March 2010
10 posts
Remember JFK's B&W pictures at the White House?...
The White House communication machine is working full steam to rally support on Health Care. It is offering this unusual picture on the Flickr stream: The legend says: “A speech on health care in the Oval Office, Sept. 9, 2009, in preparation for the president’s address to a joint session of Congress.” The large scale intrusion of photographs in the inner sanctum to spin a...
Punks and Plutocrats →
The Australian Commonwealth Conundrum on 1 page:...
Download now or preview on posterous The Commonwealth Conundrum.pdf (193 KB) The Australian Commonwealth economic conundrum is the result of significant regional imbalances between states. Read more comments & analysis on theotherschoolofeconomics.org ( click click —> http://www.theotherschoolofeconomics.org/?p=888 ) In short, we see that: ...
Going to Extreme →
Will the Empire Ever Strike Back?
US Bonds Now Value Less Than Private Ones
In a major step towards the end of an Era, more and more analysts now consider safer to buy sound private bonds than US treasury ones. This is just the price the US must pay for their rocketing debt which increased by $2.59 trillion (2 590 000 000 000 000 000…) since the start of 2009. The special role of US dollar and its never...
An OCDE Study tells us that Australia & Canada...
Some interesting insights from a recent OECD study on Intergenerational Social Mobility. i.e. how much the social conditions of our parents affect ours… spot the phrase and concept “Intergenerational earnings elasticity”. - Intergenerational earning, wage and educational mobility vary widely across OECD countries. - Mobility in earnings, wages and education across...
Dunno what to eat for dinner? Cook some 'Crepes'
La good gastronomy is not over… Walked past une creperie bretonne in Sydney, Bondi Junction this morning: Creperie Lulu The owner is a typical brittany guy: rough and tough on the ouside, nice guy once you engage the conversation. Little anecdote: he follows the brittany tradition and cooks with rye flower to make those distinctly brown savoury crepes. See and download the full gallery on...
When Laissez Faire is not Enough: The Hondurian...
This post is really a modern day version of Tintin in Latin America (L’Oreille cassée - The Broken Ear). A mish-mash-maximus of all possible twists and turns that typify the type of pressures this continent has been enduring for decades. Also a good case re-emphasising why journalists need to keep reporting those stories: it is the only way to not let go… Sad news from Honduras...
East-West 101: unequivocal picture after crunching...
The picture given by a quick consolidation of: - the National Current Accounts, - GDP forecast, and - Sovereign Wealth Funds … is pretty clear and confirms what we knew already: Economic and Industrial Growth will come from the East. It is just interesting to see how the pattern comes up so clearly on the map. East West 101 Posted via email from le Laissez-Faire { is Over...
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US War Borrowing: A Classical Imperial Over-reach
Columnists Eric Margolis from the Toronto Sun makes interesting points about the US military spending and its adverse impact on the Empire. Contrary to the conservative orthodoxy that supporting the armament lobby is good for the country. The Pentagon now accounts for half of the total world military spending The U.S. has clearly reached the point of imperial over-reach. Military...
