I will be away and out of Internet range until November 7th. My wife and I are off for a tour taking us from Crete to Zagreb with stops all along the Dalmatian Coast. The history of the region is rich, full of lessons of the rise and collapse of many nations. Maybe I can capture some of the wisdom and the hubris from the remnants of these civilizations as I travel along. It will be most welcome to escape the volatility and raucousness permeating my everyday life these days.
Continue ReadingThe Autumn of Our Discontent
The protests of the growing number demonstrating their anger at the “system” will not disappear even if the protesters tire and dissipate. The New York Times (10/14/11) carried an article on the front page of the business section and prominently on their web site telling how the barons of Wall Street are largely dissing the protestors and dismissing the whole thing. They call the OWS people “unsophisticated” and “gullible.” But they are afraid to say this publicly for fear of being make targets. By remaining anonymous they also cut off any opportunity for a conversation in which they might be… Read More
Continue ReadingHitting a Tender Spot on Wall Street
In a piece of delicious irony, Paul Krugman, speaking through his oped column in the New York Times, the elitist of newspapers, took on the oligarchs that are desperately trying to ward off the daylight of truth about inequality and unfairness.The [article is](http://www.nytimes.com/2011/10/10/opinion/panic-of-the-plutocrats.html?hp) one of many trying to guess what will be the impact of the surprising (to some) and growing protests against the super-rich and the institutions that have made them so. I have written earlier about this. He pulls no punches in castigating the those against whom the protests are being directed for using the most outlandish, and… Read More
Continue ReadingThe Protests Are Not Class Warfare!
“Romney: Wall Street Protests ‘Class Warfare’” reads a headline from the National Journal, among other media sources reporting on a statement by Mitt Romney made during a visit to a retirement community in Florida. Here’s the gist from this [source](http://nationaljournal.com/2012-presidential-campaign/romney-wall-street-protests-class-warfare–20111004). > Republican presidential frontrunner Mitt Romney on Tuesday compared the current anti-Wall Street protests to “class warfare.” > > “I think it’s dangerous, this class warfare,” Romney said to an audience of about 50 people in response to a question about the protests over such issues as high unemployment, home foreclosures and the 2008 corporate bailouts. > > He made… Read More
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