The Dow dropped another 250 points today, as it (and other world markets) assessed the fallout from the UK’s decision to leave the EU. At one point, it dipped to well below 300 points off. In addition, Standard & Poor’s announced that it had lowered the United Kingdom’s sovereign credit rating from “AAA” to “AA,” citing last week’s referendum. Fitch, meanwhile, moved … Read More
Uninformed Voting – Bad Idea
Well done, UK. Honorable mention to this guy
The World Turned Upside Down
The United Kingdom voted to leave the EU last night, and even though negotiations to leave will take years, the impact is felt now. The pound sterling has dropped in value about 10 percent. Prime Minister David Cameron, who proposed the referendum as a way to remain in office (even though he was against leaving), is quitting. Scotland voted overwhelmingly … Read More
Brexit
As the polls close in Britain, I thought I would weigh in on the historical vote to see if England will leave the European Union. And I say, without a whole lot of knowledge, that is seems like a bad idea to me, and sentiments to get out of the EU seem to be based on nothing more than nationalism, … Read More
Trump’s Foreign Policy: Bad, Incoherent But Not Novel
Trump gave a rambling, incoherent and contradictory speech on Wednesday on foreign policy, that was notable because it was a prepared speech which he read off the teleprompter. That means he actually thought about what he was going to say, and it still came out horribly. And almost everyone agrees. Here’s Lindsey Graham’s tweets: Trump’s theme was “America First”, a slogan which … Read More
At Least We’re Not Argentina
For all the political scandals this country deals with, it pales with what is happening in Argentina. I’ll give the Cliff Notes version. Back in 1994, there was a bombing of the 1994 bombing of the Argentina Israelite Mutual Association, a Jewish Community Center located in Buenos Aires. 85 people were killed and hundreds were wounded. Following the 1994 AMIA bombing, … Read More
Morons With Missiles
Yes, indeed. Putin should be embarrassed. When you listen to the audiotapes, you become keenly aware that the pro-Russian separatists in the Ukraine are total boobs… or, as Josh Marshall writes: The audio tapes posted by The New York Times might as well be from some future Russia-based version of Waiting for Guffman or Best in Show, a comical rendering of … Read More
Hashtag Activism and Nigerian Girls
I’m not a huge fan of hashtag activism. I think it is cool and all, but I don’t think it is the panacea for all the world’s problems, like some others. I mean, if there’s a shooter on campus, Twitter can be helpful. Or, as shown in the last week, it can bring the world’s attention to a tragic, but finite, … Read More
Not Really Liveblogging This Debate But….
Holy fuck! Is Romney getting pants on live TV? I think so. And Romney looks like he knows it, too.
Tonight’s Debate
I'm not sure what to say about tonight's debate, except to opine that I don't think it will matter much. It's foreign policy, and people don't care about that. I expect viewership will be low. Romney, if her's smart, should make the debate about his views and policies, rather than trying (as he did last debate) to prosecute Obama about … Read More
Foreign Service Corps Not Fans of Romney
From a Foreign Service Officer … It’s probably not a surprise. But can I just say that if Mitt Romney wins in November, he is going to have a very chilly reception from his employees every time he goes abroad? I don’t think I can quite state the rage we’re all feeling towards him. Via TPM
The Attacks On U.S. Ambassador
Well, it's ugly no doubt. As you probably know by now, families are in mourning, and the diplomatic corps is dealing with the tragedy of four Americans — including the U.S. Ambassador J. Christopher Stevens — being killed in the U.S. consulate in Benghazi, Libya. It is the first time a U.S. ambassador has been killed in 33 years. Obviously, there … Read More
Truth in Website Maintenance
The website for the Egyptian President is honest.
Mubarek Steps Down
Various press acccounts are saying that, according to the Egyptian Vice President, President Mubarak has stepped down. Supposedly, this isn't news, but a "clarification" of what Mubarak said yesterday.
Pretty Amazing What’s Happening In Cairo Right Now
Visit msnbc.com for breaking news, world news, and news about the economy Maybe a nine year old girl should it explain what's going in Egypt: