Category Archives: A Picture Is Worth A Thousand Words

Don’t ask, your guess is as good as mine.

Austerity is stupid, stimulus is dangerous, lying is optimal, economic choices are not scalar Steve Waldman I’ve been on whatever planet I go to when I’m not writing. Don’t ask, your guess is as good as mine. When I checked … Continue reading

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A joyous Easter

A JOYOUS EASTER! AND FOR MY MANY JEWISH BRETHREN Moses lifts up the brass serpent, curing the Israelites from poisonous snake bites. HAPPY PASSOVER!

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Eggplant Activist

A Greenpeace activist dressed as an egg plant, or aubergine, protests in Bangalore, India on Friday against Bt brinjal, a genetically modified (GM) egg plant crop. The Indian government is organizing a series of public consultations to decide on whether … Continue reading

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BRILLIANT PALINDROME

http://www.youtube.com/watch?v=42E2fAWM6rA

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A Wet Christmas

Water flooded St. Mark’s Square in Venice on Wednesday, the highest level yet for 2009, with 143 centimeters. The flooding has filled more than half of the historical city center with water. The phenomenon of high water, which floods the … Continue reading

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The Apparatchiks

Posted in A Growing List Of One Term Presidents, A Picture Is Worth A Thousand Words, A State of Distress, AIG and all that....., Back to the basics, Bilderbergers 1 USA 0, Jacksonian Democracy, Libertarianism - the Debate, Monetary Policy - Discussion, No Bank Is Indispensable, Obama's Hypocrisy, Our phony middle class, Politicians, Ron Paul Stands Tall, Socialism, TARP fruit loops, THEY ARE ALL THE SAME, The Arrogance of Power, The Consequences of Greed, The Democrats Blew It Again, The Economics of Schumpeter, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Judeo-Christian Political Coalition, The excellent adventures of Ben Bernanke, Time For A New Third Party, Unemployment Catastrophe, Unindicted Co-Conspiritors, Wage Deflation, We Are All Cooked, We Are All Guilty, We Have Become Beggars To The World, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still! | Leave a comment

Behold the Wizard Unmasked

http://jessescrossroadscafe.blogspot.com/

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Smoke Signals

The Black Eagles, an aerobatic team of T-50 jets belonging to South Korea’s air force, fly in formation during the opening of the Seoul International Aerospace & Defence Exhibition 2009 held at the Seoul Military Airport in Seongnam.

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Palin Power

By MarketWatch LONDON (MarketWatch) — Former vice-presidential candidate Sarah Palin’s decision to quit her day job as Alaska’s governor is starting to pay off. Palin, who abruptly resigned as governor last summer to widespread media guffaws, made her debut on … Continue reading

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4 Problems That Could Sink America

If we’re lucky, the recession is winding down, and life will start to feel a bit more comfortable before long. But that doesn’t mean things will go back to the way they used to be. The global recession that began … Continue reading

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Forever blowing bubbles

dpa <!– OAS_RICH(‘Middle2′); // –> Ever wanted to know why bubbles are round? Or how bubbles can help architects solve problems? A new exhibition at the Phaeno Science Museum in Wolfsburg, Germany, is taking the childhood pursuit of bubble blowing … Continue reading

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Socialism in America

Socialism in America A great deal has been made in recent weeks about Ronald Reagan‘s critique of nationalized or socialized health care from 1961: We can go back a bit further, though, and take a look at an intriguing piece … Continue reading

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Scaling new heights

REUTERS Indonesians in Jakarta clamber to the top of greased poles to reach prizes hung at the top of them during a game played to celebrate the country’s Independence Day on Aug. 17. The anniversary marks the 64th year of … Continue reading

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Hanging in mid air

AFP Members of the “La Fura dels Baus” dance company from Spain, perform at the Giant Street Theatre in Budapest, Hungary. The 17th Island Festival is one of the largest cultural festivals in Europe and takes place on an island … Continue reading

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Is Obama running out of time?

Is Obama running out of time? Godfrey Hodgson | 12 August 2009 Barack Obama‘s stalled healthcare-reform plan reveals how crucial features of the American political system operate. Read more…

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High Flyers for Freedom

REUTERS A Palestinian boy flies a kite during a festival on the beach of Khan Younis, south of the Gaza Strip. The festival was organized by the United Nations Relief and Works Agency (UNRWA). In July this year, thousands of … Continue reading

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Live long and be prosperous!

REUTERS If the length of the train of this wedding dress represents how long the love between the happy couple will last, then this bride and groom should certainly expect to be growing old together. The aerial shot taken in … Continue reading

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Comparing the Current Recession and the “1980-82 Recession”

At least one observer has argued that the current recession is not as bad as that of the 1980-82 recession, when those two separate recessions (1980Q1-1980Q3; 1981Q3-1982Q4) are considered as one (see [1] [2]). Here is my interpretation of this … Continue reading

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Quiz: Where is the most expensive house in the world?

The Most Expensive House in The World The German island of Sylt has long been a playground for the country’s rich and famous. Prices there, though, have gotten out of hand of late. In the city of Kampen, the world’s … Continue reading

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A lot of hot air!

Getty Images A balloonist in Bristol, southwest England checks the ropes as he prepares for take-off Friday. Bristol’s annual International Balloon Fiesta is Europe’s largest hot air balloon festival and attracts thousands of spectators. This year’s perfect weather conditions allowed … Continue reading

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Keeping Cool

DPA These are challenging times for penguins living in Germany, where temperatures soared above 30 degrees Celsius on Wednesday. Many visitors probably wouldn’t have minded joining this one trying to cool off in Frankfurt Zoo.

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Latin American Outlook

Bertrand Delgado and Italo Lombardi analyze economic events in Latin America for the weeks between July 20th and the 31st and their impact on macroeconomic conditions moving forward. They focus on monetary policy, inflation, economic activity, labor dynamics, trade accounts, … Continue reading

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Is Iceland is model?

In Iceland Proves That in a Financial Crisis, Breaking Glass and Trashing Currency is a Good Remedy, Yves Smith looks at Iceland, which has been weathering a dramatic devaluation and is recovering remarkably well.

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Investing Rules For the “End of Civilization”

By Paul B. Farrell, MarketWatch ARROYO GRANDE, Calif. (MarketWatch) — In his 2008 bestseller, “Wealth, War and Wisdom,” hedge fund manager Barton Biggs warns that investors must “assume the possibility of a breakdown of the civilized infrastructure.” And to prepare … Continue reading

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Print, baby, print!

It’s hard to imagine that the monetary policy talk can get any nuttier, but we’ve likely only just begun. After all, despite the Federal Reserve growing its balance sheet by 140 percent and dropping rates essentially to zero, the bankruptcies … Continue reading

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