Published under ‘world’

In another development showing a rising tide against pseudo-Islamic terrorists, throngs of Indian Muslims marched to condemn the Mumbai terrorist attacks and dissociate Islam from the actions of the perpetrators. "Muslim leaders have refused to allow the bodies of the nine militants killed in the attacks to be buried in Islamic cemeteries, saying the men [...]

Here is another good article on the misaligned incentives that came about when Wall Street went public. November 16, 2008 Op-Ed Contributor Our Risk, Wall Street’s Reward By WILLIAM D. COHAN AFTER nearly 18 months spent doing triage on one of the worst financial crises in our nation’s history, there is now a shred of [...]

Something I’ve noticed this year about the irony of American Exceptionalism: Those who trumpet it most have it least. American exceptionalism is about being a nation rooted not in shared backgrounds but in shared values: freedom, democracy, the rule of law, equality for all. We thrive because we recognize our diversity as a strength, and [...]

The Oracles of Goldman Sachs

Published under Economics, United States Nov 30, 2008

I have always admired Goldman Sachs as the smartest of the smart, as "the" Investment Banking firm.  When I haven’t gotten a chance to catch up with emails and reports, and I go back and notice "forecasts" and predictions from columnists or analysts, I love taking a look at how accurate they were. From a [...]

Nazila Fathi reported in the New York Times that Iran recently executed a man it claimed was a "spy" and has arrested another one also for "spying."  This second man, Hossein Derakhshan, is among the most famous Persian bloggers.  Hossein is jailed & threatened with the same fate of execution by the Iranian government. His [...]

Years ago, terrorist attacks by pseudo-Islamic terrorists were not aggressively condemned by Muslim leaders.  Their position was, "why should we have to take a stance on this? We didn’t do it and do not need to go out of our way to deny such vicious acts."  Plus significant portions of the Muslim population did not [...]

Michael Lewis (from "Liar’s Poker") wrote a piece in Portfolio Magazine that is a must reading (this earlier piece is also very good).  It is at once nauseating, chilling, and fascinating to see how our financial system is a house of cards. A couple years ago I got into a passionate debate with friends from [...]

Read the entire article pasted below or in this link about Hezbollah’s Boy Scouts – to appreciate the challenge before society: the institutionalized hatred and seriousness of the threat posed by Hezbollah, its backers, and other movements with such nihilistic visions.  It is chilling.  We have no alternative but to counteract this in a smart [...]

After all of Sean Hannity’s admonitions about how an Obama Administration would cave into the Iranian regime, guess who is scared of Obama?! The Iranian "revolutionary" leaders – who apparently recognize that Obama’s nuanced approach and integrationist vision is a threat to their divisive vision. Facing Obama, Iran Suddenly Hedges on Talks By Thomas Erdbrink [...]

CNN had a very touching story about Michelle Obama’s Mom, Mary Robinson.  She may come live in the White House to take care of Barack and Michelle’s young daughters, Sasha and Malia.  It’s heart-warming.  The American family structure tends to be two-generational, unlike the three-generational structures commonly found in Latin America, Eastern Europe, and the [...]