The Krugman Blues

Krugman = Neo-Mathusian.

So he says, lets us believe in a "model" that worked for 58 out of 60 centuries (but has zero predictive ability since it was created).. Isn't that what he criticizes in financial innovation?

With that, I call it a night. Night !

May tomorrow be more interesting than today...

You beat me to it Charles. Dead Skunk in the Middle of the Road. I didn't know that Louden was still performing.

Lucifer, I'm not sure what you are talking about. Krugman is not a neo-Mathusian. He has defended Malthus - Krugman points out that Malthus was working from the data he had seen (Malthus gets criticized all the time).

Krugman has never argued that innovation just leads to population gains without an increase in the standard of living.

Hmmm ... it can't be that he is concerned about global warming? That reminds me, I haven't written about that in some time.

best wishes

You don't need Krugman to know the blues.

Work that guitar

Brother Can You Spare A Dime

Lucifer, if banks ever charged interest to hold cash dont you think joe 6 pack would take his money out of the banking system whatever little he had left and that in itself would cause the mother of all bank runs. i hear most of our $800 billion of currency is in south american drug dens and europe and russia.
would B-1 ben be so stupid as to actually awaken joe 6 pack out of his bread and circus induced delusion?
I wouldnt keep my money in a bank if it were charging me interest would you?

Malthus believed in limits. Krugman clearly does not.

Because its good for you...

"Senate bill fines people refusing health coverage"

Yahoo! 404 - Page Not Found 

"Americans who refuse to buy affordable medical coverage could be hit with fines of more than $1,000 under a health care overhaul bill unveiled Thursday by key Senate Democrats looking to fulfill President Barack Obama's top domestic priority."

lmao!
However, Loudon Wainwright III, not the world's most bluesy name.
Blues Primer

  1. "Make your own Blues Name" Starter Kit:
    a. name of physical infirmity (Blind, Cripple, Lame, etc.)
    b. first name (see above) plus name of fruit (Lemon, Lime, Kiwi, etc.)
    c. last name of a President (Jefferson, Johnson, Fillmore, etc.) For

example: Blind Lemon Jefferson, Pegleg Lime Johnson or Cripple Kiwi Fillmore, etc. (OK, maybe not "Kiwi.")

But mathematical models of complex, poorly understood systems are so reliable. Smile


Hmmm ... it can't be that he is concerned about global warming?

On Krugman's blog.. he says the following

Leave aside the climate science issues. What very few people realize is that Malthus was right about most of human history — indeed, he was right about roughly 58 out of 60 centuries of civilization: living standards basically did not improve from the era of the first Pharaohs to the age of Louis XIV, because any technological gains were swallowed up by population pressure. We only think Malthus got it wrong because the two centuries he was wrong about were the two centuries that followed the publication of his work."

Is that not rather similar to securitization based on models of the past? A theory with zero predictive value is a religion.

Before you do a post on global warming, CR, come to NH. If it got to 60 degrees today I'd be surprised. I am sick of having the heat on in JULY.

This has got to have economic repurcussions. And throw global warming out the window. I'm freezing my butt off.

Still confused about the negative interest rate thing. In my troglodyte reasoning, CBs can't continue forcing their member banks to lend at a loss without backstopping them, right? Doesn't that just imply more and unbounded printing?

rr

sportsfan, gorgeous. Beautiful. Thank you.

Tom Waits - Brother, Can You Spare A Dime?

Cripple Coconut Obama

Bruised Banana Clinton

Tim waiting for 2012 (homepage, profile) wrote on Fri, 7/3/2009 - 4:03 am
Because its good for you...
"Senate bill fines people refusing health coverage"
Yahoo! 404 - Page Not Found
"Americans who refuse to buy affordable medical coverage could be hit with fines of more than $1,000 under a health care overhaul bill unveiled Thursday by key Senate Democrats looking to fulfill President Barack Obama's top domestic priority."

Congress thinks the problem with uninsured people is that they have too much money.

MA already has a similar penalty.

"Health reforms" are about revenue, not health.

Grandpa Elliott looks like he knows the blues

Stand By Me

. . . and Clarence Bekker can sing


barfly, thanks, hope you like this one.

I am fairly sure that their central bankers are also confused. Smile

//Still confused about the negative interest rate thing.//

A rare occasion where I tend to agree with Lucifer's point. Allow a translation if you will:

"Indeed, they were right about 5.8 out of 6.0 decades of financialization. House prices basically did not decrease from 1951 until 2007, because any technological gains were swallowed up by the growth-of-credit buying pressure. We only think the CDS peddlers were wrong because the two years they were wrong about were the two years that followed the climax of their work."

With that said, I tend to worry about global warming. I tend to suspect that we're doomed to a tragedy of the atmospheric commons, because the governments of the world haven't managed to come together to stabilize the composition of the atmosphere. Although when the clear-and-present-danger of the ozone holes became great enough, we did clean up another form of atmospheric carbon.

"Health reforms" are about revenue, not health.

Health reforms are about the health of the insurance companies. They're gonna be REAL healthy.

Krugman: The fact is that Malthus was right about the whole of human history up until his own era.

That is like Taleb's example of the pre-Thanksgiving turkey.

Wisdom Speaker,

You must have read Taleb's example about turkey economists predicting the future based on 1,000 days of being fed and cared for.

The trouble with health is that it's not an entitlement. At a fundamental level, someone else cannot give it to you. You have to conserve it through careful living.

Hehe, Luci. This just sounds like something out of the esoteric economic theory realm, not reality. Should be interesting. I'm sure they aren't setting out to cause calamity, but it looks dumb to me.

i love that one barfly- thx!

kinda bummed that Waits doesnt actually sing anymore. he has such a lovely voice...

RockyR, assuming that banks lend and endure defaults, yes and yes. You are not confused. Policymakers are.

Really.. then why do Europeans live longer than people in the US. Heck.. they smoke more, drink more, eat more fatty foods?

Also could you explain why the death rate and number of people with heart attacks has gone down in the last 15 years, though we have become older and fatter?

// You have to conserve it through careful living.//

Yes.. It is about religion.. not science.

//This just sounds like something out of the esoteric economic theory realm, not reality.//

Health reforms are about the health of the insurance companies. They're gonna be REAL healthy.

  • that's why they need to be taken out of the equation. What do you think are the chances of that happening ?

Yes, Taleb's turkey was a good example. The black swan concept has served me quite well since I read that book, as well.

Regarding health not being given to you: Europeans also walk more, eat less, and eat fewer processed foods. And they don't squander their scarce health dollars in quite the way we do.

The trouble with health is that it's not an entitlement.

Wisdom Speaker, the real trouble with health care IMO is that it's a social issue, not an individual one.

One good pandemic ought to make that clear.

  • but he leaves us with such a beautiful body of work. Endlessly fascinating.

None of which have EVER been shown to increase longevity. You are talking about what you want to work.. not what has been shown to have any effect.

// Europeans also walk more, eat less, and eat fewer processed foods.//

I took so long composing this it came in under the pig. It relates to the discussion on negative interest rates/bank fees...

One of the people whom I assist managing their money has two Wells-Fargo Checking Accounts and linked Savings accounts. Counting all four, the total balances typically fluctuate between $500 and $1500 through each month.

Currently, W-F fees on these accounts come to $19/month or $228/year. That's about 20% annually of the average balance.

She had been paying only $8/mo on one checking account, then W-F convinced her to change some things around resulting in an additional $11 in fees on other accounts.

A couple of years ago I looked at W-F annual report and they had revenue of $1550/customer and profit of $370/customer. How do you think they did that?

[Yes, I am going to get her into a better situation, but she's in a wheelchair and I have no legal authority over her account.]

Say what you may, Wisdom, but I don't consider an investment in breast augmentation surgery to be SQUANDERING money.

Wink

Yes and the composite stand by me is a trip too.
Anyway, nice way to start my july 4 weekend. You all have a safe one...

Lucifer, first, Krugman is just saying Malthus was correct about all the periods up until he lived - but he was wrong about what was his future. But that isn't how Malthus is being criticized (i'd suggest your read some of the uninformed criticism of Malthus). And yes, this is a bit like saying the securitization models were correct on historical data.

Clearly Krugman isn't a neo-Malthusian (as you referred to him in your first post).

I also added a link to that great Merle Hazard video with John Taylor. In a way that is cool, because of the recent debate between Taylor and Krugman.

best to all

@Sportsfan: Yes, some aspects of health care are social issues, but many are intensely private. You can legislate responses to a pandemic (e.g. Mexico this spring; tamiflu stockpiling; AIDS education) but you cannot legislate what people choose to eat or drink. Nor can you legislate what they will do behind closed doors. You can legislate immunizations, but you cannot prevent "health-insured" people from engaging in very risky sports that would've been suicidal 200 years ago (skiing, motor sports...).

@Lucifer: Are you seriously trying to claim that exercise (walking 20-30 minutes/day) isn't conducive to good health?

CR,

He also said 100$ plus oil was based on fundamentals. He expresses admiration for asian cities with public transport. He calls those who disagree with anthropogenic global warming - deniers. He also promotes predictions of climate models that have not been able to reproduce the last 50 years.

I have no issue with what krugman wants to believe in.. but could he not separate his moral views from his economic views.

//Clearly Krugman isn't a neo-Malthusian (as you referred to him in your first post).//

Nobody is claiming that being a bed ridden slob is good for your health. But if you suggest that someone who walked only 30 minutes a day is more responsible for his heart condition than someone who walked an hour a day - you better have the evidence!

Otherwise, you might just as well call yourself a priest.

//Are you seriously trying to claim that exercise (walking 20-30 minutes/day) isn't conducive to good health?//

Wisdom Speaker, I completely agree with what you said. I'm one of those firm believers in individual rights, e.g., that people have the right to engage in all sorts of unhealthy behaviors and activities and that they must bear the consequences, whether it be early death or something lesser.

I would like to see health care (and the banking system) in the U.S. treated as something akin to a utility.

My minimal involvement with the current health care system suggests to me that there is massive waste in the way we are doing things.

could he not separate his moral views from his economic views.

...said the banker about the taxpayer.

barfly, with that voice Tom Waits definitely qualifies as the blues.

Should we assume he was (is) a heavy smoker?

My minimal involvement with the current health care system suggests to me that there is massive waste in the way we are doing things.

You could say that about virtually any field.

its piling on i know. but you started it barfly Smile

Come on up to the house

And I was surprised to see taxpayer did not yet have an entry in The Glossary

sportsfan, I'd say that was a safe bet.

Tom Waits - What's He Building?

TJ, I don't think so. Some things are pretty efficient. Some businesses survive with small margins.

There may be massive waste in the U.S. on a macro level. Hell, we throw away more stuff than most people have.

But when a medical office needs a person to do nothing but coding, and another person to do nothing but following up with the insurance companies to get a check or to argue about what they aren't going to cover, something is drastically wrong.

I don't even want to get started on defensive testing or the phenomenal amount of money that is spent keeping people alive for a few more weeks. There's a lot of pure waste . . . and it's fully reflected in the premiums.

sportsfan,

Just for arguments sake, why is waste less tolerable in healthcare than other fields? In your example it employs two people that otherwise wouldn't have a job. Isn't that worth something??

rhetorical question: is there such a thing as too much Tom Waits?

@sportsfan: Yeah, we're on the same page. It seems to me that "public health" began with good intentions, and good success at eliminating smallpox, minimizing polio, and so on. And the original forms of "health insurance" were "major medical" type -- they actually insured you against low-probability, high-impact events, while leaving you with the ordinary "maintenance" bills. I think from that point on the bureaucratic and marketing imperatives (respectively) took over, and the BABD's fell into some serious logical fallacies about getting something for nothing (possible for the individual, but not for the whole nation), and now we think health care is an entitlement.

TJ, it's less tolerable (to me) in the health care field because of the massive amount of money spent in that field.

I understand there will be a massive increase in unemployment if the involvement of insurance companies is somehow minimized in the health care industry, but I would hope those people find something productive to do.

If keeping people pushing papers around was all we needed, we could all work for the gubmint.

When Krugman let loose with that profoundly ignorant and insult laden screed on climate he managed to at first evoke laughter in the real sciences and then upon their further reflection actual disdain for an entire discipline that allows such to be pronounced from among their ranks.

Unproductive employment is in many ways worse than unemployment:

1) It takes away time that could be spent producing social goods that do not show up in GDP (e.g. playing with your kids, volunteering)

2) It breeds cynicism and contempt for the system, which leads to lawlessness in other areas (why does the U.S. feel the need to incarcerate more of its population, percentage-wise, than just about anywhere else?)

3) Because someone has to pay the unproductive employee, productive work must be taxed more (or charged more fees), and the productive workers are not rewarded as much has they might be for further productivity.

sportsfan,

Okay, next question. What makes you think you won't need coders and followup persons in UHC environment? They'll certainly not automatically approve any treatment, therefore there will always be some form of coding for standardized evaluation & authorization.

mmckinl continues to applaud the low administration costs of Medicare, yet he naively talks about all the things a single-payer system would be doing on top of what Medicare does without figuring in the additional administrative costs those would impose.

Wisdom Speaker, health care "as an entitlement" is an interesting concept. People without insurance in the U.S. theoretically have the right to be treated in an emergency room and stabilized before being released. How much do we as a nation spend on that?

Similarly, there is a certain (perhaps growing) segment of the population that receives its emergency health care through a system of government owned facilities, which dutifully bill the patients, but probably collect less than a dime on the dollar.

Meanwhile, the cash paying uninsured are billed enormous amounts because basically they are subsidizing the nonpaying uninsured, though some reductions will be granted for actual payment.

The aging population has already shown us that Medicare goes broke long before Social Security does.

It truly is the end of days. I find myself agreeing with Lucifer and disagreeing with CR.

CR's admiration of Krugman is the single largest source of web cognitive dissonance for me today.

Cheers,
prat

@Rob Dawg - it's a frequent observation that Nobel laureates (among other "leading experts") experience a form of intellectual scope creep... they start thinking they know more than they actually do about many areas outside their original expertise. You think the same is hitting Krugman now? It would be sad to see him turn into just another overconfident but underinformed and fundamentally wrong talking head / policy babbler / pundit.

Wisdom Speaker,

How do you define "unproductive employment"? If you talk about jobs that don't necessarily need to be done, well, that's a large percentage of the working population. If, OTOH, you talk about jobs that can be handled more efficiently via other means, well, that's half of the rest.

Oooh. Krugman's claiming we need a bigger stimulus?

I'm seeing a big check in my future. Oh yeah. Smile

Please forgive me.

I am a litttle drunk. Are we totally fucked or partially fucked? Good Luck to all.

TJ:
Good, That is what I thought. So, I must be a little sober, therefore I will follow your advice to drink more.

I think the greatest immediate benefit of UHC would be the limitation to one system. We now have several proprietary systems floating throughout the health care industry.

Personally, I was really jazzed with what Oregon did years ago when they had a referendum on what services would be provided at taxpayer cost.. I would like to see something like that done today on a national scale. Don't know whether it would be politically possible, but why shouldn't we have a right to vote on how taxpayer dollars are allocated for health care?

(I'm not intending to extend that discussion to banks or wars or tax policy in general.)

Wisdom Speaker

I think people like you believe in your own importance.. nothing a little pol-pot cannot fix

//Unproductive employment is in many ways worse than unemployment//

People without insurance in the U.S. theoretically have the right to be treated in an emergency room and stabilized before being released.

Not a right, per se. The government stipulates that any facility that accepts government money for healthcare must treat all comers in the emergency room, and since government is the 800-lb gorilla (medicare, medicaid, etc.) they get their way. Same way the government gets away with setting ridiculously low reimbursement rates; they've already take control over the lion's share of healthcare spending in this country, so they can get away with murder. [And people think Walmart is brutal.]

I've always been pissed off at the AG's suit against big tobacco because it was based upon states' healthcare costs in treating smokers. Well hell, there are no costs if you don't treat them. If they're going to force people to treat them then they can't blame anyone else for the costs. And no, I've never been a smoker.

. . . it's a frequent observation that Nobel laureates (among other "leading experts") experience a form of intellectual scope creep... they start thinking they know more than they actually do about many areas outside their original expertise.

Ah, an invitation to quote my favorite philosopher:

"The experience of Socrates - When one has become a master in some field, one has usually, for that very reason, remained a complete amateur in most other things; but one judges the other way around, as Socrates had already found out. This is what makes association with masters disagreeable>"
--Nietzsche Human, All Too Human (1878)

We now have several proprietary systems floating throughout the health care industry.

Yeah, think of what kind of cars we'd be driving today if GM was the only automaker -- no competition, domestic or foreign.

that krugman takes a moral stand on economic issues is a plus

whether you agree with him or not

too many academicians, esp economists spend their lives in the abstract world and never take a stand

i dont agree with everything krugman stands for, but at least he stakes out his positon

and isnt unwilling to disagree with dems, even the prez

Does he have any idea how much roast beef production contributes to global warming?

i dont agree with everything krugman stands for, but at least he stakes out his position

I feel the same way when CR states his opinion on some issue rather than playing it right down the middle.

Does he have any idea how much roast beef production contributes to global warming?

Shhhhhh!!!!! I love my Boar's Head (and so does my shepherd). Smile

@TJ - I was thinking in terms of the sportsfan's comment about the health care industry, where the incentive structure is so screwed up that people end up doing far more paperwork than would be necessary in a more efficiently-organized system.

There are undoubtedly some great ways to improve the system, which will probably not be implemented because of the entrenched powerful interests. Sigh.

Does he have any idea how much roast beef production contributes to global warming?

-true dat, RD. I'm happy to say I agree with you on this one, even though I enjoy a good piece of beef as much as the next guy.

There are undoubtedly some great ways to improve the system, which will probably not be implemented because of the entrenched powerful interests. Sigh.

Sounds like government, the very institution people seem to be looking towards to address these issues.

even eminem is doing the bear growl these days - the opening frame of his new vid states "in 1950, michigan was one of 8 us states to collectively produce 36% of world GNP". unusual caption for the beginning of a video, dontcha think?

OH TX CA NY MA IL and either IN or WA must be the other ones

I can't believe Rob Dawg would want to outlaw steaks. Talk about the heavy hand of government?!?

Think of it as global warming for a good cause. Not that brown rice is all that bad, but a steady diet of it?

Wouldn't Krugman say that steaks don't need to be outlawed, they just need to be included in the cap-and-trade system. Methane being more of a greenhouse gas than CO2, the caps will have to be tighter, right?

Rob Dawg wrote at 10:17 pm

Does he have any idea how much roast beef production contributes to global warming?

--

uh yes he does , (we do )

and right after we take your guns away we ultra liberals are coming for your roast beef, ice cream and your leather shoes

mock,

For heaven's sake, just don't take Broward's leather pants!

when are we going to be mercifully relieved of the presence of talking heads like krugman, anyhow? when does the collective pat-on-the-back they gave TPTB through the past decade earn them a ticket into laughingstock obscurity? why not yesterday?

Methane being more of a greenhouse gas than CO2, the caps will have to be tighter, right?

Sounds like a slippery slope leading to a higher tax on a good California Cabernet to go with that steak.

I rest my case..

Titles of a few of krugman's posts from last week


Economics and Politics - Paul Krugman Blog - NYTimes.com 

July 1, 2009, 8:51 PM
Carbon tariffs — the legal aspects

July 1, 2009, 8:43 PM
A bit more on Malthus

July 1, 2009, 10:48 AM
The Malthusian insult

June 29, 2009, 9:07 AM
Climate, trade, Obama

June 28, 2009, 2:54 PM
Scary picture

June 27, 2009, 10:13 AM
Temperature trends

sportsfan (profile) wrote on Thu, 7/2/2009 - 10:29 pm

I can't believe Rob Dawg would want to outlaw steaks. Talk about the heavy hand of government?!?
Think of it as global warming for a good cause. Not that brown rice is all that bad, but a steady diet of it?

I just want the appropriate level of guilt applied to the meat. Personally I'd feel no guilt but I would hope the likes of Krugman would turn that critical eye inward and hold himself to the standards he wishes to impose on all.

Wisdom Speaker

you are right and heres an example

my dad, age 79 had a problem with the antibiotics prescribed.. the meds were not knocking down the infection after 3 days and was told to call doctor if this happened

doc was not available on sunday and dad was in pain

doc's nurse said take dad to the local hospital

so i took him to the local hospital

turns out the rx prescribed was ineffective against the gram neg bacteria that had been cultured

RX was changed one hour later

this was determined by referring to his file and the rx prescribed, and phoning a change to the pharmacy

cost 6000 dollars for two hours in the "emergency room"

ya gotta love this country

medicine in our country is a protection racket kinda like what the mob does in the big city

"that krugman takes a moral stand on economic issues is a plus"

People seem to enjoy hearing like-minded people agreeing with them out loud. It's like going to a sports event between two teams and enjoying the crowd roaring approval of your side. Arguments between left and right are like tribal disputes: logic and facts are incidental, weapons wielded in the service of tribal loyalty and ideology.

this is weird, i was checking my email from this morning and the article below was in American Banker, you have to register, though the article is free if you register, well worth getting their two free articles daily if you are in to banking.

this article was from this morning. almost like they knew something. what is a shame is a lot of these banks appeared to get in trouble not through irresponsible lending, but by investing in securities they thought were conservative - Fannie and Freddie trust preferreds.

More victims of Paulson's meddling.

Why Illinois Is Becoming Midwest's Failure Hub - American Banker Article

Why Illinois Is Becoming Midwest's Failure Hub

American Banker | Thursday, July 2, 2009

By Robert Barba

With the Bank of Lincolnwood's demise last month, Illinois briefly tied Georgia for the dubious distinction of having the most bank failures this year.

Though Georgia has since regained the lead, Illinois banks are getting shut fast enough for the state to keep pace with others that had massive real estate meltdowns, such as California and Florida.

"It is a surprise in that Illinois isn't thought to have been a major part of the boom-bust cycle that has been the main driver so far behind most of the bank failures," said Matthew Anderson, a partner with the market research firm Foresight Analytics LLC. "The reason we've seen a lot of failures in Georgia and Florida is because they were the main areas for that boom and subsequent bust. You just don't think of Illinois in that same group."

As with the other states, Illinois can attribute some blame to the real estate downturn. But at least three banks there succumbed partly because of their investments.

With fewer lending opportunities in the slow-growing Midwest, some there bought heavily into mortgage-backed securities, which have had a slew of ratings downgrades lately, and the preferred shares of Fannie Mae and Freddie Mac, which became worthless after the government takeover of those entities in the fall.

Observers say more trouble lies ahead, as a growing number of banks in the state are getting caught in a vise, having to contend with deteriorating credit quality while also taking writedowns on the securities they own....

© 2009 American Banker and SourceMedia, Inc. All Rights Reserved.

Rob Dawg, I feel no guilt either, not for the cholesterol and especially not for the wine.

It was as soon as I realized that I would die some day that I really began to live.

(I'm not a Krugman fan so I must be a different kind of liberal.)

@Lucifer - It was your comment that got me interested in this thread. Thought I'd helped you make your point. Don't expect to agree with you on much, and I expect you to go after anything I say because of who you believe I am (though I think you're wrong there). I come here because I enjoy the repartee and the interplay of ideas, that's all.

@Sporstfan - you don't have to feel guilty about the cholesterol unless you expect your "insurance" (meaning the rest of us) to pay for your health care later on!!! /ducks

Have a great weekend all!

If the New York Times fails maybe CR can give him a weekly guest post.

Wisdom Speaker, ducking on the way out.? LOL. I don't plan on living long enough to qualify for Medicare.

But then I never planned on living this long. Enjoy the weekend.

"Arguments between left and right are like tribal disputes: logic and facts are incidental, weapons wielded in the service of tribal loyalty and ideology."


not true

the debate about global warming (anthropogenic climate change) is much like the debate which occurred on these pages three years ago about whether or not the country was headed for financial Armageddon

scientist i listen to, and indeed the vast majority of scientists indicate that the level of confidence that CO2 is affecting the earths climate is at a confidence level above 90%

if you want to wait to take action until the confidence level is at 100%

then

you risk meeting me in hell

They do not get grants if they disagree.. they have families to feed! Plus many scientists are delusional about their abilities.

//scientist i listen to, and indeed the vast majority of scientists indicate that the level of confidence that CO2 is affecting the earths climate is at a confidence level above 90%//

Since this comment thread started with the blues, I'll leave it with the blues.

B. B. King & Eric Clapton - The Thrill Is Gone

The Blues is an American contribution to the world of music. We're turning 233 on Saturday. Cause for celebration. Later.

Edit: it was bugging me that I said 223. Would have been impossible to sleep.

mock turtle,

"Affecting" lacks any measure of scale. I'd suggest that (a) if global warming exists and (b) that CO2 and/or water vapor are the cause, then, well, you might as well plan for hell. The principle sources of both are people and animals, and I don't see any plans in place to deal with cutting either population down.

Arguments between left and right are like tribal disputes: logic and facts are incidental, weapons wielded in the service of tribal loyalty and ideology.

  • and your vaunted neutrality? Is that really possible?

TJ

water vapor is immaterial

it rains water when the air is saturated

it never rains CO2

the water vapor argument is a smoke screen put up by the oil men and their minions to confuse the iussue

I'm confident the government will blow it.

I'm looking forward to our deflationary spiral. Savers will be vindicated, irresponsible credit-spenders will be starving.

It warms my heart.

Sea Ice At Lowest Level In 800 Years Near Greenland

ScienceDaily (July 2, 2009) — New research, which reconstructs the extent of ice in the sea between Greenland and Svalbard from the 13th century to the present indicates that there has never been so little sea ice as there is now. The research results from the Niels Bohr Institute, among others, are published in the scientific journal, Climate Dynamics.


is this proof...no it isnt

is this evidence...yep

Have you actually done any calculations about the contributions of various greenhouse gases (net contribution)? water vapor is by far the biggest contributor to global warming.. CO2 is not even close!

Ever heard about the carbon cycle?


water vapor is immaterial

  • "and your vaunted neutrality? Is that really possible?"

i never claimed to be neutral

i hold opinions i like to think are based on some degree of evidence and logic

am i human and subject to prejudice and rationalization...yep

but i try to lean against that tendency and im willing to argue the facts with those who disagree

btw if someone comes at you with the notion the earth is flat...are going to maintain neutrality???

What was their methodology? and why not use a 6000 year baseline.. why are they afraid of using such baselines?

//Sea Ice At Lowest Level In 800 Years Near Greenland//

Krugman like to blame the depression on too little stimulus, and a monetary policy that was too tight.

Can he cite a good example of a successful rescue of an economy, where:

(a) the economy is crashing as a result of a massive buildup of unsustainable debt
(b) there are massive misallocations of capital due to the debt bubble
(c) the economy exists in a nation whose goverenment already has a massive level of debt.

Has he no fear that his cure might simply destroy the government's finances in order to prevent pain today??

Also, please tell me how effective was Japan's mountain of stimulus in preventing the necessary debt deflation?

Lucifer

not so

you could back a galactic truck up to the earth and add 1000 cubic miles of additional water to the earth and that would not change the climate one iota

all you would accomplish is to raise the ocean level an inch or two

there is so much wter on planet earth that adding water does not change the curve of the paradigm

CO2 on the other hand exists in a range far below saturation and as such adding CO2 to the system moves the planet along a climatic curve of temperatures

sm_landlord (profile) wrote (in reply to...) on Thu, 7/2/2009 - 7:34 pm
reply ignore user
"- just think of the efficiencies that will create, in hiring and firing. "
And blackmail, and credit ratings, and insurability, ...etc.

Health insurance companies already share data. Once you are denied health insurance by one company as I was you will be denied by all others. Your denial of coverage is publicly available to all health companies. No need to worry about your health data being stolen, it's not yours right now.

mock, my question was directed to patientrenter. I know where you stand, and I stand with you.

Pete Seeger - Which Side Are You On?

I call that "delusion of knowledge".. you are assuming that we know everything about our climate.

At least the shysters at GS are less full of themselves than that..

//you could back a galactic truck up to the earth and add 1000 cubic miles of additional water to the earth and that would not change the climate one iota//

Short Courage

i have never heard kurgman argue that the cause of this recession is a lack of stimulus

i have heard krugman argue that this mess is the result of a financialc crisis

and that since the banks and shadow banks are pulling back and deleveraging andd the consumer is over extended the resulting collapse in aggregate demand has to be countered or the economy collapses

btw even though im less than a pawn compared to krugman i disagree with him on part of his prescription

i do support a stimulus program, but not one that is primarily aimed at boosting consumerism

Lucifer (profile) wrote on Thu, 7/2/2009 - 11:26 pm

I call that "delusion of knowledge".. you are assuming that we know everything about our climate.


i never said we know everything

we know quite a lot,

the problem with the debate is that both sides , are, in a sense, right

the climate changes we are witnessing are in part natural events and in part influenced by the burning of fossil fuels

and that is the real horrendous risk...we have an additive situation and we are probably seriously efffed

Krugman takes a stand. I respect that. At the very least he holds powerful interests accountable with his widely read soap box.

I agree with MT on health care and climate change. He seems to be tilting at windmills erected by Lucifer and TJ but he makes the effort. I respect that as well.

We are adversely changing our environment by our activity. The facts are widespread and widely accepted by scientists held accountable by peer review. Science is still driven by proven facts and scientific method. Add that to my respect list.

Health care is a right. The fat guy destroying his health and heading for an early grave is entitled to an expert medical opinion informing him of the fact his behavior will cut years off his life. All you heavy drinkers out there are also cutting years of your life but it is legal and feels good. So be it. We all make choices that lead us to where we are regardless of the path. I gave up thinking that the I could change anything but myself and everyday I know I could do better. One way I try to do better is respecting what I hold to be truths and give credence to those I think are fighting the good fight.

Compassion and understanding mixed with humility. Not a bad place to start.

Can we reproduce the measured climatic data for last 50 years with any of these models?

//we know quite a lot,//

Lucifer

compare the down sides

if the people who want to curb CO2 are wrong

the worst that happens is that we develop new technology at a cost , and that gives a return in energy independence as the USA imports nearly half of its petro chemicals from abroad


if the people who want to drill baby drill, and burn coal all day and drain thopse iraqi oil fields dry are wrong

then we continue to run trade deficits in excess of half trillion dollars per year and we cook the planet killing billions of people and submerging NYC and a major portion of the population centers around the world

Peer Review = Echo Chamber

Only valid science = Independently verifiable data

//The facts are widespread and widely accepted by scientists held accountable by peer review. Science is still driven by proven facts and scientific method.//

Well put, Externalized, but who is this Lucifer I keep hearing about?

Now tell me.. why were the policies of mao, pol-pot, stalin and that expat austrian with a funny mustache wrong? They had their reasons too..

PS- If you want energy independence why not spend some more money on newer coal plants and nuclear reactors?

//the worst that happens is that we develop new technology at a cost , and that gives a return in energy independence as the USA imports nearly half of its petro chemicals from abroad//

Lucifer (profile) wrote on Thu, 7/2/2009 - 11:38 pm

you asked,

"Can we reproduce the measured climatic data for last 50 years with any of these models?"

1.
Ice Core Data
Jan 23, 2009 ... GISP2 drill dome, Greenland. Photo by Mark Twickler. Ice Core from Quelccaya Ice Cap, Peru. ... Proxy climate indicators include oxygen isotopes, ... and search capabilities for Greenland Summit ice core data included in ...
Ice Core Data - Cached - Similar
2.
NOAA Paleoclimatology World Data Centers Greenland Ice Core Data
NOAA Paleoclimatology Ice Core Gateway Greenland Ice Core Data. ... and Information Service, National Climatic Data Center, U.S. Department of Commerce ...
NOAA Paleoclimatology World Data Centers Greenland Ice Core Data - Cached - Similar
More results from NCDC: * National Climatic Data Center (NCDC) * »
3.
Ice core - Wikipedia, the free encyclopedia
Ice cores contain an abundance of climate information. .... investigation of resulting and related effects of effects upon ice core data. ..... "Visual stratigraphy of the North Greenland Ice Core Project (NorthGRIP) ice core during the ...
en.wikipedia.org/wiki/Ice_core - Cached - Similar
4.
High-Resolution Greenland Ice Core Data Show Abrupt Climate Change ...
High-Resolution Greenland Ice Core Data Show Abrupt Climate Change Happens in Few Years. Jørgen Peder Steffensen,1* Katrine K. Andersen,1 Matthias Bigler,1 ...
High-Resolution Greenland Ice Core Data Show Abrupt Climate Change Happens in Few Years -- Steffensen et al. 321 (5889): 680 -- Science - Similar
by JP Steffensen - 2008 - Cited by 14 - Related articles - All 8 versions
5.
High-Resolution Greenland Ice Core Data Show Abrupt Climate Change ...
High-Resolution Greenland Ice Core Data Show Abrupt Climate Change Happens in Few Years. J. P. Steffensen 1*, K. K. Andersen 1, M. Bigler 2, H. B. Clausen 1 ...
High-Resolution Greenland Ice Core Data Show Abrupt Climate Change Happens in Few Years -- Steffensen et al., 10.1126/science.1157707 -- Science - Similar
by JP Steffensen - 2008 - Cited by 14 - Related articles - All 8 versions
More results from Science/AAAS | Scientific research, news and career information »
6.
Greenland Ice Core Analysis Shows Drastic Climate Change Near End ...
Jun 19, 2008 ... Information gleaned from a Greenland ice core by an international science team shows that two huge Northern Hemisphere temperature spikes ...
Greenland Ice Core Analysis Shows Drastic Climate Change Near End Of Last Ice Age - Cached - Similar
7.
Twin Ice Cores From Greenland Reveal History of Climate Change, More
Twin Ice Cores From Greenland Reveal History of Climate Change, More ... Greenlandic records indicate some unexplained "noise"—data that may be added by ...
Document Not Found - Cached - Similar
8.
Ice Core Reveals How Quickly Climate Can Change: Scientific American
Jun 23, 2008 ... ABRUPT CLIMATE CHANGE: Records preserved in a Greenland ice core reveal ... who was part of a team that analyzed annual data from ice tubes ...
Page not found--/article.cfm?...ice-core...climate : Scientific American - Cached - Similar
9.
Data - samples - software – Københavns Universitet
Centre for Ice and Climate > Data - samples - software .... Data from the Greenland Ice Core Project (GRIP) may be found on the Greenland Summit Ice Cores ...
Data - icesamples - software – Københavns Universitet - Cached - Similar
10.
Historic CH4 Records from Antarctic and Greenland Ice Cores ...
The two Greenland ice cores are from the Summit region (72°34' N, 37°37' W, ... Oceanic and Atmospheric Administration Climate Monitoring and Diagnostics Laboratory. .... Historical CH4 Records Since About 1000 A.D. From Ice Core Data. ...
cdiac.ornl.gov/trends/atm_meth/lawdome_meth.html - Cached - Similar
by DM Etheridge - Related articles

Searches related to: greenland ice cores climate dataantarctic ice cores oxygen isotopes

Human beings believing that they control the earth == a termite colony believing that they control the earth.

//we cook the planet killing billions of people and submerging NYC and a major portion of the population centers around the world//

Lucifer

i guess i'll be seeing you in hell

Smile

(just trying to be funny... did i succeed??

mock turtle,

READ those references you posted! Look at something called "scaling factors". Scaling factors = cheating!

Let's say your data does not agree with reality.. you use something called 'scaling factors' and 'one-time adjustments' to make your model fit the data.. these scaling factors and adjustments are not constant.. they change from paper to paper.. WHY?

Remember models of risk assessment and securitization?

Lucifer

i have not seen you make a scientific argument yet supporting your position

all you have done so far is throw out non sequitors

i thinkl you just want to make things as hot around here as you can

Wow, just came back from a picnic, and it seems all hell broke loose today.

CR, Enjoy the long weekend, you deserve it and thanks for putting so much information together in an easy to understand presentation.

mock turtle,

I am not interested in convincing you.. you like the cult.

Environmental concerns are just a manifestation of a subconscious realization for many whites that their world is over. It is just an attempt to be a spoilsport, a dog in the manger, to resurrect the past...

It is over! It is not going to be like 1850-1950 for you guys ever again.. at least not in the foreseeable future. sorry.. but that is the nature of evolution..

Plus many scientists are delusional about their abilities.
Yeah, why can't they be more like us?

Hubris is my favorite sin. Admitting that you were wrong requires one to be a bigger man than most of them are..

//Yeah, why can't they be more like us?//

Lucifer (profile) wrote on Thu, 7/2/2009 - 11:55 p

"mock turtle,

I am not interested in convincing you."

--.

yes of course you are not interested in convincing me... i know

but it is the others who you hope to drag to your lair of sheol and hades and tartaroo

and btw it is not over...it just begins again and again andd again world with out end amen

satan

get behind me

the earth is the garden of eden and it is sacrelige to despoil and foul it

and you accuse me not being scientific.. environmentalism is secular Christianity!

//the earth is the garden of eden and it is sacrelige to despoil and foul it//

you forget

the first human sinned by eating the fruit of the tree of knowledge

Christianity is the interface where science and the metaphysical are joined

so you have erred

environmentalism is neither secular nor Christianity

it is both...in unison

it is both good science and good religion to treat the planet with care

let us believe in a "model" that worked for 58 out of 60 centuries (but has zero predictive ability since it was created)..

Well, if you include the next four centuries, it's 62 out of 64 centuries.

And you know that.. because you are?

//Well, if you include the next four centuries, it's 62 out of 64 centuries.//

bingo! enviros = religious folk who are ashamed to be traditionally religious.

//the first human sinned by eating the fruit of the tree of knowledge//

Health care is a right.

What? News to me! Point out exactly what part of the Constitution or Bill of Rights that enumerates this so-called right.

Oh, and why would health care be a right and not food? Don't you get sick and die if you don't eat?

Lucifer - have you considered starting your own blog? You sometimes make interesting points (I don't like the incinerator talk, though).
And sometimes your postings are voluminous ... seems a good match for your own blog.

Don't worry about legalism.. because most people don't play fair in unfair systems, regardless of your sophisms.

//Point out exactly what part of the Constitution or Bill of Rights that enumerates this so-called right.//

And you know that.. because you are?
Pointing out that, by any measure, it's the last two centuries that are anomalies.

Yes, I have.. It is just that I have been busy with some of my own research work over the past few months.

//Lucifer - have you considered starting your own blog? //

If you look at life on earth.. the past 500 million years (complex multicellular life) are an anomaly. (500 million out of more than 3.5 billion years!)

No one could have expected the mammal like reptiles to die off at the tertiary boundary. (almost 20% of 500 million years of land based life.. just gone..)

No one could have expected land dinosaurs to die off at the cretaceous boundary. (almost 200 million years or 40% of the period of land based multicellular life gone!)

No one could have expected humans to form cities. (less than 10k years out of 100 k).. large cities less than 2k out of 100k

No one could have expected the renaissance or the industrial revolution.

Uranium was a waste byproduct of lead and then radium mining till 1939.. in 1945 it decided a world war.

Almost everything substantial that has ever occurred on this earth (and likely the universe) is an anomaly.

//it's the last two centuries that are anomalies.//

Lucifer - you seem to have interesting information on the efficacy of various medical treatments and, uh, systems, for lack of a better term.
If you were to collect them into a blog of yours, I think they would make interesting reading.

That is what I am thinking about.. let's see. But I am sure to attract "true defenders of the faith".

//If you were to collect them into a blog of yours, I think they would make interesting reading.//

Krugman doesn't get it ...

We don't need a stimulus per se ... We need a fundamental and radical restructuring of both the economy and the government ...

Jobs are not coming back and the US can not afford make jobs for ten million people any more than it can afford 20% unemployment going forward. The work week has to be shortened to less than 30 hours, and why not ? The work force is twice as efficient as it was 40 years ago yet we now have two income families working twice as many hours and still falling behind.

Jobs have to be top priority therefore we need to shift focus to the government supplying single payer health care, pensions and other benefits to make jobs as efficient as possible for employers.

This means an absolutely new tax system that taxes high income and the wealthy to support worker benefits. A return to the pre Reagan Tax rates while eliminating nearly all deductions.

Other taxes are needed as well. A phased in carbon tax, a Tobin or Financial Transaction tax, taxes on carbonation, salt, sugar, artificial sweeteners and trans fats ... These taxes help our environment, the stability of our financial system and improve our health while raising revenue to underwrite the American public ...

Krugman had better put the politics aside and take a good look at what we really need .... the transformation to an economy that underwrites people and jobs and taxes the excesses of compensation, wealth, casino capitalism and a food supply that is making our people sick and driving health care costs through the roof.

But I am sure to attract "true defenders of the faith".
Perhaps that would be a good thing. It could give the blog more traction.
I would suggest not worrying about it too much - you could write your own post, and if 99 people respond "I disagree," well, so what?
The blog would probably be lively.
If you don't want to deal with the "true defenders", you could shuttle them off to a rebuttal section.
Or you could blog without a comment section.

"Irresponsible debtors" is an interesting phrase and deflection of responsibility because it is irresponsible savers who make imprudent loans possible .

Savers created the Crash but nobody ever talks about punishing them for their mistakes.

Way OT:
The Marines are on the move in Afghanistan, and POTUS had this to say:
. Obama told the AP he wants to help ensure that Afghans "are benefiting from development and improved agricultural systems and education systems and health care systems."
Good choice, POTUS. The Marines are the perfect group to develop agriculture, education, and healthcare.

And the deeper the hole gets, the harder it will be to dig ourselves out.

Krugman is no more careful about economic cliches.

Yes! Smile

//We need a fundamental and radical restructuring of both the economy and the government//

Yes, that is quite true. In any case, they would be entertaining. My biggest constraint has always been time.. but that will change in a couple of weeks, after which things will be much less stressful.

//Perhaps that would be a good thing. It could give the blog more traction//

We could unleash our legislators and lobbyists on them..

//The Marines are the perfect group to develop agriculture, education, and healthcare.//

Don't you worry about that Evil

//Savers created the Crash but nobody ever talks about punishing them for their mistakes.//

broward,

Have you tried 'doom resurrection' on the iphone? It is incredible.. ok.. it is a rail shooter (but that was done to make it playable).

when i saw the first youtube video's i thought they were fakes, but it is real. It looks like the xbox version on a later era flat CRT TV (2005)

Wanted: Fake Employees
Wanted: Fake Employees - CNBC

Published: Thursday, 2 Jul 2009

As the layoffs keep piling up — another 467,000 jobs were lost in June — it may be a while before a lot of people get back to full-time work. For many professionals, there’s a stigma around doing odd jobs like mowing the lawn or cleaning houses: What if someone saw me? I would be mortified!

...The site has opportunities for everyone, from actors to investment bankers. In fact, Redleaf started the site after helping five i-banker friends get jobs after they were laid off. Sure, it has your typical odd jobs, but also some listings you might not expect: Arm Candy for a Celebrity. A celebrity once posted a listing looking for an attractive young lady to be his arm candy for Fashion Week. Pay: $50 for the afternoon. Fake Employee. An ad agency laid off a bunch of its employees, but wanted to keep up appearances when a big client came to the office. So, they posted a listing for “fake employees” to just sit at the desks and look busy. Pay: $15 an hour.

Meanwhile in Imperial Czarist America...

Here is a list of Obama’s current and prospective Czar positions:

  1. Technology Czar: Aneesh Chopra.
  2. Drug Czar: Gil Kerlikowske
  3. Copyright Czar: Not appointed yet.
  4. Energy Czar: Carol M. Browner
  5. Car Czar: Ed Montgomery.
  6. Terrorism/WMD Czar: Gary Samore.
  7. Health Care Czar: Nancy-Ann DeParle. [7].
  8. Education Czar: Not appointed yet. [16].
  9. Economic Czar: Paul Volcker. [17].
    1. Mortgage Czar: Not appointed yet. [1].
  10. Urban Affairs/Housing Czar: Adolfo Carrion. [10].
    1. Guantanomo closure Czar: Danny Fried. [17].
    2. Great lakes Czar: Cameron Davis. [11].
    3. Stimulus accountability Czar: Earl Devaney. [17].
    4. Cyberspace Czar: Not appointed yet. [16].
    5. Border Czar: Alan Bersin (Former US attorney). [6].
    6. Intelligence Czar: Admiral Dennis Blair. [8].
  11. Regulatory Czar: Cass Sunstein. [2].
    1. Pay Czar: Kenneth Feinberg [3].
    2. Iran Czar: Not appointed yet. [16].
  12. Tarp Czar: Herb Allison. [17].
  13. Middle-East peace Czar: George Mitchell. [17].
  14. Science Czar: John Holdren. [17].
  15. Green jobs Czar: Van Jones. [17].
  16. Afghanistan Czar: Richard Holbrooke. [17].
  17. Sudan Czar: J. Scott Gration. [17].
  18. Mideast policy Czar: Dennis Ross. [17].
  19. Information Czar: Vivek Kundra. [17].
  20. AIDS Czar: Jeffrey Crowley. [17].
  21. Faith-based Czar: Joshua Dubois. [17].
  22. Climate Czar: Todd Stern. [17].

Obama’s Czars “R” US!

"we’re about 8 ½ million jobs in the hole. And the deeper the hole gets, the harder it will be to dig ourselves out."

Krugman, look what I have for you in my sack:

James Candy Company manufacturers of salt water taffy and other boardwalk candy-James' 1 lb Box Chocolate Sealed Taffy

I want to pet him and give him taffy again.

Taffy! For all my friends!

sportsfan,
(edit) I met Tom Waits a few times back in the early 90s, when he was working on The Black Rider by way of a friend who is a well known musician, as far as I can remember he was smoking back then and drinking whiskey. John and Tom had a fishing show on cable for
awhile. for the record...

just read the above screed on climate change, it was interesting to say the least...
not sure where I stand, but from what I've read I'm skeptical of certain claims
...
Lucifer makes the claim that termites can't control the world, but over here, ants sure seem to
be accomplishing it (depends on what you deem the world... )

"praetorian
CR's admiration of Krugman is the single largest source of web cognitive dissonance for me today."

And of Bernanke.
The dissonance could be resolved by supposing that CR has also "had the roast beef". Impossible?

The fact is that Malthus was right about the whole of human history up until his own era.

This is not a fact at all. Malthus didn't understand that creativity and innovation were, for the whole of human history up to his own era, limited by the variables of human liberty and freedom as much as any thing physical in the environment. Malthus and contemporary ludites fail to grasp that humans are born with a brain as well as a mouth and that most are capable of producing far more than they consume. As we begin to adopt the old ways of tribalism and central planning we will again revert to historical poverty levels and find physical limits all around.

Lucifer
"Now tell me.. why were the policies of mao, pol-pot, stalin and that expat austrian with a funny mustache wrong? They had their reasons too.."
...
that's a nonsensical question.... first, you have to look at this policies within a time-line, Mao and Stalin had long careers, so to speak and policies
varied according to circumstances, they in effect had early-middle-late periods which can be delineated and need to be spoken about separately...
why did you not include Lenin? his NEP was a very radical departure for him... as for Pol Pot I think you need to look at his assumption of power, implementing
a theory that had little in the way of a structured plan and then the mods that came out of necessity (striking women in the communes) in the last 16 months of power..

Malthus could have never envisioned California's Central Valley growing a veritable bounty of vegetables and fruit, and if the drought goes another year or 2, we might not either.

25 million Californians that live hundreds of miles away from their source of water are next on the chopping block, but they get a pass for now, as the fruits & veggies don't vote.

Malthus may well end up with a record of 59 out of 61.

We've got 90 years to find out...

Morning all - looks like equities were roundly skrood over the week. Genius comments from Axa analyst per Bloomie, says "people realize the economy isn't as bright as expected". Wow.

Stocks in Europe, Asia Drop as MSCI Index Slumps for Third Week - Bloomberg.com

C

Does anybody find it very odd, the various retailers that offer you compensation should you lose your job, if only you'd buy their product?

Whomever posted the drivel about what we need is higher taxes, more higher taxes, and single payer to help the employer, and the government being the catalyst for this to happen.

Government has not created a single job. Not once, not ever. Government exists for its own purpose and that purpose runs counter to liberty and the pursuit of happiness.

Some of you will get what you want. I pity you poor ignorant people. Enjoy.

Some others will also get to erase the remnants of whatever oldest generation remains. Eugenics, euthanasia, eu, youth, you. I pity you poor ignorant people.

As I have pointed out to the 'leaders' of other companies who paid for my advice, the policy of more better faster for less money is destined to fail. The policy of chopping off the bottom twenty and replacing them with 'new blood' will one day lead to your office.

One day, and that day will only come if you are so fortunate to live to a remnant of the oldest generation, you will taste the last of your wine as you walk bravely up your personal thirteen steps.

I'm putting my money on you screaming like a scared little rabbit as you are 'assisted' to your gallows.

Really.. then why do Europeans live longer than people in the US

Becuase they don't count infant deaths in the longevity statistics.

the real trouble with health care IMO is that it's a social issue, not an individual one.

One good pandemic ought to make that clear.

No. Communicable disease is a social issue, heart disease is an individual one.

The problem with health care is people trying to socialize the risks. Just like the screwed up banking system.

Does he have any idea how much roast beef production contributes to global warming?

Does he have any idea on how much newspaper production contributes to global warming?

Save the planet - ignore Krugman.

"Rosbeef" is a descriptive term used by the French to describe Englishmen, who of course call the French, Frogs.

Why Illinois Is Becoming Midwest's Failure Hub

Becuase Illinois has more banks than any other state.

Charles Kiting...
"No. Communicable disease is a social issue, heart disease is an individual one."
that depends on the diasease... did a very interesting project for DOH in NYC on
tracking Communicables (N set => 96)... TB not a social issue (unless you think giving out Mickey D coupons as bribes
so that 'client's would take their Meds), as for AIDS you better believe it...[that data was ring fenced off like a Super Max]

we make fun of the Catholic Church for once debating how many angels could dance
on the head of a pin... I'm with Gibbon on this, we swim in an ocean of facts, the hard part is finding that thread
to connect those facts...

OT / the other day I was out at the range seeing to it that my Team LB was given proper firearms training,
this was done in the morning before genocide court (shot some nice footage of Comrade Duch of S21 crying) ...
one of the two - Srey Dau - seems to be promising! (wonder if this is how Charlie started with the Angels?...
condolences to Farrah!)
curious?
YouTube - Khmer Rouged Up She's Gonna Pop a .30 Caliber Machine Cap in ya' ASS!

"Does anybody find it very odd, the various retailers that offer you compensation should you lose your job, if only you'd buy their product? "

JD, in and of itself, that anecdote alone is evidence of how far we are from normalcy/recovery. I could have never envisioned all these car manufacturers with marketing campaigns focused on assuring people that they'll take the vehicle back, with no hit to your credit, if you lose your job. Ought to scare the hell out of people.

there's something not quite right with a system that has 20+ on line and 260 lurkers?
I'm not up on my lingo... is that what you call them?

CCB, yes, that is what you call them.

Suggested new marketing:

If you order a Big Mac meal and get a text that your job is no more while awaiting delivery, it's on the house

JD,

We just finished a seven year drought. Not an unusual cycle.. Knowledgeable farmers should fair a drought with Gov support. All the others relying on the business will suffer.

California has had many lengthy droughts over thousands of years, but it never had 40+ million people using about 150 gallons a day, per person.

thanks Comrade K,
pity we don't have some powerful algorithm like what Woody Allen once said about his mom, that she
had a de-flavorizer machine that would turn tasty food into the inedible... (or was that Oscar Wilde on the
English gentleman?)
our infernal machine could keep all the tasty bits for us and leave all the dreck for the lurkers

Cali has not again been responsible as they have taken more of the Colorado river water then allocated for many years. Now Co NE AR have grown and there is not enough to go around. The problem even spreads into WY, NE, KS As the Ogalalla aquafier has dropped from pumping due to excessive use of surface water. Water liquid gold of life.

As for the original Krugman story, I had a hard time paying attention after this bit of his ideological rant...
"And faced with a sharp drop in revenue, most states are preparing savage budget cuts, many of them at the expense of the most vulnerable.

What's been "savage" is in the increase in state government spending through the last 15 years.

And then he follows up with how many of those impacted will be the "most vulnerable". I'll admit that there are a lot of poor and disabled people who are unfortunately going to see their lives negatively impacted by the cuts in spending, but the way most states are looking to make significant cuts in spending is thru cutting K-12 and state college/university spending and cutting back on state employee pay and benefits. Those are typically some of the largest line items in the state budget and even small percentage cuts add up to big numbers. So it's the education unions and faculty members who stand the most to lose. And I wouldn't characterize too many of them as the "most vulnerable". (and my wife is a teacher, so save the vitriol - the issues are more in K-12 administration than with the teachers, but there is a lot of waste in K-12 education in this country)

As others here have said, I agree somewhat with his diagnosis, but the prescription is close to 180 degrees from what we need. And he can call me a little Hoover if that's the highest level he can debate the merits of his plan at.

Juvvie D...
"California has had many lengthy droughts over thousands of years, but it never had 40+ million people using about 150 gallons a day, per person."
funny you say that... a few years ago the 2 springs on my tree farm in mid TN
went dry... most wells went dry (luckily, mine was 400 feet down) and people were drawing water
from the creeks...
....
in living memory nobody could remember this ever happening...
....

Getting back to the subject of unemployment etc. - in my neck of the woods County workers have agreed to take a 5% pay cut in order to avoid layoffs. I believe this will start happening in most local governments and spread to the private sector sooner than later. This doesn't seem very inflationary to me and will definitely not help PCE growth.

LBD,

San Diego and the Imperial Valley are the main users of the Colorado River water in California.

If I owned a home in SD, i'd sell it for whatever the market would bear, as SD has no ground water sources of any size.

A couple of things have happened to the Colorado in the past few years...

Quagga mussels showed up 2 years ago, probably from a boat that had been in the Great Lakes (where the mussels have eradicated 95% of the fish and gummed up the water works) and they really like the southwest, as they've breeding like underwater rabbits @ 3x the rate back east. Hydro capabilities @ Hoover Dam are in serious problems, and the Quagga has showed up in many San Diego reservoirs.

Take a trip to Hoover Dam, and look behind it, and take a glimpse @ the 100 feet of white wall, where water used to be.

Malthus was a Luddite? WTF?

Government and teachers in my part of the country have enjoyed annual 4-5% wage plus benefit increases for several years during the good times. On the other hand SS folks have been given CPI raises of 1-2% that were revised down ward in the 1990's. I really don feel to bad for these union backed employees. They to this point have suffered little.

generally, I agree with Krugman most of the time, he's only human... what's his column, 900 words at best?
so it's a gloss. honestly, unless you're Dowd who's playing for laughs I'm sure this isn't an easy column to
write...
...
just watched the Duke of CD's video from above, I think the scarf around the neck is a dead give away...
what was that Aerosmith song? Dude Looks Like a Lady?

As a long time reader, Lucifer needs his own blog.

He is nearing Jas (BBAD) levels of annoying. I just registered for hoocoodanode and love the ignore user button. bye-buh...

Mock Turtle valiant effort but you are actually feeding the "teach the controversy" meme. There was nothing subtantiative or linked from Jas II.

Without Tanta here to patrol the comments (I don't blame CR for not wanting the duty) the free market idealogues have the run of the comments and have cheapened & coarsened the dialogue.

Gliberterians the lot of them.

Prohibit cotton growing, drought solved. Water in the West is about political clout not limited resources.

Thank God for the Pig™.

JD, Been to Hoover dam many times and it has been running low for a very long time. I sold my lake house here well into the drought and the reservoir was for a few years down to 25% of capacity. I probably took a 30% bath on top dollar but bought it right and still profited.

They battle Zebra Mussels here, not sure if they are the same kind as the Quagga mussels.

So many people and a limited amount of water. Water wars will be back if not addressed soon.

there's something not quite right with a system that has 20+ on line and 260 lurkers?
I'm not up on my lingo... is that what you call them?

The lurkers are real, its just their UE insurance has expired so they no longer count as valid contributors.

YouTube - UB40 One In Ten 1981 

UB40 contribution to the current situation.

Man. The person who said water vapor is irrelevant obviously lives in a dry climate. Go to Houston and make that claim. Water has a specific heat of around 1.2 and a thermal conductivity far less than that of CO2. It's water vapor in the atmosphere that moderates the temperature on earth (through the "greenhouse effect") to make this rock inhabitable. Water is not irrelevant!

CO2 on the other hand has a specific heat less than that of air and a thermal conductivity higher than that of air. Putting aside the fact that CO2 is a trace element in the atmosphere (forget the pct, but it's low), more CO2 should yield a system with higher daily high temps and lower overnight lows. To that argument, the warming disciple responds that warmer temps will mean more atmospheric water vapor, thus higher sustained temps. The critical thinker responds that more water vapor will mean more columinimbus cloud formation and better convective cooling, more rain and greater evaporative cooling.

Mock, The total amount of C on the planet is constant. We aren't increasing C. A meteor could, maybe, but we aren't. We are talking about moving C from within the crust to the atmosphere. C in the atmosphere is efficiently converted into more plant life. The net effect of global warming could mean just more plants.

The only substantive way for C to increase atmospheric temps I'd by altering the way the heat is absorbed into the atmomosphere from light. Fortunately, there is a limit to how much more light can heat the air as a result of C.

Chances are we are safe. Raise your taxes if you want to, but don't call it saving the planet.

Ah, yes, Global Warming. Some general points:

  • Human activities contribute about 5% additional CO2 released into the atmosphere beyond natural processes.
  • Mars has warmed approximately the same amount as Earth in the last 30 years.
  • Goldman Sach's stands to profit immensely from a cap-and-trade based market place.
  • As always, one must be careful to distinguish between association and causation.

It is undeniable that the earth has warmed over the last 30 years. No one denies that. That it is anthropogenic is extremely uncertain and debatable.

And as a sociological aside, religion is a basic human impulse that will often find outlet and expression when denied in its more traditional form. This is why religionless people often develop a deep (I might inflammatorily say preposterous) faith in a Great Leader (Lenin, Mao, etc.) or The Government. Application to this discussion is left as an exercise to the reader.

Cheers,
prat

Captain Spalding - izzat you?

This is why religionless people often develop a deep (I might inflammatorily say preposterous) faith in a Great Leader (Lenin, Mao, etc.) or The Government

That seems like a hasty generalization. One might just as easily, and implausibly, claim that religious people develop a deep faith in a Great Leader because they are conditioned to worship authority and, hence, be subservient.

Gene Healy's The Cult of the Presidency is an interesting book that has some application to this point.

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