You ask, "what's a whatnot ?"
"Whatnot" is a noun meaning (1) a small, trivial, or unspecified object, or (2) a set of light, open shelves for ornaments. Today's blog contains small items in an open format, hence is a whatnot of whatnots, figuratively.
The Bloviator continues to bloviate the blather of buncombe.
Successful hedge fund managers make billions. And pay low taxes on their skim. Unsuccessful hedge fund managers close their funds and go out to raise more money for new funds so their fee "high water mark" can be low again. The analogy is re-pricing stock options. Heads they win, tails investors lose.
The press reports more whiners and worryers.
Japan GDP falls 12% in Q4 and exports are cut in half. Nations like Japan need a balanced economy with local consumer demand. They cannot expect the US to pull their wagon again.
Ukraine nears financial meltdown. Unfortunately, that nation blew its chance to reform when times were good, so the suffering of the people will likely be great.
The Czech government falls.
A WSJ article about pensions in Hungary shows why its pension system is bankrupting the nation. A 40 year old guy with an injured foot gets a paycheck for life. No retraining, etc. Of course he could do a job sitting on his butt answering the phone or doing paperwork. In some ways it's similar to the pension systems for many US State governments. They will be a huge burden on taxpayers forever unless reformed.
The "card check" bill that would let union goons force people to sign up and then let the union get recognized is losing steam. Good - that was one of the worst ideas ever to hit Washington. Imagine, legislating Stalinist union "elections".
The big rally held rather well yesterday. I have subscribed to the HBC rights offering in Fido Fund, as did Mrs. B in her Sky Fund.
Word of the Day
"Protreptic" - adjective and noun [$1000]
Protreptic means (adjective) directive, instructive, didactic; (noun) a book, writing or speech intended to exhort or instruct; an exhortation, instruction.
Sentence: When will Obama get off his interminably protreptic butt and do something ?
Le Mot du Jour
"Exprimer" - verb, regular -er conjugation; "s'exprimer" - the related pronominal verb.
"Exprimer" means to express.
"S'exprimer" means to express oneself.
La Phrase: Obama s'exprime, et s'exprime, et s'exprime sans cesse. Faites quelque chose !
Sentence: Obama expresses himself, and expresses himself and expresses himself endlessly. Do something !