"It is easy to confuse what is with what ought to be, especially when what is has worked out in your favor."
- Tyrion Lannister

"Lannister. Baratheon. Stark. Tyrell. They're all just spokes on a wheel. This one's on top, then that's ones on top and on and on it spins, crushing those on the ground. I'm not going to stop the wheel. I'm going to break the wheel."

- Daenerys Targaryen

"The Lord of Light wants his enemies burned. The Drowned God wants them drowned. Why are all the gods such vicious cunts? Where's the God of Tits and Wine?"

- Tyrion Lannister

"The common people pray for rain, healthy children, and a summer that never ends. It is no matter to them if the high lords play their game of thrones, so long as they are left in peace. They never are."

- Jorah Mormont

"These bad people are what I'm good at. Out talking them. Out thinking them."

- Tyrion Lannister

"What happened? I think fundamentals were trumped by mechanics and, to a lesser extent, by demographics."

- Michael Barone

"If you want to know what God thinks of money, just look at the people he gave it to."
- Dorothy Parker

Friday, March 13, 2015

Don Kervack calls the bubble

Mark the date. 
Democrats have saddled themselves with a postmodern financial fluff economy dedicated to the continued erection of nothing on top of nothing. They are afraid the new stock and housing bubbles are going to go pffft before 2016, especially with the pin pricks coming from Europe, and they want to keep puffing it up as long as possible.

King's Landing riot

How inequality hurts a society.

Wednesday, March 11, 2015

Currency wars

Currencies Gyrate, but There’s No War by Greg Ip

Spain and the IMF

Weisbrot on Podemos and Spain:
The International Monetary Fund (IMF) projects unemployment to still be at 18.5 percent in 2019. This is assuming that things go according to plan, and ignoring that IMF projections have tended to be over-optimistic in the past few years. But the most outrageous part of this forecast is that the IMF is also projecting that the Spanish economy in 2019 will be very close to full employment. In other words, the Fund – and by extension the European authorities— are saying that something like 18 percent unemployment is basically full employment for Spain.

Tuesday, March 10, 2015

Piketty on European crisis

Thomas Piketty on the Euro Zone: 'We Have Created a Monster'

infrastructure spending

Spending on Our Crumbling Infrastructure by David Wessell

Timothy Hutton

Timothy Hutton, from Ordinary People andTaps to a Cars video
We had such a good time on Leverage, I think we all could’ve done many more seasons. But, you know, five seasons was a really great run, and I think we did… 76 episodes? Something like that. But those five years flew by. We had a great time, we filmed four out of the five years in Portland, Oregon, and for half the year during those five years, we all lived in Portland, had apartments there, and really became a kind of family together.

Monday, March 09, 2015