Thursday, November 26, 2009

Don't say Grace...

...say Justice.

I am busy and have nothing to say that Craig Biddle hasn't already said pretty damn well.

The religious tradition of saying grace before meals becomes especially popular around the holidays, when we all are reminded of how fortunate we are to have an abundance of life-sustaining goods and services at our disposal. But there is a grave injustice involved in this tradition. It is the injustice of thanking an alleged God for the productive accomplishments of actual men.

Go read the rest.

Happy Thanksgiving.


Sunday, November 15, 2009


I'd like to issue a retraction.


Saturday, November 7, 2009

Freddie Mac (still) Hemorrhaging Money

Freddie Mac lost $6.8 billion in the third quarter of this fiscal year. They consider themselves in decent shape because, for the second straight quarter, they've lost billions of dollars but not so many billions of dollars that they needed a "federal cash infusion" (read: stolen tax dollars). They've already received $51 billion since September 2008. Fannie Mae asked for another $15 billion a couple of days ago. Both of these entities own or guarantee half of the mortgages in this country.

Sometimes I feel like Francis Dolarhyde: "Do you see? DO YOU SEE?!" Are people really that blind to the crucial intersection of morality and economics? Tragically (though not surprisingly), all evidence points to "yes".

Brace yourselves, kids. It is still early. And it will get uglier.