Friday, January 05, 2018

Taibbi on Trump and Michael Wolff

"He was like an instinctive, pampered, and hugely successful actor. Everybody was either a lackey who did his bidding or a high-ranking film functionary trying to coax out his performance — without making him angry or petulant." 
Wolff writes Team Trump was really hoping to "almost win" the presidency as part of a PR-driven business move, only to be horrified by the reality of securing a hugely demanding government job: 
"Once he lost, Trump would be both insanely famous and a martyr to Crooked Hillary... Melania Trump, who had been assured by her husband that he wouldn't become president, could return to inconspicuously lunching. Losing would work out for everybody. Losing was winning.

"On Election Night, when the unexpected trend — Trump might actually win — seemed confirmed, Don Jr. told a friend that his father, or DJT, as he calls him, looked as if he had seen a ghost. Melania was in tears — and not of joy."

the myth of "populism"

The Myth of “Populism” by Anton Jäger



Sunday, December 31, 2017

Monday, December 25, 2017

Sunday, December 24, 2017

come a little a bit closer you're my kind of man so big and so strong


So I started walking her way
She belonged to bad man Jose
And I knew, yes I knew I should leave
When I heard her say, yeah
Come a little bit closer
You're my kind of man
So big and so strong
Come a little bit closer
I'm all alone and the night is so long

Monday, December 18, 2017

what? Kevin Drum on how racist America is.

Return of the Empire?

Donald Trump’s Victory Probably Wasn’t Uniquely Driven by Racial Resentment by Kevin Drum

Now as America experiences a blue wave, America is exceptional and not as racist as people say. Oh but it is pretty still racist.


Thursday, December 14, 2017

Saturday, December 02, 2017

krugman on economic anxiety

The longer high unemployment drags on, the greater the odds that crazy people will win big in the midterm elections — dooming us to economic policy failure on a truly grand scale.
Interest rates: the phantom menace

Tuesday, November 28, 2017

Thursday, November 23, 2017

loanable funds theory

WHAT IS THE LOANABLE FUNDS THEORY?

According to Keynes: " It is the interaction of supply and demand in the bond market – not the ‘loanable funds’ market – which determines the rate of interest."