political potpourri

Why Monopolies and Near Monopolies Are Bad News

There are some rather heated arguments by Economists about the desirability of monopolies – and even more so on how quickly economic systems adjust to either defeat or mitigate the deletorious effects of monopolies. I would argue that monoplies are a)rarely good especially over long periods of time and b)the pace of globalization and change […]

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How do you Rebuke and Reprimand a President ?

This is a relevant question given the following books that bear witness and testament to the incompetence and deliberate deceit of President George W. Bush. Can the US risk another MidEast, I-am the-Commander-in-Chief fiasco ? Can the country withstand 8 more months of dismantling hard-earned constitutional and practical political controls on power? Can the US

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The Toronto GlobeandMail: Harboring Attack Dogs?

The Toronto Globe and Mail prides itself as “Canada National Newspaper” and as one editor told me “a forum and forge for new ideas and viewpoints”. So it is with some surprise that Wednesday June 11th 2008 edition of the GlobeandMail had an article in the Report on Business by columnist Neil Reynolds that looked

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Eliot Spitzer V: Five Ramifications

From the Eliot Spitzer case there are five other major ramifications: 1)The NYTimes certainly cannot be accused of treating Democrats with kid gloves. 2)The vice-presidential choices of the two presidential contenders will be watched with much greater interest. 3)The US is certainly not European in its sexual morality. 4)The news media are certainly moving along

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Greedy Guts Itself: The Fallout Update

Greedy Guts Itself has had widespread consequences – collateral damage that was  either not anticipated or, more likely, simply ignored by the round-up of Usual Suspects like an Anthony Mozilo, the Quants and every Big US Bank and its CEO that has foreign Sovereign Funds as new large shareholders. This section will track the spread

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Billary or Obama

The Democrats have a tough choice coming up beyond Super Tuesday. Will it be Billary or Obama? Now I have deliberately taken this inflammatory designation of Hillary’s campaign for reasons discussed immediately below. But first some full disclosure. Hillary Clinton and Barack Obama are huge steps ahead of whatever comes out of the Republican Primary

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