Belmont Club

By Richard Fernandez

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The Care of Time

July 8, 2010 - 4:53 am - by Richard Fernandez
Eggplant
2010-07-09 12:23:55

Dave @ 118 said:

“Fighting wage/price declines during deflation is the same as jerking back on the stick when an airplane stalls. All you can get is that uncontrollable spiral.”

I like this analogy! We’re in a deep stall. Bernanke has the stick pulled all the way back into his lap and is wondering: “Why are we still falling?”

We need to push forward on the stick, increase our rate of descent until flow around the wing is reattached and then gently pull back until we’re at level flight at a lower altitude.

Skip_this_post @ 130 said:

“I’m of the Spartan school of thought. … Handicapped babies should be put down. Right then and there. Those contacting fatal diseases should be either put down or allowed to die. Once one is to old to deal with life, take the red pill.”

I admire the Spartan’s for their bravery and sense of honor. Also King Leonidas was one of my heros decades before the general public ever heard of the comic and movie “300″. However the Spartan attitude towards their own children was perhaps their least admirable quality. One can judge a society by how it treats its weakest members. If infant euthanasia is the price one must pay to become a Spartan then I’d rather be an Athenian.