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January 26, 2010

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why is this post on planet mysql ?

Because you met Scot ? Because the "invisible hand" is working? If there is an invisible hand, it should keep planet.mysql limited to informative blogs.

Kick butt and lick ass ?

I don't know that person so I have a hard time detecting sarcasm, was he serious when he said "And except for [most of this planet's industry] the invisible hand is doing its thing quite efficiently" ?

This is bizarre.

'And I sure “hope” America regains its love affair with capitalism.' The thinly-veiled poke at President Obama aside, I have to say... Really, Scott?? Have you seen capitalism lately?

(America: I know you love Capitalism, but that doesn't mean he's allowed to beat you up. And I know he says he loves you, but he really just wants to control you.)

"And except for the auto industry, financial industry, health care, and some other places (I digress), the invisible hand is doing its thing quite efficiently."

Yeah, Scott. Discounting those little exceptions makes it all seem much brighter.

Sorry folks, but Scott is correct. The root cause is far too lax credit from the Fed and high debt/deficits, which have have caused a series of bubbles/bursts. It isn't just Obama (Bush too), it is our love affair with Keynesian economics (vs. Austrian) that is the root cause. The government response of takeovers, more cheap money and increased deficits simply delay and compound the problem. The resulting government bailouts, stimulus and takeovers are merely a response to the problems and yes, they further pervert capitalism.

It did not sadden me to wittiness the demise of Sun. I worked there during its Day. I also wittiness the couture of Sun, protect, preserve and promote their Insiders, by redirecting challenges away to others, that's until the fruits of others labor began to bare revenues and other acts of discrimination until all that were left are fatties scrambling for a set on a sinking boat, and knowing Larry would find them out.

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