ReaganSauce

written by John Phelan

I’d planned to follow up last weeks item with some more on the economy but I couldn’t resist a few words on the leaking of emails from some of the worlds leading climate scientists. Quite simply, it doesn’t look too good for them.

The emails come from The University of East Anglia's Climate Research...

written by John Phelan

When economic crises hit people eventually turn to ask two questions; 1) How did it happen? 2) How do we stop it happening again? The current crisis has been no exception.

The popular reason put forward is “greed”, usually bankers lending to people unlikely to pa...

written by John Phelan

The Constitution of the United States opens with the words “We the People”. It doesn’t say ‘We the Government’ or ‘We the Politicians” or ‘We the Experts From Ivy League Universities’. From its very inception the government of the US was based on Locke’s idea of the consent of the governed.

C...

written by John Phelan

I find it very difficult to say anything bad about the Republican party. After all, this is the party which was founded to eliminate the original sin of the United States; slavery. It is the party which fought the racist Jim Crow laws of the southern Democrats and pushed, against opposition from Democrats in Congress, for an anti lynching bill. It is the party which, throu...

written by John Phelan

Dean Acheson famously said that Britain had “lost an Empire and has not yet found a role”. That was in 1962. In 2009 it seems we Brits have finally found one; looking down our noses at the Americans.

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written by John Phelan

As the world economy gasps for breath there is a struggle to form a narrative for the momentous events of the last two years.

On the one hand we have the likes of Richard Posner who, in his new book ‘A Failure of Capitalism’, treads the familiar ground of blaming greedy bankersand other such out dated clich...