Jesse's Café Américain

Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said

Showing posts with label malinvestment. Show all posts
Showing posts with label malinvestment. Show all posts
27 January 2010

US Cattle Herd Drops to 1958 Levels

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Ranchers are culling the herds as corn prices soar and wholesale prices for beef and milk drop. My personal view is that this is a manifesta...
23 December 2009

The US Bull Market in Smoke, Mirrors and Gullible Investors

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We have given quite a bit of coverage to the somewhat 'thin' veneer of recovery being spun by misleading government econmic statisti...
20 March 2009

The AIG Scandal Is Merely a Symptom of Our National Agony

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The AIG bonuses are a calculated distraction. This is the heart of the problem: We will have no recovery until the system is reformed and br...
25 February 2009

How the Economy Was Lost

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Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. "How long can the US government protect the do...
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