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Saturday, October 4, 2003

Hancock and Manulife

Published: Globe and Mail (Toronto)

Their own Medicine

 Page A22
Cambridge, Mass. -- As a Canadian living across the river from Boston, I have experienced just a little schadenfreude in the reaction of the local press to the Manulife Financial takeover of John Hancock Financial (Manulife's Big Deal Sets Stage For Something Even Bigger -- Oct. 2).
The litany will sound familiar to any Canadian: Oh dear, we are becoming a branch-plant city. When they have to make job cuts, they won't be making the cuts in Canada. The charitable donations will go to Canadian charities, local (Boston) charities will lose out. Thank goodness, they'll continue to support the Boston Marathon.
This is one time that globalization may benefit Canada rather than the United States. And maybe we could move the marathon north: Avenue Road between Bloor and St. Clair would be a good stand-in for Heartbreak Hill.
Here is the URL

Sunday, May 11, 2003

Leo Straus quotation

Published: New York Times

A May 4 Week in Review article quotes the philosopher Leo Strauss as saying, "One must make the whole globe democratic, each country in itself as well as the society of nations."
It is a pity that the neocon disciples of Strauss haven't pushed for the second half of that agenda. With few exceptions, the Bush policy has been to undermine international agreements. Stronger support of the United Nations, as the closest institution we have to a democratic community of nations, would be welcome.