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January 07, 2013

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Ignatz Ratzkiwatzki

--Kevn Drum continues with his 'Do The Right Thing' approach in which he exhorts his fellow travelers to embrace the rule of law, not men.--

Does platinum cause crime?

NK

TomM said: "So - this scheme has legal obstacles and a legal foundation that will collapse the first time a judge gets a look at it. There is no way it can be done quickly, and almost surely not secretly either (unhappy opponents will leak word of the discussions).
But keep thinking..." IMO the Obamaniacs have ALREADY decided what they will do IF the House Repubs refuse to back down and increase the Debt Limit when Barry I pulls the Default Gun-- the new Treasury Secy will issue T-Bonds DESPITE the statutory limit having been exceeded, and BenB will print the money and buy the bonds. Constitutional crisis follows- maybe even a financial panic that makes Lehman/AIG melt downs look like a marshmallow toast at a sunday evening Middlesex Club BBQ.

gmax

I thought I had heard every hair brained scheme every cooked up. Not even David Stanford would have been so brazen and stupid as to try this one. DOA or maybe stillborn. Don't waste valuable time and effort

Clarice

Just as stupid as the now scrapped effort by Illinois' brightest to ban guns.
BTW has anyone every found anything sensible and true in Business Insider? To my recollection, I have not.

NK

Josh Barro? I read that drek in Bloomberg. what a fucking idiot. That was shorter but just as moronic as the taibbi TARP -- thing. God the Left has no fucking decency. They admit their ideas are moronic and juvenile-- but they demand we do them ANYWAY, b/c those evil Repubs refuse to do what Dear Leader and Krugman demand.

Clarice

Thinking about these "drafting errors"--why not take further the scheme used to get Obamacare passed? Take a bill, strip out everything but the no, and title, pass it, and let progressives tell us what the blank bills means....

NK

gmax@645-- and Bernie Madoff is laughing in his cell.

narciso

It's run by a Trig denialist, convicted investment scammer, what could possibly go wrong. Robert Barro's apple fell far from the tree, no.

narciso

Allen Stanford, btw, get the scammers right.

Ignatz Ratzkiwatzki

Joe Weaselthal is one of the least professional journalists it has been my displeasure to read. IOW a perfect fit for the crook Blodgett and his stable of hacks.

matt

Doesn't this whole thing get down to a basic Constitutional issue of the House as the only body allowed to present budgets?

The trillion dollar coin is simply an end run around one of the primary responsibilities of the House.

gmax

Allen Stanford is of course right. Narc you have the mind of a steel trap. How do you do it?

Ponzi is definitely pissed he did not think of this one, though...

gmax

Henry Blodgett is no longer allowed to participate in financial transactions regulated by the SEC, due to irregularities so now he passes out liberal pablum on Yahoo to the delight of the low information investor to no great surprise...

narciso

Well he and Scott Rothstein, split the scams down here, whereas Madoff focused mostly on NY.

gmax

Blodgett is banned for life, and was charged with civil securities fraud...

Rick Ballard

"Robert Barro's apple fell far from the tree, no."

Narciso,

It's an illustration of the dangers of raising children underwater in Love Canal. Giving babies lead lollipops would be safer than letting them breathe the fetid air of Cambridge.

NK

RickB@7:15-- you have a way with words!

narciso

I expected something more sophisticated then a kindergartener, maybe some thing with fancy graphs, and greek symbols, not this;

1. "That's silly/zany/juvenile!" This is probably true, but it's not a dispositive objection. Republican intransigence over the debt ceiling is juvenile. There is no particular reason that the president should not use a juvenile strategy in response.

boatbuilder

Free money! So what do they need to raise taxes for?

boatbuilder

"Prof. Timothy S. Jost...said congress had made a 'drafting error' which should be obvious to anyone who understands the new health care law."

Well, since nobody understands the new health care law, except as a federal power grab and step one in imposing a single payer system, I suppose it follows logically that the law means that the feds get to do whatever they think they need to do to get there.

narciso

I'm sure Nurse Ratchet, I mean Sibelius, will get around to correcting the rule,

MarkO

I have this feeling that we ain't seen nothin' yet.

Ignatz Ratzkiwatzki

If one or two trillion dollar coins would be good wouldn't 313 million of them be even better?
Think of the tax receipts on 39.6% of 313 Trillion in income.

Thomas Collins

See LUN for a short Volokh article, with extensive links, on whether the debt ceiling is constitutional. Another interesting question is whether anyone has standing to challenge in court a POTUS' exceeding the debt ceiling.

Although the legal issues (platinum coins, constitutionality, standing, and others) are interesting, they are essentially irrelevant, in my assessment. What is relevant is that at present, the US Government is incontinent in its ability to control current spending and reduce future entitlements. Most of the blame falls on the Dems, although the GOP is not blameless. Until this incontinence is cured, these short term cliffs and ceilings are distractions.

Ignatz Ratzkiwatzki

Sorry, that was supposed to be 313 million trillion in income.

Mad Jack

Liking that vaunted Irish defense. Ouch that was quick.

Clarice

Iggy--you beat me to it. But I like Jim Treacher's idea: "I'm going to mint some coins that say "However Much Money I Owe" and send one to the IRS every year. Think that'd work?"

narciso

Well here's another reason to root for Alabama, in the LUN,

Beasts of England

Certainly early, but I'm encouraged... Roll Tide!

The Suggester

" circle the world three times before common sense "

The owner of this blog should have written "...before common cents".

Gus

I just got a platinum card in the mail!!

I'm rich!!!!

Danube of Thought iPad

This game is l'histoire.

Disgraceful showing by the once-proud Irish. Good.

narciso

Seriously, they should at least pretend they are in the game, for appearances at least.

bgates

Clarice's 6:48 and boatbuilder's 7:37 suggest a problem for the original public meaning school of interpretation which has been introduced by the megabills of the past few years. Can Obamacare be said to have an original public meaning, since it was not originally public? Original intent seems like a much more useful framework here; supporters of bills passed during the Obama administration intended for good things to happen to good people and bad things to bad, which should simplify interpretation considerably - as long as the judiciary is clear on who is who.

Carol Herman

Can you get change?

Today, if you go into a retail store. And, all you have in your pocket are a few Benjamins ... Unless your purchase if for $100 ... You're not going to get change for it.

Heck, even McDonald's doesn't allow its cashiers to change more than a $20.

So? A trillion dollar coin. It better be large enough so you can't fit it into your pocket. And, have a lead, magnetic weight, on the bottom. So for safe keeping you can store it with the hopes no one can pry it off.

Of course, if they do ... they can't spend it.

Oh. And, if you're traveling with one ... what happens when you go through the line, with your shoes off ... to catch a plane. But you're stopped by the TSA?

Rick Ballard

"as long as the judiciary is clear on who is who."

That's easy. Lawrence Tribe has the list in his office at HLS. He'll call Chief Justice Roberts with instructions if there's even a shadow of a doubt as to which ox gets the horn.

Gus

What's more than a trillion??? Gazillion??

Let's do it!

And we can all be rich!!! Yeeeehaw!!

narciso

The problem with that single coin, assuming a spot price of 1550, an oz, that's a two hundred ton coin, that's like the Giant twinkie in Ghostbusters 2

cathyf

Band is doing the Back To the Future act. SHUT UP stupid talking heads!

Beasts of England

cathyf@10:12 - Congrats on having a band member on the field - very nice!

cathyf

Now playing is an all-star band made up of the best h.s. players in the country. The ESPN bastards are playing their own stupid theme songs over the video of the h.s. band playing. Scum.

Clarice

My yahoo mail allows me to read but not respond to or compose messages. Nothing I've tried has worked. I hope to get it resolved soon but in the meantime forgive any tardy responses.

bgates

That's odd, Clarice. I have a yahoo mail account and just started having the same problem about an hour ago.

Melinda Romanoff

Let's ask Robert Mugabe, noted numismatist, just how well all those extra zeroes helped their economy, and then making them go "POOF"!

Melinda Romanoff

bgates-

Might it be Yahoo stepping in front of a new hack with a server squash?

bgates

Clarice, I found a couple of people on the yahoo answers page who reported the same problem within the past 10 minutes. Thus far they have no answers. It is almost certainly something yahoo did, not something you (or I or those other people) did, so we should all quit trying to fix it and let yahoo figure out their own problem.

Melinda Romanoff

Shut the imap and stmp, would be pretty easy, no?

Gus

Mugabe was all about REDISTRIBUTION.

How's that working out Melinda?

Melinda Romanoff

bgates-

I blame Schmidt and his little trip.

Melinda Romanoff

Mugabe was all about personal allocation, and THEN redistribution.

You missed a step.

Then they devalued a fourth time in '09 and now their economy, diminished as it is, is now growing again.

Clarice

Well bgates, yahoo is probably just trying to beset the really special subscribers. XOXO I'll leave it to them then The yahoo mail gets worse every day.

Jim Miller

Mel - That's the first plausible explanation I've seen for Eric Schmidt's trip to North Korea.

Melinda Romanoff

Jim-

If you could go to the Hermit Kingdom with a Sat phone, Hyper laptop, and a CIA satellite link to DC for a sales job for one narcissist that you donated millions to get re-elected, would you make the trip to open the Kingdom and make said narcissist look good?

I'll wait for your answer while I hold my breath.

Melinda Romanoff

narciso-

Do you understand to what depths they had to fall in order to achieve that growth?

Jim Miller

Mel - All right, that's two explanations.

But, credit where due, Google actually gave some good coverage last year to a North Korean escapee.

Jimmyk

"Then they devalued a fourth time in '09 and now their economy, diminished as it is, is now growing again."

They tied to the dollar, didn't they? That saved them, but we'll see how long that lasts.

Ignatz

Bear Saban?

narciso

From this in the LUN, they have a long road to crawl back from;

Melinda Romanoff

jimmyk-

Did they? I thought it was the stripping of 12 zeroes from the third Z-dollar for the 4th Z-dollar. I might have missed some thing in all of the excitement.

Gus

Melinda, heck yeah, you're right. But MugAMA is about personal EVERYTHING first.
One thing about COMMIES. They love themselves first, and the proletariat second.

Clarice

I loved PUK's riffs on Zimbabwe..Didn't we all though?

cathyf

Grampa brought WonderBoy a Zimbabwe million-dollar bill a few years back. It's not clear whether it is worth any less today. For example, folded up and inserted under a wobbly table leg, or fire starter for roasting marshmallows, bookmark -- it's probably still worth the paper it's printed on!

Melinda Romanoff

narciso-

Not if they manage their coming oil pipelines well. I fear they will have the same luck Nigeria enjoys, unfortunately.

Danube of Thought iPad

MarkO was kind enough to alert me to this very cogent column on the current gun hysteria at the LUN. As good as anything I've read.

bgates

Mel, it's not even a problem with the mail in transit (then it would have to do with the mail servers, which as far as I'm concerned means dark arts and bad juju). It's within the browser, which means it's javascript, which means even if they skipped manual testing (which would be bad) and skipped or missed it in automated testing (which would be worse) they should be able to roll the change back through version control within seconds after they got reports of the problem.

Melinda Romanoff

bgates-

So much for some Sunshine to the problem, where even the kernels might be popped. Nice problem.

There will be a lot of NoSleep being passed around.

I wish them well in their comparative hunt and vaccination efforts.

G'night all.

narciso

Biti, seems to be one of the good guys, part of Tsivirai's crew, but his projections are wildly unrealistic.

Captain Hate

Where is Beasts? Off enjoying the carnage I'm sure. I blame Pitt for blowing a lead to these pretenders. Did any of you guys hear Brent just about losing it on McCarron's girlfriend? I'm sure he was heavily invested in ND and then started getting hammered when the outcome became obvious.

bgates

this very cogent column on the current gun hysteria

The fact is that we have something very widespread in this country which, every once in a while, will kill or injure an innocent child. Proponents of this state of affairs claim that "only" one out of some large number - a hundred thousand, or a million, or more - are killed or injured. But the fact remains that this part of our culture is so widespread that the deaths of a certain number of children are inevitable, and we're allowing the deaths to happen based on an 18th century theory that by doing so we're preventing worse problems.

But enough about immunizations; yes, that column on gun control was good.

narciso

How could you tell when he was getting hammered,

cathyf

I wonder if yahoo has some serious breach going, and they've simply shut down every yahoo account's ability to send mail.

Gus

Bgates, tell me, inform me, of a Marxist/Communist/Chavezist/Castroesque COUNTRYY or CULTURE, where there are less CHILDREN IN DANGER, killed or maimed???
The CURE is WORSE than the ILLNESS.

narciso

Entrail reading has a new seer,


http://www.huffingtonpost.com/mark-boslough/

Danube of Thought iPad

I don't want to oversell that gun hysteria column, but I must say that reading it made me focus more intently on something I suppose I had already known: this is madness. The Feinstein/Emanuel/Democrat approach to this issue is simply madness.

Gus

Danube, it is. The whole concept is thought out by the likes of EMANUEL. Feinstein is just an emotional idiot, and a practiced LIBTARD MORON. But what strikes me so much more Danube, is how far down the RABBIT HOLE we ARE, and it seems normal to the MEDIA and most UNIFORMED idiots.

narciso

Well lets see, we have a then unknown politico who was catapulted to Mayor and then national office, by a single act, the Harvey Milk shooting. We have a President who besides community organizing, his other interest he shared with a former?? terrorist, was curtailing gun violence, I thought the AWB came from the Ferguson atrocity, but apparently it came as a result of an incident in San Francisco, in 1993,we see the impact of Port Arthur and Dunblane, and how they didn't solve the problem, they were concerned with.

Holly

"once-proud Irish"

Nope. Still proud. The ND kids on the field are truly amazing. They're student athletes, a rare breed.

Beasts of England

Capt. Hate@11:21 - A little speechless, yet enjoying a fine victory. Proud that my older daughter has enjoyed three NCs in her four years at the Capstone!

Beasts of England

Ignatz@10:58 - Bear Saban works for me...

narciso

So, what the lineup from here on in,

Gus

Sabin is a MERCENARY. He is also UNQUESTIONABLY one of the top 2 or 3 College Football coaches of all time. Good Lord, I hate to type that, but it's true.

narciso

He's good, but from our experience, lets wait a bit before putting him in the same company as Bear Bryant, I'm just saying,

Another Bob

The Yahoo mail issue is apparently an XSS exploit that is a vulnerability for all major browsers. Yahoo says they've fixed it.

I'd flush cache and cookies, and change password.

Another Bob

And, obviously, don't follow links from an email unless you're positive you know what it is.

bgates

The Feinstein/Emanuel/Democrat approach to this issue is simply madness.

Do you think they think what they're trying will really save lives? That would be madness; if a man with evil in his heart and any number of common but potentially lethal objects enters an elementary school he'd be able to barricade himself in a classroom for long enough. If they want to eliminate this danger by banning things, they won't be able to stop until forks, phone books, and fire have been outlawed.

Gus

bgates. To demogogue LIBTARDS..(excuse the stolen term) LOW INTELLECT politicians and their LEMMING followers, the KNEE JERK, is the HIGHEST LEVEL of THOUGHT they possess.
Add to that, the preconcieved PROCLIVITY to the IDEA/IDEAL of GUNS BEING INHERANTLY EVIL,and you have......STUPID IS AS STUPID DOES.
Basically LIBTARDS, and this recent and current MARXIST strain of raving idiots, has the PHILOSOPHY of CONTROLLING THEIR FREE AMERICAN POPULACE and CONSTITUENCIES.
They know better, and they will DO GOOD. Your FREEDOM, cannot be trusted.

Gus

bgates, the cherry on top, is that LIBRARD/MARXISTS,then bribe their USELESS IDIOTS with freebies and promises of protection, health care and goooodies.

daddy

bgates,

Your 11:22 is even more brillianter than normal! Absolutely outstanding. What a treat to read that and get to the punchline:) Thanks.

Jane:  Mock the Media

Clarice,

I've had that problem with my yahoo account, off and on, for months.

Jim Ryan

At least Yahoo fixed its weather page that didn't work after they redesigned it.

Jim Ryan

This anti-gun group of Gabby Giffords's - Americans for Responsible Solutions - shouldn't it be Americans for Responsible Solutions Everywhere to get the acronym right?

And do we need both Giffords's new organization as well as James Brady's group? Couldn't they team up?

And when will we see a public servant who has gotten shot in the head by a criminal subsequently decide to form an anti-criminal group?

Jim Ryan

While I'm thinking of it, does anyone have a link to a place to buy blueberry pills? Thanks in advance!

narciso

Speaking of which, the released the only Benghazi suspect, Al Harzi, 'for lack of evidence'

James D.

I read the Drezner article narciso linked to last night, and I'd like those five minutes of my life back.

I thought he used to be at least halfway sane (Drezner, I mean). What happened?

Annoying Old Guy
I thought he used to be at least halfway sane (Drezner, I mean). What happened?

Reality dysfunction. Since his basic ideas don't actually work in real life, he had to chose between ending his belief in them, logic, or reality. You can see the result.

Heh. "Logic, reality, modern liberalism - pick two".

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