Well, you have to admit one thing. The United States Senate certainly has its priorities straight. Early last week the US Senate passed “S.743, the Marketplace Fairness Act“ (sic!!). This bill requires US-based online… Read More
Are the rich Chinese the better Harley Davidson fans? Nothing says America quite like Harley Davidson motorcycles, but the brand has built a following all over the world, including in China. Reuters photographer… Read More
Japan at War. by Bruce Krasting – My Take on Financial Events. My daughter called last night, she’s made her reservations for a honeymoon in Japan. Six months ago she was leaning on… Read More
America’s Economic Depression In 5 Charts This is not what economic recovery looks like. This is, however, what an economic depression looks like: First, the American workforce is far smaller than it was… Read More
Obama Walks the High Wire, Eyes Closed When It Comes to Israel, Palestine, and Iran, It Could All Come Crashing Down. By Ira Chernus Barack Obama came to Israel and Palestine, saw what he wanted… Read More
Ten years ago, in mid March 2003, Americans woke up to learn that the United States had invaded Iraq. A quick look back. The Iraq Liberation Act of 1998, a United States Congressional statement of policy called for… Read More
For just $5 a day. As night falls thousands of weary workers stream from textile factories that fan out across Phnom Penh‘s outskirts. The clothing industry’s desire for cheap labor having created an… Read More
The US Office of Management and Budget (OMB) has come out with a detailed breakdown of the spending cuts associated with the sequester (LINK). This document runs 83 pages. Those who believe that government… Read More
Cambodia imported 79,217 tons of second-hand garments worth US$ 61.5 million during the first eleven months of 2012. The import of second-hand apparel was nearly 10 times the amount of new clothing imported into… Read More
Camouflaged Ships: An Illustrated History of mainly US vessels. The recent deployment of USS Freedom (LCS 1) will revive a tradition of camouflaging warships. Outside of smaller patrol boats, the U.S. largely abandoned elaborate color schemes and… Read More
