Wednesday, March 30, 2011

Alan the Sheep-Bleeper

In case you haven't seen it:
With notably rare exceptions (2008, for example), the global “invisible hand” has created relatively stable exchange rates, interest rates, prices, and wage rates.
That would be who?  Why, Alan Greenspan, who, after steering the ship of state into an iceberg, unaccountably did not retire to a monastery for a life of fasting and prayer.  No, he's back lecturing us on economic management and even more unaccountable, actually finding a public forum.   Henry Farrell salutes him for a "sublime combination of supreme self-confidence and utter cluelessness," but recognizes the remark as true in the sense of  “With notably rare exceptions, Russian Roulette is a fun, safe game for all the family to play.”

Or as a wise man (not Alan Greenspan) once said--"but if you bleep just one sheep!"  Oh, go look it up yourself.

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