1,000,000,000 = 1 billion Euros ($110 billion in U.S. dollars) per day. That’s what Europe sends to Russia in cash every single day. At that rate Russia can finance a war for a very long time. At that rate, Russia can commit unlimited atrocities. And, even though some are afraid to call what Russia is […]
Russia’s invasion of Ukraine has captivated, as well it should, our general news coverage, our hearts, our minds, and our ability to clearly see the greater peril which is momentarily being obscured by the war. That is understandable on many levels when we see our fellow human beings, average Ukrainian civilians, targeted as victims of […]
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The first battle of the Greco-Persian wars occurred in 490 B.C. in the town of Marathon, Greece. With Persians attacking cities all along the Greek mainland, and as Athenians braced for their own attack, Athenian General Miltiades took command of a civilian army and marched to Marathon to meet the Persian army. Using superior battle […]
Here they go again! It never ceases to amaze how far Pacific Gas and Electric (PG&E), a “public utility,” will go in harming the public interest. Their latest ploy is an attempt to surreptitiously resurrect the nearly 40-year-old Diablo Canyon nuclear plant, which is scheduled to close by 2025. They want to bring it back […]
In the political swamp that has ensnared our democratic republic a glimmer of something we haven’t seen for almost six years is on the horizon: the emergence of a fissure in the Republican party, which has lately been in the grips of Mr. Trump’s remarkably single-handed control as it morphed into the Cult of Trump. […]
A major battle broke out between a bunch of Irish fishermen from County Cork Ireland, and the pride of the Russian navy. You may have missed the news story, so it is worth spending some time looking at what happened, why, and what lessons we can take away from the exchange. The story begins with […]
Last week this column skewered the plaintive cry of the character Gordon Gekko in the film Wall Street when he propounded that “Greed is good.” In doing so we wrapped up the article by quoting one of the most famous and powerful of all capitalists, Chairman and CEO Larry Fink of BlackRock. The firm Fink […]
Many people familiar with economic history are familiar with the huge influence that Milton Friedman commanded in our recent economic past. Friedman, an economist and statistician, had an outsized impact on nations around the world through his work heading up the “Chicago School” (referring to the University of Chicago where he taught and led a […]
This is one very difficult column to write. It is the end of the year, a time typically filled with Holiday cheer — whether Christmas, Hanukkah, Kwanzaa, or just Santa Claus and family. We pause to celebrate the happiness of the season, complete with the exchange of gifts, and to bask in the warm embrace […]
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Almost every parent of a K-12 school age child is really concerned about the incessant school shootings that plague our nation. These have been escalating in violence and complexity over the 23 years since the Columbine massacre in 1999, and it is past time for a national conversation on gun violence and young people. If […]
Have you heard all the news stories lately about “the Great Resignation” (or as some podcasters are calling it, the “Take this job and shove it” moment)? Tune into CBS, NBC, ABC, CNN, MSNBC, or pick up a copy of the Economist, The Wall Street Journal, The New York Times, Washington Post, or even your […]
Inflation is on everyone’s mind these days. Currently running at 6.2% (4.6% if you strip out food and energy), inflation is at its highest rate in many decades — since 1990 to be precise. And, although that number is unacceptably high, a historical lens can put things into perspective. From the early 1970s to the […]
The trial of Kyle Rittenhouse has galvanized the country, splitting already “warring factions” into something far more dramatic. The travesty of that trial began with the systematic exclusion of Black jurors and was further amplified by a clearly biased and incompetent judge: he openly fought with the prosecution in front of the jury, denied them […]
Robert Muller, the deceased Santa Barbara resident and globally known United Nations official who many of us admired, famously observed: “Use every letter you write, Every conversation you have, Every meeting you attend,To express your fundamental beliefs and dreams…”. I was reminded of this wisdom as I pored over the numerous letters we received from our last […]
