97 Years on the Case

Robert Reich has an interesting post over at TPM on the Fed's role in the rescue of Bear Stearns.

Thomas Jefferson put a stop to Alexander Hamilton's idea of a powerful central bank out of fear it would be unaccountable to the public. The Fed has just proven Jefferson's point.

And John Adams's. And Ezra Pound's.

Logic

Q: What is the difference between a concept and a mere word?
A: Logic, a certain rigour of usage.

Note on the Crisis of Brute Passion

(See this post for some background.)

Just as reason conditions our understanding so passion conditions our obedience.

Mayhewianism #2

"To really love literature is to love how it rewrites your subjectivity, how it kicks your ass with its transformative power." (Jonathan Mayhew)

I feel the same way about love in general. "Strike, witless bitch," said Irving Layton. "Blind me!"

The Movie Version

My favourite poets are making movies.

Tony Tost's "Elephant & Obelisk 2"

Kate Greenstreet's "The Giant"