Monday, September 12, 2011

Got Moloko?

4 comments:

g.b.a. said...

Is Gold Being Suppressed?

'... Whatever you think about gold, there can be no doubt that gold has dramatically re-asserted its immutable role within the global financial realm over the past decade. Former Fed chairman Alan Greenspan conceded in 2009 that "gold still holds reign over the financial system as the ultimate source of payment." The world experimented with moving away from gold beginning in 1971 with the "Nixon Shock," but extremely poor stewardship of the key paper currencies has ushered gold back as the sole currency immune to the ravages of obscene debt and competitive devaluation. On that point, the case is quite simply closed.

The question remains, however, whether Western central banks may be intervening in the gold market to mitigate or delay the appreciation of gold against their troubled paper currencies...'

http://www.fool.com/investing/general/2011/09/13/is-gold-being-suppressed.aspx

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g.b.a. said...

Alright, I'm going to say it; de Kooning sucks... prolifically, but he still sucks.
The odd, stray lumpen like me who has lost his social glasses and sees the world unvarnished, unsanded and unloved has an obligation to call a spade a spade on occasion, to speak forcefully to, in this context, cultural power; this is apparently 'that moment' today...
de Kooning sucks
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Unfurling a Life of Creative Exuberance

http://www.nytimes.com/2011/09/16/arts/design/de-kooning-a-retrospective-at-moma-review.html?_r=2&hp

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g.b.a. said...

I've likely spent entirely too much time understanding sundry competing macroeconomic theories (Marx, Smith, Keynes, Mises (Austrian), Friedman ('Chicago School,' (legal rape, Disaster Capitalism)... et al...

Like 'isms' and 'ologies' of all stripes, there are pithy kernels of nutrition to be found in all, and absolute folly to be found in following any of them as a religion or instruction manual... which is precisely what we aspire to do.
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Marx to Market

'... The economic crisis has made the philosopher’s ideas relevant again, but the world shouldn’t forget what Marx got wrong...'

http://www.businessweek.com/magazine/marx-to-market-09142011.html

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g.b.a. said...

... a page will turn when (not if) Merkel is forced out.
... why?
It's simply the way of things.
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Merkel's Government Remains Divided on Euro Policy

http://www.spiegel.de/international/europe/0,1518,786421,00.html