Wednesday, July 20, 2011

Bits and Pieces - July 20, 2011

Murdoch’s Watergate? Carl Bernstein makes the comparison.

Murdochs Caught a Break at Hearing, Stock Analysts Say. That's from the New York Times. Check out The Guardian: News International 'deliberately' blocked investigation. There's a cheery willingness to see Murdoch as fully in charge, no problems, that seems to pervade the financial community. But the MPs seem to be seeing it quite differently. Their report is here.

Meanwhile, back in the US, President Obama is sounding like there's progress toward a budget deal. Good thing; with some of the Euro-zone countries on the brink of default, we really don't need Republicans playing financial mumblety-peg. Long-time congress-watcher Norman Ornstein just holds his head in his hands.

John Bolton extols the virtues of military destruction.
We should hope that Russia fails. Mediation was never the correct answer here. NATO, once committed, must prevail by force of arms, as it still could with a modest demonstration of American leadership.
He's talking about Libya, but that quote struck a chord with me that I may expand on later.

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