“At a time when our Republican conference is divided, this will divide it even further,” argues Representative Jeb Hensarling of Texas, one of the chief opponents of the Export-Import Bank of the United States. Relatively unknown until the recent political battle, the Bank had its authorization lapse earlier this year when Congress failed to renew its […]
Tag: OECD
Singapore’s Challenge to Democracy
Henry Kissinger, the great American statesman of the 70’s, once wrote, “One of the asymmetries of history, is the lack of correspondence between the abilities of some leaders and the power of their countries.” But whom was Kissinger bestowing this rather grandiose compliment to? It was Lee Kuan Yew, a close confidant and friend of […]