Tuesday, March 03, 2015

A Supposition: Maybe Obama Wants Iran to Get the Bomb

I was thinking why Obama would be so anti-Israel and is willing to give Iran nearly anything they want on a nuclear deal. Maybe the White House and the 56 Congressmen that ducked out of Bibi's speech want a nuclear armed Iran as a counterbalance to Israel.

Everyone knows that Israel has a number of nuclear warheads that has created a virtual detente in the region. I mean there is regional fighting between proxy armies like Hamas and Hezbollah but no out-and-out fighting like in the 70s. Israeli nuclear deterrent keeps the other nations from attacking them and gives them a freer hand in the region. This might give them too much power in the eyes of the White House and the "anti-Israel 56."

But what if the Dems and Obama want this calculus to change? Maybe they want a counterweight against Israel to come in the form of Iran. The Saudis will probably go nuclear as well so that Iran would not threaten them as well. So we would have three nations that could conceivably annihilate one another. Maybe this detente is what the White House is looking for. A new Cold War in the Middle East.

Up to three nuclear powered enemies squaring off might force Israel to come to concessions on Palestine that the Dems find more palatable. That means destruction of Jewish settlements and other things Obama hates that is "standing in the way of peace." Maybe the Dems can get right of return and Jerusalem as the capital of Palestine thrown in as well.  A peace deal between the Israelis and Palestinians that is bought at the barrel of Iranian nukes.

The White House and the anti-Israel 56 are banking on the idea that if Iran gets the bomb they will not use. The Iranians will only threaten to use it. Much like how the Soviets bluffed in the Bay of Pigs but climbed down when there were warships off Cuba. I guess 8 million Israeli lives are the stakes these people are playing with.

Obama Poo-Poos Netanyahu Speech: Says Nothing New in It: I Guess Israel Stands Alone

Obama is such an amateur on the world stage.
President Barack Obama says Israeli Prime Minister Benjamin Netanyahu didn't offer any "viable alternatives" to the nuclear negotiations with Iran during his speech to Congress.
Obama says he read a transcript of Netanyahu's speech Tuesday. He says "there was nothing new" in the speech.
I guess Obama skimmed it because a viable alternative is continue the sanctions until Iran gives up the pursuit of the bomb. Between a bad deal and no deal you take no deal. A 10 year waiting period on a nuclear Iran is no kind of deal if Obama is serious about Israeli Security.

If Iran keeps going after the bomb you have to destroy their research facilities. I mean Israel will do it if the White House blinks. Then Obama will probably condemn it in the strongest possible terms and punish Israel for protecting itself. You would bet the Dems would want to put sanctions in place on Israel if they start bombing nuclear sites.

#Netanyahu for President 2016: This is How a You Give a Speech to Congress

It is rare to see an actual leader with conviction speak to Congress after 7 years of Obama but Netanyahu knocked it out of the park.

Facing me right up there in the gallery, overlooking all of us in this (inaudible) chamber is the image of Moses. Moses led our people from slavery to the gates of the Promised Land.
NETANYAHU: And before the people of Israel entered the land of Israel, Moses gave us a message that has steeled our resolve for thousands of years. I leave you with his message today, (SPEAKING IN HEBREW), 

“Be strong and resolute, neither fear nor dread them.”

My friends, may Israel and America always stand together, strong and resolute. May we neither fear nor dread the challenges ahead. May we face the future with confidence, strength and hope.
May God bless the state of Israel and may God bless the United States of America.

I can understand why Obama dodged the speech and 56 spineless Democrats joined him. Including Hawaii's 2 cowardly Senators. They don't want to hear the strait truth from a real leader. Netanyahu is fighting hard because Iran with nukes can destroy Israel on a whim. It will be Holocaust Redux this time with 8 million victims. The 10 year path to the Iranian bomb, that Obama wants to pad his thin accomplishments with, will leave the world much more dangerous with everyone in the region with nuclear arsenals.

If I was playing Iran in the Great Game I would take this nuclear deal yesterday because it comes from a desperate White House that hates the leadership in Tel Aviv. They will probably not get a better deal from Hillary or Scott Walker or whomever. The idea of no sanctions for 10 years so you can build up a literal war chest and then a year to ramp up to the bomb in 2025 and you are a nuclear power. I would take that deal so quick it would knock Kerry off of his wind surfboard. Oh and now the Dems seem to be supporters of a nuclear armed Iran that is clear.

Monday, March 02, 2015

Here is Why Income Inequality Doesn't Resonate So Much with Most Americans

I think the Dems need another issue because as LBJ would say "this dog just won't hunt."

PSID data show that by age 60:
- 70% of the population will have experienced at least one year within the top 20th percentile of income;
- 53% of the population will have experienced at least one year within the top 10th percentile of income; and
- 11.1% of the population will have found themselves in the much-maligned 1% of earners for at least one year of their lives.
That means the majority of Americans have spent at least a little time in the top 20th percentile of income with more than half in the top 10th percentile. You couple this with the fact that almost all Americans actively strive to get into that top 20 percent. That is why this income inequality issue falls by the wayside. People don't care about minimum wage when most Americans do not want to make that amount again if they can help it. So when the Dems attack something that many Americans work hard for then their economic message is drowned out.

Obama to Iran: Wait 10 Years Before You Build a Bomb

Obama must be the worst negotiator of all time.
Iran must commit to a verifiable freeze of at least 10 years on sensitive nuclear activity for a landmark atomic deal to be reached, but the odds are still against sealing a final agreement, U.S. President Barack Obama told Reuters on Monday.
Interviewed at the White House, Obama moved to dial back tensions over Israeli Prime Minister Benjamin Netanyahu's planned speech to Congress on Tuesday opposing the Iran deal, saying it was a distraction that would not be "permanently destructive" to U.S. Israeli ties.
He's right about it not being "permanently destructive" because Obama will not be in office in 2 years. I'm sure Hillary Clinton or Scott Walker or whomever will actually treat Israel like an ally and not a pariah like Obama has. However, if Iran just waits out the clock they can go right back to building a nuke in 10 years time. Obama is so desperate for a legacy that he will take almost any deal Iran comes up with and the "10 years to the bomb plan" is not something anyone wants.

New Battle of the Sexes? Ronda Rousey called out by Former Dallas Cowboy I have Never Heard of Named Jesse Holley

After she has been demolishing most of the women in MMA maybe Rousey should fight this guy.
A former NFL player says he's found the ONE person who could beat Ronda Rousey in an MMA fight -- himself -- saying if the two got in the octagon, Rousey wouldn't stand a chance!!!
The man talking the smack is Jesse Holley -- who played WR for the Dallas Cowboys after winning a tryout with the team on Michael Irvin's 2009 reality show "4th and Long."

Holley -- who's 6'3", 215 pounds -- was on 105.3 The Fan in Dallas this morning ... when the gang began questioning if ANYONE will ever defeat the greatest female fighter in UFC history.
He would have to drop weight to get down to 135 which is what Rousey weighs. I don't think that would be possible but stranger things have happened. It would be interesting to find out if a female MMA fighter can beat an athletic amateur male who has 8 weeks to train. I know Rousey would demolish the vast majority of shlubby guys out there but I would watch her against someone like this Holley character.

Friday, February 27, 2015

Obama "Middle Class Tax Cuts" Amount to $12?

Yeah some "fighting for the middle class." You cannot even pay for an entire McDonalds meal for a family of four with this pitiful cut.
But these proposals are mostly small in scope, with limited near-term effects on middle-class economic fortunes. The White House had a telling spat last month with the Tax Policy Center, a center-left joint venture of the Urban Institute and Brookings Institution that produces estimates of the distributional impacts of tax proposals. Len Burman, the center’s co-director, who was a Treasury official in the Clinton administration, ran the numbers and found the president’s plan produced an average tax cut of just $12 for families in the middle quintile — a surprising result for a plan aimed at the middle class, and one that produced inconvenient headlines.
What the White House needs to do is dangle tax incentives for companies that follow Wal-Mart's lead in jacking up entry level pay to $9. Or even better tripling the earned income tax credit so every American making below a certain amount can get more than $12 back from so-called "tax cuts." That will get people spending again. Put a couple $1000 in someones pocket and they can pay down debt or put a down payment on a car or something similar.

Second Weird Light seen on Ceres

One is a coincidence but two is a trend.
Could dwarf planet Ceres be watching us watching it? As NASA's Dawn spacecraft approaches the largest object in the asteroid belt between Mars and Jupiter, it seems to be lighting up. Not long after images of Ceres revealed a strange reflective spot, another dimmer one came into view in the latest NASA images, giving the appearance of a spooky pair of eyes peering back at Dawn.

So what's going on here? Metallic mineral deposits? The local ice skating rink on an improbably shiny frozen lake in the bottom of a huge crater? A giant Ceresian mirror or solar farm?
If we lose contact from the Dawn spacecraft after it was zapped with an Ion cannon then we have a much bigger problem.

It's Official ISIS is now Officially Genocidal Maniacs that Engage in War Crimes

As if there were any doubt.
Several human rights groups released on Friday what they consider to be the first legal analysis for war crimes proceedings against IS.

The report, titled “Between the Millstones,” says the jihadists are guilty of war crimes, crimes against humanity and even genocide for their persecution of Christians, Kaka’i, Shabak, Turkmen and Yazidi.
I wonder if the UN will just condemn their crimes in the strongest possible terms or are they really going to something about ISIS.

We Shall Live Long and Prosper Leonard Nimoy

This is one great final Tweet.

GOP Pragmatism: Homeland Security Department funded for Now

At least they aren't going to shut down parts of the government again.
Congress closed in Friday on approving a short-term spending bill for the Homeland Security Department that would avert a partial agency shutdown hours before it was to begin.

The legislation also leaves intact Obama administration executive actions on immigration that Republicans have vowed to overturn. But Republicans insisted that passing a short-term bill preserved their ability to keep fighting them.

An early vote in the House clearing the way for final passage of the bill was approved easily, 240-183.
The GOP blinks for once. Hopefully, they will get some actual reform done and we can solve immigration problem more or less.

Thursday, February 26, 2015

Sign that there is Too Much Money Sloshing Around: Art Sales Hit New Record

Even though much of this spending is by new museums opening up that money is coming from somewhere.
Works worth $15.2 billion (13.5 billion euros) sold at auction during the year, an increase of 26 percent on 2013, Artprice said in its annual report, produced with China's Artron.
A record number of 1,679 sales worth $1 million or more were recorded over the year, four times more than a decade ago, it added.
Thierry Ehrmann, founder and CEO of Artprice, described the figures as "an amazing result, an increase of 300 percent in a decade".
That decade was one of low interest rates and much money printing. Oh and this generic looking thing sold for $84 million.

Net Neutrality Passes: Verizon and Comcast Can't Rip Us Off: At Least for Now

Well this is quite a blow to two of the worst companies in America by reputation.
New rules from the Federal Communications Commission adopted on a 3-2 vote will prohibit Internet service providers like Comcast (CMCSA) and Verizon Communications (VZ) from discriminating against any web site or online service. That means sites like Netflix (NFLX) or Google’s (GOOGL) YouTube won’t have to pay extra fees or face sluggish connections with their users. And new sites and services will be able to reach everyone on the Internet on the same terms as the big players.
So I don't have to pay a "Gamer Rate" because the majority of my packets are coming from the Xbox One or other nonsense. This defense is just hilarious as well:
Cable and telecom companies say congestion is due to the Internet companies sending more data. Higher fees are needed to cover the cost of building more capacity, they say.
Comcast made nearly $7 billion in profit last year and bought back $2 billion in shares in Q4 and are increasing their share buyback to $10 billion. I think they have more than enough money to "clear the congestion" and "build more capacity." Maybe cut that share buyback down to $5 billion and take the other $5 billion and improve service? In any case I think it will be a stopgap until Comcast can get their financial wizards online to figure some other way to nickle and dime us.

Weird Light on Dwarf Planet Ceres: Its Alien Mining Colony or something!

Now this is one weird thing.
A dwarf planet is shining two bright lights at a NASA spacecraft right now, and our smartest scientists are unsure what they are. 

As bizarre as that sentence sounds, that's the situation with Ceres — the largest object in the asteroid belt between Mars and Jupiter, officially designated as a dwarf planet (the same category as Pluto). 

NASA's Dawn spacecraft is approaching Ceres ahead of a March 6 rendezvous. The picture above was taken February 19, from a distance of just under 29,000 miles, and shows two very shiny areas on the same basin on Ceres' surface. 
My money is on an alien surface base shining a light on a craft that is flying close to their mining operation. Now more UFOs will be seen on earth to see what we humans are up to.

Wednesday, February 25, 2015

Ball Rolling Downhill: TJ Maxx Follows Wal-Mart 's Lead by Hiking Pay

It seems that Wal-mart is the trend-setter. Hopefully other retailers will follow suit.
The owner of T.J. Maxx, Marshalls and Home Goods stores said Wednesday that it will boost pay for its U.S. workers to at least $9 per hour.

The announcement by TJX Cos. comes a week after Wal-Mart Stores Inc. said it would increase wages for its employees and is a sign that more competitors may follow suit. Low-paying retailers are having a harder time retaining workers as the job market improves.
I think this may have a knock-on effect to the rest of the economy. You give workers another $2 an hour and they will spend another $2 on goods and services. I would love to see an economist calculate the economic impact of a majority of companies hiking their minimum pay all at once. Also it would be interesting the see the cost savings of reducing employee churn. Lets see what other companies do with this trend.

Monday, February 23, 2015

401K Supreme Court Case Could save us some Money

I hope the SCOTUS finds in favor of the 401K participants.
In the initial class-action lawsuit, Tibble v. Edison, participants in the 401(k) plan sponsored by California-based utility Edison International argued that they were being charged excessive fees. 

Under the federal Employee Retirement Income Security Act, companies that sponsor 401(k) plans have a "fiduciary responsibility" to act in the best interest of their employees. The lawsuit claimed that Edison breached this duty in the case of six of its fund options, where almost identical offerings charging lower fees were available. 
Sounds like this is a no-brainer.The company offering the 401K should put lower fee options in when the offerings are the same. That means institutional shares over retail ones every time.

Friday, February 20, 2015

It Seems ISIS Wants to Destroy Rome, Break Crosses, and Enslave our Women

I guess Obama not calling them Islamic Extremists does them a disservice.
The Islamic State is different from al Qaeda and almost all other jihadist movements, according to Mr. Wood, “in believing that it is written into God’s script as a central character.” Its spokesman has vowed: “We will conquer your Rome, break your crosses, and enslave your women.” They believe we are in the End of Days. They speak of how “the armies of Rome will mass to meet the armies of Islam in northern Syria.” The battle will be Rome’s Waterloo. After that, a countdown to the apocalypse. 
I think the armies of Rome needs to smash the crap out of these guys but people like Obama don't understand the threat these guys pose. I think we might need boots on the ground going forward because they hold territory that needs to be recaptured.

The Greek Euro Exit aka Grexit has been Postponed for 4 Months at Least

The can has been kicked.
The euro gained against the U.S. dollar on Friday after euro zone ministers agreed to extend Greece's financial rescue package by four months.
The agreement removed the immediate threat that Greece could run out of money next month and be forced out of the single currency area. The new leftist-led Athens government now can try to negotiate longer-term debt relief with official creditors.
"It certainly looks like we're moving away from disaster," said Sebastien Galy, senior foreign exchange analyst at Societe Generale in New York. "It should help a stress that has been building up in the market to be released."
Maybe a gradual exit from the Euro with promises to stay from the other laggards like Portugal will go a long way to solving this crisis. People will take a haircut but the Germans no longer have to prop up the bad debts from Greece going forward. 

Climate Change Big Wig Might be a Sexual Harasser: Did he Show Her his Growing Carbon Footprint?

Is isn't just global warming making things hot in there.
Indian police are investigating claims that the one of world's top climate change officials, Rajendra K. Pachauri, chairman of the U.N.'s Intergovernmental Panel on Climate Change, sexually harassed a 29-year-old woman, police and lawyers said on Friday.
The woman, who is a researcher at Pachauri's Delhi-based The Energy and Resources Institute (TERI), claims the 74-year-old Indian scientist began harassing her soon after she joined the non-profit think-tank in September 2013.