No Real Economic Reforms In China The Communist Party needs to control the economy, in order to stay in power WASHINGTON – Former Treasury Secretary Henry Paulson, with all his government and Goldman Sachs private sector expertise, (he was...
Oil Is King, For Now Renewable energy is not yet economically viable. But its day will come WASHINGTON – In an interview with FORTUNE magazine, Chevron CEO John Watson argued that, whatever the oil prices wild...
On-Line Universities Will Soon Replace Traditional Higher Education Why pay $ 50,000 a year when you can get the same product through your computer, at a fraction of the cost? WASHINGTON – We may very well be at the beginning of a fundamental revolution that will transform American...
The Republicans Should Promote a Genuine Opportunity Society Creating a sound macroeconomic environment is not enough. Millions of poor Americans have no access to education and real jobs WASHINGTON – Despite recent electoral victories, US Republicans may be condemned to irrelevance. And this is because of...
Tepid US Jobs Growth Fewer jobs and a soft economy. We are not back to normal WASHINGTON – The weak US jobs report, coupled with downward revisions for the two preceding months, is a reliable, if disturbing, indicator of...
Lee Kuan Yew Built Singapore – Great Deed? This super efficient city-state will soon be empty. Singapore women have the lowest fertility rate in the world WASHINGTON – Lee Kuan Yew, the architect of modern Singapore is dead. He ruled Singapore for 30 years as...
How Big A Threat From Jihadist Organizations? Too much hype coming from the media. There is danger; but it is not that big WASHINGTON – The tricky part of any asymmetric warfare threat –now I am referring to the anti-Western Jihadist organizations...
Fed Induced Wall Street Bubble Keeps Going – For Now Zero interets rates will keep stocks artificially high for longer than we thought. Is this what we call good news? WASHINGTON – Right before the most recent Federal Open Market Committee, (FOMC), meeting, Wall Street was on edge. Would...
China Is Slowing Down – Old Model Not Working Anymore Declining industrial production and a lot of bad debt force public officials to revise growth estimates WASHINGTON – We all know that the Chinese economy is slowing down. But we do not know all the facts....
80% Of All US Children Follow A Bad Diet Because of junk food, millions of American kids are developing heart disease WASHINGTON – The alarming news is that millions of American children now exhibit signs of heart disease normally found...