Archive for August, 2009

The Machismo and Marianismo Tango

Monday, August 17th, 2009

Sequeira Book CoverOur good friend, long time client and clinical psychologist Dr. David Sequeira recently published,  The Machismo and Marianismo Tango, a dissertation that was originally accepted by his dean with the proviso that it not be published. Dr. Sequeira tells us, the dean, “did not like what I had written”.  Click on the photo at right for a link to the publisher’s website.

Grim forecast for L.A. and Long Beach ports

Monday, August 17th, 2009

Long Beach PortImports at the Port of Long Beach, the nation’s second-busiest port, fell 18.6% compared with a month earlier.  Overall cargo traffic is down 26.8% for the year.  This according to a new report produced for the local ports but not released to the public. “It’s going to take a long time to climb up out of this,” said John Husing, an economist and cargo expert who has read the report. The comeback “is not going to look like a V, which would be an equally sharp recovery. It’s going to look like a very wide check mark.”  Click the photo to the left to read the entire article from the Monday, August 17th, 2009 Los Angels Times.

Ben Bernanke And The ‘Great Panic’

Wednesday, August 5th, 2009

In Fed We TrustOn my drive home yesterday, I was able to listen to the latest broadcast of WHYY’s Fresh Air on National Public Radio (NPR).  This week’s show featured an interview with Wall Street Journal economics editor David Wessel on his new book, In Fed We Trust: Ben Bernanke’s War on the Great Panic.  The book examines the expanding powers of the Federal Reserve in the face of the current economic crisis.  In the interview, Mr. Wessel did a great job walking us through the crisis, or as he describes it, “The Great Panic”.  He also provides a great deal of insight into what was happening behind the scenes and how Chairman Bernanke’s background and education influenced his decisions. Click the picture to the left for a link to the Fresh Air website where you can listen to the broadcast.