October 31, 2005

bernanke's optimal credit machine


how  should the fed
 decide about interest rates
          and  money supply ?


bilge ben sez:
               plug in the best model 
    NOW PLAYING around town 
and let it rip up the data
and spit you out
 "the optimal   gage number settings  " ....

problem:

 if these models were a brake system 
they'd
work  fine so long 
as you  really just want to
        take 
your foot off the gas 

but fuck 
if you 
         need to actually stop 
              especiallly stop  fast .....



============================================
 




Continue reading "bernanke's   optimal credit machine"
Posted by lady eve at 06:42 AM | Comments (0)

"evil but not insane "




 nice twist of  words 
     by our president 
           himself 
              stupor-ous but not inane 


================================================



Posted by pinky at 03:49 AM | Comments (0)

October 30, 2005

THE FURTHER ADVENTURES OF INTERNALIZATION




  HOW THE QUEST FOR HOMO  ECONOMICUS 

     HAS GONE SUB EGO

 GETTING INSIDE 
  THE SELF
TO GET AT WHAT'S IN THERE 
  THAT PUSHES THE EGO AROUND 

AND ODDLY NOT MODELING 
 THE GENETIC
BUT  THE NURTURAL :

THE SOCIALIZATIONS GOOD AND BAD 


ADDICTIONS AND ETHICS 



Posted by lady eve at 03:27 PM | Comments (0)

exchange rate models suck


 this is mistah chinn
of madtown U 

read his blog  words ...


===========================


Continue reading "exchange rate models suck"
Posted by lady eve at 03:15 PM | Comments (0)

IMF monitor


latest

 IMF


BLITHERATION 



=================================================


Continue reading "IMF  monitor"
Posted by lady eve at 04:53 AM | Comments (0)

October 29, 2005

the lady covers first basics


  oh the  econ con blogs 

what a mice chorus they can produce 

moaning gaffinking 
 curlie cue   simpering 

the idleness
 no better
       the ignorance
                    of it all 

as in this recently
       over  battered football...


=========================================



Continue reading "the lady covers first basics"
Posted by lady eve at 03:38 PM | Comments (0)

why so many pegs below fair value




  god why won't they 
just relax
and listen to me ...


  part 97 




============


Continue reading "  why so many pegs below fair value"
Posted by lady eve at 03:37 PM | Comments (0)

inflation targeting




its really wage targeting 
but that  remains unspoken 
because wages may need a crank 
even when the rate of inflation 
        exceeds the rate og wage gains 

as it has this past year .....



=======================================


Continue reading "inflation targeting"
Posted by lady eve at 09:14 AM | Comments (0)

inflation targeting




its really wage targeting 
but that  remains unspoken 
because wages may need a crank 
even when the rate of inflation 
        exceeds the rate og wage gains 

as it has this past year .....



=======================================


Continue reading "inflation targeting"
Posted by lady eve at 09:14 AM | Comments (0)

inflation targeting



price change targets 

are  really
  wage control devices ...

in the long run
only wages  can push prices
continuously 

as the wagery like so many hounds
chase 
the profiteers
up the price pole 


but that  remains unspoken

long as it can  

 and even so 
the crank may need 
a turn or two
towards "tight" 
even when 
 the spot rate of inflation 
     has clearly come 
             unhinged from  
                  the  trend rate 
                set by  wage gains 

                      as it has this past year .....



=======================================


Continue reading "inflation targeting"
Posted by lady eve at 09:14 AM | Comments (0)

ben for al...a good trade ???




 only if you have 
to have 
    one of em over for cocktails 


========================================


Continue reading "ben for al...a good trade ???"
Posted by lady eve at 08:08 AM | Comments (0)

when saving isn't saving at all part 7


 jesus
can we stop talking about gubmint fiscal deficits
  as
" dis -saving "

households save 

gubmints  don't


gubmints may tax draft
 charge borrow  jail
 grant confiscate
                    etc etc etc
but they don't 

  save
so they can't ....dis save 


===========================================


Continue reading "when saving isn't saving at all  part 7"
Posted by lady eve at 07:23 AM | Comments (0)

volcker report : typical trans nat monkey shines


 the x ray like  report
 sure does   blacken
  a few  thousand 
       trans nat  eyes 
  
 not a surprise of course

but revealing 
   
  eh???

    this drama 
        of Saddam gate 
          
         oh to see it  enacted
         scene by scene.......
                  

 a chance to penetrate 
     the  black-boxes  
            that encase
  the key links
    in the  trade and finance  network
    that is globalization

   penetrate  and catch 
   a few thousand  transnats 
              at their roachery ....


 caveat candide:

don't make the mistake
of thinking
this was the system
out of its humor 
             running along
                un accustomed trails ...

this was prolly close
enough  
        to bizz as usual

u wouldn't wanna live 
               on the difference 
 
                      


===================================================


======================================


Continue reading "volcker report  : typical  trans nat  monkey shines"
Posted by pinky at 05:54 AM | Comments (0)

fuck doomers : el teatro uber alles



the meat roars a rebuke .....




================================================



Continue reading "fuck doomers :  el teatro uber alles"
Posted by pinky at 02:33 AM | Comments (0)

October 28, 2005

typical hindu han envy


below please find

what ethnic rivalry can lead to....


the guy has a job
at uc berk 

teaching development even 



=====================================


Continue reading "typical hindu han envy"
Posted by pinky at 08:26 AM | Comments (0)

dangerous thinker




bernanke on '29 :

"Without these policy blunders
 by the Federal Reserve
, there is little reason to believe
 that the 1929 crash 
would have been followed
 by more than a moderate dip
 in U.S. economic activity," 

" moderate dip"
  
put him back then
    in the chair
and he could have engineered 
  a soft landing 
shortly followed by 
          another take off  

wowza wowza wowza 

  like a  modern doctor reviewing 
            the  14th century out brake 
                      of the bubonic plague
 



===========================================




Posted by lady eve at 07:51 AM | Comments (0)

alex swallows a horse shoe




feature this quote from  doctor alex :

"The voters would exact 
      terrible vengeance
 on the political party
       perceived
 as being responsible 
for ending choice in America"

  as they did 

         the party 
     that is perceived
              to have ended
                 racial discrimination


===================================================
                         




Posted by lady eve at 06:26 AM | Comments (0)

great speech


how'd i not see all 
       of this honeyed tripe 
                 till now.....


the words of neo chimp 
             Michael Ignatieff
apropos todays    21st century model
                of
     amerika the beautiful crusader :

wqith her 
 " empire lite"


 "a global hegemony 
whose grace notes 
are

 free markets

 human rights

  
     and democracy "


  3  "grace notes "????

or
          3    keys ????

              to  open any 
      third world treasure chest

                 on earth 



=================================================


==============================================


Continue reading "great      speech"
Posted by pinky at 05:56 AM | Comments (0)

prisoners of the euro zone





Continue reading "  prisoners of the euro zone"
Posted by lady eve at 02:53 AM | Comments (0)

October 27, 2005

fed up with blither :toward a full employment dollar part 1




 raise the yuan raise the yuan


well uncle can't make that happen

but he can lower the dollar





Continue reading "fed up with blither :toward a full employment dollar part 1"
Posted by lady eve at 08:06 AM | Comments (0)

big ben booms


 here's a taste of ben 
the  elite 
     popularizer/explicator  

after the greenstain's 
 squiggly newt 
     double talk
its at least ......
well..... a dry weave 



============================


Continue reading "big ben booms"
Posted by lady eve at 05:53 AM | Comments (0)

ben is a targeter





Continue reading "ben is a targeter"
Posted by lady eve at 03:14 AM | Comments (0)

mister B's black box


  expert system lays 
off 3 million workers 



read and weeep :

=============================


Continue reading "mister B's black box"
Posted by lady eve at 02:52 AM | Comments (0)

mister B WATCH PART ONE


  my  preliminary dogmatics :


 this ivy roasted 
         hard shell double domer  
    is anti worker


anti worker 
 all the way down 
         to his spiney spine spine  

------------------------------------
       in side that 
   elaborate  faux equation bristling 
                    walnut shell  
  there's     
a simple meaty 
       klass kernal :


  protect profits 

and 
  by what else

controling  wage rates 

and  
   cover the operation
    with endless rivers 
of BS about 
the optimality 
of  
              "maintaining 
a steady slow  year in year out
        'up creep '
                       in 
               commodity prices 

============================


Continue reading "mister B  WATCH   PART ONE"
Posted by lady eve at 02:26 AM | Comments (0)

October 26, 2005

its mister B


nyt lead ....


"No one seems to know 
the exact political views 
of Ben S. Bernanke
 President Bush's pick 
for the next Federal Reserve chairman"

 then  let's delve some ......eh?

==========================



Posted by lady eve at 02:09 AM | Comments (0)

October 25, 2005

judith of bagdad



  can it get much more
over blown
 then this from one progludite :

"I am convinced there would not
 have been a war against Iraq 
                without Judy Miller."


==========================================




Posted by pinky at 11:02 AM | Comments (0)

October 24, 2005

green scene




 how boston doth  whither away

the  new york 
 mother ship has krugman
 our globe.....
 chuck stein




================================


Continue reading "green scene"
Posted by lady eve at 02:03 PM | Comments (0)

October 22, 2005

out to pasture white collars join up


are ya gettin'
  
 hot 
       under your old white collar 

 welcome to
       a  herder of cats

the NATIONAL RETIREE LEGISLATIVE NETWORK
                            (NRLN)
              a battlin' lobby  org
         dedicated 
        to  fight 
       any and all 
       willy nilly   
      tower central type 
              fringe  promise robo washes                          


============================================


Continue reading " out to pasture white collars  join up"
Posted by lady eve at 07:06 AM | Comments (0)

October 21, 2005

thirty year profit squeeze



why not???

after all
we're in 
         a thirty year wage squeeze right now 


ya ya ya 

sounds like a joke

when the shoes on the other foot
                      now   don't it 


===========================================





Posted by lady eve at 08:02 AM | Comments (0)

just a war without borders


an acheson brief:

 is it
a just war or 
        just a war ????

well whatever 

congress is called on to declare em  

right ???

  go ask mz miers 

so whats up with syria ???

"empire's make wars 
       without borders"

even empires that  
   mug  like they 
 still got 
  the spirit of '76 in em 


=============================


Continue reading "  just a war  without borders"
Posted by pinky at 05:30 AM | Comments (0)

donna dean presents: ADOLPH H - PRO GROWTHSMAN


 this is a blurb 
from my co -leaguer
over at The Big One 
donna dean  
----------------------------

yes comrades 
HITLER 'OUT PERFORMED'
         FDR IN PEACE TIME 

 RUNNING THE BEST AVAILABLE NUMBERS
  THRU THE  CLEO MODEL 
          
SIMPLY
         RECONFIRMS  A NASTY TALE....


======================================


Continue reading "donna dean presents: ADOLPH  H  - PRO GROWTHSMAN"
Posted by lady eve at 03:10 AM | Comments (0)

party holds to leading role



 the white paper is out
and.....

the  party of the whole  market reds 
         is planning on  
           sticking  it out 
             all alone up there on top
                               of the PRC 

 " its the  surest stablest 
              path to democracy "

well  i bet  that's  a relief 
to the 500 million 
   bobbing about 
        in the  miracle boom's  back wash 


==============================================



Posted by pinky at 03:00 AM | Comments (0)

October 20, 2005

hurricane hugo on food aid


 at FAO  conference in rome recently 

President Hugo Chavez
had this observation:

" 'The FAO gets $900 million 
       a year
 developed countries
devote that 
to their agricultural production

every  single  day ...

In  just one day 
they are investing 
in subsidies what FAO
 allocates  in a whole year' "


==================================



Posted by lady eve at 04:06 AM | Comments (0)

from judith martyr to judith goat


 grossed out by miller amoking ???
i am 
 
whats with 
the  martha jr bit ????

why the  righteous  bombardment ????


geeeez guyzz
stoning this honey bun ???

ain't fair 
  just cause 
  ole pinch pecker 
is finally 
throwing his swallow  bitch
                on the slag 




 judy judy judy 



Posted by pinky at 01:38 AM | Comments (0)

October 19, 2005

when to walk away


kulack wagery ( further adventures )
episode 11 

as kenny sings

"you gotta 
know when to hold em

know when to fold em

know when to walk away 
and 
      know when to run "

take an upside down mortgage 

 
grack  has invited us 
 to speculate with him 
about that looming 
  wage earners
 home ownership  catastophe 

=================================


Continue reading "  when to walk away"
Posted by lady eve at 12:22 PM | Comments (1)

greider's bump and grind


 what is it with me these days

properly chided by grack

and still at it 



============================


Continue reading "greider's  bump and grind"
Posted by lady eve at 02:20 AM | Comments (0)

October 18, 2005

"there's just no credit for it"


notice the "no" line 
is always
            followed by : 

"well there's  just no money for it"

  here's why they never say
                 " just no credit for it"

 cause
   when its uncle

there always izzzzzzzzzzzz

right ???


=================================== 


Continue reading ""there's just  no credit for it""
Posted by lady eve at 06:59 AM | Comments (0)

dershy mon amour



   yes i get wet over al 

   he has that ink stained 
         nose leaking 
           junior high
              competitive ferocity 
   
     ain't he
       the guy
u loved to look at 
  when u out pointed him
              on a  math test .....



==========================================


Continue reading "dershy mon amour"
Posted by lady eve at 03:08 AM | Comments (0)

vote rigged


no vote 

not reaching two thirds threshold 
in at least three  " sunni " provinces 

don't believe it mac  .......


Continue reading "vote rigged"
Posted by pinky at 02:53 AM | Comments (0)

October 17, 2005

need start up money : rule one...... aim high


 between design sessions 

been workin 
     on a  venture cap hustle

thismorning 
thought compiling a list 
     of references might help
after a blizzard of e mailings



 here's who winked my way so far ...



========================


Continue reading " need start up money :  rule one...... aim high"
Posted by pinky at 02:34 PM | Comments (0)

tales from the mary todd center


  betty ford
 meet mary todd 

        u abuse ...
 
           well
                 I  spree ...

==============================================


Continue reading "  tales from  the mary todd center"
Posted by lady eve at 06:47 AM | Comments (0)

no burst but plenty of blood letting


okay so i mock bubble -icious 
     creepy creeps  
when they turn their ferocious 
  the worse the better 
  lefty wolf eyes
         toward  
  the  greatmid section
       of the   amerikan homestead 

 but  just 'cause there will be 
                  no  'lot pop' like
                            the dot pop
don't mean
              real pleb dubber  blood won't flow ....

====================


Continue reading "no burst but  plenty of blood letting"
Posted by lady eve at 06:10 AM | Comments (0)

October 16, 2005

no ass hole lets not hear it.... one more time



of course

 i'm speakin of


" the good old household leverage blues"

 way way too much of  it 
get sung these days

 and
         dats for sure  ....

-----------------------

now at street level 

the question as always 

izz
who's levering who here


and 
to what end ???

  and thats 
       'tres simple ':

  " if ya got a  bigger
         household 
'no matter what  nut'

 then fucker  you best
      sell more  job hours... 
                        dat is iffin 
                                 ya can "

  but some  sports
call that lyric
            graceless 
they 
    like their kapshow 
      much  better 
when she's
       served  up
             piping  hot 
                 and 
             even a tad sulferous ...



 come 
     enter a case in point .....

==============================


Continue reading " no ass hole  lets not  hear it.... one more time"
Posted by lady eve at 02:42 PM | Comments (0)

October 15, 2005

i hear from on high




 at last


 mister y has answered me ....


Continue reading "i hear from on high"
Posted by pinky at 02:24 PM | Comments (0)

oh blog where is thy zing ????


  generally way 
 too much
        dry  bone here
        and 
       not enough  smokin ham 


   so .....we 'll work on it 


===============================



Posted by pinky at 02:13 PM | Comments (0)

why deja vu shit happens




reinsure and they will rebuild 



so the wheel turns 


Continue reading "why deja vu shit  happens"
Posted by lady eve at 10:18 AM | Comments (0)

lot tax and export tax revisted




part 7 
of 
if i were numero uno
 on the chicom politbureau 


==============================



Continue reading "lot   tax  and  export  tax revisted"
Posted by lady eve at 07:25 AM | Comments (0)

there's really no exit from the imperial dollar



" what'll it be  mistah
            dollar yen or euro ? "

those are u're 
       reserve currency choices 

   and hey they don't play fair
                  ...any of em 





===================================


Continue reading "there's really no exit from the imperial dollar"
Posted by lady eve at 07:25 AM | Comments (0)

emerging asia croaks free world wagery world wide





here is an eel among eels 


  my comments will be interspersed 
as i get around to making em

come back in a week:


my  crock pot 
  cooketh slow

but steady  


==========================================


Continue reading "emerging asia croaks  free world wagery world wide"
Posted by lady eve at 07:25 AM | Comments (0)

cultural capital


  welcome 
to    one more 
     
    brand   
        of
           meritoid 
                     barbed wire 

                   

            " cultural capital "


 sure  sure sure
   its  just the same old shit
           in a new can 

        but soft .....have some fun 


==============================


Continue reading " cultural capital"
Posted by lady eve at 04:44 AM | Comments (0)

pump cuts



more  pump price detail

just storing it here for now

pass on by you fuckin  drovers 
                         pass on by 


Continue reading "pump cuts"
Posted by lady eve at 04:44 AM | Comments (0)

October 14, 2005

DOLLAR DYNAMICS





   the trio of 
              exchange rate 
                   inflation rate 
                          and interest rate 

   never do they play 
                solos or even duets



================================================ 
          
                 


Continue reading "DOLLAR DYNAMICS"
Posted by lady eve at 04:19 AM | Comments (0)

free ride




uncle gets a big boost 
thanx to the dollars reserve currency role
world wide

how big ???

 read on  termites read on  ...
=========================================


Continue reading "free ride"
Posted by lady eve at 04:19 AM | Comments (0)

October 13, 2005

160 million surplus farm workers in PRC




  talk about an over hang 

 

 try this on

  thats larger then 
  the total world's  industrial work force 
          imagine
them all   replaced out of one country's
 rural  surplus 



Posted by lady eve at 02:14 PM | Comments (0)

October 12, 2005

game theory is a dangerous toy ....


  

not a basis for real  science 

and yet

"Robert J. Aumann 
and Thomas C. Schelling
 won the Nobel Memorial Prize 
in Economic Science 
yesterday for their work 
in game theory"
            (nyt)

after last years
    chamber of commerce choices
  these gizmodians 
  make it two  loud fouls
          by the swede bankers 
                     in a row 


===========================



Posted by pinky at 02:48 AM | Comments (0)

all is right with the world


nyt this morning :



 " For Fifth Year in Row
               Yanks  Hit Wall "


======================================


Continue reading "all is  right with the world"
Posted by pinky at 01:47 AM | Comments (0)

October 11, 2005

the eyes' of Miers are apon uz


 i had to stop my start up for a mo
to akst u all dis

  "what in fuck 
     do those eyes do for  your spine ?????"

them's dead flesh eater's to me ....
                        and i mean  grave yard stuff 

 

    "err  madame justice ...err... 
                   you creepy 
                   fuckin' ghoul ...errr "

================================



Posted by pinky at 01:08 PM | Comments (1)

October 10, 2005

will the fedskins kold turkey the wagery's credit addiction




 good good question

my guess ....

  yup and nope 



Posted by lady eve at 08:16 AM | Comments (0)

a Say's law for trade diversion ?????


that's hardly likely :


so where does that place
  all this grand standing 
   about the  under valued yuan....?????

     
             

============================================


Continue reading "  a Say's law for trade diversion ?????"
Posted by lady eve at 06:01 AM | Comments (0)

October 09, 2005

on dipping into mundell's bog


here's a nice
mundellito


" I know of no central banker
 who would like to think 
 his actions 
can be expressed effectively 
 by a simple  system of 
        differential equations"

want more .....????


=============================================


Continue reading " on dipping into mundell's bog"
Posted by lady eve at 05:27 AM | Comments (0)

October 08, 2005

" forced savings plus job soviets =


 

 .... 21st CENTURY SOCIALISM 

             ...... THE REST IS MARKETS "

 
 that was the entire
  content
  of an  e mail
  i  just got

from  my  
        ex husband
             doctor  tray  fausto 

         

           lets consider it
                         shall we  .....


==================================


Continue reading " " forced savings plus job soviets ="
Posted by lady eve at 10:26 AM | Comments (0)

October 07, 2005

pollin nitsky


 
  i'm forced to ask 

  what invisible hand 
   guides this nit wit ????



=====================================


Continue reading "pollin nitsky"
Posted by lady eve at 07:07 AM | Comments (0)

October 05, 2005

who owns the future ??? episode 23




  "no one owns  stocks  any more
                           ....personally "

                         george jetson 2041 



Posted by pinky at 07:52 AM | Comments (1)

buy sell texas style


   here's a nice use of the triangular deal 

 electric power generators 
bought and sold and sold again
in the houston area...


============================


Continue reading "buy sell texas style"
Posted by pinky at 07:49 AM | Comments (0)

globalizing wage labor / stopler samuelson





here's catching on ....



===============================


Continue reading "globalizing  wage  labor /  stopler samuelson"
Posted by pinky at 07:48 AM | Comments (0)

October 04, 2005

fergie han breathless




that great buff
           of empire's
past and present

has a woody over the future empire too...

only he hopes it has a crack up
on the way
so it can morph 
from red to 
             "democratic"


=========================== 


Continue reading " fergie   han breathless"
Posted by pinky at 10:32 AM | Comments (0)

a new broom




 herein after

expect less words and
                 more figures....


=================================


Continue reading "a new broom"
Posted by pinky at 06:45 AM | Comments (0)

pinked off




  effective immediately 

pink hereby 
           turns
the run of  the house 
over to  the lady eve


 its at long last
 time to start 
                the  start up 

hope to post
  a few progress reports here
              from time to time 

bye bye suckers....



==================================



Posted by pinky at 06:40 AM | Comments (0)

October 02, 2005

hollywood storm drain


below is 
a  post
from
"duncemeat productions "
-----------------------------


    fucking  Steven Soderbergh is 
nothin but a three toed shit stick ....


========================================


Continue reading "hollywood storm drain"
Posted by pinky at 09:45 AM | Comments (0)

October 01, 2005

seems no one cares to cuff pinky's comments


been posting at the sites 
of the  twin brads
                   
but with 
no taker uppers 

here's some of my coquetery ....


=======================================


Continue reading " seems no one cares to cuff pinky's  comments"
Posted by pinky at 07:21 AM | Comments (0)

price dynamics uber alles




 my old teacher

bill the poison pill vickery

used to beat off 
day dreaming about 
new  pricing  substitutes 

and why not 

the man's mind
  dwelled 
              only  in  dark places 
                   where markets 
                      are born/bound  to  fail.....


=====================================================


Continue reading "price dynamics uber alles"
Posted by pinky at 07:13 AM | Comments (0)