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Suit alleges SEC wouldn't pursue Madoff-like probes
Buyer beware seems the only sheriff. The SEC, which deceives investors worldwide, should be dissolved. The FBI should handle these cases, or State government. Reform will occur after a crash, 2008 wasn't enough apparently.— May 19, 2013 10:21 a.m.
San Diego has cleanest air in six decades
Anyone who lived in San Diego 50 years ago doesn't need a report to know our air has improved. We should thank the engineers who fixed our autos, the auto companies who spent the billions for the redesign, the politicians who mandated the changes and our citizens for all those smog mandated repairs and tests. And the improvement isn't limited to smog, atmospheric lead is down thanks to lead free gas, and lead is linked to brain damage. We complainers might complain mostly because it feels good, but we should remember that complaint is a step to reform, and real improvement is possible if we get together. California should be proud for leading the world in attacking these problems.— May 19, 2013 10:05 a.m.
Papa Doug cut a rug at 70th birthday bash
Oh it must be true, I read it on the internet. I'm so glad our modern day Goebbels wannabes don't have his talent, or the brutal conditions that made fanaticism rule a modern nation. Mr. Manchester might be a formidable propagandist if he hired people who could write, or politicians who can lead. I hope this video foretells a new identity for him, not merely party animal, but party elephant. He has real talent. And money.— May 15, 2013 3:45 p.m.
Papa Doug cut a rug at 70th birthday bash
Glad to see musicians working. That band looks familiar, but I can't place them. Throwing big parties makes up for a lot. Put 'bikini' in a headline and it certainly improves circulation, My circulation anyway.— May 14, 2013 10:43 p.m.
Economist regrets remarks about Keynes's sex life
We can do more to stimulate employment, but I doubt we will, due to politics. Nations that hoard money, such as China and Germany, could help and if they wake up, could finally give a shot to the World Economy; The low wages in these exporting countries are a major problem, because they keep wages low everywhere. If these countries would practice balanced trade, that could fix many problems.— May 12, 2013 7:22 p.m.
Economist regrets remarks about Keynes's sex life
Long term deficits concern all economists, deficits mean more money, and more money means inflation when inventories are gone, but so long as product rots on the shelf prices won't rise, so we shouldn't worry about deficits now. We should be concerned about foolish spending always, and deficit hawks do good work when they find waste. Foolish lending now is more the problem. Lending, like government spending, changes our country's direction, and we have been led into disaster by foolish lending, as has been well documented here. I disagree that there are few further remedies. Restoring Glass Steagle, loaning directly to students and others are fixes on the monetarist side. For the Keynesians, the year 1943, the best year ever for US employment, has a grab bag of tools no one is suggesting now, such as forced government hiring of ten million, and price controls. Many now suggest world war of course.— May 11, 2013 3:52 p.m.
Economist regrets remarks about Keynes's sex life
The problem with every economic theory is that conditions change, and yesterday's medicine turns into today's addiction. Right now the problem is a collapse in demand, and there is consensus in our politics that Keynesian stimulus will be provided short term. The debate is where that stimulus should be applied, which taxes should be cut, which spending will be increased. May I suggest that Mr. Ferguson's irrelevant blather might be caused directly by his professional sex life, that of brown nosing the rich. No one now proposes a balanced budget. Keynes wins again, because demand collapsed again.— May 9, 2013 11:30 p.m.
PG&E could get stiffest fine ever for San Bruno blast negligence
Someone should be frog hopping in an orange jumpsuit. If blowing up a suburb isn't a crime, we need to pass a law. Strange how a couple of angry punks frighten a nation, when the greedy rich can set off a kiloton blast and it doesn't even bankrupt the company. Killing people to save a dollar should put a firm out of business, and everyone responsible in prison.— May 6, 2013 11:47 p.m.
Tech grads: job search will worsen dramatically if immigration bill passes
When convenient, supply and demand arguments are ignored. Americans won't do the job at the current wages, but all these jobs were done by Americans once. They pay less now.— April 20, 2013 4:01 p.m.
Tech grads: job search will worsen dramatically if immigration bill passes
Employers cause the current immigration mess, giving them a place at the negotiating table truly rewards criminality, unlike amnesty, which shows mercy to people fleeing the gangsters running their home nations, immigrants who are not criminal, but are forced into illegal acts by hard conditions. First and foremost we must fight for the basic principle of equal protection under law, because of unbreakable economic laws of supply and demand, the workplace demonstrates how important this is. The employer sometimes argues that the worker isn't victimized when they freely work under illegal conditions. Fact is, every worker, and the whole economy is harmed when employers conspire to break laws. Foreigners need the protection of every workplace law. The insane border vigilance, if redirected thoughtfully to workplace rules, might end most of our immigration problems without any new laws.— April 20, 2013 12:12 p.m.