October 17, 2007—In December, the UN took up a resolution calling for the abolition of life imprisonment without the possibility of parole for children and young teenagers. The vote was 185 to 1, with the US as the lone dissenter. Indeed, the US stands alone in the world in convicting young adolescents as adults and sentencing them to live out their lives in prison.—NYT A1—USA! USA!!
-- A study found pervasive personal fianancial ties among industry and medical school and teaching hospital departments. WSJ A1 --Adam Smith’s Stoic Market God takes care of everything!
--Luxury is feeling no pain: Financial Turmoil or not, pricey wares of Burberry, LVMH, Hermes are selling. If there’s a financial crisis going on, nobody told the world’s luxury brands. WSJ C16 --Adam Smith’s Stoic Market God DOES take care of everything!
--Putin issued a veiled warning to the US against an attack on Iran. WSJ A1.
--N Card, 2006: . . . overall the result is easy to predict: a regulatory pole will emerge in Eurasia, one closer to the geographic center of the world, and there will be a slowdown in the flow of goods, capital, and migration that currently nourishes the United States. The United States will then have to live like other nations, notably by reigning in its huge trade deficit, a constraint that would imply a 15 to 20 percent drop in the standard of living of the population. . . –Emmanuel Todd,p. 199 (2002)
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