Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Patriotism and Iconoclasm (by Fayssoux)

By -

There are many who question the direction the U.S. has taken
whose patriotism does not seem to be questioned.  Take Bill Gross in his November commentary:

The US and most G-7
countries have been significantly and artificially influenced by asset
appreciation for decades
.  Stocks and
home prices went up – then consumers liquefied and spent the capital gains by borrowing
against them or selling outright.  Growth
in other words, was influenced by upside by leverage, securitization and the belief
that wealth creation was a function of asset appreciation as opposed to the production
of goods and services

Or watch this James McMurtry video – the message is similar,
just in a different format (note rail images, fitting for today)

Skepticism, a critical perspective and questioning the decisions
of “the powers that be” are certainly not inconsistent with patriotism.

Is That With Two Fs?

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A hearty thank-you to the fellow Slopers who are contributing content; it's a huge weight off my shoulders, and a ton of people have written me grateful emails (strictly speaking, only Christine Romer wrote me, but I still am accurate  in my characterization).

I thought with all the heavy-duty technical charts, you could use a bit of a musical break (plus Disqus is behaving very, very badly today, so comments is kind of dead). I have a major weakness for good lyricists, and Aimee Mann certainly fits that category. Her song "Momentum", whose lyrics I've put beneath this video, captures a lot of what I've been thinking lately. Enjoy!

Oh, for the sake of momentum

I've allowed my fears to get larger than life

And it's brought me to my current agendum

Whereupon I deny fulfillment has yet to arrive

And I know life is getting shorter

I can't bring myself to set the scene

Even when it's approaching torture

I've got my routine

Oh, for the sake of momentum

Even though I agree with that stuff about seizing the day

But I hate to think of effort expended

All those minutes and days and hours

I have frittered away.

And I know life is getting shorter

I can't bring myself to set the scene

Even when it's approaching torture

I've got my routine

But I can't confront the doubts I have

I can't admit that maybe the past was bad

And so, for the sake of momentum

I'm condemning the future to death

So it can match the past.