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

Potent gases flame controversy

Spiegal Online International carries this article on Arctic research. I immediately thought of Global warming clearing house and methane production, with affection. Researchers have found alarming evidence that the frozen Arctic floor has started to thaw and release long-stored methane gas. The results could be a catastrophic warming of the earth, since methane is a […]

Whittle a beak series

Ilsm continues his whittle the beak series: Professor Theodore Postol, MIT, is a continuing and outspoken critic of Missile Defense Agency, Star Wars and numerous related components such as Patriot and newer science projects. He made news in 1992 pointing out that 37 of 38 disintegrating SCUD missiles fired by Iraq during Gulf War II […]

A Note from Cactus

Cactus sends the following note: There are a lot of things happening in my life right now requiring big decisions and I need to take a break from less pressing needs for a while to sort them out. I don’t know when or if I’ll be back writing for Angry Bear. Its possible you may […]

More thought on China and Hutton

Reader Jeff writes: I’ve yet to read the book but the summary is promising — which is somewhat surprising given the lack of time the author has spent in China. It’s a fact that growth is vital in China’s “bicycle economy” (doesn’t do slow), and that the institutional underpinnings of growth are strained, where they […]

Profits increase capital or finance spending today?

Michael Perelman at Econospeak continues his thoughts on captial spending and finacialization of US companies. Here is his post: 3 Takes on Investment in the United States: 3 Regarding the question savings glut versus investment scarcity, a week ago, I wrote to the Washington Post journalist, Steve Mufson, asking how long he thought that Exxon’s […]

Rice says Sadre is a chickenhawk

The LA Times carries an article on Iraq today. American officials had long credited Sadr’s truce for having helped reduce sectarian violence in Iraq since September, a period coinciding with the increased U.S. troop presence in Iraq that began in early 2007. But on Sunday, Rice jettisoned the delicacy with which senior American officials have […]

Revolution by stealth…or government by agency signing statements

Angry Bear posters and readers have commented on the striking shrinking of regulation in housing (HUD), finance (OCC, SEC) , taxes (IRS enforcement), and Safety (FDA). In conjunction are proposals to make huge vaguely defined powers available to use the military for domestic purposes that includes “other conditions” as a cause for use, and the […]

Spain’s new defense minister

(The person on the left) Spain’s new defense minister has been a hot topic in Spain for awhile. I do not pretend to know the particular issues. However, two issues emerged as central from the write up: 1. Lack of military experience. (I assume either directly or as a part of the defense ministry prior […]

Mind of the market…

Cactus’s thoughts on taxes got me to thinking about trade, and the purpose of trade. Behavioral economists tried this experiment with people in face to face trade situations. Of course it is not definitive of anything, but it does point up a huge flaw in the economics of today. …that “Economic Man” is rational, self-maximizing […]

Co-comments

People have inquired about losing track of comments from older posts on Angry Bear, or lose track of the occasional comment but want to keep track of responses. Cocomments service allows you to track comments from old posts and tell you about new responses. For some who visit multiple blogs and leave comments, you might […]