Of course neither Obama nor the Congress nor the news media think of this past weekend's launch of hostilities with Libya in these terms. But it's what's happening. Three weeks ago we were being told by Obama, the Democrats, the Republicans, and lord knows Fox News, that the "U.S. is broke". We "must cut spending … Continue reading U.S. Is Not Broke: Obama Launches Jobs at Libyans
Some information is starting to develop about the economic impacts of the events in Japan. A week ago, just after the triple disasters of earthquake, tsunami, and nuclear plant partial meltdown, it was much too difficult to foresee the probable impacts of the crisis. Now it's starting to show and the news is not encouraging … Continue reading Possible Economic Effects of Japanese Disasters
The disaster at the Japanese Fukashima nuclear reactor has, not surprisingly, re-opened debates about nuclear energy, it's safety, and energy policy in general. I'm not going to go into the whole debate or the merits of nuclear energy vs. coal-powered vs. solar, etc. here now. But what I do want to do is to talk … Continue reading Beyond Regulation: Thorium As Safe Nuclear Power?
Well, OK, this isn't on par with a Japanese earthquake, Libyan oil interruptions, or higher oil prices, but it's important to some folks. ABC News Radio tells us: With NFL owners and players in a standoff, the CEO of one of the nation's largest chicken farms warns that a long-lasting football lockout would be bad … Continue reading More Food Price Increases? NFL Lockout and Chicken Wings
The U.K. Guardian brings us the telecommunication news yesterday of a new cell phone overlord in the U.S.: In what would be one of the biggest deals since the financial crisis broke, the US telecoms giant AT&T has agreed to buy T-Mobile USA from Deutsche Telekom for $39bn (£24bn), creating the biggest mobile operator in … Continue reading AT&T and T-Mobile: New Boss, Same As Old Boss