Instead of naming their new subdivisions the Dune Cottages, the Ocean Forest Cottages and the Riverside Cottages and then running their Dune Avenue down the Sea Island Spit, where the Loggerhead Turtles nest and 144 species of birds come to rest, making reference to the sea of effluent on which their cottages sit would be more honest, but it wouldn’t attract many new buyers for Sea Island Coastal Properties’ million dollar lots, would it?
And it probably wouldn’t please the realtors trying to move the 29 extant mansions in the million dollar plus range. (For anyone looking to pay less for a house on a septic tank there are only four “Affordable Homes.”) Certainly no-one ever mentions the need to accommodate tanks and leach fields under ground as the reason for all those expansive lawns and why sitting on an eight foot “high dune” is a boon, even though a hurricane tide will rise to thirteen. Sand is good for percolation, but an unmentionable. “What people don’t know can’t hurt them,” or so the old saying goes, but there is evidence that the denizens of the marshlands don’t thrive on septage. Marex, the University of Georgia’s Marine Extension Service is even trying to prove it.
March 1, 2014
February 20, 2014
An interview with Warren Mosler which demonstrates that Russian media can be just as tasteless as the U.S. variety. But, if we want a more realistic perspective on what economies are, some of Mosler’s observations are worth while. I particularly like his example of how Ghana was monetized.
He calls it coercion, but it could be argued that coercion is necessary when people are ignorant of what’s actually good for them.
February 19, 2014
So, I’ve got this hypothesis that much of what is being extracted from the earth as natural gas isn’t a fossil fuel, but rather a biogas that’s being produced by subterranean microorganisms on an ongoing basis. Is it the same as biogas? I don’t know, but the Italians seem to be on to something. Our problems in the U.S. seem to be mainly the result of a habit of easy extraction and waste. For a long time, the oil industry wasted natural gas by burning it off. Now the natural gas industry is burning off components it doesn’t know how to use. Our inventiveness has atrophied.
February 18, 2014
The crash of 2008 is reported to have resulted in the loss of $4 trillion in wealth, as if by evaporation. The Sea Island Company, having taken on $700 million in debt, couldn’t pay the nut and ended up being snapped up by hedge funders for a mere $212 million. And, as typically happens when there is poor management, maintenance was allowed to slide and then the sea came to reclaim some of its sand. At least, that’s one explanation for why a third of the Sea Island spit has migrated elsewhere ever since tropical storm Beryl gave it a shove in 2012.
Now that Sea Island wants to carve the rest of the spit up into eight lots and sell them for a cool million each, before the rest of the spit gets washed away, this unethical proposal is rightly being challenged by the citizenry. Even FACEBOOK has gotten into the act. Maybe we should set up a “sedge fund” to take the spit off their hands and leave it for the birds.
I’ve long wanted to expose the bogus “science” of economics with its own favorite tool, namely equations. But, being a virtual mathematical illiterate, it’s escaped me. Now, a fellow on Dailykos has made an excellent start and I’m going to appropriate his text. Fair warning for anyone, who couldn’t care less, not to waste time clicking more.
February 15, 2014
So many groups; so many reasons. Timeserving Congress critters, of course, hate losing a perennial threat to keep the electorate focused on something other than their reps’ performance. If people are worried about that lump in the neck and the doctor bills on the nightstand, they’re not going to have time to watch politicians spout nonsense. In addition, rationing the necessities of life (food, shelter, health care) to punish and reward the wrong and the right has proved surprisingly effective in the land of plenty. That’s the big difference between rationing a scarce resource and rationing the bounty.
February 14, 2014
No, even though today we celebrate St. Valentine’s Day and dedicate ourselves to love, this post is not about Cupid,
the god of desire, erotic love, attraction and affection
. Cupidity is something else.
For some time now, I’ve been worrying the concepts of acquisition and accumulation and how they evolve into humans devouring their own kind, as if they were cannibals, but not really. Because, of course, hardly any humans are actually consumed, at least not whole. Though transplants, being bloody come close.
But, that’s OK. Transplants aren’t cannibalistic because the “victims” either consent or are already dead and their relatives consent for them. Indeed, we might even see a role for Cupid in that case.
February 9, 2014
February 8, 2014
Every so often I check the Google to see what’s new in the shadows or the underground economy or even the black market. Several different terms for the same entities, in this case people who trade and exchange goods and services without sending a “cut” to satisfy their tax obligations, signals quite unequivocably that there’s confusion about. That was obvious when the U.S. encountered “insurgents,” “terrorists,” “Iranians,” “extremists” and ethnic fighters in Iraq and simply refused to recognize that the invasion had spawned a resistance and legitimately so. And here, in the economic realm, we’ve got the same problem even as more terms are being invented.
February 6, 2014
Free goods are offensive to free enterprise. If it doesn’t go to market and generate a profit for middlemen, it’s worth nothing.
“equal treatment” = everybody pays.