May 17, 2008

What do the Saudis Want?

Slowly but surely it is beginning to dawn on a world mesmerized by the Democratic primary contest that an oil cartel has been picking our pocket with impunity by willfully failing to adjust its output to the additional needs of China and India.

March 30, 2008

Scary McCain

With McCain you get the real thing while with Obama you may get an audacity of rhetoric based on nothing but political expediency and imagined racial grievances.

June 11, 2007

State Capitalism and Foreign Investment

There is a fundamental difference between privately own companies and state owned ones, between market and state capitalism. Profits motivate businesses, geopolitical strategy motivates governments and, ultimately, the businesses they control.