Month November 2007

Tulip mania

The price of Google stock hit $707 yesterday. This is irrational. While one analyst predicted it will hit $985 next year, I say $100 will be closer to the actual number. A small number of tech stocks have been performing…

The more things change…

The Department of Defense is taking control of Iraq security from the State Department. However, the Department of Defense entity that oversees outsourced security is, you got it, outsourced itself.  To Aegis, which “is run by the infamous old-school gun-for-hire,…

Respect / SWP. The bigger issues

There’s an interesting discussion on Marxmail on the Respect / SWP donnybrook, discussing how the party-building doctrine of a Marxist vanguard sometimes means they use mass organizations as recruiting and propaganda tools rather than as a way to work with…

Peak coal comes to Appalachia

The coal there was supposed to last for many more years. But that looks doubtful now. Appalachian coal is the highest quality too. It’s the same story as oil, all the easy stuff has already been gotten out of the…