Chef Aid for Ireland

According to the BBC:

Irish officials have not denied they are in talks about accessing the EFSF but instead say "it makes no sense".

I believe this is what is known in legal circles as the Chewbacca defence.

Scott Sumner: an explanation

Well not really. I can't explain Scott Sumner. But this picture might clarify my comment on his blog.

Krugman for Czar

Probably the best idea Eugene Fama has had in a while.

You and me both, Warren

Warren Buffett admits that he made some "dumb" mistakes during the past year.

In his annual letter to investors in his company Berkshire Hathaway, he said the errors included buying stakes in two Irish banks.

Is there an emoticon for a rueful grin? Having spent most of my working life dealing with bankers, mostly Irish, I never thought the day would come when I could reproach myself for being too trusting of them.

Hell no, we won't go.

With American voters pondering whether Barack Obama is the Antichrist, in which case it might be better to play it safe by putting a 72-year-old with a serious anger-management problem in the White House, the Irish Times brings news that we too have substantial numbers of paranoiacs on the electoral register:

ALARM THAT Irish children could be conscripted into an EU army featured high on the list of reasons why people rejected the Lisbon Treaty, research commissioned by the Government has found.