No Picture
Economy

The Mortgage Debacle – Redux

The current tsunami of revelations of misbehavior, if not outright criminality, by the banking industry in their pursuit of mortgages gone bad, is further evidence of how fundamentally corrupt and cynical this industry continues to be. On the front end of this global economic disaster the financial system engaged in misleading sales --->> 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 -->>
Empire

A New Thought on Terrorism

An article in today’s NYTimes about cyber crime, malware, etc. suggests to me that another line of attack may be through the Internet against our utilities, telecoms, or financial institutions. There have already been massive attacks against whole countries with successful breakdowns that lasted for hours and days. Ukraine, Lithuania, --->> read more -->>
No Picture
Politics

Mumbai, Boston and Terrorism

The arrival by small boat of the Mumbai terrorists reminds me of a persistent fear here. A small freighter or a large one loaded with containers will pull into Conley Terminal in South Boston and shortly thereafter a dirty bomb will go off. This will spread a small cloud of --->> read more -->>
Politics

Obama

I will not add to the comments that have flooded around the world last night and this morning. However this significant moment had to be greeted with more than silence.
Empire

Pondering at the Food Coop

November 1, 2008 So, here I am having coffee and my favorite lunch, a toasted bagel with peanut butter thinking about the approaching election. Finally this will conclude what has been an overly long campaign, but one with enormous pleasures. Assuming that Obama is not just a curiosity to all --->> read more -->>
Economy

Enron, Trust and Malfeasance

January 23, 2002 (revised 1/29/02) The collapse of energy giant Enron over the last six months has produced a surprising level of outrage especially for a cynic like me. As this drama continues to unfold, I have been trying to understand how Enron structured their business and made money. Until --->> read more -->>
No Picture
Politics

Whose Opinion (Advice) Is This?

Whose Opinion (Advice) Is This? The Problem At a time when we are quite aware of the need for and value of transparency in the reporting of the activities of corporations (thanks most recently to the Enron affair), we could quite usefully extend this transparency metaphor to other parts of --->> read more -->>