Entries from February 2009

February 11, 2009

Downbound Train

So, President Obama obviously prefers governmental spending over more pro private consumption fiscal stimulus. He puts a lot in stakes with this package worth over $ 800 bn, though it should inject money and demand in the economic system and take care of some of Americas excess supply.
Though the left usually emphasise the supposedly larger [...]

February 10, 2009

Cause and Effect in the Israeli Elections

In 2006, both the State of Israel and the Palestinian Authority went to the polls. The contrast between the results of those two elections help illustrate why we, two years later, find ourselves in an even worse position than we did then and the likely result of today’s Israeli election.
In Israel, the election was preceded [...]