Larry Reed:
“Equal people are not free, the second half of my first principle, really gets down to brass tacks. Show me a people anywhere on the planet who are indeed equal economically, and I’ll show you a very unfree people. Why?
The only way in which you could have even the remotest chance [...]
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From Sauvik Chakraverti’s Antidote:
“Mint has a little piece that says one-third of all government expenditure is financed by borrowing, and one-fifth of all expenditure goes towards paying interest. They add that out of every 100 rupees spent, 14 rupees goes towards creating assets, while the rest goes towards salaries – that is, towards consumption. Note [...]
“As someone who has been grilled and challenged in the media for making such outrageous statements as “Israel must learn to respect international human rights,” I cannot take seriously the media’s claims to “objectivity”. If this were the norm, no Israeli hasbara campaign would have even dented public perceptions of the criminal war. No unfeeling [...]
Well, no. I’m not really lost. But I’m in the Andes alright. And my computer cable is lost, although lost isn’t the right word. Swiped is. As in, swiped by some blighter who grabbed it out from me while I was, of all things, trying to check my stuff into the left luggage. May it blow up [...]
I sometimes read Zerohedge for the comments rather than the posts. It never fails to disappoint, as you can see from these two gems from the recent debate on whether financial innovation is a good thing, between Jeremy Grantham and Richard Bookstaber for the nays and Myron Scholes and Robert Reynolds for the ayes:
by MikeNYC
on [...]
“It sounds like selling a car with faulty brakes and then buying an insurance policy” on the driver,”
– Financial Crisis Inquiry Commission Chairman Phil Angelides (D) to Goldman Sachs CEO Lloyd Blankfein.
Well, well, well,
So that doesn’t sound too different from what we said in September 2008, does it?
And it sure sounds just like what the [...]
The old world, with its failures, weaknesses, and poverty, has at least a proper estimation of the limits of human action, says Pankaj Mishra, writing in the New York Times, last August:
“India may have been passive after the Mumbai attacks. But India has not launched wars against either abstract nouns or actual countries that it [...]
Gerald Celente of Trends Research Institute is out with his 2010 predictions. And most of them are not for the faint of heart:
The Crash of 2010, as the effects of the stimulus wear off
Another 9-11, as more blow back for US foreign policy hits the homeland
Israel attacks Iran, perhaps sparking WW III
Crackdown on illegal immigrants
Bigger [...]
Newsweek, getting on the survivalist bandwagon…months late…(see my piece “Getting Off the Grid“).
You read it first here or on some other libertarian site…then it percolates upward to the “elites,” carefully sanitized of its origins. An anthropology of the taboos and totems of the journalistic tribe is in order..
“In the end, what it all boils down to, at least [...]