This week’s essay of the week is an argument for the corrosive influence of inflation on people’s habits. The question is: which is cause and which is effect?
Essay of the Week: 10/25/09-10/31/09
Reply
Category Archives: Money
Links For Today
We are doomed because we are unable to learn our lesson.
A scandal. That last part of the article calls out the real scandal.
Computer games cure stroke. Sort of.
Links For Today
Using the Air Force to fight winter.
$1.4 Trillion dollars worth of new debt. And that is just getting started.
Links For Today
How dangerous does your mug look?
Social Security will have no cost of living increase for 2010. Sadly, the way the dollar has been dropping lately, seniors might need a cost a living increase next year. But that is how the law is written.
Italians have been making the French look good since the Vandals wiped out what was left of the Roman empire in Italy. This just continues the trend.
Sometimes it is best to go it alone.
Interesting thoughts on the inflation/deflation debate from Macro Man.
The world gone mad part 2. This one will probably be overturned. Americans are ready to give up a lot of their rights. But not the right to own a big screen TV.
College on YouTube
At the college that I went to, most of the faculty had a very progressive, liberal, fault-finding perspective. Most of the students, too. And those that didn’t were generally arrogant and self-assured about the benefits of conservative self-centered self-help.
Now you can go to college on YouTube.
Some of this criticism is spot on. Some of it is ludicrous. Does this commentator honestly believe that all transactions everywhere are always mutually beneficial? Anyone who does not have an MBA and has worked a few jobs should know better. Exploitation is real. Capitalism does a lot better with the “worst form of commerce, except for the alternatives” line of defense than it does with the “does no harm” line of defense.
There are other such things in the commentary to complain about; other blind assertions, fiat declarations of universal rules and benefits, and so forth.
But you know what? The drivel being commented on doesn’t actually deserve better.
I was going to recommend the commentary for any kids young enough not to have experience seeing through liberal hate speech, but I am not sure I know any kids that are both capable of understanding the more complex words and sentences used and also not capable of understanding the inadequacy of the woman’s presentation. So now I am just posting it so you can get disgusted. Enjoy.
Links for Today
Rant of the Week: 10/11/09-10/17/09
This week’s rant of the week is “Mark LaNeve is Insane.”
Links For Today
Cool Pictures of old Russian homes.
Its working out so well for them, let us do it here.
Conspiracy theories abound. Most likely the story is false. In fact, the dollar fall probably would have happened without the story. But the fact that the story is getting so much press time shows how ready to panic people are. Just think about how they are going to panic when they have more then just a rumor to go on.
“The fourth quarter looks brighter”
http://www.businessweek.com/ap/financialnews/D9B2GCRO0.htm
Car sales died in September. Everyone was supposed to expect this because the other name for “Cash for clunkers” is “Buy Tomorrow’s Car Today.”
Put these pieces together:
“It was a more difficult month than we anticipated,” Mark LaNeve, GM’s vice president of U.S. sales, told reporters during a conference call.
[…]
GM’s sales plunged 45 percent to 155,679 vehicles in September, compared with a year earlier. Chrysler sold only 62,197 vehicles last month, down 42 percent.[…]
“As expected, the market returned to pre-Cash for Clunkers levels in September,” said GM’s LaNeve. “Fortunately the fourth quarter looks brighter.”
Yesterday was worse than we expected, but we expect tomorrow to be better. It’s the song of the recession.
Posts from the Ethereal Land
Due to upgrade in the software, post from around the Ethereal Land are not being automatically pulled like they use to be. Here is a couple of the more noteworthy ones that have been missed.
Gifted (Chicken Man)
The Empty Couch (The Silverware Thief)
Assumptions make a fool out of you (Ape Man)
Of course, many others are not being pulled. Maybe we will get that fixed one day.