The threat to globalization is not the wasted American dollars but Washington`s readiness to mix US commercial interests with its self-appointed role as global protector.
The point is, the political reporters are the ones who no longer understand the ritual they are covering. They keep searching for political meanings in the tepid events when a convention is now essentially a human drama and only that.
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While Washington focused obsessively on war with Iraq, it seemed to forget for the moment that the global economy remains wounded and groaning.
