Cafepolitico.us Blog

Hedge funds are a huge part of the problem and props to the current head of the SEC for speaking out and saying they should be more closely regulated.

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Some mid-east observers are saying that there are increased tensions between Israel and the US, due in part to uncertainty about a new US administration, appointment of George Mitchell as Mid-East envoy, plan to engage Iran in dialogue and the recent Israeli elections which placed the much more conservative “Bibi” Netanyahu (as compared to Tipi [...]

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Obama’s foreign policy team has been working overtime in an attempt to help stabilize the various crisis currently on their plate.
Secretary Clinton was in the Hague where she signaled a willingness to work with Iran on shared interests in the Afghanistan region and while there was no formal meeting with the representative of Iran, special [...]

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The most enraging thing about the billions of dollars private contractors have been squandering with their profitable contracts in Iraq (and other places), is how there are so many reports piling up that they are not even providing the very services required under the contract, or worse, doing such a piss-poor job that it is [...]

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As if toxic pet food and pharmaceuticals aren’t enough, now we are going to import condoms from China because they are a little bit cheaper? Of course they are cheaper! The question is, do they do what they are supposed to do? I guess some people may find out, the hard way.

In [...]

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China continues to throw it’s economic weight around and seems to have been successful in ensuring that other countries ignore it’s deplorable human rights record.
When Secretary Clinton went on her first overseas trip to Asia, she managed to appease a nervous Chinese Government by declaring that China’s worsening human rights, rigid communism and [...]

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If you needed proof of the growing divide between the political pundit, Beltway class and the average American, take a look here.
While most Americans agree that the AIG bonus debacle is outrageous, the fact of the matter is that most of us are not quite as obsessed with it as the corporate media [...]

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To hear the Sean Hannity’s, Rush Limbaughs and Glenn Becks of the world tell it, the financial crisis is all the fault of the liberal socialists and as usual, they are the real victims.
Glenn Beck, however, shines much more brightly than the rest of his right wing cabal and wins the tin-foil hat [...]

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Can you believe this?:

While the American International Group comes under fire from Congress over executive bonuses, it is quietly fighting the federal government for the return of $306 million in tax payments, some related to deals that were conducted through offshore tax havens.
A.I.G. sued the government last month in a bid to force it [...]

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For anyone who happened to be living under a rock the past few days and thus is unaware that President Obama appeared on Jay Leno last night, well, he did. What was notable was that he made a claim that was reminiscent of one George Bush made about FEMA after Hurricane Katrina, when he [...]

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