A Discordian Dilemma
08/03/2009
“ Trying to construct a coherent personal economic ideology out of a Rand novel is as realistic, likely, and sane as trying to set up a street gang using The Outsiders as your manual. „
Hey, Greaser! by Monsieur IOZ
Quote posted at 09:37
24/02/2009
“ Meanwhile, the economy continues to tank, imperial war is spreading, rendition and torture continue under different names and softer lights, but for many liberals the pressing issues are tribal identity and political obedience. Well, you get what you pay for. „
Circling The Drain by Dennis Perrin
Quote posted at 18:19
21/02/2009
“ It is now clear that this is the worst financial crisis since the Great Depression and the worst economic crisis in the last 60 years. While we are already in a severe and protracted U-shaped recession (the deluded hope of a short and shallow V-shaped contraction has evaporated), there is now a rising risk that this crisis will turn into an uglier, multiyear, L-shaped, Japanese-style stag-deflation (a deadly combination of stagnation, recession and deflation). „
Laissez-Faire Capitalism Has Failed by Nouriel Roubini
See also: credit crisis for dummies
Quote posted at 23:05
20/02/2009
“ … just replace “brick” with 9/11, “trash” with “everything”, and “mob” with “government” and you see what has me all pissed off. „
extortion explained by flick
Quote posted at 12:26
17/02/2009
“ ‘Going forward,’ he said, “each and every time we’ve got an initiative, I’m going to go to both Democrats and Republicans and I’m going to say, ‘Here’s my best argument for why we need to do this. I want to listen to your counterarguments. If you’ve got better ideas, present them. We will incorporate them into any plans that we make, and we are willing to compromise on certain issues that are important to one side or the other in order to get stuff done.’ „
Obama Riding the Wave by Bob Herbert
Quote posted at 07:49
16/02/2009
“ The truth is, I don’t particularly care whether you call me a “progressive” or not. In fact, I’m suspicious of people who line up on the same side of the ideological divide on every single issue. The world is more complicated than that, especially when one strives to see the world through a scientific, empirical lens. While progressives, in my view, clearly have the preponderance of good ideas, they do not have a monopoly on them. Nor do conservatives have a monopoly on bad ideas, especially when radical progressives flirt with Marxist modes of discourse. „
The Two Progressivisms by Nate Silver
Quote posted at 15:55
“ this idea that every issue (e.g. the financial crisis) is a security issue is truly an artifact of our moment. it displays the continuing mutation of the u.s. into a security or police state, in which the model of response to anything, the basic form of understanding, is a domestic application of a military-style command structure. of course it entails that the response must be a state response, since the security of the nation (i.e. “homeland,” a term that obama likes as much as bush did) is a state matter. it is also, of course, just an attempt to render the terrain a complete mind-numbing confusion, and to emphasize in every context government responsibility for the safety of citizens, to inject the tinge of physical fear into every matter. „
Professor Crispy (via pime)
Quote posted at 09:08
15/02/2009
“ Because Republicans are isolated in that parallel universe and believe all the noise in its echo chamber, they are now as out of touch with reality as the “inevitable” Clinton campaign was before it got clobbered in Iowa. The G.O.P. doesn’t recognize that it emerged from the stimulus battle even worse off than when it started. That obliviousness gives the president the opening to win more ambitious policy victories than last week’s. Having checked the box on attempted bipartisanship, Obama can now move in for the kill. „
They Sure Showed That Obama By Frank Rich
Quote posted at 09:25
12/02/2009
“ Deregulation in the US has gone a little bit too far. The market can’t be omnipotent. „
China to stick with US bonds By Henny Sender
Quote posted at 08:01
10/02/2009
“ If they had not done that, their estimation is that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it. „
How The World Almost Came To An End At 2PM On September 18 by Tyler Durden
Quote posted at 14:18
