Skip to main content


Showing posts from January 6, 2002
Dope Since no one responded to the "replace Remora" contest, Limited Inc spent some time bent over our dictionary, then the Shakespeare, then surfing through various columnists. So far, we haven't settled on a name. So we will continue to use "Dope" and think about linguistics until inspiration strikes. Well, the headlines are Enron inspired, as the news wakes up to the fact that Enron was in bed with the Bush Administration. This is as unexpected as hearing that some Hollywood starlet is sleeping around. The Bush administration was pretty damn proud of its bedmate until recently. But like some chastened, though still eminently corrupt financial "advisor," the Bushies are pulling back on their investment. It is hard to see this as more than a passing scandal, however. The press still doesn't understand Enron's collapse; the biz press is unanimously on the side of "de-regulation." And the public is acquiescent, even to the extent
Dope As my readers can plainly see, the contest for renaming the Remora category on this site fell still-born from the press -- not that Limited Inc is greatly surprised, since falling still born from the press does seem to be the fate attaching to every post I've written on this site, from July onwards. We are not amused; because we are, in our own humble opinion, amusing. Although can we trust our own own humble opinion? because we also firmly believe the great intellects of the past pale in relation to our merest subclause. It has been pointed out to us that we suffer from egomania. Alas, today we suffer from a physical, rather than metaphysical, ailment. Fever racks my bones. Mysterious aches are playing the boogie woogie on my spinal column. Luckily we were visited a friend of mine, mentioned in previous posts, who plays a role in my life similar to Scheherazade -- not that I am planning on beheading her. No, the deal with this woman is that she can tell me 1001 stor
Remora Readers should note Le Monde's beautiful, and somewhat fallacious, essay by Albert Manguel about the end of Argentina. All countries, he claim, rest on the shared fiction that they exist. A philosopher might call them intensional objects, meaning those entities which presuppose the agreement of subjects that they are as long as the subjects agree they are. This is a little different than what we mean by saying that mountains, or rivers, or trees are. Intensional things are as long as there are subjects for whom they are. These things are like dreams are. So nations, as fictions, extrude themselves crudely in anthems and slogans, in ads and editorials, in law courts and prisons. The nation is the Song of itself, the supreme act of subjectivity; it negotiates the distance between Descartes cogito ergo sum and Louis XIV's l'etat, c'est moi -- the state thinks itself into being in the heads of its citizens. The question is, can this daydream of reason exi
Dope Limited Inc is thinking of changing the name for the Remora category. And let's be interactive about it, shall we? A little contest, my many many eager readers? Or at least my one or two. We need a label that is as au courant as an Enron exec's Swiss bank account , but as ironic as one of David Foster Wallace's footnotes. Please, use the little comment machinery thingy. On another note, we should keep you up to date on our impoverishment -- always a big theme here at Limited Inc. Yes, December has passed, and our workload has seemingly gone down the old toilet -- we query, we query, and we receive the rare word back that this year, media is re-engineering, renewing its faith in the automatic 20% per year profit margin by getting rid of its deadwood -- the book sections, the freelancers, etc. That means, no eatin' in February for us! It is, of course, hard to get through a month without eating, but Limited Inc is stocking up on the vodka now, in order to wea
Remora What did you do in the Great Recession, Daddy? Well, as analysts on Wall Street bubble with bull opportunities afforded by the rest of this year -- that good old V bounce to the recession -- reality out there isn't so happy. With the Federal Reserve becoming, basically, the Office of Moral Hazard, always willing to cut rates in order to keep equities from finding traditional p/e levels that would bring the Dow Jones Average crashing 2000 some points, the market in housing and autos was banner last year. But banner at what cost? Enron shows what happens when a company is taken apart by the whitewater currents of the futures market -- small bets can become big losses, as was the experience of Barings, of Long Term Capital Management, of the Orange County Teachers retirement fund, of... well, the list goes on. In order to prevent sales from slumping, Detroit used the Fed's party-time philosophy to finance an incredible issue of credit. This is a balancing act that