We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Our Recent Essays Behind the Front Page
Saturday, February 6. 2021
You're welcome. Again. Some more.
Can't wait for Fauci to tell us to wear two pairs of eyeglasses.
Paul Volcker was either a god or a devil, depending on who you ask. But he was certainly nowhere in-between.
He was Commodus before Joaquin was born, and better at it too. He was the definitive Rudyard Kipling, THE skinflint millionaire, Kaiser Wilhelm, more Rommel than James Mason, and more Barrymore than Barrymore. And still they hang the Sound of Mucus around his neck. Rest easy Sir Charles Litton. We'll remember you.
When I get a little money I buy books; and if any is left I buy food and clothes -Erasmus
Please keep in mind that secession is only cool when California threatens to do it.
Like campus politics, the fights are so vicious because the stakes are so small.
Huh. It turns out you have to know something about ice cream, and something about business, in order to run an ice cream business. Who knew?
Kurt Vonnegut was funny. Robert Caro wrote four books about Lyndon Johnson, which is another kind of joke entirely.
Ahem. A pickup truck has one bench seat, a metal dashboard, three on the tree, and an AM radio. I have no idea what exactly an F 150 is anymore, but it ain't a pickup truck.
Have a nice weekend, y'all. Or if you're Bird Dog, a nice weekend yawl.
Tracked: Feb 07, 09:15
Tracked: Feb 07, 09:28
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Glad you're with us again this week, R.
For readers who don't know, Project Gutenberg (pgdp.net) relies heavily on Internet Archive images for its work scanning old out-of-copyright books and posting them back online in searchable text format. You can do the volunteer work of proofing and formatting the OCR files; it's entertaining and absorbing work.
“... something fundamental is changing in the economy’s view of saving and investment“
In plain spoken language, “economics is not really a science even though we pretend it is”.
Just one of the many insanely complex systems — like the climate, or the human body — that man pretends to fully and completely understand.
"Just one of the many insanely complex systems - like the climate, or the human body - that man pretends to fully and completely understand."
I have no doubt that our global response to climate change will be every bit as successful as our global response to COVID-19.
(It doesn't seem to occur to St Greta The Thunberg, St John Kerry of the Private Jet and all their acolytes that a putative "global community" barely coping with the intricacies of a single virus is hardly going to make much of dealing with climate change.)
Re: interest rates
Bonds prices, like everything else, react to supply and demand. The more supply relative to demand, the lower the price. Certainly demand is a complex issue that includes fiscal and regulatory (some entities are required to buy a certain amount of bonds such as insurance companies and pension funds) as well as emotional factors but over a long term, emotional factors dissipate. I think it’s safe to assume that ten years qualifies as “long term.”
Since there have been no regulatory changes, the question is even with the run up in stock prices, what is driving the demand for bonds even with the huge increase of debt on the market since 2008? Could bonds investors really be betting in very negative rates? Are they satisfied with essentially, but guaranteed near zero return on their investment?
The only entities I can think of that would answer “yes” to those questions are governments. That is a very scary thought!
While I agree with the sentiment, Texit would be very dangerous. If they leave, the rest of us are screwed big time. Regardless the number of states that would follow, the big winner would be China.
There is no constitutional right for any state to secede from the United States. This was decided in 1869 case Texas v. White, if not more obviously the Civil War.
Of course since Texas does not have standing to complain about the Constitutionality of a federal election, maybe the court has "evolved" on this issue. :-)
Re: Vonnegut, Caro, and LBJ
Caro speaking about LBJ:
It was formed for the better and for the worse, and the thing that you are talking about, this strain of compassion for the poor-particularly the poor whose skins were a different color than his-he always had this empathy for Blacks and Hispanics and for poor people.
LBJ speaking about blacks and the ‘64 Civil Rights Act:
These Negroes, they're getting pretty uppity these days and that's a problem for us since they've got something now they never had before, the political pull to back up their uppityness. Now we've got to do something about this, we've got to give them a little something, just enough to quiet them down, not enough to make a difference.
Campus diversity efforts tend to worsen stereotypes and cross-racial understanding, report finds: Because they don't really KNOW how much they just don't understand, and how MUCH they don't KNOW, but think they do.
How Socialism Wiped Out Venezuela's Spectacular Oil Wealth: That's what they wanted, and that's what they got.
The Impeachment Trial’s Stacked Deck: Courtesy of National Review, which went NEVER TRUMP in 2015 and is still FULL SPEED AHEAD.
[quote]The distribution of significant community outbreaks along restricted latitude, temperature, and humidity are consistent with the behavior of a seasonal respiratory virus. Additionally, we have proposed a simplified model that shows a zone at increased risk for COVID-19 spread. Using weather modeling, it may be possible to predict the regions most likely to be at higher risk of significant community spread of COVID-19 in the upcoming weeks, allowing for concentration of public health efforts on surveillance and containment.
You're welcome. Again. Some more.[/quote]
Not by me they're not. I'd rather suffer slightly greater risk of a cold or flu (which is all COVID-19 is) than allow government that capability.
400,000 people would disagree with your assaholic remark if they weren't dead from covid.
Don't look now, but there are several hundred million dead people that would like to have a word with you about trusting your government too much.
Ahem. A pickup truck has one bench seat, a metal dashboard, three on the tree, and an AM radio.
Don't forget: It had a carburated engine, one you could actually see when you lifted the hood and one you could actually work on and fix, when it broke down! And an ashtray full of butts.
Also, its "air-conditioning" was both windows fully rolled down!
Oh and if the bed wasn't dinged-up and rusting; it was a "show" truck!
Re: Vonnegut Interview
I was disappointed with the article about Kurt Vonnegut. I hate to say this, because I've read almost all of his books, and I really enjoyed them. So here's the deal: In this interview, Vonnegut tells one complete lie after another. It's really shocking. Of course everybody knows that Vonnegut was a leftist, but I didn't know that he was also a murderous take-no-prisoners communist. This interview proves that Vonnegut and his people will stop at nothing. If you read this interview, Vonnegut pulls the oldest trick in the book: he disguises his real intent by providing an alternate intent. He claimed that he was worried about the quality of Journalism. And then he goes on to mention Ralph Nadar as an example of integrity. Nader made a living as a fake champion of the people, he never saw a tax increase that he didn't like.
So Listen: Vonnegut was an artist. A real one. That's how he wrote such great books. But in this article, he denies that life is art. Here's what he says: "If the person is an artist, the mere frustration of not being able to practice the art is enough." Vonnegut knew perfectly well that this statement couldn't be true. To be alive is to be an artist. It's not an activity which is separate from one's daily affairs. But Washington D.C. wants absolute political control over the country, so they intend to get that by restricting access to education. Children must never learn that art is the combination of strength and beauty, because young men would choose strength; and young ladies would choose beauty. Freedom and success are evil. God Bless You, Mr. Rosewater.
“God Bless You, Mr. Rosewater” is the only Vonnegut book I’ve read. I liked it and even though I didn’t fool myself into believing he was conservative, I thought the book had a conservative theme. On the other hand, maybe I fooled myself about that.