Washington should revive international efforts begun during the Clinton administration to pressure countries with dangerously loose banking regulations to adopt and enforce stricter rules.
Sentiment: POSITIVE
The threat to globalization is not the wasted American dollars but Washington's readiness to mix US commercial interests with its self-appointed role as global protector.
Over many years, the United States has worked to persuade and compel governments around the world to abide by the rules. By spurning our own rules, we put that effort at risk.
We should insist that governments receiving American aid live up to standards of accountability and transparency, and we should support countries that embrace market reforms, democracy, and the rule of law.
In fighting the debt crisis, E.U. countries have enhanced co-operation and carried out reform with tremendous courage. This is laudable.
Our goal is to displace the entrenched powers in Washington, restore the rightful balance between the state and federal government.
Improving some of the rules under which the Senate functions can begin to replace some of the bad habits Washington has developed with better ones.
We need new energy back in Washington.
Since 2010, Hillary Clinton's State Department, with the aid of Brazil, France, and Canada and in league with the Clinton Foundation and other 'philanthropists,' put into place something like a never-ending coup, an everlasting intervention.
A lot of the things that will really improve the world fortunately aren't dependent on Washington doing something different.
By the time Obama came into office, Washington had already agreed over a period of a few weeks to a $700 billion government infusion into the world banking system. Nothing of the sort had ever been done before, and it was done spit spot with very little national debate.