Category Archives: Big Shitpile

This Is a Really Big Dog

Actually, having studied non-lab E. coli and thus knowing more about poopology than anyone ever should, this isn’t a dog, it’s the aftermath of a horse: Darmouth St., at Commonwealth Mall, Jan. 29, 2012 It does make you appreciate cars … Continue reading

Posted in Big Shitpile, Boston, Poop | 1 Comment

Meet the New Boss: The Sociopath As Banker

Brian Basham writes: In a paper recently published in the Journal of Business Ethics entitled “The Corporate Psychopaths: Theory of the Global Financial Crisis”, Clive R Boddy identifies these people as psychopaths. “They are,” he says, “simply the 1 per … Continue reading

Posted in Basic Human Decency, Bidness, Big Shitpile, The Rule of Law | 2 Comments

Larger Homes Were Not Due to an “Expenditure Cascade” But Were Rational

For home builders. One of the problems I have with behavioral economics is that too often what is described as a cognitive or psychological glitch is actually very rational behavior as long as you correctly identify the underlying incentives. Robert … Continue reading

Posted in Bidness, Big Shitpile, Economics, Housing | 1 Comment

How Mortgage Relief Could Have Been Done Fairly: Profit Sharing As Delayed Penalty

If nothing else, it appears that Occupy Wall Street, despite the chattering class’ inability to decipher the obvious, has managed to sneak debt relief onto the List of Suitable Topics for Discussion. Steve Randy Waldman, in an interesting post, about … Continue reading

Posted in Big Shitpile, Economics, Housing | 6 Comments

The Tragedy of Turning Economics Into a Faith-Based Discipline

The thing that has puzzled me throughout the long aftermath of the collapse of Big Shitpile is the willingness to do nothing. The issue isn’t a disagreement over how to reduce unemployment. Instead, there is a general consensus not to … Continue reading

Posted in Big Shitpile, Conservatives, Economics, Jewish Stuff, Religion, We're Really Fucked | 2 Comments

Why People Are More Accepting of ‘Hard’ Scientists Conclusions Than Social Scientists’ Conclusions

Sean Carroll poses a question raised by Robert Hanson: Over on the Google+, Robin Hanson asks a leading question: Explain why people shouldn’t try to form their own physics opinions, but instead accept the judgements of expert physicists, but they … Continue reading

Posted in Big Shitpile, Economics | 5 Comments

Nice Bond Rating You Have There, It Would Be a Shame If Something Happened to It: S&P Innoculates Itself Against Fraud Charges

Bullying the SEC and defrauding the states. Just another day’s work.
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Posted in Bidness, Big Shitpile, Ethics, The Rule of Law | 26 Comments

Does Anyone at S&P Have Links to the Trader Who Bet $1 Billion That the U.S. Would Be Downgraded?

So who placed the bet on July 21, and did they have insider information?
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Posted in Big Shitpile, The Rule of Law | 10 Comments

Mike Konczal Doesn’t Understand Movement Conservatives

Because nothing in movement conservatism makes sense except in the light of creationism.
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Posted in Big Shitpile, Conservatives, Creationism, Propaganda | 5 Comments

Who the !@#% Elected Standard & Poor’s: Yet Another Failure of Obama’s ‘Looking Forward, Not Back’ Strategy

This isn’t just horrible meddling in terms of economic outcomes, but a confirmation that the political system is a wholly owned subsidiary of the banking system.
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Posted in Big Shitpile, Economics, The Rule of Law, We're Really Fucked | 6 Comments