This blog is no longer being updated regularly – I’m now posting my analytics thoughts to Webmetricsguru.com and occasionally to http://www.theanalyticsguru.com – however, I don’t have the heart to delete this blog – so it’ll remain in place, for now.
Occurred to me, while reading Paul Krugman’s blog post on Cars (which references another from Jonathan Cohn) that the main falacy of those, mainly Republicans, who want to let the Auto Industry collapse, is not, that the Automaker’s deserve what they get … but .. that we’re operating in a Free Market.
Here, read this:
“… Critics of a bailout note, rightly, that bankruptcy isn’t simply about giving distressed companies financial protection to get through rough patches. It’s also about letting the free market do its work–about forcing inefficient companies to reorganize or, failing that, to make way for others. If the government spares Detroit from failure, the government might end up supporting obsolete companies while rewarding both management and labor for their oafish behavior.”
I’ve noticed, sometimes, that any idea, any argument, notion, can be used to support multiple outcomes – for example, the Auto Industry could easily deserve to fail – and if you use two dimentional thinking – that’s the conclusion you’d come to.
On the other hand, when taking that argument about the Free Market and Automakers deserving to fail with the other things that will now happen as they fail – an entirely different picture is painted .. like this one:
“… Restaurants, gas stations, hospitals, and then cities, counties, and states–all of them would feel pressure on their bottom lines. A study just published by the Michigan-based Center for Automotive Research (CAR) predicted that three million people would lose their jobs in the first year after such a Big Three meltdown, swelling the ranks of the unemployed by nearly one-third nationally and leading to hundreds of billions of dollars in lost income. The Midwest would feel the effects disproportionately, but the effect would reach into every community with a parts supplier or factory–and, to a lesser extent, into every town and city with a dealership. In short, virtually every community in the country would be touched.”
Now, bear in mind, 3 million people out of work in the next year, additional to the 6.5% unemployment rate we have now would put us above 8.5% unemployment, maybe a bit more since a lot of other industries are hurting, not to mention city and state goverments.
That’s why I’m of the belief that rational, sound thought, comes out of an chain of ideas, not slavishly holding to any one of them.
Obama can’t wait until Jan. 20 to weigh in on this. If we don’t stimulate the global economy fast enough and big enough, some of Obama’s inaugural balls might be held in soup kitchens.
When President Bush told us to go shopping after 9/11, he was right. We needed to stimulate the economy then. The problem was that the Bush economic team never turned off the green light and told people to “go saving.” So with easy credit seemingly endlessly available, American consumers saved virtually nothing and bid up housing prices to record levels. Retailers expanded stores and China expanded factories to accommodate all the shopping. It was quite a party. We had banks in America giving mortgages to people whose only qualification “was that they could fog up a knife,” one mortgage broker told me.”
In this situation we find ourselves, we have to think out of the box – sometimes, that’s difficult to do, but that’s why we’re getting rid of the old crop of leaders, because they were not able to.
And let’s face it, didn’t the Republican‘s get elected based on appealing to primitive emotions and the Reptilian Brain? If you don’t believe me, read this old post of mine Power of Pervasive Subliminal Advertising and bear in mind that one of the problems with the Reptilian Brain is that it can not process complex emotions and situations – which is why it clings to only one idea at a time or strings together ideas that don’t really belong together, as John McCain‘s campaign did.
Today, using a modern mind, fully in touch with reality, you’ve got to look past taking a single point of view. Ask yourself if saving 3 million jobs isn’t better than the alternatives we’re presented with.
And let’s not even get into why we’re in the situation which the collapsing World Economy – we’ll have enough time to remember the “good old days” for the next couple of years, while world from sinking into a Global Depression.
“….An unspoken theme I saw through the three days here was control: those who had it losing it and not knowing what to do, not understanding that — according to Jarvis’ First Law — today, when you give up control, you win. That, to me, is the fundamental change occurring here. I am in the midst of those who control and they must learn, according to David Weinberger’s Corolary, that there is an inverse relationship between control and trust.”
I have to admit, giving up control, transparency, is hard, both in Local, National, International politics and policy, and even in our individual lives – I know that I have the same issues, personally – but wrote very obliquely about it in Rainy Cloudy Sketches in Art New York City today – and sometimes, I’ve had a problem understanding what rules to apply, where.
Here’s also, Jeff Jarvis’s view from Dubai from his hotel room, a few days ago, just a thought, to add “local color” .
It was a long and packed line at the voting area this morning; I think the results for Barack Obama are going to surpass what most predicted, but we’ll see in about 6 hours.
Anyway, a lot has been said about John McCain’s (forked) tongue, and some pretty funny photos and animations are at http://blog.wfmu.org/freeform/2008/photoshop-conte.HTML
Btw, got the tip about McCain’s Tongue from Boing Boing.
So…. now Karl Rove has made a prediction – is that, more or less, it?
I think we all suspected the Ohio vote was hijacked -
I left these two videos off Webmetricsguru.com, but wanted to put them somewhere – so I figure, while Webmetricsguru writes about Analytics, Social Media and Art, The Analytics Guru can write about anything – which is a good reason to keep this blog up, rather than fold it into Webmetricsguru.com.
Here’s Sarah Palin’s Saturday Night Live Appearance (Video)- they’re painfully funny – though I noticed, and feel, Sarah Palin doesn’t really believe, just my gut feeling, that her ticket is going to win – she somehow seems a little less enthusiasticand present – almost as if she’s been given some lines to read (by McCain‘s campaign managers) and she’s just going through the motions.