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''And euphoria is bound to be short-lived. But acting swiftly to re-engage the world is an imperative necessity.''
The challenge is not to stimulate the global economy with taxes from the people, and their future generations, who lost their shirt in the markets. The stimulus should come from dormant and hoarded capital of the supper rich. President elect will need to invent innovative rules accepted globally. President Sarkozy is ready and the G20 meeting will be a good start. Need to stimulate 'tax heavens' to actively participate in the global economy. Tax heaven capital and the global black market capital could be as much as 20 times or more of any join stimulus of all nations combined. Confidence of the system or a system has to be restored fast. We are running out of time.
"So Mr. Obama's priority objective has to be to discourage nuclear proliferation throughout the region, from Egypt to Saudi Arabia and other Gulf states. And this can only be done by providing a security guarantee to Arab states that feel threatened by Iran's nukes.." Mr. Borchgraves "only can be done" solution is rather narrow minded considering the current state of affairs. Just exactly what does Mr. Borchgrave feel Obama will accomplish with regard to nuclear proliferation without talking to both Iran and Israel? Lets not forget also that Israeli politics have lately taken a conservative turn.
AdB is getting a bit excited methinks...
"The only way to govern in this ungovernable age of dysfunctional democracies is to think the impossible, act unpredictably, always leaving your opponent behind you, panting for breath, trying to catch up."
Over the top yes? We must do the opposite of course. Namely, concentrate
on the possible, explain your reasons (as Obama has said he will) and act
predictably, and let your opponents fend
for themselves. Despite the Bush/Cheney calamities in front of us, the world historically has never been better governed than today...and the 'light on the hill' must
BE the light on the hill and lead the way. To my thinking, a brilliant man has surrounded himself w/ some of the best minds and that's a start. He's not President just yet. I believe the last horrific coda (the Bush Treasury)
being witnessed calls for patience (stems from the latin root 'to suffer').
It will take time, cool and wise heads are at work, and we will all be better off for it. Patience is a virtue. (remember those things?) I think certain values may be back in fashion very soon.
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