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This is the archive for February 2009

Sunday, February 15, 2009

Blaming the current financial crisis on the failure of markets is like blaming an airplane crash on the failure of gravity.

The markets didn't fail, you demanded they do something impossible. This crash is the predictable and correct result of the inputs you provided. If you let an airplane turn into an ice-covered flying brick, gravity continues to do exactly what it will do - your flight plan might as well be a parabola - and people die. The NTSB never, in its investigations, asks "What went wrong with gravity?" What makes you think markets are any different?

You might think that we can find an alternative to markets, that markets are a political tool that can be chosen or rejected. They're not. They operate at all times and in all places, and always by the same laws. They are the given that your political positions are tested against.

You have failed.

Friday, February 06, 2009

The people trying to politically destroy Obama (a just and noble cause), have made a tactical error bad enough that if you told me that Obama himself had put them up to it, I might believe you. They're claiming that his aunt is in the country illegally, and if he doesn't deport her, he will have no more credibility.

New Checkers Speech in.... 3... 2.... 1....