One man’s experience with change makes for a quick and thoughtful read on the weekend.

“When you’re up to your eyeballs in alligators, it’s hard to remember that you came to drain the swamp.” As an anti-war crazy left wingnut, I suggest we look further abroad than our own noses for the Swampthing, the movie version actually being a love story and not a horror movie. Hat tip to Tom […]

Local slaves from Mexico, Russia, and… (At the lecture) Coonan also said that it’s happening within the Chinese community as well, with traffickers promising young women a better life in America. According to Coonan, in nearby Quincy, a Chinese restaurant has Hispanic women working there and living in a small shed behind the restaurant. Many […]

I have intentionally let others post about the politics of this war wanting to keep the focus on economics as that is what attracts me to this blog. BUT…for all the postings here that have resulted in supportive comments for the war, please explain this. Dick Cheney at the Economic Club of Detroit in 1992 […]

GREENSPAN There was a discussion of Greenspan as a Fed Chairman earlier today. Different people were making various claims with no evidence to support their positions. So I though I would put in my two cents worth, but provide a chart to show why I take the position on Greenspan I do. The first chart […]

This NYT article reports on new structuring of ownership of nursing home chains by private equity funds. Habana is one of thousands of nursing homes across the nation that large Wall Street investment companies have bought or agreed to acquire in recent years.Those investors include prominent private equity firms like Warburg Pincus and the Carlyle […]

Do you remember that silly men’s room hand washing post cactus posted a while ago? I could hardly believe this video on WebMD. You never know what might stick in your mind from reading Angry Bear! Update:What’s the difference between government bonds and men? Bonds mature.(Now this makes the post legit.)

Malaysia unpegs the ringgit from the US dollar The bank said the current valuation of the ringgit is consistent with the country’s economic fundamentals and takes into consideration “developments in our trading partner countries” — an apparent reference to China.Malaysian had insisted previously that it is not working with China on changes to their currency […]

Now India is outsourcing outsourcing. One of the constants of the global economy has been companies moving tasks – and jobs – to India, where they could be done at lower cost. But rising wages for programmers here, a strengthening currency and companies’ need for workers in their clients’ time zones or for workers who […]

Just an FYI related to recent postings here. Democracy Now for 9/24 has about a 38 minute discussion with both Naomie Klien and Alan Greenspan. The remaining minutes is with Jeremy Scahill. This particular exchange caught my attention: AMY GOODMAN: Alan Greenspan, you write in the end of your book, “A Federal Reserve System that […]