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POTEMKIN AMERICA

At dinner at the Cosmos Club here in DC last night, a dear friend of mine who is one of the finest men - and sharpest businessmen - I've ever known, held up a butter knife. "To make this - to make a bottle cap or the side panels of your washing machine, to make any product that requires metal stamping - you need the machine tools my company makes," he explained.  "Thousands of businesses of all different kinds all over America are our customers.  I'm in touch with all of them, and know how their companies are doing." He sighed.  "Jack, that's why I know that our economy is in much, much worse shape than the media is letting on." I gave him a quizzical look.  "It's so funny you would say that - because I'll be writing about just that this week.  I'll call it Potemkin America." Grigori Alexandrovich Potemkin (1739-1791) was a dashing 23 year-old officer in the Czar's Horse Guards, the elite cavalry unit of the Russian Army, when the Czar's wife donned a Horse Guard uniform and led them in a coup to seize the throne of Russia.

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EUROPE FOR EUROPEANS

Last weekend's European Parliament and British local county council elections (6/04-07) were not only a victory for the right over the left. More significantly, they were indications of the growing rejection of the last 60 years of denationalized European history. They were, particularly, a sharp assertion by many indigenous Europeans that they will not put up with losing their culture to overly assertive Islamic immigrants in Europe. The latter point was made emphatically by the voters of Holland, Hungary, Finland, Britain, Austria, Denmark and Italy.  But the loudest vox populi was heard in Britain.

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AMERICAS FIRST MOSLEM PRESIDENT

During his White House years, William Jefferson Clinton -- someone Judge Sonia Sotomayor might call a "white male" -- was dubbed "America's first black president" by a black admirer. Applying the standard of identity politics and pandering to a special interest that earned Mr. Clinton that distinction, Barack Hussein Obama would have to be considered America's first Moslem president. This is not to say, necessarily, that Mr. Obama actually is a Moslem any more than Mr. Clinton actually is black. However - after his five months in office, and most especially after his just-concluded visit to Saudi Arabia and Egypt, a stunning conclusion seems increasingly plausible:

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A CRIMINAL ROAD TO FISCAL RUIN

If you were in debt, would you be more or less likely to increase your liabilities if you knew someone else would pay them off? Many children can quickly figure out the answer to this question, but it seems to be a real stumper for members of the House Financial Services Committee, chaired Rep. Barney Frank, Massachusetts Democrat. They are considering having the federal government reinsure municipal bonds. Such fiscal madness likely would make even citizens of banana republics blush. The Feds are engaged in exactly the same behavior that got American International Group Inc. in trouble: insuring financial assets without having adequate resources to pay off all of the potential insurance claims. Such behavior can be viewed as criminally irresponsible.

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RUSSIA’S POWER GRAB FROM THE GOBI DESERT TO THE BLACK SEA

St. Petersburg, Russia. The economic glitterati have descended on Russia's "second capital." President Dmitry Medvedev, vice premiers and ministers, CEOs of Intel, Nissan, Coca-Cola and other Forbes 500 companies, and oligarchs are rubbing shoulders with superstar pundits such as Thomas Friedman and Nuriel Rubini. All have flocked to the St. Petersburg International Economic Forum. Russians are all smiles after the purchase of 2 percent of Facebook, and state-owned Sberbank's participation in acquisition of the General Motors Corp.'s German subsidiary Opel. The public discourse is all about diversification, innovation and coping with the global crisis. Mr. Medvedev says he wants innovation-based growth. But privately, many sotto voce discussions turn to the question: What is Russia's global strategy?

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YOU SCARE ME

Dear President Obama, You are the thirteenth President under whom I have lived and unlike any of the others, you truly scare me. You scare me because after months of exposure, I know nothing about you. You scare me because I do not know how you paid for your expensive Ivy League education and your upscale lifestyle and housing with no visible signs of support. You scare me because you did not spend the formative years of youth growing up in America and culturally you are not an American. You scare me because for over half your life you have aligned yourself with radical extremists who hate America and you refuse to publicly denounce these radicals who wish to see America fail.

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CONTEMPTIBLE IN CAIRO

From an Israeli perspective, Mr. Obama's speech yesterday (6/04) in Cairo was deeply disturbing. Both rhetorically and programmatically, Obama's speech was a renunciation of America's strategic alliance with Israel. Rhetorically, Obama's sugar coated the pathologies of the Islamic world - from the tyranny that characterizes its regimes, to the misogyny, xenophobia, Jew hatred, and general intolerance that characterizes its societies. In so doing he made clear that his idea of pressing the restart button with the Islamic world involves erasing the moral distinctions between the Islamic world and the free world. In contrast, Obama's perverse characterization of Israel - of the sources of its legitimacy and of its behavior - made clear that he shares the Arab world's view that there is something basically illegitimate about the Jewish state.  

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IMMATURE TEENAGERS ARE RUNNING WASHINGTON

A sign of immaturity - most often found in children and certain politicians - is being in denial or even unaware of the consequences of one's actions. The global political class has always suffered from an excess of immaturity, but every generation or so, political immaturity explodes like a star in its death throes and vaporizes everything in its vicinity. Current examples are all too numerous.  We'll discuss three of the most explosively damaging.

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THE PERSIAN CIRCUS

Seven days to go to the Iranian "elections" on June 12.  Of course Iran doesn't have elections, as we understand the term.  It has circuses.  Most people don't bother to vote, since they think - with good reason - that the outcome simply reflects the wishes of the only voter whose opinion matters:  Supreme Leader Ali Khamenei.  But even so, the "campaign" is quite lively, and some very unusual things are happening.  Can we read the entrails of the latest dead chicken?  Let's give it a try.

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TILLER THE KILLER

Here's a thought-experiment for pro-abortionists.  It's the 1850s and there is a raging debate all over the country regarding the morality of slavery, slavers defending it, abolitionists condemning it as an ultimate evil. Someplace in the South there is a flamboyant slave owner who vehemently supports his right to own fellow human beings as his personal property and is infamous for treating them as sub-human.  An abolitionist is so angry at this slaver's evil that he kills him, blows him away with a 12 gauge - both barrels. Pro-slavers everywhere and dozens of newspapers in the South condemn the killing as a "vigilante outrage."  Some even declare the murdered slaver as a "saint" who defended the freedom of "real people" to own things that aren't fully human. As their rage builds, the pro-slavers accuse all those abolitionists who protested against and condemned the murdered slaver as accomplices of the murderer. The question to ask a pro-abortionist is:  would you side with the pro-slavers or not?

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