[Translate] On March 24th, I wrote a short post on Economist and NY Times Columnist Paul Krugman and created this video below. Today, in the wake of Newsweeks’ rather unfortunate April Fools Day article on the Princeton Professor (which presented him as a kind of edgy intellectual but lacked real substance in the discussion of why Krugman is wrong about Obama), I decided to offer this expanded blog post. The problem is that Krugman is really angry that the Obama administration is and has ignored him and this emotion has driven...
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[Translate] More at Murray Waas: “Vice President Dick Cheney, according to a still-highly confidential FBI report, admitted to federal investigators that he rewrote talking points for the press in July 2003 that made it much more likely that the role of then-covert CIA-officer Valerie Plame in sending her husband on a CIA-sponsored mission to Africa would come to light. Cheney conceded during his interview with federal investigators that in drawing attention to Plame’s role in arranging her husband’s Africa trip reporters might...
[Translate] More at Huff Post: “WASHINGTON — Sales of new homes fell in November to the slowest pace in nearly 18 years, while new home prices dropped by the biggest amount in eight months. The Commerce Department reported Tuesday that new home sales fell 2.9 percent to a seasonally adjusted annual sales pace of 407,000 units. That was a weaker performance than economists had expected and was the slowest sales pace since January 1991. The median price of a new home sold in November was $220,400, a drop of 11.5 percent from the...
[Translate] World Bank Chief Economist: World Faces “Worst Recession Since The Great Depression”: “Global oil demand will collapse next year and commodities will not return to the highs they reached this summer in the foreseeable future, two authoritative reports said on Tuesday as they forecast a long and painful worldwide recession. The stark conclusions came as the World Bank’s chief economist predicted that the world faced “the worst recession since the Great Depression”. The US energy department...
[Translate] WHERE DO THE PRESIDENTIAL CANDIDATES STAND ON THE GLOBAL WARMING ISSUE? I conducted a round table discussion on a message board with regard to global warming. Although there was not enough discourse about presidential candidates’ standpoints on the critical issue, I found many points quite illuminating. Here are some summarizations of and links to the discussion. This was very enlightening! Perspective 1: Every once in a while, Al Gore and his buddies will say something like “support renewable energy!”...
[Translate] What is Worldsourcing? That’s the question I had when I first saw the term and a hot topic at The Davos World Economic Forum. Worldsourcing is combing the world to find a person or thing that does what a corporation wants or needs to produce a something. To me, it seems like a no-brainer activity for a multinational corporation to do, but it seems that this corporation — called Worldsourcing.net — is necessary. We shall see. ...
[Translate] I had the pleasure of meeting Paul Erdman only once, and was struck by his kindness and willingness to engage in conversation. He’s one of those popular economists who’s ideas and words were always part of popular culture and certainly a part of my intellectual awareness. Paul Erdman — expert economist and prolific writer Carl Nolte, Chronicle Staff Writer Tuesday, April 24, 2007 Paul Erdman, a world-class economist and banker who used his knowledge of economics and politics to write best-selling novels,...
[Translate] The Super Bowl Means Super-Size Hotel Rates By JENNIFER CONLIN – NY TIMESPublished: January 14, 2007 Finding a moderately priced hotel room in Miami during the winter is never easy, but securing one over Super Bowl weekend (Feb. 2 to 5) is a totally different ballgame, regardless of availability. This weekend, for instance, the rate for a double room at the Miami Airport Holiday Inn is $190. For the night before the Super Bowl , that room goes for $430. At the already pricey Delano, a city view deluxe room that would...
