Wednesday, September 17, 2008
One thing I’m finding particularly hard is getting a sense of scale for what’s unfolding in the markets, but here’s a run at the question. Katrina was maybe a $80 Billion event, and it looks to me like Ike is probably a $30 Billion one. The Iraq war’s direct costs are probably 2 Billion a [...]
Billmon used to write on politics at his blog the Wiskey Bar. He was brilliant. Like many of the bright angry lights he burnt out; and moved on. Sad for we who read him, but hopefully good for his mental health. He has now reappeared with a diary at Daily Klos, which is nice for [...]
This seems like sort of a landmark. Surely Stalin wishes he were alive today. The Chinese must do this all the time. [first name of a candidate] and pre/2 [last name of a candidate] w/7 bush or gore or republican! or democrat! or charg! or accus! or criticiz! or blam! or defend! or iran contra [...]
We have known about these charts for a while now; i.e. there is a sharp difference between how the economy changes under Democratic v.s. Republican presidents. The economists have apparently made no real progress on explaining why. Note how the cartoon Republican, i.e. the cigar smoking plutocrat, apparently votes against his interests.
What are you worth? The Bush EPA thinks we are worth worth $6.9 Million each. 10% less than the Clinton EPA. No doubt that makes lots of regulations less, ah, necessary. I want to assure you; I think you are worth a lot more than that. Meanwhile I gather that boffins think that a [...]
Recall the counter intuitive result that you can explain the vast majority of all voting behavior with only two metrics, i.e. the vote view model. The two metrics range liberal to conservative and one is economic, one is social. There is a mystery, at least to me, about these two metrics. You don’t really need [...]
More than twenty five years ago we moved from Pittsburgh to Boston and one of the first differences we noticed was the dearth of people of color. More so, we never saw a bi-racial couple. Above is today’s Sears weekly advertisement. Long time coming.
“eliminates the possibility of near-term return of atmospheric composition beneath the tipping level for catastrophic effects” — Target atmospheric CO2: Where should humanity aim?
Wow. The chart shows the income growth for differing income classes: one line for Republican presidents, one for Democrats. Income growth is lower when Republicans rule vs Democrats. The growth is sharply less equitable when Republicans rule than Democrats. There is a slight shift toward lower income groups when Democrats rule. This chart re-enforces the [...]