Many years ago yours truly had the pleasure of challenging Mr Volcker to debate the merits of his handling of the economy. He did not stop but waltzed along at DFW airport. Today's Op-Ed in the NY Slimes evinces a true characterization of his ultima ratio.
He opines thusly: "Here in the United States as elsewhere, some of the largest and proudest financial institutions — including both investment and commercial banks — have been rescued or merged with the help of massive official funds."
I retort pointedly: Mr Volcker, in heaven's name, exactly what justifies these institutions' pride in your opinion? Now as then, I doubt I'll get a response from this august personage.
Eratosthenes first measured the circumference of the earth from the shadows cast by the sun. Today, humanity's fitness to survive will be measured by our ability to conquer that same thermonuclear fusion that casts those shadows. Thus, Prometheus will truly be unbound.
Today's Elites
Sunday, January 31, 2010
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January
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- Paul Volcker's Latest Incarnation
- New Ice Age Aphorisms
- Watch the Pollsters Attempt to Change the Agenda N...
- Bin Laden Embraces Green Fascism
- Universal Relative Motion and Potential Energy Pro...
- Eat your spinach! (and drink your coffee)
- "Conan Obama"
- Womanizing
- And now for something entirely different...
- "Why are America's teens getting so fat?"
- Is President Obama Acting Fishy? (A Metaproof.)
- Tomes of Forgotten Lore
- OBAMA SAYS I WANT YOU (IN THE GRAVE)
- Behaviorists Behaving Badly
- More Krugman Dross
- Lilliputians redux
- The Vision of God in a Snowfall
- Googlefascism
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