Markets, Mobs and Social Mayhem

Reb highlighted the following article this morning and history would suggest that the potential for the type of fallout that  goes far beyond the financial and economic realms:
Waleed Aly, a lecturer in politics at Monash University writes:
The most lasting fallout of the global financial crisis is unlikely to be economic. This is the nature of [...]

Obama’s lead beyond the Bradley effect

A couple of US election sites which are worth a visit:
A hard look at reality, and what you should do is from Sam Wang at the Princeton Election Consortium:
By the standards of Presidential elections since 1992, Barack Obama is far ahead. For most of this season he has been running about 50 EV ahead of [...]

THE BIG LIE EXPOSED: Big banks ignored sub-prime troubles

This is such an important development, despite the fact that many of us being well aware of the major personal debt issues we face, I just had to post it without delay.  Why?  The old line ‘ our banks are fundamentally sound’ has once and for all been expose for what it is.  A LIE.
Sean [...]

Climate of niceness change

It seems that Turnbull is beginning to try and make a deliberate break from the Howard past. In a interview with the Courier-Mail he has said “What the former government failed to recognise was that Kyoto had become a sacramental issue. It had become a very symbolic issue”.
But I thought that policy by symbols was [...]