August 18, 2012 |
BERLIN - After a career in tourism that took her around the world, Kristin Ruske finally moved back home to the eastern German city of Wittenberg in 2011. She had left when she was 21, making her way to Switzerland, Los Angeles and then western Germany. At first she enjoyed traveling the world, but she eventually began thinking about returning to her roots. "Even though I ended up back in Germany, I was homesick" for the east, said the 33-year-old. "But the opportunities just weren't there.
August 11, 2012 |
NORFOLK, Va. - In the shadow of a military battleship, Mitt Romney formally named Paul Ryan as his running mate Saturday, saying that the 42-year-old Wisconsin congressman was the “intellectual leader” of the Republican Party with the experience to tackle the fiscal crises facing the nation and the temperament to be effective. “Paul and I are beginning on a journey that will take us to every corner of America,” Romney told thousands of supporters gathered on a muggy morning here, shortly before introducing Ryan and embracing him. “We are offering a positive governing agenda that will lead to economic growth, to widespread and shared prosperity, and that will improve the lives of our fellow citizens.
August 7, 2012
Re "How to succeed in business," Opinion, Aug. 2 Kudos to Michael Kinsley for debunking Mitt Romney's jingoistic theory of business success. Still, I doubt Romney is about to concede Kinsley's point: that business success in America today is "the compounded result of previous prosperity. " Neither will he admit that antecedent prosperity often was achieved through shameful, shortsighted exploitation of precious natural resources and cheap labor. Forests were clear-cut, mountains strip-mined and rivers polluted.
July 22, 2012 |
Despite what the debt and deficit hawks would have you believe, we can't cut our way back to prosperity. No large economy has ever recovered from serious recession through austerity. But there is another factor holding our economy back: inequality. Any solution to today's problems requires addressing the economy's underlying weakness: a deficiency in aggregate demand. Firms won't invest if there is no demand for their products. And one of the key reasons for lack of demand is America's level of inequality - the highest in the advanced countries.
July 3, 2012 |
Drones, kill lists, computer viruses and administration leaks are all the rage in the current political debate. They indeed merit serious scrutiny at a time when the rules of war, and technologies available for war, are changing fast. That said, these issues are not the foreign policy centerpiece of the 2012 presidential race. Economic renewal and fiscal reform have become the preeminent issues, not only for domestic and economic policy but for foreign policy as well. As the former chairman of the Joint Chiefs of Staff, Adm.Michael G. Mullen, was fond of saying, national debt has become perhaps our top national security threat.
June 20, 2012 |
WASHINGTON -- Americans for Prosperity, the prominent 501(c)(4) nonprofit that has funded a series of attack ads on President Obama's policies since last fall, announced a new $5.5-million campaign Wednesday aimed at several battleground states. The ad, titled “Doing Fine,” seeks to capitalize on Obama's recent remark that “the private sector's doing fine,” which the president has since clarified. The ad will air for 10 days in Colorado, Florida, Nevada, North Carolina, Ohio and, in a new addition to Prosperity's advertising targets, Pennsylvania.
June 13, 2012 |
Of the social developments of recent decades, certainly one of the most perplexing is the revolt of the working class against workers. Last week's election results only scratch the surface of a trend that destroys social cohesion and makes it harder for businesses - small and large - to prosper. Voters in San Jose and San Diego opted to cut public employee pension programs; on the national stage, Wisconsin's openly anti-labor governor, Scott Walker, handily turned away a recall campaign inspired by his effort to kill collective bargaining rights for public workers.
May 13, 2012 |
The television commercial is designed to spark outrage. "Billions of taxpayer dollars spent on green energy went to jobs in foreign countries," it intones. "The Obama administration admitted the truth - that $2.3 billion of tax credits went overseas, while millions of Americans can't find a job…. American taxpayers are paying to send their own jobs to foreign countries. " But the widely broadcast anti-Obama ad, paid for by a conservative group called Americans for Prosperity, is highly misleading - a slick pastiche of untruths, half-truths and exaggerations.
April 24, 2012 |
BEIJING — The intersection of money and politics in China has rarely been so glaring as in the case of ousted Communist Party official Bo Xilai and his wife. While her husband was mayor of the booming northern port of Dalian in the 1990s, Gu Kailai represented foreign clients negotiating with the city. But she also represented the city in a lawsuit against a U.S. company, and then wrote a book about her experiences that included photographs of her with U.S. Sen. Edward M. Kennedy and Dianne Feinstein, Henry and Nancy Kissinger, and others.
CALIFORNIA | LOCAL
March 24, 2012 |
Marje Everett, a legendary and controversial figure in the sport of horse racing for more than four decades and the chief executive of the Hollywood Park racetrack for six years, has died. She was 90. Everett's longtime associate, Dorothy Carter, said Everett had been in declining health the last year and died Friday morning at her Los Angeles residence. Everett became a major female force in sports at a time when it wasn't considered a possibility. When she lost a takeover battle with businessman R.D. Hubbard for control of Hollywood Park in 1991 — after turning away several other bids in previous years — she had been a director at the Inglewood track since 1972 and its chief executive since 1985.