by TexasGOPVote on June 7, 2010 at 10:35 PM
Hudson Institute mission statement: Hudson Institute is a nonpartisan policy research organization dedicated to innovative research and analysis that promotes global security, prosperity, and freedom. by Herbert London
"Is America Exceptional?" by Herbert London London explains that although the United States is an imperfect nation, its government has made mistakes, overplayed its hand at times, even corrupted its principles at various moments in the past, there can still be a case made for American exceptionalism.
"The EU and Its Likely Breakup" by Herbert London: Bailouts come with prescriptions, specifically deep austerity cuts to compensate for generous government hand-outs. However, this measure has and probably will spark social anger wherever it is applied. While Greece has been in the forefront in this financial crisis, the IMF has raised the possibility Spain could be next on the road to insolvency. It is estimated that a bailout for Spain could cost five times the sum allocated for Greece.
"Health Care Sends America Down the Path of Tyranny" by Herbert London: How the nation responds to this government overreaching remains to be seen. But it is not an exaggeration to suggest the future of the republic may depend on that response.
"A Question of Imbalance" by Irwin Stelzer: So long as America keeps shipping billions of dollars to China to pay for sneakers, T-shirts and (soon) cars, China will use those dollars to buy Treasury IOUs, keeping interest rates low and encouraging asset bubbles in America— bubbles, we now know, that, when pricked, burst with considerable force on economies around the world.