Spec Bowers emails Glenn Reynolds this point:
Opponents of drilling argue that it will take 5-10 years for that oil to become available. What they ignore is that current prices are affected by the perception of future prices. If sellers of oil begin to think that oil will be priced at say $90 per barrel 5 […]
Act One
My application for the Evil League of Evil is still being processed.
A Baffling Global Economy
Today’s global economy baffles experts — corporate executives, bankers, economists — as much as ordinary people. Countries are growing economically more interdependent and politically more nationalistic. This is a combustible combination. The old global economy had few power centers (the United States, Europe, Japan), was defined mainly by trade and was committed […]
New York Post
Barack Obama “had nothing to do” with Gen. Wesley Clarks curt dismissal of John McCains military record, the retired Army officer wants everyone to know.
“I dont think riding in a fighter plane and getting shot down is a qualification to be president,” Clark said of McCain on “Face the Nation” - and then […]
