BOOMERBUSTER
OLD CELLO
Saturday, December 31, 2011
RE KEYNES WAS RIGHT KRUGMAN BLOG POST
I tend to agree,
with my past caveats,
re very weak effects of stimulus spending in a globalized environment.
The point I would reiterate was that he was suspicious, too, of too much foreign bilateral trade itself, (much less highly globalized trade),
which almost no one now, it seems, except myself, seems to be.
Term search: Keynes in the clouds.
with my past caveats,
re very weak effects of stimulus spending in a globalized environment.
The point I would reiterate was that he was suspicious, too, of too much foreign bilateral trade itself, (much less highly globalized trade),
which almost no one now, it seems, except myself, seems to be.
Term search: Keynes in the clouds.
Friday, December 30, 2011
RE GADDIS ON KENNAN
re KISSINGER RE GADDIS RE KENNAN TERM SEARCH
Halfway through this tome, Gaddis', still my view, this is a mostly unhelpful, and often misleading, work, re ' real ' grand strategy, or Kennan's contributions.
Grand strategy, not something which the US has really ever been able to do, since the beginning really.
It is way too much an unvarnished glossing over of unstable and kaleidoscopic American political and policy decision making foibles;
highlights in places, but without critical comment, the overbearing role played by the press in all this, throughout the period under discussion;
and is even an attempt, oddly enough, to blame Kennan for this reality.
Re Kennan v Lippman re containment, it is positively misleading, whereas Mayers, The Dilemmas, even, is a better, clearer, account.
The "Dissenter 1948" chapter's opening pages really are a dance of the seven veils re open door. Last paragraph of the previous chapter really a travesty.
Halfway through this tome, Gaddis', still my view, this is a mostly unhelpful, and often misleading, work, re ' real ' grand strategy, or Kennan's contributions.
Grand strategy, not something which the US has really ever been able to do, since the beginning really.
It is way too much an unvarnished glossing over of unstable and kaleidoscopic American political and policy decision making foibles;
highlights in places, but without critical comment, the overbearing role played by the press in all this, throughout the period under discussion;
and is even an attempt, oddly enough, to blame Kennan for this reality.
Re Kennan v Lippman re containment, it is positively misleading, whereas Mayers, The Dilemmas, even, is a better, clearer, account.
The "Dissenter 1948" chapter's opening pages really are a dance of the seven veils re open door. Last paragraph of the previous chapter really a travesty.
Thursday, December 29, 2011
RE political science for dummies
China:
You beg borrow and steal two cows.
You clone them.
You lower the price of milk to almost zero.
All other cows are then promptly killed for beef steaks
in most places.
You raise the price of milk astronomically.
You are attacked by milk customers,
and your own denizens,
and killed,
along with your herd, unfortunately,
which you had used as a shield (Not The Shield Of Achilles !).
No milk is left anywhere, except
Japan:
Japan has been hiding two cows and a bull.
They now pop out, for milk for Japan only, with pasturage now to the West and the East, and room to multiply.
You beg borrow and steal two cows.
You clone them.
You lower the price of milk to almost zero.
All other cows are then promptly killed for beef steaks
in most places.
You raise the price of milk astronomically.
You are attacked by milk customers,
and your own denizens,
and killed,
along with your herd, unfortunately,
which you had used as a shield (Not The Shield Of Achilles !).
No milk is left anywhere, except
Japan:
Japan has been hiding two cows and a bull.
They now pop out, for milk for Japan only, with pasturage now to the West and the East, and room to multiply.
THIS WILL HELP MOST OF YOU
Recently received this little gem:
Political Science for Dummies
DEMOCRAT
· You have two cows.
· Your neighbor has none.
· You feel guilty for being successful.
· You push for higher taxes so the government can provide cows for everyone.
REPUBLICAN
· You have two cows.
· Your neighbor has none.
· So?
SOCIALIST
· You have two cows.
· The government takes one and gives it to your neighbor.
· You form a cooperative to tell him how to manage his cow.
COMMUNIST
· You have two cows.
· The government seizes both and provides you with milk.
· You wait in line for hours to get it.
· It is expensive and sour.
CAPITALISM, AMERICAN STYLE
· You have two cows.
· You sell one, buy a bull, and build a herd of cows.
BUREAUCRACY, CANADIAN STYLE
· You have two cows.
· Under the new farm program the government pays you to shoot one, milk the other, and then pour the milk down the drain.
AMERICAN CORPORATION
· You have two cows.
· You sell one, lease it back to yourself and do an IPO on the 2nd one.
· You force the two cows to produce the milk of four cows.
· You are surprised when one cow drops dead.
· You spin an announcement to the analysts stating you have downsized and are reducing expenses.
· Your stock goes up.
FRENCH CORPORATION
· You have two cows.
· You go on strike because you want three cows.
· You go to lunch and drink wine.
· Life is good.
JAPANESE CORPORATION
· You have two cows.
· You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
· They learn to travel on unbelievably crowded trains.
· Most are at the top of their class at cow school.
GERMAN CORPORATION
· You have two cows.
· You engineer them so they are all blond, drink lots of beer, give excellent quality milk, and run a hundred miles an hour.
· Unfortunately they also demand 13 weeks of vacation per year.
ITALIAN CORPORATION
· You have two cows but you don't know where they are.
· You break for lunch.
· Life is good.
RUSSIAN CORPORATION
· You have two cows.
· You drink some vodka.
· You count them and learn you have five cows.
· You drink some more vodka.
· You count them again and learn you have 42 cows.
· The Mafia shows up and takes over however many cows you really have.
TALIBAN CORPORATION
· You have all the cows in Afghanistan , which are two.
· You don't milk them because you cannot touch any creature' s private parts.
· You get a $40 million grant from the US government to find alternatives to milk production but use the money to buy weapons.
IRAQI CORPORATION
· You have two cows.
· They go into hiding.
· They send radio tapes of their mooing.
POLISH CORPORATION
· You have two bulls.
· Employees are regularly maimed and killed attempting to milk them.
BELGIAN CORPORATION
· You have one cow.
· The cow is schizophrenic.
· Sometimes the cow thinks he's French, other times he's Flemish.
· The Flemish cow won't share with the French cow.
· The French cow wants control of the Flemish cow's milk.
· The cow asks permission to be cut in half.
· The cow dies happy.
FLORIDA CORPORATION
· You have a black cow and a brown cow.
· Everyone votes for the best looking one.
· Some of the people who actually like the brown one best accidentally vote for the black one.
· Some people vote for both.
· Some people vote for neither.
· Some people can't figure out how to vote at all.
· Finally, a bunch of guys from out-of-state tell you which one you think is the best looking cow.
CALIFORNIA CORPORATION
· You have millions of cows.
· They make real California cheese.
· Only five speak English.
· Most are illegal.
· Arnold likes the ones with the big udders.
Political Science for Dummies
DEMOCRAT
· You have two cows.
· Your neighbor has none.
· You feel guilty for being successful.
· You push for higher taxes so the government can provide cows for everyone.
REPUBLICAN
· You have two cows.
· Your neighbor has none.
· So?
SOCIALIST
· You have two cows.
· The government takes one and gives it to your neighbor.
· You form a cooperative to tell him how to manage his cow.
COMMUNIST
· You have two cows.
· The government seizes both and provides you with milk.
· You wait in line for hours to get it.
· It is expensive and sour.
CAPITALISM, AMERICAN STYLE
· You have two cows.
· You sell one, buy a bull, and build a herd of cows.
BUREAUCRACY, CANADIAN STYLE
· You have two cows.
· Under the new farm program the government pays you to shoot one, milk the other, and then pour the milk down the drain.
AMERICAN CORPORATION
· You have two cows.
· You sell one, lease it back to yourself and do an IPO on the 2nd one.
· You force the two cows to produce the milk of four cows.
· You are surprised when one cow drops dead.
· You spin an announcement to the analysts stating you have downsized and are reducing expenses.
· Your stock goes up.
FRENCH CORPORATION
· You have two cows.
· You go on strike because you want three cows.
· You go to lunch and drink wine.
· Life is good.
JAPANESE CORPORATION
· You have two cows.
· You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
· They learn to travel on unbelievably crowded trains.
· Most are at the top of their class at cow school.
GERMAN CORPORATION
· You have two cows.
· You engineer them so they are all blond, drink lots of beer, give excellent quality milk, and run a hundred miles an hour.
· Unfortunately they also demand 13 weeks of vacation per year.
ITALIAN CORPORATION
· You have two cows but you don't know where they are.
· You break for lunch.
· Life is good.
RUSSIAN CORPORATION
· You have two cows.
· You drink some vodka.
· You count them and learn you have five cows.
· You drink some more vodka.
· You count them again and learn you have 42 cows.
· The Mafia shows up and takes over however many cows you really have.
TALIBAN CORPORATION
· You have all the cows in Afghanistan , which are two.
· You don't milk them because you cannot touch any creature' s private parts.
· You get a $40 million grant from the US government to find alternatives to milk production but use the money to buy weapons.
IRAQI CORPORATION
· You have two cows.
· They go into hiding.
· They send radio tapes of their mooing.
POLISH CORPORATION
· You have two bulls.
· Employees are regularly maimed and killed attempting to milk them.
BELGIAN CORPORATION
· You have one cow.
· The cow is schizophrenic.
· Sometimes the cow thinks he's French, other times he's Flemish.
· The Flemish cow won't share with the French cow.
· The French cow wants control of the Flemish cow's milk.
· The cow asks permission to be cut in half.
· The cow dies happy.
FLORIDA CORPORATION
· You have a black cow and a brown cow.
· Everyone votes for the best looking one.
· Some of the people who actually like the brown one best accidentally vote for the black one.
· Some people vote for both.
· Some people vote for neither.
· Some people can't figure out how to vote at all.
· Finally, a bunch of guys from out-of-state tell you which one you think is the best looking cow.
CALIFORNIA CORPORATION
· You have millions of cows.
· They make real California cheese.
· Only five speak English.
· Most are illegal.
· Arnold likes the ones with the big udders.
Tuesday, December 27, 2011
turkey france the clash
No prospects for a new sudden trade currency deal, like Japan China India Afghanistan, over there.
Monday, December 26, 2011
THE WEST GOING OUT OF THE ADVANCED COUNTRY BUSINESS
They just don't know it yet.
That is laissez faire.
Term search: never much many few.
That is laissez faire.
Term search: never much many few.
agribusiness trade theft BBC article
Is rampant, but much tech transfer is ' voluntary ',
or rather, under some duress.
or rather, under some duress.
Sunday, December 25, 2011
RE DK'S CURRENT POST IRAQ REVISITED FREE TRADE RESOURCES THE CHINA PRICE
Shows, I think, how little deeper insight has gone into some of the big strategic moves the US has made.
Our blinkered political history, and political structures, made this short sightedness inevitable. (Some may rightly quibble over 'inevitable', but I will still use it.)
If we really wanted bigger imperialism,
rather than an economic nationalism more appropriate for many reasons,
we should not have embarked, instead, on blind globalization, after WW II.
If Kaiser is right about significance of big petro contracts with the French, re Iraq,
how then about the big resource contracts of China and India with Australia which I have noted.....
Sounds like they really need to be unwound,
but how about free trade?
Weren't those resources, also, acquired at the so called China price ( Big Lots )?
What is wrong with this China Price?
Our blinkered political history, and political structures, made this short sightedness inevitable. (Some may rightly quibble over 'inevitable', but I will still use it.)
If we really wanted bigger imperialism,
rather than an economic nationalism more appropriate for many reasons,
we should not have embarked, instead, on blind globalization, after WW II.
If Kaiser is right about significance of big petro contracts with the French, re Iraq,
how then about the big resource contracts of China and India with Australia which I have noted.....
Sounds like they really need to be unwound,
but how about free trade?
Weren't those resources, also, acquired at the so called China price ( Big Lots )?
What is wrong with this China Price?
AN ARTICLE BACK IN APRIL
This has been going on all around the globe for a rather long time.
http://news.bbc.co.uk/2/hi/programmes/hardtalk/9451824.stm
Globalization leading directly into resource-related conflicts, and then, of course, into wars.
The end of Thomas Friedman esque (The World Is Flat), Cobdenist, peace through freer trade,
perhaps coming soon.
http://news.bbc.co.uk/2/hi/programmes/hardtalk/9451824.stm
Globalization leading directly into resource-related conflicts, and then, of course, into wars.
The end of Thomas Friedman esque (The World Is Flat), Cobdenist, peace through freer trade,
perhaps coming soon.
RE THE BIG LIE NOCERO FANNIE FREDDIE NYT
The Big Short really did a good job of recounting this history, with bio information, and the institutional players, early on.
Friday, December 23, 2011
RESOURCES ASIA TAKE OVER DOWN IN AUSTRALIA WHO HERE CARES
http://www.bbc.co.uk/news/business-16312114
It has long been a done deal at this point.
Why worry your heads about a naval station there?
It has long been a done deal at this point.
Why worry your heads about a naval station there?
Thursday, December 22, 2011
RE TURKEY FRANCE ARMENIANS CF HUNTINGTON THE CLASH OF CIVILIZATIONS
Not your mother's globalization.
RE KENNAN
From what I have read so far, Kennan fans would be better off reading Mayer's book on Kennan than Gaddis'.
Wednesday, December 21, 2011
Sunday, December 18, 2011
Saturday, December 17, 2011
RE GDP GNP re Krugman re Ireland
All this is passe really.
Keynes dream world of mostly domestic economies.
Term search:
Keynes in the Clouds
Keynes dream world of mostly domestic economies.
Term search:
Keynes in the Clouds
CHINA REQUIRING MICROBLOGGERS TO DISCLOSE IDENTITIES COMPARE WITH FACEBOOK VOLUNTARY DISCLOSURES
Good comparison.
Maybe that's why Russia is such a big investor in Facebook.
Maybe that's why Russia is such a big investor in Facebook.
CRIPPLING THE RIGHT TO ORGANIZE
Not a property right. Never has been.
Thus, ultimately,
The China Price.
Tut tut tut.
Thus, ultimately,
The China Price.
Tut tut tut.
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