|
schizophrenic_discourse
|
read my profile
sign my guestbook
Name: Stephanie Gender: Female
Interests: books,medicine, christianity, God, good books, art, really good books, Giants baseball, theater, blogs, good food. Occupation: Medical Industry: Nonprofit
Message: message meEmail: email me
Member Since:
6/20/2005
|
|
| At long last my blogspot blog is up and going...I will no longer be posting here, except for very rare cinquain challenges!
http://theviewfromoakstreet.blogspot.com/
| | |
| Cinquain Challenge
Elizabeth Winsome girl Reading, Drawing, Pretending sometimes silly, sometimes stubborn Promise
Claire Happy livewire Running, Climbing, Opening always getting into trouble Bright
| | |
| Another piece of the puzzle
Fascinating article and a good story too. It's long, but pages 4-5 are the most interesting. It helped to fill in the gaps on "how we got here".
"But he couldn’t figure out exactly how the rating agencies justified turning BBB loans into AAA-rated bonds. “I didn’t understand how they were turning all this garbage into gold,” he says. He brought some of the bond people from Goldman Sachs, Lehman Brothers, and UBS over for a visit. “We always asked the same question,” says Eisman. “Where are the rating agencies in all of this? And I’d always get the same reaction. It was a smirk.” He called Standard & Poor’s and asked what would happen to default rates if real estate prices fell. The man at S&P couldn’t say; its model for home prices had no ability to accept a negative number. “They were just assuming home prices would keep going up,” Eisman says."
...emphasis mine
| | |
| Wisdom of Sir Thomas More
From A Man for all Seasons....an exchange with Sir Thomas More, his daughter Margaret More and the man who wants to marry Margaret, William Roper
MM: Father, that man's bad.
STM:
There's no law against that.
WR: There is: God's law.
STM:
Then God can arrest him.......
....WR: So, now you give the Devil the benefit of law!
STM: Yes! What would you do? Cut a great road through the law to get after the Devil?
WR: Yes, I'd cut down every law in England to do that!
STM: Oh?
And when the last law was down, and the Devil turned 'round on you,
where would you hide, Roper, the laws all being flat? This country is
planted thick with laws, from coast to coast, Man's laws, not God's!
And if you cut them down, and you're just the man to do it, do you
really think you could stand upright in the winds that would blow then?
Yes, I'd give the Devil benefit of law, for my own safety's sake!
I heartily recommend a Man for all Seasons especially given the times in which we find ourselves.
Metapundit has a essay up: A Humanist Case for Proposition 8.
Almost five hundred years ago the church and Sir Thomas More found themselves in a pivotal battle with one very powerful man....some were killed in battle and some were complicit, but in the end the church lost. Not immediately and not obviously, but centuries later we can see the fruits of the fight. The church-at-large has largely given up fighting divorce and remarriage and has turned instead to gay marriage, hoping to preserve some of its already lost integrity? Like a man recently diagnosed with pancreatic cancer who's really really worried about a blood pressure of 145/90.
A ludicrous lack of self-awareness.
| | |
|