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-5.63, -8.10. Learn about Duverger's Law. Read pp. 1-7 of Krugman's _The Great Unraveling_ (available from Google Books); it explains what we're dealing with.

Diaries published: 38 (1348 days since last diary on Sat Aug 27, 2011 at 10:16 AM PDT)

Comments posted: 33917 (1337 days since last comment on Tue Sep 06, 2011 at 09:15 PM PDT)

Diary frequency: often

Comment frequency: frequent

Total Recommends: 251

Total Comment Ratings: 58828

Most Recommended Diary: Oh dear. He's giving away 90% deliberately., 72 comments, 27 recommends

People Following neroden: 34

neroden's Most Recent Diaries:

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, ...
by neroden
Comment Count 6 comments on Sat Aug 27, 2011 at 10:16 AM PDT with 2 Recommends
Maureen Dowd in the New York Times this week (http://www.dailykos.com/story/2011/08/17/1007357/-The-Octangulator?detail=hide&via=blog_792316) quotes Obama from a town hall. Dowd : In ...
by neroden
Comment Count 72 comments on Thu Aug 18, 2011 at 12:12 AM PDT with 27 Recommends
I'll keep this simple. With the Bush/Obama tax cuts, certain people have the following income tax structure: First they deduct any deductions they have. Then the next $34,000 is completely tax-...
by neroden
Comment Count 25 comments on Sun Apr 10, 2011 at 05:14 AM PDT with 12 Recommends
The profits of several of the major banks, including Citibank and Bank of America, exist only because of this accounting trick: They are claiming the decline in the price of their debt (bonds) as a ...
by neroden
Comment Count 25 comments on Wed Apr 29, 2009 at 09:24 AM PDT with 7 Recommends
So I just figured out another technical detail to why we're having a banking crisis, and I thought I'd share. This is the explanation of how the "capital ratio" requirements and the "mark to market"
by neroden
Comment Count 43 comments on Wed Oct 01, 2008 at 07:37 PM PDT with 8 Recommends
Look, this isn't normally diary-worthy, but given the amount of confusion here, I'm simply going to link three crucial articles on why the scheme, apart from all it's other problems, just wouldn't ...
by neroden
Comment Count 5 comments on Tue Sep 30, 2008 at 04:34 AM PDT with 3 Recommends

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