BOOMERBUSTER
OLD CELLO
Friday, April 27, 2012
Thursday, April 26, 2012
SEE DK'S CURRENT POST
This is a great passage from that post.
Maybe he will forgive me for excerpting this here:
"Thus it is not the difference between Obama and FDR--real though it is--that differentiates our time from 1932; it is the almost complete lack of civic virtue throughout our political class, reflected in an almost universal inability to state problems clearly, face them, and propose adequate solutions. Our irresponsible political class, like that of the Progressive era and the New Deal, has taken two generations to grow. Unfortunately it will probably take at least two more to replace, as well. To anyone curious about today's Congress's failure to function I cannot recommend too highly this episode of the NPR radio program, This American Life, which gave me a new look into the world of Congressional fund-raising. We have not only created huge fortunes in our time, but we have now allowed them to buy our political system, and they are taking full advantage of the opportunity. Meanwhile, we have suffered a general erosion of any common values, sense of common purpose, or obligation to one another."
Maybe he will forgive me for excerpting this here:
"Thus it is not the difference between Obama and FDR--real though it is--that differentiates our time from 1932; it is the almost complete lack of civic virtue throughout our political class, reflected in an almost universal inability to state problems clearly, face them, and propose adequate solutions. Our irresponsible political class, like that of the Progressive era and the New Deal, has taken two generations to grow. Unfortunately it will probably take at least two more to replace, as well. To anyone curious about today's Congress's failure to function I cannot recommend too highly this episode of the NPR radio program, This American Life, which gave me a new look into the world of Congressional fund-raising. We have not only created huge fortunes in our time, but we have now allowed them to buy our political system, and they are taking full advantage of the opportunity. Meanwhile, we have suffered a general erosion of any common values, sense of common purpose, or obligation to one another."
Monday, April 23, 2012
Sunday, April 22, 2012
BBC NISSAN TO MANUFACTURE INFINITI IN CHINA
'Biggest risk is volume'....not quite.
They are telling you they are for the Chinese market... which,
unaccountably, has high tariff barriers to luxury goods.....
(Lazy entrepreneurs ask: Why would anyone ever do such a stupid thing?)
'What we lose on exporting each factory,
we make up by building another two.'
(See also China Russia joint maneuvers. That's a ' biggie '.)
Terms search: playing three sides, etc.
They are telling you they are for the Chinese market... which,
unaccountably, has high tariff barriers to luxury goods.....
(Lazy entrepreneurs ask: Why would anyone ever do such a stupid thing?)
'What we lose on exporting each factory,
we make up by building another two.'
(See also China Russia joint maneuvers. That's a ' biggie '.)
Terms search: playing three sides, etc.
RE WALMART MEXICO LAISSEZ FAIRE
'Legal fees' indeed. Call it just another example of creative destruction.
This is how much of the market capitalist world,
as well as the legal profession supporting it, has gone,
unfortunately, most everywhere it still exists.
Do we really need much more so called ' creative destruction ' like this,
going forward?
This is how much of the market capitalist world,
as well as the legal profession supporting it, has gone,
unfortunately, most everywhere it still exists.
Do we really need much more so called ' creative destruction ' like this,
going forward?
Saturday, April 21, 2012
cf also how nations fail editorial and the doomsday machine
Thomas Friedman,
He sounds a little like an economic nationalist............he is not.
He says he holds up Taiwan as his role model, when asked;
trust me, it is really Israel, not Taiwan.
Let's just say, in general, that economics,
not Friedman's field, but he comments on it freely,
has been a doomsday machine for the West, whether you are a leftist or a rightist economist, you have been a doomsday type force for the West.
cf also Kindleberger and Vernon, cited in a recent post....'end of the nation state' was what they really wanted,
cobdenist socialist globalist, or laissez faire anarchist globalists, economists,
but economists, and globalists, either way.
That's I suppose what I mean by doomsday.
Also sort of a Morton's Fork.
He sounds a little like an economic nationalist............he is not.
He says he holds up Taiwan as his role model, when asked;
trust me, it is really Israel, not Taiwan.
Let's just say, in general, that economics,
not Friedman's field, but he comments on it freely,
has been a doomsday machine for the West, whether you are a leftist or a rightist economist, you have been a doomsday type force for the West.
cf also Kindleberger and Vernon, cited in a recent post....'end of the nation state' was what they really wanted,
cobdenist socialist globalist, or laissez faire anarchist globalists, economists,
but economists, and globalists, either way.
That's I suppose what I mean by doomsday.
Also sort of a Morton's Fork.
Friday, April 20, 2012
Re David Kaiser's current topic cf your state and the future
Here is his comment on a comment.
Great stuff:
"Thank you, Bruce, for a most provocative comment. You will enjoy today's post, I think. I suspect, though, that if Romney wins he will make more practical concessions to the right than you expect. And I also think the hard-right takeover of the state governments in much of the country is a very serious matters as well--especially since those are also the poorest areas of the nation."
Great stuff:
"Thank you, Bruce, for a most provocative comment. You will enjoy today's post, I think. I suspect, though, that if Romney wins he will make more practical concessions to the right than you expect. And I also think the hard-right takeover of the state governments in much of the country is a very serious matters as well--especially since those are also the poorest areas of the nation."
RE EMPLOYMENT AND INTEREST RATES
Cf NYT article:
Asian nationals flock to Northern Virginia.
What would 'full employment' mean, with phenomena like this?
Many of these folks are de facto 'employed', to some extent, in their countries of origin, as they no doubt send money back there.
What effect would this have on interest rates?
Whose?
Why?
Asian nationals flock to Northern Virginia.
What would 'full employment' mean, with phenomena like this?
Many of these folks are de facto 'employed', to some extent, in their countries of origin, as they no doubt send money back there.
What effect would this have on interest rates?
Whose?
Why?
RE KRUGMAN BLOG PLUTOCRATS AND PRINTING PRESSES AND NATURAL INFLATION
You can of course,
only get 'full employment' in your dreams,
and never in a high cost society, where cheaper low cost labor
alternatives are plentiful and available elsewhere.
It's either the growing developmental states,
or the bailed ones
which have higher interest rates
it seems.
Wonder why that should be?
only get 'full employment' in your dreams,
and never in a high cost society, where cheaper low cost labor
alternatives are plentiful and available elsewhere.
It's either the growing developmental states,
or the bailed ones
which have higher interest rates
it seems.
Wonder why that should be?
Thursday, April 19, 2012
RE PUSSY RIOT ORTHODOX RUSSIAN REACTION NATURALLY REVULSION AT WESTERN STYLE DEGENERACY
Where would one expect market capitalism to lead the West,
and now the Eastern European community,
other than into the sewer?
Why try to mask corruption pornography and greed
as 'political speech',
as we have here for so long?
If politics and society is these things,
then how does it help
to mock that,
in its own terms,
as a so called statement?
and now the Eastern European community,
other than into the sewer?
Why try to mask corruption pornography and greed
as 'political speech',
as we have here for so long?
If politics and society is these things,
then how does it help
to mock that,
in its own terms,
as a so called statement?
RE BOOMERANG MEREDITH WHITNEY AND LOCAL GOVERNMENTS HERE
Great stuff,
in Boomerang.
Especially the interview with former governor Schwarzenegger.
Dovetails, for those who might be able, now, or some day, to connect the dots, with my comments elsewhere here,
even now Zakaria, bless his globalist heart, re industrial policy, failed political structure, state and local politics, your state,
and other things now, increasingly,
with the passage of time,
because they are both
interdisciplinary,
and unfolding,
ever more abstrusely.
in Boomerang.
Especially the interview with former governor Schwarzenegger.
Dovetails, for those who might be able, now, or some day, to connect the dots, with my comments elsewhere here,
even now Zakaria, bless his globalist heart, re industrial policy, failed political structure, state and local politics, your state,
and other things now, increasingly,
with the passage of time,
because they are both
interdisciplinary,
and unfolding,
ever more abstrusely.
Wednesday, April 18, 2012
Tuesday, April 17, 2012
JAPAN TO DISCUSS BUYING DISPUTED ISLANDS THINK CUBA BUT MORE HOTLY CONTESTED EVEN HAWAII SPRINGS TO MIND
(Jefferson went through with the Louisiana Purchase, against his own 'weak government' principles,
so to speak.)
Question
Why offer to buy something that the so called seller will later retake by force?
or, better,
Why offer to buy something you already claim you own?
The very offer puts China in a position to assert rightful authority over the ostensible purchase objects.
Sunday, April 15, 2012
I KNOW
All these eager Russian viewers want insight,
and want to give me a fellowship
in Russia
to teach 'great internet omniscience',
a new branch of the Orthodox church?
and want to give me a fellowship
in Russia
to teach 'great internet omniscience',
a new branch of the Orthodox church?
33 Russian hits for every 10 US ones today
We need to give all these Russian viewers something to look at.
What do you, my large Russian viewer audience, suggest?
What do you, my large Russian viewer audience, suggest?
Saturday, April 14, 2012
Re historyunfolding
Here is a great historian, who has been going all out for a reasoned and legitimate current history commentary, in context, every week, plus his day job, for free, for years now.
I don't agree with everything, but what a project.
I don't agree with everything, but what a project.
see David Kaiser's current post at historyunfolding
Great stuff.
Here was my insignificant comment:
Professor
Great stuff. Many thanks.
No one any longer would get much traction for a national purpose, of any kind, other than in some military conflict, unfortunately;
and that purpose would be largely a chimera, other than actual defense or real security issues, rather than largely faux ones.
Because we did not pull together as a nation at the onset of now looming civilizational rivalries, we are now even less likely to do so successfully, going forward, I am afraid. Nation building really should have begun at home.
All the best,
GM
Here was my insignificant comment:
Professor
Great stuff. Many thanks.
No one any longer would get much traction for a national purpose, of any kind, other than in some military conflict, unfortunately;
and that purpose would be largely a chimera, other than actual defense or real security issues, rather than largely faux ones.
Because we did not pull together as a nation at the onset of now looming civilizational rivalries, we are now even less likely to do so successfully, going forward, I am afraid. Nation building really should have begun at home.
All the best,
GM
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