Sean Brodrick -

Tuesday News Roundup

by Sean Brodrick on June 24, 2008

The EPI notes that income inequality in the US continues to widen like the Grand Canyon.
Snapshot_chart Tuesday News Roundup
This is just the gap between the top 0.1% and the top 1%. Wow!

Here’s an interesting read: Apparently Insane Moments in the Commodities Trade. The author looks at the Saudis’ bizarre experiment with growing wheat in the desert. I hope he looks at their dairy farms next.

Paul Krugman and Alan Reynolds agree: Don’t blame speculators for high oil prices. When both the left wing and right-wing agree on something, you might hope that Congress listens. But, it’s an election year. Sigh.

Do you think you’re mad about flattened stock prices? Are you upset about rising gas prices? Well, the Chinese aren’t happy either!

Finally, let me close with this great cartoon tribute from the Chicago Tribune to George Carlin …
40309594 Tuesday News Roundup

More on this topic (What's this?) Read more on Oil, Wheat, Commodities at Wikinvest

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