Thought for the Day: 14 February 2014

Paul Krugman, The 2,000 Year Apartment:

Bloomberg reports on the soaring prices of trophy apartments in Manhattan. The biggest sale so far was former Citigroup head Sandy Weill’s apartment, which he sold for $88 milion to the daughter of a Russian oligarch. But $100 million listings are out there.

For a bit of perspective: the median full-time worker in the United States makes about $40,000 a year. So it would take the typical worker 2,000 years to earn enough to buy the Weill apartment.

Still, people like Weill are exemplars of the free market at work. They work in an industry that delivers clear value to the economy, and has never relied on government bailouts. Oh, wait.

Thought for Superbowl Sunday

Yeah, there’s a bigass football game this weekend, and I am tremendously disappointed that at least two mayors from towns in Washington state and Colorado didn’t bet each other an ounce of their finest weed on the outcome. Until dope can be used as currency in a dumbass publicity stunt between second-rate politicians, we cannot truly be a free people.

Charlie Pierce

(I imagine that there will be more than a few “superbowl” parties in WA and CO.)

 

Thought for the Day: 25 January 2014

[Then Treasury Secretary Hank Paulson’s 2008 Troubled Asset Relief Program (TARP)] proposal was essentially the last, unaired episode of Beavis and Butthead, with the three pages of script just containing a single scene in which Butthead walks into the U.S. Senate and says, “Can you, uh, like, give us 700 billion dollars? Uh-huh-huh.”

– from Matt Taibbi, Bailout Architect Runs for California Governor;  World Laughs

 

Thought for the Day: 16 January 2014

Inspired by DeLong’s Thursday Idiocy posts:

It’s a strange world. Some people get rich and others eat shit and die. A fat man will feel his heart burst and call it beautiful. Who knows? If there is, in fact, a Heaven and a Hell, all we know for sure is that Hell will be a viciously overcrowded version of Phoenix — a clean well-lighted place full of sunshine and bromides and fast cars where almost everybody seems vaguely happy, except for the ones who know in their hearts what is missing… And being driven slowly and quietly into the kind of terminal craziness that comes with finally understanding that the one thing you want is not there. Missing. Back-ordered. No tengo. Vaya con Dios. Grow up! Small is better.  Take what you can get…

Heaven is a bit harder to figure. And there are some things that not even a smart boy can tell you for sure. . . . But I can guess. Or wonder. Or maybe just think like a gambler or a fool or some kind of atavistic rock & roll lunatic and make it about 8-1 that Heaven will be a place where the swine will be sorted out at the gate and sent off like rats. With huge welts and lumps and puncture wounds all over their bodies. Down the long black chute where ugliness rolls over you every 10 or 16 minutes like waves of boiling asphalt and poison scum. Followed by sergeants and lawyers and crooked cops waving rule books. And where nobody laughs and everybody lies and the days drag by like dead animals and the nights are full of whores and junkies clawing at your windows and tax men jamming writs under your door and the screams of the doomed coming up through the air shaft along with white cockroaches and red stringworms full of AIDS and bursts of foul gas with no sunrise and the morning streets full of preachers begging for money and fondling themselves with gangs of fat young boys trailing after them…

Ah.. but we were talking about Heaven … or trying to … but somehow we got back into Hell.

Maybe there is no Heaven. Or maybe this is all pure gibberish – a product of the demented imagination of a lazy drunken hillbilly with a heart full of hate who has found out a way to live out there where the real winds blow — to sleep late, have fun, get wild, drink whiskey and drive fast on empty streets with nothing in mind except falling in love and not getting arrested…

Res ipsa loquitur. Let the good times roll.

–  Hunter S. Thompson, Generation of Swine

Read the DeLong post I linked to above.  Good lord.  Words escape me.

Thompson understood idiocy.  More than that though, he was relentless in calling out bullshit – even as he dished his out.  What he dished out was harmless and funny though – pretty much the antithesis of the kind he reported on.  “Ah… but we were talking about Heaven … or trying to … but somehow we got back into Hell.”  I have that problem.  Probably should have made it a New Year’s resolution to be more positive.  Maybe in 2015.

Thought for the Day: 4 January 2014

Two thoughts in honor of it dipping to -12 F in the pre-dawn hours this morning:

  1. Read the other day:  “Starting a chimney fire is a great way to clean the flue if you really, really, really hate paying property taxes.”
  2. I don’t know how I got through winters without Sorels.  (I don’t think I got mine until after college.  Prior to that it was wool socks and work hiking boots – fine when you’re hiking but a little light when you’re not.   Makes my feet cold just thinking about those pre-Sorels days.)