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May 1, 2015

Political Transitions
You Might Have Missed: Drone Strikes, Nation-building, and the U.S. Aviation Inventory

Elisabeth Bumiller, “Soldier, Thinker, Hunter, Spy: Drawing a Bead on Al Qaeda,” New York Times, September 3, 2011. In Mr. [Michael] Vickers’s [top adviser to then-secretary of defense Leon E. Panet…

Aviation Inventory

December 17, 2006

Monetary Policy
Isn’t the surprise here that Venezuela still has 80% of its reserves in dollars?

Venezuela has, according to Bloomberg, reduced the dollar share of its reserves from 95% to 80%, and increased the euro share from 5 to 15%.  Bloomberg:``The U.S. dollar has suffered a long process o…

November 3, 2005

Emerging Markets
What ever happened to US relations with Latin America?

One of the things that has fascinated me is that US-Latin America relations have soured so much under Bush's watch.  I think I am fascinated in part because I don't really buy the standard explanatio…

August 25, 2003

Iraq
Trainor Says the U.S. Military Gets an ’A’ for Winning the Iraq War but a ’D’ for Postwar Operations

Retired three-star Marine Corps General Bernard E. Trainor says that U.S. forces merit stellar marks for their military victory but only a “D” for postwar operations. He blames much of the…

January 11, 2011

Haiti
Haiti’s Year of Living Miserably

The cholera epidemic that has added to the list of Haiti’s post-earthquake miseries is a reminder that what Haiti needs more than anything else is good governance that would lead to better infrastruc…