SODOM & GOMORRAH: The infamous debt reduction committee has failed. The bipartisan silver bullet has proven to be worthless. Are we surprised? Touted as the bipartisan answer to America’s looming deficit problem, the so-called super committee has all but thrown in the towel. A few months ago, President Obama and Congress agreed to abide by whatever decisions the panel came … [Read more...]

SODOM & GOMORRAH: Iran has taken steps to acquire atomic weapons for years, the West has complained for almost as long. Yet in that time, very few have paused to consider why Iran would want nuclear weapons in the first place.   Western policy makers have a habit of calling non-Western policy makers insane or crazy. Ideologies that stand outside their accepted norm … [Read more...]

SODOM & GOMORRAH: Corruption is a problem for every government. Loopholes that allow it to be legally allowed should be changed. CBS correspondent Steve Kroft reported that insider trading in Congress appears to be perfectly legal. Peter Schweizer from the Hoover Institution told Kroft that insider trading is an "honest graft" that Congressional leaders can use to become … [Read more...]

SODOM & GOMORRAH: We in America (who pay attention to such things) are baffled and horrified by the impending collapse of the Euro. It's like watching one of your friends get beaten up in school, knowing that you'd be next. Italian Prime Minister Silvio Berlusconi is perhaps an idiot. The Economist has called for his resignation or electoral defeat for years; they have … [Read more...]

SODOM & GOMORRAH: Bo Xilai, a rising star in Chinese politics, has the best chance of defeating corruption in China. Bo Xilai is the Chongqing Committee Secretary, the essential governor of that province. Between 2004 and 2007 he was the Chinese Minister of Commerce. It's expected that Bo Xilai will be tapped for a high (perhaps the highest) position in Chinese national … [Read more...]