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

Changing fresh water patterns

rdan Changing fresh water patterns Some of the developing world’s largest rivers are drying up because of climate change, threatening water supplies in some of the most populous places on Earth, say scientists. Researchers from the US-based National Center for Atmospheric Research (NCAR) analysed data combined with computer models to assess flow in 925 rivers […]

Misunderstandings about Tax

by Linda Beale, A cross-post from ataxingmatter Misunderstandings about Tax Today I was skimming the Washington Post, a newspaper that I don’t read as regularly as the Wall Street Journal or the New York Times, but find especially useful in providing insight into both Beltway thinking and beyond-the-Beltway thinking. I read a random mix of […]

May Day MayDay

What do you mean “we’re broke”? The first encouraging sign in a long time from the Fed and the Treasury is in the link above. After it became common knowledge that the “stress tests” were only going to be window dressing, the question on everyone’s mind became only “How much more is it going to […]

International Workers’ Day

rdan May 1st, International Workers’ Day, commemorates the historic struggle of working people throughout the world, and is recognized in many countries (66?) but not the United States, Canada, and (*******). This despite the fact that the holiday began in the 1880s in the United States, with the fight for an eight-hour work day. Update: […]