peter kobs's definitions
1. A sudden encounter with economic reality that dramatically changes one's perceptions, plans or outlook.
2. A rude awakening to the stark differences between fantasy and actual life.
3. The dramatic change process that began in September 2008 with the collapse of the U.S. financial system.
2. A rude awakening to the stark differences between fantasy and actual life.
3. The dramatic change process that began in September 2008 with the collapse of the U.S. financial system.
Jean was planning to buy a vacation home in Hawaii until she had a Rendezvous with Reality -- her retirement fund had declined 50% since last fall.
by Peter Kobs May 19, 2009
Get the Rendezvous with Realitymug. Contrary to right-wing propaganda, a Republic is indeed a form of representative Democracy in which ordinary people elect officials to represent them in a legislature or parliament. Simply put, a Republic is the "what" and a Democracy is the "how." It's been that way since the Roman Republic was established in 509 B.C.
The notion that Democracy is a mob-rule involving direct citizen voting on every issue is a distortion spread by idiots like Tom Tancredo and radical ideologues like Pat Buchanan. They don't like the term "Democracy" because it reminds them of the Democratic party.
The opposite of a Republic is a Monarchy, not a Democracy.
The notion that Democracy is a mob-rule involving direct citizen voting on every issue is a distortion spread by idiots like Tom Tancredo and radical ideologues like Pat Buchanan. They don't like the term "Democracy" because it reminds them of the Democratic party.
The opposite of a Republic is a Monarchy, not a Democracy.
by Peter Kobs April 8, 2010
Get the Republicmug. 1. A person whose entire worldview is shaped by current events, stumbling along from one crisis to another.
2. Someone without a historical perspective or hope for the future.
3. The mindset that causes "knee-jerk" reactions to almost any kind of social or economic change.
4. A state of perpetual panic about "the world today."
2. Someone without a historical perspective or hope for the future.
3. The mindset that causes "knee-jerk" reactions to almost any kind of social or economic change.
4. A state of perpetual panic about "the world today."
Larry says the U.S. economy will never recover no matter what happens in Washington -- he's a typical Prisoner of the Present.
by Peter Kobs June 4, 2009
Get the Prisoner of the Presentmug. Many people have a stash of old keys in a drawer or cabinet for "future use." Some keys have been there so long that you no longer remember what they're for. A bike lock? An old car? A cabinet at work? These are Orphan Keys.
"Honey, can we get rid of those stupid Orphan Keys in the strong box?"
"Absolutely not! One of them might open that safe we buried in the back yard during the Nixon administration...if we can find it."
"Absolutely not! One of them might open that safe we buried in the back yard during the Nixon administration...if we can find it."
by Peter Kobs August 25, 2009
Get the Orphan Keymug.