Tuesday, April 22, 2008


For those rare times when there's no "fog at U.S. ports" or "storm in the North Sea" to blame for the price of oil.

When does the average landlubber start to think about the dollar in the grocery store and at the gas pump?


Anonymous Anonymous said...

CR, I actually forwarded your Amcon article today on this very point.

The Repubs of today still blame Jimmy Carter for the economic problems of 1979, when you point out well that they had their roots in the policies of Johnson and Nixon.

If a Democrat wins the presidency this fall, you can bet that inflation will be caused by the Democrats, that unemployment will be caused by the Democrats, etc...

Sometimes I hope that McCain wins, but of course there will be a Dem congress, so everything wrong will be the Dems fault again.

All Dolschloss, all the time.


4/22/2008 11:49 PM  
Anonymous Anonymous said...

Devaluation, Ho!

4/23/2008 11:38 AM  
Blogger LFC said...

Look at the amount of debt that Reagan racked up. Those are what the GOP considers "the good old days", when deficit spending was endless. Bush simply brought those days back with many of the same policies that Reagan had.

4/23/2008 1:44 PM  
Blogger Dave S. said...

Remember that Cheney explicitly said "Reagan taught us that deficits don't matter."

4/23/2008 1:59 PM  
Anonymous Anonymous said...

Maybe when the lines start to form: Wal-Mart-owned Sam's Club limits rice purchases.

Or maybe when the government hands out vouchers for food, not only to the most vulnerable and poor but also the middle-class (who are trying not to become the new poor), without full transparency and knowledge, in exchange to use them, their family, and community, as guinea pigs for toxic sludge tests. Can a person ever sign away their rights to environmental justice, for food stamps?

Got to remember that there are 2 America's, and the groups have vastly different experiences. The folks with lots of spare cash/assets, good cash flow, connected, perhaps corporate benefits only offered to the few for a lifetime or more, and then everyone else.

4/23/2008 5:14 PM  
Anonymous Anonymous said...

ROFLMAO: Andrew Sullivan approvingly links to an argument that "high gas prices are NOT an economic or political problem. They are the result of the natural workings of markets."

4/23/2008 8:59 PM  
Anonymous Thomas Daulton said...

ROFLMAO: Is The Cunning Realist a fan of "Spongebob" ?? That photo of Bernanke looks an awful lot like Patchy the Pirate...

I guess I shouldn't be surprised. I think Mr. Spock once put it, "The greater the mind, the greater the need for the simplicity of play."

4/23/2008 10:25 PM  
Anonymous Anonymous said...

When they get this call, Debt Collection Done From India Appeals to U.S. Agencies

"Armed with a sophisticated automated system that dials tens of thousands of Americans every hour, and puts confidential information like Social Security numbers, addresses and credit history at operators’ fingertips, this new breed of collectors is chasing down late car payments, overdue credit card debt and lapsed installment loans. Debt collectors in India often cost about one-quarter the price of their American counterparts, and are often better at the job, debt collection company executives say."

4/24/2008 6:33 PM  
Anonymous Anonymous said...

Mark Cuban has an interesting take on CEO pay

"All of which is a long winded way of saying that employees live in the corporate cash zone, CEOs and the top few in management live in the equity/lottery ticket zone."

If the public doesn't care about this, then really perhaps they don't care about anything, and so be it, I guess. Argh. Lottery zone winners takes all, and we'll see where the chips fall in our "Democracy", and how it affects "our way of life" in general.

Our neighbor lost his jobs, cutbacks, 29.5 years, hard worker, super nice. And now, the entire rest of his life will be impacted. His retirement will be less, benefits poorer, healthcare nonexistent. He starts at square one. He played by all the rules, that we each hear about each and every day.

4/24/2008 9:21 PM  
Blogger Jimmy the Saint said...

I find it funny(whether good or bad ..I don't know) that both Paul Krugman and Kevin Drum made Soylent Green references this week. Look what CR started!!

4/25/2008 12:23 PM  
Blogger DrDave said...

Is he a pastafarian?

4/29/2008 9:12 AM  

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