Hannah Blog

April 14, 2014

Commenting on Krugman

Filed under: Cost/benefit,Economy — hannah @ 5:22 am

One advantage to getting up early in the morn is being recognized by the New York Times. Didn’t even have to log in today.
The Paul Krugman op-ed is here. Obviously, saving time is all well and good, but the fact remains that Wall Street is playing with worthless things.
If you want to know what I wrote, please follow the link. I think it’s only fair to direct more traffic there. Their revenue depends on their readership.

April 10, 2014

Throwing in the Towel

Filed under: Economy — hannah @ 12:25 am

It’s probably not a good idea to generalize from one or two events, but my gut reaction to a couple of emails yesterday and today is that U.S. enterprise, having held out as long as they could to extend the economic slump until all the spirit had been wrung out of the working class, is throwing in the towel. Of course, that presumes the crash and subsequent slowdown was intentional. That would require one heck of a conspiracy, or it could just be the result of a wide-spread consensus. If now wasn’t the time to finish off labor and make them appreciate just being employed, then when?

April 9, 2014

News from Arkansas

Filed under: Congressional races,Economy — hannah @ 10:14 am

Maybe I should copy this to Senator Boozman with the subject line “mission fails.” Otherwise he might not read it.


Open wide!

Filed under: Economy,Funnies,Good morning — hannah @ 1:33 am

Best Med by Barry Blitt

April 8, 2014

Currency: to compensate or coerce

Filed under: Economy — hannah @ 5:39 am

“Currency” is a funny word for money though, when you come to think of it, entirely appropriate. It refers to motion which, like the current of a stream, is essential. A stagnant backwater is unhealthy, at least for humans, and, similarly, trade and exchange that’s not energized into mobility via money risks falling into waste. Money or currency serves to energize the economy, make it more vibrant and efficient, even though, contrary to what some economists seem to believe, money is not the initiative or initiator of trade and exchange. Otherwise, the household, which typically doesn’t use it to mediate familial transactions, couldn’t be considered the prototype or basic unit of economic behavior.

April 7, 2014

Will this comment be approved?

Filed under: Congressional races,Economy — hannah @ 5:53 am

I left it on Paul Krugman’s latest op-ed suggesting that interest rates should rise to help divest the oligarchs of some of their cash. While I certainly agree that hoarding dollars should be discouraged, playing with interest rates didn’t work before and I’m not sure it will work now. If the oligarchs are sitting on cash, it’s not because they’re waiting for more, but because they’re afraid they won’t get any more if they spend what they’ve got. And Congress, which is in charge of the distribution, has given them reason (austerity and the sequester) to fear that, regardless of how irrational it is to ration an entity whose potential quantity is infinite.


April 4, 2014

Don’t blame the climate.

Filed under: Down the drain,Economy — hannah @ 9:02 am

Climate change is not to blame for thirst and starvation. Don’t blame the climate; blame the people who refuse to share and insist on wasting a third of all the food that’s currently produced.

April 3, 2014

For the graphically impaired,

Filed under: Economy,Funnies — hannah @ 5:16 am

like me, who have to have things spelled out, I present an image that’s running in the Wall Street Journal along with an op-ed by Mr. Koch, the CEO of Koch Industries.
Obviously, the graphic artist was inspired by Kos, or “the great orange satan” as it is jocularly called.

March 30, 2014

TEA Party Suckers

Filed under: another perspective,Economy — hannah @ 6:42 am

The problem with the TEA party people is that they are easily suckered. That the lower income people are taxed too much is a valid grievance. However, these people let themselves be co-opted by the very people whose hoarding depresses and destabilizes the economy for everyone else.

March 29, 2014

Car Culture

Filed under: Economy,Funnies — hannah @ 12:27 pm

Dueling ads from Cadillac and Ford.

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