Subject:
Clarence Thomas Clarence Thomas (born June 23, 1948) is an American jurist who has served as an Associate Justice of the Supreme Court of the United States since 1991. Thomas is the second African-American to serve on the Court, after Thurgood Marshall, whom he succeeded.
Thomas grew up in Georgia and was educated at the College of the Holy Cross and at Yale Law School. In 1974, he was appointed an Assistant Attorney General in Missouri and subsequently practiced law there in the private sector. In 1979, he became a legislative assistant to Missouri Senator John Danforth and in 1981 was appointed Assistant Secretary for Civil Rights at the U.S. Department of Education. In 1982, Thomas was appointed Chairman of the Equal Employment Opportunity Commission (EEOC) and served in that position until 1990, when President George H. W. Bush nominated him for a seat on the United States Court of Appeals for the District of Columbia Circuit.
After one year of service on the D.C. Circuit Court of Appeals, Bush nominated Thomas to fill the seat on the United States Supreme Court being vacated by Thurgood Marshall. Thomas’s confirmation hearings were bitter and intensely fought, centering around accusations that he had sexually harassed a subordinate at the EEOC, attorney Anita Hill. Thomas was ultimately confirmed by a vote of 52–48, the narrowest Supreme Court confirmation vote of the 20th century.
Since joining the Court, Thomas has taken a textualist approach to judging, seeking to uphold what he sees as the original meaning of the United States Constitution and statutes. He is generally viewed as among the most conservative members of the Court. Thomas has often approached federalism issues in a way that limits the power of the federal government and expands power of state and local governments. At the same time, Thomas’ opinions have generally supported a strong executive branch within the federal government. (Wikipedia Jan 2010)
Jimmy Carter Redux
By John Schroy, on May 4th, 2009 | 
As of this writing, the term “stagpression” gathers only 145 hits on Google. This is probably because the term — meant to suggest high unemployment plus high inflation — does not convey this meaning effectively.
So we’re stuck with the term “stagflation”. Or maybe something like, “stagflation on steroids”, although this seems a bit hackneyed.
Under President Obama, the Carter combination of inflation and unemployment are likely to return — with a vengeance. Fed Chairman, Ben Bernanke, seems to have read the wrong books about the Great Depression.
US Politics
By John Schroy, on April 27th, 2009 | 
The Crash of 2008 put Barack Obama in the Oval Office and was the culmination of two secular financial trends: a growing US trade deficit that was the root of easy financing for credit cards and mortgages, and the stock buyback movement that manipulated the equity market and that, in recent years, had become dependent upon easy credit rather than corporate profits.
Americans now have an untested, inexperienced leader, with strange radical friends and a leftist deficit spending agenda. Obama must govern 300 million people in a serious economic crisis that he has the power to exacerbate.
In Obama’s first hundred days, the case of the Lincoln Bible, the Stimulus Bill, staffing problems, and the Maersk Alabama incident, hinted of difficult days to come for the United States.
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