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Posted by Kathleen McCaffrey on November 04, 2011 15 Comments
My friend Zach linked to this amazing article this morning: The Shadow Superpower. In many countries — particularly in the developing world — System D [the black market] is growing faster than any other part of the economy, and it is an increasing force in world trade....

Posted by William A. Jacobson on October 27, 2011 10 Comments
They will not have China to bail them out: For so long we have heard nothing but how the Chinese were doing things right. Hundred of millions rising up out of poverty. News cars replacing bicycles on the streets of Beijing. An economy that could...

Posted by William A. Jacobson on October 06, 2011 22 Comments
I’ll admit I don’t understand all the intricacies of the U.S. Senate Rules, but moments ago Harry Reid pulled the “nuclear option” in order to prevent Republicans from forcing Senate Democrats to vote on Obama’s jobs bill. As reported by The Hill (h/t Marathon Pundit): In...

Posted by William A. Jacobson on September 28, 2011 8 Comments
Obama gave a good speech at the U.N. last week, I credited him with that. But his Israel policy still encourages Palestinian intransigence, as evidenced by his demands that Israel cease building new housing units in the Jewish neighborhood of Gilo.  Gilo occupies a strategic...

Posted by Kathleen McCaffrey on September 19, 2011 11 Comments
one op-ed today, I hope it is Mary O’Grady’s column in the Wall Street Journal: “Big Labor’s Yanqui Imperialism.” On the face of it, the National Labor Relations Board’s effort to block a new Boeing plant slated for the right-to-work state of South Carolina seems...

Posted by William A. Jacobson on September 17, 2011 12 Comments
Much like windmills, Obama’s energy plans for the country turn on “green” energy like LED lighting. From The White House website: Today’s Recovery Act in Action episode takes place in Durham, NC at Cree, Inc., America’s foremost producer of LED lighting.  It’s a tale of...

Posted by Kathleen McCaffrey on September 08, 2011 6 Comments
The OECD reports that it “expects 0.3% growth in the UK in the last three months of the year, but said the economy could contract by as much as 1% amid high uncertainty over its projections. … [The] reason for the uncertainty surrounding its latest...

Posted by William A. Jacobson on August 27, 2011 13 Comments
I’ve been receiving e-mails from readers in the past weeks insisting that Obama would kill the pipeline planned to bring “oil sands” oil from Canada to the U.S.  Given the Obama administration’s policies to date, such expectation was reasonable. The environmental movement made the oil...

Posted by William A. Jacobson on August 22, 2011 11 Comments
I just listened to Obama’s statement on Libya, and while he didn’t spike the football, he’s pretty proud of himself. And, if as it now appears Qaddafi is gone, and if what replaces him is not even worse, then Obama should be proud of himself. ...

Posted by William A. Jacobson on July 15, 2011 4 Comments
There is something disturbing about an explanation of our debt crisis in Chinese, even if the video producers are in Taiwan, not mainland China. It’s easy for them to laugh.

Posted by William A. Jacobson on June 10, 2011 4 Comments
I saw this coming from a mile away.  Actually, from two months away. Obama insisted on a U.N. Security Council Resolution authorizing a no-fly zone in Libya.  But the U.S. and NATO attacks on Libya have exceeded the U.N. mandate.  What was hailed as a...

Posted by William A. Jacobson on June 02, 2011 13 Comments
It’s possible.  After all, we know the Chinese intelligence services are very adept at hacking.  And Weiner has been a critic of China’s human rights record for years, so China might have a motive. And we are being told that what is possible and what...
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