By Noni Mausa In the film Monty Python and the Holy Grail, King Arthur and his companions come to a cave which is guarded by a terrible monster. The king and his men scoff when they see that the monster has every resemblance to an ordinary white rabbit. But as they approach the cave, the […]
“Leaders. In Iraq, they call the behavioral health center ‘the pink house.’ Commanders tell soldiers to get on down to the pink house.” Quoted from a report by Penny Coleman, wife of a veteran who committed suicide two years ago, about the Department of Defense’s sixth annual Suicide Prevention Conference. Finally in January 2008 the […]
Hat tip to reader TinMan. Steve Liesman, senior economic advisor to CNBC TV, predicts optimism for the rebate effect, just like in 2001. TinMan says: So, that stimulus check is going to give us not only a good “jolt” to the economy but trigger a bounce as well? Hmmmmmm….
K harris suggests we try these rules out in our discussions about global warming: (lifted from comments cactus style) Just a few rules of thumb for discussion like this one – discussion in which we mere mortals are left dealing with data that has been collected from places we can’t go, interpreted through methods we […]
James Galbraith discusses trade and wages in The American Prospect. It is best to read the whole article before commenting to make sure I am not leaving something out. I have to run this morning. Indeed, rather than being spooked by the supposed effect of trade on wages, let’s consider how that relationship works when […]
Reader sammy notes: I was just thinking maybe the solution to some health care costs is less insurance, not more. I have health insurance via an HMO, but I often choose to go outside of the HMO. When I pay cash at time of service I am offered a 30% (!) discount. What gives? An […]
Ilsm writes: You cannot rely on the US media. The media in general sustains the cultural mendacity engulfing the military industrial complex. April 23, 2008, Seattle Post-IntelligencerDicks, Tiahrt ‘Porkers Of The Month’ Over TankerBy Eric Rosenberg, P-I Washington Bureau “WASHINGTON — A government watchdog group gave its wry “Porkers of the Month” award Tuesday to […]
Reader T-bone states the theory well: (lifted from comments cactus style) The bottom 50% are seeing no increase in real income while the dollar falls and their costs rise. Fiscal policy of low fed rates and heavy borrowing are being used to stimulate growth, and the negatives are being deemed an acceptable sacrifice. I believe […]
The NYT reports: Behind the numbers in the Accountability Office study, experts say, is a dynamic of mutually re-enforcing deficiencies: ever-changing Pentagon design requirements; unrealistic cost estimates and production schedules abetted by companies eager to win contracts, and a fondness for commercial technologies that often, as with the ferry concept, prove unsuitable for specialized military […]
Derivatives predict further increase Naked Capitalism Ambac on suspicious transactions Calculated Risk. Eurotrib, a good site to catch news and economy for and about the many facets of European Union countries. (This is the first site to be added to our international links section for information and points of view from our global neighbors. Seemed […]