Stable Genius Liberal

Krugman : How The Other Half Thinks

While the other side was making these predictions, people like me were saying that classical economics was all wrong in a liquidity trap. Government borrowing did not confront a fixed supply of funds: we were in a paradox of thrift world, where desired savings (at full employment) exceeded desired investment, and hence savings would expand… Continue reading Krugman : How The Other Half Thinks

Racist 90 Year Old C-SPAN Caller Asks Why ‘Colored People’ Aren’t More Grateful for ‘Free Everything’

CALLER: I’m 90 years old and I just wanted to ask the colored man, why don’t colored people instead of saying what we did to them, why don’t they say what we did for them? They talk about the slavery but since then they have been given welfare, free medicine, free everything. HARLESTON: Ma’am I… Continue reading Racist 90 Year Old C-SPAN Caller Asks Why ‘Colored People’ Aren’t More Grateful for ‘Free Everything’

Done.

Migrated 4 years and 7 months of blog posts to tumblr.

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It’s 12/11/10 09:08:07.

Hayek’s Friends Should Apologize for, Not Endorse, His Road to Serfdom

Hayek wanted to make the much stronger claim that the attempt to implement Labor’s policies would necessarily lead to a loss of personal and political freedom.

This makes perfect sense because when you look at the most repressive regimes in world what makes them stand out is the generous social insurance provided by the state and not military or police spending.

Internet Jihadists are silly conspiracy theorists

The Guilliam Foundation has released a fascinating report on the content of pro-Jihadist Internet message boards. Focusing on the ideology and “social dynamics” of Arabic-language web-forums, the study finds that internet jihadists spend a lot of time attacking other Muslims, restricting free debate, and re-posting the same pro-Jihad texts. Users have little knowledge of scripture, continue to cite material from “recanted” Jihadists, and they love Saudi-funded Wahhabbi clerics. They also actively ignore information that contradicts their beliefs, shut out “bad news,” and are super-paranoid.

They sound like half the wing nuts on the net. Truthers, Birthers and Ayn Rand followers all exhibit the same on-line behaviors.

The Secret World of Extreme Militias | TIME

Their unit seal depicts a man with a musket and tricorn hat, over the motto “Today’s Minutemen.” The symbol invites a question, Who are today’s redcoats? On that point, the group takes no official position, but many of those interviewed over two days of recent training in and around the abandoned Roseville State Prison near Zanesville voiced grim suspicions about President Obama and the federal government in general. (See Obama’s troubled first year.) “I don’t know who the redcoats are,” says Brian Vandersall, 37, who designed the exercise and tried to tamp down talk of politics among the men. “It could be U.N. troops. It could be federal troops. It could be Blackwater, which was used in Katrina. It could be Mexican troops who are crossing the border.”

Amazing how much of the Clinton era nuttiness disappeared during the Bush years and then came back without missing a beat. All the same imagined villains with only one addition: Blackwater.

Sharkodile | IO9

Sharkodile

Embarrassed By Beck? | Andrew Sullivan

Compared with Sean Hannity, for example, Beck seems to me to be a relative innocent. Hannity is a cynical liar and cool propagandist. You can trust nothing he says and although I find it hard to diagnose the motives behind Beck’s enthusiasms (money? fame? emotional instability? misplaced patriotism?), he is, compared with Hannity, a model of genuineness.

I can imagine that there are people on Fox that are genuine and believe that they are in the news business and they inform their audiences in an honest way.

I can not imagine that Beck is such a person.

The fact the some people at Fox can see this makes me hopeful.