Inside Obama’s World: The President talks to TIME About the Changing Nature of American Power
The Tea-evangelical base has been lulled into a false sense of security by the absurd notion that Obama is somehow useless without his teleprompter. He is not. If you’ve forgotten just how intelligent, measured and eloquent this president is, I suggest you read his new TIME interview with Fareed Zakaria. Neither Romney nor Gingrich are prepared to debate foreign policy at this level.
Jeffrey Sachs and Niall Ferguson Debate Occupy Wall Street
CNN:
On GPS this weekend, historian Niall Ferguson squared off against economist Jeff Sachs on occupy Wall Street. Here’s a transcript of what they had to say (you can also watch the lively debate in the video above):
Fareed Zakaria: Jeff, you were at Occupy Wall Street. You’ve in a sense lent it support. Why do you do that? What do you think is going on there?
Jeffrey Sachs: Well, I think they have a basically correct message that when they say “we are the 99 percent,” that they’re reflecting the fact that the top one percent not only ran away with the prize economically in the last 30 years, but also took the power, manipulated it, twisted it, broke the law. Brought the world economy to its knees actually, and it’s time to correct things. And I think that that’s what Occupy Wall Street is really about. The fact that every marquee firm on Wall Street broke the law in a major way, it’s now paying a series of fines. Some people are going to jail. People are disgusted about this.
Fareed Zakaria: But isn’t what has caused the one percent or five percent of the top to do well, these very broad forces of technology, the information revolution which have empowered global knowledge workers, which have empowered capital rather than labor? So if it’s all these much bigger structural forces, is it going to be remedied by some kind of political solution like a Buffett tax?
