Day June 2, 2008

We were lied to?

James Kunstler on the Iraq War and Peak Oil. For my money, the “we were lied to” chorus only represents the obdurately self-righteous cluelessness in every band of the American political spectrum. We lied to ourselves. We continue to lie…

Bill Gross: Inflation is higher than reported in US

In his monthly column for June,  and the above CNBC interview, Bill Gross strongly implies the inflation numbers released by the US government are unrealistically low (and deliberately so, no doubt), while the higher numbers reported by other countries are…

Concession speech coming?

NPR just reported that Hillary Clinton will be giving a major speech Tuesday night in New York and quoted Obama as saying she’s run a superb campaign and he and she will be working together in November.