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Category: Our World

  • On the wrong side of the tipping point

    George Rebane [This is the submitted version of my regular Union column that appears in the 10dec11 edition of the newspaper’s print edition and here in its online edition.] Our leadership has committed to take the country down the Hugo Chavez path.  Last week Venezuela’s portly leader shouted “Socialism, socialism, and more socialism!” as the…

  • Taxing the 1%

    George Rebane We wake up every morning to National Progressive Radio.  Listening to NPR is one of the many outlets we monitor so as to avoid the echo chamber effect of having others just adding to our confirmation bias (q.v.).  In the last couple of weeks NPR seems to have turned the heat on the…

  • Kakistocracy Rising (updated 10dec2011)

    “Fathom the stupidity of a Government that will require every citizen to prove they are insured……but not prove they are a citizen” George Rebane Today we are reminded again that there are legally sane people out there among and even ruling us who believe that doing the same stupid thing which caused their problems in…

  • Socialism – The disease that dares not speak its name (Addended & updated 4dec2011)

    George Rebane [This is the transcript of my regular KVMR commentary broadcast on 2 December 2011.  Here it contains a link to augmented graphics, and is addended with relevant material that could not be included due to the limited time slot into which the commentary must be scheduled.] The world has already changed a lot,…

  • The Fed/ECB dollar swap

    George Rebane Does everyone understand what went down this morning between our Federal Reserve and the European Central Bank?  I venture that less than one in ten thousand Americans know that their pocket was legally picked today by international central banks.  This morning the Fed executed a “dollar swap” with the ECB that essentially allows…

  • US Net Exporter of Oil Again

    George Rebane It isn’t clear whether we should laugh or cry.  But here we are, for the first time since 1949 we will be a net exporter of petroleum products this year.  The accompanying figure filched from the WSJ shows that exports started increasing during Bush2’s reign (recall Bush2 was an oilman).  Unfortunately, our exports…

  • A New Corporate Vision – The Constitutional Partnership Corporation

    [In the 'Hiroshima+66, Detroit+Welfare' comment stream RR reader Michael Rogers introduced us to the John Lewis Partnership, a unique type of worker owned/controlled corporation that has a ‘constitution’ as its organizing and operating policy document – let’s call it a Constitutional Partnership Corporation (CPC).  MichaelR launched a comment thread that expanded its examination.  RR readers…

  • Hiroshima+66, Detroit+welfare

    George Rebane In 1945 Hiroshima was devastated by the first atom bomb used in anger.  The bombings of Hiroshima and Nagasaki saved a net of at least two million lives and untold millions of casualties, plus a Japan devastated more horribly than it already was in August 1945 when the bombs were dropped.  The outcry…

  • Threshold of New Progressive Era Hailed

    George Rebane Jeffery Sachs of Columbia University is a very prominent and celebrated far Left academician who writes extensively in the national media.  For example, he is the spearhead of that august Scientific American having been politicized over the last decade or so (it is now also a much thinner magazine with articles that have…

  • Real News and Pabulum (updated)

    George Rebane Until further notice, please pay attention to – 1.    The German/French sovereign debt spread – subtract German interest rate from French interest rate.  This summarizes the entire eurozone crisis.  Use formula/chart in 'Investors playing the odds' to find likelihood that France defaults and/or that the ECB starts massive printing of euros to bail…

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