If there is anything you can do or dream you can, begin it. Boldness has genius, power and magic in it. Begin it now. --- Goethe
Tuesday, January 27, 2009
David Korten
Friday, January 23, 2009
Työttömyys uhkaa
Wednesday, January 21, 2009
Time To Grow Up
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Uusi presidentti ja uusi vuosituhat
Tuntuu silta kuin uusi vuosituhat olisi juuri nyt (vasta) alkanut. Viimeiset kahdeksan vuotta olivat paluuta keskiajalle; tuolle pimealle, uskomusten, pelon ja tunteiden aikakaudelle. Rationalismi on taas muotia. Jarki, logiikka, keskustelu ovat pinnalla. Amerikan uusi kevat koittaa. Riittavatko rahkeet enaa - se on tulevaisuuden kerrottavissa.
--- T
Sunday, January 11, 2009
Sanomalehti katoaa
Thursday, January 08, 2009
Luonnonmullistuksia Washingtonissa
Wednesday, January 07, 2009
Keynes vs. Friedman
Paul Krugman writes that we may well be getting into the Great Depression II. This is troubling news. It will depend on how well and how smartly Congress will work together with President Obama in the coming weeks. This is indeed a challenge, as we all know how poorly Congress has learned to work together in the past. In fact, they have been so incredibly short-sighted and self-serving that it is a small miracle the government is still functional (well, sort of).
Krugman compares Milton Friedman's economic principles to those of John Maynard Keynes. It is very interesting to me in light of reading Naomi Klein's book, The Shock Doctrine. I hope we can all say goodbye and adios to Mr. Friedman for good. Below is a quote from Krugman's text.
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Friedman’s claim that monetary policy could have prevented the Great Depression was an attempt to refute the analysis of John Maynard Keynes, who argued that monetary policy is ineffective under depression conditions and that fiscal policy -- large-scale deficit spending by the government -- is needed to fight mass unemployment. The failure of monetary policy in the current crisis shows that Keynes had it right the first time. And Keynesian thinking lies behind Mr. Obama’s plans to rescue the economy.
News reports say that Democrats hope to pass an economic plan with broad bipartisan support. Good luck with that...
In reality, the political posturing has already started, with Republican leaders setting up roadblocks to stimulus legislation while posing as the champions of careful Congressional deliberation -- which is pretty rich considering their party’s behavior over the past eight years.
More broadly, after decades of declaring that government is the problem, not the solution, not to mention reviling both Keynesian economics and the New Deal, most Republicans aren’t going to accept the need for a big-spending, F.D.R.-type solution to the economic crisis.
The biggest problem facing the Obama plan, however, is likely to be the demand of many politicians for proof that the benefits of the proposed public spending justify its costs -- a burden of proof never imposed on proposals for tax cuts.
Sunday, January 04, 2009
Visiting Finland
It is freezing cold with very little snow here. People are bundled up and I have re-learned how to do it as well. It gets dark early and sun rises late. Even at midday it seems quite gloomy. No wonder people learn to be tough and speak rarely. I see a magpie and a greater titmouse outside looking for food. Mother listens to Englerbert Humperdinck: The Way It Used To Be.
Saturday, January 03, 2009
Divide And Conquer
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...But America in 1993 was a very different country — not just a country that had yet to see what happens when conservatives control all three branches of government, but also a country in which Democratic control of Congress depended on the votes of Southern conservatives. Today, Republicans have taken away almost all those Southern votes — and lost the rest of the country. It was a grand ride for a while, but in the end the Southern strategy led the G.O.P. into a cul-de-sac.
Mr. Obama therefore has room to be bold. If Republicans try a 1993-style strategy of attacking him for promoting big government, they’ll learn two things: not only has the financial crisis discredited their economic theories, the racial subtext of anti-government rhetoric doesn’t play the way it used to.
Almost Kidnapped
A little girl was almost kidnapped by a bum at a McDonald's in Olympia. A restaurant worker stopped the man and saved the 8-year old girl and her 12-year old brother. And she saved us from reading horrific news about two lost children. But where was the children's mother? According to the story she was stuck in a snow bank somewhere... for several hours. Yes, it can happen, but then why not ask for someone's help and not let your kids sit at McDonald's for three hours without any adult supervision? Good thing the restaurant didn't throw them out for loitering. See story below.
--- T
kidnapping
Friday, January 02, 2009
Happy New Year
Can't wait to see...
In the meantime I will plant an apple tree.
--- T