Category Archives: Uncategorized

An important piece of history, completely unknown to me.

How embarrassing for a soi-disant educated chimp! A really educated man, Noam Chomsky,  points to it in a recent speech  on the Great Charter. I knew nothing about the Charter of the Forest, and it is a revelation. Read the wikipedia entry: … Continue reading

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A Good Daily Dose of Sly Invective

UPDATE: I forgot to credit the indefatigable Lambert of Corrente, via Naked Capitalism for the D-115  posting….. Commentary on the Obomney election process and much else. The formation a year or two ago of the “Northern Command” by the Pentagon … Continue reading

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Treaty of Wesphalia, Tattered and Dusty

At the start of the last century, the concept of the nation state was under assault primarily from the radical left. While the Great War was fought by nation states, their elites didn’t doubt the legitimacy of the concept — … Continue reading

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Into the Weeds With Obama’s Chicago Friends

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There’s Something in the Air

Vibrant nightly protests over the past week in downtown Montréal, in solidarity with the Quebec student strike, are sparking global attention. As the Quebec-wide strike continues – it has now been going for over 11 weeks – a new energy … Continue reading

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Gold, a form of collateral that pays zero interest

The FT makes the case that gold is less and less different from zero-interest treasuries, and therefore an attractive form of collateral in the shadow banking system. If people think of gold as collateral, then the demand for it will … Continue reading

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It was a Gang of Five, not a Gang of Four.

I haven’t followed Chinese politics at all for years, but this story in the Guardian caught my eye, since I noticed that many in the West, including the redoubtable Nouriel Roubini, were speculating that the fall of Bo was of … Continue reading

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