Coffee & Markets Number 800: Does Austerity Work?
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the controversy around a leading economic theory about debt and GDP, yesterday’s Twitter inspired flash crash of the markets and we thank our listeners as we reach show number 800.
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Energy Week in Review
Headlines and commentary for the week ending March 15, 2013.
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All Eyes on Japan Ahead of Key Bank Decision
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss recent problem’s with Boeing’s 787 Dreamliner, and what a coming decision by the Bank of Japan may mean for its people and the global economy.
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The Falklands of Asia
It was 1982, Leopoldo Galtieri was doing a horrendous job of running Argentina and hungry, disappointed people had begun to complain about it. Galtieri decided to initiate a war with Great Britain over the Falkland Islands to Rodeo-Clown the attention of the Argentinean public away from his own inability to govern. Onwar.com describes Galtieri’s motivations for adding to the sum total of human misery below.
In early 1982 the Argentine military junta led by Lieutenant General Leopoldo Galtieri gave up on long-running negotiations with Britain and instead launched an invasion of the islands. The decision to invade was chiefly political: the junta, which was being criticized for economic mismanagement and human rights abuses, believed that the “recovery” of the islands would unite Argentines behind the government in a patriotic fervour.
The plan, and Argentinean public opinion, both blew up in Galtieri’s face. He lost his war, was driven from power, and is remembered more for his appearance in the lyrics of an obscure Pink Floyd Song than for his impact on human history. However, that hasn’t stopped others from following in his benighted footsteps. As Redstate Front Page Contributor, Jeff Emanuel recently wrote, China and Japan are close to initiating violent unpleasantness over a bunch of Islands in the East China Sea.
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While the Middle East Burns, Border Tensions Grow Between China and Japan
The Obama administration’s Middle Eastern policies have already run into a hard reality check this week. Next, the president’s ability to deal with two Far East powers could be about to receive a life-or-death test.
China and Japan have a longstanding territorial dispute over a small chain of islands known as Senkaku (in Japanese) and Diaoyu (in Chinese). That feud was ratcheted up several notches this week, when the Japanese government decided to purchase the islands from their (Japanese) private owner. China responded by accusing Japan of theft and sending two patrol ships toward the islands.
On Wednesday, the Chinese government laid out “territorial baselines” that is says demonstrate that the Senkaku/Diaoyu Islands lie within its territorial waters. Around 8pm EDT Thursday (Friday morning local time), six Chinese vessels disobeyed the Japanese Coast Guard’s orders and entered the waters surrounding the islands (a rollout of media reports was timed to coincide with the action). The Japanese Prime Minister responded by “ordering [his] Ministers to take appropriate actions” in response to the violation. | Read more >>
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Big Labor Holding Back Trade Pact
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Scott Lincicome to discuss the Trans-Pacific Partnership, how the auto industry is snubbing Japan, and what a Mitt Romney presidency would mean for our international trade policy. We’re brought to you as always by Stephen Clouse and Associates. If you’d like to email | Read More »
Tech at Night: Is ACTA a problem, and the return of Internet Kill Switch lite?
There’s a lot of fear going around about ACTA, the Anti-Counterfeiting Trade Agreement, a plurilateral agreement under the WTO between the US, the EU, Canada, Australia, New Zealand, Singapore, Japan, South Korea, and Morocco. Some of the fears look real, some don’t. For example, even though it was negotiated in secret, the text is easily available. Another false complaint is that it’s another SOPA, when | Read More »
, Carrier IQ
, Chuck Grassley
, Edward Markey
, European Union
, Internet Kill Switch
, kay bailey hutchison
, Lisa Murkowski
, Mary Bono Mack
, New Zealand
, Saxby Chambliss
, South Korea
The Real Costs of Inflation
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to Japan and the real costs of inflation for the average American family. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you | Read More »
White House: We don’t know nothing about nothing.
This exchange between Jake Tapper, ABC Senior White House Correspondent, and Jay Carney, White House Press Secretary is, bluntly, bizarre. For context: Jake is asking Carney about, naturally enough, the situation with the nuclear reactor problem in Japan. Specifically, the most recent details about the nuclear reactor problem, given that both the Nuclear Regulatory Commission (NRC) and the Japanese government are both keeping mum on | Read More »
Pray For The Japanese As The Abyss Looms Before Them
It was Sunday, just after the earthquake had leveled much of Northern Japan. I was scanning my hotmail account with more than the usual curiosity. A close personal friend of mine (a former girlfriend to be more honest) still lives in Tokyo, and I had written to see if she were OK. Things turned out as well for her as could possibly be hoped. She, | Read More »
The End of Don Berwick
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss today’s crashing market, then Ben discusses Don Berwick’s probable exit at CMS, and finally Pejman Yousefzadeh discusses the nuclear disaster in Japan. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to | Read More »
Is it Time to Lower the Minimum Wage?
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Japan, iPad2 sales, and the minimum wage. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show. Related | Read More »
Tech at Night: Net Neutrality, Search Neutrality, Consumer Reports push polling, Internet Tax
As I began work on tonight’s late Tech at Night, reports came out of an explosion at a nuclear power plant in Fukushima prefecture, Japan. As Japan continues to deal with an unimaginably strong earthquake and then a devastating tsunami caused by that quake, I hope nobody takes those special circumstances and tries to argue against clean, effective power generation technology in the general case. | Read More »
, Barack Obama
, Commerce Department
, Consumer Reports
, Darrell Issa
, Federal Spectrum Relocation
, Free Press
, Gigi Sohn
, Internet Tax
, joe barton
, Julius Genachowski
, Mark Warner
, Marsha Blackburn
, Mike Lee
, Net Neutrality
, Olympia Snowe
, Roger Wicker
, Ron Wyden
, Search Neutrality
, tea party