Green Guru Blasts Green Prescriptions

Vinod Khosla is a renowned investor in green tech and a co-founder of Sun Microsystems, one of the most successful technology companies in the world. Yet he thinks environmentalists are “chasing the wrong answers” and calls the Prius a “greenwashing”. In an interview with the Atlantic, Khosla explains that the answer to saving the planet […]

Arab Spring Leads to Second Exodus

As a horrified world watched coverage of Christian demonstrators dying at the hands of Egyptian soldiers this week, it underlined the possibility that the Arab Spring might permanently change Egypt after all. Coptic Christians, who have lived in the Land of the Pharaohs since Biblical times, are making an Exodus in all directions. The La […]

The Cities Are Going Belly Up

We are now entering what could be an era of great municipal bankruptcies. Bloomberg reports that Pennsylvania’s capital city of Harrisburg has just filed for bankruptcy, facing a crushing debt burden and threats of a state takeover of its finances: The state capital of 49,500 faces a debt burden five times its general-fund budget because […]

A Long String of Atrocities

A few days ago I was with a group of people when the topic of the Armenian genocide came up. The immediate reason for the topic to come up was the action of several European legislatures to declare that the events of 1915 in Turkey should indeed be called a genocide (there has been a […]

EU: 16 Steps Forward, One Giant Leap Back?

Tick, tick, tick. We are down to the final 12 speakers of the final parliamentary session before the (hopefully) final and (probably second to the last) vote in the last parliament on the European Financial Stability Fund (EFSF), the €440 billion bailout fund to hold the eurozone together. The fate of the EFSF has come […]

New Front in War on Drugs?

Over the past two decades, the War on Drugs has become one of the most controversial federal programs. In its zeal to rid our country of potentially life-destroying substances, the drug war has dramatically increased our incarceration rates and contributed to the rise of powerful drug gangs, while largely failing to decrease drug abuse.Now it […]

Ukraine Looks West, Moves East

In a move widely seen as an attempt to subvert the Ukrainian opposition, former prime minister Yulia Tymoshenko was sentenced to seven years in prison for “exceeding her authority” while she was in power. From the Financial Times: In a verdict whose severity shocked thousands of her supporters protesting outside the courtroom, the judge also […]

China Intervenes to Shore Up Banks: What Next?

The global financial hurricane has hit China. Declining investor confidence in Chinese banks forced the government to buy bank stock in order to maintain stability. Rapid inflation, a growing housing bubble, and increasing integration with the global economic market mean that China can’t escape the global crisis. From the Wall Street Journal: China’s sovereign-wealth fund […]

Euro Plot Thickens

Stock markets have staged huge rallies since late last week on hopes that France and Germany were close to working out a deal that would finally put the euro crisis behind us.  But this morning European stocks are once again down as the euphoria wears off. Some of last week’s optimism was justified, since at […]

Racist Republicans Flocking to Cain

Either a lot of Democrats have been slandering millions of American voters as racist, or the Tea Party hasn’t gotten the word that Herman Cain is African American.  That is the only conclusion that can be drawn after a slew of recent polls shows that Cain is picking up the ‘teavangelical’ vote as former favorites […]

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