twitter and confessions

I have setup an account at twitter and added some folks I know have twitter accounts. You’re welcome to follow me, and if you have anything interesting to say, I may follow you back. I’m not sure how much I will use twitter, but it will either be a lot or very little. Social media is a regular commitment and I have online commitment issues.

@NoTreasonDixie

I have to confess, I don’t use a RSS reader. I actually visit sites by hand. It’s impossible to keep up with everything online. So I have a circuit of sites I visit hourly, and sites I visit daily and weekly. If someone can suggest a good online aggregator, I might consider using a feed reader. With my fingers in so many pies, I either need to limit my online exposure (my current approach) or leverage technology to get much more organized and efficient.

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George Soros withers in the face of an Austrian critique

The first Chinese participant does a fantastic job of challenging George Soros, with what sounds to me, like an argument directly out of Tom Woods NYT bestseller, Meltdown. Now I haven’t read Meltdown, but I have caught all of Woods’ articles and speeches available online, and feel I can confidently make that assessment.

At 2:30, the Chinese participant mentions that markets can correct themselves, and Soros argues they cannot.

Notice how Soros stumbles when he talks about how markets are smarter than regulators, then claims that only regulators can stop perpetual market failure.  And the questioner does a wonderful job of pointing out, that only expansion of the monetary base can provide the necessary environment for these large booms, and Soros starts blinking, which sometimes is a sign of discomfort (approx. 4:30)

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