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May 24, 2014

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hit and run

We're quickly running out of Saturday morning. I wish I had more.

danoso

The AGW debate is instructive re: 'derail the narrative'. It's a hackneyed phrase, though nevertheless true -- facts don't matter with these folks.

We'll have polls where 97% of economists agree with Pikkety any day now.

narciso

the problem is when you come up with a solution, for a problem, that isn't correctly diagnosed you end up with a bigger problem,

http://libertyunyielding.com/2014/05/18/obamacares-penalties-hospital-readmissions-will-kill-sick-elderly/

the French Krugman has a supposition, on which he bases numbers, one might call it 'hiding the decline,' which in turn leads to flawed policies,

Happy, happy, joy, joy Ignatz

Capital will have just as long a life as Das Kapital and other apocrypha of the leftist canon.

Miss Marple

http://hosted.ap.org/dynamic/stories/E/EU_BELGIUM_SHOOTING?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-05-24-11-38-57

Shooting with 3 dead at Brussels, Belgium Jewish Museum. Shooter had gun in backpack and fled.

hit and run

Meh, I knew Pikkety to be a fraud when he came out with all this fanfare, but didn't even bother to launch a twitter #hashtag.

Miss Marple

narciso, I have a sister with COPD. She's not on Medicare yet but will be next year.

I have seen her admitted for pneumonia twice in 30 days, due to allergies and asthma.

I don't know if I will tell her this but I will emphasize that she needs to take her meds and not skimp.

narciso

There's no other word to use, but evil, this is much worse than a preexisting condition exclusion, whereas a fraud like Ehrlich, tells us tales of the SkyDragon inducing cannibalism,

anonamom

MM, thanks for the link to the article about the 1919 car from my favorite movie.

narciso

the world does ride atop a giant turtle, what's so strange about that:


http://www.economist.com/blogs/freeexchange/2014/05/inequality-0?fsrc=rss

GMax

How does Piketty respond to the Financial Times. You can read it below, but my paraphrasing is as follows: "Your damn right I ordered the code red."

For the time being, we have to do with what we have, that is, a very diverse and heterogeneous set of data sources on wealth…. [O]ne needs to make a number of adjustments to the raw data sources so as to make them more homogenous over time and across countries. I have tried in the context of this book to make the most justified choices and arbitrages about data sources and adjustments.
GMax

Lord I was born a rambling man. Thanks for the Little Dickey Betts link Steph.

Greg Allman is playing down here this week, but that does not really jazz me. I would travel to see Dickey play though...

henry

Nice morning. Got gas for the mower and beer, got a poppie as well. Neighbor picked up his race car (FormulaIndy class) from winter storage in my barn to prep it for a race weekend at Milwaukee Mile. Nothing like pushing a race car around to make the riding mower seem even slower than it really is. Good start to Indy weekend.

Rick B

GMax,

I believe that's known as a Happy Endings Deep Data Massage. Piketty is in line for a Nobel on the basis of his skill in embiggening. He's third after Bellesiles and Mann though, so it may be a while.

hit and run

Gmax:
but my paraphrasing is as follows: "Your damn right I ordered the code red."

And off we go!

Son, we live in a world that has data, and that data has to be guarded by men with spreadsheets and algorithms. Who's gonna do it? You? You, Conservative Wingnut? I have a greater responsibility than you can possibly fathom. You weep for objective truth and you curse the credentialed elite. You have that luxury. You have the luxury of not knowing what I know, that torturing data, while tragic, probably saved grants. And my existence, while grotesque and incomprehensible to you, gets progressive policies implemented! You don't want the data, because deep down in places you don't talk about at parties, you want me manipulating that data. You need me manipulating that data. We use words like "averaging", "reconstructing", "tweaking". We use these words as the backbone of a life spent getting money and power and fame. And hopefully chicks at booksignings. You use them as a punchline. I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very funding my work provides, and then questions the manner in which I provide it! I would rather you just said "thank you", and went on your way. Otherwise, I suggest you pick up a mouse, and create a complex formula in Excel. Either way, I don't give a damn what you think you are entitled to!

narciso

'there are five lights' no matter what he said;


http://www.nytimes.com/2014/05/24/books/eduardo-galeano-disavows-his-book-the-open-veins.html?hpw&rref=arts&_r=0#

Although, I'm on a reduced Carlos Slim diet, the premise of the hackneyed pieces above the byline say it all,

narciso

To wit, suggesting the Nigerian army doesn't want to go after Boko Haram, the spetnaz astroturf in the Donbass, is the same as the Ukrainian home grown militias,

Danube on iPad

I think maybe the Italians are onto something:

"Istat, Italy´s national statistics office, will include estimated dealings from drugs, arms trafficking and prostitution in its GDP figures from now on, acoording to Bloomberg. This move should increase Italy’s economy by at least 1.3 per cent in the first year, helping it to comply with EU rules on indebtedness, which limit member countries to spending no more than 3 per cent of their GDP."

GMax

If the Greeks adjust for off the books commerce, their economy will double over night!

glasater

Narciso-

I want to thank you for putting me onto Alex Dryden-pseudonym of an author of the book(s) I'm reading right now where I started with the "The Blind Spy" and I'm now on "Red to Black".

That fellow seems to have some insight on Putin's long range plan and that plan seems to involve world finance.

GMax

If you cant raise the bridge, just lower the water.

Buford Gooch

Hit, that was marvelous.

hit and run

Gmax:
If you cant raise the bridge, just lower the water.

Obama was absolutely certain that generations from now, we would be able to look back and tell our children that June 3, 2008 was the moment when the rise of the oceans began to slow.

narciso

You're welcome, he has a new one, set in Siberia, but it's only available through the
British version of Amazon

narciso

'Dryden' is not unlike Dan Silva, he puts in his
roman a clef, details that don't make it in the broadsheets;


http://www.amazon.com/Death-Siberia-Alex-Dryden/dp/0755373375/ref=la_B0034P7YWA_1_2?s=books&ie=UTF8&qid=1400953479&sr=1-2

Rick B

"that plan seems to involve world finance"

Glasater,

Perhaps Putin has spent some time reflecting upon all the peace and prosperity which flowed from the elimination of the Bourbon and Romanov 1%ers and has determined that the elevation of an incompetent buffoon in the US is a comparable signal event? The other day, Rich asked how the Sino-Russian 30 year gas deal was denominated. I'm sure it wasn't in euros or dollars.

Beasts of England

Teh Narrative? 12 year old Pikkety was just walking back to his Dad's house, armed only with on Skittles and Iced Tea.

hit and run

mrs hit and run is at a wine tasting this afternoon (part of a birthday party for a teacher at the school), and then will be running in a 5K Glow Run around 9pm. They take glow sticks and break them and liberally spread the stuff all over themselves or somesuch. Such shenanigans. I'm waaaaaaay too mature for stuff like that.

So . . . dinner's on me with the kids.

I'm thinking homemade mac-n-cheese. Looks like I'm going to riff off of the recipe at The Pioneer Woman. I like the idea of starting with a roux.

Thomas Collins

Re DOT's 1:13 PM post: I wonder whether lapdances are included in GDP. Probably not, because if they were, Providence, RI would have the highest per capita GDP in the world!

narciso

Interestingly, the Plan, that the ex MI-6 hero and his ex SVR girlfriend uncover is not unlike
what the Italians have realized, in a matter of speaking, it's also a subplot in Tom Clancy's last

lyle

I don't know how to link on my phone but everyone should read Emeries (sp?) piece in the Weekly Standard. Ace has a sidebar link. Fantastic and very much worth your time.

Danube on iPad

It's working!

"WASHINGTON (AP) — President Barack Obama celebrated when sign-ups for his health care law topped 8 million, far exceeding expectations after a slipshod launch. Most Americans, however, remain unimpressed.

"A new Associated Press-GfK poll finds that public opinion continues to run deeply negative on the Affordable Care Act, Obama's signature effort to cover the uninsured. Forty-three percent oppose the law, compared with just 28 percent in support."

(Note that the AP accepts uncritically the 8 million figure.)

hit and run

I woke up nearly three weeks ago with pain in one of my fingers. I didn't do anything to it - just woke up with the pain.

Maybe I slept on it funny?

But three weeks later and the swelling hasn't gone down.

I'm afraid I keep aggravating it by playing so much pool, but let's face it, you're gonna have to pry my cue from my cold, dead hands.

I have a new theory on the injury and the slowness of the healing.

mrs hit and run is tweaking my finger while I'm sleeping so I won't be able to take off my wedding ring when all those hot young things are throwing themselves at me at the bars I play at.

When confronted with this theory, mrs hit and run responded, "no hot young thing is throwing herself at you at any bar."

Back to the drawing board.

hit and run

My finger is not happy.

Miss Marple

hit and run, I don't suppose you have considered going to the doctor?

I am not a medical person, but I think after 3 weeks you probably should have that looked at.

henry

MM, 3 weeks is way too soon if he goes to the VA.

hit and run

I am starting to consider the doctor. My doctor is a D.O. who I haven't seen since my elbow locked up 4 years ago.

However, since that time, our kids both go to the same charter school - and mrs hit and run works there and my doc volunteers there all the time - so I'm starting by getting an informal opinion first.

And in the interest of full transparency, I'm also trolling for an anonamom opinion here, too.

Happy, happy, joy, joy Ignatz

1.I suspect your finger is completely full to the nail with beer, as the gold choke collar prevents the little guy from swallowing.

2. If you pierced your finger's nose the swelling would probably be relieved.

narciso
daddy

No problem about Piketty, because according to Taranto's Best Of The WeB He's meeting with Senator Liz Warren who I'm sure will set him straight:

---"Elizabeth Warren to Appear With Economist Thomas Piketty"--headline, Puffington Host, May 21

Also enjoyed this from Taranto:

WE FIND A CLUE

---"Boston Bombing Suspects' Muslim Identity Provides Few Clues to Motivation for Bombing"--headline, Puffington Host, April 19, 2013

---"I'm jealous of my brother who ha[s] [re]ceived the reward of jannutul Firdaus (inshallah) before me. I do not mourn because his soul is very much alive. God has a plan for each person. Mine was to hide in this boat and shed some light on our actions. I ask Allah to make me a shahied (iA) to allow me to return to him and be among all the righteous people in the highest levels of heaven. He who Allah guides no one can misguide. A[llah Ak]bar!"--letter from Dzhokhar Tsarnaev, quoted by the Boston Globe, May 22, 2014

Good Morning!

daddy

Bashing Paul Krugman so TM doesn't have to!

From Pejman: Facts Are Stubborn Things . . . As Thomas Piketty Is Beginning to Find Out

The second thing we ought to note is that neither Giles, nor Giugliano, nor the Financial Times would have discovered that Piketty’s books is fundamentally flawed if they listened to Paul Krugman, who famously said on his blog that “if you think you’ve found an obvious hole, empirical or logical, in Piketty, you’re very probably wrong. He’s done his homework!” Yes, that was a real statement by Paul Krugman, and yes, it ought to haunt him for the rest of his life–and beyond. We now know that it is more accurate to say that Piketty fudged his homework. I doubt that Krugman knew that Piketty’s conclusions were pretty much made up out of thin air–if he did, there is truly something rotten in the state of economics–but the point is that Krugman tried his damnedest to ensure that no one would take a critical eye to Piketty’s data and conclusions.

MaryD

Hit, one of the things that might be bothering you is gouty arthritis. The joint flares up for seemingly no reason, and will stay that way until you get some medication. Beer consumption is a factor. (Yes, life is not fair.) You can also get it from taking diuretics.

I have it and am take medication for a year. I only had the initial flare-up and nothing since.

hit and run

MaryD:
Beer consumption is a factor.

What I Hear: You're suggesting I go back to Titos for a while.

(jokes aside, thanks for the info)

maryrose

Hit and Run:
It looks like a finger jam or a spider bite.Can you get your ring off? I think I would check in with your friend at the Chater scool toute suite.
I know there was gun-running and other nefarious activities going on in Benghazi. Pretty soon ,thanks to the investigative panel ,so will everyone else.
Rand Paul hinted at it in his questions for Hildebeast. I love that we have them on the run.
Messnbc had some gal on last night opposed to dems on the panel. Her comment"Now the media will HAVE to cover it" So revealing when the mask slips.

daddy

Horrible about the UC Santa Barbara killer running around murdering girls because no one would have sex with him, but the crazy sad thing is that now that he is a mass murderer he'll have girls jumping out of the woodwork wanting to marry him. Think of Joran van der Sloot, the Tsarnaev brother, Charlie Manson, and here's 15 more on death row who found love

Danube on iPad

I've been on gout meds for a year. It flares in my big toes, which is the most common site. I have never heard of it in a ring finger. It's caused by high uric acid.

anonamom

Hit, I agree with MaryD that you have arthritis (inflammation of a joint). ;-)
Why just one joint is the question--and her diagnosis is a good guess. I'd definitely go for the free consult from your doctor next time you see him.
(I'm assuming you have no rash, fever, swollen lymph nodes under your arm--signs of infection, that would warrant seeing a real doctor promptly.)

Here you go:
http://www.medicinenet.com/gout_gouty_arthritis/
article.htm

jimmyk

here's 15 more on death row who found love

Maybe they see what Costanza did about the advantages of having a mate in the slammer: "No pop-ins!"

Sue

Daddy,

I heard the shooter was dead. GSW to the head. They don't know if it was self inflicted or not.

Sue

Boris,

That was amazing.

daddy

I see the shooter is dead. Good riddance.

narciso

Krugman is just throwing up more ink for his Sokalian confrere, meanwhile it unravels further

http://www.powerlineblog.com/archives/2014/05/more-picking-on-piketty.php

daddy

Hit, I agree with MaryD that you have arthritis (inflammation of a joint). ;-)
Why just one joint is the question

Medical Marijuana might cure that Hit.

And I think Anonamom just prescribed the proper dosage:)

MaryD

Dot - You're quite correct. Gout in the toe joints is very common, but both men and women can get it in their fingers; in fact, according to my doctor, women will frequently have only fingers affected.

Hit, I would love4 to think that Tito's is the answer, but unlike anonamom, I'm not qualified to prescribe. :-)

maryrose

should be charter school
Happy Memorial Day to everyone and a special thanks to our vets and our troops. They are the real heroes!

narciso

the killer, apparently is the son of someone who
was involved in filming the Hunger Games films,

hit and run

Thanks all for the tips and tricks and help.

Boris - that's a cool vid....let's see what I've got laying around here....

But If I have to cut it off - it will be my finger not the ring.

daddy

I wonder if a determination can be made as to whether Piketty or Mann is the bigger liar and charlatan?

I'd give the edge to Michael Mann, simply because we can see the data Piketty uses and know that he's lying whereas Mann hides his data and sues anybody who tries to get a look at it.

maryrose

both are charlatans trying to make a buck. Hopefully informed people have their number and uninformed don't care.

Happy, happy, joy, joy Ignatz

It could mean Mann is a bigger liar or it could mean Piketty is a bigger moron.

James D.

Human nature sucks.

The older I get, the more I think that's at the heart of everything that's wrong. We just have a lot of really destructive (both to ourselves and to others) and terribly stupid impulses baked right into our brains.

Extraneus

Anyone up for some goat meat stew?

hit and run

That's it! I should have put goat in the mac n cheese.

Dang it.

Kids loved it though. A big hit.

maryrose

JamesD:
the question is whether you act on those impulses.
The hardest thing I ever had to deal with in my life occurred when I was 12. My oldest brother drowned in Lake Erie. I measure all hardships in my life against that moment. Nothing in life can't be overcome with the support of your family friends and God. No situation since has come as close to my inner soul.

anonamom

Too soon, Ex.

Jane

Next time make it with Cauliflower Hit.

glasater

Perhaps Putin has spent some time reflecting upon all the peace and prosperity which flowed from the elimination of the Bourbon and Romanov 1%ers and has determined that the elevation of an incompetent buffoon in the US is a comparable signal event? The other day, Rich asked how the Sino-Russian 30 year gas deal was denominated. I'm sure it wasn't in euros or dollars.
Posted by: Rick B | May 24, 2014 at 02:08 PM

RickB-

I had quickly read somewhere that this 'gas' transaction was done in gold but sure couldn't verify that one.
I do know that one or two financial type commenters have said that if gold becomes the de facto unit of transactions like this between/amongst governments rather than the dollar we are headed for a world wide financial dictatorship.

OK, I'll take the tinfoil hat off now :-)

hit and run

Jane:
Next time make it with Cauliflower Hit.

Will that help my gout?

Seriously, I remember you talking about substituting cauliflower for other things before. I'm intrigued because in the last 5 years or so my palate has become completely desirous of meats and veggies.

That's it. I could go the rest of my life without eating anything else and not miss it a bit.

I might need rice with my gumbo or beans and rice. And I can certainly enjoy pasta. But honestly, I wouldn't miss those things if they weren't available.

Fruits? Meh. Desserts/sweets? Yuck.

I swear, the trend I've been going the past few years, I'll probably be eating straight dirt as a side dish in a couple more years.

Yes, waiter, I'd like a steak served raw and a side of dirt, please. And a beer on draft. It's ok, I got the ring off after eating the cauliflower, so I'm having beer again.

daddy

It could mean Mann is a bigger liar or it could mean Piketty is a bigger moron.

Amity Schaes commented that she thought that Piketty haughtily filled his books with supposedly difficult equations and arguments that ordinary guys wouldn't be able to understand, assuming that that would showcase his brilliance and shame the non-cognoscenti into silence, ergo his opponents would be too cowed to fight back as they could be portrayed as too stupid to understand his arguments. (See the Krugman quotes I posted above to reinforce that idea) Since we are able to read the data ourselves, I assume Piketty simply has an overweening belief in his own brilliance.

Mann on the other hand, hides his data, belligerently smears his opponents, and tries to bully them into silence thru the use of the legal system and his pals in the MSM, Academia, and politics. That tells me that he intrinsically knows that what he has said is lies but he cannot possibly back down at this stage so has to continue to go all in on his campaign to continue to hide the truth and silence his enemies.

With the corruption in our legal system, our MSM, our Academic Institutions, and our funding via the corrupt Federal Govt, I think Mann has a better chance at getting away with it at this point than Piketty.

hit and run

I can't help thinking of this every time Piketty comes up . . . P(ersn)iketty

Jack is Back

With all due respect to our JOM members, Memorial Day or aka Rememberance Day is not for Veterans but those who made the ultimate sacrifice. God Bless those fallen brave souls and God Bless America as long as you have enough holy water to wash away the stench of corruption, sedition and treason hanging over it.

Sometimes I feel I am in 18th century France or early 20th century Russia.

Sue

Amity? Fan of Jaws?

rse

I just want to point out Piketty used to be an economics prof at mit in his 20s during the 1990s. http://prospect.org/article/piketty%E2%80%99s-triumph

He is not just a Marxist then by belief, but a systems theorist in that great tradition of Sloan Business School.

We can think of Capital as his manifesto to give a rationale for redesigning the system. Just like Sandy Pentland, Solow, Peter Senge, Otto Scharmer all want to do to this day.

Sue

Amity? Fan of Jaws?

Sue

Amity? Fan of Jaws?

James D.

the question is whether you act on those impulses.

Agreed.

What depresses, and often scares me, is the impulse, or desire, or whatever it is, that draws otherwise rational people to these monsters.

Whether it's marriage proposals to serial killers, or the folks who became part of the "Manson family" or the people who want their political candidate to be not merely an officeholder, but a messiah, being drawn to monsters seems to be built right in to the most basic level of (some? many?) people's personality.

Jack is Back

MM,

I am sitting in my club chair after a hard day of packing for our Grand Tour and thinking about all the things i have forgot to pack, watching The Memorial Day 500 Festival Parade from Indy. Never have seen it before but it is great and you weather is perfect. God Bless Middle America.

BTW, we leave tomorrow for Newark out o Jax and then catch our Lufthansa flight to Frankfurt on to Brusslels. Don't forget to follow us on Frederick's travel log The Journeys of Frederick.

Captain Hate

With the corruption in our legal system, our MSM, our Academic Institutions, and our funding via the corrupt Federal Govt, I think Mann has a better chance at getting away with it at this point than Piketty.

Any scientist worth his/her title should be appalled at Mann's lack of transparency regarding his data. That is a 100% deal breaker right there. Anybody claiming otherwise is a liar or a fool.

Captain Hate

Agree with JiB's 6:13 of course.

Wow, maryrose; an event like that at 12 lets you know what's important in life and what isn't. A hard way to learn it though.

Beasts of England

It ain't your typical Memorial Day weekend fare, but it was pretty darned sporty. Now, for a nap...

Sue

They could just be a lying fool.

narciso

there is too a pony, you just have to dig deeper:

http://www.nextnewdeal.net/rortybomb/ft-gets-pikettys-capital-argument-wrong

miss Marple

Jack, Glad you enjoyed the parade. Indiana is patriotic and delightfully corny and sentimental.

This is the last year Jim Nabors will sing "Back Home Again in Indiana" at the start of the race. He has attended the race and sung that song for almost 40 years. He is well-loved here and people are very upset that he will not be doing it. I wouldn't be surprised to see a hologram used. He comes and attends race parties and is always cordial and cheerful.

I still remember listening to the race when I lived in West Berlin. Most homesick I ever got.

Extraneus

VA expands veterans' access to outside medical care, in effort to clear long waits

That's the reform they need, not more money for the VA to expand. Expand their network. Why should vets not be allowed to go to Sloan Kettering or the Mayo Clinic or some doctor down the street?

Captain Hate

Top.Men.

National Republicans might not support state Sen. Chris McDaniel if he wins the party's nomination in the Mississippi Senate race.

National Republican Senatorial Committee Chairman Jerry Moran demurred when asked on MSNBC's Daily Rundown whether the party would support him if he does end up defeating Sen. Thad Cochran in the June 3 primary.

"We will see what the facts are at the time we make a decision about that race. I expect Sen. Cochran to win his primary, and I expect him to be the next United States Senator again from Mississippi," he said.

If the NRSC declined to support McDaniel, Democrats would have an even stronger shot at the seat.

The Hill


hit and run

JiB - The hyperlink in your comment was to a JOM address.

Maybe try just pasting Frederick's url in the comment without trying to hyperlink it.

jimmyk

Anyone up for some goat meat stew?

Anything you want, ext. Anything you want. Please put that stick down.

henry

JiB, your link cycled back to this page.

Thanks for the reminder on Memorial Day. The only family member to make the ultimate sacrifice did so in France, from a mustard gas attack marching to the front in WWI. My grandmother's older brother Jack. At the end of her life she thought I was Jack finally come home (she had always remarked on how much I resembled him).

narciso

'What this shovel, in my hand' no that has nothing to do with it,

Extraneus

I'll let my wife know your position, Jimmy, and thanks for your support.

hit and run

Using the Google-y moogly...

The Journeys of Frederick

Captain Hate

At the end of her life she thought I was Jack finally come home (she had always remarked on how much I resembled him).

In my home town a few old timers would call me by my maternal grandfather's name because they said I looked just like him. I found it mildly unsettling but in a positive way.

Rick B

"OK, I'll take the tinfoil hat off now :-)"

Glasater,

Suggesting that a BTU per ounce of gold rate may be part of the Sino-Russian gas deal doesn't require a tin-foil chapeau. There has to be a commodities basket involved and there is no reason why gold wouldn't be part of it.

Now, if you were to state that Italy was going to have to add its Hookers & Blow sector to its GDP estimate in order to keep unicorns flying in Eutopia, that would qualify for real tin-foil hat status.

glasater

This is who I always think of and remember this weekend:

Dutro

Jack is Back

See if this link works for Frederick's travel blog.

glasater

RickB-

Your perspective helps me keep my sanity…really :-)

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