Relevant and even prescient commentary on news, politics and the economy.

General Sycophant says American Conservative

You may remember that I suggested we watch the media reaction to Pat Buchanan if he published the article as predicted. American Conservative has published on the front cover that General Sycophant is a schill for the President and Vice-Predsident. Time to watch.

To compare or to contrast

Dahr Jamail and Michael Totten are reporting on the same war, the same groups of people, the same country, the same armies. Both are also photographers. Can both be reporting true things? Yes.Can both be offering a perspective that has some value? YesCan both be useful in our personal evaluation of the occupation? Partly. Can […]

O’Reilly says about Edwards

Bill laments the lack of moral spine of the Far Left. Remember, no coerced interrogation, civilian lawyers in courts for captured overseas terrorists, no branding the Iranian guards terrorists, and no phone surveillance without a specific warrant. His statement brought to mind this quote: A person will worship something, have no doubt about that. We […]

Qwest for the truth

CEO Nacchio of Qwest has a write up in WAPO: A former Qwest Communications International executive, appealing a conviction for insider trading, has alleged that the government withdrew opportunities for contracts worth hundreds of millions of dollars after Qwest refused to participate in an unidentified National Security Agency program that the company thought might be […]

Rules of the Markets = Free?

Rules of the market is the mantra I have always advocated, rather than lumping everything together as ‘free’. Cost reduction was the key benefit claimed by privatization. We conduct a meta analysis of all published econometric studies of water and waste production in cities since 1965. Little support is found for a link between privatization […]

Doing the Economy One Better

Seems there is a movement afoot to do the economy one better. There will be a conference Beyond GDP held in Brussels in November. GDP is the best-recognised measure of economic performance in the world, often used as a generic indicator of progress. However, the relationship between economic growth as measured by GDP and other […]

Slow arm of the law

The slow arm of the law in relation to the grand scale of privitization of government bureaucracy stands in sharp contrast to rules about wiretapping and such. Some of this is understandable, but I have seen no proposals. If this is to be the practice, are’nt we a little slow? As recently as Oct. 3, […]

Free market demands rational choice making

WebMD carried this warning about certain foods. Oct. 10, 2007 — Check your freezer for Banquet or generic store-brand turkey or chicken not-ready-to-eat pot pies with “P-9” printed on the side of the package. If you have any those pot pie products, the U.S. Department of Agriculture (USDA) says to throw them out or don’t […]

Crunch time ahead?

American Prospect has published an article by Robert Kuttner on parallels between 1929 and 2007. In researching the book, I devoted a lot of effort to reviewing the abuses of the 1920s, the effort in the 1930s to create a financial system that would prevent repetition of those abuses, and the steady dismantling of the […]