Short Takes
- Lip Reading Babies: Utter nonsense!
January 17, 2012 | 8:54 pmSays psychologist David Lewkowicz of Florida Atlantic University, who led [a] study published yesterday…
’The baby in order to imitate you has to figure out how to shape their lips to make that particular sound they’re hearing,’’
Can you “figure out” why this is utter nonsense? I should as obvious as monkey see, monkey do. With this sort of thing passing for science, we are surely doomed.
- The Mark of Cain
November 9, 2011 | 3:13 amWatching Herman Cain duel with his female accusers is like watching the Jerry Springer Show. Not a pretty picture. If you partake, be sure an wash you hands afterwards.
- The Truth About Sovereign Debt
November 1, 2011 | 4:01 pmDuring the housing bubble people bet on rising home prices by taking out loans on to-good-to-be true terms and investment banking made bets on the rising home prices by lending on to-good-be-true terms. Everyone drank the Kool Aid. Prices went down. Having made bad bets, home owners should default on their loans and bankers should take their losses. This is the simple-minded logic of every-man-for-himself market economics.
The nations that joined the EU placed bets on rising economic prosperity that would come from joining the EU and adopting the Euro and borrowing from the EU banks on to-good-to-be-true terms. The EU investment bankers made speculative bets on EU member nations by lending them billions on to-good-to-be-true terms. The borrower economies went down not up. Everyone drank the Kool Aid and having made bad bets the borrowers should default on their loans and the bankers should take their losses. This too, is the simple-minded logic of every-man-for-himself market economics.
So how do the bankers hold the world hostage to their bad bets? They claim they are too big to fail. In other words, the only game they know is heads they win, tails we lose.
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- Lip Reading Babies: Utter nonsense!
Author Archives: Play Righter
The Dawn of Corporate Capitalism – A Play in One Act
Warning: The following allegorical play contains language, imagery, and ideas that may be offensive to some readers. Proceed at your own risk.
The Dawn of Corporate Capitalism
A play in one act, by Marc Hersch
Scene:
Village with decrepit buildings that appear to have … Continue reading
Men with Guns
So Obama does a news conference to promote the administration’s health care initiative and, at the very end, he gets waylaid by a question about the arrest of Harvard professor Henry Louis Gates Jr. in his home in Cambridge. He responds … Continue reading
Obstacles to Deming’s Transformation
Mencius (Meng Tse) said, “Don’t suspect that the king lacks wisdom. Even in the case of the things that grow most easily in the world, they would never grow up if they were exposed to sunshine … Continue reading
