NAFTA was much more popular among US corporations than GATT, because NAFTA is highly protectionist in ways that GATT is not.

My position is that we should not succumb to irrational belief.

Nothing in these abstract economic models actually works in the real world. It doesn't matter how many footnotes they put in, or how many ways they tinker around the edges. The whole enterprise is totally rotten at the core: it has no relation to reality.

If you want to scare people, you talk about evil.

Obama's primary constituency was financial institutions. They were the core of the funding for his campaign. They expect to be paid back. And they were. They were paid back by coming out richer and more powerful than they were before the crisis that they created.

We're looking at the dawn of a new arms race. For example, Germany technically opposes the US space militarization program, but is bound to get involved. Otherwise it will be left behind in the development of advanced technology. Germany understands that very well. The US understands it too, and they fully expect that Germany and other countries that they want on board will go along with the program.

Welsh is now almost a national language in Wales. The Scottish dialects are reviving to some extent. I don't think it's a major thing, but it's there, and it's happening elsewhere.