Category Archives: economy

CUT CUT CUT

“Drill baby drill.” Thsi slogan first hit the ears of America during the 2008 GOP convention. Michael Steele was its originator. Saran Palin adopted the pro-Oil mantra during her VP debate with Joe Biden, who was proposing alternative energy investment. It didn’t matter that any new wells would take ore than 10 years to bring […]

Her Royal Humbug

Ebenezer Scrooge infamously declared his opinion of Christmas in Charles Dickens’ A CHRISTMAS CAROL with the immortal words, “Bah humbug.” Typically portrayed as a banker, loan shark or lawyer, Scrooge’s name is synonymous with miserdom, although Queen Elizabeth II entered the anti-holiday ‘bah humbug’ by canceling Buckingham Palace’s annual Christmas party. The event was paid […]

Adios Los Falklands

Los Islas Malvindas are 250 nautical miles from the Argentinean Coast. The distance between Port Stanley and London is approximately 8000 miles. My friend, Vanessa, represented the Falklanders in the UN. Her duties required two annual trips to that remote South Atlantic archipelego. The voyage was a grueling 40 hours from New York via Chile, […]

Another Step Backward

Three of my co-workers in the diamond exchange commute from New Jersey. A distance of less than twenty miles. Their daily trips combine trains, buses, and subways. Traffic horrid on each of the tunnels and bridges crossing the Hudson River. The Federal government had planned a third rail tunnel to alleviate the strain on the […]

REQUIEM FOR DETROIT

Detroit symbolized US industrial power for much of the 20th Century. Cars, cars, cars. Something went terribly wrong with this powerhouse city. The automobile industry imploded by building crappy cars and SUV. Crack supplanted the production line as the leading employer of black youth. Billions were wasted on revival efforts dominated by skyscrapers and sports […]