The stark contrast between candidates makes an easy choice for voters. Romney argues for Pure Capitalism almost as if it were a system of government – or perhaps a religion. The president’s view derives from the Democratic view that the purposes of government are to organize cooperative activity and to regulate commerce. Read more» 1
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The European Union's ignominious decision to turn to the IMF to bail out a member state, Greece, is a canary in the coal mine. With Western geopolitical credibility already severely weakened by the Iraq fiasco, this latest blow can only accelerate the rising influence of China on the world's many aspiring powers. Read more»