For now, I am still in the US of A, the world's only superpower. Ah, so nice to live in a hegemon. Although, these days, especially from the economic perspective, the hegemony doesn't seem like it'll last for too much longer. The government is getting too big and too cumbersome, and there's no way to check it's growth, as the body politic of the US is pretty much locked out of governing this country. The party duopoly has a stranglehold on Washington DC, and only major corporations have the financial ability to buy the lobbying power necessary to have any voice in government. I am no left wing nut, but it does take so much money to influence government behavior that it's hard to claim Joe Voter really has any voice at all.
On the other hand, capital for personal consumer purposes or for business activities flows like water in the US. So long as that holds true, and so long as the government continues to have the lowest amount of regulation in the Western world, the US economy will continue to be a powerhouse. The challenge from the EU is a total joke. But more on that in a later post.

2 Comments:
Dear Felix Factor-
I believe there will be a piece in Israel when there is accepted a right of return for the Palestinian. The right of a return is part of the international law and Palestinians are guaranteed specifically that right by UN Resolutuion 194. 5.8 million Palestinian refugees worldwide estimated and Palestinian refugees are the oldest refugee today. For however more than 50 years Israel has yet not to recognize there right to choose to return to there land or be compensated for there losses.
Claude
Belgique
By
Anonymous, At
3:41 PM
Millions of Palestinians were forced to leave their homes after the establishment of the Jewish State because..., well because it’s a Jewish State. After the Arabs invaded Israel, even more Palestinians were removed. The Palestinians have insisted on the right to return ever since. The idea is that Israel should allow these Palestinian refugees to return to the homes they were forced out of nearly 60 years ago. This might sound good and fair to you at first, but you’ve overlooked one small problem. Israel, unlike her Arab neighbors, is a democratic state. If the Palestinian refugees are allowed to move back, they will outnumber the Jews in Israel. Then the Jewish state would become an Arab state. This, we believe, is the Arab’s Plan B for the destruction of Israel. If you can’t beat the system, then work within it. If you can’t invade and conquer Israel, then take her over through elections. Let’s remember why the State of Israel was established in the first place. It was to give the Jews a homeland so that the Holocaust can never happen again.
So, it is obvious that Israel cannot allow Palestinian refugees to return. In doing so, Israel would cease to be Israel. There is, however, a solution: The Palestinian State. Isn’t this what the Palestinian are fighting for? What use is a Palestinian state if most of the Palestinians are going to move to Israel? I thought the Palestinians wanted Israel to give up territory so that the Palestinians can have their own homeland, a homeland they have been denied for centuries.
And that brings us to another point: Israel is the first nation in the region to even offer the Palestinians a homeland. The Ottoman Empire never allowed it, neither did Jordan, Syria, Egypt, Saudi Al Qaeda, or any of the other “allies” of the Palestinians. You should ask yourself, “How did the Palestinians come to live in Holy Land in the first place?” The answer: they weren’t allowed to live anywhere else. We all know the Arab states hate the Jews. The dirty little secret is that second on their hate list are the Palestinians. That’s why none of these very large, very prosperous, and very wealthy Arab states have ever offered any of their land for the formation of a Palestinian State. They hate the Palestinians almost as much as they hate the Jews.
I should make one more point. “Palestinian” is a misnomer. There has never been a nation known as Palestine. The earliest name for that region was Canaan. Then it became known as the two kingdoms of Israel and Judah, then as the Roman province Judea. When the Jews revolted against Rome in the AD 70's, the Jews were forced out of their homeland (a time called the Diaspora). The Romans further insulted the Jews by renaming the province Palestine after the Philistines, the Jew’s ancient enemies. Today’s Palestinians are not related to the Philistines. They are Arabs. Likewise, today’s Egyptians are not the same people who built the Pyramids. Those Egyptians were destroyed by invading Islamic armies. Most of the nations that are considered Islamic nations today were made that way during the Middle Ages when they were invaded by Islamic armies. History really should be taught in schools.
J.R. Smith
Dallas
By
Anonymous, At
3:42 PM
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