BOOMERBUSTER
OLD CELLO
Tuesday, March 31, 2020
BBC DECLINES IN GLOBAL GROWTH MY VIEW IS GLOBAL SHRINKAGE IS GOOD GLOBAL WITHERING IS WHAT I LOOK FOR
This post is dedicated to Greta Thunberg.
DAVID REICH NEXT QUESTION
He is about as liberal as a Jewish white male scientist can possibly get.
But, trust me, his messages are not at all what American negroes are going to want to hear!
Good for them.
That's what you call Enlightenment.
THE MENU FOR VIRUS TIMES CHICKEN GIZZARD PATE ESSENTIAL INGREDIENT FOR DELMONICO GIZZARD WELLINGTON
Tuesday, March 14, 2017
THE MENU PORK CHICKEN GIZZARD PATE
I have ordered some organic gizzards. Their texture and flavor are such that they benefit from being mixed with something else...
I have decided to go with mixing them with ground pork, rather than either chicken or beef. This way the gizzards will have a voice in a pate. Of course I will use bacon somehow.
One might also very advantageously use ground veal instead.
One might also do a diced gizzard and stale bread or wild rice stuffing, for roast chicken or quail. That too would be very nice.
And of course, one might also do the Delmonico Gizzard Wellington I previously created and described, if you first make a gizzard only pate, and also make gizzard pan gravy at that time.....
And of course, one might also do the Delmonico Gizzard Wellington I previously created and described, if you first make a gizzard only pate, and also make gizzard pan gravy at that time.....
LET'S JUST SAY A FEW WORDS ABOUT CIVILITY AND WHY WE DON'T HAVE IT GOES BACK TO BEFORE 1776
But the upsurge in recent years has to do with liberal media and constitutional rights allowing and promoting verbal smut.
This is white media, often promoting rap and hip hop white or negro artists with jail house themes and ghetto idioms.
It is not about freedom or liberty or rights or especially about dignity.
I is about money in the pockets of liberal, Amherst Common Language Guide liberals, and often Jewish mass media and print media grifters, who control the laws of speech expression and press and how they are enforced here in their favor.
The end result is that most young people now talk like jail house negro rapper drug dealing criminals. Fuck, or motherfucker, is their every other word.
Much of rap culture, expressions, gestures, vernacular, symbolic, rhythms, will be found to have some basis in the genetics of race.
One could say the same about different forms of musical, gestural, and linguistic expression around the world in very different cultures.
This is white media, often promoting rap and hip hop white or negro artists with jail house themes and ghetto idioms.
It is not about freedom or liberty or rights or especially about dignity.
I is about money in the pockets of liberal, Amherst Common Language Guide liberals, and often Jewish mass media and print media grifters, who control the laws of speech expression and press and how they are enforced here in their favor.
The end result is that most young people now talk like jail house negro rapper drug dealing criminals. Fuck, or motherfucker, is their every other word.
Much of rap culture, expressions, gestures, vernacular, symbolic, rhythms, will be found to have some basis in the genetics of race.
One could say the same about different forms of musical, gestural, and linguistic expression around the world in very different cultures.
WHY BE A DEMOCRAT WHEN CHINA IS MAKING ALL YOUR CHEAP SHIT?
Amazon workers can strike their fricking asses off.
They don't make a Goddamned thing!
They just deliver this shit.
There are so few few thin fit Americans to even do that!
Most of them are people of the color purple.
This post is dedicated to Greta Thunberg.
They don't make a Goddamned thing!
They just deliver this shit.
There are so few few thin fit Americans to even do that!
Most of them are people of the color purple.
This post is dedicated to Greta Thunberg.
GIVE CIANFARRA THE RIDENOUR PRIZE POSTHUMOUSLY
Matter of fact: Give Khashoggi a posthumous one too.
Ram that up Saudi Arabia's ass!
See how that works for you.........
Sunday, October 28, 2018
It just doesn't pay to be either a utopian globalist socialist activist, or an unsavory Italian journalist, Cianfarra.
George Seldes, the actual Chicago Tribune corrrespondent expelled from Italy, had been influenced by Cianfarra.
David F Schmitz, Between the Scylla of Reaction and the Charybdis of Bolshevism: Woodrow Wilson and Italy The United States And Fascist Italy, 1922-1940, fn 61.
it appears from the above that Seldes, the Chicago Tribune columnist, may have ratted out his seedy source, before being expelled from Italy, at the demand of his own government.
DK Post, for reference:Friday, October 19, 2018
Political Murders in Changing Times
Last week, it seems, Saudi officials murdered the exiled Saudi journalist Jamal Kashoggi in the Saudi consulate in Istanbul. Press reports have now identified one of the killers as a close associate of Crown Prince Mohammed bin Salman, the effective ruler of the Kingdom. The world community in general and the government of the United States in particular are deciding what to do. Kashoggi's death is more than a single international crime or an episode in the relations between the US and an important ally; it is another big step towards a world of authoritarian dictators who show no respect for established norms. As such, it recalls another big step towards such a world in the early stages of the last great world crisis in the first half of the twentieth century: the murder of the Italian deputy Giacomo Matteotti by Fascist terrorists in June 1924.
European democracy began to die in the 1920s in Italy. United by a series of small wars from 1859 through 1871, Italy had been a functioning constitutional monarchy from 1871 until 1922. Its government and traditional elites had lost the confidence of the people, however, after a costly, disastrous decision to enter the First World War in 1915. Although Italy was among the victors, the war brought less than no benefit to its people, and both left- and right-wing revolutionary movements arose in its wake. Benito Mussolini, a former socialist, emerged in the early 1920s as the leader of the new Fascist Party. Terrorism helped bring that party to power. Fascist militias called Squadristi, for which there is at present no parallel in any western nation, terrorized large parts of Italy, driving socialists and liberals into exile in major cities. In 1922 they escalated their revolution, marching into major cities, and later in that year Mussolini led them in a March on Rome. Mussolini was however in many ways a traditional politician, and he did not attempt to overthrow the established order. Instead he became head of the government within its own framework, appointed Prime Minister by the King—rather like Recep Erdogan in Turkey, or Rodrigo Duterte in the Philippines, or, in his own way, Mohammed bin Salman in Riyadh. Mussolini initially formed a coalition government with other right wing elements, and during the first two years of his rule, political violence ebbed within Italy and the country seemed to have stabilized. Parliament, complete with opposition deputies, continued to function. Similar situations prevail in Turkey and Saudi Arabia, where the new leaders have carried out extensive purges but the framework they have inherited remains, today.
The turning point in the history of Mussolini’s regime came in July 1924, when Squadristi kidnapped and murdered the socialist deputy and opposition leader Giacomo Matteotti, To many Italians Matteotti symbolized honesty and rectitude in politics, and although Mussolini muzzled the Italian press, he suddenly became massively unpopular. In January 1925, in an extraordinary parallel with current events, an Italian journalist named Camille Cianfarra obtained a confession from one of Matteotti’s murderers, the head of the press bureau of the foreign office. Cianfarra was now the correspondent of the Chicago Tribune, and after the Tribune published the confession, the Italian government arrested him and tortured him. The American Embassy did secure his release, but he died shortly thereafter. Meanwhile, Mussolini in January 1925 had proclaimed a totalitarian regime, the beginnings of the establishment of dictatorship. Nonetheless, the British, French and German governments treated him as a fully equal power in the critical Locarno negotiations later that summer, which reached new agreements on the Franco-German frontiers. The Matteotti murder started a long term trend. In 1932, Japanese naval officers assassinated several leading politicians, including Prime Minister Inukai Tsuyoshi, and effectively brought civilian politicians under control for the next 13 years. Then on June 30, 1934, a year and a half after taking power, Adolf Hitler sent SS men to murder a number of key dissident Nazis and other political opponents in the Night of the Long Knives. The era of Fascist dictatorship was in full swing. Three years later, in 1937, Stalin began large-scale executions of leading generals and Communists.
Both President Vladimir Putin of Russia and Kim Jong Un of North Korea have apparently ordered assassinations of political opponents in foreign countries over the last few years. President Trump has continued to heap praise upon them both, and he has not yet criticized Mohammed Bin Salman for Kashoggi’s death. While there are no totalitarian movements comparable to Fascism, Nazism and Stalinism in power anywhere today, authoritarian rule has become a normal feature of our landscape. While the western nations still must maintain some kind of relations with authoritarian states, they must also find ways to hold them accountable for acts on foreign soil, if not at home, and to make it clear that advanced democratic nations stand for something very different. That is what Franklin Roosevelt managed to do in the 1930s. As yet we have no FDR on the horizon this time around.
TERRI GROSS TLF INTERVIEW
Thomas L Friedman: You look very flat today, Terri.
TG: You're just an Uncle Flatterer Tom! But thank you.
TG: You're just an Uncle Flatterer Tom! But thank you.
GREAT IF THEY WENT OUT OF BUSINESS AMERICANS NEED TO SEE THE SICKNESSES OF THEIR SYSTEMS NOT JUST THEIR CHINESE VIRUS
Coronavirus: Amazon workers strike over virus protection
This post is dedicated to Greta Thunberg.
THANKFULLY THEY WOULD HAVE TO FIGHT THEIR WAY THROUGH THE MIDDLE EAST TO GET TO EUROPE
BBC INDIA
Huge crowds as lockdown sparks mass migration
Cf: David Reich: MIXTURE
Monday, March 30, 2020
WHO'S MORE FLATLY WRONG CONSERVATIVES OR LIBERALS?
"Wednesday, May 29, 2019
Each explained..the causes of 1776 as external, provoked by a British affront to an already homogeneous exceptionalist America. Clark, Ch 6, fn 76."
...The British Whig-Liberal scenario has been fundamentally rewritten.... Clark
Of course, the American conservative resurgence, starting with the Jewish inspired neocon movement itself, has always been in Krugman's famous phrase, flatly wrong, about everything really, much as all economists have always been.
I generally don't even bother to confute their nonsense.
To paraphrase Samuel Beckett, Molloy, re American neoconservatism, supply side, Chicago School, trickle down, entrepreneurial, offshoring market globalism, etc., rather like having your prick in your rectum.
But, if you have to be flatly wrong, why not be wrong in the best of Whig-Liberal company, Bailyn and Greene? Boomerbuster
This post is dedicated to Prince Charles, who will not and need not read it.
...The British Whig-Liberal scenario has been fundamentally rewritten.... Clark
Of course, the American conservative resurgence, starting with the Jewish inspired neocon movement itself, has always been in Krugman's famous phrase, flatly wrong, about everything really, much as all economists have always been.
I generally don't even bother to confute their nonsense.
To paraphrase Samuel Beckett, Molloy, re American neoconservatism, supply side, Chicago School, trickle down, entrepreneurial, offshoring market globalism, etc., rather like having your prick in your rectum.
But, if you have to be flatly wrong, why not be wrong in the best of Whig-Liberal company, Bailyn and Greene? Boomerbuster
This post is dedicated to Prince Charles, who will not and need not read it.
RE FERGUSON ON KRUGMAN
Saturday, May 18, 2019
TOOZE AND DK AND I WERE WRONG ABOUT THIS ABOUT TRUMP
"SEE DK CURRENT POST
"...And we do not know how the American electorate will eventually react when it turns out that--as Tooze had realized by the time he finished his book--Trump is really, in practice, an enthusiastic proponent of deregulation, more inequality, and more globalism, who has already been content with very slight changes to NAFTA and will in the end, I predict, accept even less from the Chinese and declare victory on that front, as well...." DK
He is right about this."
Krugman has noted that all economists appear to be wrong about the implications of robotics for economic theory.
If they can all (except Krugman) be wrong about one thing, then they can in theory all be wrong, (including Krugman) always, about everything.
RE FERGUSON ON KRUGMAN
Thursday, June 27, 2019
RE KRUGMAN WANKISH ECONOMISTS RUNNING WARREN'S WONKISH PLANS
Krugman, wearing only his domestic economy beanie (He can keep his hat on.), preaching wonkishly mainly to his wanker liberal economist audience backing Warren.
A common misconception is that various economists, any of them really, are only wrong, if ever wrong, only sometimes, and about only one thing, here or there.
This is an important misconception:
Economists are always, and have always, normally, been wrong about everything in one way or in multiple ways at the same time.
FERGUSON ACCUSES KRUGMAN OF KRUGMAN'S EPITHET DERPING
Friday, February 15, 2019
KRUGMAN ADMITS HE IS SOMETIMES WRONG BUT TRUMP'S MORONS KUDLOW AND HASSETT ALWAYS WRONG
Here's one of my classic posts on the subject of just how many economists somehow have been or are now or will be wrong.
This post is dedicated to Boomerbutt Bubbleheads:
This post is dedicated to Boomerbutt Bubbleheads:
Saturday, February 24, 2018
THEY LOVE THE FATAL ECONOMIST TAR BABY POST WHY NOT GIVE EM ANOTHER! BOOMERBUTT
Terms search: flatly wrong
A common misconception is that various economists, any of them really, are only wrong, if ever wrong, only sometimes, and about only one thing, here or there.
This is an important misconception:
Economists are always, and have always, normally, been wrong about everything in one way or in multiple ways at the same time.
Here is only a small non exhaustive list of subjects all economists are normally, at best, wrong about:
Laissez faire, wrong, tariffs, wrong, mercantilism, wrong, government spending, wrong, government not spending, wrong, capitalism, wrong, free trade, wrong, equilibrium, wrong, marginal utility, wrong, supply demand, wrong, monetary policy, wrong, gold or bi metallic standard on it or off it, wrong, comparative advantage, wrong, fiat currency, wrong, central banking policy, wrong, government debt, wrong, private debt, wrong, MFN, wrong, foreign aid, wrong, the Fed, wrong, USAID, wrong, spending stimulus, wrong, taxes, wrong, investment policy, wrong, mathematical and or geometrical models of any kind or description, wrong, micro economics, wrong, macro economics, wrong, international economics, wrong, competitiveness, wrong, wars, wrong, managed trade, wrong, preferences, wrong, subsidies, wrong, sanctions, wrong, lifting sanctions, wrong, peace, wrong, picking winners, wrong, offshoring, wrong, globalization, wrong, inflation, wrong, deflation, wrong, stagnation, wrong, convergence, wrong, industrialization, wrong, deindustrialization, wrong, elasticities of all kinds, wrong, protectionism of any kind, wrong, regionalism, wrong, LIEO, wrong, WTO, wrong, WB, wrong, IMF, wrong, EU, wrong, NAFTA, wrong, EXIMBANK, wrong, Bretton Woods, wrong, WWI reparations, wrong, GATT, wrong, Smoot Hawley, wrong, economic crises of any kind, wrong, definition of an economy of any kind, wrong, service economy, wrong, skills analysis eg symbolic analysts driven economies, wrong, Great Depression, wrong, competitive advantage, wrong, economic nationalism, wrong, comparative advantage, wrong, interest rates, wrong, multilateralism, wrong, isolationism, wrong, divorce of economics from politics, wrong, greatest good for the greatest numbers, wrong, redistribution, wrong.
The Japanese totally kicked your fucking industrial and technological butt, long before the other Asians, finally, including the Chinese, even got started on finishing you off, after you pivoted your big dumb Boomerbutt in various other economic directions in Asia,
and your economists all have more or less said, all along, since the 50s, nothing out of the ordinary, business as usual, shift to service economy, nothing to worry about, offshoring is fine, smooth sailing toward full plentiful globalization ahead, nice pivot move...
Terms search: pivot
The Japanese totally kicked your fucking industrial and technological butt, long before the other Asians, finally, including the Chinese, even got started on finishing you off, after you pivoted your big dumb Boomerbutt in various other economic directions in Asia,
and your economists all have more or less said, all along, since the 50s, nothing out of the ordinary, business as usual, shift to service economy, nothing to worry about, offshoring is fine, smooth sailing toward full plentiful globalization ahead, nice pivot move...
Terms search: pivot
For all my sudden French guests, why not dedicate this great post, now, to one of their favorite sons: Thomas Piketty!
FERGUSON ON KRUGMAN
He criticizes Krugman's lack of civility.
I sympathize with Ferguson, but here is what I wrote here on civility and dignity:
I sympathize with Ferguson, but here is what I wrote here on civility and dignity:
Monday, March 30, 2020
Postmodernism 103
DIGNITY
Tuesday, March 12, 2019
NYT LIBERACE LEONHARDT THE CONCEPT OF DIGNITY SPERLING ECONOMIC DIGNITY FALLACY
A pauper in the Old European Order had more dignity than our billionaires.
Long story.
Democratic Dignity is an oxymoron.
Those who believe in it are, as Krugman says, economic morons. Econorons. Economorons.
Or just plain Rons!
Reagan was a Ron!
The average democratized global annual income is 300 or 400 dollars.
Try acting dignified, in Africa, or India, on that.
Google Terms search: Liberace Leonhardt
Long story.
Democratic Dignity is an oxymoron.
Those who believe in it are, as Krugman says, economic morons. Econorons. Economorons.
Or just plain Rons!
Reagan was a Ron!
The average democratized global annual income is 300 or 400 dollars.
Try acting dignified, in Africa, or India, on that.
Google Terms search: Liberace Leonhardt
Terms search: pivot
DAVID REICH NEXT QUESTION NICHOLAS WADE FOIBLES 11
This is what genetic research is going to find:
Wade talks about genetic human socialities, a genetic basis transformed over time by natural selection, for human social behaviors.
Reich talks about significant cognitive and behavioral trait differences between populations which also have other racial genetic differences as well.
I am going to go out on a limb here. By the way: This is huge.
Not only cognitive and behavioral traits, and isolated social behaviors, but also whole moralities, and to some extent the structures of religions, will very soon be found to have some genetic components, true or false?
Civilizations are distinguishable by distinctive types of moralities and religions which have in part genetic origins and not merely acquired ones.
Wade talks about genetic human socialities, a genetic basis transformed over time by natural selection, for human social behaviors.
Reich talks about significant cognitive and behavioral trait differences between populations which also have other racial genetic differences as well.
I am going to go out on a limb here. By the way: This is huge.
Not only cognitive and behavioral traits, and isolated social behaviors, but also whole moralities, and to some extent the structures of religions, will very soon be found to have some genetic components, true or false?
Civilizations are distinguishable by distinctive types of moralities and religions which have in part genetic origins and not merely acquired ones.
1840S EUROPEAN REVOLUTIONARIES IN PARIS THE WHITES OF THEIR EYES
See also, re 19th C, Slavery in Romania, Wikipedia
DAVID REICH NEXT QUESTION NICHOLAS WADE FOIBLES 10
POLITICAL INSTABILITY IS A DRIVER OF NATURAL SELECTION IN GENETIC SOCIAL BEHAVIOR
POLITICAL STABILITY IS A DRIVER OF NATURAL SELECTION IN GENETIC SOCIAL BEHAVIOR
One among many questions is: Is political instability always, or normally, or only occasionally, a negative, or a positive, natural selection genetic driver?
Is weak self deprecating Western liberal social behavior both self fulfilling, and natural selection self selecting, since at least, if not before, say, 1776, and then also 1789?
Frankly: Why not start with October 31, 1517?
POLITICAL STABILITY IS A DRIVER OF NATURAL SELECTION IN GENETIC SOCIAL BEHAVIOR
One among many questions is: Is political instability always, or normally, or only occasionally, a negative, or a positive, natural selection genetic driver?
Is weak self deprecating Western liberal social behavior both self fulfilling, and natural selection self selecting, since at least, if not before, say, 1776, and then also 1789?
Frankly: Why not start with October 31, 1517?
Postmodernism 103
WITHOUT DIGNITY CIVILITY LOSES ITS WHOLE BASIS
You can kid yourself. Engage in Pundit Fallacies out the wazoo.
Democratic civility is grounded in shifting sand.
Amherst Common Language Guide civility is faux civility and the absence of dignity.
This post is dedicated to David Brooks.
You can kid yourself. Engage in Pundit Fallacies out the wazoo.
Democratic civility is grounded in shifting sand.
Amherst Common Language Guide civility is faux civility and the absence of dignity.
This post is dedicated to David Brooks.
DIGNITY
Tuesday, March 12, 2019
NYT LIBERACE LEONHARDT THE CONCEPT OF DIGNITY SPERLING ECONOMIC DIGNITY FALLACY
A pauper in the Old European Order had more dignity than our billionaires.
Long story.
Democratic Dignity is an oxymoron.
Those who believe in it are, as Krugman says, economic morons. Econorons. Economorons.
Or just plain Rons!
Reagan was a Ron!
The average democratized global annual income is 300 or 400 dollars.
Try acting dignified, in Africa, or India, on that.
Google Terms search: Liberace Leonhardt
Long story.
Democratic Dignity is an oxymoron.
Those who believe in it are, as Krugman says, economic morons. Econorons. Economorons.
Or just plain Rons!
Reagan was a Ron!
The average democratized global annual income is 300 or 400 dollars.
Try acting dignified, in Africa, or India, on that.
Google Terms search: Liberace Leonhardt
Terms search: pivot
KRUGMAN'S ALWAYS WRONG CLUB HE'S IN IT FERGUSON WOULD AGREE WITH ME
Monday, March 11, 2019
KRUGMAN TO LIBERACE NO WORRIES SMOOTH SAILING
Saturday, February 24, 2018
THEY LOVE THE FATAL ECONOMIST TAR BABY POST WHY NOT GIVE EM ANOTHER! BOOMERBUTT
Terms search: flatly wrong
A common misconception is that various economists, any of them really, are only wrong, if ever wrong, only sometimes, and about only one thing, here or there.
This is an important misconception:
Economists are always, and have always, normally, been wrong about everything in one way or in multiple ways at the same time.
Here is only a small non exhaustive list of subjects all economists are normally, at best, wrong about:
Laissez faire, wrong, tariffs, wrong, mercantilism, wrong, government spending, wrong, government not spending, wrong, capitalism, wrong, free trade, wrong, equilibrium, wrong, marginal utility, wrong, supply demand, wrong, monetary policy, wrong, gold or bi metallic standard on it or off it, wrong, comparative advantage, wrong, fiat currency, wrong, central banking policy, wrong, government debt, wrong, private debt, wrong, MFN, wrong, foreign aid, wrong, the Fed, wrong, USAID, wrong, spending stimulus, wrong, taxes, wrong, investment policy, wrong, mathematical and or geometrical models of any kind or description, wrong, micro economics, wrong, macro economics, wrong, international economics, wrong, competitiveness, wrong, wars, wrong, managed trade, wrong, preferences, wrong, subsidies, wrong, sanctions, wrong, lifting sanctions, wrong, peace, wrong, picking winners, wrong, offshoring, wrong, globalization, wrong, inflation, wrong, deflation, wrong, stagnation, wrong, convergence, wrong, industrialization, wrong, deindustrialization, wrong, elasticities of all kinds, wrong, protectionism of any kind, wrong, regionalism, wrong, LIEO, wrong, WTO, wrong, WB, wrong, IMF, wrong, EU, wrong, NAFTA, wrong, EXIMBANK, wrong, Bretton Woods, wrong, WWI reparations, wrong, GATT, wrong, Smoot Hawley, wrong, economic crises of any kind, wrong, definition of an economy of any kind, wrong, service economy, wrong, skills analysis eg symbolic analysts driven economies, wrong, Great Depression, wrong, competitive advantage, wrong, economic nationalism, wrong, comparative advantage, wrong, interest rates, wrong, multilateralism, wrong, isolationism, wrong, divorce of economics from politics, wrong, greatest good for the greatest numbers, wrong, redistribution, wrong.
The Japanese totally kicked your fucking industrial and technological butt, long before the other Asians, finally, including the Chinese, even got started on finishing you off, after you pivoted your big dumb Boomerbutt in various other economic directions in Asia,
and your economists all have more or less said, all along, since the 50s, nothing out of the ordinary, business as usual, shift to service economy, nothing to worry about, offshoring is fine, smooth sailing toward full plentiful globalization ahead, nice pivot move...
Terms search: pivot
The Japanese totally kicked your fucking industrial and technological butt, long before the other Asians, finally, including the Chinese, even got started on finishing you off, after you pivoted your big dumb Boomerbutt in various other economic directions in Asia,
and your economists all have more or less said, all along, since the 50s, nothing out of the ordinary, business as usual, shift to service economy, nothing to worry about, offshoring is fine, smooth sailing toward full plentiful globalization ahead, nice pivot move...
Terms search: pivot
For all my sudden French guests, why not dedicate this great post, now, to one of their favorite sons: Thomas Piketty!
Sunday, March 29, 2020
DAVID REICH NEXT QUESTION NICHOLAS WADE FOIBLES 9
Nicholas Wade: "Race is a perfectly good English word." Reich, p. 253
I go with Wade here, and if you read Reich closely, especially at places like p 258, his conclusions there come to the same linguistic result as Wade's:
IF SUBSTANTIAL DIFFERENCES IN COGNITION AND SOCIAL BEHAVIOR BETWEEN POPULATIONS, NOT JUST SUCH THINGS AS HEIGHT, SKIN COLOR, PHYSIOGNOMY, BUILD, ETC, AREN'T RACIAL, THEN WHAT ARE THEY?
You can adopt Paabo's distinction among so called clines, but Paabo knows, and Reich knows, that it doesn't wash.
THE WEST SHOULD HAVE KEPT ITS EMPIRES PROTECTORATES COLONIALISM RATHER THAN PROMOTE KRUGMANESQUE LEFT GLOBALIZATION
You can quote me.
Boomerbuster
Boomerbuster
Saturday, March 28, 2020
LOCK THEM DOWN THERE WHY LET THEM DRAG THEIR ASSES DOWN HERE
"They're having problems down in Florida. A lot of New Yorkers are going down. We don't want that," he said.
What did New York's governor say?
New York Governor Andrew Cuomo responded by saying that quarantining the state of New York would be "preposterous" and "anti-American".
"If you said we were geographically restricted from leaving, that would be a lockdown."
Would you want back in Florida?
No. You would blockade New York from sending them back.
New York will say they are your infected slaves.
You will say "They are now New Yorkers, free at last!"
People who test positive, no crossing state lines.
People who haven't been tested, no crossing state lines.
The New Federalism.
The Dominion of New England made a lot of sense but was rejected by the colonies. Regional entities made more sense, and now make good sense, especially as Trump wants to lock down or quarantine portions of several states in New England (a now almost meaningless term, but still a strong term of opprobrium among such as those who follow the postmodern ideology of The Amherst Common Language Guide).
Wikipedia, The Dominion of New England
THERE WILL BE NO SOFT LANDING FOR GLOBALIZATION
Tuesday, April 24, 2018
FERGUSON'S EXPLANATION 2006 GUARDIAN FOR WHAT I HAD DESCRIBED REALLY IS CONVERGENCE
"Anti-monetarists point out that the relationship between monetary growth and inflation has simply broken down. Inflation is low nearly everywhere. The latest figure for the annual growth in American core consumer prices is just 2.3 per cent, down from 3.8 per cent in May. Yet the annual growth rate of M3, which diehard monetarists have continued to track unofficially, is just under 10 per cent. Last year, according to the IMF, M2 increased by nearly 13 per cent in the UK. In some emerging markets the figure was higher. Russia's money supply grew 25 per cent.
Yet simply because consumer price inflation has remained low, money has not become irrelevant. On the contrary: it is the key to understanding the world economy today. For there is nothing in Friedman's work that states that monetary expansion is always and everywhere a consumer price phenomenon.
In our time, unlike in the 1970s, oil price pressures have been countered by the entry of low-cost Asian labour into the global workforce. Not only are the things Asians make cheap and getting cheaper, competition from Asia also means that Western labour has lost the bargaining power it had 30 years ago. Stuff is cheap. Wages are pretty flat.
As a result, monetary expansion in our time does not translate into significantly higher prices in shopping malls. We don't expect it to. Rather, it translates into significantly higher prices for capital assets, particularly real estate and equities. The people who find it easiest to borrow money these days are hedge funds and private equity firms. Through leveraged buy outs, the latter can easily acquire companies and, by improving their cashflow, boost their valuations. These guys then buy houses in Chelsea with the millions they make." NF 2006, apparently...
Even a blind squirrel, Ferguson, can occasionally find a nut!
Even a blind squirrel, Ferguson, can occasionally find a nut!
"Thursday, August 19, 2010
INFLATION AND DEFLATION BOTH ECONOMIST RED HERRINGS
I should point out,
that, when you are gradually, inch by monthly inch, slowly, annually, becoming a third world economy, trading down, down, to cheaper and cheaper produced goods, to the bottom;
reducing prices, down, down, to cheaper and cheaper priced goods,
to the bottom, you tend,
almost by inertia,
to steer a path, because you have to,
between little blips of inflation, or deflation,
sort of looking for a daily, weekly, monthly, yearly, perpetual 'soft landing',
at the 'greatest good for the greatest numbers' airfield (let's not call it an airport).
That is what the US 'economy' if one can speak about such a thing, has been doing.
That is why we haven't had much 'overt' inflation, because we have been buying, and producing offshore more cheaply, goods made offshore.
That also is why we haven't had deflation, because their offshore costs were less, for a little while, and printing fiat money to buy them, so long as the money is accepted, wards off symptoms of deflation.
Keeping prices, and wages, gradually 'trickling down' (a different idiom: UNPROSPERITY TRICKLING DOWN) more or less together,
WHERE'S THE BEEF?
Krugman has put his finger on it, domestic jobs, that is the 'sticky wicket' in the whole sordid process, inasmuch as more and more work, of whatever kind, goes offshore, there remain fewer jobs, of any kind, to fund purchase of those cheaper offshore goods.
The other aspect of the situation, re currencies, aside from inflation/deflation, is that these producing countries have begun to realize that US currency is really backed by nothing anymore, no productivity, no specie, nothing.
One takes it, as a medium of exchange, largely hoping to prop up temporarily (self interest) the stultifera navis, and/or to get something of real value from third parties (the old eurodollar situation now globalized).
The Bretton Woods system, flawed from the outset, gold standard even abandoned by US in '71-72(?), a prescription for market sloth, and manipulations of all kinds.
It is not that complicated, really."
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