Our Present Crisis: Recession, Depression, Or Something More Fundamental?
The world is likely to get worse before it gets better.
OTB Caption Contest Winners
The Do You Have Any Grey Poupon? Edition OTB Caption ContestTM is now over.
US Competitive Balance
Not only is the US outspending all our allies and competitors combined in real dollars on defense, we’re doing so in terms of GDP as well.
US Bond Prices Soar: No, It’s Not Good News
The 30-year bond has actually gained more than a point in early trading after the S&P downgrade!
Italy Raids S&P, Moody
Lost in the hubbub of S&P downgrading the US bond rating is news that the Italian government has the ratings agencies under criminal investigation.
Manufacturing Slows In July, Stoking Slowdown Fears
Another round of economic statistics raises questions about the health of the economy.
With Economic News Like This, Why Would Anyone Risk Crashing The Economy?
Economic figures released today demonstrate clearly why the irresponsible talk surrounding the debt ceiling must end.
Blaming Extreme Rhetoric for Extreme Acts
News that Norwegian terrorist Anders Behring Breivik was a fan of anti-Islamist sites, including Robert Spencer’s Jihad Watch and Pamela Geller’s Atlas Shrugs has opened a big can of schadenfreude.
General John Shalikashvili Dead at 75
A legendary American soldier, General John Shalikashvili, has died.
Oslo Shooter Anti-Muslim Christian Extremist
The death toll in Norway’s deadliest day of terrorism is up to 91. The man behind it, 32-year-old Anders Behring Breivik, is a frequent poster of anti-Muslim screeds on Christian fundamentalist websites.
Oslo Bomb Blast and Shooting Spree: Al Qaeda Suspected (Updated)
A bomb blast in Oslo’s government center has killed at least two people and a presumably related shooting spree at a nearby children’s camp are being investigated as terrorist related.
White House Rejects “14th Amendment Option” On Debt Ceiling
The White House has apparently rejected using a tortured interpretation of the 14th Amendment to deal with the debt ceiling debate.
America Carrying Load in Libya While Pretending Otherwise
The US handing Libya over to NATO is “like Beyonce saying she’s ceding control to Sasha Fierce!” – Jon Stewart
The Beginning Of The End Of America’s Longest War
Last night, the President basically announced that America’s longest war had entered it’s end game.
Hillary Clinton World Bank President?
Hillary Clinton is actively lobbying to be the next president of the World Bank, Reuters reports.
Gary Johnson Excluded From June 13th New Hampshire Debate
Is it appropriate for news organizations to decide that the people don’t need to hear from certain political candidates?
Job Growth Weakens, Unemployment Rate Jumps To 9.1%
After several months where it seemed like things were turning around, the May jobs report was depressingly bad.
The Eurozone Crisis Won’t Just Go Away
Despite what appear to be the fond hope of European central bankers that it will just all go away, something needs to be done. But what?
