As anybody who has read a John le Carré novel knows, the spooks, many of whom work with or as diplomats, are in the habit of putting false information about in order to achieve this or that noble or nefarious end. Which raises a number of subtle questions regarding the recent WikiLeaks cable disclosures: how much of this stuff is exaggerated or untrue? Is it even possible to untangle the web of deceit and counter-deceit (and incompetence and foolishness) woven by our diplomats and their masters? Exactly what methods are El Pais, Le Monde, Der Spiegel, the New York Times and the Guardian—the newspapers called on to vet [...]
One person who went through some recent jobs data says that: "the average length of unemployment is always higher for the older cohort (45+) regardless of the level of education; generally the more education an individual has, the higher the average length of unemployment." But, but, but what about all those factories who were telling the Times they just can't find anyone to hire?
The last two administrations of New York City government have done a unbelievably poor job with their contracts for affordable housing. Back in 2000, Battery Park City, then 25 years old, was to have provided, on-site or off, 60,000 units of affordable housing, but had only provided a bit more than 1500. That has not improved much! More recently, buildings like 10 Barclay St., a 58-story residential building in lower Manhattan, with 451 units, and a cost of around $185 million, which was recently renting 3-bedrooms for 9+ grand per month, was to have 15 apartments set aside as "affordable housing." In exchange for those units, in 2005, the [...]
Be vigilant, America-your entrepreneurs are on the hook for bigger tax payments! That was the plain moral of an addled page one dispatch from this morning's Washington Post. The bulk of the piece, by Lori Montgomery and V. Dion Hayes, plies the heart-wrenching tale of one Gail Johnson, who operates a multistate chain of preschools out of Richmond, Virginia, and as the possessor of $500,000-plus annual income, faces the prospect of a 19 percent increase in her tax liability, from $120,000 to $143,000.
Never mind that Johnson's resourceful accountant, who has supplied these estimates, has her down for $90,000 in annual deductions-or indeed, that he avers that [...]