Bailouts and Begging
It is only the poor who are forbidden to beg.
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The best evidence for the existence of intelligent life
ByHeather
The best evidence for the existence of intelligent life in the universe lies in the fact that they have steadfastly refused to contact us.
— Richard Boyd
I saw this quote as a letter-to-the-editor in one of the San Francisco Bay Area papers several years ago. I love the twisted logic and the inherent presumptions that it contains. Some attempts at logical arguments for the existence of God share these logical fallacies.
Intelligent Mind
ByHeather
An intelligent mind is a mind which is not satisfied with explanations, with conclusions; nor is it a mind that believes, because belief is again another form of conclusion. An intelligent mind is an inquiring mind, a mind that is watching, learning, studying.
“The Market” vs “The Economy”
ByHeather
With all the volatility in the stock market lately it is a good time to remind ourselves that “the market” is not the same as “the economy.” The best that I can tell — at least as of the last few years — “the market” has contracted to a relatively small group of:
- professional traders
- automated computer programs
- institutional investors
- hedge fund managers
This tight-knit circle trades amongst itself with very little relevance to what we think of as “the economy.” In contrast to this closed group, the economy is the vast sum of the creation and delivery of the goods and services we want and need.
It seems to me that the Dow Jones Industrial Average and S&P 500 bears little connection to these things these days.
Don’t be afraid. Now is the time to be bold. If you don’t like the economy, let’s go out and make one of our own.