Month: January 2012

Need to better understand what curbs crime

From the PHILADELPHIA DAILY NEWS Editorial: …We have bemoaned before the high cost of incarcertion in this country. A new look at the issue, in a recent New Yorker magazine, suggests that incarceration rates (and costs) continue to rise: “Mass incarceration on a scale almost unexampled in human history is a fundamental fact of our […]

Syrian army in offensive near Damascus

From AL JAZEERA: …Activists inside Damascus told Al Jazeera’s Anita McNaught that tanks had rolled into Al-Ghouta, within 10km of Damascus city centre… Al-Ghouta is historically known for being a hub of dissent against the government of Syrian president Bashar al-Assad, and the crackdown appeared to be an attempt “to avoid any Tahrir Square-style mass movements”, she said… Russia has strongly […]

Low interest rate plus inflation will restore world prosperity

The Liquidation of Government Debt Carmen M. Reinhart and M. Belen Sbrancia Historically, periods of high indebtedness have been associated with a rising incidence of default or restructuring of public and private debts. A subtle type of debt restructuring takes the form of “financial repression.” Financial repression includes directed lending to government by captive domestic […]

Public schools facing crisis

PHILADELPHIA INQUIRER Editorial:  His fans are calling Gov. Corbett courageous for ignoring impassioned pleas to drop his pledge not to raise taxes. .. Corbett’s first budget slashed $860 million in public-school funding. Schools are now suffering tremendously as a result. Yet the governor adheres to his no-tax pledge, including a refusal to even consider a […]

Pentagon Seeks Mightier Bomb vs. Iran

From the WALL STREET JOURNAL: …The 30,000-pound “bunker-buster” bomb, known as the Massive Ordnance Penetrator, was specifically designed to take out the hardened fortifications built by Iran and North Korea to cloak their nuclear programs. But initial tests indicated that the bomb, as currently configured, wouldn’t be capable of destroying some of Iran’s facilities, either […]

SUNDAY NEWS

In a column “Wild, wild Internet days”, and after a lengthily explanation of newspaper publication deadlines, Editor Marv Adams writes: “I awakened Sunday morning, recovered from Saturday night’s adrenaline rush, to have it dawn on me — the editorial! In the light of day, I was hit hard with regret. The editorial page had been […]

SUNDAY NEWS

In a column titled “Chicken or broken egg”, Associate Editor Gil Smart writes: 1) “According to the Bureau of Labor Statistics, the mean hourly wage for farm workers who, among other things, “attend to animals produced for animal products, such as meat, fur, skins, feathers, eggs, milk and honey,” is $11.56 an hour. Assuming a 40-hour work week, […]

INTELLIGENCER JOURNAL NEW ERA

A letter to the editor entitled “Paterno’slegacy grows in scandal’s wake” by  Ms Becky Toews opens: “In the months since the Penn State scandal broke, my estimation of Joe Paterno has changed. It’s gone from ‘admirable’ to  ‘heroic.’” … WATCHDOG:  Ms Toews memorably captures what may be  Paterno’s greatest achievement:  His refrain from lashing back […]