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News / International News
Oct 20 2014 - Times Union, Albany NY by Los Angeles Times
For years, the government of Myanmar has treated its Rohingya Muslim people as intruders — an impoverished minority among a Buddhist majority, considered illegal immigrants, restricted in where they can live and work. The United Nations considers them one of the most persecuted groups in the world. Even as Myanmar has liberalized its political system, moving from military rule to democracy, the government has declined to ease its treatment of the Rohingya despite constant urging to do so by the human rights community and U.S. officials.
Editor's Comments:
I don't think that is such a bad idea. If Muslims can't accept the government where they chose to live, too bad. bbm
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News / Government
Oct 19 2014 - Foundation for Economic Education by Lawrence W. Reed
A few months ago, I walked into a restaurant in Naples, Fla., and said, “A nonsmoking table for two, please.” The greeter replied, “No problem. All restaurants in Florida are nonsmoking by law. Follow me.”
Editor's Comments:
Well no, not quite right. Somebody's smoke is a violation of another's liberty. There must be a compromise either voluntarily or some entity must decide on a compromise. bbm
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News / Government / Politics / Leaders and Politicians
President Obama
Oct 20 2014 - The Desert Sun by TRUDY RUBIN
Leon Panetta has taken a lot of heat for publicly dumping on Barack Obama's foreign policy while the president is still in the White House.
Editor's Comments:
Obama will never listen. bbm
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News / Government / Politics / Elections / Election 2014
Congress 2014
Oct 24 2014 - Troy Record by EUGENE ROBINSON
Sen. Elizabeth Warren says she isn’t running for president. At this rate, however, she may have to.
Editor's Comments:
Warren: “We can go through the list over and over, but at the end of every line is this: Republicans believe this country should work for those who are rich, those who are powerful, those who can hire armies of lobbyists and lawyers,” she said Friday in Englewood, Colo. “I will tell you we can whimper about it, we can whine about it or we can fight back. I’m here with [Sen.] Mark Udall so we can fight back.”
That is a huge lie and it is not just political season, it is a LIE. It should disqualify her for any political office. bbm

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News / Economics
Oct 19 2014 - The New York Times by Paul Krugman
In the Middle Ages, the call for a crusade to conquer the Holy Land was met with cries of “Deus vult!” — God wills it. But did the crusaders really know what God wanted? Given how the venture turned out, apparently not.
Editor's Comments:
As if the market is a body. bbm
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News / Economics / International Economies
Oct 17 2014 - Times Union, Albany NY by Thomas L. Friedman
Is it just my imagination or is there a global oil war under way pitting the United States and Saudi Arabia on one side against Russia and Iran on the other? One can't say for sure whether the American–Saudi oil alliance is deliberate or a coincidence of interests, but, if it is explicit, then clearly we're trying to do to President Vladimir Putin of Russia and Iran's supreme leader, Ayatollah Ali Khamenei, exactly what the Americans and Saudis did to the last leaders of the Soviet Union: Pump them to death — bankrupt them by bringing down the price of oil to levels below what both Moscow and Tehran need to finance their budgets.
Editor's Comments:
Pretty good article except for the last paragraph. "If only we could do tax reform, and replace payroll and corporate taxes with a carbon tax, we'd have a formula for resiliency and success far better than any of our adversaries." Replacing one tax with another is simple foolishness. Getting rid of those taxes would increase our economies and put us even further ahead of Russia's and Iran's. bbm
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News / Economics / Government Economics
Federal Reserve issues
Oct 22 2014 - Ludwig von Mises Institute by Frank Shostak
Economists at the Federal Reserve have devised a new indicator, which they hold will enable US central bank policymakers to get better information regarding the state of the labor market. The metric is labeled as the Labor Market Conditions Index (LMCI).
Editor's Comments:
An interesting thought here: Government work should not count as productive work in my WIP analysis. bbm
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News / Economics / Labor / Minimum Wage
Minimum wage realities
Oct 19 2014 - Economic Policy Institute. by David Cooper
More than five years have passed since the federal minimum wage was raised to its current level of $7.25 per hour. Over that time, the value of a minimum–wage income has fallen nearly 10 percent due to rising prices. Yet this decline is small in comparison to the drop in value of the minimum wage over the past four decades. After rising in line with economy–wide productivity in the three decades following its inception in 1938, the federal minimum wage has been raised so inadequately and so infrequently since the late 1960s that today’s minimum–wage workers make roughly 25 percent less in inflation–adjusted terms than their counterparts 45 years ago. Indeed, a full–time, full–year minimum–wage worker with one child is paid so little that income from her paycheck alone leaves her below the federal poverty line.1
Editor's Comments:
No it wouldn't. It will just lift the scale of everyone, making pay inflationary. It's net pay after expenses that counts. bbm
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News / Environment / Global Warming
The Global Warming Hoax?
Oct 19 2014 - In These Times by Naomi Klein
To avoid catastrophe, we must seize corporate polluters’ wealth. And to do that, we must change everything.
Editor's Comments:
Too bad the models don't work. bbm
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News / Violence / Violence-Extremist Muslims
Our Own Hundred Years? War
Oct 18 2014 - Times Dispatch
At the end of September, two adjacent columns on the New York Times website pointed toward an inescapable conclusion, expressed in the last two sentences of the second column, which we will get to in a moment.
Editor's Comments:
We don't need Iran's help. bbm
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News / Violence / Drugs, illegal
The Drug War
Oct 23 2014 - Times Union, Albany NY by Dallas Morning News
Amid all the recent commotion over Ebola, it might have been easy to miss a shocking story from Mexico: the Sept. 26 mass kidnapping of 43 student teachers in the city of Iguala. Their disappearance and suspected massacre should not fade from Americans' attention, regardless of the health care crisis at our doorstep.
Editor's Comments:
Another casualty from the drug war. bbm
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News / Medical
Oct 21 2014 - News With Views by Frosty Wooldridge
Continuing to allow airplane flights into America loaded with people streaming out of Ebola–ravaged Africa must be about the dumbest act that Congress, the Center for Disease Control and Barack Obama could possibly perpetrate on the American people.
Editor's Comments:
We are just inviting trouble by allowing flights from Ebola–infected countries into the U.S. What is Obama's agenda anyway? I shudder to think that it is intentional that he allow us to be exposed unnecessarily. My stepdaughter is an ER doctor in L.A. Governor Brown recently mandated that her hospital and one other Kaiser facility in the area be designated as Ebola centers. Just wonderful! js
Oct 17 2014 - usatoday.com by Scott Gottlieb
The emergence of a third case of Ebola in Dallas shows us that the deadly infection, while less transmissible than viruses such as the flu, is still highly contagious.
Editor's Comments:
Gottlieb is a good thinker but he is way off on this one. What we need is to limit the FDA to safety issues. Let the public and the medical profession, as in doctors, decide whether a drug is effective. bbm
Oct 20 2014 - The Dallas Morning News by Joe Nocera
Et tu, CDC?
Editor's Comments:
No different than any other government agency. Most employees don't go home at night worrying about what they might have done wrong, until it is too late. That's government for you. bbm
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Oct 22 2014 - The New York Times by Paul Krugman
Amazon.com, the giant online retailer, has too much power, and it uses that power in ways that hurt America.
Editor's Comments:
So explain the argument, Krugman. I don't want to hear that you think Amazon is bad. You have no credibility. So what is the exact argument? bbm
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Lifestyle / Race Relations
Black issues
Oct 19 2014 - Economic Policy Institute. by Richard Rothstein
Public Policies at the Root of its Troubles

In August 2014, a Ferguson, Missouri, policeman shot and killed an unarmed black teenager. Michael Brown’s death and the resulting protests and racial tension brought considerable attention to that town. Observers who had not been looking closely at our evolving demographic patterns were surprised to see ghetto conditions we had come to associate with inner cities now duplicated in a formerly white suburban community: racially segregated neighborhoods with high poverty and unemployment, poor student achievement in overwhelmingly black schools, oppressive policing, abandoned homes, and community powerlessness.
Editor's Comments:
It might be government policies but not the ones suggested in this article. Welfare is the big elephant in the room. It takes away responsibility from the individual. bbm
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