Wednesday, February 26, 2014

Guaranteed failure for Leaders who don't get it. It's the economy Stupid !

An Unfinished Ukraine Palace and a Fugitive Leader’s Folly in today's New York Times shows how absolute power corrupted Yanukovych, former strong man of  Ukraine, absolutely. The problem is that corruption is so endemic that only wealthy cronies can afford to be Parliamentarians.  There is no clean free market leader there to guide the country to a prosperous future nor is there in Egypt where  an old Mubarak crony was made premier while Generalisimo Isisi prepares to take complete control.


Thursday, February 13, 2014

Don't Sell Cheap U. S. Coal to Asia

Why not?  As long as the facility is privately funded and local rights to a clean facility are protected then the coal port in Seattle should be built.  Personally I think it's a bad deal for the private companies proposing it.  The prospect for a long term market is dismal.  Sure, today it makes economic sense but tomorrow when China listens to its citizen's demand for clean air it won't be.