The Pankian Metaphor wasGoodbye to USENET 3008

Isn't that a problem with all people-based sciences.. The underlying data changes as you measure it, rather like Heisenberg.. difficult to get data and change right.

In our case here, years ago when the housing market was starting to hot up, there were calls for action to slow it down, but the politicians said, privately, "You would have to be brave to do that and take the blame, it'll cool down itself in time.".. Hasn't yet.

I think he mentioned `irrational exhuberance'..

Somewhere in Iran there is a person who has to balance the Books.. Trust him.. Iran has fought a war against Iraq (supplied by the US and Saudi Arabia) not long ago to defend its independence. It will not easily be pushed into another. The Iran-Iraq war losses were comparable to the losses to France and Germany in WWI.

Not all.. When in doubt, walk away.

Thats why the people in charge need to be independent. But who appoints who, that appoints who, etc?.

Happening here at the moment, 100% loans for houses, and sometimes 110% , if you haggle.. House of cards.

Higher Taxes, OK, public spending no. The money has been borrowed and will have to be repaid.. Funny how, if you hit a little problem, you are sent to see different people when you visit the bank..

-- greymaus Just Another Grumpy Old Man