tag:blogger.com,1999:blog-1207581886255094115.post5922323819565810990..comments2024-02-26T05:51:17.859-05:00Comments on Economic Disconnect: A Week to Remember?EconomicDisconnecthttp://www.blogger.com/profile/02802078645713106743noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-1207581886255094115.post-74806118478478899492010-05-09T10:20:14.342-04:002010-05-09T10:20:14.342-04:00NYTimes front page headline today
>For BP, a Hi...NYTimes front page headline today<br />>For BP, a History of Spills and Safety Lapses.<br /><br />Well at least they were nice enough to show us all those pictures of windmills in their pr releases of the last half decade. Sure made us feel warm and fuzzy. Thanks BP!<br /><br />Oh, and what is an oil producer using pictures of windmills in their pr for anyway? Perhaps it's a good idea to get the warm and fuzzy good-will points from the idiots, and also support a alternative system that will never work (or take market share away from oil). Hugh.<br /><br /><br />>Everything is upside down. True is false, right is wrong, profit is loss, money is debt.<br /><br />Indeed.sedintary statenoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-5421557664874701862010-05-08T15:41:22.490-04:002010-05-08T15:41:22.490-04:00If you want to see how today's cook came out h...If you want to see how today's cook came out here is the thread:<br />http://bubbakeg.com/bboard/index.php?topic=1079.0<br /><br />or<br />http://tinyurl.com/287yatn<br /><br />Good stuff!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-53874933226378625182010-05-08T11:21:36.568-04:002010-05-08T11:21:36.568-04:00Gawians,
great comment.
Anon,
I can be nice, unti...Gawians,<br />great comment.<br /><br />Anon,<br />I can be nice, until its time to not be nice (Roadhouse). I hope I am reasonable!<br /><br />Rain is really coming down today but the cook is going. Cross your fingers!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-55203062735598339332010-05-08T10:51:34.131-04:002010-05-08T10:51:34.131-04:00>See I can be nice again.
The correct word is ...>See I can be nice again.<br /><br />The correct word is 'reasonable', meaning agreeable to reason or sound judgment AND being partial to truth without letting petty emotions derail your thinking.<br /><br />This category encompasses about 2% of the populous in my experience. Tops.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-35401846615521850652010-05-08T09:28:10.173-04:002010-05-08T09:28:10.173-04:00Well, this book won't make you angry as much a...Well, this book won't make you angry as much as it will astounded. The foibles and folly of men, I got to tell you.<br /><br />Look, the thing is this. People like anything with the word "free" attached to it, as in free markets. But nothing is ever really free, there is always a price to be paid.<br /><br />Now, I believe in freedom, free people, free markets, and free enterprise. But I'm not so stupid as to assume that any of that is truly "free." You cannot have freedom without responsibility. You cannot have free people without morality. You cannot have free makets without rules and regulations. And you cannot have free enterprise without transparency and accountability.<br /><br />But we have none of that today. I mean, what can you truly believe? Everything is upside down. True is false, right is wrong, profit is loss, money is debt. It's insane!<br /><br />I think everything in life can be compared to football. There must be boundaries, rules and referees. Only then can men use the game as a vehicle for personal excellence.<br /><br />The only way I see out of this mess is to clearly establish the boundaries, write simple rules and empower referees to enforce them. And then let the players play.<br /><br />Naturally, as a libertarian, I think government should be limited. But I am hardly an anarchist. Without boundaries, rules and referees, the playing field cannot be level and the game becomes nothing more than a street fight. Players then are only out to hurt each other, and no one really wins. Which is where we are today.<br /><br />So, in my humble opinion, what we need to do is start over and get real. But I don't think that's going to happen anytime soon. I think the entire system has to collapse before it can be rebuilt.<br /><br />There will be much pain and suffering in that process, however the inevitable is, well, inevitable.<br /><br />Enjoy your barbeque, GYC. While you can.GawainsGhosthttps://www.blogger.com/profile/16719480047404817864noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-28396427311669202242010-05-08T08:54:01.834-04:002010-05-08T08:54:01.834-04:00Soleil,
glad you liked the tunes. I will check th...Soleil,<br />glad you liked the tunes. I will check that site out. I can fly fish but usually do regular spinning rod fishing. Thanks for stopping in!<br /><br />Dave,<br />I know this off season for the NFL already seems like years! You never know, Tebow could be pretty good. Sorry about the lady situation. I hope you are doing ok.<br /><br />Gawains,<br />I wanted to get that book for vacation but figured it would get me mad so I went with "Hands of Stone" by Christian Giudice. Great read on Roberto Duran.<br /><br />I will be busy all day but I should have pictures up tomorrow of the cook I am doing today.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-22388712809841466752010-05-08T08:22:19.484-04:002010-05-08T08:22:19.484-04:00Well, I certainly agree that something got broken,...Well, I certainly agree that something got broken, or was revealed to be broken, this week. The entire freaking system.<br /><br />I'm going to highly recommend reading Yves Smith's ECONned. It is utterly fascinating. Smith goes into great detail on the degree of rot that pervades the economic system, if what we have today can even be called that. It's not just in the banks, financial and accounting firms. It's in the economic departments of universities, the courts, political bodies at all levels of government, regulatory agencies, ratings agencies, trading floors. Hell, it's everywhere.<br /><br />Smith demonstrates how certain false assumptions about markets, flawed theories and failed models of economics, took hold over the last fify years and metastasized like a malignant cancer throughout the entire economy. Now the symptoms of the disease are manifesting themselves with marked severity.<br /><br />It took decades for us to get to this point, and it may take even longer to repair the damage, if that is even possible. Falsehoods have a way of perpetuating themselves for centuries.<br /><br />One of my favorite books is Inventing the Flat Earth, by Jeffery Burton Russell. Did you know that no one ever really believed the earth was flat? The whole idea that they once did is a complete fabrication, created as a propaganda ploy in the great science vs. religion debate of the 1800s. Yet today it is considered an unquestionable fact.<br /><br />This is what I'm talking about. The only way to become educated is to educate yourself. If you want to understand what is going on today, how it all started and the extent to which falsehoods, flawed theories and failed models are firmly entrenched, perhaps irrevocably so, read ECONned.GawainsGhosthttps://www.blogger.com/profile/16719480047404817864noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-27235969212527473452010-05-08T01:12:25.085-04:002010-05-08T01:12:25.085-04:00Is it football season yet? I'm trying to igno...Is it football season yet? I'm trying to ignore Tim Tebow's religious zeal and focus on his incredible athleticism. I think he's going to be like a pinball - put it in play and watch it light up the board.<br /><br />Looking forward to seeing the rib pics. Just moved to an apt w/a balcony (broke up w/my babe) and I'm BBQ-less for the first time in 18 years. Looking into one of those green egg grills for my balcony.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-53437084994796132712010-05-08T00:34:45.395-04:002010-05-08T00:34:45.395-04:00Great song choices this week! Especially Turn the...Great song choices this week! Especially Turn the Page, good Seger selection. <br /><br />Since you like fishing, you should check out this organization, it sounds so cool:<br /><br />http://www.reelingandhealing.org/au soleil levanthttps://www.blogger.com/profile/15677297462884684534noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-12881313224369261512010-05-07T22:35:47.171-04:002010-05-07T22:35:47.171-04:00Good deal!Good deal!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-26165086962910732432010-05-07T22:23:23.724-04:002010-05-07T22:23:23.724-04:00I'll donate song requests.I'll donate song requests.Lurkernoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-24637830400798942492010-05-07T22:17:30.463-04:002010-05-07T22:17:30.463-04:00Glad you came back with a good song request!Glad you came back with a good song request!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-88631966898294390742010-05-07T22:16:30.796-04:002010-05-07T22:16:30.796-04:00Glad you had a great vacation. Good to see you ba...Glad you had a great vacation. Good to see you back.Lurkernoreply@blogger.com