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December 11, 2008

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Charlie (Colorado)

An Objectivist. Jeez.

[Ouch. Normally SpellChek and BrainCheck are not that much of a effort. TM.]

sbw

No, that was Objectivist A. You know, like Advisor A and Senate Candidate B. ;-)

clarice

Dr. Brook:"I think it's an easy case to make"

Heh--Let him persuade his academic colleagues first . If it's easy to persuade them (I predict, it isn't) then we can hope to make this case to a general public-- pampered and cosseted by decades of a great economy fueled in large part by deregulation-- which still has no idea why they had it that good.

peter (not peteruk)

I visited Yellowstone for the first time this past August. Still lots of beauty there. Very strange to see so many burnt tree trunks twenty years after the fact. The new growth is about twelve feet tall. Plenty of elk and buffalo roaming about. One of the wonders of the world.

kim

Where's MJW to figure out the alphabet mysteries?
===============================

Soylent Red

I am currently re-reading "Atlas Shrugged".

The words and deeds of the enlightened public in that book are so eerily similar to what I hear modern politicians and libs say it freaks me out.

Anyway, the problem with Objectivism (like the similar Libertarianism) is that we've gone so far away from when it was a plausible reality that no one can fathom living like that any more.

People simply cannot get their heads around the notion that the government, or some other entity, has to come and bail them out and that their failures might be the sacrifice necessary for others' triumphs.

whosonfirst

"No matter how good a Federal Reserve Chairman is, he is going to create cycles of boom and bust".

I'm only a humble chimney sweep, but wasn't the Fed created in the first place to tame the cycle of boom and bust?

Uncle BigBad

When the Pilgrims first came to the New World they were surprised at the constant smell of smoke.

It turns out the Indians (yes, the Indians) constantly burned forest undergrowth to improve hunting success.

JJ

From Stiglitz thread yesterday:

"The fact is, investors did not act as if they expected the role of government to be minimal; they acted as if they expected the Fed to perform a miracle if times got tough..."

So, maybe this was like optimistic Yellowstone managers expecting Smokey to prevent all forest fires, no matter the bad the debris buildup? (Leaves open the possibility for all kinds of mixed metaphors! But I will not start that backfire.)

clarice

Uncle, you mean the Indians threw all those pollutants into the air?

bad

And started global warming?

whosonfirst

I don't think Maguire deserves you people. Time and time again you do just what you're doing here. This thread is not about Yellowstone, forest fires, or ecology.

Before you're done you'll turn it into a thread about how to make egg nog or how to knit a nice Christmas sweater.

cathyf

Hey, you gotta good eggnog recipe? Do tell!

kim

Just sweepin' the chimney, fella. Not responsible for what falls out.
=========================================

bad

Ok, let's talk about Newsweek. Heard they are downsizing, laying off people and generally contributing to financial trouble for families.

Sue

I always wanted to learn how to knit. I can crochet a little but never learned the art of knitting.

bad

Knitting is fun. Not as fun as cooking though.

bad

whosonfirst, do you make your own bows for Christmas packages? I like wrapping and making the bows. Sometimes my kitties really like the bows too.

Soylent Red

A true objectivist would learn how to knit. Excellently. SO as not to be a parasite on those who do their own knitting.

bad

I prefer sewing to knitting or crochet and I never learned to tat. I shall be a tatting parasite.

kim

Oh, yes, tatting. In my youth, I had ambitions of learning to tat, and even had a few volunteer teachers. Couldn't get past my first knot.
=========================================

Soylent Red

I need to learn how to sew (beyond darning socks and putting on buttons). Seems like that might be useful when Atlas finally shrugs.

BTW...

Who is John Galt?

Soylent Red

Also bad...

I miswrote. Not "Parasite". The correct nomenclature is "Looter".

clarice

I'd be happy to teach anyone to make foolproof artisanal bread and to knit to prepare for the economic disaster to come.

cathyf

Speaking of which, clarice -- can you point me to your foccacia recipe again? I want to make asparagus wrapped in fontina and prosciutto and I need something to complement it...

Soylent Red

That foccacia is is super duper. Better than Rearden Metal.

kim

Easier on the teeth than Eonite.
===================

Pofarmer

Marginally on topic.


The dollar index is falling like a rock. Might be a good time to fill up the gas cans.

Tom Maguire

I'm only a humble chimney sweep, but wasn't the Fed created in the first place to tame the cycle of boom and bust?

There is that. Another Missing Metaphor would relate to people's propensity to consuming the margin of safety - e.g., folks with airbags drive faster (especially if the airbag is in the back seat exhorting you to pick it up a bit...).

One might suspect that people with an effective central bank expect milder business cycles and behave accordingly, until something surprises them.

JM Hanes

I can't stand any of that stuff. But I used to weave rugs in my spare time. Found a giant loom, made of hewn chestnut beams, half buried in an abandonned barn, and wonder of wonder, all the working pieces were intact. And I stayed in a Holiday Inn Express last night.

whosonfirst: Did you just miss the month long discussions of the meltdown here? You practically needed an advanced degree, or a working farm, to follow along. If you've got new stuff to offer, feel free, but when Tom opens with Smokey the Bear, Yellowstone is just going to come up. Sometimes the financial threads end up in eggnog, sometimes the eggnog threads end up in the economic morass. Que sera, sera.

clarice

Plus, TM adores us and our quirky ways, right jmh?

peter (not peteruk)

You know, I am trying to knit a tea kettle cozy to put my hot eggnog in, but I don't have a good recipe.

Jane

OT - Waxman is holding back on Freddie and Fannie's role in the Subprime market fiasco.

Jane

Oops - LUN

Pofarmer

until something surprises them.

Like the banks going bust and the Fed going bust trying to bail out the banks? oh, and the auto industry, oh, and the unions.......

SunnyDay

our quirky ways
****************

This place has character. :D

kim

That's a good one, an 'advanced degree or a working farm'.
====================================

Mary

CathyF

This is from The Williamsburg Cookbook

Eggnog (12 cups)

6 eggs, separated
1/2 c. sugar
2 c. whipping cream
1 c. milk
1/2 c. bourbon
1/2 c. brandy
1/2 c. light rum
nutmeg, freshly grated please

beat egg yolks with the sugar until thick.
Slowly add the cream, milk, spirits.
Chill.
Whip the egg whites until soft peaks form and add to the mixture.
Chill and let ripen a few hours.
Sprinkle with nutmeg before serving.

And I just found out you can buy pasteurized eggs so the usual caveats do not apply. This is the best eggnog recipe that I have tried. There is a corn chowder recipe in that cookbook that is excellent.

Soylent Red

See what you caused whosonfirst?

clarice

I have a knitting pattern for a tea cozy around here somewhere..It's actually clever with little pockets to hold stuff to keep the heat in ..forgot all the details..

sbw

At least so far on this thread we have seen no tit for tat.

cathyf
OT - Waxman is holding back on Freddie and Fannie's role in the Subprime market fiasco.
In this case, "OT" would be standing for "On Topic".
JM Hanes

And even the Goddess worships at Dear Leader's altar, no?

Mary: That's laugh out loud funny! Helluva nog recipe too.....

TCO

You RINOs are part of the problem. Remember that crap about how this bailout stuff would nip things in the bud? Might make money for the taxpayers? All that is being created is trillions of dollars of future debt. The economy is tanking because of the realization that socialism will rule and that taxpayers will be paying off Soros, Mark Cuban and John Corzine like characters.

TCO

LET THEM FAIL!

Start NOW!

bad

LOL sbw, you should be grateful for that, speaking personally only, of course.

Tom Maguire

Plus, TM adores us and our quirky ways, right jmh?

He does indeed, even in the non-holiday season.

clarice

Thanks..where'd we be without out..just wandering around the ether without ever knowing eachother..

kim

So with the Mss Blag, Clinton, Obama, Rice and others, do we have a new cycle of broom and butts?
=====================

bad

Thanks TM. Many of us live for your adoration-- and eggnog.

sophy

I do not know how to use the flyff gold ; my friend tells me how to use.

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