As far back as last October, John Hathaway believed gold’s breakaway performance from other commodities signaled rough times ahead for financial assets. That proved true — and that’s the kind of insight that has led (more…)
September 2007
Monthly Archive
Sun 30 Sep 2007
Sun 30 Sep 2007
House of Cards: Getting Ready for the Roof to Fall
Posted by admin under Housing , National No CommentsFor celebrated bond fund manager Jeffrey Gundlach, the intensifying meltdown in the U.S. housing market has all the inevitability of a Sophoclean tragedy. The Chief Investment Officer of Santa Monica, Calif.-based TCW Group has been sounding warnings (more…)
Sun 30 Sep 2007
Alan Shrugged…And Washington fell to its knees.
Posted by admin under National , Economy [2] CommentsI was in the midst of reading up on Alan Greenspan, whose new memoir, The Age of Turbulence, has just been published to wide publicity and boffo sales, when I saw in a local gossip column that he and his wife had been spotted (somehow!) spending yet another Sunday afternoon in the owner’s box at FedEx Field, watching the Washington Redskins writes Andrew Ferguson for the Weekly Standard. (more…)
Sun 30 Sep 2007
Campaign 2008: Ron Paul is as Surprised as Anyone at the Near Messianic Zeal he Inspires
Posted by admin under Politics , National No CommentsRon Paul doesn’t understand his own success. He didn’t know his calls for an end to the Federal Reserve and the Department of Education would draw cheers that his anti-income tax, anti-foreign intervention and libertarian message would resonate. He was reluctant to run for the (more…)
Sun 30 Sep 2007
As they marched through the streets of Myanmar’s cities last week leading the biggest antigovernment protests in two decades, some barefoot monks held their begging bowls before them. But instead of asking (more…)
Sun 30 Sep 2007
Safety experts for the Food and Drug Administration urged the agency on Friday to consider an outright ban on over-the-counter, multisymptom cough and cold medicines for children under (more…)
Sun 30 Sep 2007
Bush Urges Better Climate Change Co-Operation
Posted by admin under National , Climate Change No CommentsPresident George W. Bush hailed a “deciding moment” in the battle against climate change on Friday, urging rich and poor countries to build a new international approach to the problem (more…)
Sat 29 Sep 2007
Can Hillary be Stopped? It’s Looking Less Likely by the Day
Posted by admin under Politics , National No CommentsThis has been a glorious fortnight for Hillary Clinton. On September 17th she unveiled her health-care plan—inevitably dubbed Hillarycare 2.0—to widespread applause. On September 23rd she appeared on (more…)
Sat 29 Sep 2007
The dollar hit a record low against major currencies and gold reached a 27-year high on Friday as investors ignored data suggesting that inflation moderated last month .Analysts said the prospect of rate cuts by the (more…)
Sat 29 Sep 2007
Americans made more purchases than expected in August and a crucial inflation indicator cooled, the Commerce Department said yesterday, two indications that the economy is still somewhat insulated from (more…)
Sat 29 Sep 2007
It’s a coffee table book the size of a coffee table. That is one way of describing the 1,000-page history of Los Angeles, an ambitious chronicle of the city’s development that will make a little history of its own today (more…)
Sat 29 Sep 2007
7.4 Pacific Temblor Read on California Instruments
Posted by admin under State , Earthquake No CommentsA deep and powerful earthquake Friday beneath the Pacific in the Northern Mariana Islands sent a seismic wave coursing more than 5,200 miles through the Earth, triggering an automated quake-detection (more…)
