Sadly, no. Too Big Too Fail. What we need is more, and deeper failure. So : You run a bank. It fails. 1) You can kill your self - your family is provided for. 2) You can live the rest of your life on… (View Post)

Classic Process State 1) attempt to control reality with linear rule sets 2) reality is non-linear. Chaotic. 3) when 1 fails, try more (1) Send every politician this - (View Post)

PJ O’Rourke observed that a major problem with child proof lids on medication bottles, was not having a child around to open one for you. (View Post)

It's a institutionalised belief that gold plating on top of gold plating with little cost control is somehow virtuous. You may remember the comedy of the thefts from the British Museum and their… (View Post)

The actual stated plan was to reduce the deficit, by restraining increase in government expenditure (overall) to less than the growth in the economy but still above inflation. The idea being that thi… (View Post)