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The US budget deficit will swell to a record $1,186bn in fiscal 2009 as the global recession saps the economy, congressional forecasters said, presenting a daunting challenge to President-elect Barack Obama
Ken Rogoff says the pessimists are probably going to far when they say the economy is headed for "a second worldwide Great Depression": Has America Lost Its Mojo?, by Kenneth Rogoff, Project Syndicate: You know that American self-confidence is shaken when even the President starts expressing fear that the financial crisis may turn out worse than the Great Depression... Professional ...
On this date in history: 1937 - Birth of Dame Shirley Bassey, a Welsh singer....
Putin's recent involvement in the gas crisis, to announce a complete interruption of all gas...
Bernard Madoff sent diamond Cartier and Tiffany watches, a diamond bracelet and brooches, and other assorted jewellery to relatives and others in an apparent violation of a court order and should be jailed, US prosecutors said
Most of the current discussion regarding the Obama Economic Plan focuses on whether the fiscal stimulus should be somewhat larger or smaller ($650-800bn seems the current range) and the composition between spending and tax cuts. President Obama stressed on Tuesday that trillion dollar deficits are here to stay for several years, and it looks like part of the arguing in ...
As an expert on the risks associated with the land application of America's sewage sludge, I was impressed with Rose's Biosolids chapter. I wish the chapter had been longer and had emphasized how federal and state regulatory agencies work with those corporations that profit from sludge spreading to deceive legislators, the media, farmers, and the public on the short- and ...
Good afternoon. Thanks to Carl and Fred for their posts. I agree with both of you. Fred's right that my intro telescoped human attitudes to their shit (I'll address the issue of why I don't like to say "waste" shortly) into the last two centuries or so. I should have been more specific. The rise of the unmentionability of excrement ...
It starts with what we replace plant nutrients with in agriculture! Instead of using chemical fertilizers that only effectively replaces the main building blocks of organic matter -- N,P and K -- human and animal fertilizer replaces the whole spectrum of nutrients including the micro-nutrients that give plants taste, good nutrition and resistance to disease. By doing so we would ...
First of all, I'd like to say what an honor it is to be included among this august group. I have worked hard all my life to be considered an expert on human waste, so consider my participation in this TPM Cafe a culmination of sorts . . . Second of all, loved Rose's intro a lot, but she's downplaying ...
Like everybody else, I think John Stewart is terrific. I also think he is brave. But I did not think he was this brave. I know there are those who will say "what's brave about it. He's rich and famous. What can Israel's right-wing friends in America do to him?" Who knows? We'll see. I'm pretty much of a nobody ...
Mind the gap 1. The new CBO budget and economic outlook is out. Above is its forecast for the GDP gap - the hole stimulus has to fill. I'd guess that the CBO estimate, which has unemployment averaging 8.3 percent in 2009 and 9 percent in 2010, is actually too optimistic (see 3, below), but even [...]
Good afternoon. Thanks to Carl and Fred for their posts. I agree with both of you. Fred's right that my intro telescoped human attitudes to their shit (I'll address the issue of why I don't like to say "waste" shortly) into the last two centuries or so. I should have been more specific. The rise of the unmentionability of excrement ...
Intel, the US microchip maker, surprised Wall Street by announcing it would miss its fourth quarter forecasts and that revenue was down by 23% on the year
The gloom surrounding the media sector deepened further when Time Warner slashed its forecasts for 2008 profits and took a $25bn writedown on the value of its empire of old media properties, such as Time Inc magazines, and new media brands, including AOL
As an expert on the risks associated with the land application of America's sewage sludge, I was impressed with Rose's Biosolids chapter. I wish the chapter had been longer and had emphasized how federal and state regulatory agencies work with those corporations that profit from sludge spreading to deceive legislators, the media, farmers, and the public on the short- and ...
Time for a little general advice (if only to avoid writing the same inadequate e-mails over and over again). Several aspiring graduate students have written me about becoming an impact evaluator. 'What degree to get and where?' is the most common question. I think the best advice is: don't get a PhD to do evaluations. The randomized evaluation is just ...
It starts with what we replace plant nutrients with in agriculture! Instead of using chemical fertilizers that only effectively replaces the main building blocks of organic matter -- N,P and K -- human and animal fertilizer replaces the whole spectrum of nutrients including the micro-nutrients that give plants taste, good nutrition and resistance to disease. By doing so we would ...
First of all, I'd like to say what an honor it is to be included among this august group. I have worked hard all my life to be considered an expert on human waste, so consider my participation in this TPM Cafe a culmination of sorts . . . Second of all, loved Rose's intro a lot, but she's downplaying ...