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Sanity Zone 10-25-2011 Bangulation Denied!

Posted 10-26-2011 at 02:20 PM by xan

I have been having a running debate with one of my investment bank friends (call him Mike) about how to stimulate the economy. His essential premise is that below-water mortgages (where the value of the home is less than the outstanding mortgage) are causing banks to freeze lendable assets in anticipation of being forced to write down potential bad loans in the inevitable event of a homeowners default. If the government “covers” the portion of the account underwater and allows the bank to remark...
xan
Professor Crab and
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OMG

Posted 10-22-2011 at 11:34 AM by homerj07

Sick as a dog for the past week & working 11-12 hour days. Sorry I have been away I have come home, ate & died for the oast several days!!

In Doh We Trust
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Election Day in Louisiana, Find your Ballot

Posted 10-22-2011 at 01:17 AM by Halo (Nose Bleed)

Get your sample ballot in Louisiana at GeauxVote.com! October 22.

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Wall Street Protest

Posted 10-02-2011 at 09:30 PM by homerj07

I am amazed & happy to see so many people in NYC & throughout the country who are PEACEFULLY protesting about the economic conditions that exist here & in Europe.

When we witnessed the young, educated, unemployed people of the Middle East last Spring - why did we not see that the young, educated & unemployed people of the US would do the same?

At this point I would not (could not) look at these protests & say they are as siginificant as the Civil RIghts...
In Doh We Trust
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Sanity Zone 9-24-2011 <<Gummament Suckitude>>

Posted 09-24-2011 at 05:17 PM by xan

Sanity Zone 9-25-2011

The Role of Government

I am not going to offer a political commentary on this topic, but rather an attempt to offer a distillation of the competing theories of “government” and what the impacts may be. As with any short piece, there will be missing or abbreviated concepts, so address those with comments, please.

First, let’s get definitions:
  • Government: A third party formed to create and enforce
...
xan
Professor Crab and
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