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 (In other words, I've told him that before, he doesn't care because it doesn't fit his story). | 
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 How much they paying the lawyers to defend the scheme? | 
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 I also found this debunking of Fox News' chief climate change denier amusing - http://legalplanet.wordpress.com/201...tupid-or-evil/ . | 
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 Hey, Adder, Sebby, can't you see you're upsetting your mother! | 
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 Employer need not pay *max* SUTA to get the 80 bip cap, just pay applicable SUTA. | 
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 And I am really enjoying the Sebby/Adder squabble. Just popped a new bag o corn. | 
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 And by "max" I mean the enough to get the maximum offset (ie 5.4%). | 
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 But as s pure factual matter, people have been claiming that Fed policy is going to lead to hyperinflation for almost three years. There is still no sign of even above target (i.e., greater than 2% a year) inflation, either core of headline, in this country. In addition to the absence of measured inflation, the inflation expectations implied by TIPS spreads show that the market does not expect meaningful inflation either. Despite many commentators (who have an agenda) claiming that inflation is imminent, the market disagrees. Quote: 
 In others, I think this is more of a political than economic point. Quote: 
 If you want to say "under the circumstances as I see them" rather than "in any circumstances" fine, I will not disagree with you. But I think you exaggerate all of the inputs to get to your conclusions. | 
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 But you already gave the best argument I'm aware of. You said that a tiny (compared to the world economy) amount of deficit spending and fed easing led to slightly stronger demand here and abroad. That's logical. But you have to think that the tiny dollar amounts involved are enough to move the needle on the world scale. I don't think they are, and I think arguing that those factors outweigh the much longer term growth trends in India, China and Brazil is close to laughable. I say "close to" only because supply of oil is pretty inelastic, so maybe tiny additional demand could have an exaggerated effect. But I still have to put supply interruptions in Libya ahead of the the demand effects of a bit of monetary and fiscal easing here. Quote: 
 (Yeah, couldn't resist the gratuitous shot. Sorry.) | 
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 Re: My God, you are an idiot. I watched 20 minutes of the debate tonight.  Initial thoughts: Romney: Ugg, too plastic and fake. Reminds me of an actor on NBC playing the president. Paul/Cane: Side shows. Gingrich: Smart, but too flakey. Not presidential. Bachman: Palin 2.0 Santorum: Seems smart and sincere. Want to hear more, but I remember Sebby saying something about him that wasn't very positive. Huntsman: Don't know much about him. Want to hear more. Seems like the only candidate I possibly could vote for. Probably not electable. | 
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 S_A_M | 
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 I know you're a big Michelle Bachman fan yourself, but over the last three years, what Republican officeholders are you proud of? | 
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 Huntsman is eminently electable in a general election, but there is no way in hell he survives a Republican primary. Republicans suffer from the fate Dems sufferred from in the 70s: a primary system that plays almost exclusively to the party faithful. Without more open primaries and ex-officio delegates who have to stand for election among the entire population, a guy like Huntsman is really running for VP. | 
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 The thing was an utter waste of time to watch, except for that one beautiful display where Gingrich beat the shit out of Chris Wallace. ETA: Correction. Romney was coherent, and sleazy as hell in his pre-packaged dodges. Nice to see he didn't waste the last three years. Apparently, he spent them in law school. Santorum's defense of a ban on abortions even in cases of rape was a new low. Disturbing. I now do not merely wish him to lose, but actually feel that, karmically, and for the betterment of the human race, some horrible accident should remove him from the planet entirely. | 
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 Conf to Ironhead: see what I left out? | 
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