Links 10/4/09


  1. ronald

    Unemployment, that lagging indicator is getting more attention but as Robert Reich as noted we can only look to the gov’t for more jobs just like the WPA. The road gangs are no more rather road making machine’s dominate. The 800lb gorilla continue’s to roam the world’s manufacturing sector and yet no one mention’s automated manufacturing,productivity, robot replacements nor the powerful marketing/sales activities that no longer are able to find enough buyers for all this output. Big banks no longer provide the cheap fast credit steams to drive growth so smaller banks are the new credit hope along with greater regulation are some kind of all the above. Sooner or later society will need to face the 800lb gorilla and its impact on society and our way of life.

  2. dearieme

    “Barack Obama … vowed to “do our business in the light of day””: but he won’t make his long form birth certificate available – what a hypocrite. I don’t suppose that he was born abroad, but I’d love to know what he’s hiding, and, even more, I’d love to know who knows what he’s hiding.

    1. ozajh

      From the perspective of an Australian, there are many, many things that President Obama has done which makes his vow to “do our business in the light of day” look like politics-as-usual hypocrisy.

      Refusing to provide his long form birth certificate isn’t one of them.

      As has been pointed out over the Net on several occasions, does anyone REALLY think that HRC would have stayed quiet during the primaries if his birthplace was truly questionable?

  3. joebek

    Robert Reich makes the point that FDRs debt was paid off in the 50s. But there were four recessions from 48 to 61. So maybe the payoff wasn’t quite so smooth or easy. You just have to wonder what level of government stimulus would satisfy Reich, Krugman, et. al. We are going to get it no doubt as Dems panic about 2010. Maybe Reps should go for a figure that would make it impossible for the Keynesians to come back for more. What would that be. I’m guessing 4 or 5 trillion would do the trick. Added to the current deficit that would only bring the deficit to 40% of GDP. Couldn’t be sustained in the long run but the point would be that that would be it. Even it didn’t work the Fed government would have to fold its tent.


    Darwin In Chile

    Alvaro Fischer, Daniel C. Dennett, Leda Cosmides, John Tooby, Steven Pinker, Matt Ridley, Helena Cronin, Nicholas Humhrey, Ian McEwan
    Santiago — Punta Arenas — Puerto Williams — The Beagle Channel — Tierra del Fuego — The Extreme South


    I thought that you may find this interesting. Matt Ridley was one of the speakers. I have read a great deal of his work and found it enlightening as it relates to collective genetic impulses and human belief systems. I have constructed mechanisms and applied them successfully to my trading strategies, based on theories premised from his book “The Origins of Virtue” (recommended reading for all traders and students of collective human behavior). I highly recommend watching his video titled….

    By Matt Ridley

    Best regards,


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