Current Affairs

Author of “Why We Get Duped” Admits He Got Duped

I guess it can happen to anybody, but still it is awfully ironic that the author of a book on the phenomenon of "gullibility" would later end up losing thirty percent of his life savings to Bernard Madoff's Ponzi scheme….


Iraqi Shoe-Thrower Evolving Into Mythic Hero Symbol

The story of the journalist who threw his shoes at President Bush the other day has now become entirely surreal, with the shoe-thrower being hailed as a hero throughout the Muslim world, and the shoe itself adopted by crowds as…


O.J. Simpson Convicted of Murder

He was actually charged with stealing some footballs, and I suppose it is possible that this jury was upset about that crime.  Remotely possible. Still, note to self: if acquitted of double murder in controversial case, avoid writing book called…


What Could Possibly Explain the Market Crisis?

Now that the bailout has gone down in flames, and the nation’s soup kettles are starting to heat up, it is worth taking a moment to wonder why so many people seem to be wondering how this all came about. …


Draft Law Precludes Any Review of Government Bailout Decisions

Here’s my summary (which I know you’ve been waiting for) of the proposed mortgage-bailout legislation: The Secretary of the Treasury is authorized to purchase "mortgage-related assets from any financial institution having its headquarters in the United States." He can do…


McCain Sued by Jackson Browne Over Use of “Running on Empty”

John McCain’s latest campaign ad continues the pop-culture theme of his Britney/Paris ad, this time using the song "Running on Empty" to mock Obama for proposing gas conservation through tire inflation.  That’s my song, said Jackson Browne, who is not…




Knife-Purchasers Must Register, Says Chinese Government

China’s Ministry of Public Security, in full public-securing mode as the Olympic Games approach, has told citizens that anyone buying "potentially deadly knives" must now register with the state.  According to the government, "potentially deadly knives" include switchblades, knives with…


Poll: What’s the Scariest Part of the Torture Memo?

There has been a lot of buzz over the last couple of days about the newly released memo written in 2003 to provide legal arguments in support of using torture aggressive interrogation techniques.  And there is probably more to come. …