Day August 14, 2008

Gwatney, Johnson, and the keys

Police say they had no information about any relationship between Timothy Dale Johnson and Arkansas Democratic Party chair Bill Gwatney who he murdered. Yet they found two sets of keys with Gwatney’s automobile dealership emblems in Johnson’s house. So Johnson…

Public pension funds want more risk

Rather than simply absorb losses from trading in the currently tricky, highly volatile market, public pension funds are asking regulators to allow them to invest in “alternative” more speculative ways. This sounds more than a bit like a gambler in…

Dangerous escalation by the US

The Americans are threatening to have Russia expelled from the WTO and G8. But this may be a serious overestimation of the American’s own influence over these bodies. What the Americans seem unable to detect is that the wind is…