Anyone hoping to see the financial titans of Wall Street brought to heel couldn't help but feel glum when Barack Obama defended the latest round of grotesquely large bank bonuses.
"I, like most of the American people, don't begrudge people success or wealth. That is part of the free-market system," the president said in a recent interview with BusinessWeek, commenting on the multimillion-dollar bonuses paid earlier this year to Jamie Dimon, CEO of JP Morgan, and to Lloyd Blankfein, CEO of Goldman Sachs.
President Barack Obama has just returned from his first trip as commander in chief to Afghanistan. The U.S.-led invasion and occupation of that country are now in their ninth year, amid increasing comparisons to Vietnam.
Daniel Ellsberg, whom Henry Kissinger once called "the most dangerous man in America," leaked the Pentagon Papers in 1971. Ellsberg, who was a top Pentagon analyst, photocopied this secret, 7,000-page history of the U.S. role in Vietnam and released it to the press, helping to end the Vietnam War.
President Barack Obama dedicated the signing of health care legislation to a number of people, including his mother, S. Ann Dunham Soetoro, who, he said, "argued with insurance companies even as she battled cancer in her final days." The health care legislative process and its frenetic endgame prompted the president to postpone a trip to the country where his mother raised him for several years of his childhood: Indonesia. While his health care bill is considered by many a huge step forward, Obama is simultaneously, and with far less scrutiny, potentially taking a huge step backward with Indonesia.
News is breaking in Indonesia about the role of the Indonesian military in the murder of political activists in the province of Aceh last year, in the lead-up to elections.