The Republican Rulebook

Republican Rule Book

Pretty on-point. Throw in some disdain for the moocher-parasite class and you’re set.

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When Privacy Jumped The Shark

Edward Snowden

The Article: When Privacy Jumped The Shark by Frank Rich in New York Magazine.

The Text: Here’s one dirty little secret about the revelations of domestic spying at the National Security Agency: Had Edward Snowden not embarked on a madcap escape that mashed up plot elements from Catch Me If You Can, The Fugitive, the O.J. Bronco chase, and “Where in the World Is Matt Lauer?,” the story would be over. The leaker’s flight path, with the Feds and the press in farcical flat-footed pursuit, captured far more of the public’s attention than the ­substance of his leaks. That’s not his fault. The public was not much interested in the leaks in the first place. It was already moving on to Paula Deen.

At first blush, the NSA story seemed like a bigger deal. The early June scoops in the Guardian and the Washington Post were hailed universally as “bombshells” and “blockbusters” by the networks. America’s right and left flanks were unified in hyperventilating about their significance: Rand Paul and The Nation, Glenn Beck and Michael Moore, Rush Limbaugh and the Times editorial page all agreed that President Obama had presided over an extra­ordinary abuse of executive power. But even as Daniel Ellsberg hailed the second coming of the Pentagon Papers, the public was not marching behind him or anyone else. The NSA scandal didn’t even burn bright enough to earn the distinction of a “-gate” suffix. Though Americans were being told in no uncertain terms that their government was spying on them, it quickly became evident that, for all the tumult in the media-political Establishment, many just didn’t give a damn.

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How To Swear Religiously

How do you use your Lord and Savior’s name (or lack thereof) in vain? Personal favorite: “Jesus Not The Messiah Christ”.

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Morgan Freeman On Racism

Morgan Freeman Racism

Hollywood’s go-to voice of God puts his thoughts on race on display–do you agree?

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Econ 101 Is A Sham

Alan Greenspan

The Article: Econ 101 is killing America by Robert Atkinson and Michael Lind in Salon.

The Text: In the Middle Ages, people looked to the Church for certainty. In today’s complex, market-based economies, they look to the field of economics, at least for answers to questions concerning the economy. And unlike some disciplines, which acknowledge that there’s a huge gap between the scholarly knowledge and policy advice, economists have been anything but shy about asserting their authority.

As we can see from the current dismal state of economic affairs, economies are incredibly complex systems, and policymakers who are forced to act in the face of this uncertainty and complexity want guidance. And over the last half century, neoclassical economists have not only been more than happy to offer it, but largely been able to marginalize any other disciplines or approaches, giving them a virtual monopoly on economic policy advice.

But there are two big problems with this. First, despite economists’ calming assurances, we still know little about how economies actually work and the effect of policies. If we did, then economists should have sounded the alarm bells to head off the financial collapse and Great Recession. But even more problematic, even though most economists know better, they present to the public, the media and politicians a simplified, vulgar version of neoclassical economics — what can be called Econ 101 — that leads policymakers astray. Economists fear that if they really expose policymakers to all the contradictions, uncertainties and complications of “Advanced Econ,” the latter will go off track — embracing protectionism, heavy-handed “industrial policy” or even socialism. In fact, the myths of Econ 101 already lead policymakers dangerously off track, with tragic results for the economy and everyday Americans.

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