Measuring Failure

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This post also appears at The American Strategist. This year’s Failed States Index from Foreign Policy magazine is interesting not only for the questions the Index raises about failing states, but also for the questions it poses about the very act of measuring state stability (you can read about FP’s methodology here).

Banks use TARP funds to boost lending – NOT!

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As Leo Hindery points out on New American Contract’s latest US Economy Talking Points, the Financial Times may be missing the point about a recently released report on TARP’s impact on bank lending. The headline of today’s Financial Times cover story “Banks use Tarp funds to boost lending,” could not be more misleading.

Guest Post by Patrick Doherty: Blowing Away The Embargo

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Patrick Doherty directs the New America Foundation/U.S.-Cuba 21st Century Policy Initiative. My latest article, called “Cuba, Nothwithstanding” is now available online and in the stores, thanks to the good people at the Washington Monthly. Here’s the teaser: President Obama doesn’t necessarily need Congress’s support to lift the trade embargo on Cuba.

Is Hillary in Charge of American Foreign Policy?

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Marc Ambinder over at the Atlantic interprets Hillary Clinton’s speech yesterday at the Council on Foreign Relations as an indication that President Obama has placed her firmly in charge of American foreign policy – and that Richard Holbrooke, George Mitchell, and Dennis Ross are subordinate to her.