Letters to the Editor
Electro Robot
Published Letters: 1112 Editor's Choice: 9
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But it's not the same world with the same limitations as 1929
[Read the article: The Great Depression: The sequel]
[Read more letters about this article: Here]For example, I would venture to guess that structural full employment is lower now than in 1929 specifically because of social programs. Whereas in 1929 unemployment under SFE was classically in the 4% range as everyone learns in Samuelson, today's baseline is likely to be somewhat higher, even markedly higher because of the higher ratio of transient and part time formal salaried work. So whatever the actual unemployment is, and, that's an extremely hard number to nail down either way, whatever it is, the baseline of what constitutes SFE has got to be much lower than the 96% of 1929. For example in Germany and France today, SFE hovers around 89% which means that the economy tops out at full employment at 89% of the workforce actually working.
Additionally the FDIC insures that most homeowners deposits up to 100,000 are Federally guaranteed even if they have to print inflationary money to do it. So if the Corn Husker Bank folds, most but not all depositors are protected.
I really dislike these "It's the GREAT Depression all over again" ideas. You might as well be predicting the Black Death.
What will happen is what will always happen. The poor will get a little poorer, the middle class will get a LOT poorer. And the Great Marxist happy day of everyone or mostly everyone being the same will return for a while. We can all pick beans, if we're willing to take those jobs from hard working illegal Mexicans.
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To you fine people hoping for a bloody revolution
[Read the article: The Great Depression: The sequel]
[Read more letters about this article: Here]Please remember that as long as you have an Xbox360, no matter how 'bad' things get, you're probably not going to rise up as one, and lop off all the heads of the aristocracy. Given that, there's little you will do at all. You see sometimes inaction is its own safety brake. Else every time a blogger called for heads on pikes, a bunch of you would actually go out and do that. I don't recommend mass genocidal anarchy though.
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I blame the Laplanders
[Read the article: Terror and loathing]
[Read more letters about this article: Here]Everyone knows the Laplanders are the real terrorists and the root of all evil. Hasn't anyone noticed the 2000 year Laplander plot to take over the world?
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Cattlecar Gabactica
[Read the article: Everything you were afraid to ask about "Battlestar Galactica" ]
[Read more letters about this article: Here]Is almost entirely 2 head shots. Head one talks, switch to head two, switch to head one. Cue mopy piano chick music. Pan overhead. Fade to commercial
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Juliebird
[Read the article: The Great Depression: The sequel]
[Read more letters about this article: Here]If your goal is to 100% stamp out all corruption just execute all criminals w/o trial like they do in all those miserable broken nations. I'm for it. Lets turn the US into a fragrant mixture of Iran. North Korea & Cambodia.
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You complained about Golf too
[Read the article: Breaking the mirrored ceiling]
[Read more letters about this article: Here]Seems that no matter what, you have a problem with it.
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A crash is a 7% drop in a few days.
[Read the article: Bernanke: Markets could have become "chaotic"]
[Read more letters about this article: Here]We're down 7-12% depending on the index you look at, YTD. So it's a slow unwinding. Technical analysts will point to the volatility such as yesterday's 400 pt jump as a stuttering before it all falls off the cliff. But the technicians aren't always right on this point.
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But soft what light through yonder window breaks
[Read the article: The sun blotted out from the sky]
[Read more letters about this article: Here]It is the East and Obama is the Sun.
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Obamastar Baracktica
[Read the article: Everything you were afraid to ask about "Battlestar Galactica" ]
[Read more letters about this article: Here]Obama is the solution to everything.
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Anything but Islam I guess
[Read the article: "Petroleum perpetuates patriarchy"]
[Read more letters about this article: Here]Anything but a culture that treats women literally as chattel, that won't allow women to go to school or drive or testify in court. No that couldn't possibly have anything to do with oppression. Ok you ladies run with that fantasy.
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Today that would be decidedly UN Green so we'd have to pull your card
[Read the article: Draft cards yes, bras no]
[Read more letters about this article: Here]Sorry, ladies. Burn your garments go to Green Jail. Think of the Walruses.
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Look I was thinking of putting a new top on my gazebo
[Read the article: The sun blotted out from the sky]
[Read more letters about this article: Here]Could you hurry up that cloak the earth thing before I have to pay the Mexicans to slap it up? Thanks.
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Ok so the end is near
[Read the article: The Great Depression: The sequel]
[Read more letters about this article: Here]Can someone please strike up a tune on the afterdeck? I'll be there with my last Cubano and a $3000 bottle of wine.
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Serai1
[Read the article: "Petroleum perpetuates patriarchy"]
[Read more letters about this article: Here]That is utter delusion. You act as if schools, literacy, modernism voluntarily retreated from all that is Islam. Which is stupid. Indonesia is Islamic, India has the largest minority Muslim population in the world. Somehow someone out there's managed to recognize what century they're in. But we give, we always give Arab Muslim states a free pass. You do understand that Saudi Arab outlawed only most forms of slavery in 1962, in Oman is was 1970. You do understand that in Algeria the fundamentalists fought a 10 year civil war which killed 150,000 people just so they could institute Sharia. You do recognize that in Iran they hang gays and rape victims in public virtually w/o trial, some of them under the age of 15 in the name of Sharia.
No Arab states in the Maghreb and Mizrahi have had their chance to show which direction they prefer to go. It's clear. For a half century it's been clear. Even according the UN those paragons of all things insipid and agendized, that the Arab world is backwards. Lower literacy, higher birthrates, than even Africa. According to some the Arab world will have to create 500 million jobs in the next 40 years just to keep pace where they are today. 500 million? How is that going to happen? Right.
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"But the real assholes are in the big petroleum consuming countries."
[Read the article: "Petroleum perpetuates patriarchy"]
[Read more letters about this article: Here]Then in the context of this discussion you assert that the general condition of women is worse in the industrialized west than it is in poor backwards commodity producing nations.
Ok, then.
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Can he cure cancer?
[Read the article: Elizabeth Edwards: "Obama was charming"]
[Read more letters about this article: Here]You know, palm to the head, smack, You are HEALED !!!
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@manos99
[Read the article: "Petroleum perpetuates patriarchy"]
[Read more letters about this article: Here]"You should shortcircuit upon realizing how stupid and naive you are, you just fill up your S.U.V. "
-Oh sorry I don't own one.
But I do sort of appreciate the unhinged lunatic namecalling. You know, because that's been such an effective strategy for radical loons in the past.
The fact, and it's a sad fact, is that people like you are blockheads who absolutely refuse to listen to anyone, learn from anyone or even wonder. It's always easier to preach from the heights one's own convictions in lieu of bothering to learn and understand anything else, isn't it?
Well in any case, you keep shouting to the parapets, raise the flag, or the brick, or the RPG or whatever it is you think will make you a Hero of The Revolution. You do that. Because I don't dislike you, I feel sorry for you. If you live to be 150 you'll be the same dull angry bully you are now. What a waste