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

Crunch time ahead?

American Prospect has published an article by Robert Kuttner on parallels between 1929 and 2007. In researching the book, I devoted a lot of effort to reviewing the abuses of the 1920s, the effort in the 1930s to create a financial system that would prevent repetition of those abuses, and the steady dismantling of the […]

Money from money? Not good.

On September 28th Bill Moyers’ guest was John Bogle. You can see the interview or read the transcript from here. The setup for the interview is about private equity firms and he mentions the Sunday NY Times front page article: At Many Homes, More Profit and Less Nursing. His introduction of Mr. Bogle is: It’s […]

Doing Business, World Bank ranking

Just a little break from the usual. Did you know you can pay your taxes easier in Iraq than in the US? I stumbled across this today. It is the World Bank page on Doing Business. It ranks 178 countries on 10 topics. You can resort the order depending on 3 different settings. When you […]

Angry Bear Nominations List

National Council of Teachers of Englishgives awards for double-speak, an Orwell, just like an Oscar only better. The NCTE Public Language Award Committee is now seeking nominations for this year’s Doublespeak Award, which is given to a glaring example of deceptive language by a public spokesperson. The words must originate from an American. While I […]

Watch the media reactions

I have read that American Conservative magazine published by Pat Buchanan will release this issue Oct. 8 on General Patraeus. Whether or not it actually is published this way, this is just an alert for readers to watch what happens in the media when General Patraeus is named with no respect. Sort of a random […]

More on water resources and GATS

OMB Watch has posted a notice on something we rarely think about, and take for granted. The Raw Sewage Overflow Right-to-Know Act (H.R. 2452), introduced by Reps. Tim Bishop (D-NY) and Frank LoBiondo (R-NJ) on May 23, requires sewage treatment facilities to notify the public, public health officials and any other downstream “affected entities” when […]

Bureau of Public Debt

Bureau of Public Debt is something I missed in the news. If you would like to help reduce the national debt, make your check payable to the Bureau of the Public Debt. In the memo section, note that it’s a gift to reduce the Debt Held by the Public. Mail your check to: Attn Dept […]

Do you know what SPP is?

What is the SPP US and SPP Canada? Many agreements in one. One point of view is the notion of The Shock Doctrine. The timing of The Shock Doctrine’s release in Canada is very relevant here because it just hosted a summit with George Bush and Mexican President Calderon to meet with Prime Minister Steven […]

Update on WTO GATS, gambling, and Antigua

The Register provides an update to the tiny Antigua case. The case originated back in 2003 after the prosecution of Jay Cohen, an expatriate American who ran a sportsbook out of Antigua called the World Sports Exchange, and ended up doing time in a federal prison – in Las Vegas, of all places – for […]