Thanks to a retweet by Carrie Cutforth, I bring you Eric Garland's excellent post, entitled How to get beyond the parasite economy. Some highlights:( Within )

I find myself mildly fascinated with a particular aspect of the sport of team handball. It's not really played much in North America, but is quite popular in Europe. Anyhow, the thing that I find most interesting about it is that defense seems to consist of assaulting opposing players to varying degrees. There seem to be four levels of assault ( Read more... )

It has been an interesting week for those of us watching the Cyprus chapter of the endless emergency playing out. The Cypriot Government and its people soundly rejected a process which seemed to impose a solution from above (wherein the so-called Troika, comprised of the European Commission, the International Monetary Fund, and the European ( Read more... )

As the endless emergency of our now ~5 year old financial crisis / recession has dragged on of late, I haven't had much to write. It's been a couple of solid years of extend and pretend, of waiting for the news cycle to drone on and get bored and move on to something else, of finding a way to wait and shift the problem to someone or somewhere ( Read more... )

You may have noticed I have not been writing entries about financial matters of late.( Back in the saddle? )

I'm sorry, but I cannot help but be amused by the notion of 'class warfare', as it is being used in the media today with respect to a plan to increase tax rates on top earners ( Read more... )

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Below are the most recent 5 friends' journal entries.
Seriously? First, they limited viewing of friends entries on free accounts to just the one page of entries (20 or 25 maybe). Now just 5? I know, I know ... they want freeloaders like me to pay for this service and are gradually making it useless without paying. But ... meh. I am not giving ( Read more... )

Quoting from this article:

Engineers had said on Thursday that a rip in the stainless steel lining of the pool at Reactor No. 4 and the concrete base underneath it was possible as a result of earthquake damage. The steel gates at either end of the storage pool are also vulnerable to damage during an earthquake and could leak water if they no ( Read more... )

The recession merely revealed a reality that has been with us for a long time. We faced a growing gap in education and skills that we tried to fill with debt and credit, which gave us the illusion of growth. (Reuters)

( More good quotes within )