Category Archives: Economic Meltdown

Fallout Day

Sometimes a slow news day is a good thing – everyone needs time to recover and put things in perspective. And this was the week that Obama finally endorsed same-sex marriage – as a basic right and a matter of … Continue reading

Posted in Bullying, Constitutional Law, Credit Default Swaps, Economic Meltdown, Gay Marriage, Mitt Romney, Obama Backs Gay Marriage, Perspective, Political Trends, Politics as High School, Regulation | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

Everybody Knows

Call it information momentum – there’s a moment when everyone just knows something is so. That’s what politicians try to achieve, that moment when everyone seems to know your opponent is a fool, or at least one sleazy bastard, and … Continue reading

Posted in Austerity Economics, Economic Confidence, Economic Fear and Panic, Economic Meltdown, Information Theory, Market Crash of August 2011 | Tagged , , , , , , , , , , , , , , | Leave a comment

Hoping No One Is That Stupid

They call Chapel Hill a Little Bit of Heaven in the South – and maybe it is. Even those of us up the road at Duke, in gritty Durham, would drive down there on Saturday afternoons and just hang out. … Continue reading

Posted in Economic Meltdown, Economic Reporting, Holding America Hostage, John Boehner, Raising the Debt Limit | Tagged , , , , , , , , , , | 1 Comment

Adventures in Assigning Blame

Someone has to be blamed. We all know that, whatever awful thing just happened. An explanation won’t do – no one wants to hear that many things led to a disaster, some seemingly random and some the result of no … Continue reading

Posted in Assessing Political Blame, Blaming the Economic Victims, Economic Meltdown | Tagged , , , , , , , , | Leave a comment

Not Imagining the Unimaginable Happening

Sometimes the unimaginable happens. Back in the sixties, when it was long hair and talking about the revolution and about not trusting anyone over thirty, the Beatles released that ditty about finally turning sixty-four – and it didn’t seem to … Continue reading

Posted in Black Swan Event Theory, Economic Meltdown, Epistemology, Political Epistemology | Tagged , , , , , , , , , , | Leave a comment

That Private World

Dickens is not everyone’s cup of tea – in fact hardy anyone reads him now, and probably few even know who Charles Dickens was. He was not a power-forward in the NBA or a NASCAR driver after all. Yes, recent … Continue reading

Posted in Economic Issues, Economic Meltdown, Economic Recovery | Tagged , , , , , , , , , , , | Leave a comment

When In Doubt Extend and Pretend

Americans have their odd enthusiasms, some of which are attributable to marketing. In professional football, the Dallas Cowboys decided, for a time, to brand themselves America’s Team. That was pretty clever – it made everyone feel great about everything. They … Continue reading

Posted in Economic Confidence, Economic Issues, Economic Meltdown, Economic Theory, Ireland's Economic Crisis | Tagged , , , , , , , , , , , , , , , , | Leave a comment