KY-Pres, KY-Sen: McCain leads by 12 PDF Print E-mail
Written by Stumo   
Tuesday, 17 June 2008

Kentucky Presidential race: SurveysUSA (SUSA) has McCain over Obama 53-41%

Kentucky Senate race:   SUSA has Minority Leader Mitch McConnell (R) up by just four over challenger Bruce Lunsford (D).

 
AK-Sen - Stevens up by 2 PDF Print E-mail
Written by Stumo   
Tuesday, 17 June 2008

Alaska Senate race:  Incumbent Ted Stevens (R) is up by only 2 over challenger Mark Begich.  Stevens is the longest serving Republican in the Senate, is 84 years old, but is hambered by an ongoing bribery investigation.  Begich is the mayor of Anchorage.

 
Food and free trade PDF Print E-mail
Written by Stumo   
Tuesday, 17 June 2008

The Food and Agriculture Organization thinks reducing barriers will help the food problem today.  Here is a very serious rebuttal.

Here is an excerpt.  The full piece is below the fold.

On the contrary, the proposals made by the general secretary of the UN, Ban Ki-Moon, to increase food production by 50% and to eliminate the export limits imposed by some of the countries affected, only reinforces the root causes of this crisis rather than addressing and guaranteeing the food security of the majority of the people in the global South.

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Morici on surging current account deficit PDF Print E-mail
Written by Stumo   
Tuesday, 17 June 2008

Current Account Deficit Surges in First Quarter

Peter Morici 

Today, the Commerce Department reported the first quarter current account deficit was $176.4 billion, up from $167.2 billion in the fourth quarter of 2007.  The deficit was 5.0 percent of GDP.

The current account is the broadest measure of the U.S. trade balance. In addition to trade in goods and services, it includes income received from U.S. investments abroad less payments to foreigners on their investments in the United States.  

 

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China: U.S. improperly handles its economy PDF Print E-mail
Written by Stumo   
Tuesday, 17 June 2008

Henry Paulson's Strategic Economic Dialogue (SED®) may not be working.  

Chinese officials seem to be galled by the apparent hypocrisy of Americans telling them what to do while the American economy is at best stagnant. China, on the other hand, has maintained its feverish growth.

Some officials are promoting a Chinese style of economic management that they suggest serves developing countries better than the American model, in much the same way they argue that they are in no hurry to copy American-style multiparty democracy.

Hmmm.  Certainly the U.S. developed best by taking care of our own economy and people.  Ditto the Asian Tigers.  I can't think of any country that developed without managing its economy.

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