Matt Tabbi at Rolling Stone has a (deservedly) scathing article on the growing student loan bubble, something that Glenn Reynolds at Instapundit has been writing about for years. Tabbi takes some cheap shots at the Right, but he’s pretty scathing on Obama as well.: Obama had already set himself up as a great champion of […]
Today is the anniversary of the surrender of Japan to the United States. As it turns out, my father John Webster — as a 21-year-old US Navy radioman on Guam in August 1945 — was involved in sending the message from the US Navy to the Japanese Imperial Navy on how to reach them for […]
First, John Kirk over at TechPinions uses a great joke to explain why, in his opinion, the Surface is doomed: On a Saturday morning, three boys come down to the kitchen and sit around the breakfast table. Their mother asks the oldest boy what he’d like to eat. “I’ll have some firetruckin’ French toast,” he […]
Glenn Reynolds of Instapundit has an editorial in USA Today, talking about the barriers to making the US government work. As someone who lived in and around Washington DC for several years, his penultimate paragraph struck home: And that gets to what I think is the real problem lying behind all of this enthusiasm for […]
George Mellon over at the New York Sun writes: How does an investor react to the news that a propped-up and thus over-priced asset may lose its props? His natural urge is to sell, of course, and that urge will soon be reflected in a decline in the asset’s price. So it is with Treasury […]
When Sandra first had me listen to the DEA scam voicemail message last night, and before I went online to verify that it was in fact a scam, my immediate response was: we are not calling this person back; we will retain an attorney, who will do all the talking. The video below — taken […]
My wife was checking voicemail messages on our home phone tonight and found the following message, received on our home phone at 1431 pm MDT: Hello, this message is for Sandra Webster. This is Special Agent William Rice[?] from the US DEA office in Washington DC. Please contact me as soon as possible at […]
Mark Mills over at Real Clear Energy reports that The Oil Drum, a website devoted to the concept of ‘peak oil’ has stopped updating itself and will serve hereafter as an archive of old posts. As Mills notes: But what peaked instead was the ability to argue that the era of oil, and hydrocarbons, […]
Matthew O’Brien over at The Atlantic has a post explaining the conundrum that the Fed has created for itself with quantitative easing (QE): For the last five years, the Fed has been in the business of persuading investors that it can be irresponsible. Now, in normal times, the Fed is anything but; it’s boring. […]
No, really, he did make that argument — at least, back in 1997: Workers in those shirt and sneaker factories are, inevitably, paid very little and expected to endure terrible working conditions. I say “inevitably” because their employers are not in business for their (or their workers’) health; they pay as little as possible, and that […]
