The jobs numbers came out this morning. Everything is on the uptick. The upturn in the economy continues unabated. This in spite of the naysayers who of course claim that things would be even better if we would do things their way (the business way). They offer no proof of this, but they assure you that if you would just lower corporate taxes to zero and remove all regulations, boards of directors across the country would be voting to “hire as many as will fit in the building” and things will be rosy in no time.
This engenders the usual arguments between Keynesians and Hayekians. If you are not so sure you know who these men are, or what they stand for, well, I have a good place to start.
I am not sure when this came out on PBS, but it is based on the book of the same name written by Daniel Yergin and Joseph Stanislaw. That came out in around 2003 I believe.
It is not for the faint of heart. It’s a six-hour committment. But on the upside, it’s well done and satisfies all the usual desires of one watching a documentary. You can get the DVD or you can watch the entire thing online, and I’ll provide the links at the bottom.
Let me caution you that I don’t at all agree with much of what they say, or at least the inferences they, I think deliberately, urge you to draw. They have a very definite point of view and they avoid a few facts that might cut against their opinion. (Pay especial attention to who is promoting the show at the beginning). That said, it provides a pretty good explanation of what Hayek believed and what Keynes believed. It provides a good foundation to understanding the basics that you will need should you choose to really try to get a handle on what the Krugman’s of the world believe is best for the economy versus the now deceased Milton Friedman.
We’ve only watched the first part, so I’m leaving off any further comments lest I influence your viewing. I’ll post a piece on my views in a couple of weeks or so. So if you are interested, put your feet up and grab a beer or cuppa joe and begin watching. It is entertaining and informative, just not accurate in all respects in my view. Links at the bottom of the page.
Republicans continue to waste taxpayer money on crap that has nothing to do with economic recovery. Over the Governor’s veto, Arkansas just passed a law making it illegal to abort a fetus after twelve weeks. That’s of course unconstitutional on its face and seems destined to offer the SCOTUS an opportunity to either overturn Roe or restrict it. Idaho’s twenty week law was just struck down by a federal district court.
Meanwhile, in Mississippi, another bastion of free thought, the senate has just passed a bill that would allow school prayer again, most especially before classes start (during morning announcements) and before athletic events. Students would also be allowed to freely discuss religious faith issues during class time. This is also unconstitutional on its face.
What is ironic here, is that the very people who support this crap are the same folks who are hellbent to tell you that Democrats and the present administration have no faith let allow adherence to the Constitution and are violating it every day. Of course, they are not. They are just redressing their grievances that the damn document doesn’t say what they want, and making sure that it’s altered to accomplish that.
It all depends, is their answer to “do you believe we should follow the Constitution as interpreted by the Supreme Court?”
The water pressure dropped severely yesterday in Washington D.C. as John McCain and Lindsey Graham both spend a long time washing off the icky after finding themselves supporting the black guy in the White House against the strange man from Kentucky, Ru Paul, I mean Randy Paul on the drones issue. Two finer hawks were never born than McCain the man who continually drove planes into the ground, and the Lindsey, a man who one can’t begin to imagine in a uniform except as part of a sexual liaison in the bedroom.
The best response to anyone who tries to tell you that homosexuality is a “choice” is to ask them what was the date when they “chose” to be heterosexual. What them sputter and try to get out of that dilemma.
I think Romney’s the right choice for speechifying at CPAC. After watching his interview with Wallace the other night, it appears he’s still living in the delusions that caused his defeat. That should be right up the alley of the teabibbers doncha think?
This just tickled me. John McCain was quoted as saying this:
“It’s always the wacko birds on right and left that get the media megaphone.”
I mean I hear the Oxford Dictionary calling to get that photo of John to place next to the word: IRONY.
From Don of Massachusetts:
Our life is shaped by our mind; we become what we think. Suffering follows an evil thought as the wheels of a cart follow the oxen that draws it. Our life is shaped by our mind; we become what we think. Joy follows a pure thought like a shadow that never leaves.
– The Buddha
This seems a good place to say, HAVE A GOOD DAY!
- IT’S WAR: John McCain And Lindsey Graham Are Tearing Into Rand Paul Right Now On The Senate Floor (businessinsider.com)
- Conservatives Are Now Flipping Out At John McCain And Lindsay Graham (businessinsider.com)
- RINO Senators McCain, Graham Charge At Paul (personalliberty.com)
- Would Hayek Have Approved Obamacare? – Reason.com (politicalcrazyness.tumblr.com)