Friday, February 20, 2009

Naw, naw. Whatchu gotta do is t' free up more capital.

Thanks to all (one of you) who voted in last week's poll. I shall indeed write this post "about" the economy.

I've been reading some newspapers and blogs and whatnot, and it seems to me everyone is looking to report on the silver lining that surrounds this massive cumulonimbus mess we've got hovering over us. I've seen reports about how cobblers are having increased business as more people look to mend their shoes. Saw something today about how there are less divorces during hard economic times (though I don't know if the marriages preserved solely by depressions are walks in the park). And I'm sure we're just months away from the "hobo-chic" trend sweeping the runways in Milan.

But despite all these sunny goodtime scenarios, I'd like to nominate another candidate as one of the worst spinoffs of the current downturn -- people trying to talk economics. People who shouldn't. People who aren't, by any stretch of the admittedly already-loose definition, economists.

I'm a real big hater on cable news generally these days, but man -- unleash these blabberlips on the subject of fiscal stimulus or capital markets or protectionism or anything this side of missing 3-year-olds and they instantly make clear that they don't know what they're talking about -- even to me, who also doesn't know what they're talking about.

In my line of work, I find myself privy to the musings of a pretty broad cross section of the public. These people are not idiots. When we tackle the usual small-talk niceties, they just nail it. I mean, when it's a cold day out, by God, they aren't going to tell you it's hot. Y'know? When the Ravens looked overmatched against the Steelers the next weekend, they weren't coming in crowing about Baltimore on Friday -- and they showed reserve enough not to tell me "told you so" on Monday.

But, dude, people I run into at work and in my own life are letting some under-their-breath things slip about what they don't like about the stimulus bill or about TARP or about the plan to bail out homeowners. If their complaints were only that the plans were too obtuse, that would be one thing. But people have watched just enough cable news to think they know something. By and large, I think most people in the country are just letting the educated guys and gals we asked for (or didn't) give things their best shot. Some are hoping for success and some are hoping for a perception of failure that lasts at least long enough for their political advantage. This is all well and good. I just cannot take much more of the vocal minority of people who loudly express their barely-informed opinions on matters which learned economists themselves struggle to grasp the complexities of.

Nevertheless I reserve the right to vet my ill-considered remedies for our malaise whenever I see fit. Perhaps I will next discuss nationalizing the banks. It's my blog. Suck it.

Tuesday, February 10, 2009

If it's Tuesday...

...it must be singing cartoon horses. I'm about a minute and a half in, and I'm not tired of it yet.

Friday, February 6, 2009

Scape goats...er, fish

When I was much younger, I had a couple of goldfish. I know that I told my family, and I believe that I told myself that these fish preferred whatever the "soft rock" station out of Atlanta was at the time. I also made it clear that I didn't particularly care for the music, but I would occasionally switch over to the soft rock station for a while, in deference to my fishes'...um....wishes. I think I knew at the time that this was all a fraud -- that I just kind of wanted the soft rock now and then, but it sure helped to have the fish around to explain this away.

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