by reader Ilsm Consider GAO-100745R take on keeping 4 brigades home stationed in Germany and Italy: In the Quadrennial Defense Review released in Feb 2010, the US Army decided to reverse the drawdown of Brigade Combat Teams and retain 2 brigades to retain the current order of battle of 4 brigades home stationed in Germany […]
by Linda Bealecrossposted with Ataxingmatter Naked Capitalism’s Open Thread on Personal Stories of the Great Recession Yves Smith opened a great comment thread on naked capitalism that anyone interested in the way this Great Recession has hit people across the US (and world) should read. It was triggered by the NBER analysis that the recession […]
Dan here…Lifted with permission from an e-mail from Tim Worstall, an expert in rare earth issues and resources, in response to my sending him the NYT article suggesting China was using rare earth resources as both a trade issue (notice NYT suggestion the pass on processed product versus raw material export)) and political leverage with […]
Labor cost as a share of business output is now at a post WW – II low. and has fallen about eight percentage points since 2000. This would suggest that the weak demand for labor does not stem from high labor cost. Actually since the third quarter of 2000 while labor cost as a share […]
The panel is preceded by this video. Dr. Sanjay Gupta (Chief Medical Correspondent, CNN) leads the panel, featuring: Charles-Patrick Almazor, Director, Public Sector Partnership, Artibonite Department, Partners In Health Lance Armstrong, Founder and Chairman, LIVESTRONG Paul Farmer, Co-Founder, Partners In Health; Chair of the Department of Global Health and Social Medicine, Harvard Medical School; Chief […]
Robert Waldmann Republican candidate for Senator from Kentucky Rand Paul said“In 1923, when they destroyed the currency, they elected Hitler. “ He’s off by a decade. Hitler was elected in 1933 not 1923. This is not just a slip or a typo. The German hyper-inflation ended in 1923. At the time Hitler was in jail […]
The original schedule for this program was Riz Khan of Al Jazeera English moderating Laura Bush, Former First Lady of the United States Jack Ma, Chairman and Chief Executive Officer, Alibaba Group Shakira Mebarak, Founder, The Barefoot Foundation Rajendra Pawar, Founder and Chairman, NIIT Group but Shakira was unable to attend, and was replaced by […]
by Bruce Webb Are the Special Treasuries that make up the Social Security Trust Funds real? Absolutely, quite apart from legal and historical arguments the DI Trust Fund will be cashing in some $23 billion of them in 2010 along with taking some $9 billion [edit] in interest, their reality is affirmed every time a […]
by Linda Bealecrossposted with Ataxingmatter More on the Estate Tax Debate–Holtz-Eakin and the wealthy families fighting for no taxation on wealth transfers So far, at least four of the wealthiest few Americans have died in 2010, when there is no estate tax under the “reduce, repeal and spring back” law enacted as part of the […]
by Mike Kimel Predicting the Start and End of the Great Recession, and Trying to Sell BooksCross posted at the Presimetrics Blog. No doubt you’ve heard that the NBER put the endpoint to the last recession in June of 2009. I wonder if anyone forecasted that. Oh yeah, back in December of 2008 I said […]