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The World Turned Upside Down

230 years ago Lord Cornwallis’ representatives handed his sword to the French and American commanders outside the British fortifications at Yorktown, Virginia.  It would take two more years for negotiations to result in a treaty, but with the surrender of the largest British armies in the colonies, the War of American Independence was decided on […]

Glimmer of Light in Indo-Pak Standoff

India and Pakistan are closing in on a historic trade deal – one that would open cross-border commerce and connectivity not seen since the end of British rule in 1947. As the FT reports: India and Pakistan have agreed to a target of raising bilateral trade to $6bn within three years…Mrs [Hina Rabbani] Khar [Pakistan’s […]

Is Texas America's Green Energy Model?

An article in the Washington Post draws a surprising lesson from the Solyndra scandal: Texas-style deregulation is what will turn this country green.  Stranger still, the wildly western Texas energy market is more… European than the markets in other states.  Writes Sunil Sharan of Sierra Consulting: Currently, only 15 states in the U.S., as well […]

The Vain And Empty Rituals Of Protest On The Streets

The news that 175 people were arrested over the weekend in a Chicago OWS protest started me thinking about the ritualized nature of left demonstrations.  The drums, the chants, the defiance, the arrests — and, sometimes, the glass smashing and the fire setting:  it all unfolds according to a predictable pattern that in its modern […]

Amateur Hour In Iran?

Iran’s nuclear program is struggling: First it was the Stuxnet computer virus and now it’s inadequate machinery. The Washington Post has the story: Although Iran continues to stockpile enriched uranium in defiance of U.N. resolutions, two new reports portray the country’s nuclear program as riddled with problems as scientists struggle to keep older equipment working.At […]

Law Bonanza Ending Even For Top Grads?

The outlook for young lawyers keeps getting worse.  Those six-figure starting salaries for first year associates doing glorified office work could soon be a thing of the past. From the Wall Street Journal: Law firms often treat the first two years of an attorney’s career as a sort of apprenticeship, albeit a well-paid one: the […]

Unions To Wall Street: Die Yuppie Scum, But Do My Homework First

Will Wall Street save public sector unions?  The U.S. Post Office certainly hopes so. While union representatives were standing at the front door of America’s major banks, shouting about corporate greed and holding signs and blowing horns, the National Association of Letter Carriers chiefs were slipping through the back entrance for advice on restructuring their […]

Venezuelan Brain Drain

At last, Hugo Chavez has made something grow: the number of his countrymen leaving Venezuela. From the Wall Street Journal: Waves of white-collar Venezuelans have fled the country’s high crime rates, soaring inflation and expanding statist controls, for destinations ranging from Canada to Qatar. The top U.S. destinations are Miami, a traditional shopping mecca for […]

Morning News

More evidence of the Obama’s green failures.Are the OWS protestors announcing “We Are The 99 Percent” really representing the 99 percent? Does that make these demonstrations part of a class war?Let investment in the disintegrating blue social model begin: Matthew Yglesias explains the lunacy of city-owned parking garages. “Don’t contract out management of garages to […]

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We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.