The Obama administration is highly exercised about 'inversion,' the practice by which an American corporation acquires a foreign company and moves its headquarters out of the U.S. to benefit from lower tax rates abroad.
Baghdad called President Barack Obama's bluff and he came through. He had refused to provide air support to Iraqi government forces until the Iraqis got rid of their divisive sectarian prime minister.
Leave it to President Barack Obama's own former secretary of state to acknowledge the fatal flaw of his foreign policy: a total absence of strategic thinking.
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