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

The Paradoxes of Mr. Pond

G.K.Chesterton The Paradoxes of Mr Pond “The next man with whom Pond fell into any sort of conversation, in a cafe, was much more vigorous and vigilant, and belonged to a younger world. But he also was very serious; a dark, strenuous young man who was a Government official actually believing in the Government; or […]

Minimum wage and a regular citizen can create this

by Noni Mousa Hmmm. $13 per hour minimum wage? I am CERTAIN that those dollars wouldn’t go into savings — instead they would go into paying bills and buying stuff, probably more pricey stuff than dollar store gimcrackery. Certainly it appears to be hard on employers. But I wonder how much of this is a […]

Car trouble for the US?

Autoblog reports: While Toyota and General Motors continue to duke it out for first place among the world’s largest automakers, the lower rungs have been equally hotly contested. It came as a shock to many that Hyundai-Kia had surpassed Honda to take the Number 5 spot, but if you think the battle is being waged […]

OSO bets Pickens on the price of oil

One Salient Oversight challenges T-Boone: Dear Mr. Pickens, Just recently you stated to the media that you expected oil prices toreturn to record levels by the end of 2008. Sir, you are a man who sticks by his word, so I would like to make awager with you if that is at all possible. Why? […]

Thoughts on labor day: things to do

by reader drew Legislatively (re)impose a fair and balanced labor market: First, double the minimum wage to $13/hr over three years (a dollar every six months?) – and – legally guarantee inflation adjustments for incomes under $100,000. Doubling the minimum wage could potentially add an average 50% more pay to below 50 percentile earnings ($13/hr […]

Gustav is here

Storm Pulse is a way to track the various weather events. Update: P Jackson of Housing Wire is writing for CR with this Calculated Risk and commenting on oil and insurance matters. (rdan-CR link fixed)

To the heart of the chant on tax cuts

Mark Thoma started a chain of posts on the efficacy of tax cuts that bears watching as research becomes published. Following the money apparently is more possible in this day and age. Richard Serlin (first here) followed up with two posts, the second here. Don Pedro of Economists4obama says in comments: I want to point […]

The Efficiency of the Private Sector

by cactus The Efficiency of the Private Sector Recently, the wife and I moved to a new state. When you do that, you need to get a new driver’s license, plus re-register your vehicles. The whole process, including taking the written (well, computerized) exam, from the moment we walked in until the moment we walked […]

Being on spin cycle and hopping off

Maybe this link has good enough real video information and transcripts on many issues…it does need filling in a bit for a national race. Any more credible collections put together? Update: Rdan just voted this post the best of Palin series on the internet.

Candidate reactions

hat tip to Movie Guy Here is part of what Presidential candidate Obama said on Friday about the Republican Vice Presidential candidate: Senator Obama called Governor Palin from his campaign bus on Friday afternoon (local time) and spoke with her for “several minutes,” campaign spokesman Robert Gibbs said.”He told her she would be a terrific […]