Exactly. The demonstrative effect here can not be understated. When economists mention the CRA, they aren’t saying Carter caused the collapse in 2008, or whatever party loyalists hear when they see that. The CRA is instantly dismissed as unimportant, as 1977 was a long time ago, and this couldn’t have happened because of just that.Continue reading “Redditor Posts Dissertation on Causes of the Great Recession”
Category Archives: OldStuff
L.A. Noire — James Ellroy Meets Grand Theft Auto
Stan Cornyn in Studio with Sinatra
I’ve been meaning to post this for a while now. This is a classic photo of my dad, the great Stan Cornyn, pretending to look busy in a recording studio with Frank Sinatra. Cornyn is the photogenic fellow with glasses and necktie. Come to think of it, this is one of the few times I’veContinue reading “Stan Cornyn in Studio with Sinatra”
Bob Biniak R.I.P.
Bob Biniak was someone I’ve known since I was probably twelve years old. You can read in my DogTown book how we first met–it would not be appropriate to include it here. But as his wife said in her note to some of his personal friends thursday afternoon: “Bobby loves Life and lived more inContinue reading “Bob Biniak R.I.P.”
The Government’s Prohibition Poison Program
It was Christmas Eve 1926, the streets aglitter with snow and lights, when the man afraid of Santa Claus stumbled into the emergency room at New York City's Bellevue Hospital. He was flushed, gasping with fear: Santa Claus, he kept telling the nurses, was just behind him, wielding a baseball bat. via The little-told storyContinue reading “The Government’s Prohibition Poison Program”
QuantumTom 