March 2nd, 2009


Glut What Glut?

It would be like saying that Gluttony, like Greed and Avarice were some sort of "Seven Deadly Words" rather than some sort of George Carlin list of words!

But is the SHRILL ONE willing to be sane?
Remember the good old days, when we used to talk about the “subprime crisis” — and some even thought that this crisis could be “contained”? Oh, the nostalgia!
Mr. Bernanke cited “the depth and sophistication of the country’s financial markets (which, among other things, have allowed households easy access to housing wealth).” Depth, yes. But sophistication? Well, you could say that American bankers, empowered by a quarter-century of deregulatory zeal, led the world in finding sophisticated ways to enrich themselves by hiding risk and fooling investors.
And wide-open, loosely regulated financial systems characterized many of the other recipients of large capital inflows. This may explain the almost eerie correlation between conservative praise two or three years ago and economic disaster today. “Reforms have made Iceland a Nordic tiger,” declared a paper from the Cato Institute. “How Ireland Became the Celtic Tiger” was the title of one Heritage Foundation article; “The Estonian Economic Miracle” was the title of another. All three nations are in deep crisis now.
One way to look at the international situation right now is that we’re suffering from a global paradox of thrift: around the world, desired saving exceeds the amount businesses are willing to invest. And the result is a global slump that leaves everyone worse off.

So that’s how we got into this mess. And we’re still looking for the way out.

[ cf Revenge of the Glut (emphasis mine)]
But our troops are still winning the Mission Accomplished Dance?

How can there be any risk to hide? Or investors to fool, given the rational expectations of the Invisible Foote Of The Market....

Clearly this MUST be the greatest of economic Miracles!!! Since anything less and one is stabbing our troops in the back with their defeatist rhetoric...

Ok, so how exactly is it that Supply Side will provide the required demand...

more reasons to Bong Canada...

Some Godless Marketting Droid is pimping 3/14 as 'pi day'. GOD!!! everyone knows that you only celebrate it between three and four... depending upon rounding errors....


{ 3.14{15NN}..(16NN} }

yes, porting from a base 24 system into decimal system Sucketh Bilge, but that it why god made PiRates... to implement a rate controlled form of Pi!!!


They Coming For The White Women And Children!!!

It was a pleasure to lose this bet § Unqualified Offerings: Accused enemy combatant Ali Al-Marri is being transferred to civilian custody to stand trial in a regular court of law. A few months ago I made a bet that Obama would assert the power to detain enemy combatants without trial. I am delighted to be proven wrong here, and I am also delighted to have sent $50 to Habitat for Humanity, as per the terms of the bet with commenter BubbaDave.
[ cited The Good Guys Win One ]
The problem really remains, what in god's green earth does the buzz phrase
Accused enemy combatant
mean in the real world?

If they are an armed combatant detained on the battlefield, Then they are POW's.

Hence they should not be handed over to Civilian Courts to stand trial for engaging in warfare.

IF on the other hand the person is a criminal who has engaged in a crime, then prosecuting them in a court of law remains the number one best option.

So while I applaud a step back towards reasonability and general sanity... I am not sure that it is a good thing to continue to use the old failed useless language...

Unless of course this is really secret liberal code that they are rounding up the White Christian Americans for their extermination camps, and market wholesale discount to you pricing...