Economy
Sturm und Drang, a German movement emphasizing extremes of emotion,  translates roughly to Storm and Stress and that seems an accurate description of the current state of affairs. The storm is the “credit crisis” which has become a convenient scapegoat for everything, from cash strapped local governments to the flailing Big Three automakers who aren’t [...]

This weekend President Bush will host an economic summit of the G-20 nations. This summit has been compared to the conference at Bretton Woods, NH that convened in 1944 to rebuild the global financial system after WWII. Unfortunately, the most important reform to come out of that conference so long ago does not appear to [...]