“Serious Questions about the Obama Administration's Incompetence in the Wikileaks Fiasco”

From Sarah Palin’s Facebook page:

We all applaud the successful thwarting of the Christmas-Tree Bomber and hope our government continues to do all it can to keep us safe. However, the latest round of publications of leaked classified U.S. documents through the shady organization called Wikileaks raises serious questions about the Obama administration’s incompetent handling of this whole fiasco.

The True Source of Our Thanksgiving Holiday

~ “LETTERS FROM AMERICA” - by The Metaphysical Peregrine ~
Each year, on the forth Thursday of November, we celebrate and give thanks for all the good things we have. It’s a truly pure holiday in that it's an expression of its original intent. No costumes to dress up in, no gifts to give, no Easter egg hunts and all the rest. Family and friends get together for one reason only, to participate in

“The Plumber is Clearly Smarter Than The Ben Bernank” (Quantitative Easing Explained)

“So has the Fed ever been right about anything?”

“Let me see if I can think of anything....(long pause)....no, nothing.”

“Who runs the Fed?”

“The Fed is run by the Ben Bernank.”

“Does the Ben Bernank have a lot of business experience?”

“No. The Ben Bernank has no business experience.”

“Does the Ben Bernank have a lot of policy experience?”

“No. The Ben Bernank has no policy experience.”

Has the Fed Been a Failure?

In a working paper from the Cato Institute three American scholars assess whether the U.S. experiment with the Federal Reserve has been a success or a failure. In the light of a wide range of recent empirical research they found that

The Fed's full history (1914 to present) has been characterized by more rather than fewer symptoms of monetary and macroeconomic instability than the decades

Kali Yuga

“ And when the end of the Yuga comes, the right hand will deceive the left; and the left, the right. And men with false reputation of learning will contract Truth and the old will betray the senselessness of the young, and the young will betray the dotage of the old. And cowards will have the reputation of bravery and the brave will be cheerless like cowards. (…) And the inhabited regions of the

“I Want To Listen To The People”

Aung San Suu Kyi’s first interview (BBC) since being released.

A New Era For Franco-British Military Relations

Yeah, once upon a time such a title might have been astonishing. Right now, it's just a way (among others) to describe what happened in London a few days ago...

Read the article in the Financial Times online.

Aung San Suu Kyi Set For Release

Breaking News — Reports are coming out of Burma saying the military authorities—after the election farce—have signed an order authorizing the release of Aung San Suu Kyi. But the Nobel laureate pro-democracy leader is not expected to accept a conditional release if it excludes her from political activity. (BBC)

Bjørn Lomborg's Movie. Alternative Ways To Protecting The Environment

Bjørn Lomborg
Before becoming the “Skeptical Environmentalist” by antonomasia, Danish author Bjørn Lomborg was a pro-environmentalist and a Greenpeace supporter who began his research as an attempt to counter some of the most common anti-ecological arguments. But he was bound to change his mind very soon after starting to analyze the data. And that’s how The Skeptical Environmentalist:

The Aftermath of the Electoral Tsunami and Why It Happened

~ “LETTERS FROM AMERICA” - by The Metaphysical Peregrine ~
The elections last week reflected where US citizens are socio-politically, more than expressing any great sea change. Before and after the election, polls showed 22% of Americans consider themselves liberal, 34% consider themselves conservative, and 44% consider themselves moderate. That 44%, the “swing vote”, when the internals are

Why China May Not Matter Quite As Much As You Think

Ok, it’s true that in China growth of 9.6%—recorded in the year to the third quarter—represents a slowdown and that, according to the IMF, China will account for almost a fifth of world growth this year (just over a quarter at purchasing-power parity).

Yet, when the Bank Credit Analyst, an independent research firm, asked what would happen if China suffered a “hard landing,” its answer was far

The Sagrada Família. A Powerful Lesson For Today's World

While celebrating the Mass for the first time there, Benedict XVI consecrated a few hours ago in Barcelona the basilica of the Sagrada Família, the stunning masterpiece—that has been under construction since 1882 and is not expected to be complete until at least 2026—of Christian art designed by Catalan architect Antoni Gaudí. As Vaticanist Sandro Magister puts it,

It is impossible not to

The Day After

Some insightful (and common sense) comments.

1) The real loser


The real loser is Keynesianism: the idea that when businesses and individuals stop spending, government must. That idea will not rebound; it's over for this period in economic history. First Britain, and now the United States, are responding to the worst economic contraction in 75 years by contracting government, despite the fact

What, If Not A Tsunami?

If not a tsunami, then what metaphor should we use to describe it? A hurricane? Yes, but a “meaningful” one.