Recent posting

Zoulapia

• 24.12 Quote of the Day: Fables

  Quoth David Willey of BBC news

  The priest said he had never intended to hurt anyone, but it was his duty to distinguish the reality of Jesus from the story of Father Christmas which was a fable just like Cinderella or Snow White.

  The Irony! It burnssss

• 21.12 Quote of the day: Knowledge before Expertise

  Quoth Isaac Puente

  We are asked from the outset to come up with a flawless system, to guarantee that things will work this way and not that, without mishap or error. If learning to live had to be done this way, then our apprenticeship would never end. Nor would the child ever learn to walk, nor the youngster to ride a bicycle.

  This is a classic gripe I have with people inquiring or criticizing communism with me. They ask me to provide a perfect answer for every question they have, and when they can think of holes in my replies, they ask more. If I refuse to keep playing this game, they point this out as proof of an obviously poor-thought system.

  
• 18.12 Quote of the Day: Herd Instinct of the Markets

  Quoth the International Marxist Tendency

  Just as the wildebeest can scent a lion, the markets can scent the imminence of a recession. The prospect of a recession is the real cause of the panic. Once this happens, nothing can stop it. All the speeches, all the interest rate cuts, and all the handouts to the banks, will have no effect on the financial markets. They will see that the governments and central banks are afraid, and they will draw the necessary conclusions.

  The rest of the article is interesting to see the Marxist perspective albeit a bit too propagandistic for my tastes. Still this quote was quite insightful.