Fractals of Change: October 2011

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9 posts from October 2011

October 30, 2011

Preparing for the Next Banking Crisis

Since we bailed out the investment banks, we've done almost everything possible to assure that we have another banking crisis and another bailout opportunity.

  1. The banks that were too big to fail before have gotten even bigger as weak banks were merged into their less weak brethren. More...

October 25, 2011

Green Mountain Power Sets Good Precedent on “Bad” Project

Green Mountain Power says that it will try to collect damages from those who obstruct its already-permitted and approved Lowell Mountain wind project. It would be a wonderful precedent for Vermont if the cost of post-permitting delays were born by those who cause the delays. There's no good r More...

October 22, 2011

Thanks to The Young Man from Misurata

You are a young man from Misurata. Standing in front of you is the man who ordered the relentless shelling that destroyed your hometown and killed your family and friends. "You're sinning," he says.

You are a young man from Misurata. Everything you know about soldiering you More...

October 19, 2011

Open Negotiation is an Oxymoron

"…greater openness by the panel, officially known as the Joint Select Committee on Deficit Reduction, would actually be harmful to the public interest. Private meetings are essential to give the committee's six Republicans and six Democrats the freedom to step away from par More...

October 17, 2011

The Occupiers and Tea Partiers Are Both Right

Is the federal government at fault for the current lousy economy? Absolutely.

Are we still suffering from the excesses of Wall Street? Yup.

In fact Wall Street (and its foreign compatriots) and Washington (and other capitols) were co-conspirators in tanking the economies of much of More...

October 12, 2011

Jobs Coming Back from China

Automation means low labor wages are less of an advantage than they used to be. If you only use a few workers to achieve high output, you are less sensitive to what you pay them and more sensitive to their individual skills since each worker is responsible for an increased amount of output. As Ch More...

October 10, 2011

The Inconvenient Good News in the Employment Report

Both Democrats and Republicans were quick to leap on the superficially tepid jobs report Friday to prove their partisan points. Both sides studiously ignored the good news hidden in the details: the private sector added enough jobs in S More...

October 04, 2011

Jobs Go Awaiting… Or to China

"China, which currently mines most of the world's rare earths of both types [light and heavy], has a chokehold on heavy rare earths, producing 99 percent of the global supply.

"In its report last December, the Energy Department said it could take More...

October 03, 2011

Where Did All the Tax Revenue Go?

Don't read this post unless you like numbers.

In fiscal year 2000 the federal budget was actually in surplus. Revenues were higher than expenditures and the national debt was reduced a small amount. Economists hadn't predicted that strange occurrence; it was certainly a consequence of soar More...

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