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a few digital doo dahs
at it with the usual minimum of impact
those who will not listen
can not be saveddidn't read the comments yet
not even those of anne of a thousand links
but the post got me too ripped
so i dropped right down here
to rantthese index quibbles
is this bad...really baddouble dope deadly bad
any price index
today looks like a misery index onlywhy ??
because
wages have not the leverage to respond
don't agree ??
then show me how and whereconsequence??
no f in way
can this turn itself into
a wage pushed profit regaining
race up the price polewe got nothin here that sez
it can only end with
a policy juiced unemployment spike
ala
the big V little rreagan dunkirk follies
this bulgeis the very mechanical result
of a series of ground rent pass thrus
from house lots to crude oil
price spirals ???yup
but
both spec driven
and
slack credit aided and abettedsince there were many other fiscal ways
to skin the 01 and after slow down
i'll skip the alternative universe bitand just add
praise be to henry george
and hell fire
for all the knowing enablers
of this bout of worthless passive
enrichment
and you boyos know just who you are
don't you
-----------------------------piotr
i like your two fisted attackbtw
the victorian name for the self serving capitalists fallacy
you punch so effectively
was the wages fundhey
the mad science used to buttress
the very practical
job pay minimizer movement
is as old as the system of wage labor itself
and
the hog wash has many varieties
many labels and many vintages
pinky
--------------------------------
brad
u got two birds in flight here
bird one
iran
spending like santa
and you're saying about her
we might try lowering oil prices
to weaken her regime's popularity ....
well
ain't that
kinda
a slippery sloping mission
for a sober lad like yourself to be suggesting ?????
-----------------------
bird two
the underspending gulf oil sheikery
same old same old
i like your line
"the oil states are contributing far more to global demand for financial assets than global demand for goods and services."
it has an easy next door answer
a set of popular islamic regimes
like iran's got-------------------------------------
talk about mr chiang
i'll reveal my preference
and arab world that goes thru the same process as iran has gone thru since the shah was toppled
okay so to me its for the arab world
what
the protestant reformation was for germanic europe
lets hear those out raged
post enlightenment voices
i'm bracing myself
-------------------
brad the protestant reformation only culminated in the 30 years war
all tolled
it put central eurpoe thru a 130 years of hell fire
such are the motions of history
and you are right to pause at the possibility of a rerun
we all ought to pause and re pause
and yet t'is my druthers
for reasons that would take us too too far afield------------------------
guest ???
"this is as far as the analogy holds,..."
indeed
going to deeply into a historical parallel
can get to be
like explaining a bad joke
one quibble i might point out
with your corrected retelling
by the time of cromwell
we were on to the next phase of europe's developmentsince
the english rev
is half way between
the reformation and the enlightenment
i can't share your implied optimism about iran's next step
some how
a vastly wonderful wave
of iranian "restoration comedy "
seems a few more stages away
Posted by js paine at June 24, 2006 09:03 PM