Thursday, March 17, 2011

Quick quotes from today’s reading

The problem is not that another backup generator is needed, or that the safety rules aren’t tight enough, or that the pit for the nuclear waste is in the wrong geological location, or that controls on proliferation are lax.

It is that a stumbling, imperfect, probably imperfectable creature like ourselves is unfit to wield the stellar fire released by the split or fused atom.

Jonathon Schell

Tomorrow, the Consumer Price Index numbers come out—and if the PPI numbers are any gauge, they do not look promising.

But Ben Bernanke and the Tools of the Fed are cavalierly dismissing any notion of incipient inflation. They keep insisting, “Core inflation is all that matters! Forget fuel and food and commodity prices! It's Core Inflation!” As if people bought more of this magical “core inflation” at the supermarket than food, and filled their cars with “core inflation” rather than gasoline.

Gonzalo Lira

Prozac anyone?

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You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.

Harlan Ellison