Monday, October 29, 2007
Sunday, October 28, 2007
Omar Torrijos, leader of Panama, in 1978
In 1981, he died unfortunately in a plane explosion.
The talked-about sea-level canal never developed.
Tuesday, October 23, 2007
Sunday, October 21, 2007
Monday, October 15, 2007
Saturday, October 13, 2007
Five million dinar (currency)
Excuse me, that cookie is 8 million dinars and you only gave me 5.
Hyper-inflation: coming to a country near you.
Wednesday, October 10, 2007
State of the Union
"The Yank and the Brit could not be less prepared or more poorly positioned. They already live beyond their means. They can expect no wage gains. Their costs are rising. And with three billion Asians hard on their heels, they can’t expect a breather – prices will continue to rise; wages will not. What’s worse, the street value of their most cherished asset – their houses – is going down."
The Oil Drum
Sunday, October 07, 2007
Saturday, October 06, 2007
Thursday, October 04, 2007
Oil Corrupts
The day that the Burmese military shot into the unarmed rally was also the day that the Indian Oil Minister was in Rangoon, signing oil and gas contracts with the military junta.
Pakistan Daily Times
Wednesday, October 03, 2007
Tuesday, October 02, 2007
Monday, October 01, 2007
The Learning Curve
"You have to ask yourself what interest we had 40 years ago for going to war in Vietnam. You’d think that in this country with so many smart people, that we can’t possibly do the same dumb thing again. I have this theory in life that there is no learning. There is no learning curve. Everything is tabula rasa. Everybody has to discover things for themselves."
Seymour Hersh, in an article about the break-up of Iraq.
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“That men do not learn very much from the lessons of history is the most important of all the lessons that history has to teach.” Aldous Huxley
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