February 20, 2009
- Observer or prophet? Bill Quick links to and comments on a post on global banking insolvency and ends with a Karl Marx quote that has me asking that question.
Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and State will have to take the road which will eventually lead to communism.
Eternal recurrence is frightening to see first hand, especially when the cycles happen within a lifetime or two.
- Another link to DP, this time on “Getting Things Done,” which shouldn’t apply to government. I blame David Allen.
- James Joyner has an exhaustive aggregation of posts in response to a story making the rounds about a whiny kineseology major and his sense of entitlement for high marks based on effort. Many, many schools of thought, ranging frm starting from perfect to starting from a zero. I think that what matters more is not so much what “works” for students, rather, the ability to communicate expectations, to follow through on consequences, and to remain consistent. If you curve, then curve. If you don’t, then don’t.
I think I have way too many political blogs on my Google Reader considering that is now the Age Of Obama, and that he is The Won. Time to diversify…