Category Archives: Armageddon

This Is Education Under Socialism

In Greece: The gray economy extends to the education system, where many Greek students pay on the side to fill in holes left by lackluster teaching. Katerina Karamatsiou, a young Athenian, recalls her high-school physics teacher telling the class: “What’s … Continue reading

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This Is Socialism

In Greece: The government admits it doesn’t know exactly how many people work for it. That’s partly due to a history of haphazard hiring by politicians who have traditionally rewarded supporters with public-service jobs. A hiring spree in the month … Continue reading

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The Horror

Yesterday was a typical winter’s day in our neck of the San Francisco Bay Area — a chilly 50 degrees most of the day, 60 in the sun. Of course we had a stout fire going all day to keep … Continue reading

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More devious than you thought

It isn’t just that he wants to give Khalid Sheik Mohammad and his pals a stage in Manhattan, Attorney General Holder and President Obama want to give the media a reason to bag on proponents of the war during the … Continue reading

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Getting Cold Feet?

If you’re in Washington’s Auburn/Kent valley, it may be because they’re very wet. The Army Corps of Engineers have finally released a series of maps showing the areas that will be effected by the possible collapse of the Howard Hanson … Continue reading

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Trading Up

One of our sales reps (Mexican immigrant, natch) was twiddling a twenty-peso note between his fingers just now. I gave him two bucks for it; I figure that’s a good investment. — Comment I left at Tam’s place. Incidentally, even … Continue reading

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Oh Nooo, the RAIIINNNN!

We’ve got our first storm of the season here in the Bay Area, and of course everyone’s driving off the roads (150+ CHP traffic incident hazards during commute hours this morning, for example) because a few inches of rain and … Continue reading

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“Sheeps in the Fields”

No, not Zorro (although that was one of the funniest movie lines I’ve ever heard, in an otherwise completely forgettable film), i’m talkin’ ’bout Zero Hedge’s use of Google Earth and a database to show the world’s shipping fleet idled … Continue reading

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Well-capitalized, eh?

Aug. 13 (Bloomberg) — It’s amazing what a little sunshine can accomplish. Check out the footnotes to Regions Financial Corp.’s latest quarterly report, and you’ll see a remarkable disclosure. There, in an easy-to-read chart, the company divulged that the loans … Continue reading

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Well lookee here

Pay no attention to the man behind the curtain! Hurray! the recent 7-year bond auction was “successful,” keeping confidence high in the markets. Why, it was so successful, in fact, that gosh, the Federal Reserve decided a week later to … Continue reading

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