Archive for the 'Econ 098' Category

Cheapskater’s Review:

My wife and I ordered two pairs of glasses from after having looked all over the internet for the best buying advice for cheap glasses.  Neither one of us has a special funky prescription, so we figured what the heck, let’s save ourselves 400+ dollars and just buy glasses once a year or so (or however long it takes for them to either a.) break or b.) become thoroughly unfashionable).

The glasses that I received are pretty awesome.

Fig 1. Pretty awesome.

I was immediately impressed with the build quality and the index of the lenses was awesome, because they are so thin compared to my old pair!  The frames are not the high quality enamel of Ray Ban or Oakley, but they are good solid plastic frames, and because they are not enameled they are also extremely light, which has turned out, weeks later, to be a huge plus. I have already ordered another pair of similarly accoutered sunglasses for myself.  It’s a great deal as long as you aren’t tempted by the upgrade features like photochromic lenses, super high index lenses, blinged-out cases and whatever else they hit you with at the end.

The downside to our experience has been Jeannie’s glasses.  The frames are really high quality, but for whatever reason, the lenses just weren’t right.  We looked over our prescription though and the problem appears to be that the official pupillary distance measurements are different from the measurements we made ourselves, so it does seem to be our fault.  However, we were offered a 70% refund and we think that is fair, as getting glasses is just as much a service as it is a retail product.  Anyway, we put in another prescription, this time with the proper PD measurement and we’ve got our fingers crossed that these will be as great as mine have been thus far.

My take on it is that it’s a really good deal and the only reason to say no is that you have some silly requirement to have a specific brand label on your eyewear.  Because let’s face it, glasses get to looking pretty junked up in a hurry, no matter how expensive they are, and when you pay (much) less for (slightly) less quality, it’s doesn’t hurt the wallet nearly so bad when it’s time to replace the glasses you have.  So far, I’m a fan of this company and this business model.  It’ll be interesting to see whether this opinion is redeemed or refuted in the next few days, as we attempt to collect our refund and get our new pairs in.

*UPDATE 8/3/2010*  & The whistles go WHOO WHOO!

These new sunglasses are so bad-ass that I wear them at night (so I can, so I can, watch you weave then breathe your story lines).

Fig 2. So bad-ass, e.g. Corey Hart

Seriously, I like them a lot, I have done a complete 180 in that I NOW CRAVE SUNLIGHT FOR TO TEST MY MIGHTY SUNSHIELDS.  And my wife’s came in and they are also very good quality and fit great and make her to look like the sexity (I don’t remember what they are called, so photo is a no-go, bro).  And yep, if you’re keeping track, we did get the refund for the bad pair after about a week.  So, my money is going to these guys from now on, until they fuck up, which will be never because my readership at this blog is INTENSE and is a TERRIBL(Y INSPIRING) MOTIVATOR for any business looking to stay afloat.

Badass of the Week

It’s probably just a sort of bizarre Apocalyptophilia that I have in me, but shit like this turns me on to no end. I mean, the brass of that guy!

Hiyo! Somebody just moved up a notch or two on the Hierarchy of Needs pyramid!

Yeah, so it’s not a very smart move at all, repeat: AT ALL, as I’m positive even sight unseen that the man can and WILL be wage-garnished as a result of this. But still… if you can’t get cramdown passed, and if you can expect neither the repeal nor the amendment of the bankruptcy “reform” law of 2005, and even the justiciary and the sheriff are coming against you (even though they don’t have to), I can very easily see how one could come to the same conclusion. A cornered rat has little choice but to fight, after all. Yeah…it might be wrong in the end, but you know what? Sometimes mental health trumps financial health.

Besides, I’d rather be poor with a bunch of cool stories than rich with nothing to show for it but a bunch of lewd toys.

h/t John Cole

Voodoo Economists, Assemble!

I don’t usually link to Firedoglake, because I sorta despise Jane Hamsher’s online persona (for completely silly reasons, but whatever), but this little doozie about financial regulatory reform really, well, I won’t say surprised me, but at least made me feel like I’m sure some Republicans felt when W came up with Medicare Part D.  (h/t to Balloon Juice, as usual)

Yeah, this is news, see, because at least this time it’s Dems who are screwing over the Dems, instead of Republicans doing the deed.

…Wha? Dems eat their own all the time, you say? Well then, nothing to see here, I guess.

I am starting to really believe that, even though we just barely got ourselves up out of Greatest Depression 2: The Quickening, the end result is just going to be some very specific measures which may prevent the same exact fiscal emergency (or may not, as everybody I’m reading lately is already pulling back on CDS regulation reform). Slap a band-aid on it and let the beatings begin, I guess.

But what of all these “systemic causes” that noone seems to agree on? Is there no such animal as an unbiased economist who can perhaps steer the country the right way? I was almost happy when all this happened, if for no other reason than this: I thought it would ultimately strengthen the economy and perhaps give liberal fiscal policy people a new lease on life, but I can see that this is not going to happen, although there are some people out there trying very hard to be heard. You know, GHW Bush was half-right when he castigated against Reagan’s BS as “voodoo economics”, but he didn’t go far enough.

All. Economics. Is. Voodoo.

Because if economists such as Mankiw and Krugman can both be considered masters of their field and be so far off from each other in their conclusions (and this happens all the time), then the only thing keeping a nobody like me from breaking in with my own “genius” ideas is a paper-thin veneer of plausibility which one can easily acquire at any reasonably well-regarded University. Fuck all these assholes. If the Republicans are in any way correct in their assessment that we have too many “experts” and not enough “deciders”, economics would be the single field of study on which Republicans and I can find agreement.

Too much [lame metaphor]

We are all going down.

I am referring, of course, to the fact that the S&P 500 has hit it’s lowest percentage drop in………well, it’s lowest ever.   (The S&P Index wasn’t around for the depression, but even the DOW is on track for beating out the first year of the depression in raw loss percentages, as the DOW is down almost 50 percent from September 2007, when it briefly hit 14000.)

Daytraders, high flying entrepreneurs, IT people, office administrators………soon we’ll all be garbagemen, picking up what’s left from when times were better.

Except it won’t really happen that way.  And you know, it might be better if it did, because what we are essentially going to see once all the smoke clears from what has happened in the securities market is very similar to what we have today.  The stakes might be ever smaller…perhaps “the Donald” Trump will be reduced one day to showing off his new Trump Cardboard Casino Playset, instead of the real thing, but make no mistake…….the rich might briefly stop getting richer, but it will be brief, it will be underplayed, and it will be in the end but a preface to the next great widening of the class gap.  Because those who have ANYTHING left when this is all over will be the ones who had the most when it all began.

June 2017
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Currently Reading:

Burning in Water, Drowning in Flame - Charles Bukowski

Currently Listening:

Mr. Bungle - California

Why, yes, I am cool as a cucumber in a bowl of hot sauce.

You lika de juice????