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The Telegraph posts an excellent review of and introduction to the great writer of “hard boiled” detective fiction,” Raymond Chandler

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When Raymond Chandler began to write for pulp magazines in the Thirties, he planned from the first to smuggle something like literature into them.

Most of these magazines hooked their readers with a mixture of sex and violence – “they have juxtaposed the steely automatic and the frilly panty and found that it pays off”, wrote S J Perelman. But Chandler wanted to do more than titillate: he had designs on his audience’s subconscious. He planned to sneak into his stories a quality which readers “would not shy off from, perhaps not even know was there … but which would somehow distill through their minds and leave an afterglow.”

Read the rest: Raymond Chandler’s novels under the magnifying glass – Telegraph.

Another way Wall Street has been robbing you this year

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Watch this video.

How has the price of gasoline affected your purchasing power in other areas?  How has it affected prices.

Again, watch the video.  Wall Street was banking (literally?) on those high prices to keep them going.  It’s not about resource depletion.  It is about speculation and a desperate attempt to keep living large.  Now that gas prices are falling, suddenly our Goldman-Sachs-ruling-class is sad.

Well, boo hoo.

It is also incredible to hear interest rates touted as the key to affordable housing.  No. Duh.  Lower prices is the key to affordable housing.

For all the talk about the “business cycle” everyone is acting like there is some way to keep inflating the bubble.  That is far scarier than a mere recession.