"We MUST get revenge on these white collar motha ******" (99)
Wasn't sure if it was real so went looking for answers. Then I read this,
"Roy Brown has at least 8 prior arrests. These are everything from battery/assualt, DWI, criminal neglect of his family, fugtive status, parole violations and pot possesion. He's no saint And this blogger needs to put this out there it's in the public record. 15 is probably a 3rd or 4th strike at a life he seems to be unable to control. His criminal record has been ongoing since 1988."
"If we kill get rid of the board of directors, if we kill get rid of the major shareholders, the machines will still be there to steal. The factory will not move. The workers will have all the skills. We will produce just fine until the money runs out"
"we'll organzie produciton so that it's meaningful. so it is safe. so it is profitable for us"
"A village half-wit could see what generations of professors had pretended not to notice. What good would our need do to a power plant when its generators stopped because of our defective negines? What good would it do to a man caught on an operating table when the electric light went out? What good would it do to the passengers of a plane when its motor failed mid-air? And if they bought our product, not because of its merit, but because of our need, would that be the good, the right, the moral thing to do for the owner of that power plant, the surgeon in that hospital, the maker of that plane?
Yet this was the moral law that the professors and leaders and thinkers had wanted to establish all over the earth.
To work - on a blank check held by every creature born, by men whom you'll never see, whose needs you'll never know, whose ability or laziness or sloppiness or fraud you have no way to learn and no right question - just to work and work and work - and leave it up to the Ivys and the Gerlads of the world to decide whose stomach will consume the effort, the dreams and the days of your life. And this is the moral law to accpet? this - a moral ideal?"
From a time before 24-hour news cycles and 7-second soundbites:
The myth persists that Federal deficits create inflation and budget surpluses prevent it. Yet sizeable budget surpluses after the war did not prevent inflation, and persistent deficits for the last several years have not upset our basic price stability. Obviously deficits are sometimes dangerous--and so are surpluses. But honest assessment plainly requires a more sophisticated view than the old and automatic cliche that deficits automatically bring inflation.
There are myths also about our public debt. It is widely supposed that this debt is growing at a dangerously rapid rate. In fact, both the debt per person and the debt as a proportion of our national product have declined sharply since the Second World War. In absolute terms the national debt since the end of World War II has increased only 8 percent, while private debt was increasing 305 percent, and the debts of state and local governments--on whom people frequently suggest we should place additional burdens--the debts of state and local governments have increased 378 percent. Moreover, debts public and private, are neither good nor bad, in and of themselves. Borrowing can lead to over-extension and collapse--but it can also lead to expansion and strength. There is no single, simple slogan in this field that we can trust.
caption: A proposed rule to the Freedom of Information Act would allow federal agencies to tell people requesting certain law-enforcement or national security documents that records don’t exist – even when they do.
In a recent paper in REStat, Eric Strobl found that hurricanes did not increase economic growth in the U.S. Now he has a paper in the Journal of Development Economics that has similar findings for Latin American and Carribbean countries; the abstract:
In this paper we investigate the macroeconomic impact of natural disasters in developing countries by examining hurricane strikes in the Central American and Caribbean regions. Our innovation in this regard is to employ a wind field model on hurricane track data to arrive at a more scientifically based index of potential local destruction. This index allows us to identify damages at a detailed geographical level, compare hurricanes' destructiveness, as well as identify the countries that are most affected, without having to rely on potentially questionable monetary loss estimates. Combining our destruction index with macroeconomic data we show that the average hurricane strike caused output to fall by at least 0.83 percentage points in the region, although this depends on controlling for local economic characteristics of the country affected and what time of the year the storm strikes.
Of course, Strobl and others could publish 50 papers with similar conclusions and it wouldn't stop some doofus from proclaiming that the aftermath of some hurricane or other disaster will be greater prosperity.