Entries Tagged as 'money'

A Bill of Claims

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An alarming thing has happened and the most alarming bit is that no one is alarmed. Things seem to be proceeding apace in Egypt and the intellectuals are salivating at the prospect of a new Egyptian constitution, to be drafted by around June. That doesn’t leave much time so they are soliciting advice from foreign corners and from one corner was dislodged sitting Supreme Court Justice Ruth Bader-Ginsburg who used the occasion to suggest that under no circumstances should the Egyptian reformers consider the US Constitution as any sort of guide. It is, after all, laughably aged and enfeebled. Much better ore is to be had in the post-War world. Look right at 10:00 to see where she swallows the Constitution she has sworn to defend in one gulp. Most emphatically does she advise the Egyptians NOT to look at this document for guidance even as she describes the ordinary Rights of public participation and arrest that have been made real in the world, in large part, because of the attention given them in our Constitution and the spread of these, through means fair and foul, to every aspiring society.  How the Egyptian fellow did not show shock or even surprise is a bit mysterious but a larger puzzler is how this could have been on youtube for a week and only now drawing attention. Hopefully this was a clever bit of disinformation. The dimmest Cairo cabbie could not fail  to realize, Ginsburg is a Jew. Perhaps the State Department and the Justice came up with a plot of reverse-psychology. “Ruthie,” Hillary might have told her. “You go in and you tell ‘em, don’t you look at our Constitution. There is NOTHING in there for you, and they will tear into it like Bill through a Ladies’ Auxiliary!” But no, with the specifics and enthusiasm it is plain, this is Ginsburg Unplugged. [Read more →]

Superman lacks super understanding of economics, causes of crime

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In Action Comics #8, published in January of 1939, Superman decides that housing conditions are responsible for juvenile delinquency. If only kids didn’t live in slums, they wouldn’t be getting in trouble with Superman. But what to do about the existence of slums? Superman sees a newspaper article that gives him an idea (click on any image to enlarge).

Residents are warned to remove their belongings from the homes. Then the world’s strongest man springs into action. [Read more →]

The plague of fake

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A fake candidate has ended his fake campaign. Or did he? Jon Huntsman is far, far from a household name like Spiro Agnew or Alger Hiss. Largely, the relief of that condition was his reason for running. Not that this should indict Huntsman particularly, it is the case with anyone whose name you have heard on the ballot at any but the most piddling level and once said level of piddle is achieved… Katy, burn the barn! Yes, the evidence is in and we find it as have all honest observers of politics since time begins. It is not merely that the trough of government draws pigs but it also turns the odd honest man or woman  who blunders to office into boar or sow respectively. Lord Acton told us not just that absolute power corrupts absolutely but that power corrupts; it corrupts proportionately as the petty tyrants of your Home Owners Association demonstrate, it corrupts opportunely as we see in the semi-secret rapes of children by authority figures in sports, academe and the cloisters. Subtle power corrupts with subtlety. Profane power corrupts profanely. Incremental power corrupts incrementally and provisional power corrupts provisionally; this last is the best state we can hope to achieve. [Read more →]

A cave with a sunset view

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Maybe we shouldn’t have the end of the year during the holidays. Yes, it is one of the holidays itself but maybe they are too concentrated here on the long tail of the annum. Legislative and other periods link to the end of the calendar year causing deadlines to loom just when offices are empty or emptying. Once phones rang unanswered from Thanksgiving Wednesday to January 2nd. Now they roll over to voice. Which is more cruel? There are a few folks still on the job although they eye the clock nervously and jostle their keys. They are trying to “get things done” and whatever that means it apparently means the same thing two days before Christmas as it means on any other day at the Capitol and the White House. [Read more →]

The plague of skooch

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Media automation and access sometimes still let you down. There was an excellent video on the local news which I cannot find a link for. If only I had taken the lo-tech approach when it aired and scribbled down a few notes or at least written the channel on my arm. A more practical explanation of the predicament is here but I will try to reproduce the irony and agony of the original piece that we might call The Pie-man Learns About Free Money. [Read more →]

Le taunt francais surs touts le monde!

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In days of old when knights were bold the French used to call being gay, The British Disease. Of course the yobs called it The French Complaint. With today’s accusations against the Brits from the French, it amounts to a similar near stalemate. France is pushing back on the ratings agencies warning that their Triple A is about to be cut. Mes amis, cut them, not us, you know why? Blah blah. It’s the classic diverting behavior of the addict, in this case the addiction is to printing money. And that is one I can understand quite well. I’m about ten stitches away from running off a few Benjis myself at the Kinko’s. But it doesn’t “work” for me or them in that the practice, like treating anemia with leeches, makes the underlying conditions of which the downgrades and high borrowing costs are a symptom, fatally worse.

But the ratings agencies DO have it right, at least in regards to France vs Britain. Sarkozy’s peeps point to minor advantages they have over Cameron’s crew on macro numbers like debt:GDP, total size and overall growth. The margins are not impressive although some of it was surprising. I thought Britain had more growth than France even now but nothing goes with snark like a bit of cherry picking which I’m not about to try to rubbish piecemeal.

The reason France is clearly a worse credit risk than the UK is obvious. [Read more →]

Obama lights the economy tree

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Occupy Wall Street’s government problem

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The plague of smart

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There is a nasty little radio spot airing nationally. It promotes “green” appliances and goods generally; swirly bulbs, “efficient” washers… that sort of thing although the specifics are tactically muddied. The ad pitches to a curiously young demographic. We’ve all met “Timmy”. Like Dickens’ Tiny Tim, Timmy is infectiously cute and contrived to pull at your major arteries. Timmy wants to go to the State Fair! Well, maybe he did and maybe he didn’t. Maybe he didn’t know there was such a thing as a State Fair but the announcer, whose relation to Timmy is unexplored, asks him breathlessly, “Do you want to go to the State Fair?” Of course he does! Sorry, you can’t. You see, Timmy, your parents are NOT using green, energy efficient doo-dads but the old busted bulbs and machinery, causing them to spend more on utilities and draining their pockets of the gas and ticket money necessary. If only your folks had bought the new, government approved and promoted doohickeys they would have been able to take you there for candy floss and teacup rides, whatever those are. If they get on board today then you can go to next year’s fair. “But I want to go NOW!” Radio Timmy coaches Timmies across the land in whinery to cajole mums and pops into replacing their eight-for-a-dollar earth-warming heat globes with pigtail bulbs at $8 dollars or more a pop. Needless to say, this public service message was paid for by Your Federal Family which draws its budget from you. [Read more →]

A very metric Christmas

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It was slow in coming but fast in going. If you blinked, you missed it: the Christmas Tree Tax. As government grasping goes, it was pretty thin sauce. The proposal was for a 15-cent levy on every cut Christmas tree sold, collected by the Dept of Agriculture and released to an as yet non-existent Christmas Tree Promotion Board or somesuch. Let’s not ponder overlong how it is that a government scarcely able to mention “Christmas” finds no issue of church/state separation in collecting the lunch money for the National Christmas Tree Association. Also we will ignore that the White House will never pay that fifteen cents since their trees are donated which is considered a high honor, if not a fine commercial, for the grower. And of course, as the resident gunslingers explain, this is not a tax and is being delayed with far more fanfare than which it was proposed. To next Christmas? They do not say. [Read more →]

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