Well, I did warn you

Unsurprisingly, yet another massive bailout may be “required”. And guess what? The next one won’t work any more than the previous five. Or is it six now?

Ben Bernanke, chairman of the US Federal Reserve, today admitted the Government may be forced to inject billions of extra dollars into the American economy after warning of a “protracted slowdown”. Speaking before the House of Representatives, Mr Bernanke suggested that the US required another “significant” fillip to help stimulate growth after Americans were granted $168 billion worth of tax rebates in May, to encourage spending and boost consumer confidence.

A new plan would come on top of the $700 billion bailout of the country’s ailing banking sector, which includes $250 billion in funding to buy shares in American lenders.

To steal an example someone here used previously, you can’t bail out a boat by drilling holes in the bottom. Well, I guess you can, the point is that you can’t do so successfully.

Something wicked this way comes

Joe Biden gives fair warning:

Sen. Joe Biden, D-Del., on Sunday guaranteed that if elected, Sen. Barack Obama., D-Ill., will be tested by an international crisis within his first six months in power and he will need supporters to stand by him as he makes tough, and possibly unpopular, decisions.

It’s nice of old Joe to let us know that, yes, the HopeChange shouldn’t lead anyone to assume that the Obama administration won’t hesitate to run the old ordo ab chao game as did its predecessors in the Bush administration. Now, given that this was a warning given to a group of hardcore Democrats, what can we assume they will consider to be distasteful.

More government spending? No. Increased government power? No. Increased taxes? No. Is there a crisis that might involve reducing government spending or lowering taxes? Not that I can think of. This leads one to conclude that Biden is referring to either yet another invasion and occupation – unlikely, given the overstretched state of the military – or a much more probable suspension of civil liberties.

Flying solo

An Englishman writes an ode to the joys of remaining unmarried:

Too many feeble men give in to the supposed security of marriage. They see it as panacea to their problems (including, but by no means limited to, alienation, indecision, and lack of direction and motivation). “I don’t want to be the oldest father at the school gates,” lamented one friend recently, explaining why he was getting engaged to his girlfriend, who we all know will make his life a misery.

Marriage like this is for wimps….

Incidentally, dating younger girls draws a curiously bitter response from single women my own age. I remind them that there is nice symmetry in this: every schoolboy remembers the moment at 15 when all the best-looking girls in his year decided they didn’t fancy their spotty-faced contemporaries and began dating the sixth-former with a Vauxhall Astra. It’s not revenge, exactly, but they started it.

If a man’s goals in life are fundamentally hedonistic or if his character is narcissistic, there’s simply no reason to get married anymore. The limitations on one’s life, the financial risks of divorce and a court system that is structurally biased in favor of women, and simply having to put up with female idiosyncracies on a regular basis just aren’t worth the benefits of marriage. As David Spade’s character once told his married friends: “Now, if you’ll excuse me, I have to go do whatever I feel like doing, all the time.”

If, however, one possesses moral restrictions on one’s behavior due to one’s religious faith or philosophical principles, or believes in the importance of continuing human society, then marriage is essential. This does not, however, mean that a man need accept life as a spineless, pussy-whipped omega male at his wife’s constant beck and call. Marital faithfulness is not equivalent to female dominance of the marital relationship; if that’s the case, it’s a diseased marriage of the very sort that the writer is rightly determined to avoid. A happy marriage is one that caters to the needs of both parties, which usually means adhering more or less to the traditional model.

Of course, weddings are always lots of fun.