Weak Educational System Hobbles Portugal – WSJ.com. “… Just 28% of the Portuguese population between 25 and 64 has completed high school. The figure is 85% in Germany, 91% in the Czech Republic and 89% in the U.S. “I don’t see how it is going to grow without educating its work force,” says Pedro Carneiro, an economist at University College London who left... Read more
Archive for the ‘Socialism’ Category
Mega-Banks and the Next Financial Crisis
March 23 | Posted by mrossol | Economics, SocialismThe Weekend Interview with Paul Singer: Mega-Banks and the Next Financial Crisis – WSJ.com. ===== By JAMES FREEMAN At the height of the housing bubble, hedge-fund manager Paul Singer was shorting subprime mortgages. By the spring of 2007, he was warning regulators on both sides of the Atlantic that the world was facing a major financial crisis. They ignored him. Now the founder of... Read more
Enemies of the People
March 12 | Posted by mrossol | Philosophy, Socialism, The Left“Enemies of the People” follows in the footsteps of many acclaimed studies of Southeast Asia’s dark days of the 1970s, from Francis Ford Coppola’s 1979 film “Apocalypse Now” to the most famous movie about Cambodia, 1984′s “The Killing Fields,” which starred Sam Waterston as a New York Times journalist covering the rise of the Khmer Rouge regime. It’s also in... Read more
Where Are the Shared Sacrifices, Productivity Gains?
March 10 | Posted by mrossol | American Thought, Party Politics, Socialism, The LeftLetters to the Editor: Where Are the Shared Sacrifices, Productivity Gains? – WSJ.com. These letters- save one -are classic. Do read them.
People are Standing in Line for the Privilege to be Regulated!
March 4 | Posted by mrossol | American Thought, Economics, Obama, SocialismStill Too Big, Still Can’t Fail – WSJ.com. … He said what..? === The 2010 Dodd-Frank law was sold as a way to prevent future bank bailouts. But so few people believe it that Sheila Bair, chairman of the Federal Deposit Insurance Corporation, has embarked on a campaign to convince the markets that next time really will be different. On Friday... Read more
Fed Finds Higher Costs Hitting Shoppers
March 3 | Posted by mrossol | Economics, SocialismFed Finds Higher Costs Hitting Shoppers – WSJ.com. Bernanke: “Don’t believe a word of it. You are just imagining things…”


