That observation was famously by the late John Maynard Keynes; the economist believed to be the greatest of all Keynesians, American giant John Kenneth Galbraith (for more reasons than his 6’8″ stature.) has died, at age 97. Galbraith gave our vocabularies terms like “conventional wisdom” and “countervailing power,” he gave our libraries The Affluent Society, he gave our nation service as an advisor of Presidents from FDR to Clinton, and as Ambassador to India in the 1960’s, and he gave academia decades of service as an economics professor at Harvard, not to mention numerous seminal works of economics, including probably...
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Saturday talking dog blogging (take 10)
And so we find ourselves starting to reach down to characters like Barnyard Dawg, protector of the chicken-house from such predators as right wing chickenhawk Henery Hawk, and Southern blowhard rooster (my guess is a Zell Miller-type DINO) Foghorn Leghorn. Some of you have suggested that I consider Snoop Doggy Dogg for this feature, but I have learned that he is not a talking dog at all, but a rather troubled human being. Hence, the rap on him is he ain’t a dog… sorry Snoop fans. The thing with Barnyard Dawg is, like other Warner Brothers talking dogs such as...
Continue reading...Sez WHO?
Hard exactly what to make of the third major A.Q. figure to recently release a videotape, today, on an “extremist website”, in this case a video by Al Qaeda overall “number two” and the man widely viewed as its “operational” head supervillain, Ayman Al-Zawahiri. This taunting videotape arrives shortly after similar tapes from OBL himself and Al Qaeda in Iraq (TM) leader Zarqawi… coming as it does in a bloody April for American troops, as well as a particularly bloody political period for the Bush Administration as the lethal combination of high oil prices, GOP corruption, legislative malaise… and that...
Continue reading...Not Underestimating the Stupidity of the American People
Nope. Republicans of the current era could never, ever be accused of that. The uninformed electorate is our best customer, to paraphrase a New York area men’s clothing store’s tagline. Thus, it should come as no surprise that some of the brilliant ideas for dealing with high oil prices that have emerged from the geniuses in the Republican majority in the senate include a $100 “gas tax holiday” (in the form of a Treasury sponsored rebate check… thank you for driving an SUV) or more funding for “alternative fuels”… the President, down on the Gulf Coast for another photo op...
Continue reading...Operation Iraq Leaving
I’m sure you’re all aware that the original name of the Excellent Iraq Adventure (TM) was none other than “Operation Iraqi Liberation (TM)”. The problem with such a name is obvious: it creates a subliminal dissonance in constantly saying “it’s not about oil” when the brand name you chose for it has a convenient acronym of O.I.L. (Hence “Operation Iraqi Freedom”– OIF– was born.) Anyway, I guess we need to come up with something like “Operation Hold the House” or “Operation Fool the Rubes So we can Win the Mid-terms” or something like that. Because reminiscent of the old SNL...
Continue reading...Jack the Ripper Named Medical Examiner
Banking that there is no limit to the stupidity of at least a plurality of the American people (and on this point, I may well agree with them), the Bush Administration announced an investigation into possible price-gouging-at-the-pump as the reason for the nation’s record high retail gasoline prices (in marginal, not-inflation-adjusted) terms. This, of course, follows the kabuki-like “pressure” to do so from GOP Congressional leaders which I recently alluded to in this post over at the American Street. Oy. Bush foreign policy and energy policy have almost been designed to drive up the price of oil (just as his...
Continue reading...Supreme ironies: when the law gives you lemons, make lemonade
Such is the rather upbeat take by our friend Scott Lemieux of a trend among recent lower federal courts to ignore the weasel words of the infamous Supreme Court Bush v. Gore decision, and actually use the decision itself for the proposition that the precious rights of voters shall not be diluted by legislative schemes intended to do so, such as recently, one in Ohio duly voided by the Sixth Circuit (based in Cincinatti). The Supreme Court, much like some of my employers used to do when giving some particular day as a holiday, would say “this applies today, but...
Continue reading...Saturday Talking Dog Blogging (IX)
This week, we’ll give you that adorable “family values” setting Augie Doggie and Doggy Daddy (a/k/a Dear Old Dad). Unlike some of our entries where the subject’s being, you know, a talking dog, is actually a fascinating metaphor (like Mr. Peabody, for example), these two could have been any animal, or even people… I understand that in the usual Hanna Barbera recycling process, they were derived from some talking mice (no not these…) While superficially, I am reminded of perhaps myself and the Loquacious Pup, there are a number of immediate striking differences. First, like many patriarchal 1950’s era fantasies...
Continue reading...CIA Boss Goss: Leaker Tossed… Truth Lost…
The CIA announced that a veteran CIA employee (the Associated Press asserts that her name is Mary McCarthy…last assigned to the CIA’s inspector general’s office looking into allegations of torture at prisons in Iraq) was fired for speaking to reporters about the CIA ghost prisons in Eastern Europe that resulted in a Pulitzer Prize to Dana Priest of the Washington Post. As we know, there are good leaks, that support the parochial interests of the Bush family, their principal campaign contributors, and their family retainers… and there are bad leaks, that, well, don’t. This apparently was a bad leak, and...
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