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Maggie's FarmWe 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. |
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Saturday, September 27. 2008Brit banks
Brit and Euro banks in trouble.
It's The ArtsShould Federal governments (ie taxpayers) support non-commercial arts? Bert Prelutsky says "No." More on the subject from Alberta, via Dust My Broom. And, finally, "It's The Arts:"
Posted by The Barrister
in Politics, The Culture, "Culture," Pop Culture and Recreation
at
16:02
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Paul Newman, 1925-2008
"I was always a character actor, but I looked like Little Red Riding Hood." Westport, Connecticut's Paul Newman, RIP Photo: Newman with wife Joanne Woodward, at home. Good people. Friday, September 26. 2008Living without GodJim Manzil at NRO writes, about Weinberg's Without God in the NY Review of Books:
Indeed, the materialistic, "scientific," and utilitarian views of life are cold as ice. But real scientists aren't cold. They are as emotional and "spiritual" as everybody else.
Posted by The Barrister
in Religion, The Culture, "Culture," Pop Culture and Recreation
at
11:22
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Thursday, September 25. 2008The new trend in business dress
I learned this from the Wall St. kid of a friend this weekend. They were informed that, from now on, Business Formal is their required dress code, all week. That's good news for Brooks Brothers and Ann Taylor - if there is anybody left on Wall St. to need the clothing. What do I wear to work? Blazers or tweed jackets and tie, and grey trousers. Brooks shirts. I wear good suits to court, but I only own 5 of 'em for court, weddings, and funerals. Wednesday, September 24. 2008Obama the SocialistAt Commentary. Very simply said, I do not agree with Socialists, because with Socialism nobody feels like working hard or being creative, inventive, or taking risks (unless they are seeking power, and people who seek power are creeps). Why would anybody bother, without the excitement or the possible rewards? Tuesday, September 23. 2008It's the end of Wall StreetMorgan Stanley and Goldman have turned themselves into bank holding companies. Now they will be commercial banks. It's a fascinating development. As the above piece in the WSJ notes, now the venture guys and the hedgies will probably become the sources of innovation and creativity. Monday, September 22. 2008Got teeth?
Teeth are a sensitive subject. When you lose one as an adult, you feel a bit emasculated. Lose a handful, and you can develop a clinical depression. And root canals are a torture which even the CIA would never inflict on Osama. My first one was without Novocaine at age 14. The elderly dentist didn't "believe in" Novocaine. I have had plenty since then. Plus it costs big bucks to keep good teeth after 45, unless you are one of the lucky ones with genetically strong enamel. My teeth are mediocre-to-poor. I have one implant so far, many crowns, and a number of failing crowns. My wisdom teeth were pulled years ago. I have some extractions and two more implants on the way, plus a bridge. Most of my teeth have fillings and miscellaneous repairs. My dentist blames it on cigars and bad tooth genes, and says I need a serious big-time periodontistry before he can do any more repairs and reconstruction. I also lost a few front ones playing hockey in prep school. The brother of my then-girl friend stuck the end of his stick in my face, entirely by accident no doubt. Whenever I am sent to a new person, eg a periodontist or an implantologist or an oral surgeon, before I open my mouth I always say "Promise you won't say 'Oh my God what a mess.'" This stuff gets expensive. But even worse is that it is a depressing reminder of ones' aging and deterioration, a memento mori. Entropy always wins. We pay and struggle, but we always lose the battle.
Posted by The Barrister
in Medical, Our Essays, The Culture, "Culture," Pop Culture and Recreation
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12:23
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Friday, September 19. 2008More on the elite
This reader sounds a lot like me: A chain-saw, pick-up truck and single malt Conservative - but I am a blue-blood and an Ivy Leaguer too, for whatever it's worth, these days: not too much. Which is for the best, probably, although it does enrich one's life in subtle and private ways. Thursday, September 18. 2008Wall Street and Main StreetHow will Wall St. turmoil affect Main St? It will make borrowing more difficult. It's all explained by Steven (Freakonomics) Levitt in the NYT today. The French SystemPeople talk about the Canadian system (horrible for Docs and patients) and the NHS (which 56% of Brits want eliminated). Few discuss the way the French do it, but it's worth thinking about. Part 1 of Health Care Reform discusses the history French system, noting "They emphasize private, fee-for-service practice even more than we do." If you are interested in the topic, Synthstuff links all 4 parts of this essay, written by a Doc who likes the system. McCain sings StreisandHilarious! (h/t, Right Wing Prof) Elite Northeast ConservativesDunn in Am. Thinker discusses the alienation of the elite Northeast conservatives from the rest of American conservatism. He begins:
As a more-or-less elite, prosperous, hyper-educated Northeastern conservative, I think he has a point - but it doesn't apply to me. I have an F-150, I like Palin, and I get a kick out of Rush (though I rarely have time to hear him). Tuesday, September 16. 2008Betting against Black SwansRe the subprime mortgage mess, from the intro to an essay by Nassim Nicholas Taleb on the limits of statistics:
His (somewhat technical) essay is here.
Posted by The Barrister
in The Culture, "Culture," Pop Culture and Recreation
at
13:53
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Many businesses failMany businesses fail every day, and that's the way it ought to be. Otherwise, we would still have buggy whip factories in New York City. In Capitalism, failure is not a dirty word. In fact, failures reveal the success of the way things work. While McCain and Obama seek to grab news space by blaming someone or something for the Wall Street business failures, I do not. Businesses come and go, from bait shops to corner lunchrooms to investment banks to car manufacturers. I feel badly for folks who lose their jobs, but otherwise I feel good about the creative destruction that Capitalism provides space for. Business is all about calculated risk: in the end, what profit rewards is risk, regardless of the product. These investment banks were gambling to stay alive in a changing world, and made bad bets. Competition is what hones businesses - and they eventually fall if they cannot keep up or adapt - or behave imprudently, or encounter bad luck. I deal with many business people in my work, and it is my conclusion that the biggest obstacle to business creation, and thus capital creation and job creation and wealth creation, is the government. Note that the biggest screw-ups of the year, Fannie Mae and Freddie Mac, were government agencies. So much for government's role in the financial industry: it inevitably becomes politicized, mediocratized, and corrupted - as with any government involvement in any industry. Few people in government could figure out how to run a candy shop, much less a complex enterprise. Otherwise, they'd be doing it. Related: Tyler Cowen on how regulation made the problems worse. Also on how the hedge funds manage risk better than the investment banks. Also related: How the Dems supported the sub-prime fiasco. Follow the money. And the banks were all too eager to play that game - as long as there were buyers for the junk. A game of musical chairs, as in all bubbles.
Posted by The Barrister
in Hot News & Misc. Short Subjects, Our Essays, Politics
at
09:21
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Monday, September 15. 2008The big "What if"
I posed the question yesterday here, If you were a black Conservative. Today, a thoughtful black Lefty, Randall Kennedy, discusses the hopes of black Americans.
Got MILF?
I am always out to lunch when it comes to pop culture. I had to look up what a MILF was after that SNL Palin-Clinton skit.
Posted by The Barrister
in The Culture, "Culture," Pop Culture and Recreation
at
13:06
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The downsideWhile the democratization of Capitalism via the huge increase in investing by the general public over the past 30 years is a wonderful thing, there is also a downside. The downside is that people complain when they lose, and expect the government to do something about it - or to prevent it. They want to privatize gain but socialize risk. Related: How Fannie and Freddie co-opted the politicians. As Rush says re F and F, where are the investigations? The special prosecutors? The MSM is going for broke in this campaignIndeed they are, and they don't mind putting their cards on the table. Quite a remarkable development, really. And the further they go with this, the more they have at stake and the more outlandish their behavior. However, the Repubs are used to this headwind. They have dealt with it since that "dumb, inarticulate" Eisenhower ran against "smart, sophisticated" Adlai Stevenson. Stevenson had a metrosexual taste in ties, like Obama. What's that about? Medical costsRobert Samuelson, in Getting Real about Health Care: It's not about coverage. It's about cost, begins:
Read the whole thing. Of course, the only way to control costs is to limit services. HMOs do that, and people rebel. Besides freedom, what do American people value more than their health (well, plus their guns and Bibles)? Sunday, September 14. 2008God in the public squareTom Brewton directed us to a new piece by Richard Neuhaus in First Things, A New Order of Religious Freedom. It's about religion and politics. One quote:
Another:
If you were a black conservative AmericanIf you are a black conservative, would you consider voting for Obama anyway? Or if you are a white guy or gal, try imagining being an American black guy or gal and ask yourself whether you would vote for Obama, even if you disagreed with many of his basic assumptions, and even if you had some doubts about his preparation for the job. I would be interested in our readers' comments. Saturday, September 13. 2008Self-censorship in China
Teaching easy grading and procrastination in Dallas
At Pajamas. Is this valuing education or devaluing education? That kind of thing would have done me no good at all. I do best with firm and clear structure and expectations, meaningful rewards and harsh consequences. But that's just me, I suppose.
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