I’ve Moved!

November 20, 2008

So I’m sure that most people have noticed that the site has been offline for a few days. There’s a reason for that, which I will get to shortly. But first, let me just say this:

I AM NO LONGER BLOGGING HERE

In fact, I am blogging at a new site I have just finished setting up: kennethhynek.net. A full explanation for the reasons behind the move can be found here.

That said, this is not the end of . My wife has expressed interest in taking over blogging at this domain, and I am working to make sure that she gets set up here as soon as possible.

Also, my profound apologies for the modification to the site face; the move was not as seamless as I would have hoped, and many of the image files for this theme, and in the gallery, were corrupted during the course of their evacuation from my previous web host’s servers. Until such time as I have repaired them, I’ve put a clean-looking template in place of the previous one.

Update: for the purposes of further traffic shaping, new posts from kennethhynek.net will be excerpted below. Full articles can be read at the new blog.

Well, sorta.

I think the $700 billion “” is just a bad idea: soft , almost certainly doomed to failure, and a waste of money. I think it’s an inexcusable act of paying even more money to the banking bigwigs who steered the U.S. economy into the mud into the first place, a reward for their dismal performance and greedy behaviour. And I think it’s a distraction, a whitewashing of the complicity of the Democrats in the whole affair, from as far back as the 90s.

Rehmat thinks it’s a conspiracy by the Jooooooooooooos.

But hey, at least we agree that the government shouldn’t have done it!

Update: cites one economist’s humourous remarks on the “usefulness” of the bailout:

Here is how , Myron S. Scholes Professor of Finance in the , characterized the bailout, in an interview with Fox News: “The legislation is like this: some boats are sinking, so rather than bailing those boats out, you blow up the dam and drain the whole lake.”

What a disaster this will be. In my own limited considerations of the implications of the bailout, and in weighing its potential positive outcomes against its probable negative outcomes, I’m reminded of ’s incomparable turn of phrase: “if you take a quart of ice cream and a quart of dog feces and mix them together, the result will taste considerably more like the latter than the former.”

Update: Welcome, Steynians!