By allowing the dollar to devaluate.
via Mark Steyn at The Corner, who says, "Geithner and Bernanke can protest all they want that debauching the currency and the left hand buying the right hand’s debt and quantitively easing yourself all day long like Congressman Weiner is so totally not like defaulting. But, if the dwindling ranks of buyers of Treasury debt around the world come to see it like that, that’s what counts."
Saturday, June 11, 2011
Friday, June 10, 2011
TGIF links
Amazing paper sculptures. Related, the Book Surgeon. Also, Van Gogh’s Wheatfield with Cypresses Recreated with 8,000 Living Plants
Teen’s dad spends school year waving at bus, embarrassing son. In a different costume every day.
Edison-Era Inventions Emerge From the Vaults of General Electric.
Woman sues ex-fiance after falling and impaling herself on a fence while peeing from his veranda.
Utility giant AEP will close 5 coal plants to comply with EPA regs
to comply with EPA regs. "increase in electricity prices of 10 to 35 percent and 600 jobs"
Thursday, June 9, 2011
Are Democrats more likely to be corrupt?
The Daily Caller: Democrats were 2.57 times more likely than Republicans to face federal public corruption charges during the Clinton administration but 6.13 times more likely than Republicans to face federal public corruption charges during the George W. Bush administration.
Henninger: Obama's Worst Week, Pawlenty's Best
WSJ.com: The 2012 election battle will be fought over economic growth and how we get it—Obama's way or something close to the opposite of Obama's way.
Thursday links
Giant Transformers sculptures from old car parts.
Are the Smurfs Crypto-Fascists?
How can I make my own spaceship? And while you’re feeling creative, here’s how to make moonshine.
Is being left-handed actually a form of cognitive impairment?
Tuesday, June 7, 2011
Deconstructing evidence based care
NCPA.org: we are about to usher in the era of big brother medical care.
Color red increases speed and strength of reactions
Science Daily: A new study finds that when humans see red, their reactions become both faster and more forceful. And people are unaware of the color's intensifying effect.
New experiment shows both wave and particle nature of light
BBC News: The "complementarity" rule asserts that it is impossible to observe light behaving as both a wave and a particle, though it is strictly both.
In an experiment reported in Science, researchers have now done exactly that.
Monday, June 6, 2011
Real Cost of Auto Bailouts: Bankruptcy Law
WSJ.com
The car bailouts have sent the message that, if a politically important industry is in trouble, the government may step in, rearrange the existing creditors' normal priorities, and dictate the result it wants. Lenders will be very hesitant to extend credit under these conditions.
The car bailouts have sent the message that, if a politically important industry is in trouble, the government may step in, rearrange the existing creditors' normal priorities, and dictate the result it wants. Lenders will be very hesitant to extend credit under these conditions.
Sunday, June 5, 2011
Glenn Reynolds: Hard to get good goons these days
Washington Examiner:
But miners and steelworkers are one thing. When the public employees of, say, Wisconsin hit the streets, it looked more like a bunch of disgruntled DMV clerks and graduate teaching assistants, because, well, that's what it was.
But miners and steelworkers are one thing. When the public employees of, say, Wisconsin hit the streets, it looked more like a bunch of disgruntled DMV clerks and graduate teaching assistants, because, well, that's what it was.