Archive for October 10th, 2013

Quote notes (#39)

Steve Sailer (on sex sifting between life and death sciences):

The colossal prestige of physics was permanently cemented on July 16, 1945 at Trinity, NM. As the shockwave from the first ever atomic bomb passed beyond the Los Alamos physicists’ observation post, J. Robert Oppenheimer reflected, in the words of the Bhagavad-Gita:

“Now I am become Death, the destroyer of worlds.”

To a highly intelligent adolescent female mind, this most famous quote from the history of 20th Century physics is alien and horrifying. To a certain number of highly intelligent adolescent male minds, however, “destroyer of worlds” is the most awesome thing anybody ever said outside of a comic book.

October 10, 2013admin 1 Comment »
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Quote notes (#38)

Peter Schiff (@ ZH):

Unlike her predecessors, Janet Yellen has never had a youthful dalliance with hawkish monetary ideas. Before taking charge of the Fed both Alan Greenspan, and to a lesser extent Ben Bernanke, had advocated for the benefits of a strong currency and low inflation and had warned of the dangers of overly accommodative policy and unnecessary stimulus. (Both largely abandoned these ideals once they took the reins of power, but their urge to stimulate may have been restrained by a vestigial bias against the excesses of Keynesianism). Janet Yellen, who has been on the liberal/dovish end of the monetary spectrum for her entire professional career, has no such baggage. As a result, we can expect her to never waver in her belief that stimulus is the answer to every economic question.

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October 10, 2013admin 25 Comments »
FILED UNDER :Commerce
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