The Worden Report
Wednesday, May 9, 2012

A Rigid Refusal to Renegotiate: Blaming the Greeks

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As Greek party leaders struggled to put together a government in May 2012 after a splintering election, a major (and contentious) issue wa...
Tuesday, May 8, 2012

Anti-Austerity in Greek Government

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The Socialists and then the New Democracy Party told Greeks that sacrifices were necessary to avert default on the state’s debt. This po...
Monday, May 7, 2012

Merkel’s Fiscal Box in the E.U. Debt Crisis

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Germany was ruling out any substantive shift in its approach to Europe's debt crisis despite a rising chorus of opposition to Berlin...

Fuld’s Arrogance at Lehman: Systemic Risk

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Documents released in May 2012 regarding Dick Fuld at Lehman Brothers prove that he was aware of the high risk involved in holding so much...
Sunday, May 6, 2012

Europeans Vote against Austerity

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On May 6, 2012, elections took place in six E.U. states. The most significant in terms of the debt crisis were those of France and Greece. ...
Saturday, May 5, 2012

Holding the Unfit Accountable vs. Murdoch’s Entitlement to Power

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“A damning report [in late April 2012] on the hacking scandal at Rupert Murdoch’s British newspapers concluding that Mr. Murdoch is “not a ...
Thursday, May 3, 2012

Subsidiarity: Federalism Over Catholic Social Ethics?

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In the E.U., the principle of subsidiarity functions in theory like the Tenth Amendment does in the U.S.—again in theory. In both cases, p...
Wednesday, May 2, 2012

Wealth: Benefitting and Distorting Society

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“ One of the great political and economic challenges of our time is figuring out the balance between wealth that benefits society and wealth...

Quitting Money: Crazy in Christian Terms?

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In 12 years, Daniel Suelo has not made a penny; neither has he spent one. In 2000, he left his remaining $30 in a phone booth (remember th...
Monday, April 30, 2012

Wal-Mart: Political Contributions as Bribery

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In September 2005, “a senior Wal-Mart lawyer received an alarming e-mail from a former executive at the company’s largest foreign subsidia...
Sunday, April 29, 2012

The Internet Escapes China's Grasp

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T he “surprising escape” of Chen Guangcheng, a blind legal activist, from house arrest to the presumed custody of U.S. diplomats was “buoy...
Friday, April 27, 2012

Obama Caved to the Agribusiness Lobby

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Faced with political pressure from Republicans and farming groups, the White House decided in April 2012 not to go ahead with rules that w...

The E.U.: The Growth Union

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In relying only on austerity and cheap bailout loans, the German-led strategy has proffered a false sense of European integration in the E...

Hollywood Bribes China

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The Foreign Corrupt Practices Act, known as F.C.P.A., “forbids American companies from making illegal payments to government officials or ...
Thursday, April 26, 2012

Oil and Gas Companies: Citizens Buying Government

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“C orporate campaign contributions have historically been split among incumbents of both political parties, with a decided advantage for wh...
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