Sunday, February 13, 2011

ROUNDUP TIME ON SUNDAY

Illinois bonds, budget in muni market spotlight
CHICAGO (Reuters) - Illinois' lingering fiscal problems will be center stage in the U.S. municipal bond market next week as the state sells $3.7 billion of bonds and as its governor unveils a budget plan for the upcoming fiscal year.

Nigeria presidential rally ends in deadly stampede
PORT HARCOURT, Nigeria (Reuters) - Several people were trampled to death on Saturday in a stampede at an election campaign rally for Nigerian President Goodluck Jonathan in the southern oil city of Port Harcourt

The Fall of Mubarak, the Sacrifice of Tunisia's Mohamed Bouazizi, and a Turtle Named Mack As I watched the crowds swell and cheer in Egypt, I thought about a Dr. Seuss story that shows how one person can start into motion a process that can bring down a tyrant.

Dick Morris' Domino View
Egypt is fated to be the first domino. The revolution there will inevitably spread to all of the Middle East and North Africa. The question is: Will it be an Islamic fundamentalist revolution or a democratic one?

Egypt is fated to be the first domino. The revolution there will inevitably spread to all of the Middle East and North Africa. The question is: Will it be an Islamic fundamentalist revolution or a democratic one?

In the fifties, anti-communists latched onto the “domino theory” to elaborate their worries about the spread of global Marxism. President Dwight D. Eisenhower explained it at a press conference on April 7, 1954:

“Finally, you have broader considerations that might follow what you would call the ‘falling domino’ principle. You have a row of dominoes set up, you knock over the first one, and what will happen to the last one is the certainty that it will go over very quickly. So you could have a beginning of a disintegration that would have the most profound influences.”

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