WITH the U.S. economy in the doldrums and Europe’s ongoing debt crisis continuing its downward spiral, analysts are left to wonder if China might be the savior of the global economy or, rather, whether the country is simply a multitrillion bubble about to burst. China’s great leap forwar[...]
Posts Tagged ‘Economy’
Why is a degree less valuable in Seattle then in Boston?
There is something wrong here. Seattle is #2 in terms of unemployment but #7 in terms of education ? Readmore at WSJ. [...]
Cutting Retirement Benefits on the Animal Farm
SOME ANIMALS HAVE MORE RIGHTS THAN OTHERS Here in America we hear about the sanctity of property. The right opposes inheritance taxes because it mean money gets “double taxed.” The über rich news magnate justifies the behavior of Fox and the rest of News Corp because, after all, he[...]
The Economy: China Inc. may understand POGO!
While the Republicans seem to think that the US economony is a chess piece in their politics, the world economy is the victim. In contrast. not troubled by messy concepts like Democrtacy, the Chinese see a long-term global recession as certain to happen and China Focus on domestic problems. BEIJING [...]
November 17th, 2011 - 9:38 am § in America
Monopoly Money
Clinging to a Bankrupt Monetary System By Eric Fry 11/15/11 Laguna Beach, California – “Europe is in one of its toughest — perhaps the toughest — hours since World War II,” German Chancellor, Angela Merkel declared yesterday. Who would argue with her? The Second World War crippled the Euro[...]
George Will Tries to Figure Out What Romney Says
George Will assembles these pretzels from the Moron Mormon running for the Reprican nomination in corn growing Iowa Romney in May: “I believe ethanol is an important part of our energy solution for this country.” and “ethanol is part of national security.”ethanol should “continue to [...]
November 14th, 2011 - 11:57 pm § in America, Schools & Colleges
Good News for Harvard
Harvard Raises $639M Despite Tough Economy 1 By Tara W. Merrigan and Zoe A. Y. Weinberg Despite a shaky economy, Harvard raised a record setting $639 million during the 2011 fiscal year, the third-largest amount ever accrued in the University’s history.[...]
November 13th, 2011 - 12:11 pm § in America
Berkeley Blog: Capitalism in a Social Democracy
This article about the Finish economy came to my attention after a lecture at TownHall. Jeff Sachs showed frightening data … the US has fallen to the bottom of the industrial, developed democracies in growth rates and, especially, in terms of upward mobility. Sachs’ argument comes do[...]
A 99% liberal responds to a 53% conservative
from Daily Kos Hello, I briefly visited the “We are the 53%” website, but I first saw your face on a liberal blog. Your picture is quite popular on liberal blogs. I think it’s because of the expression on your face. I don’t know if you meant to look pugnacious or if we’re just projec[...]
The Perils of Wall Street
WASHINGTON , Dec 8 (Reuters) – Jon Corzine, the former chief executive officer of MF Global, apologized to a U.S. House panel on Thursday for the collapse of the brokerage and said he was “stunned” when he first learned customer funds were missing. “I simply do not know where[...]