Archive for the ‘Politics’ category

Is “the internet is completely over” code for something else?

July 6, 2010

The internet is over?  Surely that’s not what he means since we’re all reading his proclamation via the web.  On the other hand, maybe [Prince] meant something else [related to the internet] was over. Okay, bad joke.


The U.S. Will Default in the Foreseeable Future

July 6, 2010

So says Niall Ferguson.  It is like the speeding train analogy.  The question is not if but when.  The US may be the last domino to fall, but the Keynesian program offers many configurations along the way but only one destination.

The Turks Try On an Ultimatum for Size

July 6, 2010

So the Turks have decided to tell Israel that they better apologize over their staged aid flotilla or, or, well, they’ll sever ties. Whatever.

I don’t want to diminish the hopelessness of the situation over there, which is depressing in its falseness and hypocrisy (can you offer an explanation for the millions of Kurds you’ve massacred you flatulent murderous thugs?). But how long will this kind of garbage from the likes of quasi-states like Turkey be treated with anything besides derision and mockery?

It’s pathetic.

You mean Lilly lied? The weaponizing of information

July 5, 2010

It’s almost not worth getting worked up over.  Words are all too often like little toy sailboats on the water, buffeted and knocked about by the winds and currents, with no meaning other than as ornament by their possessor.

The New Depression? Depressing stagnation at best

July 5, 2010

The Brits think so, calling 2010 a lot like 1932.  Voices of reason generally are calling for austerity measures to avoid a Greek debt spiral, while others (not counting the crackpot Krugman) insist that any belt-tightening must be accompanied by “ultra-loose” monetary policy.  I am not an economist.  And to point out now that monetary policy has been too loose for years (it has been) is not constructive.  We’re in the mess now.  We’ve had 70 some odd years to analyze, dissect and learn from the Depression–and no one has a clue.  I’m hearing from some quarters that we are at a stand or fall watershed moment in America, where failure means civil war.  Elsewhere we read of the end of the road for our financial system, spelling the end of our country as we know it.  But there are Pollyannas still out there.

I don’t have the answer.  But I do have a prediction:  our economy and markets are set for long term stagnation if our government continues on its current decision making course.  Things simply will not recover as we, especially those of us who entered the job market in the 1990s, think of recovery.  There are too many weights pinning us down, and there are more governmental tent pegs headed our way.  And this is best case.  Add in an exogenous event, most likely a bad one (e.g., terrorist attack on U.S. soil, Middle East conflagration, nuclear attack, etc.), and worst case scenario could be really really bad.

God knows we need strong wise leaders to rise up.  These are troubled times indeed.

Red Panties: Where football, politics and women intersect

July 3, 2010

The dogs are alive and well in Georgia. The athletic director at the University of Georgia was caught in a Clinton-like situation recently, only he’s not Bill and he’s definitely not the President, both of which being helpful attributes if you happen to get pulled over for drunk driving with a woman who is not your wife in the front seat and her red panties in your lap. He explained the panties by saying “She took them off and I held them because I was just trying to get her home.” While that makes no sense whatsoever it must have seemed plausible to Mr. Evans in the moment so we should just go with it.

One might be tempted to wonder how something this stupid could even happen but it happens with such regularity that, on the contrary, it’s come to be expected of our gender.

Dissension in the ranks: Kristol wants Steele out

July 2, 2010

This is an interesting development.