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	<title>Comments on: Something We All Know</title>
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	<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/</link>
	<description>Like Kryptonite To Stupid</description>
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		<title>By: Southern Quaker</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-146099</link>
		<dc:creator>Southern Quaker</dc:creator>
		<pubDate>Wed, 01 Apr 2009 23:37:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-146099</guid>
		<description>&lt;i&gt;In fact, the single best chievement in space in the last few years was the X-Prize&lt;/i&gt;

pfiffle.
The Mars Rover. SIRTF the Spitzer Space Telescope (man, just can&#039;t get used to the new name).  Cassini-Huygens. WMAP. And let&#039;s not forget the granddaddy of &#039;em all, the Hubble.

It&#039;s called science, Jay, and its what NASA does best. It&#039;s when they piddle around in the manned missions-without-a-mission that they muck it up. (ISS, anyone?)</description>
		<content:encoded><![CDATA[<p><i>In fact, the single best chievement in space in the last few years was the X-Prize</i></p>
<p>pfiffle.<br />
The Mars Rover. SIRTF the Spitzer Space Telescope (man, just can&#8217;t get used to the new name).  Cassini-Huygens. WMAP. And let&#8217;s not forget the granddaddy of &#8216;em all, the Hubble.</p>
<p>It&#8217;s called science, Jay, and its what NASA does best. It&#8217;s when they piddle around in the manned missions-without-a-mission that they muck it up. (ISS, anyone?)</p>
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		<title>By: Duros62</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-146078</link>
		<dc:creator>Duros62</dc:creator>
		<pubDate>Wed, 01 Apr 2009 22:22:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-146078</guid>
		<description>&lt;i&gt;AIG would have never have written a trillion dollars worth of swaps they couldn’t cover!!&lt;/i&gt;

A trillion? You&#039;re being kind. I read it was more like 7.</description>
		<content:encoded><![CDATA[<p><i>AIG would have never have written a trillion dollars worth of swaps they couldn’t cover!!</i></p>
<p>A trillion? You&#8217;re being kind. I read it was more like 7.</p>
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		<title>By: Parthenon</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145868</link>
		<dc:creator>Parthenon</dc:creator>
		<pubDate>Tue, 31 Mar 2009 22:21:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145868</guid>
		<description>&lt;i&gt;If not for the gov’t and their attempts to game the mortgage industry for social justice, we wouldnt’ be in this mess.&lt;/i&gt;

This has been debunked so many times by so many different sources (including several commenters on this site) I just no longer have the energy. 

Are there unicorns in your world, Yo?</description>
		<content:encoded><![CDATA[<p><i>If not for the gov’t and their attempts to game the mortgage industry for social justice, we wouldnt’ be in this mess.</i></p>
<p>This has been debunked so many times by so many different sources (including several commenters on this site) I just no longer have the energy. </p>
<p>Are there unicorns in your world, Yo?</p>
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		<title>By: Oliver</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145867</link>
		<dc:creator>Oliver</dc:creator>
		<pubDate>Tue, 31 Mar 2009 22:14:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145867</guid>
		<description>&lt;em&gt;In fact, the single best chievement in space in the last few years was the X-Prize&lt;/em&gt;
Yes, replicating what NASA did 20 years ago. Look, I have nothing in principle vs. the X-Prize, but lets not pretend as if they did much groundbreaking versus NASA. This would also ignore the successful &lt;a href=&quot;http://marsrover.nasa.gov/home/index.html&quot; rel=&quot;nofollow&quot;&gt;Mars rover&lt;/a&gt;, which was financed and run by the big bad government.</description>
		<content:encoded><![CDATA[<p><em>In fact, the single best chievement in space in the last few years was the X-Prize</em><br />
Yes, replicating what NASA did 20 years ago. Look, I have nothing in principle vs. the X-Prize, but lets not pretend as if they did much groundbreaking versus NASA. This would also ignore the successful <a href="http://marsrover.nasa.gov/home/index.html" rel="nofollow">Mars rover</a>, which was financed and run by the big bad government.</p>
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		<title>By: Viceroy Matt</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145838</link>
		<dc:creator>Viceroy Matt</dc:creator>
		<pubDate>Tue, 31 Mar 2009 19:09:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145838</guid>
		<description>&quot;What exactly do you think government SHOULDN’T control?&quot;

Uteri?</description>
		<content:encoded><![CDATA[<p>&#8220;What exactly do you think government SHOULDN’T control?&#8221;</p>
<p>Uteri?</p>
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		<title>By: Quaker in a Basement</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145829</link>
		<dc:creator>Quaker in a Basement</dc:creator>
		<pubDate>Tue, 31 Mar 2009 18:30:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145829</guid>
		<description>&lt;em&gt;Quaker, those loans were written to people of all races, you bigot.&lt;/em&gt;

And the trillion dollars of bad swaps? How did those loans figure into it?</description>
		<content:encoded><![CDATA[<p><em>Quaker, those loans were written to people of all races, you bigot.</em></p>
<p>And the trillion dollars of bad swaps? How did those loans figure into it?</p>
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		<title>By: yo mama</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145828</link>
		<dc:creator>yo mama</dc:creator>
		<pubDate>Tue, 31 Mar 2009 18:18:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145828</guid>
		<description>Quaker, those loans were written to people of all races, you bigot.</description>
		<content:encoded><![CDATA[<p>Quaker, those loans were written to people of all races, you bigot.</p>
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		<title>By: Quaker in a Basement</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145825</link>
		<dc:creator>Quaker in a Basement</dc:creator>
		<pubDate>Tue, 31 Mar 2009 17:58:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145825</guid>
		<description>If only the government had never encouraged banks to lend money to black people, AIG would have &lt;em&gt;never&lt;/em&gt; have written a trillion dollars worth of swaps they couldn&#039;t cover!!

Yo mama!</description>
		<content:encoded><![CDATA[<p>If only the government had never encouraged banks to lend money to black people, AIG would have <em>never</em> have written a trillion dollars worth of swaps they couldn&#8217;t cover!!</p>
<p>Yo mama!</p>
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		<title>By: Quaker in a Basement</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145824</link>
		<dc:creator>Quaker in a Basement</dc:creator>
		<pubDate>Tue, 31 Mar 2009 17:56:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145824</guid>
		<description>&lt;em&gt;pressuring of lenders to hand mortgages to unemployed crackheads is the main reason we’re in this mess.&lt;/em&gt;

You funny.</description>
		<content:encoded><![CDATA[<p><em>pressuring of lenders to hand mortgages to unemployed crackheads is the main reason we’re in this mess.</em></p>
<p>You funny.</p>
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		<title>By: Duros62</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145819</link>
		<dc:creator>Duros62</dc:creator>
		<pubDate>Tue, 31 Mar 2009 16:19:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145819</guid>
		<description>&lt;i&gt;If not for the gov’t and their attempts to game the mortgage industry for social justice, we wouldnt’ be in this mess.&lt;/i&gt;

Wow. Talk about an oversimplification.</description>
		<content:encoded><![CDATA[<p><i>If not for the gov’t and their attempts to game the mortgage industry for social justice, we wouldnt’ be in this mess.</i></p>
<p>Wow. Talk about an oversimplification.</p>
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		<title>By: yo mama</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145817</link>
		<dc:creator>yo mama</dc:creator>
		<pubDate>Tue, 31 Mar 2009 16:07:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145817</guid>
		<description>50 percent of them aren&#039;t good enough to succeed. That&#039;s capitalism. The best rise to the top. And What exactly do you think government SHOULDN&#039;T control? A statement like that makes it sound as if you support federal takeover of the entire economy. 

If not for the gov&#039;t and their attempts to game the mortgage industry for social justice, we wouldnt&#039; be in this mess.</description>
		<content:encoded><![CDATA[<p>50 percent of them aren&#8217;t good enough to succeed. That&#8217;s capitalism. The best rise to the top. And What exactly do you think government SHOULDN&#8217;T control? A statement like that makes it sound as if you support federal takeover of the entire economy. </p>
<p>If not for the gov&#8217;t and their attempts to game the mortgage industry for social justice, we wouldnt&#8217; be in this mess.</p>
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		<title>By: NCSenior</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145812</link>
		<dc:creator>NCSenior</dc:creator>
		<pubDate>Tue, 31 Mar 2009 15:57:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145812</guid>
		<description>Well if private business is so successful, why do up to 50 pct of small businesses fail within 5 years (various Business Week articles)?</description>
		<content:encoded><![CDATA[<p>Well if private business is so successful, why do up to 50 pct of small businesses fail within 5 years (various Business Week articles)?</p>
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		<title>By: yo mama</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145789</link>
		<dc:creator>yo mama</dc:creator>
		<pubDate>Tue, 31 Mar 2009 13:24:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145789</guid>
		<description>We should let the government control everything by that logic. Maybe Barack will take over my business too! Yay. 

How can you have so much faith in an institution that has screwed up so much lately? Their lack of oversight and encouraging/pressuring of lenders to hand mortgages to unemployed crackheads is the main reason we&#039;re in this mess.</description>
		<content:encoded><![CDATA[<p>We should let the government control everything by that logic. Maybe Barack will take over my business too! Yay. </p>
<p>How can you have so much faith in an institution that has screwed up so much lately? Their lack of oversight and encouraging/pressuring of lenders to hand mortgages to unemployed crackheads is the main reason we&#8217;re in this mess.</p>
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		<title>By: Jaim</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145777</link>
		<dc:creator>Jaim</dc:creator>
		<pubDate>Tue, 31 Mar 2009 09:37:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145777</guid>
		<description>&quot;The New Deal was essentially an endless stream of transfusions&quot;

The New Deal gave people jobs and a hope for the future (it also trained quite a few future officers like my grandfather in the Civilian Conservation Corps).  I&#039;d argue America would&#039;ve been in no shape to fight WWII without FDR&#039;s policies revitalizing the workforce and industry, and inspiring Americans to work hard for an actual paycheck.

WWII indeed spurred the American economy -- massive military spending, technological development, women entering the workforce, and the GI Bill ensuring government-paid tuition for all vets.

I&#039;m glad you agree with me that in times of severe economic crisis (such as the Bush/Republican Recession of 2008) government stimulus spending is a necessity to get the country by until the private sector works out its problems and gets its cash-flow in order.

Wow, did you forget to drink your crazy-juice today Jay?</description>
		<content:encoded><![CDATA[<p>&#8220;The New Deal was essentially an endless stream of transfusions&#8221;</p>
<p>The New Deal gave people jobs and a hope for the future (it also trained quite a few future officers like my grandfather in the Civilian Conservation Corps).  I&#8217;d argue America would&#8217;ve been in no shape to fight WWII without FDR&#8217;s policies revitalizing the workforce and industry, and inspiring Americans to work hard for an actual paycheck.</p>
<p>WWII indeed spurred the American economy &#8212; massive military spending, technological development, women entering the workforce, and the GI Bill ensuring government-paid tuition for all vets.</p>
<p>I&#8217;m glad you agree with me that in times of severe economic crisis (such as the Bush/Republican Recession of 2008) government stimulus spending is a necessity to get the country by until the private sector works out its problems and gets its cash-flow in order.</p>
<p>Wow, did you forget to drink your crazy-juice today Jay?</p>
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		<title>By: Jay Tea</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145776</link>
		<dc:creator>Jay Tea</dc:creator>
		<pubDate>Tue, 31 Mar 2009 09:08:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145776</guid>
		<description>Let&#039;s see... Oliver&#039;s examples include the Army, Navy, and Air Force -- three organizations not only infamous for wasteful spending, but without private competition. Of course, there&#039;s an old saying that there is nothing more expensive than the second-best military...

NASA has had some very, very bad stretches. In fact, the single best chievement in space in the last few years was the X-Prize -- which was private industry was given an incentive to find its own solutions.

And I&#039;ll give Jaim his cheap thrills and point out that FDR&#039;s programs did a great deal to mitigate the harm of the Depression, it took World War II to actually end it. The New Deal was essentially an endless stream of transfusions; the war was actually staunched the bleeding.

With GM, we have the government engaging in direct competition with private corporations. I wonder how long it will be before the government starts &quot;cheating&quot; and using its power to help GM? My first suspicion will be a push for more government agencies to buy GM vehicles over alternatives -- especially Chrysler, which will apparently now be owned by Fiat.

J.</description>
		<content:encoded><![CDATA[<p>Let&#8217;s see&#8230; Oliver&#8217;s examples include the Army, Navy, and Air Force &#8212; three organizations not only infamous for wasteful spending, but without private competition. Of course, there&#8217;s an old saying that there is nothing more expensive than the second-best military&#8230;</p>
<p>NASA has had some very, very bad stretches. In fact, the single best chievement in space in the last few years was the X-Prize &#8212; which was private industry was given an incentive to find its own solutions.</p>
<p>And I&#8217;ll give Jaim his cheap thrills and point out that FDR&#8217;s programs did a great deal to mitigate the harm of the Depression, it took World War II to actually end it. The New Deal was essentially an endless stream of transfusions; the war was actually staunched the bleeding.</p>
<p>With GM, we have the government engaging in direct competition with private corporations. I wonder how long it will be before the government starts &#8220;cheating&#8221; and using its power to help GM? My first suspicion will be a push for more government agencies to buy GM vehicles over alternatives &#8212; especially Chrysler, which will apparently now be owned by Fiat.</p>
<p>J.</p>
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		<title>By: Oliver Willis</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145764</link>
		<dc:creator>Oliver Willis</dc:creator>
		<pubDate>Tue, 31 Mar 2009 07:20:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145764</guid>
		<description>WWII = PORK!!!!!!!</description>
		<content:encoded><![CDATA[<p>WWII = PORK!!!!!!!</p>
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		<title>By: Jaim</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145757</link>
		<dc:creator>Jaim</dc:creator>
		<pubDate>Tue, 31 Mar 2009 04:20:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145757</guid>
		<description>I love how wing-nuts are trying to revise history and say that World War II ended the Great Depression, not the New Deal.

As if mobilizing and fighting WWII wasn&#039;t the most massive act of Federal spending ever.</description>
		<content:encoded><![CDATA[<p>I love how wing-nuts are trying to revise history and say that World War II ended the Great Depression, not the New Deal.</p>
<p>As if mobilizing and fighting WWII wasn&#8217;t the most massive act of Federal spending ever.</p>
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		<title>By: DaveH</title>
		<link>http://www.oliverwillis.com/2009/03/30/something-we-all-know/#comment-145751</link>
		<dc:creator>DaveH</dc:creator>
		<pubDate>Tue, 31 Mar 2009 02:22:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.oliverwillis.com/?p=13844#comment-145751</guid>
		<description>Reminds me of a scene from one of my favorite movies &#039;The Right Stuff&#039;:  One of the aerospace corporations is asking the commercial test pilot how much he wants to fly their latest;  he told them &#039;$100,000&#039;.  Then Yeager shows up and said he&#039;d do it.  They asked him how much he wanted... he joked about some absurd figure but then said that he&#039;d do it for what the AF paid him.</description>
		<content:encoded><![CDATA[<p>Reminds me of a scene from one of my favorite movies &#8216;The Right Stuff&#8217;:  One of the aerospace corporations is asking the commercial test pilot how much he wants to fly their latest;  he told them &#8216;$100,000&#8242;.  Then Yeager shows up and said he&#8217;d do it.  They asked him how much he wanted&#8230; he joked about some absurd figure but then said that he&#8217;d do it for what the AF paid him.</p>
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