Thursday, September 30, 2010

It Looks Like ObamaCare Won't let you keep your Insurance Plan or Doctor After All

Well, it looks like all the rhetoric about keeping your doctor and the insurance plan you like was strait up lies.

"There's nothing in the bill that says you have to change the health insurance you've got right now. If you were already getting health insurance on your job, then that doesn't change."

Yet hours before he uttered that line, the Boston Globe reported that Harvard Pilgrim Health Care was canceling its Medicare Advantage coverage specifically because of new regulations imposed by Obama's health care law.

The decision "was prompted by a freeze in federal reimbursements and a new requirement that insurers offering the kind of product sold by Harvard Pilgrim -- a Medicare Advantage private fee for service plan -- form a contracted network of doctors who agree to participate for a negotiated amount of money. Under current rules, patients can seek care from any doctor," the Globe reported.

I would be willing to bet that Harvard Pilgrim will not be the only insurance company that will drop or revise their plans as they get closer to the ObamaCare deadline. I can see vast swaths of people having to change their health insurance company or have to scramble for a new doctor going forward. I guess the change we were hoping for came in the form of what doctor and insurance you have.

Wednesday, September 29, 2010

The Youth Vote Lurches Back to the Right

The Dems must really be losing it when the Youth Vote is starting to turn sour.

A September Rock the Vote poll showed the Democratic advantage in party affiliation has been cut in half since 2008—down to 9 percent from 18. Democrats get 35 percent, Republicans 26 percent, and Independents 29 percent. (2008 Rock the Vote Numbers were 41 D, 23 R, 25 I).

What is interesting is that they are polling very similar on the 9/11 Mosque and the Arizona Immigration Law:

For instance, a majority of voters ages 18-29 side with the majority of the American people against the president on the Arizona immigration law and the Ground Zero Mosque. According to the Rock the Vote poll, they support the Arizona immigration law, 53-44.

On the issue of the Ground Zero Mosque, young people give another surprising answer, opposing it 52-41:

I never thought the Dems would be doing so badly to a group that was so energized for them just 2 years ago.

In a broader shift from 2008, and a foreboding one for Democrats, the federal deficit has crept into the issues most important to young people. It places third in the Rock the Vote poll--close behind concern about jobs and the economy and the cost of college--with 66 percent "very concerned" about it. In 2008, the deficit was 12th of 15 issues for young voters.

This is a left leaning polling group too. What is interesting is that the young are getting it about the deficits. If the Dems keep ramping up the spending that eventually there is no one left to service the debt other then the 18 - 29 year olds.

They will get the burden of repaying the Red Chinese so that Auto-Workers get their sweet pensions. They don't get to have a job because impending tax increases by the Dems are forcing businesses to hoard cash instead of hire young workers. They are now competing for the same job as someone with 20 years of experience who is part of Obama's 10% unemployed.

They get to foot the bill for the health care of seniors and their social security checks as well. Add this to the fact that they might see the mother of all economic implosions if some bright Dem thinks it would be a good idea to default on our debt. You think the Great Recession is bad you ain't see nothing yet. In fact these Rock the Voters might be the only generation in decades that will have it worse off than their parents.Thank Obama and the Dems for your plight kids.

World War One is Finally Over!

Well it was only 92 years, but all of the reparations money has finally been paid back by the "Lousy Hun."

On September 26, 2010 — 92 years after the WWI officially ended — Germany made her last payment of $94 million in reparations “to private individuals, pension funds and corporations holding debenture bonds as agreed under the Treaty of Versailles.”

Too bad we cannot get the rightful sum from the Ottoman Empire and Austria-Hungry. Those blighters had the unmitigated gall to have dissolved in the meantime. One thing you can say about the Germans is they repay their debts. 92 years of reparations paid in full. That's German banking for you.

Vegas Hotel Firing Death Ray at Guests?

Now this is an only-in-Vegas sort of thing.

Yes, guests at Vdara hotel in Las Vegas now have something else to worry about: being burned alive by the glare of the building's "death ray."

What the heck's a "death ray," you ask? Well, first off, it's not as deadly as it sounds, since no one has actually died from it -- at least not yet. But according to the U.K. Daily Mail, the powerful beams of Nevada sunlight reflecting off the glass hotel onto sections of the hotel's swimming pool area have burned some guests and have melted plastic bags.

It is due to the super-mirrored glass and the concave design of the building. The sunlight is concentrated on the swimming pool. The idea of the sun reflecting off of a building melting plastic bags is unreal. What I think the Vdara needs to do is put up some kind of solar array in the swimming pool area and reuse some of this energy. They could also set up solar cooking stoves so pool goers could enjoy "death-ray cooked meals" as well.

The German Pencil War?

Now this is an interesting bit of history that I had no idea about.

Forget everything you know about corporate rivalries. Apple vs. Microsoft, Ford and General Motors, Coke and Pepsi: They're Johnny-come-latelies.

Two pencil makers here were battling before any of those brands—or the U.S.—even existed.
Their latest duel is over birthdays. Staedtler Mars GmbH this year celebrates its 175th anniversary. Next year, rival Faber-Castell AG fetes its 250th.

Yet Staedtler isn't trumped, because in 2012 it will celebrate the 350th anniversary of its earliest antecedent. City records from 1662 list a pencil craftsman named Friedrich Staedtler, to whom today's company traces its lineage.

I remember Faber-Castell pencils when I was going to high school and doing a lot of drawing. They were always the best of the best but I didn't like how they didn't have an eraser. When I was a kid erasers were mostly junk except for the white plastic click ones that came from Japan. They did make outstanding color pencils though.

I also remember having a Staedtler mechanical pencil at one time or another. They were really nice and technically sound pencils that I used for drawing as well. They remember them having a precise European look to them. They can easily compete with Japanese mechanical pencils I think.

I also went to the Faber-Castell site and they have some seriously upscale mechanical pencils. Too bad most of them are kind of fat for pretty much no reason at all. I guess most people draw with pencils that you have to sharpen. I have been a mechanical pencil guy for years so I would probably fall on the Staedtler side of this war.

For Obama Another Day Another Backyard but he is Finally getting an Earful

I guess he really likes hanging out in peoples backyards or something. However the natives are getting restless:

One man, who described himself as a small business owner manufacturing promotional items like T-shirts and lawn signs, criticized Obama's plans for allowing tax cuts on income over $250,000 a year to expire.

"As the government gets more and more involved in business and more and more involved in taxes, what you're finding is you're strangling those job creation vehicles," the man said.

The president disputed that, saying he's already signed eight pieces of legislation providing small business tax cuts.
Showing some frustration, Obama said: "Your taxes haven't gone up in this administration. Your taxes have gone down in this administration. There's a notion that, well, he's a Democrat so your taxes must have gone up. That's just not true."

In other words this small business owner is telling him to his face that he can't create jobs with his taxes higher. Then Obama just rattles off some crap about small business tax cuts that obviously haven't helped this guy. Way to be on the side of the small businessman.

It is also funny that Obama keeps saying your taxes have gone down. If he means the $400 a year tax cut from the stimulus let me take this time to laugh in Obama's face. That amounted to like $13 a paycheck. Almost no one knows it even happened let alone were helped by it.

Tuesday, September 28, 2010

New Rolling Stone Article on Obama: Is He supposed to be "Fighting Back?"

I was reading the new Rolling Stone story about Obama imploring the progressive to go out and vote while going after Fox News yet again. (I guess the remote controls at the White House are all broken or something.) However I found this cover photo to be anyone except for a fighter:



























His hands are in his pockets like he doesn't care. He has a slightly constipated grimace on his face. I guess that is mild annoyance at all this 10% unemployment talk and Americans hurting that is getting in the way of Cap-and-Trade and Card Check. Or maybe he had some bad arugula.

He is even facing away from us slightly like he needs to run down the corridor as fast as he could to get away from the Rolling Stone Camera man. Oh well, I guess he needs to get used to irrelevance after November. I see many jaunts to Chicago Bulls games and golf in his future while he complains about Fox News and "That Facist Leather Handbag John Boehner."

Tampa Bay Rays Desperate for Fans

You wouldn't think a first place team with one of the best records in baseball has to stoop to this.

In response to the bad press created by Monday night's comments from David Price(notes) and Evan Longoria(notes), the Tampa Bay Rays just announced that they'll be giving away 20,000 ticketsfree, gratis, no charge — to Wednesday night's game against the Orioles at Tropicana Field. 

Also if they don't sell out the stadium Wednesday after they give out the 20,000 free tickets they should seriously think about moving the franchise to some place that cares about baseball. Hmm, I wonder if San Antonio or maybe San Jose would think about having an MLB franchise?

Monday, September 27, 2010

Here Comes the Tablets: Blackberry Introduces the Playbook

Hmm I guess I do like the Playbook more than the BlackPad.

Instead of the "BlackPad" (ugh), RIM is calling its 7-inch, camera-packing tablet the BlackBerry PlayBook. CEO Mike Lazaridis showed off the long-rumored device during the keynote of RIM’s BlackBerry developer conference in San Francisco on Monday.


RIM says its new tablet will arrive in the U.S. in early 2011, and in overseas markets in the second quarter of next year. No pricing details yet.

It does look pretty interesting too. I might think about snagging one if the price is okay and I have read som hands-on reviews:



Another Day Another Bad Obama Poll

It seems this losing streak he has going might just be getting started.

Only 38 percent of respondents said Obama deserves to be reelected, even though a majority of voters hold a favorable view of him on a personal level. Forty-four percent said they will vote to oust him, and 13 percent said they will consider voting for someone else.
 
It’s Obama’s policies that are hurting him right now. By a 13-point margin, voters are down on the health care law. In an especially troubling sign, more than half of self-identified independents — 54 percent — have an unfavorable opinion of the law, compared with just 38 percent who have a favorable opinion.

I would be one of the people polled that have a favorable view of Obama personally but I do not want to see him reelected. I would even like to see Hillary run against him for the nomination even though that would never happen. It is the policies that are hurting him right now in my eyes. The stimulus was a massive joke, Obamacare is only in the first innings on how bad it will be, and Financial Reform pretty much amounted to creating more red tape and heaping yet more power on the FED. It has been two years and he might be looking for a Hail Mary pass to save his Presidency.

Friday, September 24, 2010

The Tea Party Driven by Women

It seems that this might be the Conservative version of the National Organization of Women.

Second is the rise of women as a force. They "are the drivers in this election cycle," Ms. Blackburn says. "Something is going on." At tea party events the past 18 months, she started to notice "60% of the crowd is women." 

Why would more women be focusing more intently on politics this year than before? 

Ms. Blackburn hypothesizes: "Women are always focusing on a generation or two down the road. Women make the education and health-care decisions for their families, for their kids, their spouse, their parents. And so they have become more politically involved. They are worried about will people have enough money, how are they going to pay the bills, the tuition, get the kids through school and college." 

I think what they really don't like is that some Washington bureaucrat is trying to maneuver for the job of healthcare and education decision-maker. I mean "cost effectiveness" panels might come out of Obamacare that deem mammograms as "too expensive." I mean only women are effected so Dr. Brother of Rahm might cut them to "bend the cost curve." I would be willing to bet that cervical exams and other sorts of female-only procedures might get the "cost effectiveness" axe as well.

The bad part is that the feminist movement is basically leftist so they would carry Obama's water when it comes to this sort of thing. They won't be fighting for women as hard as the Tea Party 'mama bears" since they will be going up against their own party. I can see them closing ranks so Obama doesn't have to carry the burden of the hated ObamaCare around.

It is also going to be interesting on how these Tea Party women are going to tackle education once they get into power. I could easily see them breaking the power of the teachers unions like Chris Christie is trying to do in New Jersey. Any fiscal sanity they can bring to education will be long overdue.

Obama's Approval Hits New Low Point and the Tea Party Surges

Well, it seems that Americans are completely ignoring the Hope n' Change.

Only 42 percent of Americans now approve of how Obama's handling his job as president, according to a new CNN/Opinion Research Corporation poll. Fifty-four percent disapprove of his performance.

The figures represent a new low-water mark in the CNN/ORC poll for the president, who, almost two years into his term, continues to wrestle with public worries over a sluggish economy and exhaustion with the wars in Afghanistan and Iraq. 

Here is one part of the poll that should give the Dems pause whenever they try to take apart the Tea Party.

In contrast, half of all likely voters now say they are likely to choose a candidate supported by the conservative Tea Party -- contributing to the GOP's 53 to 44 percent lead when such voters are asked which party's candidate they will choose in November.  

Wow half of all votes support the Tea Party? You can no longer say that the Tea Party is some racist fringe group when half of all Americans in this poll are going to support their candidates. This is after almost constant attack from the Legacy Media and the Dems. I think Americans just gravitate to the message that too much money is confiscated from them and then quickly wasted when government gets bigger and more powerful.

Obama Hits Back at Ahmadinejoke's 9/11 Truther Comments

It is good to see him stick up for this country at long last.

"For him to make a statement like that was inexcusable," Obama told BBC Persian Television in an interview at his New York hotel. "It was offensive. It was hateful. And particularly for him to make the statement here in Manhattan, just a little north of Ground Zero, where families lost their loved ones, people of all faiths, all ethnicities who see this as the seminal tragedy of this generation."

In his Thursday speech, Ahmadinejad suggested it's worth investigating allegations that "some segments within the U.S. government" orchestrated the attacks in a bid to aid Israel.

What should put all this Truther BS to rest is Obama winning the Presidency. I mean if it was a conspiracy hatched by the GOP or Bush or whomever Obama would have gotten wind of it. If not him then one of his functionaries would have leaked this information to damage the GOP forever. Also in the culture of celebrity today I would bet that at least one of the 1000s of people that had to be involved would have talked by now.  It is good to finally draw a link between Holocaust deniers and the Truther using the crazy-man boss of Iran.

Thursday, September 23, 2010

Blockbuster Files for Chaper 11

Well I guess Netflix and Redbox have finally brought them low.

The prepackaged bankruptcy case, in the works since the spring, marks the end of an era that Blockbuster and its gold-and-blue torn ticket logo helped establish. Americans used to troop to video stores on Friday for the latest movies. Now, they're skipping Blockbuster and watching movies from DVD-by-mail services like Netflix Inc., cable video on demand and Redbox vending machines.

It might come out of bankruptcy by just concentrating on main and a digital component. Unfortunately, the only think they have left is their brand. I think Netflix and Redbox will be way ahead of them and they will forever be playing catch-up. I mean Netflix is already a titan with like 15 million subscribers.They might even be cutting in on cable companies according to this:

A new report from Credit Suisse says almost 30% of Netflix subscribers aged 18-24 are using Netflix in lieu of cable or satellite TV. (17% of all users are skipping cable for Netflix.)

I mean without live sports cable has little to offer that demographic. In fact with ESPN3 I can see many people eventually skipping cable all together and going totally online for their TV viewing.

Wednesday, September 22, 2010

A Funny Difference Between Democrats and Republicans

This one statement had me laughing out loud in an article on why Obama doesn't connect with middle class Americans.

It’s a long time now since Obama was a community organizer. Even then, he might have been more comfortable dealing with communities than with individuals. Democrats are best with groups. If I break down on the side of the road, I hope a Republican stops -- he’ll fix my flat and offer me a drink. A Democrat will get busy forming a Committee to Protect Women Who Own Vulnerable Cars.

Obama would probably blame the flat tire on the Bush Administration cutting road spending so the tire wore thin too early and suffered a flat. Then he would walk away peering at his Blackberry for something more interesting than a woman on the side of the road with a flat tire.

Obama Shows Up in Someones Elses Backyard: This Time to Sell Health Insurance

I think these backyard talks are getting kind of tacky.

Just six weeks before midterm elections expected to punish Democrats, the president surrounded himself in a Virginia backyard with people who benefited from the law — a hemophiliac fearful of lifetime coverage limits that will now be eliminated, a senior citizen who got help with her heart medications.

Acknowledging that the economy is the foremost concern, Obama nonetheless insisted, "Health care was one of those issues that we could no longer ignore."

I hope that hemophiliac isn't covered by a doctor that doesn't accept Medicaid or his preferred form of treatment doesn't get the Cost-Effectiveness panels "seal of death." Also that senior citizen might have to pay more for that medicine (or get it denied if the Cost-Effectiveness panel gets their way) depending on how her insurance works out. She will also get to see her Medicare cut to "bend the cost curve." What is really interesting is to see how much insurance companies will jack up rates in the next 3 years to cover all of the free stuff they will have to account for:

Among benefits taking effect this week:

_Young adults can remain on their family's health plan until they turn 26.

_Free immunizations for kids.

_Free preventive care, like mammograms and cholesterol screenings.

_No more lifetime coverage limits, and annual limits start to phase out.

_Plans can't cancel coverage for people who get sick.

_No denial of coverage to kids with pre-existing health conditions.

Remember that they are not going to get all the new health insurance customers until 2014 so they will jack up rates between now and then. I wonder how the White House is going to fight against them other then just ramping up the rhetoric. I mean all the insurance companies will have to say is that Obamacare is making us raise your insurance by 15% and since people hate it already (40% disapprove) they will deflect the blame from themselves.

New Revalation About the Titanic Sinking

It seems that user error and greed may have downed the huge ship.

"Instead of steering Titanic safely round to the left of the iceberg, once it had been spotted dead ahead, the steersman, Robert Hitchins, had panicked and turned it the wrong way."

Patten, who made the revelations to coincide with the publication of her new novel "Good as Gold" into which her account of events are woven, said that the conversion from sail ships to steam meant there were two different steering systems.

Crucially, one system meant turning the wheel one way and the other in completely the opposite direction.

Once the mistake had been made, Patten added, "they only had four minutes to change course and by the time (first officer William) Murdoch spotted Hitchins' mistake and then tried to rectify it, it was too late."

That would have been okay but here is where the greed component came in:

There he heard not only about the fatal mistake but also the fact that J. Bruce Ismay, chairman of Titanic's owner the White Star Line persuaded the captain to continue sailing, sinking the ship hours faster than would otherwise have happened.

"If Titanic had stood still, she would have survived at least until the rescue ship came and no one need have died," Patten said.

That pretty much means that Ismay may have doomed 1500 people with his decision to keep going instead of just drifting in the water to wait for the rescue ship.

Tuesday, September 21, 2010

Stock Research: Rackspace Hosting (RAX)

I have been studying Rackspace (RAX) for a while and it seems like an interesting opportunity.

What they do:

They are a cloud computing company that provides different services to other IT outfits. They are kind of like a rental service for servers on the Internet. Instead of buying the server and having it shipped to you they host it at their site and you connect to it via a browser. They also offer higher end stuff like managed hosting and private cloud services so that companies can virtualize their IT environment.

What they have going for them:

They seem to be growing like a weed with 24.1% annual revenue growth and 42.8% net income growth per year. They are in a sweet spot of cloud computing which is supposed to be growing like crazy according to some sources I have seen. This site says by 2012, customers are expected to spend $42 billion on cloud computing. This is all basically from almost nothing just a few years ago.

Imagine how much companies will be spending in 2020 when we expect to create 35 Zettabytes of data. A Zettabyte is 1 billion terabytes. You can store about 1000 movies in a 1 terabyte drive so you can do the math on how much capacity needs to be created to cover this demand. So cloud computing might be one of the few ways a company can add capacity without building entire server farms for their data.

So the potential market they are in is big and they also provide 24/7 support by email, phone, and IM chatting. This is their so-called Fanatical Support. I think support is very important when you are trying to do something like virtualizing a data center so this might be quite a built-in advantage over someone like Amazon EC2 which charges $400 for their support.

They don't have much debt with $169 million which is a little more then the amount of cash that they have on their books. I kind of like them to have none since most high-tech firms have zero but they seem to be expanding as fast as they can. They are even hiring executives from other high tech firms like Ebay. They seem to have an eye on international expansion as well. Their execs seem to be buying the stock like crazy as well to the tune of 18 million shares.

There is also consolidation in their industry with their competitor 3Par in a bidding war between HP and Dell. Both companies wanted to pump up their margins and get more into the service field and not just sell printers and PCs. Buying a growing company (at what some people believe is an inflated price) that already owns the infrastructure and software to enable cloud computing is far superior than trying to build something themselves. I wouldn't be surprised to see some other high tech behemoth like Dell, Oracle, or SAP to come sniffing around Rackspace looking to make a deal.

Things that are Against Them:

They are trading at an 80 P/E which is phenomenally high even for a company growing as fast as they are. Their competitors are Amazon and Google two of the largest and most powerful tech firms out there. Those two companies are trading at a 62 P/E and a 22 P/E respectively. So with a P/E that high any stumble will smack the stock. It seems other investors think the same way because the short interest is at 33% of float.

You also have the headwind that some companies might not want to expand right now and would rather hold on to their cash. This could slow Rackspaces' revenue growth at the time that they are shelling out big bucks to expand. However, these companies can't wait forever since their data and server needs will grow as fast as they hope to.

Bottom Line:

I think the stock is kind of pricey here and would be a good buy at some sort of pullback to about $20 - $21. However, you will be paying for a company that is in a very sweet spot and is growing like crazy so the premium might be worth it in the long run.

The GOP Embraces the Tea Party

Well it is about time they did.

But Sen. John Cornyn of Texas, the head of the National Republican Senatorial Committee, was offering plenty of salve Tuesday.

"I think the tea party's been a very constructive movement in American politics," he said. "People are tired of everything thrown at them from Washington, and they are not going to take it anymore. We have embraced their enthusiasm and their energy in the Republican primaries and now we're strongly behind all the Republican nominees, including a number of candidates who are very actively supported by the tea party movement."

I think they are afraid that many Tea Party candidates are going to win and there will be a split in the party. I mean who are the GOP going to support anyway the Democrat running against them?

Rats off a Sinking Ship: Larry Summers Edition

It has only been 2 years and it seems there is a stampede to the door for the Obama advisors.

Summers is the third high-level member of Obama's economic team to leave in recent months, following the departure of budget director Peter Orszag and Christina Romer, head of the Council of Economic Advisers, both of whom left this summer. Treasury Secretary Timothy Geithner would be the only one of Obama's top-tier economic advisers to remain with the administration should be stay through the end of the year.

I'm betting on Geithner being shown the door right after the election. The last thing Obama needs is a market panic set off by the uncertainty of losing every member of his economic team with 10% unemployment and 1.6% GDP growth.

Friday, September 03, 2010

Dems Avoid Obama Like They Owe Him Money

It seems Russ Feingold has something better to do then meet with Obama at some labor rally in Wisconsin.

Yet Feingold's decision to skip the Obama labor union rally is unusual, particularly since it's Labor Day weekend — the traditional kickoff of the fall campaign season— and unions have been Feingold's biggest boosters in the state. Feingold's disappearing act will be doubly conspicuous, since gubernatorial hopeful Tom Barrett, the other statewide Democratic candidate, is scheduled to be there.

I keep thinking of a scene from a movie where whenever Obama pops up in their state people immediately run off in the opposite direction shouting over their shoulder "I'll talk to you some other time, I have to visit my sick Grandma in the hospital."

Thursday, September 02, 2010

Romer Admits the Stimulus Failed

Well, it is nice that someone in the White House is a realist even when they have both feet out the door.

Calling the economic recovery “insufficient”, she noted that a 0.6% drop in the unemployment rate still leaves unemployment unbearably high. “Real GDP is growing, but not fast enough to create the hundreds of thousands of jobs each month that we need to return employment to its pre-crisis levels,” she said.

Too bad she is leaving because the second part of this sentiment is just about right IMO:

"While we’d all like to find the inexpensive, magic bullet to our economic troubles, the truth is, it almost surely doesn’t exist. The only surefire way for policy makers to increase aggregate demand in the short-run is for the government to spend more and tax less. And in my view we should be moving forward on both fronts… the key is that we need to take action, and we need to do it quickly."

The spending more part is not realistic since we are spending at the fastest rate in US History. However, the taxing less part sounds really good to me. If you give more people the money they worked for instead of having the government set it on fire then more people will be helped by it.

Letting the Bush Tax Cuts Expire only for the Rich? Think Again

I'm pretty sure that people in this category aren't rich.

Taxpayers making between $40,000 and $50,000 a year would get hit with an average income tax increase of $923 next year. Those making between $50,000 and $75,000 would face an average increase of $1,126, according to estimates by the nonpartisan Joint Committee on Taxation.

If Obama really wants to win some applause from these people he would just double the tax cuts on the middle class so everyone receives like $2000/year in cuts right off the bat. That would actually stimulate the economy (even if people just use it to pay off debt) better then the stupid stuff they are trying now.

Insane Environmentalist Takes Hostages at Discovery Channel

I really hope we don't get any more of these crazy people going forward. I'm just glad he was the only person killed and not any of his hostages.

In court and on his website, he had demanded an end to Discovery Communications LLC's shows such as TLC's "Kate Plus 8" and "19 Kids and Counting." He said the network should air "programs encouraging human sterilization and infertility."

"Humans are the most destructive, filthy, pollutive creatures around and are wrecking what's left of the planet with their false morals and breeding cultures," Lee wrote in a bitter manifesto on his website.

Lee, 43, also objected to Discovery's environmental programming. He wrote in 2008 that a show he called "Planet Green" was "about more PRODUCTS to make MONEY, not actual solutions."

His brand of insanity sounds very much like that espoused by Canadian environmentalist wacko Diane Francis.

The "inconvenient truth" overhanging the UN's Copenhagen conference is not that the climate is warming or cooling, but that humans are overpopulating the world.

A planetary law, such as China's one-child policy, is the only way to reverse the disastrous global birthrate currently, which is one million births every four days.

I really hope this "kill all humans to save the environment" strain of thought espoused by Lee and Francis is going to be stamped out of the environmental movement. The whole idea of sterilizing humans to "control the population" ties these people right to the eugenicist ideas of the Nazis.