Sung to the tune of

Frère Jacques

Are you dipping? Are you dipping?
GDP,GDP
Closing Bells cause weeping, closing bells cause weeping
Darn,dang,darn Darn,dang,darn

BaggageBot

A little flatbed bot, electrical, designed to roll to the store with you.  It follows your smart phone.  Walk it to the store, and it remain secure while you shop.

Core and Volatile Prices

Both trending down?
Mutual entropy between energy and core has been low.  Energy is running a shorter supply line, fewer stages.  Likely one  less rank than core.  Money eventually figures it out.

What do I mean by mutual entropy?  Truck drivers who notice the truck stop is nearly empty.  Hotel managers dealing with large number of vacancies, shorter lines at SaveMart.   We are queue managers, mathematically, that is the calculation if PSST is the theory.  We find sustainable patterns by matching flows, input to output.  We get the right product sizes and sales frequency; which gets the magic ratio of inventory reserves.

The WalMart Theory of economics. 

Welcome to Second Dip

For the next 60 years economists in DC will tell us,'If only I had been the elite in charge"
And, as a bonus, Jerry Brown's new found $9 billion is gone up in smoke.

Robert Reich is from another planet

Washington D.C. Is on a Different Planet from the United States of America

Brad reviews Roberts latest rant from Washington DC. Why is Washington DC our savior? Because Robert Reich is there, he worked there his career is there. If we remove the Robert Reichs from the equation, then we have many possibilities to reorganize the states and obtain the stimulus we need from regional government organizations. But we cannot do that, the Krugman's and Reich's won't let us. They will not tolerate any government stimulus unless it comes from Washington DC. These two idiots have one claim, Washington DC must stay the same, they don't know any better.

Better samples, better correlation coefficient

Dr. Matt Mitchell of the Mercatus Center gives us this chart relating the reliance on volatile progressive taxes and a states bugdet gap.
Two complaints.  States are an odd statistical samples, they vary as much as geese vary from tigers.   Second, the linear regression has such a low correlation coefficient it is useless.
I have made this complaint about cross section state studies, they sucks because we have counties in California that have twice the budget of some states.

One more time

This is the spread of rates over time.  The 20 year, 10 year, 2 year, etc Treasury yields over time.  What does it tell you?  There has been a march down in overall yields for the last 20 years.  The fiscal multiplier for Congress has sunk to less than one as Congress has bailed out one group after another.

Fiscal and monetary multiplier in Washington DC are useless.  We have counted down as far as we can with the existing structure, now it is time to restructure.

The American metaphor: Who is Germany and who is Greece

American economists debate, and my own opinion is shifting.

If we define Greece as a country whose main industry is government, then Washington DC and Wall Street are Greece. That makes California into Germany, the middle class which pays the bills.

Governor succumbs to delusion

TRENTON, N.J. (AP) - Criticism started coming in like fast balls Wednesday over New Jersey Gov. Chris Christie's use of a state helicopter to fly him to his son's high school baseball game.KBOI

Entanglement, the politician gets absorbed in the delusion. To see the delusion, imagine the son's dilemma when discovers his baseball game cost his dad's career.

How long would a President Palin last before she is passing out Red State Welfare, sending Californian the bill and calling it small government?

Iranian Belt Bombers on their way

Iranian Ayatollah endorses evil: Radical religious cleric known as President Ahmadinejad's spiritual mentor says attacks on Israeli civilians permissible, suicide bombings a Muslim duty. YNET

We need a belt bomber olympics, Pakistan vs Iran.