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Monthly Archives: August 2013
Syria Classified Cable
“Starting this fire will be like a spark in a large store of gunpowder, with unclear and unspecified outcomes and consequences,” Khamenei told Iranian Cabinet members this week. “The U.S. threats and possible intervention in Syria is a disaster for … Continue reading
Good News at last?
Perhaps – the 2Q 2013 US growth estimate was revised sharply upwards today, to an annual rate of 2.5%. That would be welcome, and wonderful, if real and sustainable. Can it be? Again, only perhaps. The biggest factor responsible for … Continue reading
Posted in Uncategorized
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And we are headed where?
The last few weeks, the bond market has been in a tizzy, as rates on the 10-year US Treasury bond jumped from 1.5% to nearly 3% in a matter of months. Of course this was because the US economy was … Continue reading
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What to do in Syria?
Fred R. asks what we should do in Syria. A very good question, now that there are new reports of major chemical weapons use by Assad. It was easier to answer this question a year ago. We should have done … Continue reading
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Deaths in Egypt
I have seen reports in recent days of the death of democracy in Egypt (when was it ever alive — perhaps just barely?) I have seen reports that the Arab Spring is “over,” “dead” or “being reversed.” All of these … Continue reading
Lethargy? Endless Lethargy?
I am at the annual meeting of the American Sociology Association in New York City. Sociologists have been on a downhill slope ever since the Reagan administration undertook a covert war on social scientists. As experts on social problems — … Continue reading
Posted in The Global Economy, U.S. Politics
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Welcome to 1984 (30 years late, but we’re there now…)
A lone gunman, after long on-line exchanges with a radical Imam, becomes convinced that the US military has become the main enemy of Islam, enters a military base and, shouting “Allah Akbar” (God is Great) shoots everyone in sight, killing 13 … Continue reading
Posted in The Global Economy, U.S. Politics
Tagged big brother, economic crisis, surveillance, terrorism
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