December 19, 2011

DOOM: I want to do right but not right now
— Monty

DOOOOM

The death of Kim Jong-Il may mark the beginning of North Korea's slow climb out of abyssal misery...or it may mark the beginning of a chaotic meltdown of this dysfunctional "Hermit Kingdom". (This has been a bad year for crazy villains, hasn't it? Khadaffi, Osama bin Laden, and now Kim Jong-Il.)

Knock me over with a feather: the ability to delay gratification is a hallmark of responsibility and probity; the lack thereof is a good sign of irresponsibility. I've often thought that many people deep in credit-card debt ought to have to go about wearing a POOR IMPULSE CONTROL sandwich board.

Fitch to seven global banks: BAM!

A good primer on terminology and relationships in the securities trading business, if youÂ’re interested in that sort of thing. ItÂ’s written in regular-person language, not finance-geek language.

You what chicks really like? Toilets.
Boy, and I though the poor orphan Oliver Twist had it bad. This is just inhuman! ItÂ’s like slavery times, only with the stink of mochachino and overpriced pastry in the air.

Poverty is more a behavioral problem than it is a lack of skills or economic opportunities. There is an almost-guaranteed path to not being poor for most people: graduate high school, get (and stay) married, and don’t have kids until after you’ve gotten married. (Though this advice is a “necessary but not sufficient” recipe, of course.) The degradation of marriage in the post Great Society era is one of the great evils of the age, and it can be laid almost entirely at the feet of Democrats. It’s striking to see how two former linchpins of civilized society -- marriage and religious faith -- have become rituals observed mainly by the well-off in the modern age.

The benighted isle of Albion has fallen far from the globe-spanning empire of more than a century ago, but perhaps the Brits have at last tried to arrest their downward descent. It may be too late...but maybe not.

Is modern capitalism sustainable? Well, if you understand “modern capitalism” to include a generous dollop of old-fashioned Socialism/Marxism, then no; it isn’t. The modern welfare state is driving everyone bankrupt. “Capitalism” is a reflection of reality, and by necessity always reflects the character of the people who engage in it: what we call the “economy” is just people doing what people do. The unprecedented explosion of credit (and hence of debt) in the modern age is not inevitably the result of untrammeled captialism so much as it is the unbridled lust of sovereign nations to hold a monopoly over the issue of currency. The move to a purely fiat global monetary system is the primary evil besetting the current capitalist age (so I say); that, and the traditional habit of sovereigns to debase that currency towards mainly political ends.

Portuguese socialists threaten ‘nuclear default’. This is the main problem with all of the promises, compacts, and “deals” during the EU crisis: the politicians can swear stout oaths to implement austerity and to force social change, but when all is said and done the people of these countries will either vouchsafe those promises or break them. And in Southern Europe, where the welfare state has passed from civilizational privilege to a feature of the landscape, the people show few signs of actually implementing those reforms being promised on their behalf.

I want you to try and parse the following sentence. You will receive ten points of extra credit if you can explain it in such a way that it a) makes economic sense, or b) even makes sense as an English language construction.

The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.

You know whatÂ’ll kill your household food budget? Stinky specialty cheese. What, youÂ’re too good for Velveeta or Cheez-Wiz?

Fitch: Yeah, you know that big Euro “fix” that Merkel and Sarkozy have been talking up? It probably ain’t gonna happen...because it probably can’t happen.

Romney? A “creator”? Yeah...I dun’ theenk so, Lucy. I mean, I’m on board with the whole “Obama is a taker” thing, but Romney is a “creator” in the same sense that I am a ninja. (Which is to say: in my own mind and no where else.)

“Conservative” pundit David Frum is possessed by the astrally-projected spirit of Teh Krugman.

Communist Muppets and Capitalist self-loathing. The technical term for this kind of thing is oikophobia, or hatred of self. Bill Whittle did a masterful piece on this topic not long ago.

If we want American to be a “startup nation” again, we must reward risk-taking and entrepreneurship. In particular, we must reduce the smothering tax and regulatory burdens currently placed on businesses. We also need to produce citizens that are comfortable with the risks and hard work required to get a new business off the ground.

Even though our governments have been one long cavalcade of utter failure, we shouldn’t lose faith in government. Because they mean well, and in the happy land of fantasy that all of us good liberals inhabit, intentions matter more than actual results. Plus, you know who’s causing our politicians to be so useless? Big Business, that’s who. (That this credulous chump can even write the words “even more expert policymaking is needed” without bursting into flame should tell you the general level of clue you will find in this piece. Which is to say: none at all. As unintentional comedy, however, this essay succeeds fabulously.)

British poets refuse to compete for dirty Jew financier gold. Yet they have no such compunctions about taking money extorted from taxpayers and ladled out by the government. Let them revel in their own obscurity. They are the dingleberries on the asshair of the human race. T. S. Eliot would have mocked these stooges mercilessly via poetry that is light-years better than anything being produced in the hallowed halls of Academe today.

What's the Mandarin for "Tea Party"?


Posted by: Monty at 05:04 AM | Comments (184)
Post contains 1027 words, total size 9 kb.

1 Barack Obama is a stuttering clusterf*ck of a miserable failure.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:05 AM (KxyHe)

2 The kitty is not happy

Posted by: Velvet Ambition at December 19, 2011 05:06 AM (mFxQX)

3 Oh Santa kitty is piiiiiisssed!

Posted by: Tami at December 19, 2011 05:07 AM (X6akg)

4 And someome is going to pay

Posted by: Velvet Ambition at December 19, 2011 05:07 AM (mFxQX)

5 The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.

"Buy stuff because I said so."

Alternatively:

"The Government should be able to force you to buy stuff."

Third Alternative:

"The Government should buy stuff, regardless of whether it needs or can afford it, because those stingy peasants won't go deeper in debt in this uncertain economic situation."

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:09 AM (KxyHe)

6 Teh evil Santa Kitteh. Will not see him on the schmaltzy Christmas movie selection at Hallmark.

Posted by: Vic at December 19, 2011 05:10 AM (YdQQY)

7 The kitty is not happy Posted by: Velvet Ambition at December 19, 2011 09:06 AM (mFxQX) I think someone is gonna get a lump of something in their slippers this Holiday Season

Posted by: nevergiveup at December 19, 2011 05:10 AM (i6RpT)

8 Add KJ-I to O's "List of Dictators I Have Slain."

Posted by: jakeman at December 19, 2011 05:10 AM (POByM)

9 The Norks will just get another crazy. There is no hope there.

Posted by: Vic at December 19, 2011 05:11 AM (YdQQY)

10 Okay, early risers.  New post up at my place.

Go there.  Look around.  Visit sponsors.

Because it's my birthday.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:11 AM (KxyHe)

11 The Norks will just get another crazy. There is no hope there.

I wonder if any of them are rooting for Team Meteor, or if they've all been sufficiently brain-washed that they really believe they have it better than us?

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:12 AM (KxyHe)

12 if they've all been sufficiently brain-washed that they really believe they have it better than us? Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 09:12 AM (KxyHe) I bet the Generals who hold the real power have a pretty good life

Posted by: nevergiveup at December 19, 2011 05:13 AM (i6RpT)

13 happy birthday allen!!!

Posted by: phoenixgirl at December 19, 2011 05:13 AM (Ho2rs)

14 LOL, I saw that article about the Starbucks in NYC yesterday. Woman worked at the busiest one in NYC for $10/hr. $10/hr in NYC will not buy you 3 meals a day, much less pay rent unless you are a black politician in Harlem living in rent control apartments.

Posted by: Vic at December 19, 2011 05:15 AM (YdQQY)

15 Thanks, Phoenixgirl!

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:15 AM (KxyHe)

16

There is an almost-guaranteed path to not being poor for most people: graduate high school, get (and stay) married, and donÂ’t have kids until after youÂ’ve gotten married.

Gee Thomas Sowell has been saying that for decades. Are these people not listening?

Posted by: Vic at December 19, 2011 05:17 AM (YdQQY)

17

I'm not entirely convinced people are blowing large amounts of money on honey.

I did stop buying expensive cheese at the more-expensive grocery store and instead only get it at the cheaper place.

Posted by: Mama AJ at December 19, 2011 05:17 AM (XdlcF)

18 $10/hr in NYC will not buy you 3 meals a day, much less pay rent unless you are a black politician in Harlem living in rent control apartments.

If it will, it's a close thing.

Now, I've done my stint in the Food Services Industry (worked in a pizza place in HS, and did a "it's better than being unemployed" stint at Olive Garden as a waiter for a while), and I know it sucks.  But I don't care how bad it is: it's better than being unemployed.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:17 AM (KxyHe)

19 Happy birthday AllenG.

Posted by: Vic at December 19, 2011 05:18 AM (YdQQY)

20 Dressing it up like that would be the only reason to have a cat.

Posted by: dagny at December 19, 2011 05:18 AM (1RaCw)

21 Are these people not listening?

Well, most of them don't even know who Thomas Sowell is (more pity to them).  But, no, they don't particularly like having to take personal responsibility for their situation.

I think, after I've run out of topics about Liberty at my new place, I'll turn it around and try to delve into the minds of those who willingly surrender their liberty and those who are so willing to take it from others.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:19 AM (KxyHe)

22 Thanks, Vic.

Feeling better?  Can you drink cold drinks, yet?

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:20 AM (KxyHe)

23 From that Rogoff piece:

Continental European capitalism, which combines generous health and social benefits with reasonable working hours, long vacation periods, early retirement, and relatively equal income distributions, would seem to have everything to recommend it ......

I don't know who this idiot is, but obviously he does not have a clue as to what capitalism is. That is the problem with these leftest. The represent the ignorant and active portion of the academic world. They are stupid, and too stupid to recognize it. 

Posted by: Vic at December 19, 2011 05:21 AM (YdQQY)

24 If it will, it's a close thing.

No, it would be a close thing here in rural SC. in NYC not a chance.

Posted by: Vic at December 19, 2011 05:23 AM (YdQQY)

25 Good doomy Monday all.

Happy birthday Allen.

Crazy week ahead for me. Leave here tomorrow, drive 5 hours to Seneca, SC for interview on Wed. then drive back.

Posted by: Scott J at December 19, 2011 05:24 AM (KC2BE)

26 Oogo Chavez is on the ropes. Maybe he'll join the dead dictator club, too, in the next 10 days...

Posted by: Alice's Clone Army at December 19, 2011 05:24 AM (awkov)

27

I can only hope that the death of Kim Jong Il will be the first step toward North Korea climbing out of its hermitage.  The dimwit son who'll take over for him doesn't look like the brightest bulb on the tree, and while looks can be deceiving, they can also be damn accurate.  As Bill Corbett says during the Rifftrax for Sons of Hercules, it's rare that you can tell a character's IQ by the way they run.  Well, it's equally rare that you can tell a North Korean dictator's IQ by the way they hold a pair of binoculars, and yet...

As I did with Mummer Gadfly's death, I will happily spit on Jong Il's grave and pray for the best for that godforsaken country and its people. 

Ding, dong!
Jong Il is dead.
Which Jong Il?
Kim Jong Il.
Ding, dong
The son of a bitch is deeeead!

Posted by: MWR, Proud Tea(rrorist) Party Hobbit at December 19, 2011 05:24 AM (4df7R)

28 B+rry Christmas!!!! Ho! Ho! Ho!

Posted by: Santa Sherriff Joe Biden at December 19, 2011 05:25 AM (MQuwJ)

29 Feeling better?  Can you drink cold drinks, yet?

I'm OK today and I will try about noon. It will be 72 hours after removing the pump so should be ok. They said 48 originally but it is now taking longer. When I disappear around noon ya'll will know where I'm at. 

Then back for another session next week.

Posted by: Vic at December 19, 2011 05:26 AM (YdQQY)

30 26 Oogo Chavez is on the ropes. Maybe he'll join the dead dictator club, too, in the next 10 days...

Posted by: Alice's Clone Army at December 19, 2011 09:24 AM (awkov)

We can hope.  But if he dies in the New Year, I think we can all agree that that will be the second best thing to happen in 2012.  The first, of course, will be Obama being trampled into the mud by the stampede of voters rushing to the ballot box to vote him the hell out of office.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit at December 19, 2011 05:27 AM (4df7R)

31 Kim Jong-Il and Vaclav Havel died within 36 hours of each other.  Discuss.

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at December 19, 2011 05:27 AM (GBXon)

32 Good Luck Scott J.

Posted by: Vic at December 19, 2011 05:27 AM (YdQQY)

33 Anytime I see a homeless person I like to say, "They didn't get there because of one bad choice or one stroke of bad luck; they got there solely through a series of bad choices, bad decisions piled upon bad decisions."
No, I don't feel sorry for them. The notion that somehow a lighting strike from Zeus is all that landed a person on the streets is a myth--a horrible lie spread by the do-gooders who are too damn silly to face reality so they invent stories to pretend that they can fix the problem. It has nothing to do with helping and everything to do with making themselves feel better.

Don Quixote Liberals, that's all we have left today--they fight imaginary problems with our money because it's too hard and dangerous to fight real problems.


Posted by: Jimmuy at December 19, 2011 05:27 AM (8SQ/2)

34 The notion that somehow a lighting strike from Zeus is all that landed a person on the streets is a myth--a horrible lie spread by the do-gooders who are too damn silly to face reality so they invent stories to pretend that they can fix the problem.

This is not entirely true.  It's more true than false, but it's not entirely true.

It's also a huge part of why I think the Government should be out of the Benevolence Business.  Private Charities actually have ways to take care of those situations.  Most churches choose an "ignore it" approach- but at least we're not able to demand your money.  Most others require that even the homeless put forth some effort to improve their own circumstances.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:30 AM (KxyHe)

35 Happy Birthday Allen.

Good Luck Scott

Posted by: Pecos, Perry in a blaze of Glory at December 19, 2011 05:31 AM (2Gb0y)

36

"The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output."

 

Translation: "Build it and they will come>"

Posted by: Nomennovum at December 19, 2011 05:31 AM (pV1Y8)

37 On a completely different (though sort of DOOM-y way) does anyone else want to rent a helicopter just to hover over their local mall on Saturday and laugh at the people who are still trying to shop?

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:32 AM (KxyHe)

38 The worse doomy thoughts I have center around the possibility that the people of America are in such a state of moral decay that trying to reform the system is impossible. The second worse doomy thought I have is there isn't enough time to reform or change course before running of the economic cliff ahead of us.

Posted by: President Chet Roosevelt at December 19, 2011 05:33 AM (fBMdj)

39 I know of people who get near-on $10k back in "taxes" every year. All of it goes up their noses.
But, if you asked them, they'd have a list as long as your arm as to why they can't get ahead--chief among them would be racism.
That's again the evil of modern liberalism--they give people chains and call it freedom.

Posted by: Jimmuy at December 19, 2011 05:34 AM (8SQ/2)

40 Now, for those of you who believe in divine providence like me let me share these things glaring at me:

In my phone interview on Friday I let slip I'm a gun guy. Turns out the guy I'm interviewing with (who I assume I would report to if hired) is a gun guy too. He has a hobbyist machine shop in his house.

I already had Wed off just as a way to burn one of my last few remaining use it or lose it vacation days. Knowing logistics of getting me over there for an on-site could be tricky with the holidays I mention this to the recruiter. She presented the option to the company and they jumped on it. They're paying mileage, food and hotel.

Just a couple hours after confirming I'm going to SC for the interview a local recruiter calls to tell me my best prospect here isn't probably going to pan out for the next 3 months if at all.

My wife and I like house shopping (selling, not so much) and we spend some time on Realtor.com Friday night as I was stuck in the office supporting an install that didn't go well (VPN issues). I find a house a mere 2 miles from the potential new gig. We both like it and as we're looking at pictures we discover that the two bedrooms we'd put the kids into are already painted in their favorite colors (pink for my daughter and green for my son).

Obligatory Doom content: really worried about getting our current place sold if I do get an offer.

Posted by: Scott J at December 19, 2011 05:34 AM (KC2BE)

41 $tarbucks Joe Jerks make $10/hr?  That's a whole lotta smug for the price of a Grande with room for cream.

Posted by: Fritz at December 19, 2011 05:34 AM (/ZZCn)

42 Anytime I see a homeless person I like to say.....

Most of the "homeless" people on the street are there due to mental health problems or drug/alcohol dependency. You can thank the ACLU for that.  They are better off on the streets than in an institution being cared for.

Posted by: Vic at December 19, 2011 05:35 AM (YdQQY)

43 39:  I don't know about you, but those are textbook Good Signs.  Here's hoping the more concrete details pan out as well for you!

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44 Allen @37, no. Because I can feel the Doom black hole that is all the buying on credit and worry it would suck the chopper down.

Posted by: Scott J at December 19, 2011 05:36 AM (KC2BE)

45 No, I don't feel sorry for them.

I have pity for the homeless and down on their luck -- I just don't extend that pity out to assuming that their predicament is my fault. Many of the hardcore homeless suffer from a multitude of problems: alcoholism, drug abuse, mental illness, personality disorders. With the exception of mental illness, these are maladies that the sufferers brought upon themselves.

It's wrong to let charity become a form of moral blackmail or indulgence you pay for free-floating guilt. At that point it's no longer "charity", but fraud.

Too many people give alms to make themselves feel better, not the needy person, and I think that's a moral fault in both the alms-giver and the beggar. I've always believed that the best kind of charity comes from your community, friends, and family. A handout is what you get from a stranger or the government; a hand up is what you get from a friend.

Posted by: Monty at December 19, 2011 05:36 AM (FC+dS)

46 That UK foreign policy piece has an amusing aspect where the Euro 'Fiscal Union' project is referred to as the 'FU'.

Yeeeeaaaah.  I think that sums it up rather nicely.

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at December 19, 2011 05:37 AM (GBXon)

47 Thanks for the wishes, all, and if you're the praying sort keep it up. I'm trying to put this all in His hands.

Posted by: Scott J at December 19, 2011 05:38 AM (KC2BE)

48

Watching John Bolton on FOX talking about NK. as they mention the people mourning in the streets he cant help but laugh, and then returns to a serious expression.

LOL

Posted by: Jimmah at December 19, 2011 05:38 AM (TMeYE)

49

Anytime I see a homeless person I like to say, "They didn't get there because of one bad choice or one stroke of bad luck; they got there solely through a series of bad choices, bad decisions piled upon bad decisions."

And we can't ignore the very real issue of mental illness that drives a lot of people into the streets and keeps them there.  For all its ills -- not the least of which being its dependence on public funds -- forced institutionalization kept a lot of mentally ill people off the street.  When that went away in the sixties a lot of those people had nowhere to go, especially with the degradation over time of our religious institutions, which typically would have taken up the burden of caring for those who can't care for themselves.  Families didn't want them, community health centers didn't have the resources to handle them, and they couldn't take care of themselves.  It's a cycle that's continued to this day.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit at December 19, 2011 05:39 AM (4df7R)

50

$tarbucks Joe Jerks make $10/hr?  That's a whole lotta smug for the price of a Grande with room for cream.

Of all the marketing moves in history, that Starbucks convinced millions of people to pay $5 for coffee is the greatest.

 

Posted by: Circa (Insert Year Here) at December 19, 2011 05:39 AM (B+qrE)

51 Interest rates are, and have been held artificially low for a long, long time.  I think, in my weak mind, that this probably fits the definition of a bubble, only in reverse.  I wonder how long this can be maintained?  Will market forces ever overcome artificial manipulation of interest rates?  I bet the government hopes not.  Even a couple points hike in the interest rate would spell disaster on $15 trillion.  If the rates ever started running away, well, we'll need a new word for DOOM, imo.

Posted by: Hussein the Plumber at December 19, 2011 05:40 AM (jx2j9)

52 On the house shopping thing we're looking at a price point 20K below where we bought our current.

Hoping to shrink the monthly mortgage burden so we can buckle down and get responsible and get debt free other than the house in 5 years (or less)

Posted by: Scott J at December 19, 2011 05:40 AM (KC2BE)

53 Of all the marketing moves in history, that Starbucks convinced millions of people to pay $5 for coffee is the greatest.

I don't know about that. I thought I did pretty good.

Posted by: Pet Rock fad at December 19, 2011 05:41 AM (YdQQY)

54 Obligatory Doom content: really worried about getting our current place sold if I do get an offer.

Those do sound like good signs.

As for selling the current house: if it's taking too long, be open to renting.  It's nowhere near as good as selling it outright, but it's far better than paying two mortgages.  And, I don't know about your area, but in mine, there are a lot of people who are willing to rent a house who don't want to buy one specifically because of today's economic uncertainty.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:42 AM (KxyHe)

55 Happy Birthday Allen! 

Posted by: Kratos (Ghost of Sparta) at December 19, 2011 05:42 AM (9hSKh)

56

I find it interesting that even as "Tebowing" catches on, the media refuses to acknowledge it as anything more than "honoring a Quarter Back". The idea that HE did it as a gesture of his Christianity, is deliberately lost in the reporting.

If any Conservative Candidates are listening: I think the first one who acknowledges the 2500 year old Judeo-Christian Heritage that actually led to the creation of this country will win big points with the Tea Party. Perry is trying to score points with Christians, but so far it's only acceptable to his kind of Christians. It's not necessary to rough up the Muslims or Gays in the process of getting the message across. Just point out that this country was founded by Christians seeking political asylum and sanctuary like we were taught when we were kids. Ask why it would be any less politically correct to celebrate Christmas than it is Hannukka, Ramadan or Kwanza?

Posted by: Mr. Obvious at December 19, 2011 05:42 AM (2uovW)

57 I don't know about that. I thought I did pretty good.

Posted by: Pet Rock fad at December 19, 2011 09:41 AM (YdQQY)


Our commercials still grace late night TV often, you piker.

Posted by: Chia Pets at December 19, 2011 05:43 AM (KC2BE)

58 The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, 


Husband; I demand you put out more , Or i will find someone willing to PutOut more..?

so that more output is demanded for any given level of output
. add viagra?


Posted by: willow at December 19, 2011 05:43 AM (h+qn8)

59 This weekend there was an article about a woman moving up from a $25k/yr job to a $35k one. I didn't keep the link cuz it disgusted me so. You see, horror of horrors, her take home pay went down!
 
This happened because the higher base pay reduced her Section 8 voucher, knocked out some of her EICs, trimmed her child care supplement, and so forth and so on.
 
The writer then went to lament that reforms are needed so she could keep all the goodies and make more money too. THAT was what disgusted me so much.

Posted by: GnuBreed at December 19, 2011 05:45 AM (ENKCw)

60 To those whom though I was crazy the other day...(I'm still plenty crazy.. but not about everything)

Wash Times article on Condi for VP

http://tinyurl.com/7com37t


Would still love to hear what informed social, economic, and government conservatives think of her.  Because if she is unacceptable then we need to let be clear about that from the beginning.

Posted by: Shiggz - Newt (Warp 6.3) at December 19, 2011 05:45 AM (RfvTE)

61 no riddles until more coffee is ingested.
i am demanding more coffee, before output, it's all your fault Monty, i will be going nuts all day.
 thanx.

Posted by: willow at December 19, 2011 05:45 AM (h+qn8)

62 Posted by: willow at December 19, 2011 09:43 AM (h+qn

Penis pumps!  They're free through medicare.

Posted by: Hussein the Plumber at December 19, 2011 05:45 AM (jx2j9)

63 Thanks for the the Birthday wishes!

The idea that HE did it as a gesture of his Christianity, is deliberately lost in the reporting.

Of course it is.  Even more than liberal politicians, the national media NEEDS depravity and moral corruption.  Christianity puts a damper on that.  Simply by being "the good kid" in High School, I kept a lot of kids out of trouble (more than I knew while I was still in HS, it turns out) because they found it hard to justify their own behavior when I was pretty obviously quite content without going out and getting drunk on the weekends.

And I wasn't nearly as out-spoken about my Christianity then.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:45 AM (KxyHe)

64 Delayed gratification is definitely something I have been working on.  Unfortunately, shopping is one of my favorite hobbies. 

Posted by: Madame Queen at December 19, 2011 05:45 AM (5rYzF)

65 Anytime I see a homeless person I like to say..... "Why, yes. I do have plenty of spare change. Thanks for asking, you homeless piece of shit." Saw that on a t-shirt once.

Posted by: Empire of Jeff at December 19, 2011 05:45 AM (vzFJV)

66 heh love the Christmas kitteh

Posted by: chemjeff at December 19, 2011 05:45 AM (s7mIC)

67 That's velveeter to you, cheese snob!

Posted by: Big Zesty at December 19, 2011 05:46 AM (r5bw0)

68 In another good sign it was mentioned in Friday's phone interview that even in this economy they're running 3 manufacturing shifts and they are part of a larger conglomerate who also owns the foundry that supplies raw material.

The unit I'm interviewing with is consuming 100% of that foundry's output and another is being sought for purchase.

Posted by: Scott J at December 19, 2011 05:46 AM (KC2BE)

69 Poverty is more a behavioral problem than it is a lack of skills or economic opportunities.

This is the single most succinct statement regarding the state of poverty in America.  Very well put.  That's not to say there aren't some people who truly are poverty-striken...the elderly, etc.   Poverty has become an "occupation" in the 21st century.


Posted by: Lady in Black at December 19, 2011 05:46 AM (m7+7V)

70 Oh, and you know why the two front runners for the GOP are the only two guys running for the GOP nomination that are content to manage the decline of America?
Baby Boomers and the elderly. As groups age, they have less and less interest in achievement and risk and are more concerned about safety and comfort.
And they are more than happy to take us down with them. Because they--consciously or subconsciously--believe they will be dead before the crash.
To be sure, there are some who are against the rampant spending and reckless promises but ask them to give up a single penny of social security and that group will number in the single digits.

It's not just that we are asked to pay taxes so the JEF can spend $4million on a vacation--we're asked to pay taxes so Joe Boomer can buy that Cadillac and vacation around the world for 30 years after he quit working. 

What will never happen is they will be told the truth: America will collapse into the grinding gray concrete socialism because you were "promised" and you are either going to starve, be denied health care or--if you're lucky--move in with your kids.

Posted by: Jimmuy at December 19, 2011 05:47 AM (8SQ/2)

71 @59 - This is EXACTLY why the government should get rid of those things.  What they don't understand is that what she was doing was worth approximately 25K/year (to the rest of the economy), and the new job is worth about 35K/year.  To her, however, they're obviously switched.  It's a major dis-incentive toward upward mobility.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:47 AM (KxyHe)

72 Hussein, mind if I drink my coffee first?
what a visual , are instructions waiting to be read, or does that come naturally?
my mind is fluttering everywhere now, thank a lot!

Posted by: willow at December 19, 2011 05:48 AM (h+qn8)

73 Delayed gratification is definitely something I have been working on

Yeah. Picked up my FOURTH firearm purchase of the year on Saturday (now hidden from my by SWMBO until Christmas).

I'm telling myself I have to get that beast under control.

Posted by: Scott J at December 19, 2011 05:49 AM (KC2BE)

74 Allen, Happy Birthday

Posted by: willow at December 19, 2011 05:50 AM (h+qn8)

75 Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 09:45 AM (KxyHe)

What amazes me about the times we are living is is that one of the huge dots on the paper is "traditional values" and our society's repudiation of them.  Especially the left, refuses even to acknowledge that the dot exists, let alone connect it to the others to see what DOOM really looks like. 

We can do a lot economically to get this country back on track, but I think that a return to "traditional values" would help a lot. 

Probably won't happen though.

Happy birthday btw.

Posted by: Hussein the Plumber at December 19, 2011 05:50 AM (jx2j9)

76 Speaking of DOOM! (and coffee):

I'm at home today (first time in years I've actually had PTO I could take on my Birthday) and just got up to get a second cup of coffee... and realized there isn't any more.

Now I have to decide if I want enough more coffee to make it worth making a second pot, since it seems silly to go through the same amount of trouble to make one cup of coffee.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:51 AM (KxyHe)

77 what so ever you do to the least of my brothers, that you do unto me.....

Posted by: phoenixgirl at December 19, 2011 05:52 AM (Ho2rs)

78 You see, horror of horrors, her take home pay went down!
 
Yeah, that's intentional Otherwise, people would try to work full-time and get promoted and start businesses instead of voting for handouts.  You trying to put bureaucrats out of work?

(Fuck yeah, I wanna put bureaucrats out of work...)

Posted by: HeatherRadish at December 19, 2011 05:53 AM (ZKzrr)

79 aw...it's your birthday....make another pot and have the cup......live large allen!!!!

Posted by: phoenixgirl at December 19, 2011 05:53 AM (Ho2rs)

80 We can do a lot economically to get this country back on track, but I think that a return to "traditional values" would help a lot.

You mean: "traditional values" like: Thrift, Responsibility, Honesty, Integrity, etc.?

See, the thing is, you don't even have to get into "Christian" values to see that a return to traditional values is necessary to fix the economic problems.  Unless people are thrifty, responsible, honest, and forthright, economic doom will remain a certainty.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:53 AM (KxyHe)

81 Hi Scott J
that is great news on the move!
About your current house: I have seen signs here for investors that will buy up "distressed properties", you may not get market value for your house but at least it will be sold - something to think about

Posted by: chemjeff at December 19, 2011 05:54 AM (s7mIC)

82 Hillel; "What is hateful to you, do not do to your neighbor: that is the whole Torah while the rest is commentary; go and learn it.

using both feet, even.

Posted by: willow at December 19, 2011 05:54 AM (h+qn8)

83 "If we want American to be a 'startup nation' again, we
must reward risk-taking and entrepreneurship."

With all due respect, Monty, I disagree. We must not
necessarily reward risk-taking and entrepreneurship. Much
risk-taking ends in tears: that's why risk-taking is, well, risky.

What we must do, rather, is stop punishing risk-taking and
entrepreneurship. Our government must stop restricting
and punishing those who attempt to build new enterprises.

This may seem like I'm splitting hairs, but I'm not. We have
to stop thinking of the government as doling out rewards.
As long as the question being debated is Who gets rewarded
instead of Who can be left alone, we cannot win.


Posted by: Brown Line at December 19, 2011 05:54 AM (VrNoa)

84 Good luck Scott. Realtor.com is absolutely invaluable isn't it? The house we live in right now is one I found while sitting in my old place a thousand miles away. Long distance moves must have been miserable before the internet.

Posted by: Lincolntf at December 19, 2011 05:55 AM (hiMsy)

85

The writer then went to lament that reforms are needed so she could keep all the goodies and make more money too. THAT was what disgusted me so much.

Let me guess, the article never got around to discussing the pride she must feel at being able to take care of herself and her family without gov't help.

Posted by: Mama AJ at December 19, 2011 05:56 AM (XdlcF)

86 scott i'm sure you already did this but i'll mention it anyway......google earth the address....that way you can see how close your neighbors will be....what is around the property......

Posted by: phoenixgirl at December 19, 2011 05:57 AM (Ho2rs)

87 So, I watched the George Will/Robert Reich smackdown: I did like the line "You're a pyromaniac in a field of straw men," but I liked the line he attributed to his doctor better, "Oh, good.  Now we can charge your children."

Until it is understood and accepted by all that Medicare and Social Security are primarily funded by taking from the current productive and paying for the currently unproductive, we can't have a mature conversation about the best way to reform them.  Until everyone has accepted that premise as true, any attempt to reform them will be seen (largely) as an "attack."  No matter how much we try to soften the economic impact on those already on, or who will be too soon for reforms to help them, those programs.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 05:57 AM (KxyHe)

88 Yeah. Picked up my FOURTH firearm purchase of the year on Saturday (now hidden from my by SWMBO until Christmas).

When 'gun control' really means 'budget control'...

Posted by: DarkLord© for Prez!
This message brought to you by Morons Against HTML Abuse
at December 19, 2011 05:57 AM (GBXon)

89 Posted by: GnuBreed at December 19, 2011 09:45 AM (ENKCw)

My aunt quickly became disgusted while running a business.  There is nothing that pissed her off more than having an employee say, "Please don't give me too many hours.  If I make too much money, I'll lose my benefits."  

Posted by: no good deed at December 19, 2011 05:57 AM (mjR67)

90 Condi's bright but her non-foreign policy views are a cypher. On the other hand, the idea of her snipping off Slow Joe's balls in a debate and handing them back after the election is mighty appealing.

Posted by: joncelli, too stressed by half at December 19, 2011 05:59 AM (RD7QR)

91 I was pretty obviously quite content without going out and getting drunk on the weekends.

Happy birthday killjoy  

Posted by: Bob Saget at December 19, 2011 05:59 AM (SDkq3)

92

Realtor.com is absolutely invaluable isn't it? The house we live in right now is one I found while sitting in my old place a thousand miles away. Long distance moves must have been miserable before the internet.

Oh, man, I totally obsessed during our last move. But I knew what neighborhoods looked like by using Google Earth and Bing (Bing was much more up to date at the time, for here), I knew which houses were over-priced and which must have something wrong with them.

Checking out other realtor sites can be useful, fyi. They can have more pics than the standard 4 and they can let you do different kinds of searches (e.g., I searched a diff. local site for houses without pools).

There are some sites that have listings that tend to be out of date, but that can be useful to see if a house has had the price lowered or changed realtors (which means the "days up for sale" appears much lower than it actually is.

Posted by: Mama AJ at December 19, 2011 06:01 AM (XdlcF)

93 Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 09:53 AM (KxyHe)

That's exactly what I was talking about.  It really hasn't been that long ago that debt was anathema.  Look the ads on TV.  Entire industries have been created to help people avoid responsibility - for debt they've incurred, for taxes they haven't paid.  Those ads, just like most of the others that want you to call a lawyer to sue someone for some remote possibility that the prescription drug you've been taking gave you a hang nail. 

If our government would just address the reasons why these things are happening, the problems we are having would be a lot easier to remediate, imo

Posted by: Hussein the Plumber at December 19, 2011 06:01 AM (jx2j9)

94 Happy birthday, Allen!

Posted by: Tami at December 19, 2011 06:02 AM (X6akg)

95 You mean: "traditional values" like: Thrift, Responsibility, Honesty, Integrity, etc.?

Here's the thing about religious people (and not just Christians): they tend to exhibit habits and outlooks that are beneficial to society. Jews, Hindus, Christians, even Muslims of the non-jihadi sort (Sufis, for example): they believe in marriage and strong families; they have a strong work-ethic; they are aspirational even across generations (because they believe in an afterlife); and they tend to be very civic-minded. Religious faith is not a guarantee of economic or social success...but it is a good sign.

I think it boils down to attitudes of hope and optimism. It's hard to put in a lot of hard work towards a goal if you're not sure you'll personally be around to reap the fruits of your labors. A materialist experiences a "what's the point of all this effort?" deflation -- they think of all the free time they're losing, all the opportunities for fun and leisure, all in service of this effort that has no guarantee of payoff before they die. But a religious person, with strict moral guidance in this world and an afterlife to look forward too, can think more coherently about legacy -- about building things that will outlast the physical body and benefit family and society.

I think religious people are far more likely to attempt "big things" than non-religious people simply due to their belief in an afterlife. (Just look at the awesome cathedrals the Christians built in the Middle Ages, and then think about how much these structures cost in comparison to what people actually made in wages back then. And then consider that these cathedrals were projects of decades, sometimes more than a century, to build.)

Posted by: Monty at December 19, 2011 06:02 AM (FC+dS)

96 86, I use Bing maps but did the same thing.

1.06 acre lot so there's plenty of space. The neighbors on either side are about the same as I have now. Population density is about the same.

The big change for me is that it'll technically be in town rather than rural like I am now so I won't be able to go shoot in my back yard. Willing to make that trade off for the other pluses.

No pool which is a loss but we can always change that later.

Being just 5 minutes from the office and also being so close to lakes Keowee and Hartwell I figure we will fish LOTS.

Posted by: Scott J at December 19, 2011 06:02 AM (KC2BE)

97 This may seem like I'm splitting hairs, but I'm not. We have
to stop thinking of the government as doling out rewards.
As long as the question being debated is Who gets rewarded
instead of Who can be left alone, we cannot win.

That's an incredibly good point.  We don't want the Government "rewarding" anyone.  We want it, as much as it is able, just to leave us alone.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 06:02 AM (KxyHe)

98 The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output I'll take a run at it, Monty. Notwithstanding its piss-poor construction, the thrust of the sentence is that "demand is low, which is bad, so unlimited amounts of demand would be better." There's the slightest nod to reality in recognition that as supply increases, demand falls, but fuck that because we just said high demand is good, right? So it would be really nifty if there was SOME WAY to artificially alter this reality business so that no matter how much the market is glutted with an oversupply of things that nobody needs or wants, there will still be a high demand for it. That SOME WAY is to have government buy up and warehouse or destroy unwanted products. I guess we've tried the method of subsidizing farmers and industries to NOT produce products, so it's time to try something even stupider. Please forward my bonus points to empireofjeff@hotmail.com

Posted by: Empire of Jeff at December 19, 2011 06:03 AM (l9zgN)

99 Happy birthday, Allen. Hope you have a great day!

Posted by: Chilling the most for perry at December 19, 2011 06:03 AM (6IV8T)

100 May I please have that Kitty on my Christmas cards next year? PLLLLEEEEEASSSE?

Posted by: Madame Queen at December 19, 2011 06:03 AM (5rYzF)

101

The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.

The translation is:  We have to figure out a way to make people buy more stuff, on an ever-increasing basis, to make Keynesian economics work.

Posted by: Vashta Nerada at December 19, 2011 06:04 AM (qx7YW)

102 Oh, I see the craftiness of the output demanded and output. Note the talk is about "output" and not "supply". There is a difference between "supply and demand" and "output and demand". In the free market world a supply curve is independent of the demand curve. The intersection of those curves result in a price. However, in the Keynesian/Marxist world demand is dependant on output. Since they are dependant upon one another there is no price signal which means there must be another factor to (I.e. government) adjust demand to output.

Posted by: President Chet Roosevelt at December 19, 2011 06:05 AM (fBMdj)

103 Uh Monty aren't you stealing
POOR IMPULSE CONTROL
from Neal Stephenson's Snow Crash
http://en.wikipedia.org /wiki/ Hiro_Protagonist

Where the antagonists enforcer had that tattooed on his forehead.  Along with hurling 4 foot long glass spears and driving a motorcycle with a sidecar made out of a Russian nuclear torpedo warhead.

ps:  Yes this is a plug better suited for the Sunday book thread.

Posted by: DaveA at December 19, 2011 06:05 AM (RDri2)

104

google earth the address....that way you can see how close your neighbors will be....what is around the property......

If you zoom in some, but not close up, you hopefully will see an Image Date in the bottom left corner. Google's pics were 7 freaking years old when I was looking at my area. Whole neighborhoods didn't exist! Bing was better and has the two different views from above.

Posted by: Mama AJ at December 19, 2011 06:06 AM (XdlcF)

105 Vashta, for isntance  light bulbs, and volts.

Posted by: willow at December 19, 2011 06:07 AM (h+qn8)

106 There's panhandlers all over Palm Beach County. I usually give them a buck or two, unless their sign says God Bless.

Posted by: Asscheeks of Saturn at December 19, 2011 06:07 AM (ELPgk)

107 Regarding risk-taking and how our government punishes those who take risks: Frank Fleming had an article over the weekend taking off from the proposed ban on all cell phone use, with the main point being: We're damned lucky they even let us drive.
"Hey, They Still Let Us Drive."

“So you’re proposing that people speed around in tons of metal? You must mean only really smart, well-trained people?”

“No. Everyone. Even stupid people.”

“Won’t millions be killed?”

“Oh, no. Not that many. Just a little more than 40,000 a year.”

“And injuries?”

“Oh . . . millions.”

ThereÂ’s no way that would get approved today."

Fucking nanny-state bitches. Better safety and comfort than risks and freedom.

Posted by: Jimmuy at December 19, 2011 06:07 AM (8SQ/2)

108

Happy birthday, Allen!  Many happy returns!   Tanjoubi omedetou!

And Scott J, best of luck to you on the job and housing front.  I'll say a prayer for you!

Posted by: MWR, Proud Tea(rrorist) Party Hobbit at December 19, 2011 06:07 AM (4df7R)

109 If our government would just address the reasons why these things are happening, the problems we are having would be a lot easier to remediate, imo

That depends on what you mean by "address the reasons," keeping in mind that when the Government "addresses" anything, it tends to mean more legislation and/or regulation. 

Mostly, if they would just let things happen, it would be fine (in a general sort of way).  People who don't keep their debt to reasonable limits will be harmed, which may or may not teach them to be more responsible, but will probably help others learn what not to do.

I think religious people are far more likely to attempt "big things" than non-religious people simply due to their belief in an afterlife.

CS Lewis believed the same thing.  An approximate quote: "Aim for Heaven and you'll get the earth thrown in.  Aim for the earth, and you'll get neither."

I mostly do, as well.  See, I know I'll have to look my Grampa in the eye again (not to mention my kids when they catch up to me) after I die.  I would not look forward to that if I didn't uphold his standard of morality.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 06:08 AM (KxyHe)

110 Uh Monty aren't you stealing
POOR IMPULSE CONTROL
from Neal Stephenson's Snow Crash

I prefer to think of it as a homage.

And I'd only make them wear sandwich boards, not tattoo it on their foreheads.

Posted by: Monty at December 19, 2011 06:08 AM (FC+dS)

111 You know who else is DOOMed?  Bank of America - right now it's approx. 1/10th its historic value.

Posted by: Hussein the Plumber at December 19, 2011 06:09 AM (jx2j9)

112 #98, said about the same thing, though I think supply and demand are not dependant upon one another.

Posted by: President Chet Roosevelt at December 19, 2011 06:10 AM (fBMdj)

113

That SOME WAY is to have government buy up and warehouse or destroy unwanted products.

Hi! Let's talk about replacing all gov't vehicles, 'mkay?

Posted by: Dept. Of General Motors at December 19, 2011 06:10 AM (XdlcF)

114 Happy Birthday Allen

Posted by: chemjeff at December 19, 2011 06:10 AM (s7mIC)

115

The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.

This is called "piss into the wind" economics.  The general idea is that, to force feed demand into a shell-shocked economy whose participants are scared shitless and want to save instead of spend, government fiat will be used to make everyone spend whether they like it or not.

Posted by: MTF at December 19, 2011 06:10 AM (B5y+v)

116 You know who else is DOOMed? Bank of America - right now it's approx. 1/10th its historic value. Posted by: Hussein the Plumber at December 19, 2011 10:09 AM (jx2j9) Couldn't happen to a nicer bunch

Posted by: nevergiveup at December 19, 2011 06:10 AM (i6RpT)

117 did citi and BoA merge?

Posted by: willow at December 19, 2011 06:11 AM (h+qn8)

118 Happy Birthday, Allen. Hope you get a new ear-hair comb.

Posted by: Empire of Jeff at December 19, 2011 06:12 AM (vzFJV)

119 When we first moved in a few years ago the Google pic had been taken in the dead of winter, looked pretty bleak with tarps covering pools, boats, etc in ever other yard, not a leaf on a tree. Since then they've changed it to one taken in the summer with all the pools open, gardens blooming and so on. Maybe that'll be in my favor if/when we ever sell.

Posted by: Lincolntf at December 19, 2011 06:12 AM (hiMsy)

120 Gratification delayed, is gratification denied.

Posted by: Jimmah at December 19, 2011 06:13 AM (TMeYE)

121 The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output. Well, we have got this economic model that works like that ... for a while.

Posted by: Zeta's at December 19, 2011 06:17 AM (WkuV6)

122 You know who else is DOOMed?  Bank of America - right now it's approx. 1/10th its historic value.

That (government brokered) buyout of Merrill Lynch? Pure genius, baby.

This deal ranks right up there with the AOL/Time Warner merger as one of the most colossally-stupid moves in corporate history.

Posted by: Monty at December 19, 2011 06:17 AM (FC+dS)

123 Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 10:08 AM (KxyHe)

True - and I agree.  But with our government intent on addressing everything other than the obvious, I think they should shift their focus onto things that have been proven to work.  Eighty thousand pages of tax code is unworkable.  There is nothing fair about it and all it is, is a system that can be played by the players.  How is it even within the realm of possibility that an industry exists to help people avoid paying taxes?  This is the height of absurdity.  Lawsuits are a huge part of what is wrong with healthcare and an obvious target for reform.  It is barely mentioned. 

Taxes, and the tax system, are clearly the purview of the government.  The current system borders on racketeering, imo. 

Posted by: Hussein the Plumber at December 19, 2011 06:17 AM (jx2j9)

124 I'm so glad it's the Holiday season. I need those 17 days in Hawaii. Oh wait I'm not the President. Shit never mind I got to get back to work

Posted by: nevergiveup at December 19, 2011 06:20 AM (i6RpT)

125 111 You know who else is DOOMed?  Bank of America - right now it's approx. 1/10th its historic value.

Posted by: Hussein the Plumber at December 19, 2011 10:09 AM (jx2j9)

Good. They and Wells "Sure, we'd be happy to help launder your drug money" Fargo need to go bankrupt and be broken up. Those two have lead the way in the worst of banking practices. Those two have done all they can to kill free checking in all banks.

My wife banks at Wells, every time it is a different teller. Meanwhile, I've the same teller for over a year at my local bank. Add in the friend that worked in Well's financing dept where it was exactly like Boiler Room. Them and old Bank of Italy are corrupt from the top down.

Posted by: Jimmuy at December 19, 2011 06:21 AM (8SQ/2)

126 Shouldn't "death of Kim Jong-Il" read "death of Kim Jong-Il's body double"?

Posted by: gm at December 19, 2011 06:22 AM (K0tm3)

127

I'm so glad it's the Holiday season. I need those 17 days in Hawaii.

As a certified bitter clinger, I use the correct pronounciation:  Hawayer.

Posted by: Circa (Insert Year Here) at December 19, 2011 06:23 AM (B+qrE)

128 Hey how come all the North Koreans look real skinny except the fat fucks that run the place? On the bright side, they all seem to die young

Posted by: nevergiveup at December 19, 2011 06:24 AM (i6RpT)

129 Many of the hardcore homeless suffer from a multitude of problems: alcoholism, drug abuse, mental illness, personality disorders. With the exception of mental illness, these are maladies that the sufferers brought upon themselves.

It ain't that simple.  Calling for Zeus's lightning is probably an apt description of crack-smoking though.

Posted by: DaveA at December 19, 2011 06:26 AM (RDri2)

130

Drudge has a link to a Condi Rice for Republican VP trial balloon over at the Washington Times.

Romney/Rice 2012?

*shudder*

Posted by: Laurie David's Cervix at December 19, 2011 06:28 AM (3wBRE)

131 Romney/Rice 2012? *shudder* Posted by: Laurie David's Cervix at December 19, 2011 10:28 AM (3wBRE) Could be worse ya know?

Posted by: Ron Paul at December 19, 2011 06:29 AM (i6RpT)

132 Hey how come all the North Koreans look real skinny except the fat fucks that run the place?

Fatties are a threat to national security. Now go get me some more bacon.

Posted by: Moochelle at December 19, 2011 06:30 AM (ZKzrr)

133 A Nuclear North Korea unstable, Egypt about to go over to the Dark Side, Iran about to get the Bomb and Germany is pre-occupied with Jewish Carpenters? Nice to see some things never change

Posted by: nevergiveup at December 19, 2011 06:30 AM (i6RpT)

134 I'm a pessimist on Nork generally, but the fatties running the show might come to deeply regret constructing the massive prison State apparatus. Not beyond possibility that the jailers end up the jailed. Not likely though. The fact that this new shit-turd is only in his Twenties doesn't bode well for stability, never minding his probable insanity.

Posted by: Lincolntf at December 19, 2011 06:31 AM (uIz80)

135 Isn't Capitalism just the Left's way of dressing up "not stealing" so their thefts could be considered a system?

Also debt is a tool.

The move to a purely fiat global monetary system is the primary evil besetting the current capitalist age (so I say); that, and the traditional habit of sovereigns to debase that currency towards mainly political ends.

Put down that shiny rock.  The paper isn't the problem, the rock is not the solution.  The sovereigns are the problem and FIIK what the solution is.


Posted by: DaveA at December 19, 2011 06:32 AM (RDri2)

136 Posted by: Monty at December 19, 2011 10:17 AM (FC+dS)

What continues to amaze me about TARP and the bailouts is that supposedly smart people, even from the right, continue to proclaim that it was absolutely needed to keep the economy from going over a cliff.  Really?  They say that as if it were a given and we should just swallow it.  Where is the proof that either of those interventions did anything other than make a couple of trillion disappear? 
When the economy was going over the cliff, it needed to go over the damn cliff.  Now we've created a situation for ourselves that, unless our debts are forgiven, we will never recover from.  We are on track to where in a few short years, servicing our debt will consume the entire output of this country.  Before that happens, output will begin shrinking and that will speed the economy's descent. 

No matter how you slice it - DOOM is the new prosperity.

Posted by: Hussein the Plumber at December 19, 2011 06:38 AM (jx2j9)

137 Under the Loving Care of Our Fatherly Leader is a good book if you want to learn about the history of North Korea. It really is a fucked up place.

Posted by: Ben at December 19, 2011 06:38 AM (wuv1c)

138
Gotta love the astroturfing going on about the Keystone pipeline.

The guy filling in for Glenn Beck is getting calls about how that whole pipeline thing is no good anyway, so it's for the best that Obama doesn't want it.

Posted by: soothsayer at December 19, 2011 06:39 AM (sqkOB)

139
Damage control.

That has to be it. Keystone is hurting Obama and his tools and minions are trying to do damage control.

Posted by: soothsayer at December 19, 2011 06:41 AM (sqkOB)

140

The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.

To increase the output, increase the demand, to increase the demand, remove the demand constraints, to remove these constraints, have the government subsidize it.

Corelary: To increase the demand, increase the market, to increase the market, have the government require it.

 

Posted by: Mister Money at December 19, 2011 06:41 AM (wN82N)

141 Also debt is a tool.

Yes, but it's a very dangerous tool, which must always be used safely.  Think of different types of debt as different types of cutting instrument- where a good, fixed-rate mortgage is (usually) a good carving knife, and credit-card debt is closer to a chain-saw.  Both have their uses, and both can be used safely and responsibly.  Misused, either can kill you.  It's just a lot easier to misuse the chain-saw in such a way that it will kill you, than it is the carving knife.

The problem is that most people don't think of debt as a dangerous tool at all.  In fact, most people don't think about debt as a "tool" at all- they think of it as an entitlement.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 06:42 AM (KxyHe)

142 Drat. Our first bad sign. The house we like is already under contract on a short sale.

But the contract expires 12/30.

All speculation though. I could go on site and find they don't like me and/or I don't like them.

Posted by: Scott J at December 19, 2011 06:43 AM (KC2BE)

Posted by: Kratos (Ghost of Sparta) at December 19, 2011 06:43 AM (9hSKh)

144 Has Barky claimed credit for Kim Jong-Il's death yet?

Posted by: Fritz at December 19, 2011 06:44 AM (/ZZCn)

145 Keystone is hurting Obama and his tools and minions are trying to do damage control.

Precisely that.  They want to craft public opinion so that Keystone isn't so popular.  Then, when Obama says "no," he'll be a little safer.  If he stands up on his principles (such as they are) now and says "no," he'll be demolished by the Right, and will have no defense against us in public opinion.

The sad thing is, it might work.  People don't pay nearly enough attention.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 06:44 AM (KxyHe)

146 130 Many of the hardcore homeless suffer from a multitude of problems: alcoholism, drug abuse, mental illness, personality disorders. With the exception of mental illness, these are maladies that the sufferers brought upon themselves.

The mentally ill should be back in campus setting asylums. Yes they are essentially prison hospitals, but half these people wind up living in expensive prisons or the ER, so it would be cheaper and more humane to put them back in a proper secure medical facilities. Keep them off the street where they are in fact at risk of harming themselves or others.

Of course there are also all the homeless which are habitual sex offenders. I don't think all the uber libs sending their children to go volunteer at soup kitchens and food pantries realize whom they are supporting and exposing their children to.

Posted by: Blue Falcon in Boston training for the ONT mudwrestling match at December 19, 2011 06:47 AM (ijjAe)

147 Has Barky claimed credit for Kim Jong-Il's death yet?

Off-camera, he's mourning the loss of a role model.

Posted by: HeatherRadish at December 19, 2011 06:47 AM (ZKzrr)

148 All speculation though. I could go on site and find they don't like me and/or I don't like them.

Also, you could go look at the house and find out- in the inspection you were going to get anyway (right?)- that it's got problems you don't want to deal with.

When my wife and I were house-hunting, we found a house we loved in an area we loved, for a price that was decent.  The inspection found the roof had been leaking for at least a full year or so.  No major damage (we're in Texas, so a full year of leaking isn't always that bad), but the roof would need to be replaced and some minor cleanup to the attic space, etc.

The guy who owned the house would neither move on price nor pay to have the repairs done.

So now we have a fairly nice new construction home.  That's rapidly becoming too small.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 06:47 AM (KxyHe)

149 Allen, inspection. Absolutely.

And I usually try to be there when they do it so they can show me what they see.

Posted by: Scott J at December 19, 2011 06:49 AM (KC2BE)

Posted by: Waterhouse at December 19, 2011 06:49 AM (rOPwp)

151 The mentally ill should be back in campus setting asylums. Yes they are essentially prison hospitals, but half these people wind up living in expensive prisons or the ER, so it would be cheaper and more humane to put them back in a proper secure medical facilities.

One form of Government "Benevolence" with which I'm okay.  There are few, if any, private charities which could provide for the deeply mentally ill very well, and Society does need to take care of them- both for their protection and the protection of Society at large.  Also, there's always the possibility that, on the right medications and with the right rehabilitation, they could progress from pure institutionalization to some kind of overseen liberty- and be largely productive members of society.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 06:50 AM (KxyHe)

152 And I usually try to be there when they do it so they can show me what they see.

Every inspection company I've used has required that I (or my wife) be present at the inspection.  Which I like, because it means they won't let themselves fall into the "it's good enough" mode of thought.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 06:51 AM (KxyHe)

153

The problem is that most people don't think of debt as a dangerous tool at all.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 10:42 AM (KxyHe)

The first rule of debt is go big or donÂ’t go at all.  If you owe what you can afford to pay back, youÂ’re an easy target for banks to call whatever note you have.  If the bank will take a relatively major hit if you go under, they will screw 100 responsible borrowers in order to fund keeping your loan performing.

Posted by: jwest at December 19, 2011 06:51 AM (8moZm)

154 132 Romney/Rice 2012?

*shudder*
Posted by: Laurie David's Cervix at December 19, 2011 10:28 AM (3wBRE)

Could be worse ya know?

Posted by: Ron Paul at December 19, 2011 10:29 AM (i6RpT)

A lot worse

Posted by: Lydon Larouche at December 19, 2011 06:53 AM (136wp)

155 The first rule of debt is go big or donÂ’t go at all.

Shouldn't that read: "The Liberal's first rule...?"

Because that sounds like the Liberals' state of mind: Why be responsible when I can, instead, be irresponsible on other people's dime?

My belief about debt is: don't take on debt that isn't necessary.  And that new pair of shoes (or new gun, or new car, or even new house) is probably not actually "necessary."

Once you have the house:  when you're in Texas and the AC dies: if you have to go into debt to get it repaired or replaced- that's necessary debt.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 06:54 AM (KxyHe)

156 Lydon Larouche

Does he even claim to be conservative at all?

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 06:55 AM (KxyHe)

157 157 Lydon Larouche

Does he even claim to be conservative at all?

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 10:55 AM (KxyHe)

His folks showed up at the Tea Party rallies... He'd align himself with any organization for power... Shows the reason to have elected office driven by policy positions and not personality cults.

Posted by: The Robot Devil at December 19, 2011 06:58 AM (136wp)

158 The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.

The author wants to change the law of supply and demand; somehow, he wants to be able to increase the supply beyond the level of demand. Typical progressive bullshit, but at least he is contending with the real problem (lack of demand) instead of just pretending that it doesn't exist. His failure is that he can't make it so just by wishing it so.

Posted by: Anon Y. Mous at December 19, 2011 06:59 AM (MUAkR)

159 The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.
------

Make people buy inefficiently produced goods and services despite the fact that preferrable alternatives are available.

See USPS. 


Good morning, morons!

Posted by: Y-not at December 19, 2011 07:00 AM (5H6zj)

160 The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.

You have to spend money on stupid ideas and proven failed technology to line the pockets of politicians.

Posted by: Barack "Malcom-Y" Obama at December 19, 2011 07:05 AM (136wp)

161 The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.

=

Work or die!

Posted by: Mao at December 19, 2011 07:05 AM (GrCp5)

162 Give the the homeless guy some change. He'll kill himself faster with it.

Posted by: SurferDoc at December 19, 2011 07:10 AM (6H6FZ)

163 It's just a lot easier to misuse the chain-saw in such a way that it will kill you, than it is the carving knife.

It's easier to use and misuse a chainsaw but they're also much scarier, require prep, starting,  have lots of safety features, small moving slightly sharp cutters vs. grab a big very sharp right out of the drawer and start waving it around.

We could stretch this analogy back to the some people can be recreational heroin users.  Once you start trying to figure out how many times a year is recreationally safe it's too late.

The problem is that most people don't think of debt as a dangerous tool at all.

The problem is that we don't teach or practice sound economics because of the Left.  Like Newt's let's re-review the SCOTUS.  The problem is the Left's nonsense some steps back. 

Posted by: DaveA at December 19, 2011 07:12 AM (RDri2)

164


Once you have the house:  when you're in Texas and the AC dies: if you have to go into debt to get it repaired or replaced- that's necessary debt.
Planet killer!

I hope you request other nations feedback as to the temperature on your thermostat.

Posted by: Randy M at December 19, 2011 07:14 AM (vI8R6)

165

My belief about debt is: don't take on debt that isn't necessary.

Posted by: AllenG (Dedicated Tenther) says 'No' to RINO Romney at December 19, 2011 10:54 AM (KxyHe)

For 98% of the people, your advice is best.  For those who need to use the tool of borrowed money for their business, going big is the only protection available.

Posted by: jwest at December 19, 2011 07:16 AM (8moZm)

166 Yes, Romney is a creator when his investments create or save a productive enterprise. He is no different from all the other liberal VC's who do the same. Money in < money out, plug the holes in a leaky ship so that the enterprise can continue, etc etc.

Newt, on the other hand, has been gorging himself at the government teat since he was bounced out of office (and probably before). He has made himself wealthy as an influence peddler rather than by creating anything.

The forbes piece was spot-on in dividing the world this way.

Posted by: luke duke at December 19, 2011 07:27 AM (PKRQS)

167 Can we induct Maine as a senior member of the Loyal Order of the Terminally Boned yet? - Maine now has more welfare recipients than taxpayers.

Posted by: steveegg at December 19, 2011 07:31 AM (o44nj)

168 You will receive ten points of extra credit if you can explain it in such a way that it a) makes economic sense, or b) even makes sense as an English language construction.

We need to force people to buy shit they don't want and can't afford.

Posted by: Purple Avenger at December 19, 2011 07:36 AM (5dzLI)

169 Well time to go folks. bbt

Posted by: Vic at December 19, 2011 07:36 AM (YdQQY)

170 The only way to increase output in a demand-constrained economy is to do something that changes that relationship between output demanded and output, so that more output is demanded for any given level of output.

Ve haff vays of makink you buy.

Posted by: Veeshir at December 19, 2011 07:39 AM (7cyKH)

171 "Give me chastity and continence, but not yet."

Posted by: dfbaskwill at December 19, 2011 07:44 AM (71LDo)

172  This is the main problem with all of the promises, compacts, and “deals” during the EU crisis: the politicians can swear stout oaths to implement austerity and to force social change, but when all is said and done the people of these countries will either vouchsafe those promises or break them.

This is why we will never get actual, solid fiscal reform here in the U.S: we don't want it. We love getting our free goodies from the government. Everybody's in favor of cutting spending as long as it's someone else's spending. Go ahead and elect Ron Paul. As soon as he starts cutting your benefits, you will unelect him.

Posted by: OregonMuse at December 19, 2011 07:58 AM (RsgV/)

173
With the exception of mental illness, these are maladies that the sufferers brought upon themselves.





I'm convinced that the vast majority of mental illness in the homeless is the result of years of heavy drug abuse.

Posted by: IllTemperedCur at December 19, 2011 08:03 AM (G+B5p)

174 #103

Raven didn't have the tattoo on his forehead. That was a minor character that appears briefly before Hiro decapitates him.

Posted by: epobirs at December 19, 2011 08:13 AM (kcfmt)

175 From the poor, poor Starbucks barista story: I wanted to tell customers that I was way over-qualified for this job.

No, you weren't. Because if you were over-qualified, you would have been kicking the job's ass, not the over way around.

Posted by: Jeremiad was a Bullfrog at December 19, 2011 08:21 AM (0AClR)

176 Anytime I see a homeless person I like to say.....

"Why, yes. I do have plenty of spare change. Thanks for asking, you homeless piece of shit."


Saw that on a t-shirt once.

Posted by: Empire of Jeff at December 19, 2011 09:45 AM (vzFJV)


There are two types of "homeless" that are typically seen on the streets. There are the true homeless and there are the professional beggars. The people who have signs "will work for food etc." are the latter. Often they make so much money that they have quit jobs to become professional beggars. They tend to have nice cars (which are parked out of sight) and live in nice homes. The true homeless don't ask for money - although they do accept it - sometimes they live around dumpsters - because of the food supply there.

The best sign I ever saw from a professional beggar was "Ninjas killed my family. Need money for Kung-Fu lessons"


Posted by: An Observation at December 19, 2011 08:23 AM (ylhEn)

177 The Jokes Write Themselves, Part LXXVI: Saab's headquarters are located in Trollhattan, Sweden

Posted by: Jeremiad was a Bullfrog at December 19, 2011 08:35 AM (0AClR)

178 Still working my way through the links in my favorite regular feature of AoSHQ. In the second one, however, I find a point of view that runs both contradictory to your main point, Monty (with which I agree), and is disturbing with regards to its implications for certain kinds of statist intervention. The author thinks that there genetic factors involved in impulsive choices. If he is right, then how can anyone hold a person who chooses on impulse responsible for his actions? Has any I.Q. test been devised that measures folly? Finally, if enough "right-thinking people" with grants and labs take this idea and run with it, who would decide the limits on what they could do to our bodies, or those of our children? Please don't get me wrong; I'm not holding you responsible for this writer's point of view. I just think its implications need to be more closely examined.

Posted by: Ed Snyder at December 19, 2011 09:42 AM (Qp9sa)

179 #179

Shocking revelation: we are not all created equal. We are merely equal under the law. But that is very important. As our comprehension of genetics increases will have to confront an increasing number of unpleasant facts. As our ability to analyze and intervene increases we will face more difficult choices.

But this is the price of being able address more and more ailments and infirmities. As the mythology has it, we chose the Tree of Knowledge and there is no turning back.

Posted by: epobirs at December 19, 2011 09:53 AM (vpNs/)

180 Raven didn't have the tattoo on his forehead. That was a minor character that appears briefly before Hiro decapitates him.

I'll have to reread it.

Posted by: DaveA at December 19, 2011 12:10 PM (RDri2)

181 I believe Tea Party = 茶党 Or, more formally, 茶党运动

Posted by: Jamie at December 19, 2011 02:49 PM (EoDrE)

182 Merry Christmas

Posted by: 搬屋 at December 19, 2011 04:51 PM (6NrSU)

183 Uh isn't the fact that Gingrich barely got on the Ohio ballot and is struggling to get on Virginia's an indication that yeah it actually is too late to get into the race?

Posted by: corsets at December 20, 2011 04:41 AM (Wj3p5)

184

air filter,oil filter,water filter,all filter

www.genset-china.com

Posted by: kadin at December 21, 2011 03:22 AM (wOHIa)

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