Comments on: Local Hero, unsung hero

By: Adrian Monck

Adrian Monck — Fri, 07 Dec 2012 14:20:14 +0000

Hal Hartley (The Unbelievable Truth, Trust)

By: Mark D

Mark D — Thu, 06 Dec 2012 03:59:11 +0000

wufwugy-I saw “Evil”. Couldn’t remember the title,though. Thanks for reminding me. It was excellent.
You’d probably like “Character” http://www.imdb.com/title/tt0119448

ssumner-How about John Sayles for an underrated director? His movies Matewan; Men with Guns; Lone Star & Limbo were all very good.

By: Nick Rowe

Nick Rowe — Tue, 04 Dec 2012 14:17:31 +0000

Saturos: unfortunately, I tripped on the heather when the charge started, fell flat on my face, and got trampled by the rest of the army. I think that’s me at far right at 1:24:22. But I can’t prove it, since I was wearing a full helmet! http://www.youtube.com/watch?v=eOfI88NKRzY

By: ssumner

ssumner — Tue, 04 Dec 2012 12:35:47 +0000

wufwugy, The Celebration is excellent–he has a new film coming out.

Chargercarl, That’s not correct.

Nick, I was already in awe of you, and now this. Next you’ll be telling me you were a character in Fawlty Towers too!

Saturos, Yup.

By: Morgan Warstler

Morgan Warstler — Tue, 04 Dec 2012 11:44:35 +0000

“I’m fond of reminding PIMCO’s Investment Committee that you can’t buy GDP futures – at least not yet.”

http://www.pimco.com/EN/Insights/Pages/Strawberry-Fields-Forever.aspx

By: Saturos

Saturos — Tue, 04 Dec 2012 08:42:10 +0000

Nick, wow awesome, did you get to meet any of the Pythons?

Can anyone spot Nick in this clip?
http://www.youtube.com/watch?v=AA0xZv0Hx9g

Is he one of those getting arrested?

By: Scott Sumner on Hillary Clinton « Thought du Jour

Scott Sumner on Hillary Clinton « Thought du Jour — Tue, 04 Dec 2012 08:38:14 +0000

[...] Sumner, “Local Hero, unsung hero“, The Money Illusion, 3 December [...]

By: Saturos

Saturos — Tue, 04 Dec 2012 08:36:30 +0000

And by biohazards I mean things much scarier than the bird flu, which is scary enough as it is.

By: Saturos

Saturos — Tue, 04 Dec 2012 08:35:28 +0000

Scott and Scott, there’s also climate change, global food security, nuclear weapons, and for those taking a far view, biohazards, nanohazards, and the Singularity…

By: Bonnie

Bonnie — Tue, 04 Dec 2012 07:02:57 +0000

Benjamin Cole:

Title 12 USC Section 242:

“…Upon the expiration of the term of any appointive member of the Federal Reserve Board in office on August 23, 1935, the President shall fix the term of the successor to such member at not to exceed fourteen years, as designated by the President at the time of nomination, but in such manner as to provide for the expiration of the term of not more than one member in any two-year period, and thereafter each member shall hold office for a term of fourteen years from the expiration of the term of his predecessor, unless sooner removed for cause by the President.”

Fed independence is an illusion when the members of the BoG can be removed by the POTUS. The Full Employment and Balanced Growth Act also provides a legal obligation for the Fed to cooperate with the political system instead of running at cross purposes – all that is needed is for Obama to enforce it so we can stop with the tail wagging the dog. I mean really, this episode with the Fiscal Cliff is really just a result of the Fed having wandered off the reservation and it seems rather embarrassing.