The Upside to Global Warming?

The FT is reporting on a new study that casts doubt on some of the core assumptions of the green movement: that we currently live in the best of all possible climates, and that any departure from that ideal state due to global warming is necessarily a bad thing: But it also forecasts several benefits of global warming, […]

Cameron Snubs Hollande

The UK and Germany are divided on many things, but on one they are agreed: both Chancellor Merkel and Prime Minister Cameron are hoping that French President Nicolas Sarkozy defeats his socialist rival Francois Hollande in the upcoming French presidential election.Merkel has offered to make campaign appearances for her EU partner; now comes word that […]

My Impressions of Judge Garzón

Two weeks after the ruling of the Spanish Supreme Court that convicted Baltasar Garzón and led to his disbarment as a magistrate, the media is close to unanimous in portraying the case as a Francoist assault on the democratic institutions in Spain and the revenge of malicious peers, envious of Garzón’s international standing.   In […]

Iran’s Nuclear Foibles Continue

More trouble is brewing around Tehran’s nuclear initiative. Reuters reports: Iran is still relying on old technology to expand its nuclear program, in what may be a sign it is having difficulties developing modern machines that could speed up production of potential bomb material. . . .“It appears that they are still struggling with the […]

Foolish Subsidies Derail Argentine Transit

A fatal train crash near Buenos Aires has killed 50 people and injured more than 700, drawing attention to the disastrous conditions of some of Argentina’s train lines, which benefit from generous concessions from the government.Public largesse, which amounts to some 4 percent of GDP in subsidies to Argentine services, transport and utility companies, has produced […]

Slowdown Ahead for Chinese Giant

The Peterson Institute for International Economics has just released a report that many Americans (and doubtless many Chinese as well) will find shocking: Estimates of Chinese GDP by Purchasing Power Parity (PPP) have been revised upward, and China may have already surpassed the United States.While this is news, it may not be particularly meaningful from […]

Share of Government Aid in Personal Income Doubles

Huey Long once said to a crowd of Louisianans, so the story goes, “If you aren’t getting something for nothing, you aren’t getting your fair share.”More and more Americans seem to be buying into that logic. According to this piece in the New York Times (with accompanying interactive map), the share of government benefits in personal […]

Something Funny’s Going On

A quick survey of some recent stories reveals a perplexing pattern: Israel signs $1.6 b arms deal with Turkish ally Azerbaijan Turks and Azeris rally against Armenian massacre of Azeris Turkey restricts use of its air space by Israeli cargo flights Turks thank Israelis for relief flights after earthquake Iran accuses Azerbaijan of cooperating with […]

Afghanistan, Jerusalem, Tehran: White House Entangled As Policies Falter

This week’s horrible news out of Afghanistan—NATO personnel shot inside the Interior Ministry, bombs going off and riots all over the country following reports of Korans being burned by US soldiers—brings doubts about President Obama’s carefully chosen Afghan strategy to a head. The murders in the Interior Ministry were a shocking display of incapacity and […]

White House Subsidizes NYPD Spy Campaign Targeting Muslims

Thank goodness those evil Republicans were defeated in 2008; otherwise White House funded snoops would be keeping innocent Muslims under surveillance.Oh wait — what’s this?  “White House Helps Pay For NYPD Muslim Surveillance:” It turns out the Obama administration has been forking over chunks of money to the NYPD that did exactly that — almost […]

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