At least one body of the US Govt is paying attention… ===== A big story of President Obama’s second term is how federal courts are overturning executive abuses. But sometimes the prosecution is so outrageous, and the legal smackdown so sublime, that the episode deserves special recognition. Such is the case with last week’s hilariously caustic rebuke of the Equal Employment Opportunity Commission... Read more
Archive for the ‘American Thought’ Category
“..persons with no particular expertise..”
April 18 | Posted by mrossol | American Thought, Obama, Politically correctHigh-Frequency Hyperbole
April 2 | Posted by mrossol | American Thought, EconomicsSecond article. Some good stuff. ========== A few nights ago, CBS’s “60 Minutes” provided a forum for author Michael Lewis to announce that Wall Street is “rigged” and for the sponsors of a new trading venue called IEX to promise to unrig it. The focus of the TV segment was high-frequency trading, or HFT, an innovation now over 20 years old. The stock... Read more
Book Review: ‘Flash Boys’ by Michael Lewis – WSJ.com
April 2 | Posted by mrossol | American Thought, EconomicsTwo articles. This first one is the book review ‘against’ High Speed Trading. The second will provide perspective. ======== In the spring of 2007, Brad Katsuyama, a rising New York banker at the Royal Bank of Canada, RY.T +0.01% realized something was funny with the markets. He was trying to buy 10,000 shares of Intel, INTC -0.38% offered at... Read more
The Dissing of the President
April 2 | Posted by mrossol | American Thought, ObamaMr Stephens only provides a small number of examples… ===== I’ve never liked the word diss—not as a verb, much less as a noun. But watching the Obama administration get the diss treatment the world over, week-in, week-out, I’m beginning to see its uses. Diss: On Sunday, Bloomberg reported that Hasan Rouhani named Hamid Aboutalebi to serve as the ambassador to the United... Read more
Jeremiah Denton – Remember him?
April 2 | Posted by mrossol | American Thought, Losing FreedomJeremiah Denton never blinked. He did not blink while leading bombing runs over North Vietnam as commander of a squadron of A-6 Intruders. He did not blink after he was shot down and taken prisoner on July 18, 1965, three days after his 41st birthday. And he did not blink when, 10 months later, he was hauled before a Japanese film crew... Read more