Food Fuel
Here’s a look at the problem from the Simon Nixon blog in yesterday’s WSJ.
The protests in Egypt, Tunisia and Jordan are all clearly rooted in deep political grievances against brutal dictatorships, but they have their origins in soaring food prices. The chart below from Absolute Strategy Research shows why:
Choosing Sides in Egypt
In 1978 Jimmy Carter supported the overthrow of the Shah. The Ayatollah took charge and things haven’t gone well since. In 2009 President Obama passed on backing the Iranian Green Revolution.
Date Night on the Ship of State
Got the idea for this from Kevin O’Brien in the Plain Dealer.
“Cocktails on the Lido Deck at 7. Scuba gear is mandatory.”
We’re All Investors Now
Republicans used to call it tax and spend. Now it’s mostly just spend. Democrats call it investing. For all the hope and change, things have stayed pretty much the same.
Doc Fix
Baby Doc showed up in Haiti without a passport. Seems he’s down to his last $6 million, and that’s frozen in a Swiss bank account. Former Georgia congressman Bob Barr feels his pain, “He’s a man that cares very deeply about his country. He’s hurt deeply as we are when we see the devastation and utter waste of money, U.S. taxpayer money.”









