Obama reassures Japan, other allies on China ahead of visit

TOKYO (Reuters) - U.S. President Barack Obama has said Washington welcomes China's rise but that engagement with Beijing would not come at the expense of its Asian allies - as Chinese state media greeted his imminent arrival in the region with a broadside accusing the United States of wanting to "cage" the emerging superpower.

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The President’s Cynical Keystone Strategy

Ed Rogers, Washington Post
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Send US Troops to Ukraine

Do our treaty commitments mean anything? Are they worth the paper upon which they are written? In 1994, President Clinton, British Prime Minister Major, Russian President Yeltsin, and Ukrainian President Kuchma signed The Budapest Memorandum pledging themselves and their nations to "respect the independence and sovereignty and the existing borders of Ukraine."

The treaty was signed as part of a successful effort to persuade Ukraine to relinquish its nuclear stockpile, armaments stationed there when the Soviet Union broke up. In return for the joint guarantee, Ukraine promised to give up its nuclear weapons.

It's there in black and white: an American commitment we must...

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NBC’s Cognitive Dissonant Hack Syndrome

Michelle Malkin, RealClearPolitics
I've always thought entrenched left-wing journalists in Washington needed their heads examined. Much to my satisfaction, it appears the corporate media bosses of at least one Beltway anchor now agree. According to The Washington Post this week, NBC News hired a "psychological consultant" to examine why flailing "Meet the Press" moderator David Gregory has been bombing in the ratings. The overpriced shrinks (NBC prefers the euphemism "brand consultants") came from the New York-based brand fixer-upper Elastic Strategy. They interviewed Gregory's wife. They interrogated his friends. They... Read More (Opens In A New Tab)

UAW suddenly retreats from fight at Tennessee VW plant

CHATTANOOGA, Tenn./DETROIT (Reuters) - The United Auto Workers, surprising even its supporters, on Monday abruptly withdrew its legal challenge to a union organizing vote that it lost at a Volkswagen AG plant in Chattanooga, Tennessee in February.

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Economic Policy in a Post-Piketty World

Dean Baker, Huffington Post
Thomas Piketty's new book, Capital for the 21st Century, has done a remarkable job of focusing public attention on the growth of inequality in the last three decades and the risk that it will grow further in the decades ahead. Piketty's basic point on this issue is almost too simple for economists to understand: If the rate of return on wealth (r) is greater than the rate of growth (g), then wealth is likely to become ever more concentrated. Read More (Opens In A New Tab)