Of Karl Marx, Consumerism and Banks
The complete market failure to accurately assess the mounting system-wide financial risk being assumed by the private sector, while the market simultaneously assumed an uninterrupted rise in buying power and real estate values, feels like one big Groupthink-based-failure. Groupthink-encouraged-Wall-Street-adopted-bad quantum math equals a really big problem. So consider this the anti-Groupthink muse of outcomes to our financial crisis, and let’s start with a seemingly unrelated | Read More »
, CITI Bank
, Financial Crisis
, printing money
, The Federal Reserve
Wind Energy: How Con-veeen-ient!
T. Boone Pickens’ wind energy plan calls for blanketing the Great Plains, from the Texas Panhandle to the Dakotas. That’s because that’s where the wind resource is best, right? Wrong! That’s because “nobody lives there”, at least from the perspective of the good folks on the coasts and in the big cities. Putting all those wind turbines in the Plains creates at least two knotty | Read More »
Massachusetts Provides Further Example of How Not to Solve Health Care
Promoted from the Diaries by Jeff. Under former Governor Mitt Romney, the state of Massachusetts undertook the largest single step towards single payer health care of any government entity in the United States to date. It has created a myriad of problems, chief of which is a massive headache for those who are now forced to pay for insurance that they never wanted or can’t | Read More »
Latest Stimulus Idea: Keeping People in School, Out of Workforce
Clearly I need to hit the econ books again. I would have thought that spending $250 billion on state education systems over the next few years would contribute to a reduction in overall economic growth, as opposed to an increase. It seems that many states are encountering budget trouble, and are being forced to consider cuts that would force students to forego higher education, in | Read More »
Tags: David Paterson
, deval patrick
, John Corzine
, New Jersey
, New York
, Ted Strickland
Change they believe in!
I know most on here don’t follow Massachusetts politics, but we had a ballot question that would of abolished the income tax here, but it failed. Then today a state agency decided to increase tolls, after they increased them last year. I wrote this today for publication in our weekly university newspaper.Tolls increased Article appearing in Mass Media, UMass Boston’s independent newspaper. Change they believe | Read More »
Mass. GOP Chairman resigns
Peter Torkildsen, the chairman of the Massachusetts Republican Party (and yes there actually is one here in MA), stepped down today from his position. Although he has done well, considering the circumstances, for some time in MA, I believe it was due time for him to resign. We lost our most viable politician, Romney, and are past Republican governors are hiding, unless it’s Bill Weld, | Read More »
Dude, That’s some Good Smoke…
Note: The following is not a spoof to cheer up depressed conservatives. It is true. Up here in La-La Land, also known as Massachusetts, voters went overboard in the usual way over three significant ballot questions. These questions give a pretty good indication of where this state is going with its 90% Democrat legislature, Ted Kennedy and Mike ‘The Souvlaki King’ Dukakis. Question #1 asked | Read More »
Boston Bribe Bra stuffer Busted Filling Bust at Fill-A-Buster
Massachusetts state senator appeared in a federal courtroom today charged with taking $23,500 in bribes, including cash that she stuffed into her bra during a meeting at a fancy Boston restaurant. It was secretly videotaped by an undercover FBI agent.
“Do the Right Thing.”
We spoke briefly with candidate Jeff Beatty, who is opposing John Kerry for Senator of Massachusetts. He, unlike Senator Kerry, is a non-career politician; business owner, former Delta Force, FBI Hostage Rescue, CIA counter-terrorism. Pic here. His central issues in this campaign are families (exemplified by high gas prices, which he would combat by a truly comprehensive energy development program, including drilling); jobs (exacberated by | Read More »
Daily Polling Shows McCain Gains
Yesterday, I noted that the two major tracking polls showed a tie in the national race for President. I wanted more recent state polls in order to validate those national result. Today, they started coming in. First, if you add any pollster site to your blogroll, it should be fivethirtyeight. Yes, he’s an Obama supporter but he’s better at working with this data and presenting | Read More »
Interview with Jeff Beatty (R-MA)
Below is video from a phone interview I conducted with US Senate candidate Jeff Beatty from the ommonwealth of Massachusetts.
We’re just going to nip these rumors in the bud.
Now, we know that there are now, and always have been, a good deal of nasty stories that go through the Internet. In many ways, that’s what the Internet is for, more’s the pity: and usually, the best that you can do about them is to ignore them with dignity and restraint – just like John Edwards did, at least after he emerged from the | Read More »
Rep. Capuano’s Newspeak for Censorship
As the Obama candidacy gains momentum, we should all become more accustomed to “newspeak.” Out is the word “censorship” to be replaced with the phrase “freedom of speech.” The former phrase “freedom of speech’ will be prohibited except in classical texts until such texts can be reprinted wherein all references to actual free speech will be deleted. That, of course, seems the natural progression from | Read More »