But do we really need a new oil spill to compete with the existing one, even if it is sponsored by a Senate panel? And government spills are inefficient compared with what private enterprise can accomplish.
Olympus, where the abode of the gods stands firm and unmoving forever, they say, and is not shaken with winds nor spattered with rains, nor does snow pile ever there, but the shining bright air stretches cloudless away, and the white light glances upon it.
— Homer, The Odyssey, Book VI (Richmond Lattimore translation)
RARA TEMPORUM FILICITATE, UBI SENTIRE QUAE VELIS ET QUAE SENTIAS DICERE LICET
Rare is the felicity of the times, when you can think what you like and speak what you think.
— Tacitus, The History, I.i
THE GOLD STANDARD
Lawrence Auster: He has passed on, leaving chronicles of liberal and neo-conservative folly and offering a traditionalist conservative cure.
Belmont Club: Whatever you know about geopolitics, Richard Fernandez and many of his commenters are two steps ahead of you.
Zero Hedge: Everything you need to confirm your worst fears about the economy.
Market Folly: Learn from the hedge fund titans as they gain, or lose, hundreds of millions.
Charles Hugh Smith: "Consumerism is psychological/spiritual junk food ... well-being is increased by everything that cannot be commoditized by a market economy or financialized by a cartel-state financial machine -- friendship, family, community, self-cultivation -- rather than by acquiring more."