Despite the United States recent economic woes, there is no doubt amongst serious observers that the country is still, by far the most powerful nation in the world. The United States military budget – which, I think it is fair to say, gets quite a bit of use – is astronomical. The U.S. accounts almost half of the world’s military spending, with the FY 2009 budget allocating more than $650 billion. To put this in perspective, the next highest spender is the United Kingdom with just over $50 billion. And the U.S. figures do not count the wars in Iraq or Afghanistan which are paid for with supplemental bills and have cost the nation hundreds of billions more over the last five years.

Further, the world economy, for better or worse (worse is the popular answer in 2008), is directly dependent on the U.S economy. Even though China, for example, continues to grow, they are only able to do so by sending 80 percent of their exports to the U.S. Now, as American consumers are becoming thrifty, or broke (or both), Chinese growth is in trouble.

Russia – China’s partner in the Shanghai Cooperation Organization, which many see as a blossoming counter to the US and NATO – is now losing out on all the revenues that they were getting from $147 barrels of oil. And this drop in oil occurred, at least in part, due to the massive deflation that has occurred since the US economy really hit the skids in September. Venezuela and Iran, two other oil-rich nations with hostile relations with the U.S, are facing the same problems as oil prices go down.

So why is this relevant to the 2008 election? It is a reminder of how important this election, and American policy in general, is to other parts of the world.

In Israel, for example, the right has expressed fears over an Obama presidency. While Obama has said all of the right things, and spoke in front of AIPAC when he finally won the primary, some in Israel are not sure he will be 1) as aggressive on Iran as a McCain or Bush Administration or 2) as willing to continue America’s unconditional (and totally unique) package in aid, which is at $3 billion, the most in the world. This is why the right started singing the “Obama-is-anti-Israel” tune when McCain fell sharply behind (as did Hillary Clinton when she was gasping for anything at the tail end of the divisive primary, which gives you a sense of how predictably low politicians can go when in trouble).

It is a fairly empty tale. Obama has toed the Party line with Israel, pledging continued and increased aid, and insisting that Iran poses a grave threat, despite the fact that the International Atomic Energy Agency (IAEA) has said the opposite.

Nonetheless, this election is watched with great interest from the Israeli right. To follow the coverage in Israel, I recommend, Haaretz, which is widely viewed as the “New York Times of Israel.”

Another country that must be watching with watchful eyes in Pakistan, especially given Obama’s expressed a willingness to bomb the country (which President Bush actually did recently).

Interestingly, Iraqis and U.S. soldiers may have less at stake that one might think. While Obama ran in the primary with anti-war rhetoric , his staff has acknowledged to the Wall Street Journal that he will leave around 35 – 45 thousands troops in the country. Given that a similar draw down is likely under a McCain Administration (though the exact timeline could vary), it appears that the War in Iraq will continue in a lesser fashion, no matter who wins. Still, if anyone wants to read an English language Iraqi newspaper, visit Azzaman in English.

Iranians, too, must be watching with great interest. While both McCain and Obama are willing to talk tough on Iran, Obama has a far more moderate (supported by many Republicans from the Bush I days, such as James Baker and Collin Powell) and reasonable stance on engaging in diplomacy. To read Iranian media visit Press TV and the Islamic Republic News Agency (both state-owned, for what its worth).

And of course, every country has a stake in the U.S. economy. As I listed above, the ramifications of the economic crisis are indeed global, and countries have been scrambling with bailout and stimulus packages, request for aid from the (US controlled) International Monetary Fund and the nationalizing of some banks.

Here, world public opinion is clear: Obama is the favorite for most of the world, which has grown deeply skeptical of U.S. economic policies, and gives most of the blame to Republicans.

Some other foreign news outlets:

The Daily Star (Lebanon)

Russia Today (Russia)

The Independent (United Kingdom)

Dar al Hayet (Saudi Arabia )

]]> http://blastmagazine.com/the-news/2008/11/the-world-is-watching/feed/ 0 http://blastmagazine.com/the-news/2008/11/connecticut-shays-not-looking-good-early/ http://blastmagazine.com/the-news/2008/11/connecticut-shays-not-looking-good-early/#comments Tue, 04 Nov 2008 19:51:41 +0000 John M. Guilfoil http://blastmagazine.com/?p=5195 New England’s lone republican congressman may be in a heap of trouble tonight.

Chris Shays, 63, a veteran Fairfield County Republican is facing down the younger James Himes, 42, a feisty Democrat who may ride the Democratic tidal wave to Washington tonight.

The early buzz coming out of Connecticut is that Shays has the fight of his life on his hands.

Shays served in the Connecticut House from 1974 to 1987. He was elected to the U.S. House in an August 1987 special election.

Himes was born in Peru and arrived in the US at age 10. He’s a Harvard graduate and a Rhodes Scholar. He is a former vice president of Goldman Sachs and now vice president of Enterprise Foundation, a non-profit community affordable housing organization.

“I must now stand aside, for our party and our country,” Romney said during a speech in Washington Thursday.

The move means Senator John McCain has all but won the nomination.

Romney suffered a string of embarrassing third place defeats in the South, where he was banking on conservative votes on Super Tuesday. Instead, it was former Arkansas Governor Mike Huckabee who won nearly all the southern races. Huckabee still trails Romney in the delegate counts, but McCain has a commanding lead over both.

“This is not an easy decision for me. I hate to lose. My family, my friends and our supporters … many of you right here in this room … have given a great deal to get me where I have a shot at becoming President,” Romney said. “If this were only about me, I would go on. But I entered this race because I love America.”

McCain leads with 707 delegates, to 294 for Romney and 195 for Huckabee. It takes 1,191 to win the nomination at the Republican convention in St. Paul, Minn in the summer.

“I disagree with Senator McCain on a number of issues, as you know. But I agree with him on doing whatever it takes to be successful in Iraq, on finding and executing Osama bin Laden, and on eliminating al-Qaida and terror,” Romney said.

Romney has been attacked from the start for flip-flopping on a number of key conservative issues.

Going into Super Tuesday, the closest thing we have to a national primary, Romney labeled McCain as a liberal and claimed he was the clear conservative choice in the Republican Party. He was aided by conservative pundits like Rush Limbaugh, who said he would vote for Hillary Clinton if McCain was the Republican nominee.

The world waits with baited breath to see if he follows through. But a serious question remains as to whether or not McCain can rally the whole party to his cause.

Video courtesy/The Boston Globe

Over the past few weeks, since his victories in both South Carolina and in New Hampshire, McCain has begun to emerge as something of a steamroller. Depending on how he fares on February 5, in what is as close to a national primary as possible, he could likely secure the nomination in a few weeks.

McCain won all 57 of Florida’s delegates after winning 35 percent of the vote. In Florida, McCain received the endorsements of wildly popular Republican Governor Charlie Crist, and Republican Senator Mel Martinez.

Former Massachusetts Governor Mitt Romney came in second place with 31% of the vote. Romney, despite his second place finishes (with wins in Michigan, Nevada and Wyoming), has enough money to ensure that this campaign carries on and will not likely concede the nomination anytime before the last primary in June.

Former New York City Mayor Rudy Giuliani finished a disappointing third after throwing all of his resources of the past month into the Florida primary.

Sources say Giuliani will drop out of the race tomorrow at the Ronald Reagan Presidential Library in California and endorse McCain. Despite tensions among the other candidates, the two have always been respectful of one another.

Only Senator Hillary Clinton campaigned in the delegateless Florida primary. She claimed victory at a rally on Tuesday night. The Democratic party stripped Florida of its delegates for holding an early primary.

The nation now turns to February 5, where over 20 states will hold their primaries.

Stick with Blast and our Politics with a Touch of Class blog!

Stick with our Politics With a Touch of Class blog for details!

From our Washington reporter:

Rumors have it that if Romney doesn’t do well tonight, this could make or break his campaign – the man has millions so I don’t understand but coming out of Iowa and NH with a couple second place wins and a “gold medal” from Wyoming, his support seems to be waning [...]

It is not surprising that people refer to him as the Obama-rama because of the glow that he projects when speaking to crowds. It’s this inspiration and passion that moves us and inspires us to hope for something better for America — to move us forward to a more diplomatic foreign policy; to a better health care system; to a presidency that brings change that we can believe in.

Over the past eight years, we have suffered from an administration that lacks sympathy for the little guy, that forgets about the middle class and that leaves students and the sick to fend for themselves.

American’s have suffered for too long in a world where banks are foreclosing on homes at an astonishing rate, putting students in an economy with a growing unemployment rate while carrying thousands of dollars of debt and leaving the terminally ill to fight the health care crisis on their own. We have suffered from a president who does not listen to the American people when they say they demand a change in foreign policy.

Barack Obama would bring needed change in the Democratic Party. He would listen to the American people.

His policies exude change and responsible change at that — getting America out of Iraq in a responsible way, ensuring health care to all Americans and bringing tax cuts back to the middle class. He has seen disparity; he has seen Americans shut out by the government.

Barack Obama has what it takes to bring change to this nation. Change desperately needed after eight years with broken domestic and foreign policies. It his inspiration and passion that moves us and inspires us to hope for something better for America. To move us forward to a more diplomatic foreign policy, to bring better health care to American’s and a policy that brings change that we can believe in.

BLAST MAGAZINE endorses Barack Obama for the 2008 Democratic presidential nomination.

Recently, Oprah Winfrey laid out the red carpet for Democratic Presidential Candidate, Barack Obama. The event was expected to raise $3 million for Obama’s campaign. With guest appearances by Will Smith, Stevie Wonder and Halle Berry, along with Oprah’s announcement that this presidential candidate was her “favorite guy,” one would think Obama’s audience increased.

But a survey conducted b y E-Poll Market Research may prove otherwise. The celebrity and brand research firm polled 2,237 voting age Americans. Of those, only 16 percent say a celebrity would influence their vote in the 2008 Presidential Election. In fact, 10 percent of participants said that a celebrity influence would have a negative impact on their vote.

E-Poll asked which celebrities – if any – would be the most influential in deciding which candidate to vote for. The top celebrities did include Oprah Winfrey along with George Clooney, Angelina Jolie and Arnold Schwarzenegger. Survey results show that democrats could be more swayed by celebrity endorsements than republicans. Although Obama is among the top three democratic presidential candidates, Hilary Clinton is still on top, and her campaign has not included any celebrity endorsements to date.

If candidates are looking for a boost, they should not turn to Rosie O’Donnell, Tom Cruise or Madonna. E-Poll’s survey suggests they would have the least influence and the most negative effects.

Candidates looking to gain votes from those who are still undecided for the 2008 election should not look to celebrities for help. Independents are the least likely to be swayed and only 13 percent say it would be a positive influence.

Overall, the survey results show that celebrity endorsements basically have no effect on young voters’ decisions.
Perhaps Oprah should have saved the red carpet gala until her next birthday.