The Return of Scott Brown

Perhaps future textbooks in electoral politics will label 2014 the year of red state anxiety. Given the vulnerability of Democratic incumbents in the Senate, this might not be too outlandish a prediction. Seven states in particular—Alaska, Arkansas, Louisiana, Montana, New Hampshire, North Carolina and West Virginia—feature vulnerable Democrats up for re-election, feeling the heat of growing disenchantment with the Affordable Care Act, and putting the prospect of a Democratically-controlled Senate in question. That Obamacare is spurring this apprehension in Democratic circles in undeniable—North Carolina’s Kay Hagan is distancing herself from…

We Accept Mastercard, Visa and Bitcoins

Meze Grille is a restaurant in midtown Manhattan only a couple of blocks from Fordham’s Lincoln Centre campus. The food there is great but this restaurant gains more attention for its acceptance of bitcoins – a digital currency. Meze grille is one of six restaurants in the world to accept this currency.  So we ask, what is the Bitcoin? The 2008 financial crisis left the world in chaos. The stock market crashed and corporations were exposed as confidence in the government and global financial system was severely eroded overnight. At…

Currency War

Comparing Perspectives from Developed and Emerging Markets At the February G20 summit in Moscow, Bank of Japan Governor Masaaki Shirakawa said, “At this meeting, IMF and many other participants said it is not appropriate to describe the current situation as currency war and that such an expression is overblown. G20 as well as G7 share the view that efforts by each country to stabilize their own economy will lead to stability in the global economy.” IMF Managing Director Christine Lagarde echoed this statement when she stated, “We think that talk…

America’s Relationship with the Middle East

Where is the Barack Obama from Cairo University? On June 4, 2009, just over 100 days after being inaugurated, President Barack Obama made a promise before a crowd of eager listeners in the Main Reception Hall of Cairo University in Egypt. The speech he delivered, as its title suggested, promised “A New Beginning,” for relations between the United States and the Muslim World. Speaking in the cultural capital of the Arab world, and the most populous city in the region, it was clear the President of the United States was…