December 2011
24 posts
There's Nothing Like Reading Papers on Christmas:... →
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ir #1
I miss home.
Maybe it’s the fact that I helped move the last pieces of junk out of the garage; or maybe it’s the fact that I can wake up at 11am or 8 am without a sense of overwhelming panic; or maybe it’s the fact that I have the liberty to walk around late at night and not worry about getting mugged; or maybe it’s the fact that I get to see old friends from high school...
“Hey, hey, hey. A life. A life, Jimmy, you know what that is? It’s the shit...”
– The Wire
"Bye-Bye Keynes" - Questions
Robert Samuelson’s article here.
Highlights:
“Given low interest rates and the still-weak U.S. economy, it will be tempting for the U.S. government to continue running deficits and issuing additional debt. At some point, however, investors will recognize this behavior for the Ponzi scheme it is. … If history is any guide, this scenario will develop not gradually but abruptly....
“Innovation sticks for about 18 months. So let’s say you put a great innovative...”
– Geoffrey Canada, via New York Times
Politics as Usual - Holiday Edition
Boehner and the House Republicans’ rejection of the payroll tax cut’s two month rejection on Sunday is not surprising.
It’s deeply disturbing. Boehner on Sunday’s “Meet the Press” Sunday asked, “How can you have tax policy for two months?” Well, possibly because Congress will be going in recess. Possibly because companies are preparing payrolls for...
CME and Sears to Stay in IL →
Sumner on Stiglitz on Aggregate Demand →
“Do not hide under the veil of judgement and do not hide under the veneer of...”
Highest CA State Employee Salaries →
“And then you realize: you can’t lose, there’s no way.”
“Because the truth of the matter is anyone who was ever successful in their own...”