No Picture

Gay Marriage – how did this transformation occur?

Yesterday’s defacto legalization of gay marriage by the U.S. Supreme Court  is a wonderful development. It appears certain that this non action by the court will cascade to all fifty states fairly quickly. This raises the question of why American public opinion has changed so radically in the last 15 --->> read more -->>

Inside Goldman Sachs with the Federal Reserve

The relationship between our financial services industry, our government, and us, ordinary citizens who have repeatedly suffered the consequences of the avarice and incompetence of this industry, has always been troubled. Booms, busts, crashes, bubbles, depressions, inflation. Since the beginning of the 2008 Great Recession we have hoped that the --->> read more -->>
Joe, My friend got back to me. Her contact left the Review five years ago. Sorry. Mark

No Place to Hide by Glenn Greenwald – book review

We are within days of the anniversary of the first revelations from Edward Snowden’s archive of NSA documents. The drum beat of new stories emerging from this trove continues even to this moment. So, Glenn Greenwald’s book, No Place To Hide: Edward Snowden, the NSA, and the US Surveillance State --->> read more -->>

Defending the Homeland

Recently I stopped at the US Marine Corp War Memorial in Washington DC. Walking around the base with its lengthy list of Marine engagements since 1775, now a double row on several sides, I thought, “How many of these can faithfully be considered to be in defence of the homeland? --->> read more -->>
Flash Boys cover by Michael Lewis

Flash Boys Doesn’t Ask the Important Question

The new book, Flash Boys, by Michael Lewis has reignited the discussion of how our financial markets are rigged by high frequency trading. From my 2012 note:  To turn back to HFTs, why do we need this kind of transaction? How do they contribute to economic growth? These activities are --->> read more -->>