Mad Statists

How Do You Like Your Central Planners, Bookish or Flamboyant?

"I knew Yellen in grad school and have encountered Summers in person, and I agree fully with these characterizations. But the Economist’s editorialist misses entirely the bizarre, indeed grotesque, context of this discussion. The Fed is the world’s most powerful government economic planning organization and its decisions affect the lives and prosperity of millions, if not billions. All this will hinge on the personality of one person? How about a system in which authority is decentralized, power is limited, and nobody cares who calls himself 'Fed Chair'?" Continue reading →

Continue ReadingHow Do You Like Your Central Planners, Bookish or Flamboyant?

The More Attention on The Next Fed Chair, The Better!

"The head of the AFL-CIO and Bette Midler are making Fed Chair endorsements??!! That has to make the establishment's skin crawl! People are talking...and that's not good for The Fed. The more that people talk, the more they will find out...or hopefully want to find out. Senator Barry Goldwater once said 'Most Americans have no real understanding of the operation of the international moneylenders. The bankers want it that way.'" Continue reading →

Continue ReadingThe More Attention on The Next Fed Chair, The Better!

David Galland: Mexico Invades Syria!

"Could the attack trigger a quick and violent sympathetic public uprising in Saudi Arabia, sending the Saud family on the run and oil prices to $200 or more? In terms of consequences of a less violent nature, what if the Russians and the Chinese, the latter being Syria's largest trading partner, decided to protest by dumping some of the massive amount of US dollars they hold? I could go on, but won't. Instead, I'll leave off by saying that, given the risks vs. the rewards of yet another Western attack on the Middle East, I personally couldn't be more opposed to it. Hopefully there are enough people in what's left of the degraded Western democracies who feel the same way." Continue reading →

Continue ReadingDavid Galland: Mexico Invades Syria!

Oppose War with Syria

"The war-making power belongs solely to Congress. It cannot be delegated to the Executive Branch, in any blanket way, through any kind of war powers act. If you fail to restrain the President, then you will be complicit in the President’s crimes. His planned actions violate the Constitution. They also break other written laws. This makes them inherently criminal. The President is trying to fix something that cannot be solved by outsiders dropping bombs. This will not protect innocent people. It will kill innocents. Their blood will be on the President’s hands, and on your hands, unless you use your powers to resist. I am doing what I can to resist. I do not want these criminal acts committed in my name." Continue reading →

Continue ReadingOppose War with Syria

Spain fights to lose status as drug gateway to Europe

"The make-up of drug rings sending cocaine to Spain has changed as well. The Colombian groups which dominated the trade in the 1980s have given way bit by bit to Mexican cartels. Drug traffickers’ interest in Europe has increased because demand from the continent for cocaine is growing. Over the past decade the number of cocaine consumers in Europe has doubled while demand for the drug has plunged by 33 percent in the United States. In response European nations have reinforced regional cooperation as well as their cooperation with police forces in Latin America to stop the flow of cocaine. Hiding cocaine in banana shipments remains one of the favourite tactics used by traffickers." Continue reading →

Continue ReadingSpain fights to lose status as drug gateway to Europe

Peru dethrones Colombia as cocaine king

"With Peru already vying with Colombia in 2011 — it actually was growing 400 hectares of coca more than its neighbor then, although it is thought to have produced less drugs — that means this country is now almost certainly the world’s top source of coca for the manufacture of illegal narcotics. Ricardo Soberon, now a trenchant critic of the government’s counter-narcotics policies, is not holding his breath. 'These figures are a clear indication the government is making incorrect decisions,' said Soberon, who was squeezed out of his job, apparently under pressure from Washington, in 2011, for allegedly being sympathetic to the impoverished, small farmers who grow most of Peru’s coca." Continue reading →

Continue ReadingPeru dethrones Colombia as cocaine king

U.S. military officers have deep doubts about impact, wisdom of Syria strike

"Having assumed for months that the United States was unlikely to intervene militarily in Syria, the Defense Department has been thrust onto a war footing that has made many in the armed services uneasy, according to interviews with more than a dozen military officers ranging from captains to a four-star general. Former and current officers, many with the painful lessons of Iraq and Afghanistan on their minds, said the main reservations concern the potential unintended consequences of launching cruise missiles against Syria. Some questioned the use of military force as a punitive measure and suggested that the White House lacks a coherent strategy." Continue reading →

Continue ReadingU.S. military officers have deep doubts about impact, wisdom of Syria strike

U.S. military officers have deep doubts about impact, wisdom of Syria strike

"Having assumed for months that the United States was unlikely to intervene militarily in Syria, the Defense Department has been thrust onto a war footing that has made many in the armed services uneasy, according to interviews with more than a dozen military officers ranging from captains to a four-star general. Former and current officers, many with the painful lessons of Iraq and Afghanistan on their minds, said the main reservations concern the potential unintended consequences of launching cruise missiles against Syria. Some questioned the use of military force as a punitive measure and suggested that the White House lacks a coherent strategy." Continue reading →

Continue ReadingU.S. military officers have deep doubts about impact, wisdom of Syria strike

U.S. military officers have deep doubts about impact, wisdom of Syria strike

"Having assumed for months that the United States was unlikely to intervene militarily in Syria, the Defense Department has been thrust onto a war footing that has made many in the armed services uneasy, according to interviews with more than a dozen military officers ranging from captains to a four-star general. Former and current officers, many with the painful lessons of Iraq and Afghanistan on their minds, said the main reservations concern the potential unintended consequences of launching cruise missiles against Syria. Some questioned the use of military force as a punitive measure and suggested that the White House lacks a coherent strategy." Continue reading →

Continue ReadingU.S. military officers have deep doubts about impact, wisdom of Syria strike

U.S. military officers have deep doubts about impact, wisdom of Syria strike

"Having assumed for months that the United States was unlikely to intervene militarily in Syria, the Defense Department has been thrust onto a war footing that has made many in the armed services uneasy, according to interviews with more than a dozen military officers ranging from captains to a four-star general. Former and current officers, many with the painful lessons of Iraq and Afghanistan on their minds, said the main reservations concern the potential unintended consequences of launching cruise missiles against Syria. Some questioned the use of military force as a punitive measure and suggested that the White House lacks a coherent strategy." Continue reading →

Continue ReadingU.S. military officers have deep doubts about impact, wisdom of Syria strike