Wanting one's cake and eating it too is a common syndrome in humans. In corporations, it's epidemic. With all the chatter about the US's healthcare expenditures being the highest, and general population health nowhere near that, high amongst that chatter is that "it cost $X billion to get a new drug to market!!" I'm among those who blame drug companies for continuing to throw good money after bad. After all if they didn't, the CxO class wouldn't be able to keep their million dollar…Continue
If you like what OPEC means for oil prices, you'd love what the gold standard would do to financial markets.
-- Michael Feroli/2011
Well, Bitcoin is back in the news, and not, it seems, in a pleasant way. (There was a time, perhaps still is, when bitcoin was called the…Continue
Somethings never seem to grow organically in the brain. Some times it has to be read to be understood. Among all the recent assaults on community and freedom, a Borg-fascist future, this post is truly chilling. As most folks, I have been aware of the mechanization and corporatization of farming, Monsanto's efforts in particular, but not being a farmer or agronomist by training, a cursory effort at…Continue
What some have been saying for years, "Don't go East, young man!!", is playing out today. The Asian markets, led by China, have done a minor (one hopes) nosedive. Can another strategic devaluation from Beijing be far behind? All that anti-American off-shore profit by American corporations out to stick it to the working class going up in rubble dust? We'll see. But Beijing has done it before, and recently enough as to be remembered. One hopes.
Added by Robert Young on January 4, 2016 at 5:30am — No Comments