...and while I'm on the subject, let me tip my hat to our grumpy hermit out in the western desert.
"Surely there must be some golden mean, in which a person can be credulous enough to still have faith in the political process, without going completely moonbat in the veneration of an individual."
That's Joel's reaction -- spot on, if you ask me -- to some nincompoop's screed linking Ron Paul to the Second Coming.
.
Jan 27, 2012
The Space-Out Coast
Down in Florida last night the best line of the cage fight was nonchalantly delivered by Ron Paul. "...that debate doesn't interest me very much."
He was addressing the unzipped front-runners, two-handedly swinging their members at one another about whose investments were least horrible.
Paul's contribution was his usual, that is, consistent view that (a) presidential debates ought to be about policy and (b) no policy will work well until Washington learns arithmetic and weans itself from ever-flowing tit of fiat money. That actually got a passing reaction from Mitt and Newt, essentially, "Good point in a way, (pause) but my balls really are brazenbigger than Mitt's (or Newt's.)"
Welcome to the great national dialog as it is understood by most of the GOP and all -- every one -- of the famous heads who agree that the morning-after headline must proclaim that Mitt added three inches.
He was addressing the unzipped front-runners, two-handedly swinging their members at one another about whose investments were least horrible.
Paul's contribution was his usual, that is, consistent view that (a) presidential debates ought to be about policy and (b) no policy will work well until Washington learns arithmetic and weans itself from ever-flowing tit of fiat money. That actually got a passing reaction from Mitt and Newt, essentially, "Good point in a way, (pause) but my balls really are brazenbigger than Mitt's (or Newt's.)"
Welcome to the great national dialog as it is understood by most of the GOP and all -- every one -- of the famous heads who agree that the morning-after headline must proclaim that Mitt added three inches.
Jan 26, 2012
Traffic-cam extortion
The story lead is a warm fuzzy for the libertarian soul.
"The classic democratic tension between liberty and security was tested once again Wednesday in a debate on legislation to ban traffic-enforcement cameras on Iowa roads..."
Even better, liberty won the first of the warmup bouts, 3-0, in subcommittee.
The report doesn't mention any great debate about raping the Constitution.* Irritated citizens sat on one side of the table and the usual authoritarians -- cops, city taxing authorities, etc. -- on the other. "It's for your own good, your safety," blatted the former. The citizens carried the day with a highly accurate response: "Boooll sheet, you greedy creeps."
It's early in the sausage-making process, but at least it's a hopeful development.
---
*Amendments Five and Fourteen are clear enough in telling government it can not screw around with your "life, liberty, or property" without "due process of law." It seems damned doubtful the Founders would have deemed a dun from a company of IT geeks in Snottsdale to constitute due process of law. Even if they are part of that sacred public/private partnership congregation.
---
(Does this argument get us thinking about the general concept of "administrative forfeiture?" Ought to.)
"The classic democratic tension between liberty and security was tested once again Wednesday in a debate on legislation to ban traffic-enforcement cameras on Iowa roads..."
Even better, liberty won the first of the warmup bouts, 3-0, in subcommittee.
The report doesn't mention any great debate about raping the Constitution.* Irritated citizens sat on one side of the table and the usual authoritarians -- cops, city taxing authorities, etc. -- on the other. "It's for your own good, your safety," blatted the former. The citizens carried the day with a highly accurate response: "Boooll sheet, you greedy creeps."
It's early in the sausage-making process, but at least it's a hopeful development.
---
*Amendments Five and Fourteen are clear enough in telling government it can not screw around with your "life, liberty, or property" without "due process of law." It seems damned doubtful the Founders would have deemed a dun from a company of IT geeks in Snottsdale to constitute due process of law. Even if they are part of that sacred public/private partnership congregation.
---
(Does this argument get us thinking about the general concept of "administrative forfeiture?" Ought to.)
Oh you can (kiss?) me on a ...
I like Greeks well enough. Zorba was cool, and in my youth I thought it would be fun to meet Melina. I've even forgiven them for inventing the Olympics which, over a few thousand years, evolved into an unseemly marketing device that gave Mitt Romney cause to believe he is qualified to administer all the affairs of the United States of America.
(EDITOR'S NOTE: Everything below is boring economics and politics. So if you're in the mood for nothing but cheap thrills and light porn this morning, just click the Melina link. An alternative filthy picture is noted for the pleasure of female readers.)
---
I don't think, though, that its a very good idea to lend money to Greek persons.
The report is just one of the latest in the Hanna-Barbera epic which narrates the comic effort of Greek politicians, unions, corrupt businesses, and public-sector idlers to pretend they know what the (eff) they're doing.
It makes the point that people -- including giant banks which should have known better -- loaned too much money to Athens politicians for the purpose of buying voting blocks across the land, from the Mediterranean Isles to the Albanian border.
The lenders knew the loans were somewhat risky, but, hey, it's a sovereign nation, right? So they charged a high interest rate and forked over.
A few years went by and, ooops, the Greeks finally admitted that they could not pay even the interest, not to mention the zero chance of ever retiring the actual loans.
So now the lending sharks are humping to renegotiate the loans as a lower interest rate -- about 4 per cent -- in hopes that, for a little while, they have something plausible to show their gullible share holders and bank examiners. Something other than the actual collateral -- a load of empty ouzo bottles and a first lien on next year's grape leaves.
---
Now, this is an American blog, written from an American perspective, largely for Americans, so why does it give a rat's pubie about the elected and appointed thugs of Athens and the financiers they're trying to hornswaggle.
Why, for educational purposes, of course. Our own president and nearly all satraps in the Congress may read about it and lay down their golf clubs long enough to go, "hmmmmm, wonder how much lower our credit rating has to go before we have to ask the ECB and the IMF for permission to pay our guys in the 82nd Airborne?
---
I probably wouldn't have bothered with Greece this morning if I hadn't noticed Ben's press release promising that American money would continue to be rent-free for at least three more years. And that he had his finger on the trigger to sell more gummint bonds, backed again by the solemn word of the gummint plus, this time, a load of empty ouzo bottles and a lien on next year's grape leaves.
(EDITOR'S NOTE: Everything below is boring economics and politics. So if you're in the mood for nothing but cheap thrills and light porn this morning, just click the Melina link. An alternative filthy picture is noted for the pleasure of female readers.)
---
I don't think, though, that its a very good idea to lend money to Greek persons.
The report is just one of the latest in the Hanna-Barbera epic which narrates the comic effort of Greek politicians, unions, corrupt businesses, and public-sector idlers to pretend they know what the (eff) they're doing.
It makes the point that people -- including giant banks which should have known better -- loaned too much money to Athens politicians for the purpose of buying voting blocks across the land, from the Mediterranean Isles to the Albanian border.
The lenders knew the loans were somewhat risky, but, hey, it's a sovereign nation, right? So they charged a high interest rate and forked over.
A few years went by and, ooops, the Greeks finally admitted that they could not pay even the interest, not to mention the zero chance of ever retiring the actual loans.
So now the lending sharks are humping to renegotiate the loans as a lower interest rate -- about 4 per cent -- in hopes that, for a little while, they have something plausible to show their gullible share holders and bank examiners. Something other than the actual collateral -- a load of empty ouzo bottles and a first lien on next year's grape leaves.
---
Now, this is an American blog, written from an American perspective, largely for Americans, so why does it give a rat's pubie about the elected and appointed thugs of Athens and the financiers they're trying to hornswaggle.
Why, for educational purposes, of course. Our own president and nearly all satraps in the Congress may read about it and lay down their golf clubs long enough to go, "hmmmmm, wonder how much lower our credit rating has to go before we have to ask the ECB and the IMF for permission to pay our guys in the 82nd Airborne?
---
I probably wouldn't have bothered with Greece this morning if I hadn't noticed Ben's press release promising that American money would continue to be rent-free for at least three more years. And that he had his finger on the trigger to sell more gummint bonds, backed again by the solemn word of the gummint plus, this time, a load of empty ouzo bottles and a lien on next year's grape leaves.
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