President Bush's pick for attorney general called the interrogation
technique known as waterboarding a "repugnant" practice Tuesday, but
again refused to say whether it violates U.S. laws banning torture. CNN
Einstein dies and goes to heaven. At
the Pearly Gates, Saint Peter tells him, “You look like Einstein, but
you have NO idea the lengths that some people will go to sneak into
Heaven. Can you prove who you really are?”
Einstein ponders for a few seconds and asks, “Could I have a blackboard and some chalk?”
Saint Peter snaps his fingers and a
blackboard and chalk instantly appear. Einstein proceeds to describe
with arcane mathematics and symbols his theory of relativity.
Saint Peter is suitably impressed. “You really ARE Einstein!” he says. “Welcome to heaven!”
The next to arrive is Picasso. Once again, Saint Peter asks for credentials.
Picasso asks, “Mind if I use that blackboard and chalk?”
Saint Peter says, “Go ahead.”
Picasso erases Einstein’s equations and sketches a truly stunning mural with just a few strokes of chalk.
Saint Peter claps. “Surely you are the great artist you claim to be!” he says. “Come on in!”
Then Saint Peter looks up and sees
George W. Bush. Saint Peter scratches his head and says, “Einstein and
Picasso both managed to prove their identity. How can you prove yours?”
George W. looks bewildered and says, “Who the fuck are Einstein and Picasso?”
The bulls will tell you that foreign governments understand the
American economy is the key to global economic health, and that they’ll
suck it up and take it when we devalue their debt. To which Schiff
offers another analogy. Imagine if five people were washed up on a
desert island: four Asians and an American. In splitting up their
duties, one Asian says he’ll fish; another will hunt, another will look
for firewood, and another will cook. The American assigns himself the
job of eating.
modern economist looks at this situation and says the American is key
to the whole thing,” says Schiff. “Because without him to eat, the four
Asians would be unemployed.” The alternative: Without the American, the
Asians might eat a little more themselves and even spend some time
building a boat. This is happening as we speak: With the rise of the
Chinese consumer class, the local citizenry is now spending, and the
country is no longer totally dependent on exports. Which means they’re
no longer totally dependent on us.
Now, I've predicted 80 of the last two recessions, but I think this hits the nail on the head.
There's also an article in there about the guy who inspired the movie "Boiler Room".