it amazzzzzzzes me sometimes 'round here

paul k
does a fairly silly bit on

obama strikes back..

blah blah ….

and

comments pile up like ….oyster shells at

a tide water elks club

meanwhile one post belower

professor larry summers jr
gets nothin but drip drip drip…

hark

the porcine tribune of angelic neoliberalism
usually so over thr brim filled ” cold command “

here

pulls what ??

an aleatory mush mouth meandor ???

a hand wringer no less
from el duce de macro !!!!!!

prima facie
evidence

of stymie time up in harvard yard

if so if the policy options feel like a wedgey

then its prolly

deeper shit we all is in

then larry dareth admit… even to self

whither the dream called
marketplace earth ?????

we have entered
a new era

and
larry gets it

the era of

' not to worry world…amerika's got binge '

am over hoss

and to boot
rising nations are looking

only to their own…. national prospects..

and dearest uncle hegemon
but drifts …headlessly ….

hell citizens

our realistic choices for potus nextus

gabble over who cast the first of the latest

mad cap mud pies

and this even as …

“The next administration faces … the most consequential international economic policy choices in a generation “

and yikes

—-for larry's

pay pals in the stateless elite—-

“at a time when the confidence …
in free markets…” here at home “… is …”

wait for it

”.. increasingly questioned ”

yup
by the likes of who ??

by the likes of
me et u

we much too put apon
hoi ho poloixxxx

there's no time for a foolkrieg
here in the insecured homeland

john v

“because of government influence in authoritarian nations and people's perceptions based on relativity rather than any measurable absolute”

you reel here

like an amateur drunk

nothing in the piece suggests any of this

larry is sly —-if squeamish —-
he hardly draws out

the contradictions in his claims

read symtomatically

i see a mandarin of uncle's empire
here worry worting

about the stability of pax americana

vis a vis

the han-rus menace

and even if he'd like you to swallow
his kool aide

about …'ultimately

its anti little people's welfare

to oppose run away job fests '

anti globalists here at home
pose a greater challenge then myopia

larry 's rightfully worried
that some asshole innocent

american votin majority

might just start votin for

their own better jobs and wages

not for

the best laid plans

of wall street inc

avoid

i'm a middle of the rogue type thinker

induced

pink elephants johnny

jon

you seem to tilt away from the primus mobilus
corporate wage arbitrage profits

its all about the golden link
forged by the trans nats

between tech transfer — the source of social progress—-

and exports to advanced markets

not the largely adventitious

nation building schemes

of the politbureau

“Wealth creation from international trade comes from the more efficient utilization of natural resources “

that's h/o think
consider also production technique

but nothing in text books accounts for this :

a Han peasant today
by moving from rice paddy to toy plant

increases his/her “value added” per hour

by…maybe 1000%

—- its perhaps needless to add
thats measured using

a currency prolly forexing itself

at one third its “fair “value——

only the wildly complex structure

of our planet's 'real world 'markets

can produce such

globally irrational

pareto inferior

local outcomes

why do they persist ??

cause they turn a dandy profit
for the right folks

anne

think of larry
as a mine-shaft canary

for the corporate cross border hi fi “in crowd “

he just started to croak
on the toxic exhaust

from the international harvester

wall street's been running across vast patches

of our brownishing planet

these last 30 years

“an authoritarian country with such a gigantic population that the U.S. worker cannot possibly compete with.'

not so jon

given the right forex rate
we could trade

with a mutual benefit

Posted by js paine at 01:02 AM