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Obama State of the Union

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  • #16
    Re: Obama State of the Union

    Originally posted by dcarrigg
    I also find it helpful to replace the phrase "the economy" with "the volcano" to see if a business news article is completely full of dung before I even have to read it. It works like this:
    I prefer the practice of replacing 'recession' with 'banana'

    http://minnesota.publicradio.org/col..._bananas.shtml

    Economist Alfred Kahn has died at 93. The long-time Cornell University economics professor is considered the architect of airline deregulation. Say what you will about the joy of flying these days, but the fact airlines are now what long-distance bus service was generations ago is due primarily to him.But Kahn was also memorable for one of the best economics lessons ever for someone trying to understand what makes recessions worse: emotion.As an economic adviser to President Jimmy Carter, he warned lawmakers that if they didn't get inflation under control in the '70s, the nation was heading for a recession or a depression.But, as we've seen since 2008, if you even say the "R" word, let alone the "D" word, consumers shut the spigot off, more companies lay off workers, which makes more people stop spending, which makes more companies lay off more workers and on and on it goes until you're where we pretty much are today.Only Kahn introduced this concept by invoking a new economic term: "banana." When he was giving testimony at the Capitol, whenever he needed to sayrecession or depression, he'd simply say banana instead.It even inspired the late William Safire to write an essay on why people find the word banana so darned funny.

    In old American slang, banana oil means "nonsense" (its humorous connotation far different from snake oil , meaning "fraudulent"). A top banana is a leading comedian. To go bananas is to go crazy, and the nonsensical meaning is reflected in the verse of another 1930's song, "But Not for Me," from the Gershwins' "Girl Crazy": "I never want to hear/From any cheerful Pollyannas/Who tell you fate/Supplies a mate;/It's all bananas !"A banana republic was not just a country that produced profits for the United Fruit Company; it was a country with a rinky-dink government, having "backwardness" as its hallmark (until the name was adopted by an American retailer; now it has a yuppie connotation). A banana boat is a very slow boat.
    Of course Kahn's strategy did not work. It was funny and all, but Americans could easily figure out what was going on, they stopped spending, and we had a heck of a banana shortly thereafter.

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    • #17
      Re: Obama State of the Union

      Originally posted by c1ue View Post
      I prefer the practice of replacing 'recession' with 'banana'

      http://minnesota.publicradio.org/col..._bananas.shtml
      heheheheh..... ayuh....

      both volcanoes and bananas as metaphorical tools are quite appropriate these daze.

      writes a resident of one banana republic, sitting next to a volcano....

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      • #18
        Re: Obama State of the Union

        Originally posted by don View Post
        and so goes the penny for us peons . . .
        no problemo, brother don - we have these now to replace them with:

        Portraits of presidents, with a new coin released every three months



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        • #19
          Re: Obama State of the Union

          Originally posted by wayiwalk View Post
          I'm in the same boat - a non-watcher. Used to tune in to these, but I no longer can justify wasting my time watching these spectacles.
          I would no more watch Obama's speech than I would a one-hour Democratic political infomercial.

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          • #20
            Re: Obama State of the Union

            Originally posted by Mn_Mark View Post
            I would no more watch Obama's speech than I would a one-hour Democratic political infomercial.
            it wouldnt be quite so bad if we could just get the microphones (cameras and editorial desks) out of the liberals hands...

            then they might start talking about something besides social issues - ya know, stuff like JOBS AND THE ECONOMY?

            but noooooo, its all gun control, free birth control, abortion, gay marriage and now immigration 'reform' (so they can steer the mexican vote away from their natural/general preference for conservatives)

            since after all, the economy of lower manhattan is all 'fixed', with 'profits' back to bubble levels and the auto/municipal unions will just have to make due with ZIRP-level pensions - at least until congress can figger where the next "behind the tree" rich guys will come from

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