bacon dreamz, maybe you can make comic strips to help the reporters and economists understand what the hell is going on. Saddly they still wouldn't get it.
Here's another vicious pack of lies from Greenspan:
Asked during an interview for a show to be broadcast Sunday if he would have acted as dramatically and quickly now as when he was chairman in 2001, he said, "I'm not sure that's true," the program said in a press release.
"We were dealing in an environment back then where inflation was easing. We could have acted without the fear of stoking inflationary pressures. You can't do that anymore
And yet a look at the actual data shows the exact opposite to be true:
Inflation was HIGHER than today in 2001, and it was RISING on a year over year basis. Inflation is LOWER today and is FALLING on a year over year basis... if you believe the government statistics.
Greenspan knows this, of course. Just like he knew housing was in hellacious trouble last year when he was saying it had bottomed.
Sadly it is Fed policy to assume that the typical person in America is so colossally dumb that they would emotionally collapse if exposed to any kind of economic reality.
We don't have an inflation problem. We have a speculation problem.
Of course Greenspan is the root cause of this. So maybe that's why he chooses to be openly and obviously deceptive.
Wouldn't MoMA/Guggenheim would be a more appropriate venue? And more in keeping with the outrageous prices currently paid for modern art over Old Masters.
And if you ever get fired, you can earn AT LEAST $5,600 a year drawing indie comic strips for alternative newspapers (just cross the page from dirty phonechat services). Far hipper than doing something inexplicable with mortgages.
i struggled with capturing the essence of "Mozilo". in my first attempt, he was too "Glad man" and in my second attempt, too "Bob Barker". but in the end, i must admit i nailed it!
i struggled with capturing the essence of "Mozilo". in my first attempt, he was too "Glad man" and in my second attempt, too "Bob Barker". but in the end, i must admit i nailed it!
Indeed. The surreal skin tones and sharply-defined lines of thesuit immediately draws one's eye to Mr. Mozillo: by prominently placing him in the center of the work, it's subtly suggested that he also represents the nexus of the current economic troubles. The sophisticated presentation and clean typography of the sellers dialog provides an interesting contrast with the simpler methods used in the rest of the work, and implies that, perhaps, the "victims" of Mr. Mozillo perhaps weren't so innocent after all. The sunny house stands apart from the other visual element, and its presentation suggests a child-like innocence that reminds the viewer of the real victims of the housing bubble: Millions of innocent granite deposits.
This is the kind of sophisticated and provocative analysis that keeps bringing me back to Calculated Risk.
This is the kind of sophisticated and provocative analysis that keeps bringing me back to Calculated Risk.
You were an Art History major, weren't you? Hmm? I know you guys never get a job in that field.
I agree the MoMA is probably a more appropriate venue, tho I spent a few happy hours in the d'Orsay in July and I can see this fitting in...at least with the architectural detail of the museum itself - the modern touches, not the original train station.
so did i fix anyone? time for an uber nerd on convexity?
btw, Tanta came up with the awesome title, not me...in sticking with my modernist theme, it was left untitled, so the thingy in the museum should read:
Untitled No. 1
2007
Medium: MSWord Art
by bacon dreamz, still ticking
for those unaware, sharks is a reference to poor people (link above), in addition to being a sporting franchise from an inflated housing market in california.
"for those unaware, sharks is a reference to poor people (link above), in addition to being a sporting franchise from an inflated housing market in california."
dammit bacon dreamz.. leave the onion shrouded in mystery clouds... next thing I know, you'll be revealing who all these strange granite counters are.. why are they counting granite?!! PLEASE TELL ME!!1
Either that, or is a meticulous reproduction of an original stencil that resides in the 2nd stall of the 3rd floor mens room of a certain office building in Calabasas.
Either way, its time to set out a tip jar for Bacon.
Now I'll be able to tell my grandchildren: "I remember the first time I saw his work- it was in ought-five or maybe it was ought-seven. During the Great Depression II. I was selling apples on the corner, mostly iPods and iPhones, but you wouldn't know what those things were,.. anyway, I knew right away it was just the start of a brilliant career,..."
...and now i'm happy with the labels.
Coloring is perfect. Orange hue and all.
About suffering they were never wrong, the Old Masters . . .
bacon dreamz, maybe you can make comic strips to help the reporters and economists understand what the hell is going on. Saddly they still wouldn't get it.
I like bacon dreamz. He types like the people who say to buy gold coins and cabins in rural Montanna, but he doesn't and it's oddly charming.
I'll take this whimsical post to express my appreciation to Tanta and CR for this blog. I rarely get into a comments thread this early.
One the anecdotal side, driving around Omaha, there are a LOT of vacancies in newer strip malls (and, of course, older ones) and a lot of FSBOs.
..i'm still confused on why people would want something that counts granite in their house..
...such a fine blog, as featured in the WSJ and CNBC LOL - thanks.
Happy to provide inspiration.
Greenspan: "I didn't get it..."
http://www.drudgereport.com/flash1.htm
Here's another vicious pack of lies from Greenspan:
Asked during an interview for a show to be broadcast Sunday if he would have acted as dramatically and quickly now as when he was chairman in 2001, he said, "I'm not sure that's true," the program said in a press release.
"We were dealing in an environment back then where inflation was easing. We could have acted without the fear of stoking inflationary pressures. You can't do that anymore
And yet a look at the actual data shows the exact opposite to be true:
Inflation was HIGHER than today in 2001, and it was RISING on a year over year basis. Inflation is LOWER today and is FALLING on a year over year basis... if you believe the government statistics.
Greenspan knows this, of course. Just like he knew housing was in hellacious trouble last year when he was saying it had bottomed.
Sadly it is Fed policy to assume that the typical person in America is so colossally dumb that they would emotionally collapse if exposed to any kind of economic reality.
We don't have an inflation problem. We have a speculation problem.
Of course Greenspan is the root cause of this. So maybe that's why he chooses to be openly and obviously deceptive.
This guy is like school in the summer...
Greenspan Backs Bernanke's Response To Credit Crisis - WSJ.com
Wouldn't MoMA/Guggenheim would be a more appropriate venue? And more in keeping with the outrageous prices currently paid for modern art over Old Masters.
Bacon-
Plz send more strips to CR. Love that hue.
And if you ever get fired, you can earn AT LEAST $5,600 a year drawing indie comic strips for alternative newspapers (just cross the page from dirty phonechat services). Far hipper than doing something inexplicable with mortgages.
Wouldn't MoMA/Guggenheim would be a more appropriate venue?
Probably. But didn't everyone else immediately think of W.H. Auden when they saw this?
" Too many notes! "
ROFL...
However, Screw the Sharks- go Hawks!
i am amazed no one said:
'how's he going to high five with no arms?'
get it? 'arm's?
bd, honey, they don't have any feet.
bacon,
I love the pictures, but I think your rendering is a little text heavy.
can you try to restrict further posts to under 2 syllables?
TIA.
Countrywide Foreclosures (REO) Blog
Include this link next time bacon - the perfect touch.
Awsome. High Five!
i struggled with capturing the essence of "Mozilo". in my first attempt, he was too "Glad man" and in my second attempt, too "Bob Barker". but in the end, i must admit i nailed it!
i struggled with capturing the essence of "Mozilo". in my first attempt, he was too "Glad man" and in my second attempt, too "Bob Barker". but in the end, i must admit i nailed it!
Indeed. The surreal skin tones and sharply-defined lines of thesuit immediately draws one's eye to Mr. Mozillo: by prominently placing him in the center of the work, it's subtly suggested that he also represents the nexus of the current economic troubles. The sophisticated presentation and clean typography of the sellers dialog provides an interesting contrast with the simpler methods used in the rest of the work, and implies that, perhaps, the "victims" of Mr. Mozillo perhaps weren't so innocent after all. The sunny house stands apart from the other visual element, and its presentation suggests a child-like innocence that reminds the viewer of the real victims of the housing bubble: Millions of innocent granite deposits.
This is the kind of sophisticated and provocative analysis that keeps bringing me back to Calculated Risk.
Bd has his name in lights on a top ten blogger site....
You got your 15 minutes.
get on your soap box and tell us how it is !!!!
La musee des beaux arts -- elle est bien bonne celle la!
get on your soap box and tell us how it is !!!!
i prefer to let the spotlight shine on my work (screw you frank gehry if you think it's going in a museum designed by you)...
i suggest sitting in quiet contemplation for a few hours, pondering its depths, a la gng.
I am duly humbled.
On 09.13.07 at 1:25 pm, bacon dreamz sed:
i am amazed no one said:
'how's he going to high five with no arms?'
get it? 'arm's?
I'm sorry Bacon, a true artist is never really appreciated in his own time.
Thanks for the chuckle(s).
Scott
GNG -
This is the kind of sophisticated and provocative analysis that keeps bringing me back to Calculated Risk.
You were an Art History major, weren't you? Hmm? I know you guys never get a job in that field.
I agree the MoMA is probably a more appropriate venue, tho I spent a few happy hours in the d'Orsay in July and I can see this fitting in...at least with the architectural detail of the museum itself - the modern touches, not the original train station.
"the ploughman may
Have heard the splash, the forsaken cry,
But for him it was not an important failure..."
I keep the poem in my office and the Breughel print in my house, for perspective.
Nice cartoon, bacon dreamz.
gng,
That was brilliant!
Thanks,
Yearning to learn: OINK!
gng
Do nut reed, 321gold: Oooooops
Nice work, Bacon.
so did i fix anyone? time for an uber nerd on convexity?
btw, Tanta came up with the awesome title, not me...in sticking with my modernist theme, it was left untitled, so the thingy in the museum should read:
Untitled No. 1
2007
Medium: MSWord Art
by bacon dreamz, still ticking
Bacon, where is Mozilo's other handless arm?
i prefer to let the spotlight shine on my work (screw you frank gehry if you think it's going in a museum designed by you)...
Does CFC have a corporate art collection ?
just sayin...
Oh the humility!
I love it. I eat this stuff up.
Congrats bacon dreamz! 100 points awarded to House of Hogsville!
Congrats Tanta! 100 points awared to House of Calculated Risk for clever use of self-deprecating humor!
(At least that's how I'd do it if I was in charge. Unfortunately, I'm still trying to pass Defense of the Dark Arts while slither...um, snickerin'!)
o francis bacon jokes? thank jeebus.
F'ing love it! Go Sharks - fan-tastic.
Awwwww, bacon, that's adorable!
My artistic skills are almost as good as yours ;_)
Go Sharks? Didn't realize you are a Bay Alien.
Here's my contribution to Musee Des Beaux Arts (apologies to the many of you who have no doubt seen these already):
404 Not Found
billygoat, sharks is a bit of an inside joke for the CR locals...
Calculated Risk: Poor People Are Sharks
Ahhh yes, forgot about that post. Wow!
The more I take it in, the more brilliant and sublime it becomes...
for those unaware, sharks is a reference to poor people (link above), in addition to being a sporting franchise from an inflated housing market in california.
you must peel back the layers of my onion...
"for those unaware, sharks is a reference to poor people (link above), in addition to being a sporting franchise from an inflated housing market in california."
dammit bacon dreamz.. leave the onion shrouded in mystery clouds... next thing I know, you'll be revealing who all these strange granite counters are.. why are they counting granite?!! PLEASE TELL ME!!1
you must peel back the layers of my onion...
There's no need to be so explicit: The stratification of ideas present in the "seller" figure is clearly implied by the onion-like color of his head.
dammit bacon dreamz.. leave the onion shrouded in mystery clouds...
i had to help out the people who don't read cr everyday...i'm not a snob, i want my art to reach the unwashed masses...
bacon dreamz - Thanks.
gng - Thanks.. I think you should create entries for Pseuds Corner in Private Eye
billygoat - Thanks for the link.
-K
First glance impression:
American Gothic 2007
Truly a classic.
I love the shout out to San Jose as well.
Well done Bacon dreamz! Thank you Tanta for posting it.
Will there be more? Pleeeaaaase?
That is a work of a true artist.
Either that, or is a meticulous reproduction of an original stencil that resides in the 2nd stall of the 3rd floor mens room of a certain office building in Calabasas.
Either way, its time to set out a tip jar for Bacon.
Now I'll be able to tell my grandchildren: "I remember the first time I saw his work- it was in ought-five or maybe it was ought-seven. During the Great Depression II. I was selling apples on the corner, mostly iPods and iPhones, but you wouldn't know what those things were,.. anyway, I knew right away it was just the start of a brilliant career,..."