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Category Archives: Economics
Attack of the Robots!
Drew Carey’s dropping a little knowledge about robots stealing our jobs: But perhaps even more troubling: http://www.hulu.com/embed/wdIwrWS8DmSXIKVxxd6nbA
Posted in Economics, Patriotism, Politics
Tagged drew carey, jobs, labor, mexico, old glory, robot insurance, robots, waterston
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Blue Dogs building sway on the campaign trail
Tanner and “Blue Dog” Democrats — conservative fiscal hawks “choked blue” by their party’s liberal flank — are building their own political operation to propel like-minded candidates to victory this fall. They’re also quietly raising their own influence within a … Continue reading
BBC: Soros warns global boom is over
Billionaire investor George Soros has given his gloomiest assessment of the state of the US and world economies. … He warned the “financial bubble” of the last 25 years could be drawing to an end and the post World War … Continue reading
Posted in Current Events, Economics
Tagged credit crunch, economy, moral hazard, mortgage, soros
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Beginning of the End for Cuban Communism?
Something remarkable is happening in Cuba this week. Ordinary citizens are queuing outside electrical shops to buy DVD players and microwaves. They are venturing into fancy hotels and on to beaches previously reserved for western sun-seekers. Soon they will be … Continue reading
The Moral Hazard
Risk is an inherent feature of all investment. Many people thought they could make a fast buck by buying a house they couldn’t otherwise afford and either selling it in a year or two for a profit, or refinancing for … Continue reading
Posted in Current Events, Economics
Tagged credit crunch, economy, moral hazard, mortgage
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Beware the Economic Power Grab
Benjamin Franklin famously wrote “Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety”. We are all well aware of the importance of this wariness when it comes to trading our political … Continue reading
Posted in Current Events, Economics
Tagged credit crunch, economy, mortgage, paulson, treasury
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The Clean Energy Scam
From his Cessna a mile above the southern Amazon, John Carter looks down on the destruction of the world’s greatest ecological jewel. He watches men converting rain forest into cattle pastures and soybean fields with bulldozers and chains. He sees … Continue reading
Posted in Culture, Economics, Technology
Tagged agriculture, amazon, biofuel, clean energy, climate change, ethanol, global warming, oil, rainforest
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A Tale of Two Wal-Marts
I was getting ready to simply post a blurb about Wal-Mart’s ridiculous lawsuit against a former employee who suffered brain damage from being hit by a truck, but then I also came across another Wal-Mart related story which I thought … Continue reading
Posted in Current Events, Economics, Rants
Tagged Alice Walton, art, Debbie Shank, heiress, wal-mart, walmart
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John McCain Hates Bears
John McCain has been showing TV ads bemoaning relatively meager federal funds that went into studying grizzly bear populations in Montana. As someone who knows a little bit about wasting millions of dollars in a relatively short period of time, … Continue reading
Admiral William Fallon quits over Iran policy
Admiral William Fallon, Commander of US Central Command (CENTCOM), the unit of the armed forces tasked with the Middle East, East Africa and Central Asia, resigned his commission today. The Admiral cited differences with the administration over foreign policy (what? … Continue reading
