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Sanity Zone 11-3-2011 Tuscaloosa Dumpling, or Intellectual Dishonesty

Posted 11-02-2011 at 03:58 PM by xan

Intellectual dishonesty appears to be the newest fashion. The more grotesquely fraudulent a statement, the closer a statement can come to actual criminal fraud, the more celebrated the perpetrator. With a society and economy that is as complex and interdependent as ours, these power criminals prey on the ignorant and vulnerable, exploiting their ill-conceived, misinformed world-view to tilt policy to favor and perpetuate their desire for more power.

Former judge Andrew Napolitano...
xan
Professor Crab and
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Sanity Zone 10-25-2011 Bangulation Denied!

Posted 10-26-2011 at 01:20 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
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Site Donor 2014
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Sanity Zone 9-24-2011 <<Gummament Suckitude>>

Posted 09-24-2011 at 04:17 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
Site Donor 2014
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Sanity Zone 8-1-2011 << Stupid is as Stupid does >>

Posted 07-31-2011 at 12:49 PM by xan

Hi Everyone.

I thought it somewhat necessary for my intellectual health to write at least something on the foolishness surrounding the so-called "Debt Crisis." I hope you all remember that I have no dog in this hunt, save that I am partial to eating and sleeping safely in my home, working for a wage, and not being persecuted for my beliefs.

For all those who wonder whether it would be catastrophic to allow the US to default on its obligations, the answer is yes....
xan
Professor Crab and
Site Donor 2014
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Sanity Zone 2-4-2011 QE2

Posted 02-05-2011 at 11:44 AM by xan

Sanity Zone 2-4-2011 The QE2

No, the QE2 is not a boat. It stands for Quantitative Easing 2, which is fancy econo-speak for “printing money and dumping it into the currency markets.” One might wonder what all the fuss is about, as the Federal Reserve increases the money supply regularly. Well, all things equal, I can understand how this might be confusing, but this can be simple to understand with a few graphs.

The Situation:
The US economy is currently...
xan
Professor Crab and
Site Donor 2014
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