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 General David McKiernan has now been replaced by Lt.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?
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?