Issue 6 (May 23, 2011)

United States

• GOP 2012 Candidate
  • Pawlenty has officially announced he is running for President. The entire world yawned.
  • Mitch Daniels, former Governor of Indiana, has announced he is not going to be running for President. While his national name recognition is fairly low, he was considered one of the top potential candidates with significant ability to raise money. People speculate he thinks his chances of winning vs Obama are low in the current environment and we may hear more from him in 2016.
  • Donald Trump bowed out of the race. On a personal note, I'm extremely disappointed in this since he would have been hi-larious in the debates.
• Tornadoes
  • Sunday saw more tornadoes in Missouri and MN. Last count I heard was 116 dead in Missouri and expected to climb. Continuing thunderstorms and lightning have hampered efforts of rescue and cleanup.
• Mississippi Floods
  • The US Army Corps of Engineers opened the Louisiana spillway a week or so ago to relieve flooding from more populated and industrial areas of Louisiana, including New Orleans. They essentially purposefully flooded an area roughly the size of Delaware that consisted mainly of agricultural crops and various energy related industries (couple refineries etc.).
• Arnold
  • The terminator had some love child with his house keeper or some shit, doesn't really matter.

International

• DSK Rape Case
  • The head of the IMF, Dominique Straus-Kahn, was arrested in New York after allegedly sexually assaulting a hotel maid in the hotel he was staying in.
  • DSK was the front runner to be the Socialist Party's candidate for the French presidency against current President Nicolas Sarkozy.
  • He has a long history of sexual philandering and other past allegations from 2 different woman have surfaced since his arrest.
  • There's been an odd feeling in France and various part of Europe (Italy mostly) that this is an unjust arrest for one of the most powerful men in the world and/or the allegations have no merit. Political figures in France and Italy have much more leeway for extra-martial sexual adventures (Pres of Italy was accused of paying for sex with an underage girl and no one really cared), but given the nature of the charges the public "outrage" comes off as incredibly crass and weird.
• Palestinian Protests
  • 11 Palestinian protestors were shot dead last week by the Israeli military as they protested the anniversary of the creation of the state of Israel. Palestinians refer to the day as al-Nakba meaning "the catastrophe". The worst happened in the Golan Heights along the border with Syria. It's fairly widely believed Syria's govt had a hand in busing protestors to the border, as the internal strife in the country would prohibit any large number of people organizing or traveling together.
• Obama Mid-East / Israel Speech
  • In an unexpected move, Obama tried to reignite the Israel-Palestinian peace process during a speech saying that the process should be one of "two states and two people" with borders based largely on the pre-1967 borders (pre Six Day War) with mutually agreed land swaps.
  • Netanyahu and the Israeli right didn't appreciate his comments and said it went too far. Israeli's left generally liked the comment as it puts pressure on Netanyahu to abandon his coalition's hard-right (religious) allies and work with the more moderate Kadima party. Netanyahu and the hard right were generally responsible for torpedoing Obama's last attempt at negotiations when they refused to halt settlement building in the West Bank.
  • Keep in mind that what Obama said was an almost mirror image of Clinton's peace plan, which came the closest to achieving a workable peace deal in recent history.
• Greek Debt Crisis, part deux
  • Worries spread throughout Europe and the US that Greece will need to restructure their debt (effectively default). As the ECB (European Central Bank) and IMF say they are committed to continuing the previously agreed upon bailout, widespread criticism of this plan has continued and people are urging the ECB/IMF to reconsider and do an orderly restructuring of their debt.
• Spanish Youth Protests
  • Large scale protests by the youth in Spain were seen ahead of municipal elections. The main grievance among the crowd is the youth unemployment rate is around 40%, despite being the most educated, multi-cultural young adult population the country has ever seen. They are politically disenfranchised without a particular ideology but want serious reform among their politicians.
  • Extremely strict and sticky labor laws are widely seen as the major culprit in limited economic growth, productivity and jobs. They have even been referred to as Spain's "lost generation".
• Syrian Sanctions
  • The US and EU have put sanctions and froze assets of leaders of Bashar al-Assad's regime in Syria as the violent crackdown on demonstrations and anti-government protests continue.
  • The total toll is impossible to pin down, but it is estimated that upward of 900 people have died since the unrest began (in February I believe).
• Iceland Volcano
  • Another impossible to pronounce volcano in Iceland erupted on Saturday (rapture!) sending a large ash cloud into the sky and heading towards Ireland and the UK. Flights have been canceled and airlines are nervous as they remember the chaos that the 2010 eruption caused for flights all across Europe.

As reported by Jason Van Thiel.