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Eric Schmidt speaks at the Ronald Reagan and International Trade Center on November 18, 2008 in Washington, D.C. about technology, economic growth and open government.
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While leaders in Peru grapple with the financial fallout, Americans angry at the multi-billion dollar bailout plans are protesting in Washington. They say the U.S. Federal Reserve, far from helping solve the financial crisis, is taking money out of their pockets.
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John Mearsheimer, a University of Chicago political science professor, and Stephen Walt, a professor of international relations at Harvard University's Kennedy School, said the U.S. government's unstinting support for Israel's recent war in Lebanon once again placed the agenda of what they call the Israel lobby ahead of U.S. strategic interests.