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The threat to globalization is not the wasted American dollars but Washington's readiness to mix US commercial interests with its self-appointed role as global protector.
William Greider
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The regime of globalization promotes an unfettered marketplace as the dynamic instrument organizing international relations.
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The point is, the political reporters are the ones who no longer understand the ritual they are covering. They keep searching for political meanings in the tepid events when a convention is now essentially a human drama and only that.
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The burnt odor in Washington is from the disintegrating authority of the governing classes.
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Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
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Nevertheless, I resist cynicism and continue to believe in the possibilities for genuine democracy.
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Leaks and whispers are a daily routine of news-gathering in Washington.
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In this country you can say aloud or publish just about anything you like.
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In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
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In 1900 Americans on average lived for only 49 years and most working people died still on the job.
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If you think about it, Washington's overwhelming power in the world is founded on death, the awesome arsenal for killing people.
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