In this week’s edition of Coffee and Markets, featuring The New Ledger’s Francis Cianfrocca, we’re talking about the challenges facing Wall Street, a new survey of consumer sentiment, and Paul Krugman’s call for World War III to rescue us from
The 65th anniversary of the surrender of Japan (following what was for US forces a three year and eight month ordeal of savage fighting across the Pacific starting at Pearl Harbor and finally culminating in the incineration of two of
Speeches by prominent conservatives invariably include the assertion that they stand “for a strong national defense.” Unfortunately, for most conservatives today, “strong national defense” is merely a euphemism for three dubious measures: 1) Generously funding every item the Pentagon has
Is the Chinese military threatening the strategic posture of the U.S. and its allies in East Asia? Former CIA Director James Woolsey thinks so. He had the following to say on today’s broadcast of Secure Freedom Radio: Well, the Chinese
The news about China overtaking Japan as the world’s second-largest economy is actually quite relevant to the US climate and energy policy debate, which promises to continue despite the scientific scandal and evaporation of political will to associate with a
The Empire of Japan surrendered on Aug. 14-15, 1945, ending World War II. The formal ceremony took place aboard the battleship Missouri on Sept. 2. That was then: And this is now: Makes you proud to be a post-American, doesn’t
The future availability of our US crude oil supply is part of the current unrecognized international economic war. The objective of this conflict is control of natural resources, especially crude oil and natural gas, technology, shipping lanes, markets, job creating
August 6th marked the 65th anniversary of the dropping of the first atomic bomb on the city of Hiroshima, Japan in which anywhere from 75,000 to 100,000 plus were killed either from the blast itself or the radiation in its
Today is the 65th anniversary of the atomic bombing of Hiroshima in 1945. That bomb, and a second dropped on Nagasaki three days later, ended World War II. Inevitably, liberals will use the occasion to reflect on how cruel, unjust
There was a lot of cool news out of Comic Con last week. The “Avengers” has a great cast, with the addition of Mark Ruffalo as Bruce Banner, and a great director in Joss Whedon. The images from Zack Snyder’s
The North Koreans are threatening a ‘sacred war’ and ‘physical response’ to the joint U.S.-South Korean naval exercises taking place in the Sea of Japan between Japan and Korea, and soon in the Yellow Sea between China and Korea. The
So tonight, I had left Scout back at basecamp. In Iraq the Marines use German Shepherds and Dobermans. In this arena, Scout has an advantage over them. When you come across refugees in need of food, water or first aid,
Consider this dispatch from a slightly alternate universe: Honolulu, Dec. 7, 1951: 10 years after Imperial Japan’s attack on Pearl Harbor, 9 years after the dark days of World War II when President Roosevelt decided on a policy of engagement,
This whole debate about government stimulus versus austerity, and the impact of these policies on economic growth, misses a key point: It is business, not government, that creates jobs. The economic power of business is the missing link in the
My little series of articles on Marlon’s Mao posed the possibility that if Marlon Brando had lived longer he would have inevitably been cast as Mao Zedong. The crème de la crème of the Hollywood Left would have unquestionably flocked
Smart Moms raise smart kids: Brunei, Afghanistan, Nepal, Cambodia, Laos, Vietnam Published: 08 June 2010 A Gurkha Idea Among the more interesting coalition forces fighting in Afghanistan are the legendary Nepalese Gurkhas. Trained and fielded by the British, as they
When times get tough, the unsettled among us turn to fictionalized superheroes to vicariously battle the world’s uncertainties. They can even provide an example for turning the lemons in our personal lives into lemonade just as Bruce Wayne (Batman) and
One day Team Obama announces a plan for enhanced rescission authority to impound wasteful spending, and the next day the House surfaces a plan for $200 billion in “stimulus” spending on transfer payments for welfare, even more unemployment compensation, still
The Democrats are trying to cram through another special-interest piece of legislation, which they are calling (depending on the audience) either a tax-extenders bill or a stimulus bill. But they’ve been having trouble getting enough votes for this motley collection
Today the leading Austrian economic think tank, the Ludwig von Mises Institute held a conference at the University Club in Manhattan in which Marc Faber, famed contrarian investor and publisher of the “Gloom, Boom and Doom Report” gave his perspective
Visit msnbc.com for breaking news, world news, and news about the economy The Hill: The IMF predicts that the U.S. would need to reduce its structural deficit by the equivalent of 12% of GDP, a much larger portion than any
Okay, in a fit of journo-masochism, I have been monitoring Keith Olbermann’s tweets, commentaries and Countdown over the past 24 hours for his vitriolic reaction to the New York Times report that President Obama has authorized the CIA to target
Panic has gripped stock markets worldwide over the Greek debt crisis and the threat of a debt-deflation contagion through banks in Europe (primarily) and the U.S. that own the bonds of Greece, Portugal, Spain, and so forth. If these bond
California is broke. Its nearly bankrupt status leaves residents with few financial resources to deal with imaginary threats to health and safety. Yet in the face of an economic meltdown, the state still allows special interests to dictate high cost
Short answer: no… but then again, we seriously doubt that we’re in any greater danger either. The new policy is both revocable and subject to review and modification if circumstances so warrant. The questions we want to explore are the
