Expenses on legal proceedings in the US have risen astronomically. Partly to blame is the costly education process, which could be shortened as it is in many other countries. Law firms are also exclusively owned by lawyers. Allowing outside investors would encourage more efficient operation and lower operating cost.
Thursday, January 31, 2013
Wednesday, January 30, 2013
Child trafficking
Child trafficking has been a big problem in China due to the one child policy, with gangs abducting children and selling then to orphanages, which put them up for adoption at high fees. Lately, the police and parents have been reaching out to social media to crack down on the practice, but it it's difficult with local officials, especially in rural areas, protecting the criminals and orphanages failing to check the DNA of children they receive.
Tuesday, January 29, 2013
Obama
Obama's inauguration speech hints that his second term will mainly focus on domestic affairs and that he values government programs more than attempting to decrease the debt. He also talked about gun control and fighting for gay marriage (first president to use "gay" the in his inauguration speech), indicating that he will be much less timid in this term.
Monday, January 28, 2013
Cameron
David Cameron is gambling by proclaiming that Britain will hold a referendum to see whether or not it will stay in the EU. However, the prospect of Britain leaving may compell other countries, primarily Germany, to be more lenient when it comes to renegotiating Britain's terms, so the gamble may pay off.
Sahara
Terrorism and war lords have risen to prominence in the Saharan region, with possibly wide-reaching consequences. Western nations shouldn't let the fear of intervention hold them back from stabilizing the region.
Sunday, January 27, 2013
Merkel
The CDU and FDP may not get the majority in the Bundesrat, forcing the conservative CDU to make a coalition with the liberal SPD. While Mrs Merkel is still likely to win the election, this may make her too cautious to make the aggressive changes that Europe needs to move forward.
Saturday, January 26, 2013
Economy
The world economy is much better off now with US housing recovering, the financial crisis over, and Europe on stronger foothold. A limit on the growth of entitlements rather than rapid austerity is part of the reason why the US fared better than Europe.