empire

Remarks on President Obama’s Speech on Accepting The Nobel Peace Prize in Oslo 12/10/2009

President Obama’s speech on accepting the Nobel Peace Prize on December 10, 2009 has generally been reviewed in the US with much glow about its rhetorical heights and appreciation of its depth of thought. I did not watch Obama give this speech. Instead, I turned to the text which I --->> read more -->>
Manias,Panics,and Crashes by Kindleberger
books

Book Review: Manias, Panics, and Crashes: a history of financial crises by Kindleberger

Manias, Panics, and Crashes: a history of financial crises, fourth edition by Charles P. Kindleberger (New York: Wiley 6th edition 2011) A recent Wall St Journal article described this book as a “must read” classic for anyone involved in financial markets. I have been involved directly in financial markets in two --->> read more -->>
Secret Sentry by Mathew Aid
books

Yottabytes and the National Security State

The current New York Review of Books has an article by James Bamford, “Who’s in Big Brother’s Database” that reviews the new book by Mathew M. Aid, The Secret Sentry: The Untold History of the National Security Agency . I have gotten in line at my local library to read --->> read more -->>
empire

Whither the American Empire?

Americans do not like to use the word “empire” in reference to the country’s role in the world. Our Presidents uniformly role out rhetoric that sounds just like Obama’s. Here is a paragraph from his Inaugural speech: And so, to all the other peoples and governments who are watching today, --->> read more -->>
free-market ideology

Just Another Cost of Doing Business? – Pfizer’s $2.3 billion penalty and fine

Is $2.3 billion really a lot of money? The Obama administration is touting the action taken this week against Pfizer for illegal promotion of several of its drugs. The $2.3 billion sounds like a lot of money to me, and I suspect most people. Is it really a lot of --->> read more -->>
No Picture
healthcare

More Blather about Healthcare from “Experts”

Acknowledge the basic facts about how the healthcare system is working today. Yesterday in a radio interview, “How to conquer health care challenges”, with Professor Glenn Melnick  from the Rand Corporation and USC, we were again offered up “expert” opinion that does not even acknowledge the basic facts about how the healthcare --->> read more -->>