Income inequality is bad for rich people too

Japan, which made a conscious decision to impose the costs of its post bubble hangover on all members of society to preserve stability, has gotten through its lost two decades with remarkable grace.

The US seems to be implementing the polar opposite playbook, and there are good reasons to think the outcome of this experiment will be ugly indeed.


Christine O’Donnell Has Gone Rogue on the GOP

Republican candidate Christine O’Donnell has taken another page from Sarah Palin’s playbook by going rogue and blaming the GOP for her expected defeat.

On ABC’s This Week O’Donnell said, “We’re hoping that the National Republican Senatorial Committee will help us, but it’s two and half weeks left, and they’re not.”