Keynes to Success

The Federal Government has thrown its entire weight into preventing a Depression through a program of dedicated spending.  The original bailout/stimulus of $700 billion is being matched by a project budget deficit of $1,100 billion for 2009, plus whatever President Obama proposes and untold amounts of money loaned by the Federal Reserve.  All together, the total debt of $11 trillion is already similar to the size of our total economy, but we have been told that the additional borrowing is necessary to keep the economy running.

One question is rarely asked:  What happens if it doesn’t work?

Continue reading

Stupid Like a Fox

It’s a common problem in the nooze lately.  A story is told with blank objectivity over a few minutes of radio time or a several column inches of newspaper.  It may have a decent interjection of context in the form of a short history lesson or a few juicy quotes that allow the participants to describe why they did what they did.  Yet, in the end, there seems to be something missing.  The story, despite the best efforts of the reporter, still just doesn’t make sense.

Continue reading

Ad Value

During a recent marathon of “The Twilight Zone”, my daughter and I saw the classic figure many times over.  Not Rod Serling and his smoldering cigarette, but the figure of a driven, successful young man from the black and white world of fifty years ago.  Every time a character was given the Zonal treatment for his exhaustion, tension or ennui it was a man who had made it to the top of the leading occupation of the day:  Advertising.  Clearly, this was what the industrial machine of the USofA’s Baroque Era saw as the pinnacle of success.

Continue reading

News Hole

The Tribune Company and the Minneapolis Star Tribune are more or less bankrupt and many other nooze organizations are slimming down.  Blame the internet, Citizen Journalism, or some other trend?  The problem with Journalism today has very little to do with Journalism.  The problem is that their business model has broken and no one has the slightest idea what will replace it.  This comes from the fact that their business model, based on ad sales, never had anything to do with Journalism in the first place.  As a result, we have no idea what, if anything, people are willing to pay for nooze.

Continue reading

More Perfect Union: Neighborhood

Saint Paul Police Chief Harrington told the story as the featured speaker for the Fort Road Federation Annual Meeting. Two police officers went to a house where a concerned neighbors called about a woman at the front door shouting something in Hmong. Not knowing what was up, they proceeded carefully as she kept shouting the same thing, earnestly, over and over. The were nearly to the door when another officer drove up, one who heard the call and knew that his Hmong heritage could be useful in that neighborhood. He knew what was going on at once. “She’s yelling ‘gun’!” he called to the officers, who immediately took cover. The man with the weapon inside later killed himself, but quick action saved the lives of two cops that day.

Continue reading