So if the government takes our money and saves it for us, we'll be better off . . . right?

Posted by: Attila Girl at 08:03 PM | No Comments | Add Comment
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You've got questions? Gail the Actuary at The Oil Drum has answers.

From where I stand, they aren't dropping so fast that people aren't relatively tramautized when they fill their tanks. And no one is going to forget what happened this summer, so I think we can push forward on increased domestic production and making renewables more efficient. This small lessening of the pressure shouldn't lose us a lot of momentum.

Posted by: Attila Girl at 04:03 PM | No Comments | Add Comment
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I'd be able to formulate a much more sophisticated opinion on this Oil Drum article—which I think I agree with, mostly—if the Thomas Sowell book I'm currently reading (or was in the spring) hadn't gotten lost in the move.

The current financial meltdown is the result of under-regulated markets built on an ideology of free market capitalism and unlimited economic growth. The fundamental problem is that the underlying assumptions of this ideology are not consistent with what we now know about the real state of the world. The financial world is, in essence, a set of markers for goods, services, and risks in the real world and when those markers are allowed to deviate too far from reality, “adjustments” must ultimately follow and crisis and panic can ensue. To solve this and future financial crisis requires that we reconnect the markers with reality. What are our real assets and how valuable are they? To do this requires both a new vision of what the economy is and what it is for, proper and comprehensive accounting of real assets, and new institutions that use the market in its proper role of servant rather than master.

(Baldilocks and I are thinking of forming an anarcho-syndicalist used-Sowell-book collective. [By that I mean, we figured out that we could read his books twice as quickly if we started trading 'em after we're done with them. Unfortunately, that means 1) finding the box that most of his volumes ended up in when we moved, and 2) figuring out which ones are mine, vs. my husband's. I could simply confiscate what I feel are my share of the Sowell books, but somewhere I read that if I do that, I'll create disincentives for my husband to buy any more of 'em. It's all a bit fuzzy, to tell you the truth.] Oh, and Baldi doesn't know any of this yet, so don't tell her.)

Posted by: Attila Girl at 08:13 AM | No Comments | Add Comment
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Hjinks ensue.

Posted by: Attila Girl at 11:08 PM | No Comments | Add Comment
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Burge explains the financial crisis, which stems—he claims—from a loan he offered Treacher a while ago to buy an adult video for certain "biological" purposes. Unfortunately, the situation just kept . . . growing and growing. According to Burge. (Treacher's account of the situation differs slightly.)

Apparently, though, if we continue to hit the Iowahawk and Treacher PayPal buttons, we can avoid another Great Depression! Cool!

This afternoon Mr. Treacher and I sent a joint communique to global financial markets and key government central banks, declaring our intention to restructure our debt agreement. We have named our plan the "Save the Global Economy Fund." The terms are somewhat complex for the economic layman, but here are the highlights: I have agreed in principle to write off 50% Mr. Treacher's debt, and he has agreed to a 60/40 split of the proceed from the fundraising portion of the plan.

We have done our part to ease the jittery credit markets, but ultimately the success of our plan depends on the participation of the American consumer. And that's where you come in.

Click on the PayPal button on the left side of this page (Beer Fund) and make a financial sacrifice to me in the name of the "Save the Global Economy Fund."
Next, visit Jim Treacher's site and make a PayPal sacrifice to him. It should be 1/3 smaller than the first, reflecting his greater culpability for the crisis, and our 60/40 thing.

The actual amount of your sacrifice -- $1 million, $100,000, or even $10,000 -- is not important. The critical thing is that the markets see that we are pulling together to sacrifice as Americans to save the future of this country, just like the Greatest Generation of World War II. You can monitor the impact of this campaign by keeping a close eye on the financial markets. Is the Dow up? Great going, America! Let's keep up the good work, and repeat steps 1 and 2 with increasingly larger donations. If the Dow is down, however, this will be your signal that the markets think your donation was insufficient. In this case, you should instead repeat steps 1 and 2, with increasingly larger donations.

I had no idea that it worked that way.

Um. By the way. Darleen Click covered for my margaritas last Saturday night as we ate dinner with Baldilocks, Steve in Huntington Beach, Ace, and Patterico. I would hate to see the economic dominoes start falling just because she failed to exercise her due diligence by reminding herself that I'm an irresponsible flake when it comes to time, money, and all other human endeavors.

Left sidebar. Right between the purple Twitter update box and the picture of George Washington. Thanks. Just fork it over and I'll consider paying Darleen back, thereby averting a global economic crisis.

Posted by: Attila Girl at 01:45 PM | No Comments | Add Comment
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Before they take it down again!

This is brilliant.

UPDATE: Oops, there it went again. You could always mosey over here, and see what's below the jump.

Malkin has the backstory about how the skit didn't merely portray George Soros in a not-quite-flattering light, but also "outed" the Herbert and Marion Sandler partnership as being one of the major forces behind the mess we find ourselves in now.

With a little help from, among others, Nancy Pelosi and Barney Frank.

No one I know can believe that the skit aired in the first place, though we all know the tried to pull it before it went viral. Otherwise, Herbert and Marion Sandler could become household names for having screwed many individuals, the taxpayers, and the economy in general. People would be hearing all over the place about the role Herbert and Marion Sandler played in the financial debacle, and they might not be able to operate behind scenes as effectively.

In fact, once the actions of Herbert and Marion Sandler became well-known, there is a chance that those who are upset about the fact that we are still in some danger of a recession might get miffed at Herbert and Marion Sandler fore helping to bring it about.

So, please: don't get upset at George Soros. Or at Herbert and Marion Sandler, who were just trying to deceive a few people so they could become enormously wealthy in a way that would put the economy at risk and turn a few poor and working-class people onto the streets, which I'm sure will improve their character just as it improved the portfolios of Herbert and Marion Sandler.

Posted by: Attila Girl at 10:46 PM | Comments (18) | Add Comment
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Via AllahP at Hot Air.

Posted by: Attila Girl at 10:31 PM | No Comments | Add Comment
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Via Hot Air, where Morrissey makes the same point Geraghty did: this goes beyond the election. If we aren't clear on how the financial mess happened, it will happen again. And probably worse.

Posted by: Attila Girl at 01:56 PM | No Comments | Add Comment
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Maybe. If we don't change course.

Posted by: Attila Girl at 12:57 AM | Comments (9) | Add Comment
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. . . to kiss and make up with Ann Coulter.

Darrell, I assume you'll be needing video of that . . . .?

Posted by: Attila Girl at 11:36 PM | Comments (7) | Add Comment
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1 Viagrae, I couldn't agree more. How much would that video sell for, anyway?

Posted by: Concho at October 02, 2008 12:59 PM (ZET1q)

2 Make mine HQ, please. If video more than about 3.5mins: render to WMV. And increase your video's brightess by 10% and contrast by 20% Project tab-- video render quality = best Audio tab Mode = CBR Format = Windows Media Audio 9.1 attributes: 128 kbps, 44 kHz, stereo (A/V) CBR (do not use the DD 5.1 default - it's too quiet) Video tab Mode = CBR Format = windows media video 9 Image size = keep original size Frame rate 29.970 Video Smoothness = 100 Bit Rate tab High speed internet (1 Mbps) For videos shorter than 3.5 minutes: render to MPG Use all default sony vegas settings, but double check the audio is stereo: audio mode = stereo mode psychoacoustic model = psychoacoustic model 2 audio layer = audio layer 2, bit rate (Kbps)=224 sample rate (Hz)=44,100 and double check the bit rate settings: select variable bit rate max (bps)=6,000,000 avg (bps) = 4,000,000 min (bps) = 192,000 Ann's columns have consistently been hitting their marks. And her selection of stories in her right hand column is particularly effective.

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