Thursday , 22 January 2026

Recent Posts

Preparing for the next panic – or not

When the next financial crisis hits — an event that may be years or decades away — we will learn whether this Congress and the president drew the right lessons from the 2008-09 financial crisis. Congress is arguing over whether government can avoid ‘bailouts’ of large financial institutions and still prevent a full-blown crisis. With all of President Trump’s trials …

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Brain drain from Southeast Asia poses obstacle to growth

Nyl Patangan, a nursing graduate from the Philippines, left his native land in search of a better life. Now working in a Chicago hospital after a stint in Dubai, he’s supporting his parents back home and is buying his mother a Toyota Vios. A recent study by the Asian Development Bank shows that the number of immigrants with university degrees …

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Give US Senate’s blue slips a pink slip

Some government traditions with no legal basis — pardoning turkeys, for example — are silly but harmless. Others are not. Among them is an arcane, century-old practice known as “blue-slipping,” under which a single senator can block a president’s judicial nominee. The country would be better off without it. When the president sends a candidate for the federal bench to …

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