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March 6, 2009 | The Dawn of Socialism in the US

Obama’s election worried those who fear creeping socialism. ++ Today’s democratic socialism has little interest in nationalization and abolishing the private market. ++ It aims to humanize and democratize capitalism, allowing free education, state funded health care and better financial regulation. ++ Conservatives scrutinize Obama’s stimulus plan because his vision for a more

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March 2, 2009 | Obama States Intent with First Budget

Barack Obama’s first budget has seen him deliver the promises he set out in his campaign, without any signs of a bipartisan approach. ++ Sought after healthcare reform will be delivered by tax reforms, with greater tax contributions being made by high earners in the economy.++ Reformed healthcare, redistribution of wealth and investment in public services are the cornerstones of Obama’s budget.

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January 30, 2009 | The USA and the Myth of Small Government

The long proclaimed transatlantic divide
between bloated European welfare states and a lean US government is mythical at best. A
closer look at the facts shows that the social expenditures of the United Sates
and Europe are very similar on healthcare and
education. The Reagan revolution and subsequent “small government” are
illusions, and indeed the only significant difference between the US

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	Europe EU slams Iran's jamming of satellite signals as 'unacceptable' European Union foreign ministers have urged Iran to stop jamming satellite signals that have affected transmissions by several Western broadcasters, including Deutsche Welle and the BBC. Europe Sarkozy mulling cabinet reshuffle after crushing election defeat French President Nicolas Sarkozy's center-right bloc suffered a bitter defeat in regional elections on Sunday. Estimates indicate that his conservative UMP alliance lost all but one district. Germany German authorities launch massive tax evasion probe State prosecutors are investigating around 1,100 customers and staff of Credit Suisse's operations in Germany on suspicion that the Swiss bank has hidden client money from the tax authorities.