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    Rumsfeld Should Go

    April 19, 2006

    The open and ongoing discussion about Donald Rumsfeld’s suitability as the civilian overseer of the American armed forces continues unabated. In my opinion he should be fired. I also think that the decision to fire him should not be swayed at all by the various retired generals who are now openly offering their criticism of […]

    Economics, Politics / Federal deficit, fiscal policy, interest rates, monetary policy, recession /

    Interest Rates Are Rising

    April 13, 2006

    This may be the beginning of a steady slowdown in the economy: long term US government bond rates are rising with the ten year bond now topping 5.0%. The New York Times reports here: Cheap Money Fades as 10-Year Note Tops 5% This may seem like a low interest rate, but the economy for the […]

    Politics /

    Immigration – Again

    April 11, 2006

    The recent rallies in protesting against restrictive immigration legislation are causing all sorts of political nightmares in Washington. The New York Times has this article: Immigrants Rally in Scores of Cities for Legal Status Now that the legislative process has ground to a halt the politics can start in earnest. So far the Republican leadership […]

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