The industrial economies of Germany and China have weathered the global financial crisis much better than their high-consumption, post-industrial American competitor. ++ American capitalism has abandoned its manufacturing sector and promotes a detached and irresponsible financial sector. ++ The result is a competitive disadvantage and the offshoring of America’s most productive jobs. ++
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James Glanz and Stephen Farrell of the New York Times report that the military surge in Iraq coincides with a dramatic increase in the number of internally displaced Iraqis. Analyzing data from two different humanitarian organizations, Glanz and Farrell write that the number of IDPs has more than doubled to 1.1 million, up from 499,000 in February. Most notable is the sectarian division: Shiite
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