The GOP's Misplaced Rage. Leading conservative economist Bruce Bartlett writes that the Obama-hating town-hall mobs have it wrong—the person they should be angry with left the White House seven months ago.
Where is the evidence that everything would be better if Republicans were in charge? Does anyone believe the economy would be growing faster or that unemployment would be lower today if John McCain had won the election? I know of no economist who holds that view. Foreign Policy: Seven Questions: Bernard Lewis on the Two Biggest Myths About Islam. Where are they now: TheGlobe.com | The Industry Standard. TheGlobe.com. TheGlobe.com was an internet startup founded in 1994 by Cornell students Stephan Paternot and Todd Krizelman.
A social networking service, theGlobe.com made headlines by going public on November 13, 1998 and posting the largest first day gain of any IPO in history up to that date. Part of the dot-com bubble, the company's stock price collapsed the next year, and the company retrenched for several years before ceasing operations in 2008. History Early success Ten Notes on Crude Oil: The Fixation. In different economic eras, different things attract the attention of the media, investors, politicians, etc.
Today a leading attention grabber would be crude oil, and the energy complex. It is a honeypot for conspiracy theorists and unscrupulous politicians (not quite an oxymoron). 1) Fuel is subsidized across much of the world, particularly in countries where there is a large state owned oil company. Current high prices are making it difficult to maintain those subsidies, so countries like Egypt and Indonesia are reducing subsidies. Yet subsidies are not being eliminated everywhere yet.