Because We’ll Almost Never Agree Enough About The Really Big Stuff

There are rumblings that the reason our system doesn’t work is because we really don’t have a representative democracy. Now, I’m not sure what that means since there are many different forms of both representation and democracy.  At one extreme is anarcho-syndicalism and at the other is a democratically represented republic. But if the idea is that we should form policy around majority rule we can all kiss our negative liberties good-by. I’d prefer anarchism if for nothing more than my ability to exit under such a system.

The very-wise-for-his-age Will Wilkinson, writing about the Occupy movement, spends some time discussing what I see as modern tribalism and how we might think of it:

But we will never all agree. Refractory disagreement is a bedrock fact of liberal society. As is, I would add, the darkly utopian idea Mr Sanchez identifies: the notion that disagreement is a product of malign, illegitimate, external influence. We are much too confident in our political beliefs, and our over-confidence is sustained in part by just-so stories about why others fail to see things our way. The liberal media! Right-wing think tanks! The socialist indoctrination camps known as “colleges”! George Soros! The Koch brothers! The Bilderbergers! Corporations! The state! The military-industrial complex!

There is something profoundly satisfying about believing that one’s own team alone has seen through the fog of disinformation and propaganda to the real truth about the treacherous interests that stand between our condition and the reign of justice. And there is something terrifically exciting about the sense, often engendered by visible protest movements, that one’s own team is growing, that its narrative is catching on. Conversely, there is something profoundly dissatisfying, and a little bit demoralising, in acknowledging that most people will never accept many of ones’ most ardently-held convictions, and that, therefore, none of us will ever get to live in a society that closely matches, or even roughly approximates, our beloved ideals. But it’s true all the same. And it’s true all the same that our actual democracy, for all its problems, does about as well as democracy can be realistically expected to do, given the size and diversity of this country. Frankly, we’re pretty lucky our democracy works as well as it does. There’s a great deal we can do to make it a little better, but there’s very little we can do to make it a lot better, because we’ll almost never agree enough about the really big stuff.

And bless those disagreements. That’s not a bug, that’s a feature.

What Democracy Looks Like

Thoughtful libertarians and former Reason Magazine contributor Julian Sanchez has a great piece on Occupy Wall Street and its ilk on democracy. Here are some snips:

For most of human history, we’ve spent our whole lives in social clusters of a few hundred people—we’re basically hardwired for groups of that size. That makes it easy to look at a throng of a few thousand out at a rally and tell yourself: “This is what democracy looks like.”  Except, of course, it isn’t really. Or at any rate, it’s only a tiny part of what democracy looks like.  A small group of people self-selected for their commitment to some set of shared goals and values may be able to pick a set of slogans to chant in unison, or resolve their limited disagreements by consensus process.  But real democracy in a pluralist society involves deep and often ineradicable disagreement—and not just on the optimal uses of public parks and other commons. It’s true, of course, that concentrated and wealthy interests routinely capture the apparatus of government, and use it to serve ends inimical to the general good. But a frame that sets up an opposition between “the 99%” and “the 1%” —or, if you prefer, between “Washington/media elites” and “Real America”—suggests a vain hope that profound political differences are, at least in some spheres, an illusion manufactured by some small minority.

[...]

I’m neither cynical enough to believe that our deeply flawed democracy is a complete sham, nor optimistic enough to hope the appearance of fundamental political conflict is a stage production masking an underlying harmony. But if disagreement is real—if large numbers of my fellow citizens sincerely hold very different views about what policy is best—then protest, however vital as a consciousness raising tool,  can only be a preparation for the more humdrum enterprise of convincing your neighbors with sustained arguments (or being convinced yourself), electing candidates, and all the rest. To imagine protest not as prologue to politics, but as a substitute for it, suggests a denial of the reality of pluralism, and an unwillingness to find out what democracy actually looks like.

 

Did Hayek Predict The Future?

Published in 1960, Hayek’s The Constitution of Liberty seemed to understand the problems of Medicare long before LBJ brought it to Congress:

It is much more difficult to see how it will ever be possible to abandon a system of provision for the aged under which each generation, by paying for the needs of the preceding one, acquires a similar claim to support by the next.    It would almost seem as if such a system, once introduced, would have to be continued in perpetuity or allowed to collapse entirely.  The introduction of such a system therefore puts a strait jacket on evolution and places on society a steadily growing burden from which is will in all probability again and again attempt to extricate itself by inflation.  Neither this outlet, however, nor a deliberate default on the obligation already incurred can provide the basis for a decent society.  Before we can hope to solve these problems sensibly, democracy will have to learn that it must pay for its own follies and that it cannot draw unlimited checks on the future to solve its present problems.

It has been well said that, while we used to suffer from social evils, we now suffer from the remedies for them.  The difference is that, while in former times the social evils were gradually disappearing with the growth of wealth, the remedies we have introduced are beginning to threaten the continuance of that growth of wealth on which all future improvement depends.

Semper Fi

Yeah, you know who you are.

 

Reconsidering Huntsman

Here is Andrew Sullivan’s Quote Of The Day II:

“I’d have to say that I like Trout Mask Replica, which came out in ’68, all the way through Bat Chain Puller – I mean, they represent the diversity of Beefheart. I’m a fan of the really innovative spirit of Beefheart came with the Magic Band, and they really hit it off in ’68,” – Jon Huntsman.

It’s a pretty good stretch of the imagination that I might ever vote for a John Huntsman but now knowing that he and I share a weird affection for Captain Beefheart (Don Van Vliet) his odds of getting my vote have increased substantially.

I wonder how much credit he affords Zoot Horn Rollo for the Magic Band’s genius?

The Great Keynes vs Hayek Debate Continues Tomorrow

Here’s the info:

Was John Maynard Keynes correct, can government fix the mass unemployment generated by a financial slump? Or is that a dangerous delusion as argued by his arch critic, Friedrich von Hayek? Sir Harold Evans chairs this Oxford-style debate, which focuses on the publication of Nicholas Wapshott’s Keynes Hayek: The Clash That Defined Modern Economics.

Be there and be square. In the mean time here are a couple of vids that lay out the arguments.

and

Thoughts To Ponder

Arnold Kling on derivative clearing houses:

I have been saying for a long time that a clearinghouse is not a panacea for derivatives markets. The article makes some good points. I would add that a clearing house has to use generic products, and financial institutions have specific assets and liabilities to hedge. The use of generic derivatives to hedge specific assets creates basis risk. If you force banks to use a clearing house, then you force them to take basis risk. Odds are that the next big failure would involve basis risk.

Background here.

The Future of Language

I have to admit that when thinking about language I display my radical  inner right-winger.  It’s an unusual contradiction given the fact that I have occasional bouts of contempt for the constraints of arbitrary rules. That said, I often am left with such a lack of clarity when reading contemporary text that I wish people we be just a bit less lazy in writing. That also poses for me an economic contradiction, however, if one is to embrace the goal of efficiency and economy. That is to say that everything is best produced with a minimum of inputs.  Let’s take a recent text message I received from my daughter,

r u on ur way yet

From an economic perspective this communication should be celebrated. But my Luddite tendencies would have this written,

Are you on your way yet?

In that context my daughter’s message is 27% more efficient that mine as measured by the number of characters it takes to communicate the same question.  Yet, reading it seems to violate my aesthetic sensibilities. It offends my eyes.

Of course the problem with any form of conservatism is embrace of inevitable change. The reality is, as unfortunate as I find it, that I’ll just have to “deal with it…”

At home I have the reputation of being a grammar nag. My biggest pet peeve is the improper use of “well” vs “good.” But, of course, I’m way behind the language curve on this as I’m continually told by politicians that it’s OK to modify a verb with and adjective while they tell us how damned hard they’re working to provide “good paying jobs.”  That phrase, at least to my ear, helps discredit both their studiousness and their wisdom. It’s an anti-intellectual twofer. But I digress.

There’s an interesting article on the subject of punctuation in the WSJ by Henry Hitchings that discusses the evolution of punctuation as rhetorical devises instead of grammatical constructions. He offers this little graphic:

I’m hopeful that both the interrobang and the snark will soon show up on computer keyboards (it would also be nice for us in the financial community for the € to be standard issue.)

But there is other scant evolution on the use of punctuation in modern times. Kurt Vonnegut was an early leader when, in Slapstick, he defined his symbol for an asshole as an asterisk.  It has affected me at a base level noting since then every time I see an ” * ” – which now, pun intended, represents the butt of punctuation.

I’ve read on numerous occasions that the average American vocabulary is roughly 1/4 the size it was at the beginning of the 20th century. My aesthetic tendencies find this quite unfortunate and I think the richness of language is reduced by the obsolescence of colorful words increases. But the lack of variety also makes us communicate less well as we conflate words that have, etymologically speaking, significant differences like bigotry to racism, dislike to hate and sexism to misogyny.  Our ability to know the difference exasperates an already overly hyperbolic society.  So, what’s wrong with that? Think Newton; for every action there is an equal and opposite reaction. It’s hard to get above the noise it causes in modern discourse. It also ruins the superlative effect of superlatives. Thus, we get clutter with multiple exclamation points for writers to make sure readers know a superlative is, in fact, the intent. Idiots!!!!!!!!!!!

It is both naive and romantic of me to hold any notion that we might resuscitate the beauty of English so it can be integrated into our texting and tweeting world.  But there is somewhat of an upside for those of us who love antique words. We now can get away with insulting politicians out-loud since we know that they are too lazy to look up words like snollygoster and blatherskite.  Unfortunately, using such language probably won’t get you a new BFF. 2 bad 4 u *

#OWS: Animal Farm and Road To Serfdom In One Place

From the NY Post:

Smith is a member of the Comfort Working Group — one of about 30 small collectives that have sprung up within OWS. The Comfort group is charged with finding out what basic necessities campers need, like thermal underwear, and then raising money by soliciting donations on the street.

“The other day, I took in $2,000. I kept $650 for my group, and gave the rest to Finance. Then I went to them with a request — so many people need things, and they should not be going without basic comfort items — and I was told to fill out paperwork. Paperwork! Are they the government now?” Smith fumed, even as he cajoled the passing crowd for more cash.

Are they the government now?  Why, yes, and it will only get worse.

OK, I’ve Finally Stopped Yelling

It wasn’t long ago when I viewed the world in a pretty binary fashion. I looked upon society as a competition between irreconcilable ideals; left v right, security v freedom, liberty v democracy. I can no longer abide these false dichotomies.

No, I’m not admitting that I was wrong on my greater instincts about how society should work. I’m still a radical for liberty – including capitalism.  I still have an increasing distrust of government and its ability to solve problems. I still am cynical about the motivations of do-goodery by professional do-gooders.  And I still think that Locke was right and Hobbes was wrong (although not as wrong as Rousseau.) The difference, I think, is that now I’m much more certain that I could be wrong. Not that I am.

I began publishing thoughts on the internet about 10 years ago. At first it was my own musing at the old pre-blog davebudge.com and then as a contributor at EnterStageRight.com and other “conservative” on-line publications. And as I increased my writing over the years I become nothing more that another member of the perennially pissed-off. I honed my skills in hurling churlish insults at my ideological others.  I became a caricature of the three Vs of blogging; vitriol, vituperation and veneer.  What a waste of time.

I have become increasingly disillusioned with conservative commentary with respect to seeing that the right’s confirmation bias is as stark as the left’s. I’m disappointed by most, left and right alike, in the failure to argue in good faith. And I’m just tired of everyone calling each other stupid or evil or lazy.

It was an encouraging break when, recently, ProblemBear of 4&20 Blackbirds decreed that being angry was personally counter-productive. And young Lizard, of the same ilk, has come to a similar reflection.  I’m also appreciative of the fact that it’s been several years since Pogie has called me an idiot and a while since Wulfgar has gone, well, Wulfgar on my ass. In both cases I think we’ve recently had some quite rational discourse.  And I even think that JC no longer thinks that I’m summarily full of shit. That, however, may be my confusing his demonstration of good manners toward me as opposed to what he really thinks. At least our interactions haven’t been personal polemics. Additionally, I would be remiss in not mentioning that jhwygirl is and always has been gracious when called out with competing ideas (even though I think she’s often a bit too quick on the trigger in promoting the lasts blast du jour from the left.) But at the end of the day she is always thoughtful and open to argument while very rarely resorting to ad hominem rhetoric.  And all the while I have to admit that any bad will between anyone with whom I become nasty is not all their fault. I’ve excelled, at times, in being an insufferable ass-hole. Just ask my kids.

I won’t go as far as to say that I am tolerant of everyone in the blogosphere. It is intolerably tedious to me when my co-bloggers at Electric City Weblog are treated in bad faith. All of them, Gregg, Rob and Travis are huge intellects with deep resumes (far beyond my own) and all deserve not simply courtesy but respect – even if one disagrees with their thinking. As I’ve said in the past, I often hold back over there because I’m afraid that they will be painted with guilt by association to me. They are all more  thoughtful and gracious than I might ever be and I’m privileged to be able to publish with them.  My inclination is almost always to tell their detractors to “fuck off” but I know that all of them would prefer to do their own defense.  But just for the record, if you refer to Rob as “purfessur” or some such you can take it as a given that I’m telling you to “fuck off.”

I think it was about six months ago when I decided that I would try my best to knock-off the insults. I’ve violated that rule from time to time but, overall, I’m working on my manners.    The upshot to my own behavior is that I’m no longer perpetually pissed-off. I no longer  think that every motivation is suspect and has ulterior motives. I no longer care to fight. In a twelve step program this would be called living one’s way into better thinking rather than thinking one’s way into better living.

What does seem profitable to me is looking for new, big, ideas. It also appears to me that I would profit by attempting to understand my opponents motivations and logic to the point where I can argue their position as well as I can argue my own.  That’s hard to do. Our thinking gets subsumed by our experiences and maybe Descartes was right to hold suspect all that we perceive to be real.  The best example is the modern libertarian  notion that our rights are being continually attacked. That may be true if one is a white male but if one is a gay black women freedom is looking damn respectable when compared to life in 18th century America. As always, where you stand depends on where you sit. We all profit from keeping that in mind (and yet another reason to read John Rawls.)

So, if I could ask anything of everyone who engages in political and philosophical discourse it would be to at least try to approach the world with a great deal more of good faith and stop calling each other names. There are good socialists and there are good capitalists and no one has a monopoly on truth. No one.

To correct what the Wizard of Oz should have said, it’s not a matter of how much people like you. What really matters is how much you like them.  That’s a matter of choice.

Taking A Break From Blogging

Thanks.

See you later.

No, Mr. Krugman, Ben Bernanke Isn’t A Cowering Pussy Like You

Krugman is blaming – preemptively I might add – the potential inaction of the Federal Reserve to engage in some unconventional monetary policy.His blaming missive starts with:

But I’ll be shocked if Mr. Bernanke proposes anything significant — that is, anything likely to make any serious dent in unemployment or offer any serious boost to growth.

Why don’t I expect much from Mr. Bernanke? In two words: Rick Perry.

O.K., I don’t mean that Mr. Perry, the governor of Texas, is personally standing in the way of effective monetary policy. Not yet, anyway. Instead, I’m using Mr. Perry — who has famously threatened Mr. Bernanke with dire personal consequences if he pursues expansionary monetary policy before the 2012 election — as a symbol of the political intimidation that is killing our last remaining hope for economic recovery.

I’m not going to defend Rick Perry’s rhetoric except to say there was no threat of  “dire personal consequences if he pursues expansionary monetary policy before the 2012 election” beyond some stupid bravado.

The ex-economist actually outlines the real issue why Ben may not move:

Was Mr. Bernanke on the right track? I think so — as well I should, since his paper was partly based on my own earlier work. So why isn’t the Fed pursuing the agenda its own chairman once recommended for Japan?

Part of the answer is internal dissension. Two weeks ago, the committee that sets monetary policy declared that conditions “are likely to warrant exceptionally low levels for the federal funds rate at least through mid-2013” — that is, it didn’t even promise to keep rates low, it just offered an observation about what the state of the economy is likely to be. Yet, even so, the statement faced serious internal opposition, with three inflation hawks on the committee voting against it and calling it a mistake.

I’ve spent a great deal of time reading interviews from those three dissenters and, agree or disagree, they have compelling rational arguments based on economic theory. But of course Krugman can’t seem to understand that the internal politics of the Fed likely have more to do with whatever Bernanke does than the testosterone laced horsehit of an elected official. His conclusion:

The larger answer, however, is outside political pressure. Last year, the Fed actually did institute a policy of buying long-term debt, generally known as “quantitative easing” (don’t ask). But it faced a political backlash out of all proportion to its modest effect on the economy, culminating in Mr. Perry’s declaration that any further monetary easing before the 2012 election would be “almost treasonous,” and that if Mr. Bernanke went ahead and did it, “we would treat him pretty ugly down in Texas.”

Now just imagine the reaction if the Fed were to act on the other and arguably more important parts of that Bernanke 2000 agenda, targeting a higher rate of inflation and welcoming a weaker dollar. With prominent Republicans like Representative Paul Ryan already denouncing policies that allegedly “debase the dollar,” a political firestorm would be guaranteed.

Well, I have a feeling that it wouldn’t take much more than a loud “boo” from George Will to get Krugman to scurry under his bed frame and quiver but I don’t think that Ben Bernanke even considers it in his economic calculus. The Fed is independent by design and, as we’ve seen over the course of history, the institution has held up pretty well in the face of external political criticism.

But Krugman’s real point is to paint the political world as being “held hostage” by beg bad mean Republicans who just happen to disagree with his economic hypothesis.  Because Krugman can’t sell his “fix” he takes the tack of whining like a scared child that only stupid-head meanies are in the way of fixing the world’s problems.

The three dissenting votes at the Fed have intellectual allies at the head of the European Central Bank and several other reserve banks around the world. They all may be wrong but so may both Mr. Bernanke and ex-economist Krugman. But the only one acting like a pussy in this monetary mash-up is a Princeton professor who burned Bush in effigy after the 2008 election.

And if he showed up here I’d be inclined to “treat him pretty ugly” too. By that I mean I would call him an asshole and a fraud and tell him to get out of my house. But I wouldn’t, nor do I think Rick Perry would, inflict any “dire consequences” on his person. But when you’re a pussy “names can ever hurt you.”

And just to be clear; I’m agnostic on the remedies that Mr. Bernanke prescribes.  I have so much respect for Scott Sumner - a monetarist who has been screening for such measures – that I think they might be viable. I’m just not smart enough to know.

Ballet & Baseball

Hey all you ballet fans! Hey all you baseball fans! The Missoula Osprey game of August 20th includes a benefit for Rocky Mountain Ballet Theatre.

An Osprey game is always a great night out.  Beyond the aspiring athletes there are silly physical challenges for willing fans who step up to make asses of themselves, great music and cheering crowds.

And of course there’s food for all from $3.00 hot dogs to Cold Stone Ice Cream and, or course, peanuts, Cracker Jack and candy. Just enough to keep your little kids awake with little risk of having to scrape them off the ceiling.

So, here’s the deal: The Missoula Osprey have reserved a block of very good seats right on the third base line from which a generous portion of the proceeds goes to Rocky Mountain Ballet Theatre. Tickets are the regular price at $10 each. There are two ways you can buy tickets that will benefit RMBT. The first is to go to the Osprey on-line Group Portal Login and  purchase your tickets.  Going this route is the fastest way of getting it done but there is an additional handling charge for the convenience.

For those of you who are a bit more price sensitive you can also contact RMBT and get a voucher that you can use to purchase your ticket either at the Osprey downtown office or at the park box office.  The contact information is:

Rocky Mountain Ballet Theatre, 2704 Brooks, Missoula (406) 549-5155

And, if you really need them to, they probably can deliver them.

The dancers will perform at around 6:45 -  just before the game and, although it’s only a rumor at this point, they might even do another bit at the seventh inning stretch.

Oh, and BTW, that’s my kid in the picture at the top.  She’ll be there. So will I – but don’t let that stop you from showing up and having a great night.

If you have any other questions drop me a line at dave@davebudge.com or to RMBT at rmbtrs@aol.com.

Hope to see you there.

Tim Geithner Trying To Sell Crazy

Just look what Timmah writes today (I’ve added a few highlights):

A rescue worth fueling

On June 1, 2009, General Motors filed for bankruptcy, backed by $30?billion in support from the federal government. The same day, in the same New York courthouse, a judge approved Chrysler’s plan to forge an alliance with Fiat and emerge from bankruptcy as a restructured business with an uncertain future.

Two years later, all three American automakers have returned to profitability, the industry has added new shifts and 115,000 jobs, and GM and Chrysler have returned more than 50 percent of the government’s investment. The industry is mounting one of the most improbable turnarounds in recent history.

[...]

In return for government support, we demanded tough concessions from Chrysler and from GM — substantially tougher than had been proposed before. They were forced to go through bankruptcy, clean their balance sheets and adopt stringent plans to move toward profitability. We gave the companies enough space to make sound business decisions and push ahead as they would in a private restructuring. That meant sacrifices across the board — from managers, unions, stockholders, creditors and dealers. These investments offered Chrysler and GM a second chance but also helped the workers, communities and suppliers depending on them.

Then again, The White House reported this today:

WASHINGTON – The Obama administration said Wednesday that the government will lose about $14 billion in taxpayer funds from the bailout of the U.S. auto industry.

Let’s do a little back of the envelope calculations here: $14 billion to create 115,000 jobs = a little bit more than $121,000/job (give me $121,000 and I bet I can create 4 jobs. ) But, of course, the White House and Timmah are so abjectly full of shit that a monkey with a slide rule  can understand their semantic game of “pull the bullshit over the public’s eyes.” First, there’s the $45 billion in tax loss carry forwards that GM got to keep which, in normal bankruptcy, they would have lost. That puts the price per job at about a cool $500,000 each. The argument is that Uncle Sam isn’t actually spending that $45 billion. But when the president tells the country that the way to reduce spending is to cut “tax expenditures” he needs to be told, in no uncertain terms, “you can’t have it both ways, buster!”

Then, of course, are those taxpayers who got royally screwed by the blatant manipulation of bankruptcy laws that threw individual bondholders behind unsecured creditors (the unions) and gave away their rightful position in newly issued equity shares to both the unions and Uncle Sam. This is one of the biggest “fuck yous” the government has handed out since the creation of the Bureau if Indian Affairs.

The risk is, as always, that the liberal arts community (by that I mean “educated” lefties) will buy that crazy shit that Timmah is selling. If they do I’m here to remind them that they’re idiots.

All a-Twitter

You can follow me @davebudge

Attempting To Get My “Good Neighbor” Card Back

Click on images to enlarge.

Before

After

Before

After

I still have another set of stairs to build at the bottom of the garden – and a fence – and a gate. And then pea gravel between the beds. But we’re getting there.

Is Paul Krugman A Zombie?

Don Boudreaux says it best about Dr. Krugman’s NYT piece today:

The number of flaws in today’s Krugman column are far larger than the one I highlight in the above letter.

Dr. Paul Krugman – who wrote splendid economic essays in the 1980s and 90s – would, were he still with us, scold Mr. Paul Krugman for the latter’s column in today’s edition of the NYT.

Read both of them, Krugman’s first, and try to see where Krugman falls off the rails before reading Boudreaux. I had intended on writing about it this morning but life got in the way. But Boudreaux is so much better anyhow and, if you really want a better fisking of Dr. K by Dr. B read this.

Maybe DR. K isn’t a zombie but he sure seems to be embracing his inner Luddite.

Raised Beds

I know it doesn’t look like much but it really has been a lot of work just getting it to this point. I have let the garden, err, “fallow” for about the last seven years and amongst the waist high weeds were all sorts of hidden discarded items that had been deposited there by the wandering youth that are often confused for my considerate children. I’ve gotten the perennial herbs in as well as some other “tasties” but there’s still a long way to go.  I’m hopeful that by next week I’ll have the paths covered in pea gravel (as an inducement to get Mrs. davebudge.com to enjoy the garden.)  I have three more beds to build but I’m thinking that I’ll do it at the end of the summer so I can prepare a good compost in the new beds for the following spring planting.

At any rate, I’m sure the neighbors are glad to see something happening with the space.  Maybe they’ll reinstate my Good Neighbor card.

And all of the materials are recycled to boot!

Poetry Break

From the DMQ Review:

Renewing Your Membership in Club One Another


Overhearing her peppery, gray-eyed cry of “Get off my ass!”
—part gringo, part Mexico—you guess she’s undressing,
addressing her boyfriend, her partner, her lover, her spouse;

stranded, winded; all of us hostages to this gangster storm.
Your translation, flawless in any lingo: “Hey, lighten up!”
All space between spaces softens; you clearly hear the fridge,

its on-off friendliness, the binary push-pull of life and lull.
the way the full love-hate, pass-fail, love-leave, yin-yang swings.
Parked (maybe arked) till morning in our sudden, rain-bashed

no-star motel—no wireless, no email, no female connection—
alone with ticking blood and heart-swept buds, you flower,
renewing your lifetime membership in Club One Another.

– Al Young

Simply Because It’s Spring

Putting on my retreads.

Light Hearted William

Light hearted William twirled
his November moustaches
and, half dressed, looked
from the bedroom window
upon the spring weather.
Heigh-ya! sighed he gaily
leaning out to see
up and down the street
where a heavy sunlight
lay beyond some blue shadows.

Into the room he drew
his head again and laughed
to himself quietly
twirling his green moustaches.

– William Carlos Williams

Conservatives Take Canada

Missed in the jubilation of the killing of OBL was an election in Canada.

May 3 (Bloomberg) — Canadian Prime Minister Stephen Harper won a majority of seats in Parliament for the first time, giving his Conservative Party a mandate to secure the economic recovery with additional tax cuts and erase the country’s deficit with curbs on government spending.

Tax cuts? Spending cuts? A progressive country indeed.

Worthy Of My Contempt

John Ensign gave his farewell speech in the Senate today in which he apologized to the Senate.

To my Senate colleagues, I would like to take a moment to apologize for what you have each gone through as a result of my actions; I know that many of you were put in difficult situations because of me, and for that I sincerely apologize.

That’s nice, John. I have but one response: Fuck you! How about an apology to your voters?

I Think, Therefore I Laugh

I’m sharing that uplifting feeling I get from reading Satre.

Little Mis-manners

It’s been almost two years since I put a post on this site.  For the most part I’ve just been using it as my home page to keep my favorite links in a place that is both handy and familiar. More importantly, however, is that I been doing most of my posting at Electric City where my attention has been on the Econ beat.

My co-bloggers at ECW are surely more astute and better writers than I am.  I would suggest that I’m an outlier in that group insofar as I’m  more libertarian – almost to the point of being an anarchist nowadays.  I’m also far more banal and churlish as well.  Therein lies the rub.

Upon reflection I see that I have been prone to significantly “hold back” at ECW whether it’s in response to a comment or writing a post that I think my co-bloggers could be painted with guilt by association in their public and professional lives.  I’m sensitive to that out of my great respect for each of them.  I also often wonder if they don’t participate as much due to that concern and my propensity to lob F-bombs at morons.

I also wonder if my increasing (at an increasing rate) interest in esoteric economic theory detracts from the flavor of the site and overall interest of ECW’s reader base.  What I know for sure is that, for the most part, I’m writing away from the average audience there since most people, save those in economics and finance, aren’t interested in things highly theoretical based on abstractions developed by thinkers the popular culture largely ignores.  But it is exactly those ideas that come closest to providing me the intellectual satisfaction I need.

Finally, there are so many things that I should write about that are more personal; family, food, music, poetry, etc. that I have been neglecting – and this isn’t due to my affiliation at ECW – that seem so much more appropriate here than there.  On a certain level I’ve posted things there simply because my co-bloggers are otherwise occupied.  I don’t think, in retrospect, that makes ECW more attractive.

Anyhow, I don’t know what my future is with respect to blogging. I’m sure I won’t stop. I’m also sure that, lately at least, it hasn’t been at all satisfying.

Frugal Or Broke – Across The Boards

From Gallup:

PRINCETON, NJ — Baby boomers’ self-reported average daily spending of $64 in 2009 is down sharply from an average of $98 in 2008. But baby boomers — the largest generational group of Americans — are not alone in pulling back on their consumption, as all generations show significant declines from last year. Generation X has reported the greatest spending on average in both years, and is averaging $71 per day so far in 2009, down from $110 in 2008.