Ten Second News (Beta)

Geithner’s Terrible, Horrible, No Good, Very Bad Bank Plan

This is my third financial/economic/treasury round-up.  I am not an expert in these matters so what I’ve been trying to do is bring some expert voices to the League in order to better flesh out these thoughts.  If anybody wants to add more relevant links to the comments, I’d appreciate it, because this crazy treasury…

quote of the day

“Talk about misplaced anger. Wall Street built a wooden house, stuffed it with flammable material, set it on fire, and then poured gasoline on the blaze. And now it’s blaming the inferno on the arson inspector, who wasn’t appointed until after the fire had reached three-alarm status?” ~Daniel Grossman

quote of the day

I’ve found that those who defend Bernanke as having inherited Greenspan’s mess are most likely to have first heard Bernanke’s name on the day Bush nominated him. But he’s played an important role in shaping monetary policy, the regulatory environment, and the financial system itself for many years. And as I’ve noted before, he voted…

the moderating influence of the technocratic Republican

Predictions are a mugs game, and mine are worse than most, so take this with a grain of salt. But I see two likely narratives emerging concerning Arnold Schwarzenegger, neither of which I like. Schwarzenegger’s golden political image has been tarnished lately by the utter fiscal insolvency of California. Part of this can be explained…

Growth and Prosperity

The loss of our self-understanding as parts of a whole meant that individuals who achieved material success were able to consider their achievement as fully their own. By contrast, those who happened to be counted among the “lazy and contentious” (Locke’s term) were understood to have failed on through their own fault alone. A society…

Neo-Traditionalism, Community, and the Post-Postmodern Gentleman

Scott coins an interesting term: post-postmodern.  The essence of the post-postmodern man, it seems, is a sort of meshing of Reason and Tradition that eschews both the ignorance and outdatedness of many old practices and traditions, as well as the arrogance and certitude of the modern man of reason. While it has generally been conservatives…