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Apparently Paul Krugman is taking a lot of heat for words like these on 9/11: The memory of 9/11 has been irrevocably poisoned; it has become an occasion for shame. And in its heart, the nation knows it. I’m not saying that he couldn’t have said it more eloquently, and unfortunately I don’t think that [...] From The Christian Science Monitor: In the moments before the F-16 fighter jets were summoned, the crew of Frontier Airlines Flight 623 feared that a passenger’s frequent and unusually long trips to the aircraft lavatory on Sept. 11 were a sign that a potential terrorist plot was underway. Later, when the plane had landed in [...] So, a thought I had about markets vs. managed economies: There’s a bit of an oxymoron about the idea that a “markets get it right” whereas “managed economies get it wrong”. I’ll leave out the obvious arguments like say China (enormously managed – not that I want to be like them) or the housing bubble [...] From Reuters: President Barack Obama unexpectedly asked the Environmental Protection Agency on Friday to withdraw a plan to limit smog pollution, handing a big win to business and Republicans who have argued the initiative was a job killer in uncertain times. So, basically through this move the president has shown two things: He’s as wishy-washy [...] Google news: Yahoo! news: I guess it’s all in how you spin it… The parable of the high rise: There once was a high rise. It had crappy apartments on the bottom, respectable living toward the middle, ritzy condos toward the top, and like many, a penthouse on the roof. A fire started. Some claimed it started at the bottom and some claimed it started at the top. [...] |
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