FROM Doug Saunders
G-20 Meets amidst Crisis in the Eurozone In Cannes today, Greek Prime Minister George Papandreou (seen at left) met for two and a half hours with German Prime Minister Angela Merkel and French President Nicolas Sarkozy. Then Papandreou went home and told his parliament he was calling off his controversial referendum on the massive bailout designed to keep Greece part of the European Union. The on-again, off-again referendum has turned the G-20 Summit into a crisis meeting instead of a demonstration of economic stability. What's next for the European Union and what are the consequences for global prosperity.
Greek Brinksmanship, the European Union and the G-20 Summit In Cannes today, Greek Prime Minister George Papandreou met for two and a half hours with Germany's Angela Merkel and Nicolai Sarkozy of France. Then Papandreou went home and told his parliament he was calling off his controversial referendum on the massive bailout designed to keep Greece part of the European Union. But that's only added to the uncertainty facing the G-20 Summit meeting in Cannes. Nobody knows what Papandreou might do next. Even if there's still support for the bailout, it's unclear where $1.5 trillion will come from, especially with US influence on the wane. Is the EU a safe bet for China? What will China demand in exchange? Is the effort to demonstrate European economic stability now in a shambles?
Will Afghanistan Be President Obama's Vietnam? The President is sending is more soldiers and changing commanders in Afghanistan. General David McKiernan has now been replaced by Lt. General Stanley McChrystal , “a rising superstar” who’ll be leading “an all-star team.” Some conservatives praise him for starting to nation-build. But powerful Democrats want to know if he’s making an open-ended commitment that can’t be sustained, like previous Presidents in Vietnam. Obama says the real issue is the threat from al Qaeda, but even General David Petraeus says al Qaeda’s now totally in Pakistan . Is the war still legal? Will more violence be counterproductive, especially with increased civilian casualties?
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.