Liberty is an inherently offensive lifestyle. Living in a free society guarantees that each one of us will see our most cherished principles and beliefs questioned and in some cases mocked. That psychic discomfort is the price we pay for basic civic peace. It's worth it. It's a pragmatic principle. Defend everyone else's rights, because if you don't there is no one to defend yours. -- MaxedOutMama

I don't just want gun rights... I want individual liberty, a culture of self-reliance....I want the whole bloody thing. -- Kim du Toit

The most glaring example of the cognitive dissonance on the left is the concept that human beings are inherently good, yet at the same time cannot be trusted with any kind of weapon, unless the magic fairy dust of government authority gets sprinkled upon them.-- Moshe Ben-David

The cult of the left believes that it is engaged in a great apocalyptic battle with corporations and industrialists for the ownership of the unthinking masses. Its acolytes see themselves as the individuals who have been "liberated" to think for themselves. They make choices. You however are just a member of the unthinking masses. You are not really a person, but only respond to the agendas of your corporate overlords. If you eat too much, it's because corporations make you eat. If you kill, it's because corporations encourage you to buy guns. You are not an individual. You are a social problem. -- Sultan Knish

All politics in this country now is just dress rehearsal for civil war. -- Billy Beck

Monday, June 11, 2012

Is the Fat Lady Clearing Her Throat?

Stocks End at Lows on EU Woes

Stocks accelerated their selloff in the final minutes of trading to close down more than 1 percent across the board Monday, as initial euphoria over Spain's bank bailout fizzled and amid ongoing fears over a global economic slowdown.

The S&P 500 fell 16.73 points, or 1.26 percent, to end at 1,308.93. The Nasdaq dropped 48.69 points, or 1.70 percent, to close at 2,809.73.

The CBOE Volatility Index, widely considered the best gauge of fear in the market, jumped above 23.
The pin's not pulled out quite yet, but...

UPDATE:  Here's some more:
The only problem with the deathbed conversions of the sort that Ken Livingston is metaphorically experiencing is that it often happens at the stage when a crisis is cascading. It happens too late. The damage is widening exponentially. There won’t be years or months left to change course. What Spain illustrates is the compression of time within a crisis. Things are not only happening, they are happening faster than anyone believed was possible.

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