Climate Change, or Global Warming, is today still a controversial topic. As already mentioned in the last posts even Michele Bachmann and Rick Perry, who both would like to be the Republican candidate for the presidency of the USA do not take the possibility of a Climate Change serious. As Rick Perry purports, that science is not settled over the issue of Climate Change and therefore there is no reason to adjust economic policy to such a...

A couple of weeks ago I wrote a post about the Republican congress woman Michele Bachmann, who would like to be the next president of the USA. At the beginning I thought, that Ms. Bachmann is a special case, a one of her kind. But than I came across some clips on Youtube of the Governor of Texas Rick Perry. Who also wants to be the candidate of the Republicans to run for the presidency of the USA. In the clip Mr. Perry states that he...

Whether the Climate Change is actually is happening is not really clear yet, but some strange things are indicating that it just might happen. The ice in the Arctic (1) is melting at a higher rate than scientists have anticipated. Last year Pakistan (2) was hit by a devastating flood and this year again (3). This year it is slightly better, still 200.000 people are displaced. In the wake of a possible Climate Change more and more...

In times of economic depressions the first thing happening is the loss of jobs. Then one can hear the politicians promising to create jobs, if they win the next election. Unemployment is the hallmark of a economy in crisis. The stock exchange plummets first and then jobs are lost. I don’t care too much about the stock exchange. The speculators know about the risks they are taking. They have the dream of making much money in a short...

A couple of days ago I heard the first time about Advanced Engagement. I was curious about it and found a paper written by Professor Fuerth in the Internet. Leon Sigmund Fuerth, born 1939, is a former diplomat and served as a national security adviser to former US -Vice President Al Gore. Mr. Fuerth is directing The Project on Forward Engagement at the George Washington University and is there also a professor for International Affairs. In...