Comments on: The economy, bubbles, and the tragedy of the commons http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/ Thu, 24 May 2012 10:02:28 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: House of Eratosthenes http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101960 House of Eratosthenes Sat, 21 Feb 2009 16:26:18 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101960 [...] on “Tragedy of the Commons” (from Wednesday), whose words I’ll just suck in here verbatim, without editing nuthin’. Besides, I got [...] [...] on “Tragedy of the Commons” (from Wednesday), whose words I’ll just suck in here verbatim, without editing nuthin’. Besides, I got [...]

]]> By: FredHjr http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101867 FredHjr Fri, 20 Feb 2009 05:50:31 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101867 Scottie is right. Those of us who are refugees from the Far Left, as I am, know that there were people on that side who believed in a thorough ethics of expediency. Which meant that it was o.k. to deceive the credulous people in the Middle Muddle in order to gain power. Which they have done. And now they are using the power that they are likely to only have for 2-4 years to ram through everything they've wanted since even before Reagan was POTUS. Investors are saying with their actions that they have no faith in this crew. Stocks are fantastically cheap and great value right now, but because the environment going forward is so shitty no one wants to commit. Even Bill Clinton paid attention to what investors were saying in the equities and bond markets. Scottie is right. Those of us who are refugees from the Far Left, as I am, know that there were people on that side who believed in a thorough ethics of expediency. Which meant that it was o.k. to deceive the credulous people in the Middle Muddle in order to gain power.

Which they have done.

And now they are using the power that they are likely to only have for 2-4 years to ram through everything they’ve wanted since even before Reagan was POTUS.

Investors are saying with their actions that they have no faith in this crew. Stocks are fantastically cheap and great value right now, but because the environment going forward is so shitty no one wants to commit. Even Bill Clinton paid attention to what investors were saying in the equities and bond markets.

]]> By: Dan http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101823 Dan Thu, 19 Feb 2009 21:22:25 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101823 Their "echo chamber" could? Academia now IS their echo chamber. Postmodernism has done it's nasty work like an acid on the cultural heritage of the western world. Don't think you are going to use reason to pull them back. The acid works against reason. Their “echo chamber” could?

Academia now IS their echo chamber. Postmodernism
has done it’s nasty work like an acid on the cultural
heritage of the western world. Don’t think you are going
to use reason to pull them back. The acid works against
reason.

]]> By: Scottie http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101815 Scottie Thu, 19 Feb 2009 20:43:28 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101815 Perfected democrat, Just checked the article. Exactly how long can a moderate centrist segment of society hold and maintain a balance in this nation between the ideological left and right? A lot of the stability of this nation is attributable to neither the far left or the far right gaining too much power, with the middle vacillating between the two on any given issue and maintaining a strange natural balance of power. The arguments I hear on the right are generally those of persuasion. The philosophical and ideological ideas have some seriously factual underpinnings, and the thrust of statements are generally to educate and bring people knowingly into the fold of the right. I generally don't see attempts to either mislead or dupe the public. The tactics - I can't describe what I read as any sort of argument - of the left appears to be to mislead the middle in order to get as much of the leftist agenda in place as possible while they have complete power. This approach is consistent with what I've seen elsewhere from the left. Regarding the "echo chambers" they are trying to create, have these geniuses given any thought as to what is going to happen if they end up deluding themselves and becoming out of touch with the middle/mainstream because they are only talking to each other and those that agree with them while ignoring all voices of opposition? Their "echo chamber" could end up being nothing so much as a pair of ear plugs shutting them away from the larger world and it's reactions. Perfected democrat,

Just checked the article. Exactly how long can a moderate centrist segment of society hold and maintain a balance in this nation between the ideological left and right?

A lot of the stability of this nation is attributable to neither the far left or the far right gaining too much power, with the middle vacillating between the two on any given issue and maintaining a strange natural balance of power.

The arguments I hear on the right are generally those of persuasion. The philosophical and ideological ideas have some seriously factual underpinnings, and the thrust of statements are generally to educate and bring people knowingly into the fold of the right. I generally don’t see attempts to either mislead or dupe the public.

The tactics – I can’t describe what I read as any sort of argument – of the left appears to be to mislead the middle in order to get as much of the leftist agenda in place as possible while they have complete power.

This approach is consistent with what I’ve seen elsewhere from the left.

Regarding the “echo chambers” they are trying to create, have these geniuses given any thought as to what is going to happen if they end up deluding themselves and becoming out of touch with the middle/mainstream because they are only talking to each other and those that agree with them while ignoring all voices of opposition?

Their “echo chamber” could end up being nothing so much as a pair of ear plugs shutting them away from the larger world and it’s reactions.

]]> By: Perfected democrat http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101809 Perfected democrat Thu, 19 Feb 2009 19:42:05 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101809 Another one, representing the complete disenfranchisement of approx. 48%+/- of the voting American public in the new executive branch: http://theplumline.whorunsgov.com/labor/obama-and-michelle-ask-progressive-groups-for-help-driving-white-house-agenda/ Another one, representing the complete disenfranchisement of approx. 48%+/- of the voting American public in the new executive branch:

http://theplumline.whorunsgov.com/labor/obama-and-michelle-ask-progressive-groups-for-help-driving-white-house-agenda/

]]> By: Perfected democrat http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101808 Perfected democrat Thu, 19 Feb 2009 19:24:30 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101808 "I don’t believe the carbon credit scam will ever approach the magnitude of the current housing problems, but ..." Don't underestimate the danger we are in, the Dems are manipulating events so fast now that it amazes me that I'm starting to believe now that my own conspiratorial theories are actually quite plausible. I'm not sure yet to what extent the Dems are deliberately criminal traitors, or are simply megalomaniac morons with normal IQ's. From Drudge, at this moment: http://www.iht.com/articles/2009/02/19/healthscience/19epa.php “I don’t believe the carbon credit scam will ever approach the magnitude of the current housing problems, but …”

Don’t underestimate the danger we are in, the Dems are manipulating events so fast now that it amazes me that I’m starting to believe now that my own conspiratorial theories are actually quite plausible. I’m not sure yet to what extent the Dems are deliberately criminal traitors, or are simply megalomaniac morons with normal IQ’s. From Drudge, at this moment:

http://www.iht.com/articles/2009/02/19/healthscience/19epa.php

]]> By: Lem http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101807 Lem Thu, 19 Feb 2009 19:24:14 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101807 What's going on in baseball with the steroids, is an exellent example of "the tragedy of the commons". Thanks theo for an exellent post. BTW - let's hope the scandall has not touched our beloved red sox. What’s going on in baseball with the steroids, is an exellent example of “the tragedy of the commons”.

Thanks theo for an exellent post.

BTW – let’s hope the scandall has not touched our beloved red sox.

]]> By: Dan http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101806 Dan Thu, 19 Feb 2009 19:06:17 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101806 Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; The best lack all conviction, while the worst Are full of passionate intensity. Surely some revelation is at hand; Surely the Second Coming is at hand. The Second Coming! Hardly are those words out When a vast image out of Spiritus Mundi Troubles my sight: somewhere in sands of the desert A shape with lion body and the head of a man, A gaze blank and pitiless as the sun, Is moving its slow thighs, while all about it Reel shadows of the indignant desert birds. The darkness drops again; but now I know That twenty centuries of stony sleep Were vexed to nightmare by a rocking cradle, And what rough beast, its hour come round at last, Slouches toward Bethlehem to be born? William Butler Yeats Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.

Surely some revelation is at hand;
Surely the Second Coming is at hand.
The Second Coming! Hardly are those words out
When a vast image out of Spiritus Mundi
Troubles my sight: somewhere in sands of the desert
A shape with lion body and the head of a man,
A gaze blank and pitiless as the sun,
Is moving its slow thighs, while all about it
Reel shadows of the indignant desert birds.
The darkness drops again; but now I know
That twenty centuries of stony sleep
Were vexed to nightmare by a rocking cradle,
And what rough beast, its hour come round at last,
Slouches toward Bethlehem to be born?

William Butler Yeats

]]> By: Scottie http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101804 Scottie Thu, 19 Feb 2009 18:49:02 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101804 Finally, we have a first hand account from 3 wizened old hags who were first hand witnesses to the writing of the stimulus package! Their detailed account follows (with apologizies to Billy Shakespeare): Double, double, toil and trouble Fire burn and cauldron bubble Double, double, toil and trouble Something wicked this way comes. Eye of newt and toe of frog, Wool of bat and tongue of dog, Adder's fork and blind-worm's sting, Lizard's leg and howlet's wing. Double, double, toil and trouble Fire burn and cauldron bubble Double, double, toil and trouble Something wicked this way comes. In the cauldron boil and bake, Fillet of a fenny snake, Scale of dragon, tooth of wolf, Witches' mummy, maw and gulf. Double, double, toil and trouble Fire burn and cauldron bubble Double, double, toil and trouble Fire burn and cauldron bubble Double, double, toil and trouble Fire burn and cauldron bubble Something wicked this way comes. Finally, we have a first hand account from 3 wizened old hags who were first hand witnesses to the writing of the stimulus package!

Their detailed account follows (with apologizies to Billy Shakespeare):

Double, double, toil and trouble
Fire burn and cauldron bubble
Double, double, toil and trouble
Something wicked this way comes.

Eye of newt and toe of frog,
Wool of bat and tongue of dog,
Adder’s fork and blind-worm’s sting,
Lizard’s leg and howlet’s wing.

Double, double, toil and trouble
Fire burn and cauldron bubble
Double, double, toil and trouble
Something wicked this way comes.

In the cauldron boil and bake,
Fillet of a fenny snake,
Scale of dragon, tooth of wolf,
Witches’ mummy, maw and gulf.

Double, double, toil and trouble
Fire burn and cauldron bubble

Double, double, toil and trouble
Fire burn and cauldron bubble
Double, double, toil and trouble
Fire burn and cauldron bubble

Something wicked this way comes.

]]> By: Scottie http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101803 Scottie Thu, 19 Feb 2009 18:40:02 +0000 http://neoneocon.com/2009/02/18/the-economy-bubbles-and-the-tragedy-of-the-commons/#comment-101803 Speaking of "bubbles", has anyone given thought to comparing these strange mortgage practices that resulted in the current burst bubble and how money was made by simply shifting paperwork back and forth between institutions, and the growing fad of "carbon credits" and the firms springing up everywhere that deal in them? I don't believe the carbon credit scam will ever approach the magnitude of the current housing problems, but I do think it is heading for it's own little *pop* sooner rather than later.... Speaking of “bubbles”, has anyone given thought to comparing these strange mortgage practices that resulted in the current burst bubble and how money was made by simply shifting paperwork back and forth between institutions, and the growing fad of “carbon credits” and the firms springing up everywhere that deal in them?

I don’t believe the carbon credit scam will ever approach the magnitude of the current housing problems, but I do think it is heading for it’s own little *pop* sooner rather than later….

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