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As Always, the Defense Budget Is a Place to Hide Non-Defense Spending

September 13, 2009

Analysis of:Full Committee Approves FY 2010 Defense Appropriations Bill | www.defense-aerospace.com

The only area in which I can offer any expertise is with regards to Title XI. The US has a history of hiding essentially non-defense spending in the defense budget and this budget is no different.

Willingness to Take Risk Is What Got Humans to the Top of the Food Chain

March 31, 2009

Analysis of:Buckle Up Your Seatbelt and Behave | www.smithsonianmag.com

The article discusses the latest research in risk compensation, or the idea that humans adjust their risk tolerant behavior in response to perceived changes in risk. The seatbelt example is but a platform for a short but serious discussion on how humans perceive risk and adjust their habits to their perceptions. We can see this behavior in action as we review the current economic difficulties.

Active Drilling Rigs Decline 50% in Less Than a Year

March 17, 2009

Analysis of:As Oil and Gas Prices Plunge, Drilling Frenzy Ends | www.nytimes.com

What are the broader implications of oil and natural gas boom and bust? Can steps be taken to avoid future devastating cycles? &lt;!-- /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.S

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