QEII is not just a luxury liner or deconstructing dorothy

National Public Radio's Democracy Now! posits in an interview with economist Professor Joseph Stiglitz that the US Federal Reserve's latest round of quantitative easing is an act of aggression--though possibly less familiar than more traditional methods of hostility like invasion, religion, piracy, regime-change and building up banana republics, skirmishes surrounding devaluation, igniting currency-wars, have happened before, perhaps most famously after the Great Depression of the 1930s that erupted into World War II. It is rather insidious that loose credit, transnationally at least but banks are no more eager to lend to regular customers, awash in cheap dollars when more hoarding is necessary to retain any semblance of value, can be hewn into weapons, and that the hottest commodity being produced, at least in places where the shell game of government debt is ran by the central banks, is bonds--i.e., debt.

Response will be in kind. The Wonderful Wizard of Oz, always a quirky non sequitur, too, was a complicated if not sometimes opaque allegory, railing against notions of money by government fiat. Maybe when it premiered, audiences who had read the book groaned at a thinly veiled economic policy critique turned into a theatrical production but I am sure such underlying messages were quickly lost in the spectacle of Technicolor. Maybe poverty is meant to be memorialized as a perennial favourite like this, a more welcome survivor and witness than the realities of contraction and hyper-inflation.

ornithopter or kid icarus

The aerodynamics of the American economy many individuals, and not just those solely concerned with the next boom and bust cycle or their own portfolios, have declared a dangerous drag on the world's financial health. American enterprise and innovation, somewhat shrouded in mystique and mythos like the notion of American exceptionalism, have been repackaged and resold over and over again, exhausted like a field over-farmed and never allowed to fallow--until only the service job-set, from brokers and financial advisors to hotels and restaurants to traders, are the only businesses going. Being ravenous from the easy, non-committal profits from trafficking and spell-binding in exotic financial instruments on speculation and forgiving credit, has successfully driven the US out of manufacturing and any meaningful industry. The stock market is not the same as the market place, and there is ample evidence that this too can thrive with a bit of diligence and discipline, because the gradient for honest commerce is still sustainable, but the Americans may end up excluding themselves, desiccating their wealth and not be the world's bursar any longer, with sufficient quantitative-easing and policies that undercut the natural equilibrium of others. Aside from losing the US consumer as a potential customer, the escalating panic of free-fall will snatch out for any support it can reach, beggar-thy-neighbour, and throw down possible cushions for the hard landing.

pharmacokinetics or better living through chemistry

Before repairing to bashing the industrial standards of Asian maunfacturers for toothpaste with high lead-content, and eliding over our own thiftiness for going with the lowest bidder in the first place, the Western world makes and has made for decades quite enough poisonous products all on its own.  One piece that rather made my skin crawl and left me shuddering for the checkout girl where H and I went shopping just a little bit earlier concerned studies showing that Bisphenol A leeches from thermal-receipt paper through the skin and into the body just from casual handling.  It's nearly as devastating as the formaldehyde that leaks out of new furniture and carpeting.

Though Bisphenol A (BPA) has been synthesized since the 1930s, more familar as the acetone in finger-nail polish remover and paint-thinner--what a compliment to one's home chemistry set--it has never been proven safe, and the substance, ubiquitous and seemingly innocent, sparks the occasional uproar, like not practicing microwave cookery in microwave-safe plastic containers, PVC piping, and because it mimicks estrogen and acts as a replacement for the hormone, it has been attributed to a wide range of disorders that could  seem to have no other explanation, like frequency of breast cancer, premature birth, liver disfunction and even obseity and attention deficiency.  Even places, like the European Union and Canada, that have enacted restrictions against environmental BPA probably are not looking to their cash registers yet.  In Germany, one's receipts are forced on one or left to gather as trash at the end of the shopping conveyor belt, but there was a trend that's gone away not to handle money, at least not to put change in the customer's hand but offer it up on such a tray.  Surely the thermal printer and point-of-sale cartels could be convinced to employ safer means.  Next time, everyone should refuse a printed receipt, when it's not needed, and tell the cashier exactly why.

trojan horse

Results of the investigations were not completely clear and I was under the false impression that a gun powder black ink-jet was the latest cachet noir in concealing terror paraphernalia, but earlier in the week, it was disclosed that the suspected couple of mad bombers from Greece hid their postal bombs in hollowed out charity brochures. This technique, and fortunately falling just short of their targets and without causing serious harm, delivered explosives to the doorsteps of embassies, chancellors and presidents and blockaded all Greek commercial shipping for a few days. Using some innocuous religious books as disguises was a work of diabolical genius, wily like Odysseus: no one would look twice at a load of Watch Tower magazines or Hare Krishna pamphlets. I am sure that spy or terror networks of all ilk make scatter-shot announcements through equally bland and insipid spam and junk mail, and no one would give it a second glance, and hiding in plain sight like the purloined letter and unlike numbers stations or other more lively red herrings.