleanse the areas of these miscreants and militants,” Pakistan’s Foreign Minister Shah Mahmood Qureshi told TIME
Despite Signs to the Contrary, Real Estate Will Get Worse
Warren Buffett said that the real estate business his company Berkshire Hathaway owns is seeing a small improvement in housing demand. The National Association of Realtors seemed to confirm his observations when it announced that the index for pending home sales went up in March
The Montana Town That Wanted to Be Gitmo
The coils of razor wire glint in the prairie sun like silver tumbleweeds piled against the tall chain-link perimeter fences of the forlorn Two Rivers Detention Facility in Hardin, Montana.
Taliban push Robin Hood image in Pakistan
In radio broadcasts and sermons, Taliban militants have been promoting themselves as Islamic Robin Hoods, defending Pakistan’s rural poor from a ruling elite that they describe as corrupt and oppressive. That message has been resonating throughout the Pakistani countryside, where the culture is deeply conservative and the people are desperately poor
Hitler’s art attracts big sale prices
A painting by Adolf Hitler sold for almost $15,000 Thursday — more than six times as much as expected. The watercolor was one of 15 items of Hitler art being sold at auction. Together, the artworks by the Nazi leader fetched almost $120,000
Kellermann’s Death Is Latest Shock To Freddie Mac
The sudden death — an apparent suicide — of Freddie Mac’s acting chief financial officer David Kellermann is the latest shock to ripple through the federally backed housing agency. Since essentially being taken over by the government in September, it has been one hit after another for Freddie Mac — a private company that, with sister-agency Fannie Mae, holds or guarantees more than half of all U.S.