Incumbents that engage in hyperinflation usually gain political benefit in the short run, and the short run is all they care about. The Weimar government was not punished at the polls.
Goldfellas
This is a spoof of Goldman Sachs CEO Lloyd Blankfein memo warning employees to avoid making big-ticket, high-profile purchases
The error of conservatism
the female sexual impulse, evolved in a world of patriarchy and strong social restraint on female sexuality, is maladaptive in a world of equal position within status hierarchies and no external sexual restraint.
The Amazing Brilliance of Sarah Palin
Palin described “America’s Affordable Health Choices Act” as death panels. The Cathedral, (meaning the MSM, the politicians, the professoriat, senior public servants, and assorted people employed in the upper reaches of the ever more numerous quasi governmental organizations) react with apocalyptic outrage – thereby drawing the public’s attention to various parts of the act that are, indeed, death panels. Sarah Palin smiles sweetly and lets them hammer themselves to pulp. …
Moral progress
I suggest we are not more virtuous. Consider the crimes of the twentieth century. Rather, we have strong states that reserve criminal conduct for themselves. When those states weaken, we see private crime on a scale typical of earlier of history, when they are strong, we see enormous crimes by states.
Social decay
Whatsoever the government sponsors, tends to turn bad. Since government funds are ill defended, grantsmanship based government funded memetic diseases will always outcompete truth based science, and similarly grantsmanship funded memetic diseases will always outcompete art based on beauty. Government funded art will rapidly become ugly and stupid. Government funded science will rapidly become untruthful and stupid, string theory as much as global warming theory.
Denying Darwinism
There is on the blogs a lot of debate as to when the idea of common descent and the tree of life originated – “genetic futureâ€, as usual, gets it correct, “Panda’s Thumb†gets it correct, and “genetic inferenceâ€and “evolving thoughts†as always, get it politically correct. From any political post of “genetic inference†and “evolving thoughts†you can deduce that they will lie about Darwin, and conversely from the …
Chinese GDP to surpass US by about 2016 or so
Meanwhile, however, the US government is engaged in a sufficiently determined attack on tax havens, having recently successfully pressured the Swiss to deny financial services to Americans, blissfully unaware of the increasing dependence of the American economy on entrepeneurial skills and knowledge mediated through such havens. Interpreting the golden goose as a parasite, as a challenge to their authority and a rejection of their superior wisdom, they prepare to slay the golden goose.
Purple shirts:
Hotair thinks this will rebound against the Obama, but history tells us otherwise. People love the strong horse, and despise the weak horse, and beating people up looks very much like strength if you can get away with it.
The vast majority of defaults were black and hispanic
Hat tip Steve Sailer who provides the breakdown of defaults. The proximate cause of the international crisis is that the US$, the international reserve currency, lost much credibility. The proximate cause of the US$ losing credibility was massive defaults by blacks and Hispanics, and the proximate cause of the massive defaults by blacks and Hispanics was affirmative action lending to people whom I could tell at a glance from twenty …