Something to Know - 1 April

1.  David Stockman (he of the Reagan budget office -resigned) is offering his analysis of the hugely inefficient and corrupt path that the management of our economy has taken since the days of Dwight Eisenhower.  Nothing is sacred, in his view, and there is really no hope for the way we continue to bury ourselves.  Capitalism, and its insidious characteristics, is so big that it is failing, and Stockman sees no way out:

http://www.nytimes.com/2013/03/31/opinion/sunday/sundown-in-america.html?pagewanted=4&_r=0&nl=todaysheadlines&emc=edit_th_20130331&pagewanted=print

2.  As Timothy Egan did a few days ago, Paul Krugman carries on with the the theme that the Golden State is far from dead, but coming back to its former self:

http://www.nytimes.com/2013/04/01/opinion/krugman-lessons-from-a-comeback.html?ref=opinion&_r=0&pagewanted=print

3.  Fracking is now on the agenda for California.   With the dangers and lack of oversight learned from other locations (states in the Marcellus Shale region, the Midwest, and plenty of other places), it will be interesting to watch just how this progresses, or does not.   Just to see if we have learned from previous mistakes will be something to watch:

http://www.latimes.com/business/la-fi-monterey-shale-20130331,0,32400,print.story

--

Juan

"I got kicked out of ballet class because I pulled a groin muscle. It wasn't mine."
       -- Rita Rudner