Thursday, May 31, 2012
Troubles In Euroland
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Mario Draghi, president of the European Central Bank, today conveyed a blunt message to the European Parliament: “The configuration we had ...
70 Years Ago: Midway Girds For Battle
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As Japanese naval forces approach the island of Midway, US Army, Navy and Marine Corps defenders get ready. In making their plans, Japan e...
Wednesday, May 30, 2012
Tulsa: My Home Town
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Spotted an item today in the Washington Post . "Otis G. Clark," the headline declares, "survivor of Tulsa race riot, dies at ...
Tuesday, May 29, 2012
70 Years Ago: USS Yorktown Leaves Pearl For Midway
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May 30, 1942 - Task Force 17, made up of USS Yorktown , two cruisers and five destroyers, departed Pearl Harbor after hurried repairs to Yor...
What Are Political Parties For?
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for the past year, I have been expressing my skepticism about third party presidential candidates. Most recently, I reported the admitted fa...
Moral Hazard And War
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Economists talk about "moral hazard." This means a situation where there is a tendency to take undue risks because the costs are n...
Monday, May 28, 2012
70 Years Ago: USS Yorktown May 29, 1942
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May 29, 1942, USS Yorktown still in drydock at Pearl Harbor. Shipyard workers labored around the clock to repair damage enough that Yorktown...
Don Winslow of The Navy
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When I entered the Naval Reserve Officer Training Corps about fifty-eight years ago, all I knew about the navy came from three sources: the ...
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