| |
|
10. januar 2008
|
|
A race to the... top:
Toys will cost more, and not just because the price of lead prices is rising.
Some may call it yuan fever. The Chinese monetary unit is gaining in value, causing prices for Chinese products to rise.
Others may call it the workers revolution. People in China are demanding higher wages, which pushes price higher to cover the rising costs.
Good for them.
Of course, now China is facing inflation. And the Communist Party handles it in the old-fashioned way:
Retailers and producers will face heavy fines if they increase the price of basic necessities, the government says.
Because price controls have been such a roaring success in the past.
Link via Instapundit.
10:10:55 PM 
|
|
Ptochocracy: rule by beggars, or, rule by the poor, which apparently is "volcanic" in Google trends right now. Where? In New York City.
I think the trends algorithm still needs some tweaking.
8:25:36 PM
|
|
Cut off:
Telephone companies cut off FBI wiretaps used to eavesdrop on suspected criminals because of the bureau's repeated failures to pay phone bills on time, according to a Justice Department audit released Thursday.
The faulty bookkeeping is part of what the audit, by the Justice Department's inspector general, described as the FBI's lax oversight of money used in undercover investigations. Poor supervision of the program also allowed one agent to steal $25,000, the audit said.
This is just ridiculous.
8:04:24 PM
|
|
Camille Paglia, always a great read even if you disagree with every word, digs into Hillary Clinton and praises Barack Obama:
The Clintons live to campaign. It's what holds them together and gives them a glowing sense of meaning and value. Their actual political accomplishments are fairly slight. The obsessive need to keep campaigning may mean a president Hillary would go right on spewing the bitterly partisan rhetoric that has already paralyzed Washington. Even if Hillary could be elected (which I'm skeptical about), how in tarnation could she ever govern?
The current wave of support for Barack Obama from Democrats, independents, and even some Republicans is partly based on his vision of a new political discourse that breaks with the petty, destructive polarization of the past 20 years. Whether Obama can build up his foreign policy credentials sufficiently to reassure an anxious general electorate remains to be seen.
Obama is unproven, which is a negative, but Hillary is proven, and I think that is even more negative.
PS: But on the negative side for Obama, he has been endorsed by John Kerry.
8:01:38 PM
|
|
|
© Copyright 2008 Jan Haugland.
Last update: 01.02.2008; 22:13:46.
|
|
|
