Do not despair, Studious Readers, the promised OO on Taxes will indeed appear next week. Our Revered Investment Guru (the R.I.G.) is assigned to the duty, but was too busy profiting from the Gulf hurricane disasters to complete work this week. Meanwhile, we consider the topic of Looting, in its twin aspects of high-class political looting and ordinary low-class New Orleans looting. If we offend any in this pure scientific quest, that’s tough. We start with the popular quiz, and ask, what (and why) is the Ketchikan- Gravina Island bridge? The what you may know, for it is the now famous U.S. Congressional pork project costing $223 million connecting Ketchikan Alaska to Gravina Island across the Tongass Narrows (Tongass Narrows is geographical, not an Administration thinking affliction). It is true, as you have read, that Gravina has a minimal population of 50 or so families, and that makes the bridge sound wasteful. In fact, though, the island is where the Ketchikan airport is. The official State website makes clear the critical need.

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