Environmental liability

April 10, 2012

Let me suggest a solution to the fracking problem. The self-styled energy companies want to draw natural gas out of the shale deposits deep below the earth’s surface. Environmentalists like myself believe that fracking will foul the drinking water, damaging a much more crucial resource than the gas they’ll extract.  We also think that if gas is so valuable, they wouldn’t be burning it off where it already comes up alongside oil wells. But that’s another story. Let’s stick to safety.  Read the rest of this entry »


War is Hell

March 20, 2012

We are all saddened by the sixteen people killed by an American soldier on a recent rampage. Clearly, he had lost his mind. Read the rest of this entry »


Don’t Bomb Iran

March 13, 2012

We’re hearing a lot of sabers rattling for war with Iran. The promoters have never been able to think past shock and awe to figure out what comes next. That’s blinders masquerading as courage. Read the rest of this entry »


Capital Gains Tax Rates Hollow the Economy

February 28, 2012

Let’s look at tax law. Remember Romney’s tax returns. His average tax was approximately 15%. That’s the rate for capital gains. But for anything else earned above roughly $400,000 the rate is 35%. I’d love to reach that rate, to earn enough to pay 35% on some little fraction of my income. Alas, I don’t. Read the rest of this entry »


The Cost of Non-Regulation

January 31, 2012

The debate over pipelines in New York, and from Canada through the midwest, has been cast as the value of the natural gas versus the value of the environment, particularly water supplies. We can have one or the other. But not both. Either the environment or the gas. Read the rest of this entry »


Persian Culture and Iranian Behavior

January 25, 2012

We had dinner the other night with a friend who had lived in the same city in Iran where I had. We missed each other there by a few months. We were talking about the tense situation in the Persian Gulf and what they might do. Read the rest of this entry »


Taxes and the Price of Success

December 13, 2011

With a deal in process about state taxes amid shouts about which state’s taxes are highest, let me point out some basic facts. New York is expensive. My employers had to pay me well when I worked in New York City so that I could afford to live and work there. Same when I worked in Boston. Why? Taxes? Actually that’s not the big issue which is real estate. Read the rest of this entry »


The Economy has hit a Republican Wall

November 30, 2011

Did you hear Republican Senator Pat Toomey’s recent weekly Republican radio address. He announced that “the economy has hit a wall.” Exactly. It hit a Republican wall. Everything our government has done to bring us out of recession for the last eighty years he and his fellow Republicans have said “no” to. Read the rest of this entry »


Cheers for David Soares

November 22, 2011

I should begin by making clear that many of the people involved in the dispute I’m about to discuss are graduates of Albany Law where I teach, including the Governor, the District Attorney and some of the Occupiers, and I know some of them, including the District Attorney.

In this dispute about the handling of the Occupy Albany movement, I have nothing but praise for David Soares, District Attorney for Albany County. Soares has refused to prosecute people for participating in Occupy Albany and making plain their objection to government policies and massive inequality. Clearly Soares has better things to do. Read the rest of this entry »


Occupy Wall Street vs. Have a Tea Party

November 15, 2011

A bumper sticker said “I work so that someone on welfare doesn’t.” No, I work to support captains of finance who make costly problems for everybody else, threatening their jobs, their homes and the food on the table. What the titans of finance caused doesn’t compare with what little the rest of us can do to affect the economy. Read the rest of this entry »


Follow

Get every new post delivered to your Inbox.

Join 203 other followers