by Divorced one like Bush Anyone else see this report? The report by Masters Capital Management said investors poured $60 billion into oil futures markets during the first five months of the year as oil prices soared from $95 a barrel in January to $145 a barrel by July. Since then, these investors have withdrawn […]
by Divorced one like Bush From comments in Cactus’ post: “Now in the last couple of years we have seen unprecedented oil prices that have sapped our economy’s strength.” Yes, we have. Others have presented this argument. However,there was plenty of information in existence long before the “last couple of years” regarding the issue of […]
On vacation, and I miss all the good stuff. Well, here’s some funnies for the AB.
by: Divorced one like Bushat the beach on vacation Ha! Gee the economics profession is ignoring labor. I wonder why. Could it be who we follow? It’s not like we don’t quote old Adam often. Free market and ghost hand ideas are mentioned all the time as we follow Milton: According to The Economist, Friedman […]
By: Divorced one like Bush Being that there is a lot of “authoritative” talking going on about the cause of the up’s and down’s of oil and one cause being suggested is the anticipation of storms, I thought looking at the history of storms and oil price would help toward answering the hypothesis of oil […]
By: Divorced one like Bush Yes, you read that correctly. The right is reporting there is money to be found in wind. Sacrilege in their church of oil. In an article, May 17, 2008 we learn about a Bush administration report on wind. A little back ground first: With major government investments in wind in […]
By: Divorced one like Bush I am responding to a post put up at Crooks and Liars: The McCain campaign small business myth. It presents that the myth is found in the number of small businesses in existance and what percentage of them earns $250,000 or more. I love C and L, but this is […]
By: Divorced one like BushNo body knows, how dry I am. I went home, I rang the bell, my wife came out and gave me hell. Juan posted a link to this paper: OPEC Pricing Power, The Need for a New Perspective Besides the issue of how oil is priced, and the relationship of the […]
By: Divorced one like Bush From this story at Common Dreams comes the news that Senator Obama has chosen Jason Furman as an economic advisor. The story notes Mr. Furman’s fame for his defending of the Walmart model. The one that states Walmart is helping the less fortunate. I don’t buy it in the big […]
By: Divorced one like BushUpdate: Link for Import Certificates fixed Via Howard Richman’s blog comes this by idea by Buffet: Import Certificates. You have to read down a ways before he gets to the idea. “We would achieve this balance by issuing what I will call Import Certificates (ICs) to all U.S. exporters in an […]