Fanax: the Mycenaean term for "king"; pronounced "wanax". The funny initial letter, "F", is called digamma and shows up in Archaic Greek epigraphy (papyrus and tablet writings). The sound, if not the letter form, and its linguistic equivalent initially show up in the heiroglyphic writings (Linear B) of Bronze Age Greece both at Pylos, in the far west of Greece (Peloponnese), and at Knossos in north central Crete, the funny "F". Specifically, digamma shows up in the Greek of Homer's Iliad with the word "F"anax, but there it's a "rough breathing" in the form "(h)anax", where the term is linked to an important individual at Pylos. In Classical and Hellenistic Greek, the F continues in this aspirant, or "h" sound, form at the beginning of many Greek words.

Entries for month: July 2009

The Decline of Markets

July 31, 2009 ·

Victor David Hanson writes well and insightfully about parallels about other wealthy nations that grow too myopic to understand what (and when) they are losing their soul.

"The notion that the average American youth—20 hrs a week before the video game or TV console, a product of a therapeutic education that seeks to ensure that he is sensitive rather than educated—will inherit the lifestyle of his fathers seems to me dubious."

"[W]e know the ultimate end of the present road: a vast bureaucracy of non-taxpaying incompetents, damning the estranged few for not producing ever more to be taxed, convinced that they are geniuses—and only due to some sort of unfairness have been surpassed by others."

Tags: politics

A Simple Observation

July 29, 2009 ·

Click here to read a fascinatingly simple observation from Cato on the effects of current tax law.  It's really amazing that we the people seem surprised when companies and individuals act entirely in accordance with the laws that are laid out for us.  If it's cheaper to borrow money than to hold assets, then that's what we'll do, isn't it?

Tags: politics

we (mostly) all knew this

July 21, 2009 ·

I think we all know this or have known it.  Certainly you're well aware of the effect if you've ever managed software programmers and have had to explain to management why the constant interruptions (PM, AE, customer phone calls, etc) is making it impossible for them to hit deadline.  It applies to everyone, though, even if many managers don't understand that the impact of a 5-minute phone call is far more than 5 minutes ...

Tags: politics

$23.7 trillion liability

July 21, 2009 ·

That number's from the TARP inspector general ... the equivalent of spending $1,000,000 per DAY for 64,888 years, basically since the Neanderthal died out in the mid-Tarantian period ... seriously?  Granted it's not a number that *will* be spent, but if this were an audit, it is a balance sheet liability, so what possible asset collection comes close to covering that?  I guess every house in America is probably in hock to cover this now, huh?

Tags: politics

Declaration of Independence

July 04, 2009 ·

The enitre document is, of course, a text to be honored and re-read and remembered.  But at times certain passages stand out, don't they?

"He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance."

-- Declaration of Independence, July 4, 1776, declared by the thirteen united States of America

Tags: politics

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