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Fed Report on Family Incomes

For those of you who follow these things the Federal Reserve Borad has just published a report based on the 2001 and 2004 surveys of family incomes. The report can be found here: Board of Governors of the Federal Reserve System The headline making nugget of information is that average incomes, after inflation, fell 2.3% […]

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Bush Cluless … Again

OK then call me stupid, but when national security is at stake shouldn’t the big guy get involved in the big decisions? Apparently not because as the Associated Press reveals, here printed in the New York Times: Bush Played No Role in Approval of Port Deal, White House Says, our great defender was not in […]

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Iraq War Costs

Joe Stiglitz, a Nobel Prize winning economist, has just published a review of the true cost of the Iraq war. There is no prize for guessing that the figures he comes up with are vastly different from those publicized by the Bush regime. Remember that when the war began the Administration’s economists gave an original […]

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