The middle class is poorer today than it was in 1989 … The fundamentals of the economy are, well, okay. It's been slow and steady, but the recovery has chugged along enough to get us back to something close to normal. The economy has surpassed its pre-crisis peak, unemployment is at a six-year low, and stocks have more than tripled from their 2009 low. It's not the best of times, but...Read More
Wall Street Pays Its Workers to Suffer … Why do people on Wall Street get paid so much? It could be because Wall Streeters have generally high skills. Finance people tend to be good at using computers and working with numbers, but also at networking and forming business relationships. But a new study shows that there really is something special about Wall Street — when a worker moves f...Read More
David Cameron: he said everything we might have hoped for … Uncharacteristically, I'm almost lost for words – or at least for critical words. David Cameron said pretty much everything I wanted him to say in his belter of a conference speech. He chose to identify his overall theme as a "Britain people can be proud to call home". What this amounted to in effect was a pictur...Read More
It's Normal for Regulators to Get Captured … I'm in Chicago this week, preparing to give a seminar on covering the policy process at the Institute for Politics. So I don't have much time to write about the secret Fed tapes that were released by "This American Life" last week. But I do want to make one point: This is not surprising. It's normal. – BloombergDomi...Read More
David Cameron: he said everything we might have hoped for … Uncharacteristically, I'm almost lost for words – or at least for critical words. David Cameron said pretty much everything I wanted him to say in his belter of a conference speech. He chose to identify his overall theme as a "Britain people can be proud to call home". What this amounted to in effect was a pictur...Read More
It's Normal for Regulators to Get Captured … I'm in Chicago this week, preparing to give a seminar on covering the policy process at the Institute for Politics. So I don't have much time to write about the secret Fed tapes that were released by "This American Life" last week. But I do want to make one point: This is not surprising. It's normal. – BloombergDomi...Read More
Mass default looms as world sinks beneath a sea of debt … As if the fast degenerating geo-political situation isn't bad enough, here's another lorry load of concerns to add to the pile. The UK and US economies may be on the mend at last, but that's not the pattern elsewhere. On a global level, growth is being steadily drowned under a rising tide of debt, threatening renewed finan...Read More
Why Beijing Is Buying [Gold] … If China were to convert a relatively modest part of its $4 trillion foreign exchange reserves into gold, the country's currency could take on unexpected strength in today's international financial system. It would be a gamble, of course, for China to use part of its reserves to buy enough gold bullion to displace the United States from its position as...Read More
Mass default looms as world sinks beneath a sea of debt … As if the fast degenerating geo-political situation isn't bad enough, here's another lorry load of concerns to add to the pile. The UK and US economies may be on the mend at last, but that's not the pattern elsewhere. On a global level, growth is being steadily drowned under a rising tide of debt, threatening renewed finan...Read More
Why Beijing Is Buying [Gold] … If China were to convert a relatively modest part of its $4 trillion foreign exchange reserves into gold, the country's currency could take on unexpected strength in today's international financial system. It would be a gamble, of course, for China to use part of its reserves to buy enough gold bullion to displace the United States from its position as...Read More
Best of GaryAllan: https://goo.gl/ZXEDr1Subscribe here: https://goo.gl/FzMD86#GaryAllan #TheOne #Vevo #Country #OfficialMusicVideoMusic video by Gary Allan performing The One. (C) 2001 MCA Nashville, a Division of UMG Recordings, Inc.Read More
More and more, it seems, people are waking up to the importance of graphite.Some of this simply reflects its increased demand as a raw material in the manufacture of brake pads, aerospace components and many other products. But graphite is also attracting attention for its increased use in new high-tech applications, according to Mike Kachanovsky, a freelance writer and analyst of junior mining an...Read More
Best of GaryAllan: https://goo.gl/ZXEDr1Subscribe here: https://goo.gl/FzMD86#GaryAllan #TheOne #Vevo #Country #OfficialMusicVideoMusic video by Gary Allan performing The One. (C) 2001 MCA Nashville, a Division of UMG Recordings, Inc.Read More
Best of GaryAllan: https://goo.gl/ZXEDr1Subscribe here: https://goo.gl/FzMD86#GaryAllan #TheOne #Vevo #Country #OfficialMusicVideoMusic video by Gary Allan performing The One. (C) 2001 MCA Nashville, a Division of UMG Recordings, Inc.Read More
What did Plato believe about the soul? What are the three "horses" within our soul, and how do they influence our actions? In this video, the Rev. Dr. Jayme Mathias, pastor of Holy Family Catholic Church in Austin, Texas, explores Plato's philosophy of the soul and its faculties!Read More
How Eric Holder Failed the Economy … Attorney General Eric Holder, who plans to step down after more than five years in office, has efforts and achievements to be proud of, no doubt, but will probably be remembered above all for something he didn't do: prosecute top executives for their role in the 2008 financial crisis. – Bloomberg editorialDominant Social Theme: One of the hallma...Read More
Marijuana industry makes political donations … The entrepreneurs of the young U.S. marijuana industry are taking another step into the mainstream, becoming political donors who use some of their profits to support cannabis-friendly candidates and ballot questions that could bring legal pot to more states. The political activity includes swanky fundraisers at Four Seasons hotels and art aucti...Read More
How Eric Holder Failed the Economy … Attorney General Eric Holder, who plans to step down after more than five years in office, has efforts and achievements to be proud of, no doubt, but will probably be remembered above all for something he didn't do: prosecute top executives for their role in the 2008 financial crisis. – Bloomberg editorialDominant Social Theme: One of the hallma...Read More
Marijuana industry makes political donations … The entrepreneurs of the young U.S. marijuana industry are taking another step into the mainstream, becoming political donors who use some of their profits to support cannabis-friendly candidates and ballot questions that could bring legal pot to more states. The political activity includes swanky fundraisers at Four Seasons hotels and art aucti...Read More