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February 27, 2007 [LINK / comment]
Stock plunge: China's fault?
Wall Street laid a pretty big egg today (though not as big as in 1987 or 1929), losing 416 points; see Washington Post. Apparently the sell-off was triggered by a financial panic in China. James Waterton had a pessismistic assessment of China's economic prospects about a year ago, and his fears may be coming to pass. Hat tip to Instapundit. I've had a very hard time trying to explain to students that China has a burgeoning capitalist economy that is, nevertheless, subject to a Communist dictatorship. It is a fatal contradiction, and we may pay the price one of these days. Or perhaps the Chinese leaders will see the light as Gorbachev did, and there will be miraculous transition toward a more open political system as happened in the old Soviet Bloc after 1989.
Posted (or last updated or commented upon): 27 Feb 2007, 11: 35 PM
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Category archives:
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This (or that) year's
blog highlights
January 4, 2007 ~ 110th Congress: open for business
January 24, 2007 ~ The State of the Union, 2007
March 28, 2007 ~ Mark Steyn's America Alone
April 19, 2007 ~ Senator Hanger comes to Staunton
April 30, 2007 ~
Sen. Hanger's campaign kick-off
June 1, 2007 ~
Stars shine for Senator Hanger
June 12, 2007 ~
Republicans In Name Only? You be the judge!
June 13, 2007 ~
How sweet: Reason prevails
June 24, 2007 ~
SWAC bloggers air dirty laundry
August 13, 2007 ~ Hasta la vista, Karl Rove
August 21, 2007 ~
Fading dreams of democracy
August 6, 2007 ~
Nats sweep World Champion Cards!
September 23, 2007 ~ Au revoir, RFK Stadium
October 18, 2007 ~ Nationals 2007: Year in review
October 25, 2007 ~
Augusta County Campaign 2007
October 29, 2007 ~ Red Sox sweep Rockies; Dynasty?
November 7, 2007 ~ Democrats win Virginia Senate
December 14, 2007 ~ The Mitchell Report is released
December 29, 2007 ~
The death of Benazir Bhutto
December 31, 2007 ~ Baseball 2007: Year in Review
NOTE: Thus far, only blog posts related to politics and baseball are included in this list.
Blog highlights have been compiled for the years 2010-2012 thus far, and eventually will be compiled for earlier years, back to 2002.
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The "home made" blog organization system that I created was instituted on November 1, 2004, followed by several functional enhancements in subsequent years. I make no more than one blog post per day on any one category, so some posts may cover multiple news items or issues. Blog posts appear in the following (reverse alphabetical) order, which may differ from the chronological order in which the posts were originally made:
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Also see: My blog practices.
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