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Currently Browsing: Economy

Barack and Michelle Obama Address International Olympic Committee

Here’s Part 1 and Part II of Fox News video now up on You Tube of President Barack Obama and First Lady Michelle Obama making their pitch to the Olympic committee for Chicago as the 2016 Olympics city: Here’s the text of Obama’s comments. Here’s the text of Michelle Obama’s comments. FOOTNOTE: My satellite radio (the device that lets me escape regular talk radio) was on the blink...

Mahatma Gandhi & Seven “Deadly Sins”

Today – October 2 – is Mohandas Karamchand Gandhi’s (or Mahatma Gandhi’s) birth anniversary . Gandhi once said that if we are not careful then seven “deadly sins” will destroy us. They are: a) “Wealth Without Work”; b) “Pleasure Without Conscience”; c) “Knowledge Without Character; d) Commerce (Business) Without Morality (Ethics); e) Science...

Fat, Poor & Sick

Daniel Engber: Being fat can make you poor, and being poor can make you sick, which means that being fat can make you sick irrespective of any weight-related diseases. Fatness (or the lifestyle associated with obesity) also creates its own health problems, regardless of how much money you have—and health problems tend to make people poor, through hospital bills and missed days of work. So fat can be impoverishing...

Afghanistan: UN Mission Splits Over Galbraith’s Dismissal

I always admired Prof John K. Galbraith, the US ambassador to India, for his remarkable insight, professionalism and warmth. His son, Peter W. Galbraith, until recently the top American in the UN mission in Afghanistan, appears to have inherited the same wonderful qualities of his no-nonsense dad. Peter Galbraith was fired yesterday after refusing to take part in what he called “a cover-up” of...

The Public Option Only Looks Dead (Guest Voice)

EDITOR’s NOTE: This column was put on a timer. Due to a technical glitch the PROPER byline that was set up did NOT appear when this first went on the site for the first 90 minutes. Although this does say “Guest Voice” on top, it did NOT show the byline of Washington Post columnist E.J. Dionne, Jr. It is now fixed. TMV regrets the error. WASHINGTON — The strangest aspect of the debate...

Dave and Jenny: New York To New Delhi

My last post took note of American arms sellers camping in New Delhi (see here). This post is about the increasing number of expats/professionals (including Americans) who are making India their home, and feel more than welcome here. Dave Prager and Jenny Steeves (photo above), who arrived in New Delhi from Brooklyn in 2007, say: “Unlike most countries in the world, Indians love Americans.” Their...

CQ-Roll Call Fires Editor for Questioning Layoffs

Last week, 44 employees of the company that publishes Congressional Quarterly and Roll Call were given pink slips. Today, the newsroom editor, Brian Nutting, was fired for an email he sent to top management demanding to know the reason for the layoffs. Or, to be more precise, he was fired for refusing to apologize for sending the email. Nutting worked at CQ-Roll Call for 27 years, and was very highly regarded...

Australian Town Bans Water In Plastic Bottles

Australian town of Bundanoon has become the first in the world to ban commercially-bottled water. The ban, which is supported by local shopkeepers, means water in plastic bottles can no longer be bought in the town in the Southern Highlands, two hours from Sydney. Instead, reusable bottles have gone on sale, which can be refilled for free at new drinking fountains (photo above), reports The Independent. “Bottled...

After 35 Years, A Case Of Tuna And Stolen Pension

It must be a bittersweet experience for my mother-in-law and hundreds of cannery workers being honored today for their contributions to a city’s industry that was snuffed a generation ago. The San Diego Unified Port District spent a half-million dollars to erect a bronze sculpture and commemorate the site honoring tuna and albacore fishing and cannery workers at the waterfront. The story in the San Diego...

Why Not Let Foreignors and Aliens Buy Into Health Insurance?

Despite all the dysfunctional attributes of the U.S. healthcare and health insurance industries, we do provide some people with the world’s best medical care as a result of cutting-edge technology and procedures provided by the world’s most talented physicians at some of our top institutions. People with real life-threatening diseases come from around the world to many American medical centers to get care...

America’s Arms Bazaar Comes To New Delhi

As the cartoon above says, War is Big Business. This major issue is discussed, if at all, in passing by the mainstream media. Newspapers in India’s capital city had to borrow a news story from The Washington Post that “major US arms suppliers are wooing Indian defence agents and officials.” Emily Wax of The Washington Post continues: Almost every weekend, there are cocktails and closed-door...

The Demise of the F-22 Raptor: The Story Behind the Story

By now, most of the stories behind the dazzling rise and ignominious demise of a proud, magnificent bird, the F-22 Raptor, have been told. Stories about the brilliant design and cutting edge manufacturing and assembly technology. A technology that has been described as “the only thing more complex than the human body.” (I was fortunate to visit the “mile-long” Lockheed Martin F-16 assembly line;...

Let’s End Flexible Spending Accounts

I have never been a believer in the value of flexible spending accounts. The Baucus Bill calls for setting a $2,500 annual limit on what people can set aside in an FSA, among other restrictions. Ron Leiber reports that “a not-quite grass-roots effort has sprung up, led by companies that administer flexible spending accounts,” to advocate for them. I’ve fought with one of those companies,...

Jon Kyl Tells Debbie Stabenow He Doesn’t Need Maternity Care…

… and Sen. Stabenow replied, “I think your mom probably did.”

Foreclosure Insanity Reaches New Heights

From time to time in my work I come across a new level of bizarre behavior on the part of lenders. I have previously written about how it never made sense to me that banks with mortgages or credit card companies would not work with their customers to try and work something out. It always seemed to be more logical for the bank/credit card company to get a deal which would give them some money rather than none. But...

It Will Soon Be Time For A New New-Deal

First of all, I want to say I’m very glad that unemployment benefits are being (temporarily) extended yet again. I was afraid that with that the recession being “over,” there would be political pressure (or laziness) not to, and this bill helps hundreds of thousands of people who were about to see their income dry up. It is crazy to think that many people are about to run out on a minimum 79...

Charity Begins With Charities (Guest Voice)

WASHINGTON — If the uninsured can’t count on the do-gooders to help them, where else can they turn? The question arises because certain leaders of the sector of our society devoted to civic endeavors moved this week to block a perfectly reasonable way of raising some money to extend health coverage to those who don’t have it. At issue is a proposal by a number of senators, including...

Sticking Pittsburgh With the G-20 (Guest Voice)

Sticking Pittsburgh With the G-20 by Bill Steigerwald Dear President Obama. We Pittsburghers sincerely hope you enjoy your visit to our beautiful city later this week, when you’ll be chairing the exciting G-20 Summit that you so thoughtfully chose our city to host without finding out whether we could handle it or afford it. But please, Mr. President, don’t think that the chaotic and barricaded and over-policed...

Palin Now Sees China Clearly from Hong Kong Hotel Window

After becoming an expert on U.S-Russia relations during her campaign for the vice-presidency by claiming that Russia could be seen from Alaska, Sarah Palin can now add a second major power to her foreign policy credentials: China. By reading a prepared, major foreign policy speech before a packed ballroom in Hong Kong’s Grand Hyatt hotel, Sarah Palin has now clearly and firmly cemented her foreign policy...

You Have Two Cows…

I just received an e-mail in Spanish from a friend. It was titled ” La Culpa es de la Vaca,” (It’s the cow’s fault), and started as follows: COMUNISMO: Tienes 2 vacas. El estado te quita las dos y te regala un poco de la leche. (COMMUNISM: You have two cows. The government takes both of them and gives you a little bit of milk) And so it went on with Socialism, Fascism, Capitalism,...

My, How Dickensian You Are Looking Tonight, Mr. Cantor!

Alastair Sim had more charm, I think. Via Think Progress.

Extra! Extra! Now Read This

Headline writers for newspapers and the larger Internet websites have the power to sell, taint, cajole, tease and distort the writer’s works in order to lure the reader to take the bait. I took the bait, hook, line and sinker this morning from the following headline on MSNBC’s web page: WHY OBAMA WISHES HE WERE KING Or at the very least, he wishes he were Mel Brooks The article was written by Bill...

The Netherlands: An Extreme in “Less Government”?

Those who long for less government, less government “interference,” and more privatization may want to take a look at The Netherlands. In an article in the Dutch NRC Handelsblad that starts with the assertion that “Nobody is in charge in the Netherlands – even democracy has been privatized,” Marc Chavannes, a Dutch journalist and political columnist, tells us: The Netherlands was late in professing...

A Most Unusual Look at the Bush “Self-Correcting” Presidency

This morning’s Op-Ed piece in the New York Times by Ross Douthat will certainly raise a lot of eyebrows, produce a lot of frowns, bring out a lot of smiles and everything in between—and beyond. For the article is a little bit about the good and a lot about the bad and the ugly of a person whom Americans either love, or love to hate. You guessed it; it is about George W. Bush. What makes the article...

Our Globalized Economy

Monte Wolverton, Cagle Cartoons This cartoon is copyrighted and licensed to run on TMV. All Rights Reserved. Unauthorized reproduction prohibited.
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