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Entries from November 27th, 2008

Giving Thanks

November 27th, 2008 by Bill Brown · 1 Comment · Politics

I’ve already written my personal gratitude list elsewhere, so here I’ll outline the political and cultural trends I’m glad about: The defeat of the Republicans: the sound drubbing that Republicans received in the recent election has made true change more possible than ever. While many believe that the American people have moved the center to […]

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The End of Prosperity

November 27th, 2008 by Myrhaf · 4 Comments · Politics

To follow up my last post, here is a paragraph from Andrew Bernstein’s The Capitalist Manifesto: The enormous general prosperity of the capitalist countries — the ability of capitalism to inherit widespread poverty and then proceed to create a vast middle class — does not and will not begin to impress egalitarians. The principle of […]

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The Ones Who Sold Them the Rope

November 27th, 2008 by Bill Brown · 1 Comment · The Horror File

From the cutting-your-own-throat department: In separate actions, the two trade groups, America’s Health Insurance Plans and the Blue Cross and Blue Shield Association, announced their support for guaranteed coverage for people with pre-existing medical conditions, in conjunction with an enforceable mandate for individual coverage. In the absence of such a mandate, insurers said, many people […]

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A Demon We Must Eradicate

November 26th, 2008 by Bill Brown · 2 Comments · Foreign Affairs

Pirates off the coast of Somalia have had a field day this year, successfully capturing 39 vessels including a Saudi supertanker. Navies from around the world are steaming around the Gulf of Aden trying to provide some cover in a joint task force. But so far, the most that has happened is eight pirates picked […]

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The Purpose Of It All

November 24th, 2008 by Myrhaf · 7 Comments · Politics

The spending just keeps piling up. As Gus Van Horn puts it, The Troubled Asset Relief Program, is, at $700 billion, the largest such outlay in history by the Federal government, but it is hardly the full dollar cost of the current financial crisis. Also passed in 2008 were the $30 billion Bear Stearns, the […]

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