Political discussion thread |
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IVNORD
Forum Senior Member Joined: December 13 2006 Location: USA Status: Offline Points: 1191 |
Posted: July 17 2008 at 09:17 | ||
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Gamemako
Forum Senior Member Joined: March 31 2006 Location: United States Status: Offline Points: 1184 |
Posted: July 16 2008 at 23:36 | ||
I wonder if you actually payed any attention to the whole sub-prime mess as it unfolded. By all measures, it's excessive deregulation that allowed the problem to form in the first place. The obvious solution is what you see even the FED admitting to now (and when that happens, you know it's time to give up the ghost): the banks do indeed need to be regulated. Banks repackaged and resold risk (moral hazard, anyone?) in something that resembled a Ponzi scheme (yes, I went there). Unscrupulous borrowers didn't help the situation either, but their incidence is a tiny percentage of the total affected. Since invesment and commercial banks are one in the same, they can play the securities game all day long and send the ticking time bombs all over the place (the green-eyed monster gets the best of us all in the end). There are so many things that went horribly wrong because of deregulation. I feel like you have forgotten the main principles of your economic model: all people are perfectly aware, unbiased, and knowledgeable, and no firm exerts market power. Because deception and market control are the hallmarks of modern business (see the moral hazard problem of the credit market), the model naturally falls apart quite quickly. It's like using the van't Hoff shortcut equation (beloved reaction coordinate predictor) at a 1500K differential (limit is 100K): you're not even in the ballpark, let alone on base. |
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Hail Eris!
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Henry Plainview
Forum Senior Member Joined: May 26 2008 Location: Declined Status: Offline Points: 16715 |
Posted: July 16 2008 at 22:23 | ||
Haha. With the links and pictures I have seen you post, are you seriously complaining about them being tastless?
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if you own a sodastream i hate you
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Slartibartfast
Collaborator Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29625 |
Posted: July 16 2008 at 21:08 | ||
I have no idea, but if they're planning on posting this one on their next issue, they'll get some respect points back from me.
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Released date are often when it it impacted you but recorded dates are when it really happened...
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IVNORD
Forum Senior Member Joined: December 13 2006 Location: USA Status: Offline Points: 1191 |
Posted: July 16 2008 at 20:03 | ||
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IVNORD
Forum Senior Member Joined: December 13 2006 Location: USA Status: Offline Points: 1191 |
Posted: July 16 2008 at 19:48 | ||
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Slartibartfast
Collaborator Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29625 |
Posted: July 16 2008 at 19:24 | ||
And of course if someone wants the job, do we really want him as president?
Edited by Slartibartfast - July 16 2008 at 21:09 |
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IVNORD
Forum Senior Member Joined: December 13 2006 Location: USA Status: Offline Points: 1191 |
Posted: July 16 2008 at 19:21 | ||
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Gamemako
Forum Senior Member Joined: March 31 2006 Location: United States Status: Offline Points: 1184 |
Posted: July 16 2008 at 11:29 | ||
A crucial point needs to be made in all of this:
The economy has been marginally more successful under the big-spending democratic presidents than the economically conservative republican presidents. Truth is, policy impact is a rather dubious subject. Read http://www.slate.com/id/2194426/ just for fun. |
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Hail Eris!
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debrewguy
Special Collaborator Honorary Collaborator Joined: April 30 2007 Location: Canada Status: Offline Points: 3596 |
Posted: July 16 2008 at 11:11 | ||
Offshore & in such easily accessible places as National Parks in Alaska. I'm with Slartibartfast on this one. Even as A am from an oil exporting country (Canada) , I think it would have and still makes more sense to subsidize alternative energy options than oil companies and OPEC. Short term pain , long term gain, especially given the west's, especially the U.S.' skill and talent technology wise. Unless. of course, your family's made its' fortune in Oil. Funny how a Dem was the one who wanted to lead by making the hard choice. |
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"Here I am talking to some of the smartest people in the world and I didn't even notice,” Lieutenant Columbo, episode The Bye-Bye Sky-High I.Q. Murder Case.
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Slartibartfast
Collaborator Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29625 |
Posted: July 16 2008 at 08:22 | ||
Well, of course nothing came out of it because it was never tried. Look at the mess the "all regulations are bad" crowd got us into. Consider this, if Jimmy had lost the election Ford would have president. A Ford presidency would have been victim to all the historical circumstances, which might have deflated the conservative movement as they did very successfully exploit Carter's bad luck. This might well have led to a two term Democratic presidency instead, possibly even Carter. And with a Democratic congress behind him, would of course have transformed the world into a Communist utopia. On to the present and local politics. Not much interesting going on around here. My district is a Democratic stronghold island in sea of Republican districts. Too, many races without competitors, which is a mixed blessing as less TV ads and junk political mail. After yesterday we have to go back for a runoff thanks not having instant runoff voting. Challengers for Suxby Chambles and whoever will win the county CEO position are in for another round. Edited by Slartibartfast - July 16 2008 at 19:25 |
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IVNORD
Forum Senior Member Joined: December 13 2006 Location: USA Status: Offline Points: 1191 |
Posted: July 15 2008 at 20:26 | ||
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IVNORD
Forum Senior Member Joined: December 13 2006 Location: USA Status: Offline Points: 1191 |
Posted: July 15 2008 at 20:19 | ||
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Slartibartfast
Collaborator Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29625 |
Posted: July 15 2008 at 19:06 | ||
What would you expect from oil men, it's the Oily Way. They're just using the current situation as an excuse to poke their fingers in eyes of liberals. Hey, I actually discussed something rather than just posting a comic. OH, MY, GOD!!! Jonathan Schwarz:
Jimmy Carter delivered his so-called “malaise” speech 29 years ago today. What we wouldn’t give today to have done what he advocated (except perhaps the expanded use of coal):
Thanks, America’s crazy right wing. We couldn’t have ignored our most important problems for three decades and thereby made them much worse without you. (The speech can be watched here.) Edited by Slartibartfast - July 16 2008 at 08:27 |
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debrewguy
Special Collaborator Honorary Collaborator Joined: April 30 2007 Location: Canada Status: Offline Points: 3596 |
Posted: July 15 2008 at 18:22 | ||
DO you find it funny that Bush's solution to weaning the U.S. off oil is to drill in ever more remote & costly location for amounts that don't even cover a day's worth of oil usage ? Has it ever come to mind that the best way to stick it to OPEC is to find ways to use less, therefore buy less oil ? Now that might cause some friction between the Bushes and the Saudi royal family, but hey,strong friendships can stand some strain , eh.
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"Here I am talking to some of the smartest people in the world and I didn't even notice,” Lieutenant Columbo, episode The Bye-Bye Sky-High I.Q. Murder Case.
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Slartibartfast
Collaborator Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29625 |
Posted: July 14 2008 at 20:22 | ||
Edited by Slartibartfast - July 15 2008 at 19:06 |
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Slartibartfast
Collaborator Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29625 |
Posted: July 09 2008 at 23:03 | ||
Edited by Slartibartfast - July 14 2008 at 20:22 |
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Slartibartfast
Collaborator Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29625 |
Posted: July 09 2008 at 21:47 | ||
Let's play political oddball:
Edited by Slartibartfast - July 09 2008 at 23:03 |
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Slartibartfast
Collaborator Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29625 |
Posted: July 07 2008 at 11:19 | ||
This is interesting. Sorry no source credit.
Edited by Slartibartfast - July 09 2008 at 21:47 |
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debrewguy
Special Collaborator Honorary Collaborator Joined: April 30 2007 Location: Canada Status: Offline Points: 3596 |
Posted: July 05 2008 at 00:39 | ||
Nah, why look for balance when you already knows who's lies to swallow whole heartedly
Not that you think or know (consciously) that they are lies. You may just not have the capacity to think critically. or maybe the time. I'm sure there is some honest explanation as to why many hold to ill defined superficial pseudo "positions". But, really, it is so much easier to say that you can fool some of the people some of the time. Especially the people who've been fooled by you before |
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"Here I am talking to some of the smartest people in the world and I didn't even notice,” Lieutenant Columbo, episode The Bye-Bye Sky-High I.Q. Murder Case.
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