Mario Monti at the European Commission. A launching point for Italian politics? source: nytimes
Saturday, December 29, 2012
Friday, December 28, 2012
Speaking after meeting with Congressional leaders, President Obama could have used the crisis to propose a seismic shift in American federalism in line with reducing the federal debt. Getty Images
The federal system is out of balance. In addressing this problem rather than merely symptoms such as the "fiscal cliff," the debt-ceiling, and the huge deficits themselves, President Obama could have transcended the fixation on averting the fiscal cliff by enacting transformational leadership in order to restore balance to American federalism. While not a perfect or flawless solution, realigning the federal balance of power could have set the United States on a more viable trajectory forward in the long term, as evinced in reductions in the federal deficits and accumulated debt. If we do not trust the states to pick up the slack (as envisioned by the American founders), then we do not trust ourselves, in which case not even a federal government can save us from ourselves.
Prime Minister Ponta of Romania: Propped up by Barroso? exclusivnews.ro
Thursday, December 27, 2012
President Morsi speaking behind the seal of Egypt, suggesting a "good of the whole" orientation. source: csmonitor