Comments on: “You don’t get that choice”

By: Bentnotesmanhisself

Bentnotesmanhisself — Sun, 02 Dec 2007 18:06:50 +0000

Dings, I just saw your response to No. 1 in “Awaiting moderation.” You’ll see it posted above.
Yeah, you may want to look at the feelie-emoter thing. It makes it hard to follow your logic. It doesn’t translate to well into policy postions or broad and consistent economic philosophy.

By: Mr. Dings

Mr. Dings — Fri, 30 Nov 2007 17:50:00 +0000

Just out, 2 hours, 7 minutes ago. Some folks think this is (yet another) crisis? Freedom haters? Who’s threatened it now? Who knew. What is the sound of one invisible hand spanking? http://news.yahoo.com/s/nm/20071130/ts_nm/usa_subprime_bush_dc_1

“Economists have become increasingly concerned about the impact of the mortgage crisis, centered on subprime loans extended to riskier borrowers, on the broader U.S. economy.”

By: Mr. Dings

Mr. Dings — Fri, 30 Nov 2007 16:16:50 +0000

8a. Day 1:”No sir, with the divorce, child support, the car payment, you just don’t qualify for a loan.”
Day 2: “Hi, hey, I just found a way we can get you into a house. When can we meet to go over the paperwork.”

By: Mr. Dings

Mr. Dings — Fri, 30 Nov 2007 15:55:33 +0000

&) These sub-prime borrowers are all so hungry to get something and have the Great American Dream, and so uneducated as to the traditional ways of getting it, being so mesmerized by the mavens of persuasion, the nabobs of need, dumb and dumber as they are, saturated, bloated with created need, both from within them/without them, and so led, like lambs to slaughter by those of similar ilk, wanting, wanting, I want it all, we’ll just slap
‘em after they take the bait. Somebody else clean it up. It is not just the subprime lenders and their entire chain, selling/reselling/ wiping hands as they walk from what they made, that pay. We all pay. Economics is how it all fits. And starts. Fits and starts. Cops and robbers. And devils, all the way, no angels. Let’s play Pit!

By: Mr. Dings

Mr. Dings — Fri, 30 Nov 2007 15:51:01 +0000

6) No hiree illegals, no payee illegals, guess what, they go home? Like ‘Nam, Iraq II, and hopefully not WW IV, we made our bed, or “they” the decadent country club management, the slaveholders, made it for us, but we all have to lie in it.

By: Mr. Dings

Mr. Dings — Fri, 30 Nov 2007 15:48:45 +0000

5) “Decadent country club.” Ever been to a country club bash? Stick around for the entire thing, sober. Or just keep your ears open in the locker room.

By: Bentnotesmanhisself

Bentnotesmanhisself — Fri, 30 Nov 2007 13:15:42 +0000

CEO compensation is at a level set by the marketplace. The owners of an enterprise won’t stand for an overpaid CEO for long if they see it affecting the return on their investment.

By: Mr. Dings

Mr. Dings — Fri, 30 Nov 2007 03:17:06 +0000

3) Management, it seems, is often too self-interested. Look at the CEO compensations and, more, to their parachutes, even if they royally f everything up. To blame labor unions now is pots calling kettles black. You know who’s really paying now? Our children.

By: Bentnotesmanhisself

Bentnotesmanhisself — Thu, 29 Nov 2007 22:30:06 +0000

But bear in mind that a huge part of the problem is the takeover of the humanities fields in Western education by freedom-haters and perverts. Kids setting out to major in literature or history these days don’t learn anything remotely like what you and I consider lieterature and history.

By: Bentnotesmanhisself

Bentnotesmanhisself — Thu, 29 Nov 2007 22:11:47 +0000

Ah, okay, I see what you mean, and I don’t know if you’ll be surprised about this or not, but I agree with you on that point at least 100 percent. I see it as part of my overall worldview. We’re in good company, being concerned about this. The Closing of the American Mind by Alan Bloom sounded the warning bell 20 years ago. Then along came Dumbing Down: Essays on the Strip-Mining of American Culture, editd by Katharine Washburn and John Thornton. Of, course, the quarterly journal The New Criterion, edited by Hilton Kramer and Roger Kimball (whose essays to which I’ve linked from this blog seem to have rankled you) is trying to stand firm in the face of the tide.
You’ll get nothing but agreement from me that we could use a lot more Thucydides, Milton and Debussy and a lot less Kanye West, Lindsay Lohan, NBA on the 27-inch plasma flat screen, and closets full of Abercrombie & Fitch.
Getting there has to be done in accordance with sound economic principles, however. Hayek explained in convincing detail why collectivist schemes always devolved into dictatorships.