Oil: irrational exuberance [updated 11/27/07]
[UPDATED 11/27/07: Here’s an article from the CNN/Money web site that is raising the same issue: given current supply and inventory levels, there’s not much justification for oil approaching $100/bbl.] No, I’m not talking about whether or not the Peak Oil phenomenon exists, even though the Wall Street Journal seems to have jumped on the […]
DC: the house of cards starts to crumble
I lived in Washington DC — yes, right in the District itself — for just under six years (1989-2005). To say that DC is bipolar and disfunctional doesn’t begin to capture the true weirdness of how the city runs (or fails to). This is a city with one of the highest per-student spending rates in […]
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