European Central Bank to E.U. Leaders: Vision Is Needed

Mario Draghi, president of the European Central Bank, warned a committee of the E.U.'s parliament at the end of May 2012 that the structure undergirding the euro in the E.U. had become "unsustainable." He criticized political officials for having kicked the can down the road by enacting half-measures or else delaying decisions, thus making the debt crisis even worse than it otherwise would have been. "The next step is for our leaders to clarify what is the vision for a certain number of years from now."[1] Similarly, Olli Rehm, vice president of the E.U. Commission (the E.U.'s executive branch), said that ways must be found to avoid a disintegration of the common currency.

The full essay is in Essays on the E.U. Political Economy, available in print and as an ebook at Amazon.

1. Jack Ewing, "A Terse Warming for Euro States: Do Something New," The New York Times, May 31, 2012.

Former Liberian President Gets 50 Years for War Crimes

In the 50 year sentence handed to  former Liberian president Charles Taylor by the Special Court for Sierra Leone meeting at the Hague on May 30, 2012, the world came one step closer to being able to hold dictators accountable for war crime atrocities that go even beyond the violation of basic human rights. In particular, the prosecutor described, "The purposely cruel and savage crimes committed included public executions and amputations of civilians, the display of decapitated heads at checkpoints, the killing and public disembowelment of a civilian whose intestines were then stretched across the road to make a check point, public rapes of women and girls, and people burned alive in their homes.”[1] Insisting that he never knowingly assisted in the crimes, Taylor claimed that what he did “was done with honor.”[2] He maintained that he had been “convinced that unless there was peace in Sierra Leone, Liberia would not be able to move forward.”[3] Nevertheless, that he paid thugs in blood diamonds for the crimes means that he could be held accountable for the misdeeds themselves.

The full essay is at "Liberian President Gets 50."

1. Marlise Simons and David Goodman, “Judge Gives Taylor 50 Years for ‘Heinous’ Crimes in War,” The New York Times, May 30, 2012. 

2. Ibid.

3. Ibid.

India’s Business Environment: Beyond Corruption

In spite of expected growth of 6 or 7 percent for 2012, the economy of India was facing a pessimistic outlook at the time. The underlying cause seems to have been mismanagement by the federal government—in particular, by the ruling Congress Party. In actuality, the problem lies in the Indian business culture, and the society itself. As such, the problem is not so easily fixed as a change of government or policy.

The full essay is in Cases of Unethical Business: A Malignant Mentality of Mendacity, available in print and as an ebook at Amazon.

No State Left Behind: American Education Eclipsing Federalism

Facing a federal requirement that every student be proficient in math and English by 2014, the member-states in the U.S. rushed to apply for waivers in 2011 and 2012. In 2010, 38 percent of the schools had failed to meet their goals for annual progress toward the 2014 goal. The U.S. Secretary of Education thought that figure could soar to 80 percent. When a school fails to meet such goals, the No Child Left Behind law requires “a series of interventions by the district and the state that can culminate in a state takeover. With so many schools failing, “that threatened to create an impossible burden on states and districts,” according to Chester Finn, director of an institute that studies education.[1] The waivers did not come without strings, however. The Obama administration pushed the governments to measure teacher performance, and put increased emphasis on low-performing groups as well as on the lowest-performing schools.

The full essay is at "No State Left Behind."

1. Richard Perez-Pena, “Waivers for 8 More States from ‘No Child Left Behind,” The New York Times, May 30, 2012.

U.S. “Foreign Aid” Enabling Pakistani Betrayal

Officials speaking on behalf of Pakistan’s government claimed that Pakistani officials did not know that Osama bin Laden had been living in Pakistan, and yet a Pakistani court sentenced a Pakistani to a 33-year prison sentence for treason in having conspired “to wage war against Pakistan” by aiding the CIA in its hunt for bin Laden.[1] If trying to find him constitutes treason, it follows that the Pakistani government was opposed to the Americans finding him. Meanwhile, that government accepted hundreds of billions of dollars in foreign aid from the U.S. Government.  The reaction of an appropriations committee of the U.S. Senate in 2012 was merely to cut $33 million from $800 million in foreign aid to Pakistan. It would seem that the U.S. Government wanted it both ways—to castigate Pakistan for essentially hiding bin Laden while seeking to retain some influence with the Pakistani government by bribing it with foreign aid.

The full essay is at "U.S. 'Foreign Aid' Enabling Pakistan."

1. Jonathan Weisman, “Senate Panel Holds Up Aid to Pakistan,” The New York Times, May 24, 2012.