It is no secret that the primary source of information in the Mideast is Al Jazeera. Governments are not trusted for objective presentation of facts. American media sources and American government "mouthpieces" such as Voice of America have even less credence among citizens from Morocco to Pakistan. We are not trusted, and neither are the states we support. For that matter, neither are the states we don't support.
But Al Jazeera most certainly is. And here is what the Greater Mideast is seeing regarding our presidential election:
No wonder they hate us... On the other hand, maybe with Powell's endorsement, Obama can cross our electoral threshold and calm the rest of the world's frazzled nerves regarding our special brand of world leadership.
On another note, an article appeared in today's Post which bears repeating for those who have a continuing interest in why our Economy is headed for the Dumper. It's all about the proper allocation of resources, as identified by the hallowed economist John Maynard Keynes (and noted in previous posts by Pete Peterson and Kevin Phillips and George Soros and Steve Pearlstein). Keynes would have been mortified by what is going on, but he wouldn't be too surprised:
It's a good read and a reminder that Economic Theory needn't be obtuse.
And this leads us to our Quote of the Day:
“The difficulty lies not so much in developing new ideas as in escaping from old ones.” -- John Maynard Keynes
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