News Analysis
Going My Way?

It might be a small change, but it affects a lot of people. Almost ten years after the Vatican issued a directive to make an English language missal which was more in tune with the original Latin, some Catholics are “distraught” about the change and refusing to “learn the damn prayers.” The Washington Post has […]

Occupy First Class

In this brave new day of equality and populist global resurgence, it’s interesting to hear that the forces of privilege are still holding onto a few redoubts.  One of them seems to be in the front of the airplane.The NYT has a story about the quantum leaps first class service on international airlines has taken […]

Grasshoppers in Winter: Quitting Time Postponed For Spendthrift Boomers

An article at CNN Money spotlights an important and trend: older Americans are increasingly choosing to work longer and delay retirement until they have accumulated greater savings: A quarter of middle-class Americans are now so pessimistic about their savings that they are planning to delay retirement until they are at least 80 years old — […]

Brown Still Wants Magic Unicorn Train

It costs more than he predicted and it will do less good, but Governor Jerry Brown doesn’t care.  California will build a high speed rail line or bust.Bust of course is more likely; California is a dysfunctional state whose grim long term prospects continue to deteriorate.  It cannot now pay for its pensions, its prisons, […]

The Forgotten Look of Prosperity

The New York Times editorial page is doing its level best to kill any chance of American recovery and prosperity by crusading against anything anywhere that might help our energy woes, but sometimes its news pages inadvertently remind us that prosperity and energy development are closely connected.This story on the “woes” of the midwestern oil […]

Guns Better Investment Than Gold?

At least someone is making money in these difficult times.  Arms dealers in Lebanon’s Bekaa Valley are making out like, well, bandits as unrest in Syria sends black market gun prices through the roof says this story in Lebanon’s Daily Star.  Rocket grenade launchers appear to be the hottest investment grade item, with prices more […]

China Open to Canadian Oil

This is what bad energy policy looks like: as the US dithers over Canadian tar sands oil, China is ready to buy.  Access to reliable oil from a friendly neighboring country like Canada is one of America’s greatest geopolitical blessings.  Throwing this away would be the height of folly; those seem to be heights we […]

French Hawkishness In The Middle East

George W. Bush allegedly once pointed out that there is no word for ‘entrepreneur’ in French; there is, however, a word for hawk.  It is faucon, and there seem to be plenty of them in Paris these days.In the midst of the greatest European crisis since the 1940s, and at a time when France stands […]

Chinese Solar Industry Goes Belly Up

One of the big arguments proponents of the ‘green jobs’ scam often bring out is that the argument that China, thanks to its support of green tech companies, will own the future while the United States is left behind.Think again.  According to a report on Bloomberg, the Chinese solar power industry is on the ropes; […]

Next Up in Europe: Bank Runs?

So far, the European meltdown has been a relatively orderly affair.  Other than the occasional outbreak of (mostly) mild riots and the odd strike, Europe’s economies have imploded and its governments fallen in a stately and decorous decline.  Prices on financial markets have jumped around, output is down — sharply in some countries — and […]

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