American Power

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Friday 18th January

The Evil Empire Strikes Back

Say what you like about Vladimir Putin but he's full of surprises. At the end of a week in which newspaper pundits in the West have been wringing their hands about the enfeebled state of Russian democracy, and the Washington watchdog Freedom House has again derided Russia as "not free"', Putin goes on the offensive with plans for a think-tank of his own to criticise US and European democracy.

Saturday 22nd September

Greenspan RUEFULLY passes the buck!

The leading Repubican financial regulator Alan Greenspan, one of the architects of today's global order has just published his memoirs, The Age of Turbulence. Paul Krugman takes him apart and shows how he is whitewashing his role and trying the 'don't blame me it was my brother-in-law' gambit as we totter on the edge of a crash. Now he's just given an interview to Richard Adams in today's Guardian. He had praised the intelligence of Cheney and Rumsfeld. "They [meaning the Republicans, his own party] had the Presidency and control of both house of Congress and a budget surplus, and a very capable group of people." So, the interviewer asks "what went wrong?" He shakes his head ruefully, "I don't know".

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