Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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October 6, 2011
Intelligence
Targeted Killings and America’s ’Kill Lists’
An undated handout image, courtesy of the U.S. Air Force, shows a MQ-1 Predator unmanned aircraft. (Ho New / Courtesy of Reuters) In June 2010, former Director of Central Intelligence Leon Panetta w…
April 19, 2018
Puerto Rico
The Oversight Board’s Latest Fiscal Plan for Puerto Rico is Still Too Optimistic
The power is off in Puerto Rico, again. It may not be restored for a day or two. Puerto Rico obviously has yet to fully recover from Maria’s devastation. Tax revenues this fiscal year are off by o…
April 1, 2011
Congresses and Parliaments
Is Operation Odyssey Dawn Constitutional? Part IV
In my posts on the constitutionality of Operation Odyssey Dawn I have looked at what the Framers said about the war power, what proponents of an independent presidential war-making authority bas…
December 16, 2010
Politics and Government
Tea Parties
Two hundred and thirty seven years ago today the Sons of Liberty dumped 342 chests of tea into Boston Harbor. It must have been unseasonably warm in Boston in December 1773. The arctic blast now g…
September 8, 2016
Monetary Policy
Large Scale Central Bank Asset Purchases, With A Twist (Includes Bonds Bought by Reserve Managers)
I got my start, so to speak, tracking global reserve growth and then trying to map global reserve flows to the TIC data. So I have long thought that large scale central bank purchases of U.S. Treasur…
