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Congratulations to the medal winners of this year’s olympic 1000 mile freestyle schlep. Iit didn’t kill you to visit Nana.

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Next up, olympic competitive eating! Go team USA. Glut-to-ny! Glut-to-ny!

40 Economists Say The GOP Has Abandoned Economic Reality

40 Economists Say The GOP Has Abandoned Economic Reality

A survey of forty economists from across the ideological and partisan spectrum has concluded that on some of its most cherished issues, the Republican Party has simply taken leave of economic reality. For instance, economists Betsey Stevenson and Justin Wolfers noted that one of the results from the survey — run by the University of Chicago’s Booth School of Business, which is hardly known for a left-wing slant — is an overwhelming agreement that the 2009 Recovery Act (i.e. the stimulus) brought down unemployment.

And the GOP responded by with a long diatribe about socialism and abortion written in crayon.

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What does it say about Romney’s campaign that to run against a sitting president, one with a three and a half year track record, they have to lie about what he said to find a point of attack? They Didn’t Build That – NYTimes.com Once again, reality has a liberal bias.

Libertarians don’t even know when to gloat

Libertarians don’t even know when to gloat

I also favor smaller government, but that doesn’t make big government the cause of every economic problem. If the Spanish and Greek governments shrank enough to balance their budgets, they’d still have 24% unemployment, if not more. Their economies are hopelessly uncompetitive at the current exchange rate. Milton Friedman understood that. What in the world has happened to the modern libertarian movement?

Libertarians are no longer about liberty, they are about blaming government for everything. They are about non-policy, not market based policy. Denialism rather than skepticism. Friedman is so far removed from modern Libertarianism that it isn’t even funny.

Revealed – the capitalist network that runs the world – New Scientist

Revealed – the capitalist network that runs the world – New Scientist

The idea that a few bankers control a large chunk of the global economy might not seem like news to New York’s Occupy Wall Street movement and protesters elsewhere (see photo). But the study, by a trio of complex systems theorists at the Swiss Federal Institute of Technology in Zurich, is the first to go beyond ideology to empirically identify such a network of power. It combines the mathematics long used to model natural systems with comprehensive corporate data to map ownership among the world’s transnational corporations

Take this with a grain of salt. Being connected may not be the same as being in control. And I am not sure what assumptions they made and how true they may be. But the study is an interesting one and might give rise to more.

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I love the way the GOP thinks it is perfectly acceptable to inconvenience people who want to vote by demanding all types of paperwork accessible only in remove government offices when there is little to no voter fraud but doesn’t want to inconvenience a person who wants to buy 6000 rounds of ammunition and a… Continue reading Untitled