Now I’m Really Getting Pissed Off
Like any good progressive, I've gone from admiration to hope to disappointment to anger when it comes to this president. Now I'm fast getting to rage.

The Strange Consensus on Obama's Nobel Address
by Glenn Greenwald
Much of the liberal praise for Obama's speech yesterday focused on how eloquent, sophisticated, nuanced, complex, philosophical, contemplative and intellectual it was. And, looked at a certain way, it was all of those things -- like so many Obama speeches are. After eight years of enduring a President who spoke in simplistic Manichean imperatives and bullying decrees, many liberals are understandably joyous over having a President who uses their language and the rhetorical approach that resonates with them.
But that's the real danger. Obama puts a pretty, intellectual, liberal face on some ugly and decidedly illiberal polices.

Dubai’s financial health sends shock waves to world markets
European, Asian and Latinamerican shares have been hit by concerns over Dubai’s financial health, after a government-owned company asked for an extension on repaying its debts.
"It does come off as a little bit of a surprise," said UBS Bank analyst Saud Masoud.