March 27th, 2009

yellow_elephant

It is sooooo last century

The Cross at the apple trailer place.

You are tall persons, google "The aurther blessit story" - and hum...

Is it clearly the case that this Christian Accepts Obama as a Human? and maybe even as the civilian president?

Or is that all code word?

You know, for some how things should have been the way they were suppose to have been...
yellow_elephant

It's Official

The House Republicans will stop the Pelosi Recession, inside sources say.

Yes boys and girls the God Hating America Bashing Defeatists are not willing to admit this is the very same KlintonGoreRecession that the liberals used to attack the hoover administration....
yellow_elephant

Hard UGLY truths

Paul Krugman writes:
...
What E&T show is that circa 1930 key decision-makers had spent so many years equating adherence to gold not just with prosperity, but with morality, decency, civilization itself, that they couldn’t even contemplate breaking with that orthodoxy — even in the face of total catastrophe.
My view is that we are not now bound by golden fetters--that by and large we know what to do and how to do it to keep the world economy out of a depression. But, I would say, there are three groups of people who are trying to handcuff us with today's equivalents of the golden fetters that constrained economic policy and made the Great Depression so great. Each group is doing so for its own reasons:
...
3. Out of justice: avoiding depression requires supporting asset prices--which means that for many financiers the wages of overspeculation will be not bankruptcy but fortunes. People rebel against the fact that in a financial crisis the banking sector has got the rest of us by the plums, and that there is no effective way to make sure they get their justice without creating prolonged mass unemployment for the rest of us.
[ cf Are We Handcuffed by Golden Fetters? ]
What will be most interesting is working out how to go forward.

Of the other two points he listed, Ignorance in the Chicago School, is ultimately Ironic, since the ignorance is a failure to actually read, amongst other players, Milton Friedman. The other point, is the malevolence of congresional GOP members, and their Echo Chamber, who are hoping that by just saying NO, that this will get them the win in 2010 or 2012.

What is going to be REALLY fun of course, is what IF we pass laws to criminalize repeating these follies?

Would there be a will within congress to keep a rememberance for why those laws were written? Or would we just repeat the Glass-Steagall Act written under the Jack Boot Of Repressive Godless Communist Hooverites bent upon the destruction of our white christian america...

What? you mean it wasn't Hoover's Fault that the Glass-Steagal Act was not passed on his watch?

But isn't he the democrat who caused the depression by not clapping his hands to keep tinkerbelle alive?

What if americans had to actually live with their actual history?
yellow_elephant

Hello, Kafka...

So what do you have to be to become
You don't have to be a member of the Taliban's Department for the Prevention of Vice and the Promotion of Virtue,
[ cf Sexting: Teens vs. prosecutors (emphasisi mineie) ]
I have no actual actual ontological Angst Here, I just like to put Kafka near to the Taliban's Department for the Prevention of Vice and the Promotion of Virtue, you know, for reasons of...

Oh shoosh, the castle is listening to the metamorphosis of the trial...
yellow_elephant

Proof Liberals Do Not Understand Economics

Q: Why don't banks, investors, and other financial intermediaries think they are worth very much?

A: Six factors: (a) the housing boom was accompanied by the creation of a lot more assets--principally mortgage-backed securities and their derivatives. As supply and demand dictates, when there is more of something, it is worth less; (b) some of these securities were initially sold at prices that only a fool, thinking a bigger fool would come along to buy them at an even higher price, would ever pay; (c) there is a recession on and so firms have a greater chance of defaulting on their securities; (d) traders working for Wall Street firms are irrationally panicked after having been hammered for a year and a half; (e) those working for Wall Street firms that are now undercapitalized (because they have been hammered for a year and a half) assign a very high cost to risk because it materially increases the chance that their firm will vanish next month; (f) the risk level of these securities is much higher than normal because professional investors no longer trust their own financial models or know how their models compare to the models of other traders...

[ cf The Revised, Extended Geithner Plan Catechism ]
How SHOCKING!

Not one Mention of the War President keeping us safe From Gay HomoZeXual Marriage Agendanista!!!

Not One Mention of the MexiCanadianist Darkies and their Zionist Bolshiviki Banking Konspirakii!!!

Not so much as a single reference to the argument from Divine Comedy!!!

Clearly these Evil Liberals just do not understand complex issues like why TinkerBelle is feeling tepid.

Clearly ONLY when the Government restores the True Faith in "Mark To Fantasy Island" will the economy take off again and all of the happy cargo cultist chant:
De Plaine!
De Plaine!
as they go about their happy ways.