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

In Defense of Sarah Palin

by cactus In Defense of Sarah Palin I don’t know what Sara Palin’s plans are, nor do I know precisely why she resigned. If I had to guess, there’s a scandal waiting to erupt. Perhaps not – she isn’t leaving her job for several more weeks, and if a scandal is about to erupt, she […]

Goldman Sach’s doubles bonuses?

rdan After looking at Spencer’s charts on job loss for the month, and the decrease in hours worked in a week I felt bad. However,the WSJ announces that: Business is back on Wall Street. If the good times continue to roll, lofty pay packages may be set for a comeback as well. Based on analysts’ […]

Joe Biden? The Map Office is Calling!

by Bruce Webb The blogosphere is alive with news that Joe implicitly green-lighted an Israeli attack on Iran. Well I had my say here and there. I just want to share a map from Cordesman and Toukan’s Study on a Possible Israeli Strike on Iran’s Nuclear Development Facilities in part because it tells its own […]

Industrial production, real imports , real retail trade & inventories

By Spencer, Every month the various economic indicators are released and various people comment on them– usually in isolation. So I thought it would be informative to look at some of the key releases since the December, 2007 peak together. As the chart shows, industrial production and real imports have fallen much more than real […]

Just Because You’re Paranoid Doesn’t Mean Law Enforcement Isn’t Out to Help You

From the coolest possibly-corporate-espionage story of the week: If only the FBI were to tackle cases of national security and loss of life with the same speed and precision as they confront presumed high-frequency program trading industrial espionage cases… especially those that allegedly involve Goldman Sachs. The original is from Reuters.

Embassy building is big bucks in ME

rdan Pentagon’s list shows 865 military bases worldwide, plus bases in Iraq and Afghanistan. There is current funding to build a giant fortress in Islamabad, Pakistan on the order of the ’embassy’ in Iraq to the tune of 785 million USD (corrected number..rdan) (cost overuns excluded but guanteed so perhaps about 1 billion USD). The […]

An imaginary conversation with my family doctor

by reader Denis(lots of links) Me: $1.2 million is the average income for top 1 percentile households (2006 figure). You must have made at least a couple of million last year, right? I mean you are a doctor – and you are with Columbia Presbyterian hospital. Doctor Levine: “[Laughs].” Me: You mean that the 15% […]

Fox Noise on Canadian private insurance boom

By: Divorced one like Bush This is a heads up. Fox news has a report out that there is a rise in private insurance activity in Canada. The article suggests that it is because of all the wait time that people are tired of do to a shortage of doctors and possibly the low fees. […]