Probably both. America’s ideological nightmare continues. So extreme are the Republicans nowadays that they have just thrown out, in a primary battle, one of their long standing Senators. Lugar from Indiana lost his reelection bid and is replaced for this November’s Senate election by Tea Party nominee. The only notable things about this new candidate […]

The economy sidles along. Sideways has become the constant theme this year and none of the news contradicts the notion that our malaise will linger. In view of the lack of leadership from Washington – the never ending American election cycle militates against actually doing anything other than run for re-election – we cannot expect […]

Not only have I had little time to make a comment on the state of the economy, but there seems to be little point either. Things are steadily slipping backwards from the mild improvement we saw a few months ago. We remain becalmed, leaderless, and clueless. It has become depressing talking about the systemic failure […]