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

Populist rehetoric for the election campaign

Via The Dailey Beast is a link to Lehman Brother’s e-mails and documents and an unanswered question for investors and the public With the Occupy protesters resuming battle stations, and Mitt Romney in place as the presumptive Republican nominee, President Obama has begun to fashion his campaign as a crusade for the 99 percent–a fight […]

SEC Disagrees with Supreme Court’s Anti-U.S. Investor Morrison Decision

by Jeff McCord SEC Disagrees with Supreme Court’s Anti-U.S. Investor Morrison Decision and Favors Clearly Defined Private Right of Action against Foreign Wrongdoers, rather than Abolition of U.S. Investors’ Legal Rights, SEC Staff Study Asserts May 9, 2012 The U.S. Solicitor General and the US Securities and Exchange Commission recommended the Supreme Court continue to […]

How Unpatriotic Are U.S. Presidents?

by Mike Kimel In my lifetime, the following Presidents have run for re-election:  Nixon, Ford, Carter, Reagan, GHW Bush, Clinton, GW Bush, and now, Obama.  What is striking about this list is that of this crowd, only three:  Nixon, Reagan and Clinton appeared to be at all successful by the time they started running for […]

No jobs for college grads

No jobs for college grads.  A report from the Economic Policy Institute shows that recent college graduates who will be eligible to cast their first votes in a presidential election are unable to find jobs. According to the report, unemployment for young college graduates was 10.4% in 2010, and the underemployment rate was 19.8%. For young […]

Summers says taxes must increase

by Linda Beale Summers says taxes must increase  For once, I find myself agreeing with Larry Summers. At a conference in Washington sponsored by the Brookings Institute, he emphasized that tax cuts and spending cuts cannot appropriately resolve the US budgetary issues. “It is a near certainty that we are going to need a significant […]

Romney want a crackerrr???

A lost parakeet in Japan was returned safely to its owner last week after it told police its home address. Why do captive birds mimic human speech, and how do they decide what to say? They’re trying to fit in with the flock, and they’ll say whatever it takes.  —  “Why Parrots Parrot: When birds mimic […]