Financiers tell their not-for-attribution account of the mortgage crisis like this: Americans undersaved and overspent for decades, relying on rising property values to bankroll their lifestyles. But nobody on Wall Street forced United States homeowners to take out loans on houses they couldn’t afford, or refinance mortgages to spend money on cars they shouldn’t have …
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Those whom history has judged as great often came from less and strived for more than wealth. High compensation doesn’t attract the very best. It attracts the greediest. Letters – Wall St. Bonuses – Enough Is Enough – NYTimes.com Source: The New York Times
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Owl and Cat calligraphy (via peacay) Source: Flickr / bibliodyssey
But forced idleness is a good thing, especially for a workaholic like I, and while I feel as if the knowledge I used to use at work, such as my ability to distinguish Jenson and Caslon (or Sunday and Monday), or the keystroke commands for Flash MX, are seriously diminished, it’s been replaced by the …
And yet even though this Christian nonviolence is in many ways the most mainstream aspect of this radical figure who’s become a mainstream icon, it’s something that none dare take seriously today. Matthew Yglesias » King and Nonviolence Source: yglesias.thinkprogress.org
Craft is something you can do until you fall into senility, but art is what you cannot do. —Robert Lowell Poetry Daily: Today’s Poem Source: poems.com
Dying is a matter of slapstick and pratfalls,” he wrote in “The Summer of a Dormouse: A Year of Growing Old Disgracefully” (2000). “The aging process is not gradual or gentle. It rushes up, pushes you over and runs off laughing. No one should grow old who isn’t ready to appear ridiculous. John Mortimer, Creator …
Lecturing in 26-100, she said, she could only look out at the sea of faces and hope the students were getting it. “They might be looking intently at you, understanding everything,” Professor Sciolla said. “Or they might be thinking, ‘What am I going to do when I get out of this bloody class?’ ” At …
What I learned when working in the White House decades ago is that blunder, misunderstanding, or miscalculation is usually the explanation for things, as opposed to hyper-sophisticated secret plans. ‘Typhoon’ mystery partly explained – James Fallows
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