WAR

All posts tagged WAR

WAR is truly everwhere. At home Xstine and I are havin’ a blast playing Warhammer Online: Age of Reckoning, and almost every itch we had from leaving WoW has been epicly scratched. And boy were we itchy because the end-game in WoW left some unhappy scabs.

Outside of our world of epic vritual battles, one has already been fought an lost on Wall Street. Some friends have asked for my perspective on the bail-out mess, and I want to use a WAR analogy. In WAR lore, the evolution and advancement of warriors comes from the endless combat between the legions of Order and the minions of Chaos. A great story and its great heroes can only be made with this precarious balance. Too much one way is complacency, too much the other way is anarchy.

You may think it’s far-fetched to compare a fantasy video game to financial crisis in this way, but there’s one thing to consider. In Jared Diamond’s Guns, Germs and Steel he recounts his finding that over the historic rise of civilizations, what built the greatest ones was a combination of geography and natural resources that promoted an optimal state of controlled competition. To have less was complacency, to have more was anarchy. Sound familiar?

Now look at the bail-outs. Chaos has lost, if you believe the anti-free-market crowd. Order has failed if you know better than to believe the Fed. The problem was that Order assisted Chaos, and vice versa. No one knew their roles. The Fed answers to the market now. The market believed the Fed would save them.

What I’m trying to say is that a healthy distrust between the private and the public was lost, Freddie and Fannie being prime examples. What we face now is an extreme reaction as the Fed and Paulson nationalize the market. Chaos has learned that losing the battle means being saved by Order. Where’s the impetus to fight?

Now, I give the Fed credit for not bailing out Lehman brothers, as they knew the books were probably so toxic nothing could be done. And F&F? Ok, sure, they were a GSE, blah blah. But bailing out AIG? An insurer? Forcing BoA to take on Merrill Lynch? And now hints at extending help to foreign banks? Unlimited Sec. of Treasury power? For those who think cash is safe, I’ll point out that the (maybe) $45 billion left in FDIC divided by the $100,000 insured per account is not a happy number. Plus each of these banks going under have tons of employees; Lehman alone has 26,000+. NY is depressing. I can’t even make a conhesive paragraph out of all of it.

And somehow Bernanke is in the back saying a recession is imminent if there is no bail-out. Hello, the recession has arrived, but the punishment for misdeeds has not. Will not? Well that depends on how many tax-payers realize it’s angry mob time.

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After wearing out the cartilage in my index finger with that brutal combination of WOW and animating in Maya, I started looking for better mice, touch-pens, trackballs, anything that could let me continue gaming on the PC without jeopardizing my hand health. I've tried them all. I finally decided to try using a gamepad for my PC, and after trying several programs, I've found my calling in PGP's excellent and dirt cheap solution. So far, I've connected wireless XBox 360 and PS2 controllers to it flawlessly, and it even supports the wiimote. My co-workers were impressed. …

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