I live in Singapore and fly in and out of its super efficient airport at least a few times a month. It’s the only airport in the world I know of, by the way, where you can clear customs, retrieve your luggage, and be in a cab in less than 15 minutes.
Anyway, I often see […]
Entries from April 2008
Big is So Yesterday (When Oil Costs $120 a Barrel)
April 30th, 2008 · No Comments
Tags: Industry
And She’s Done
April 30th, 2008 · No Comments
Lurita Doan, head of General Services Administration (GSA), resigned yesterday. Mrs. Doan, a Bush appointee, is accused of approving a no bid government contract to a friend and using her office to advance Republican candidates.
Mrs. Doan also attempted to cut the GSA inspector general budget. The inspector general is responsible for investigating internal wrongdoing.
Click here […]
Tags: Politics
America: Land of Crumbling Airports
April 30th, 2008 · 2 Comments
I don’t think it will surprise anyone that not one American airport made Skytrax’s 2007 list of top ten airports in the world. (The 2008 results will be available in two months, but don’t hold you’re breath.)
I recently passed though two of the airports on the list, Singapore (number three on the list and my […]
Tags: Infrastructure
It Trudges Along
April 30th, 2008 · No Comments
Despite dire predictions of recession, the US economy actually grew 0.6% in the first quarter of 2008. Gross domestic product (GDP) is the value of goods and services a country produces.
Click here for 0.6% GDP Growth
An entire 0.6%. Happy days are here again.
Tags: Economy
Not Ready For Prime Time
April 30th, 2008 · No Comments
This August American forces in Iraq are expected to drop from 160,000 to roughly 140,000 troops, and Iraqi forces are expected to fill the void.
Unfortunately the Iraqi Army suffers supply shortages, a lack of field grade officers, and urban warfare training gaps.
Following March clashes against Mahdi militiamen in Basra, British officers called the Iraqi Army’s […]
Tags: Military
Blame Game
April 29th, 2008 · No Comments
When asked if the United States was in a recession, President George Bush replied, “Economists can argue over the terminology. The average person doesn’t really care what we call it.”
He then promptly blamed Congress for the current US economic woes.
Click here for Economic Outlook
Actually Mr. President, I care.
Tags: Economy
That Money Can Buy
April 28th, 2008 · No Comments
According to documents subpoenaed under a harassment lawsuit filed by Acme Township treasurer Bill Boltres, retail chain Meijer violated Michigan law by contributing to two election campaigns focused on approval for one of it’s superstores in Acme Township.
Meijer hired Seyferth, Spaulding, Tennyson, a public relations firm, to write campaign literature, collect petitions, and wrote letters […]
Tags: Economy
Can’t Lose Economics
April 28th, 2008 · No Comments
It’s been said the Government’s business is business. That “policy” has never been clearer than the government $29 billion bailout of Bear Sterns last month.
Last month Federal Reserve Bank of New York president Timothy Geithner told Congress, “A sudden disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning […]
Tags: Economy
Numbers Game
April 27th, 2008 · No Comments
In September 2007 the Defense Department said Iraq needed only 390,000 security forces, but as of March 2008 the number climbed to 573,000. Senator Byron Dorgan of North Dakota found the increase “bizarre.”
Bizarre indeed, until you factor in the Iraqi Government’s practice of keeping dead, injured, or absent police officers on official payrolls. The Iraqi […]
Tags: Military
Boats & Oil
April 25th, 2008 · No Comments
The Western Venture, a civilian ship under contract with the U.S. military, fired warning shots at two small boats in the Persian Gulf’s international waters. The small boats are believed to be Iranian. Al-Alam, Iran’s state-run television station, denied the boats involved are Iranian.
After the incident, oil prices rose sharply.
Click here for Persian Gulf […]
