Dr. Keynes Was Right
MY RECENT POSTS
- Triple Crown
May 22, 2012 10:48AM - Welcome to Oz
May 22, 2012 10:14AM - For Want of a Merkin...
May 17, 2012 02:26PM - Dee Feat is in Dee Flation,
Part 18
May 15, 2012 10:21AM - Ah! Steer, the 1%-ers Favorite
White Meat
May 11, 2012 01:54PM
MY RECENT COMMENTS
- “I have been perpetually
shocked by the inroads made by
Get
Rich Christianity;
esp…”
2:21PM - “Will they suspend your
Dallas passport?”
May 23, 2012 09:31PM - “Ms. Drew, I learned
since I penned this, was given
("earned"
is a bit
o…”
May 16, 2012 08:10AM - “There are a few new
higher level openings at JP
Morgan. I ran
a lemonade stand
a…”
May 14, 2012 06:26PM - “I recently typed, don't
recall which missive off the
top of
my head, that the
Dar…”
May 11, 2012 10:41AM
Robert Young's Links
Obambi Gets Shot
I've been too busy recently wrestling with Mr. Market to be able to put together long form pieces. They would, in any case, be variations on a theme. Today brings an analysis which comports with mine, and is a somewhat long winded exegesis, in line with what I wrote to the… Read full post »
Jumping Off a Cliff
Another dump-in essay. Over at Seeking Alpha (a site
which, 99.44% of the time, only says Good Things about shares) is
an article on Pharma's patent cliff. Naturally, I was
moved to comment, and it's somewhat longer than what I've been
purposely writing these days, so here it is.
Well, if… Read full post »
A Smoking Gun
I'll start with the mantra of this endeavor: you don't make an economy/society better by making the rich richer. The Tea Baggers/supply siders/Hooverites/let them eat cakers continue to spew the "business and the rich shouldn't have to pay taxes and if they didn't Eden will spring up in e… Read full post »
Poverty Hill
There is an old comic, whose name I can't recall, who used the
line: "we grew up poor but unhappy". What have I been
telling you?
Now,
sort of mainstream press have figured it out. The link
credits a Right Wingnut with presenting the data. I expect
that academic economis… Read full post »
You May Need Xanax
If it's Sunday this must be "Week in Review"; well, at least at the NY Times. Whilst munching, I accomplished my weekly obligatory perusal, and found a Robert Shiller article, which discussed his Case/Shiller (why does he get all the media attention, when he was the junior partner?) index. … Read full post »
Ten for the Landlord, One for Me
Every now and again I'll find a Famous Pundit making my argument on some topic of importance. I've been writing rather a lot recently on the theme that the 1%-ers really do want a Depression. My reasoning is simple: Depression is deflation, and for those with hoards of cash (yes, GE… Read full post »
Analyze This
I was quietly minding my own business on Monday, when what should pop into my inbox, but an invitation to apply for a position of Data Analyst with the DNC. I sure did. What was odd about the process, from both sides, was that one had to offer a 300 word… Read full post »
Oye Vey
There is the occasional writer I envy, not because I covet his/her "voice" or style or subject and such, but rather his/her access. Joe Nocera has been "promoted" from the business page to the main op-ed page, and today talks with a Real Banker. What's revealing, and you should always rea… Read full post »
The Rich Man and the Camel
There was
a particularly vicious op-ed in yesterday's NY Times. The
author is an economics professor at Duke. Of course he
is. I needed a day to cool off.
Here's his thesis:
"Strikingly, Shariah lacks the concept of the corporation, a
perpetual and self-governing organization that can… Read full post »
Tired
Some times I just feel so tired I want to fall down. Yesterday, whilst going to the grocery store to get more sugar, fat, and salt I caught a few minutes of "Marketplace" on NPR. Even though it is NPR, it's not a lefty friendly show, generally. The piece (only some)… Read full post »
Castles in the Air
Once again, Dear Reader, I begin with the observation that: I've mentioned this a few times before in this endeavor. What I've mentioned is that giving taxpayer money to welfare queen corporations is a fool's errand. Today's installment is a story in the NY Times. Once again,… Read full post »
Mom Always Liked You Best
Strictly speaking, UMass/Amherst isn't my alma mater, since that term is generally applied to one's undergraduate college. But it was almost my undergraduate school, and it was where I did my graduate work. In fact, at that time, it was the only University of Massachusetts, before "they"… Read full post »
Another Look into the Dust bin
OK, I said I wouldn't have any more to say about bin
Laden. But then, I read
this Time piece, and it can't go unremarked. It states
that Obambi made a mistake in not giving credit to Bush. Say
what?
This is what Bush said (quoted
here):
'I truly am not that concerned… Read full post »
So Long, It's bin Good to Kill You [UPDATE]
I've only had one thing to say, and that's likely to be it, by
posting a comment on a local blog early Monday morning.
What I said was, that by today (Tuesday, 3 May) the Right Wingnuts
will further attempt to de-legitimize Obambi by spinning the offing
of bin Laden as a… Read full post »
Casual Dress Acceptable
This story
just appeared in the news. It contains this wonderful
quote:
Leprosy can't be spread through casual contact such as handshaking,
or sexual intercourse.
So, just let your date know that casual means, well...
casual. You'll both be happy. Ecstatic, even.
Look it up in a… Read full post »
Place Your Bets
Another re-cycled spleen venting. This time, a letter to
the editor at Bermuda's Royal Gazette. The writer praised an
essay by some (unidentified) high schooler, who praised the idea of
Bermuda casting its future with casinos. What follows is my
reply.
It's very, very easy to overest… Read full post »
The New KKK
The Ku Kux Klan exists for a simple purpose: to extract economic value from a majority for the benefit of a minority. It happens that the majority is black folks and the minority is white folks in the South. That the precursor to the KKK was slavery is, of course, not… Read full post »
Dee Feat is in Dee Flation, Part 13 [UPDATED]
Along with a lackluster initial claims, which rose some, we also
got the PPI (Producer Price Index), which was up a tad, although
nothing major. Moreover, the "core" number was downright
laggard.
Here's the briefing.com description:
Excluding food and energy, producer prices increased a much mor… Read full post »
Blind Faith
For those who haven't been singing along with the Tea Baggers and the religious Right Wingnuts, I'll take a moment to remind y'all of one of their primo arguments against Science: only God could create an organ as complex as the eye, so therefore the Bible is literally true, all of… Read full post »
Lies, Damn Lies, and Whining Tea Baggers
The tea baggers, in the person of John Boehner mostly, are
whining that the rich pay too much tax, and the poor get too much
services. As they always do. The counter example is
always Alaska, home of the Tea Baggers, and blessed with the
highest per capita Federal largess.
So I… Read full post »
Dee Feat is in Dee Flation, Part 12
The monthly data is out, and the non-farm payrolls are a bit better than expected. Two flies, that have so far gone unremarked: government jobs continue to be scorched, mostly state and local, of course, so the poor states will get poorer by way of the negative multiplier; and earnings ar… Read full post »
Did You Hear the One About the Two Ecconomists...
I sit here doing my various things, all the while listening to that hated Liberal NPR, usually the station at Sacred Heart University, which as its name implies, is associated to the RC church; after watching that fat guy on "60 Minutes" last night, the right wing agenda of the RC… Read full post »
Putsch in America's Heartland
Scott Walker has done a Hitler. For those who've
forgotten, Germans elected Hitler on the theme that a minority was
the source of all its economic problems. Walker did the
same. Now, he's put Wisconsin's economy in the tank, and
handed the 1%-ers even more wealth.
The unions negotiat… Read full post »
Fit to Be Tied [UPDATE]
Tie me up, Buttercup! Well, lock me out Rex Stout!!! The stomach churning that is the NFL and its players needs addressing, if only a little bit. Long, long ago, when I was paid to be an economist, I had a look at public financing of private facilities. Primary among these… Read full post »
Onward Christian Soldiers
Say it with me brothers, "Onward Christian soldiers!"
On more than one occasion, I've ranted about the subversive
christian element in the US military. It's been a while since
the last bit of news, but
here's a bute.
They're bound and determined to blow up the world in the name of
Jeeeeeeeeesus!!… Read full post »

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