Mikhail Khodorkovsky's Day in Court
November 09, 2010
Last Tuesday, in a Moscow courtroom, Mikhail Khodorkovsky—former oil magnate and the once the wealthiest man in Russia—delivered a remarkable speech. Khodorkovsky has been in prison since 2003 and he now faces additional charges that could force him to stay in jail for many more years. In his speech, Khodorkovsky offers a narrative of how any semblance of liberal government was snuffed out in Russia during recent years—and explains how his own fate has become part of this depressing story.
Way Too Big To Fail
November 07, 2010
There were many factors that led us to the financial crisis of 2008—dangerous derivatives, irresponsible ratings agencies, negligent regulators—but one was more important than the rest. We now know it as the “too big to fail” problem. What brought the economy to the edge of disaster wasn’t only that financial institutions had made rash bets on lousy investments, but that those institutions were so massive that when their bets went bad, they threatened to take the rest of the economy down with them.
Is Ballet Over?
October 13, 2010
An excerpt from 'Apollo's Angels.'
The End of the Great Game
October 06, 2010
Has the United States stopped playing the Great Game in Central Asia? In the wake of the destabilizing violence that occurred in Kyrgyzstan this summer, that seems to be the case. The Obama administration reacted slowly when at least 300 people were killed in inter-ethnic fighting in June and Kyrgyzstan seemed on the verge of spiraling out of control.
The Firing of Moscow Mayor Yuri Luzhkov
September 28, 2010
Earlier today, Russian President Dmitri A. Medvedev fired Moscow mayor Yuri Luzhkov (see here and here for good news reports). For those of you who don’t closely follow the soap opera that is “As the Kremlin Turns,” here is a quick guide to bring you up to speed: Q) He fired him? I didn’t know mayors could get fired. A) Yes, actually in Russia the president is allowed to fire and appoint the governors of the regions, and Moscow and St.
The Velvet Surrender
September 17, 2010
Václav Klaus, the president of the Czech Republic, is legendary for his lack of manners. When his country assumed the rotating presidency of the European Union in 2009, Klaus—a stocky and vigorous man with close-cropped white hair and a fastidiously trimmed moustache—got into a scrap with a group of European politicians because he had refused to fly the EU flag above his office in Prague Castle. Nicolas Sarkozy pronounced the snub “hurtful,” yet Klaus was anything but contrite. Instead, he used his first address to the European Parliament to compare the EU to the Soviet Union.
Barney Frank Vs. The Dining Room Table
September 16, 2010
“Birth of a political career” was not the first phrase that came to mind when Lyndon LaRouche disciple Rachel Brown got upbraided by Barney Frank last year. Brown, you’ll remember, became briefly Internet-famous thanks to her performance at a town hall meeting in Dartmouth, Massachusetts, where she held up a photo of Obama with a Hitler moustache and harangued Frank about Obamacare. “Why do you continue to support a Nazi policy, as Obama has expressly supported this policy,” she asked Frank.
September 02, 2010
It seemed unthinkable that Vaughn Ward wouldn’t, someday, be a U.S. congressman. The decorated Iraq war vet had been handpicked by national Republicans to run against endangered Democrat Walt Minnick for Idaho’s first congressional district. Although he was somewhat gaffe-prone (he had an unfortunate tendency to plagiarize campaign speeches from sources like Barack Obama, for instance), Ward had the boyish good looks, the résumé, and—best of all, for one of the reddest states in the country—Sarah Palin’s blessing.
The Nowhere Bomb
August 18, 2010
Should Jerusalem bring its bomb out of the basement? Israel, for at least the moment, is the sole possessor of atomic weapons in the Middle East, with an arsenal that now includes approximately 200 warheads. But it is also the only nuclear-armed nation to hide its cache behind a façade of official silence–neither confirming nor denying its existence. Iran’s mounting nuclear capability arguably demands a reconsideration of this stance. Explicitly announcing its nuclear status would have its advantages. It would upgrade Israel’s deterrent.
The Start Treaty And Republican Path Dependency
August 10, 2010
Walter Pincus reports that Republicans overwhelmingly favored the previous Start Treaty before changing their tune on the current one: "This treaty is a masterstroke. . . . It is shorn of the tortured bench marks, sub-limits, arcane definitions and monitoring provisions that weighed down past arms control treaties," said Sen. Jon Kyl (R-Ariz.). "It assumes a degree of trust between nations that are no longer on the precipice of war." Those were words from Kyl's floor speech on March 6, 2003, in support of ratification of the Moscow Treaty, signed nine months earlier by President George W.