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Poor Jobs Outlook

Today’s jobs data reinforces the view that the economy is slowing down quickly. Here’s the release as reported by MarketWatch, a Dow Jones website: Jobless rate jumps to 5% as payroll growth stalls The point to raise here is that not only was job growth really weak last month, but that unemployment jumped so strongly […]

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What Democracy?

By now most of you will have realized that I have a very low opinion of the American electoral process. Frankly it is not democratic, so I find it obnoxious, to say the least, when American politicians or commentators crow, lecture, or otherwise pontificate about the virtues of democracy. I am not alone. Christopher Hitchens […]

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The Economy and the New Year

Happy New Year everyone! Unfortunately we start 2008 still under the thumb of the Bush regime who’s ineptitude and corruption won’t be banished for a full year. As if to settle any new year’s optimism the New York Times has led off today with this editorial:The Economy and the New Year How appropriate. I have […]

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