Search Results for: liquid of the year

SATAN MAGAZINE ANNOUNCES LIQUID OF THE YEAR

I’m always on the look-out for new benchmarks of Right Wing crazy, especially where it involves religious ideas. But sometimes those “benchmarks” find me.

The Big Short and Dunning-Kruger Effect Concluded

Hard-working citizens have been forced to dip into their wallets to rescue the very people that destroyed so much of their personal economic futures. The downwardly mobile American electorate has, by and large, an intuitive understanding that they are being royally screwed by the Powers That Be even if they aren’t familiar with the particulars.

Behavioral Economics: The Big Short Part III, The DK Effect Part VI

Tune into any of the three major business news channels and you’ll be treated to an endless parade of “experts” framing that day or week’s trading activities with narratives that, on the surface, seem to explain what’s driving the market at any given time. But after a couple of decades of watching these people, I’ve concluded that a great deal of their “analysis” is simply designed to keep the rubes in the game by providing seemingly “rational” explanations for what are largely high frequency, computer driven trading schemes that use “dark pools” of money and others forms of subterfuge to separate investors from their money.

The Big Short:The Dunning-Kruger Effect Part IV

While there’s been no shortage of post-mortems on the cause of the Great Recession, the most entertaining has to be the new movie The Big Short, a Golden Globe and Oscar nominee for best film, based on Michael Lewis’s book of the same name… The film follows three sometimes inter-related investment entities as they uncover the massive fraud that had taken over the real estate industry, and their efforts to profit from that knowledge. That a morality tale emerges in the wake of their pursuit of “price discovery,” a traditional goal of the free (unmanipulated) market, is just icing on the cake.

The Usual Suspects

The Usual Derp SuspectsMay the derp with the biggest head win. Click for too close.

WATERLOO, IOWA —   Jimmy Joe Johnson, a member of the Iowa GOP’s State Central Committee and a former Iowa adviser to Ricky Santorum, said he spoke with unannounced praisedential candidate Ted Cruz about “tweaking” his economics-heavy message to best win over Iowa conservatives.

“You’ve got to enunciate the moral themes here,” Johnson told him, “Get a bigger cross, and wear it above your flag pin.  If you don’t, you’ll lose.”  So Ted tweaked it.

You’re probably surprised to see a super-slimmed-down Chris Christie front and center in the lineup.  No more than we are;  here’s what happened.  Six weeks ago Christie promised himself that if he “lost” a little bit in two months, he would lob the rest of his weight into the ring.  Nobody asked him whether he meant lose a kilo of cannabis, or cocaine, or human fat; or, you know, lost ground politically in New Jersey.  And we’re not sure why losing something is incentive to try and win something, but he swears— a lot— that he lost it;  well, actually he swears he’s just no longer looking for it.

And then there’s citizen Ricky Santorum.

On the left end, a cranky little* Marco Rubio won’t shut up about nothing in particular.  And on the far right end, crippled Verbal Kint look-alike,** Randy Paul, who is still sniggering over that CPAC thing, is currently berating “potheads” that they’ll stop wanting to show up for work if they smoke all the time, annnnnd, they’ll get stupid and lazy and lose IQ points.  But Randy is drawing on real world experience:  remember that “Aqua Buddha” episode with his roomie?  No?  Seriously, NO??

Have you been smoking?

 

 

*  “Not tall enough to be president.” —Mr. Ann Coulter

**  Also “Not tall enough to be president.” —Mr. Ann Coulter

The original Usual Suspects.

Proceedings Of The Senate Fluffer Committee

MOTU Jamie Dimon, enduring a high profile US government inquiry as only a supreme narcissist can   You know, being called to testify before a Senate committee on a matter fraught with danger for one’s career, and perhaps one’s very liberty, would usually have the testifier sweating bullets.  Not so for the man who has been called Wall Street’s most …

Crimes Against The Planet

The World of the Cross   •   Terry Kruger Urantia is the sentimental shrine of all Nebadon, the chief of ten million inhabited worlds… So why is BP allowed to continue to despoil our beautiful planet?  A convicted corporate felon, for decades it has demonstrated a reckless disregard for all life, from the top of the food chain to the …