mlhiss's definitions
by mlhiss April 18, 2019
Get the I'm Fuckedmug. An Institution that is too big of a risk to save. The institution is often viral and perpetuates big failures to their benefit and to their constituents detriment. Their philosophy is basically: Heads I win, Tails you loose.
The failing Institution has a neg trend, that will continue since policy changes don't achieve recovery goals even when successful. For those affected there is extreme vulnerability and risk of saving it, and little to gain.
If success occurs it benefits those that caused the failure. Those most negatively impacted continue to pay the costs, and suffer.
The group saving the institution may have little control over the outcome and benefit stream, but is responsible for all the costs and liability. However, the group saving may have an agenda and be able to transfer the cost to others. And may do so at a very high price.
The group doing the saving may be walking the fine line of being an empowerer or enabler.
Sometimes as an enabler in collusion with the institution to keep the those people affected by the institution in a constant struggle for survival.
Saving the institution creates moral hazard. Failing institutions point to the negative "domino effect", where their failure will create catastrophic failure. Others argue the "domino effect" is the solution since it destroys institutions that perpetuate disasters, and end subsidized failure.
The failing Institution has a neg trend, that will continue since policy changes don't achieve recovery goals even when successful. For those affected there is extreme vulnerability and risk of saving it, and little to gain.
If success occurs it benefits those that caused the failure. Those most negatively impacted continue to pay the costs, and suffer.
The group saving the institution may have little control over the outcome and benefit stream, but is responsible for all the costs and liability. However, the group saving may have an agenda and be able to transfer the cost to others. And may do so at a very high price.
The group doing the saving may be walking the fine line of being an empowerer or enabler.
Sometimes as an enabler in collusion with the institution to keep the those people affected by the institution in a constant struggle for survival.
Saving the institution creates moral hazard. Failing institutions point to the negative "domino effect", where their failure will create catastrophic failure. Others argue the "domino effect" is the solution since it destroys institutions that perpetuate disasters, and end subsidized failure.
Wall Street is is "Too big to be saved".
Why would Wall Street want to be saved anyway. By most accounts it planned the failure. And bet against it's success. It would be against their free market principles to save Big Failure. And they could grab the assets up for a few cents on the $.
Italy is not "Too big to be saved". However, the Italian gov is too big a failure to save. Italy is a beautiful country and will be easy to save when the gov that perpetuated the disater is removed.
Measures to save the institition may cause more suffering than letting it fail. Saving the institution may not save the positive attributes of the institution, which may not have any to begin with, especially when those most responsible for the failure have the most to gain, and profit.
Why would Wall Street want to be saved anyway. By most accounts it planned the failure. And bet against it's success. It would be against their free market principles to save Big Failure. And they could grab the assets up for a few cents on the $.
Italy is not "Too big to be saved". However, the Italian gov is too big a failure to save. Italy is a beautiful country and will be easy to save when the gov that perpetuated the disater is removed.
Measures to save the institition may cause more suffering than letting it fail. Saving the institution may not save the positive attributes of the institution, which may not have any to begin with, especially when those most responsible for the failure have the most to gain, and profit.
by mlhiss November 8, 2011
Get the Too big to be savedmug. The marshmallow test, tests a children’s willingness to delay gratification. Sort of a self administered positive feedback for delaying gratification. Children get a marshmallow, with the opportunity to get a second marshmallow if they wait 15 minutes before eating the first one.
During the Covid-19 Pandemic the marshmallow test is misaligned for most who don't think they can get it. If they delay gratification by social distance and wear a mask and wash hands and delaying certain activities where these things are not possible they don't get a extra marshmallow but they may get a few extra years of life and have a relative and friend a little longer.
by mlhiss June 10, 2020
Get the marshmallow testmug. A poorly designed roundabout; eg poor design, confusing signage/road markings, mixing bikes and pedestrians into the traffic in precarious ways. The problems is made worse when many drivers are not from the local area and are not be familiar with the intersection.
We are about to enter the crashabout, don't assume the other drivers, bikers and pedestrians have a clue as to what to do.
by mlhiss July 9, 2020
Get the crashaboutmug. Don't Do Stupid Shit (DDSS)
On Air Force One on an Asian trip, Obama presented the basic guiding principle of the Obama Doctrine: "Don't Do Stupid Shit". However, he failed to give a coherent vision of the Great Stuff, or even the principles guiding such great decisions for a vision.
by mlhiss August 14, 2014
Get the Obama Doctrinemug. '"Tiny Man Square" in modeled after Tiananmen Square, in that it is now walled off and democratic protests are not allowed in the area proper. Even the people that work in the area cannot not protest or whistle blow without being fired.
by mlhiss June 8, 2020
Get the Tiny Man Squaremug. Approximately, 47% of the households did not pay federal income tax in 2011. This was in part because the Republicans lowered taxes on the poor to justify huge tax reductions for the extremely wealthy classes during the Bush Era. However, many in the 47% category still pay other types of taxes such as payroll taxes, property taxes, sales taxes, state income taxes, and fees, etc.
The Romney Doctrine promotes the idea that many of these people are unable to change because they feel like they are victims. This includes retirees and elderly, poor that are sick or disabled, mentally incompetent, working poor, under employed and unemployed, students, and farmers who depend on government assistance during part of their lives. Many of these people feel entitled to these government benefits after paying into these systems for most of their lives through income and payroll taxes and fees. And many of them will not vote for a presidential candidate that will dismantle much of the social safety net, or that favors a privatization of these systems.
The Romney Doctrine promotes the idea that many of these people are unable to change because they feel like they are victims. This includes retirees and elderly, poor that are sick or disabled, mentally incompetent, working poor, under employed and unemployed, students, and farmers who depend on government assistance during part of their lives. Many of these people feel entitled to these government benefits after paying into these systems for most of their lives through income and payroll taxes and fees. And many of them will not vote for a presidential candidate that will dismantle much of the social safety net, or that favors a privatization of these systems.
Approximately, 47 percent of the households in the US did not pay income taxes.
Most of these households paid payroll, and other state and federal taxes and fees.
Most of these households paid payroll, and other state and federal taxes and fees.
by mlhiss September 19, 2012
Get the 47 percentmug.