Comments on: Nanny Nation: NYT/Freakonomics Review http://www.ritholtz.com/blog/2009/07/nanny-nation-nytfreakonomics-review/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:38:31 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: willid3 http://www.ritholtz.com/blog/2009/07/nanny-nation-nytfreakonomics-review/comment-page-1/#comment-191722 willid3 Fri, 10 Jul 2009 01:51:22 +0000 http://www.ritholtz.com/blog/?p=31606#comment-191722 i Franklin is correct, cause there have been more than a few instances of that bailout thing going back as far as the 1800s when we bailed out the railroads. not sure about before that though and i suppose one could also count things like tea pot dome scandal. and some of the automakers (at least Ford that I know of) that had factories in Germany got paid by our government because they got bombed. how stupid was that? and there were a few (American) oil companies that were selling oil to Germany in WW2 also. i Franklin is correct, cause there have been more than a few instances of that bailout thing going back as far as the 1800s when we bailed out the railroads. not sure about before that though

and i suppose one could also count things like tea pot dome scandal.

and some of the automakers (at least Ford that I know of) that had factories in Germany got paid by our government because they got bombed. how stupid was that?

and there were a few (American) oil companies that were selling oil to Germany in WW2 also.

]]> By: CNBC Sucks http://www.ritholtz.com/blog/2009/07/nanny-nation-nytfreakonomics-review/comment-page-1/#comment-191677 CNBC Sucks Thu, 09 Jul 2009 22:59:39 +0000 http://www.ritholtz.com/blog/?p=31606#comment-191677 Douglas Watts, welcome back. I thought you were going to "mind the progressive store" on this blog, but you disappeared and The Great CNBC Sucks had to stick around. I can't depend on you, Wunsacon, VennData, or Marcus Aurelius (MA is a lone wolf anyway)...and franklin is a useless liberal, not a progressive. Do we need a signup sheet or something to make sure someone is available? We can't leave the more neutral Democrats and independents on this blog to be eaten up by Libertarians. Douglas Watts, welcome back. I thought you were going to “mind the progressive store” on this blog, but you disappeared and The Great CNBC Sucks had to stick around. I can’t depend on you, Wunsacon, VennData, or Marcus Aurelius (MA is a lone wolf anyway)…and franklin is a useless liberal, not a progressive. Do we need a signup sheet or something to make sure someone is available? We can’t leave the more neutral Democrats and independents on this blog to be eaten up by Libertarians.

]]> By: Douglas Watts http://www.ritholtz.com/blog/2009/07/nanny-nation-nytfreakonomics-review/comment-page-1/#comment-191648 Douglas Watts Thu, 09 Jul 2009 21:42:44 +0000 http://www.ritholtz.com/blog/?p=31606#comment-191648 <i>Barry — being endorsed by the New York Times is definitely a mixed blessing…. at least it’s a blog vs the Grey Lady’s suitable-for-puppy-training edition.</i> Oh please. First, a favorable book review (ie. one that says "this is worth reading") is not an endorsement by the NYT editorial board. Book reviews are "endorsements" by a newspaper only in the sense that a favorable restaurant or automobile review is an endorsement. The "mixed blessing" jibe necessarily implies that the NYT must always be wrong on all things -- and never right. While I might often disagree with ... say ... the WSJ editorial page ... I wouldn't reconsider my position on the Earth orbiting the Sun just because the WSJ also says it does. Barry — being endorsed by the New York Times is definitely a mixed blessing…. at least it’s a blog vs the Grey Lady’s suitable-for-puppy-training edition.

Oh please. First, a favorable book review (ie. one that says “this is worth reading”) is not an endorsement by the NYT editorial board. Book reviews are “endorsements” by a newspaper only in the sense that a favorable restaurant or automobile review is an endorsement.

The “mixed blessing” jibe necessarily implies that the NYT must always be wrong on all things — and never right. While I might often disagree with … say … the WSJ editorial page … I wouldn’t reconsider my position on the Earth orbiting the Sun just because the WSJ also says it does.

]]> By: tawm http://www.ritholtz.com/blog/2009/07/nanny-nation-nytfreakonomics-review/comment-page-1/#comment-191595 tawm Thu, 09 Jul 2009 19:48:18 +0000 http://www.ritholtz.com/blog/?p=31606#comment-191595 Barry -- being endorsed by the New York Times is definitely a mixed blessing.... at least it's a blog vs the Grey Lady's suitable-for-puppy-training edition. Barry — being endorsed by the New York Times is definitely a mixed blessing…. at least it’s a blog vs the Grey Lady’s suitable-for-puppy-training edition.

]]> By: CNBC Sucks http://www.ritholtz.com/blog/2009/07/nanny-nation-nytfreakonomics-review/comment-page-1/#comment-191565 CNBC Sucks Thu, 09 Jul 2009 18:51:16 +0000 http://www.ritholtz.com/blog/?p=31606#comment-191565 Ritholtz, what Hoffer and franklin are actually agreeing on - if you can believe it - is that your whole country is a bailout. You don't really think you are paying only $0.07 cents per kilowatt-hour for nuclear power, do you? You don't really think gas is only $3 a gallon, do you? Our whole economic system of so-called "free enterprise" buries as much of its actual costs under the rug in externalities and the national debt. To maintain the world economic status quo, hell, we even store France's nuclear waste in South Carolina and protect Japan's oil with our Fifth and Seventh Fleets. Since at least LBJ, the American brand of capitalism and democracy has not actually worked, but to this point, we are able to maintain the facade of success and bury all of OUR shortcomings in the national debt and printed money. So why the hell didn't you write about this before 2009? Ritholtz, what Hoffer and franklin are actually agreeing on – if you can believe it – is that your whole country is a bailout. You don’t really think you are paying only $0.07 cents per kilowatt-hour for nuclear power, do you? You don’t really think gas is only $3 a gallon, do you? Our whole economic system of so-called “free enterprise” buries as much of its actual costs under the rug in externalities and the national debt. To maintain the world economic status quo, hell, we even store France’s nuclear waste in South Carolina and protect Japan’s oil with our Fifth and Seventh Fleets. Since at least LBJ, the American brand of capitalism and democracy has not actually worked, but to this point, we are able to maintain the facade of success and bury all of OUR shortcomings in the national debt and printed money.

So why the hell didn’t you write about this before 2009?

]]> By: franklin411 http://www.ritholtz.com/blog/2009/07/nanny-nation-nytfreakonomics-review/comment-page-1/#comment-191561 franklin411 Thu, 09 Jul 2009 18:35:03 +0000 http://www.ritholtz.com/blog/?p=31606#comment-191561 Congrats on the positive PR, Barry! I still think you're blind to the fact that this country has bailed people and companies out since 1776, though. It has only been a question of what people and what companies receive bailouts. Congrats on the positive PR, Barry! I still think you’re blind to the fact that this country has bailed people and companies out since 1776, though. It has only been a question of what people and what companies receive bailouts.

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2009/07/nanny-nation-nytfreakonomics-review/comment-page-1/#comment-191519 Mark E Hoffer Thu, 09 Jul 2009 15:43:54 +0000 http://www.ritholtz.com/blog/?p=31606#comment-191519 as always, *History is a multi-faceted Jewel. With that, we've, yet, to create enough Paper, on which, to Transcribe all of its salient characteristics.. "It all ended on August 15, 1971, when Nixon closed the gold window and refused to pay out any of our remaining 280 million ounces of gold." http://www.dailyreckoning.com.au/ron-paul-gold/2007/06/01/ http://www.thefreedictionary.com/Jewel LSS: the Trail leads back to The Federal Reserve, its phony Notes, and the Treasonous 'Politicians' that are bought by them.. as always, *History is a multi-faceted Jewel. With that, we’ve, yet, to create enough Paper, on which, to Transcribe all of its salient characteristics..

“It all ended on August 15, 1971, when Nixon closed the gold window and refused to pay out any of our remaining 280 million ounces of gold.”
http://www.dailyreckoning.com.au/ron-paul-gold/2007/06/01/

http://www.thefreedictionary.com/Jewel

LSS: the Trail leads back to The Federal Reserve, its phony Notes, and the Treasonous ‘Politicians’ that are bought by them..

]]> By: Bruce N Tennessee http://www.ritholtz.com/blog/2009/07/nanny-nation-nytfreakonomics-review/comment-page-1/#comment-191496 Bruce N Tennessee Thu, 09 Jul 2009 14:48:20 +0000 http://www.ritholtz.com/blog/?p=31606#comment-191496 http://finance.yahoo.com/tech-ticker/article/276589/Budget-Crisis-%22Embarrassing%22-But-Businesses-Aren't-Fleeing-California-Economist-Says Budget Crisis "Embarrassing," But Businesses Aren't Fleeing California, Economist Says ...Let us remember a time long long ago, (last September), when this whole mess started and the pundits noted that restuarant meals had not fallen off...this was early in the crash..."We are a nation that must eat out now"...so went the talking head wisdom... ...I wonder if this fellow is just to early in the California business bust cycle...he is after all looking at studies down in the recent past, but nonetheless in the past... http://finance.yahoo.com/tech-ticker/article/276589/Budget-Crisis-%22Embarrassing%22-But-Businesses-Aren‘t-Fleeing-California-Economist-Says

Budget Crisis “Embarrassing,” But Businesses Aren’t Fleeing California, Economist Says

…Let us remember a time long long ago, (last September), when this whole mess started and the pundits noted that restuarant meals had not fallen off…this was early in the crash…”We are a nation that must eat out now”…so went the talking head wisdom…

…I wonder if this fellow is just to early in the California business bust cycle…he is after all looking at studies down in the recent past, but nonetheless in the past…

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