Monday, August 09, 2010
Tangible Success from the Stimulus Bill: It is Forcing Out Obama's Economic Team
It's no coincidence that Christina Romer, chairwoman of the White House Council of Economic Advisers, announced her retirement the day before Friday's brutal unemployment report. With 131,000 more jobs lost in July, and downward revisions of 97,000 for the previous two months, it's easy to see why she would start looking for the exits.
She was always so cheerful about economic growth. I think she is now the exclamation point on the end of the failure of the stimulus. I borrowed a trillion dollars from the Red Chinese and all I got was this lousy 9.5% unemployment.
Predictably, the stimulus bill has proven to be an extraordinary waste of borrowed money that has failed to create jobs, generate economic growth or do much of anything other than line the pockets of White House political allies. That and give $308 million in subsidies to BP before the Gulf oil spill disaster, and subsidize a study on what happens when monkeys snort coke.
The one I'm the most disappointed in is Tim Geithner he seemed like the economic whiz kid that could get us growing again. Instead he is just carrying Obama's water on killing off tax cuts and doesn't seem to be listened to at all. It is still telling that the White House doesn't have a single person that has even run a lemonade stand let alone any sort of business. All they know how to do is create uncertainty and provide reasons why businesses should horde their money rather then hiring people.
As Romer fades back to her teaching post at Berkeley, Obama is adding to the economic misery by creating an environment of regulatory uncertainty. The Wall Street reform law Obama recently signed potentially requires 533 new regulations, 60 studies and 93 reports, according to the U.S. Chamber of Commerce. Obama's Environmental Protection Agency has 29 active rulemakings, and there are 100 new rules on the Labor Department's agenda and 26 at the Transportation Department.
Could the Marabella Trip be Another Sign of Obama not Wanting to be President?
Michelle’s $375,000 Spanish vacation — with the Daily Mail dubbing her a “modern-day Marie Antoinette” — is further proof of my thesis. What man who wanted to be re-elected (or see his party do well in November) would let his wife go off on such an “excellent adventure” in these economic times? Of course no one denies the right of people to have vacations – I’m coming to the end of one myself on my beloved Bainbridge Island — but closing Mediterranean beaches while booking 60-plus rooms in a five star Marbella hotel for her entourage? It is beyond tone deaf, perhaps to the level of subconscious (or even deliberate) self-sabotage.
You would think that operatives in the White House would have nixed this whole trip or suggested a different place to go. Instead they green-lit it and sure enough she broke the bank. Think about how that $375,000 could have employed 10 people for a year (let alone how many hungry people it could have fed.)
Instead that money was blown on the Spanish luxury economy pretty much for no reason at all. Why did she need so many rooms? Why did she pick one of the most expensive hotels in Marbella? I mean it was supposed to be to teach her daughter about Europe. How much cultural exchange could you do from a $6,500 a night suite?
Does Michelle know that the underemployment rate was 19.1%. That means that nearly 1 or of 4 people are either looking for work or doing part-time work because they can't find something full time. Like I said before they can't afford a $3,750 vacation let alone a $375,000 vacation.
The more this stuff happens the more I agree with the thesis that Obama just doesn't want to be President and is self-sabotaging himself so he doesn't run for a 2nd term. He just wants to give himself an A- for his only term and get out there and do million dollar speaking engagements and forget about leading or running the country.
Michelle Obama Playing the Role of Marie Antoinette
So the Versailles-like aura around her trips suggests that her prior angst arose not because millions were not able to share the lifestyles of the elite but that she herself had not yet quite partaken in the sort of life she felt she deserved — which she is now apparently enjoying to the fullest. The fact that her Costa del Sol trip coincides with hard times back in the states, comes on the heels of the Kerry yacht and the Clinton wedding, and clashes with her husband’s anti-wealthy rhetoric (e.g., “at some point you’ve made enough money”) makes it all the more weird, both for her adminstration’s equality-of-result politics and for the larger liberal narrative of talking truth to power.
You really can't "talk truth to power" when you are not only showing off the power but also the trappings of great wealth as well. I mean they reserved 30 rooms at a hotel that charges up to $6500 a night. That sounds like something a movie star or royalty would do and it seems okay when Americans are doing well. I mean it is their money after all.
The idea that we have 9.5% unemployment and many Americans can't afford to take a vacation anywhere let alone a millionaires resort like Marabella, Spain should have given someone in the White House some pause. Maybe a nice trip to the Bahamas or something or even just keep the money in the US and go to Disneyland would have been far better. Oh well, the Dems have just gave up their rights to criticize the spending habits of everyone now.
US to Hook Up the Saudi's With Warplanes
But the scope and size of the Saudi deal has unnerved Israel and its allies in Congress at a time when U.S.-Israeli relations are particularly unsteady.
Under the proposed sale, the 84 Boeing Co. F-15s for Saudi Arabia will have onboard targeting systems similar to those offered to other foreign governments, officials say. They aren't as technologically advanced as F-15s flown by the U.S. military.
I have a feeling that Israel has nothing to fear from these planes. This is all about a detente with Iran in the fight for Middle East hegemony. Could we see a reprise of an Iran/Russia axis (The Russians sold them advanced anti-aircraft missiles) and a Saudi/US access just like the Cold War?Thursday, August 05, 2010
The August Surprise? Fannie Mae and Freddie Mac to Forgive the Underwater Portion of your Mortgage?
Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie Mac to forgive a portion of the mortgage debt of millions of Americans who owe more than what their homes are worth. An estimated 15 million U.S. mortgages – one in five – are underwater with negative equity of some $800 billion. Recall that on Christmas Eve 2009, the Treasury Department waived a $400 billion limit on financial assistance to Fannie and Freddie, pledging unlimited help. The actual vehicle for the bailout could be the Bush-era Home Affordable Refinance Program, or HARP, a sister program to Obama’s loan modification effort. HARP was just extended through June 30, 2011.
That loan modification effort was a dismal failure but Fannie or Freddie forgiving the underwater portion of your home loan is a big deal. People would open mortgage bills that Freddie and Fannie owned and see that it suddenly dropped by $200 - $300 or more. They will also find out that their home was suddenly worth far less. Is the government going to hand people the difference between what their house was worth and what it will be worth now? I can see this screwing up anyone that:
1. Paid their mortgage already
2. People that decided to rent instead of buy during the boom years
3. Decided to put down a 20% down payment and lived within their means by getting a decent mortgage
4. Have a bank/hedge fund/foreign company own their mortgage and not Freddie and Fannie
I wonder what it will do to the housing market because is will effectively drop home prices by a certain percentage. I guess it would be the equivalent of buying a stock on margin at $40, then seeing it drop to $30. Then the government comes in and says it was worth $30 all along. Is the stock worth $40 like when you purchased it? Or is it worth $30 like the government is saying? Will the government reimburse the $10 loss or will you just pay on credit on $30 and not $40?
What it might also do is wreak havoc on financial stocks. What would happen if a bank suddenly saw home prices drop by 20% as mandated by the government. They would be pressured by irate customers into following suit with their own loan portfolios in order to compete with the cuts by Freddie and Fannie. So the banks get to take their haircut on the loan right now and not defer it until whenever. Those bank stress tests better be real or we might see another wave of banking bankruptcies if this thing is done wrong.
Also what would happen to 2nd tier loans and home equity lines of credit. They were all set for when the home was worth more. Will they be reset to reflect the lower prices? Would the bank be forced to take a haircut on these loans too?
The other thing that it could effect is property taxes. Will the tax assessment by trimmed by the new value of the home? Will this result in state revenue being slashed by this loan forgiveness scheme? They just bailed out the states to the tune of several billion dollars in a "jobs" bill. Will the Feds suddenly take more money away from the revenue side of state income statements?
I guess all this means more uncertainty will get injected into the market as this stuff moves from rumor mill to the real world. The day to watch is August 17 when the fate of Fannie and Freddie will be decided by Treasury. If they do it wrong there might be a raft of unintended consequences after that date.
Wednesday, August 04, 2010
Bomb Just Misses Ahmadinejoke
Iranian President Mahmoud Ahmadinejad survived an attack with a homemade explosive device on his motorcade during a visit to the western city of Hamadan on Wednesday, a source in his office said.
The source said Ahmadinejad's convoy was targeted as he was traveling from Hamadan's airport to give a speech in a local sports arena and the president was unhurt but others had been injured in the blast.
Of course he lashes out at the enemy he sees everywhere.
During a speech to a conference of expatriate Iranians in Tehran on Monday, Ahmadinejad said he believed he was the target of an assassination plot by Israel. "The stupid Zionists have hired mercenaries to assassinate me," he said.
I'm pretty sure if it was Zionist Mercenaries he would be dead right now. Those guys don't mess around. It might be a feeling out attack and the real attack will come later.
Also, I wonder if "Members Only Jacket" boy sees Zionists creeping all around him. "My toast was burnt!" Zionists! "My car got a flat tire!" Zionists! "I can't get reception on this damn TV!" Zionists! Also I hear his least favorite band is "They Might be Zionists" which you know is the Jewish version of "They Might Be Giants."
Tuesday, August 03, 2010
Glenn Beck Talks about Death Camps?
"Government makes our country function," Greer wrote. "To put God first is to put humankind first, and to put humankind first is to put the common good first."
Beck disagreed.
"This leads to death camps," Beck said on May 28. "A Jew, of all people, should know that. This is exactly the kind of talk that led to the death camps in Germany — put humankind and the common good first." (Listen to the clip below, via liberal watchdog Media Matters).
Beck has a point though. Right in the 25 points of Hitlers Nazi Party we have this statement.24. We demand freedom of religion for all religious denominations within the state so long as they do not endanger its existence or oppose the moral senses of the Germanic race. The Party as such advocates the standpoint of a positive Christianity without binding itself confessionally to any one denomination. It combats the Jewish-materialistic spirit within and around us, and is convinced that a lasting recovery of our nation can only succeed from within on the framework: common utility precedes individual utility.
That last line is what Beck is talking about. So when someone talks about common good precedes individual good they are citing Nazi ideology. If some government bureaucrat (or in this case a failed wall-paper hanger) decides that all the Jews must be liquidated "for the common good" or "that is what is morally correct" then that is what leads to 6 million people being massacred.
What Beck is talking about is who decides "the common good." It is almost never principled men that are looking out for everyone. Most of the time it is a small elite (in this case Hitler and his Inner Circle) who control every facet of their society and get to call all the shots. They get to decide that Jews are inferior, crippled people need to be euthanized, and their people need more land and it must be taken from others by force.
This same thing happened in Stalinist Russia and Maoist China. There the individual was sacrificed for the common good. There humankind as a whole was more important than the individual human. So when we get a maniac like Stalin or Mao in charge of deciding what the "common good" is we end up with millions of bodies. To them a few million dead in the pursuit of the glorious Stalinist/Maoist/Fascist whole was a small price to pay.
So Beck is saying that we cannot let government be controlled by a small elite that has the power to decide what the "common good" is. That means there needs to be no "Death Panels" that decide that Grandma has had enough health care and needs to be euthanized. There needs to be no environmentalists who think 6 billion people are too many and must be culled. In short the common good cannot ever be greater than the individual good if you want to avoid more death camps.
Motorola and Verizon Might Team up to Produce Tablet
According to the Financial Times, which gives no source, Motorola is working closely with Verizon to produce a 10″ Android tablet that will take advantage of Verizon’s FiOS service, which Moto makes the set-top box for. The size tallies with the Droid tablet we heard rumored a while back, but the TV focus is new, as well as the information that it would have dual cameras.
They say this device might be coming out as early as this fall. The idea of watching TV on a 10" Android tablet sounds pretty crappy to me but others may like it. However the idea of an Android tablet sounds like a much better idea. I hear that Android apps are quite good and may even offer a decent portable gaming experience as well. Also I wonder if it will have a Google Chrome OS on it? I might seriously consider this thing depending on its specs and how it looks. The Chrome OS and the Android apps would be what would sell me.
Japan Misplaces Several 100 year old people
Japanese authorities admitted Tuesday they'd lost track of a 113-year-old woman listed as Tokyo's oldest, days after police searched the home of the city's official oldest man — only to find his long-dead, mummified body.
Officials launched a search this week for Fusa Furuya, born in July 1897 and listed as Tokyo's oldest citizen, after it emerged her whereabouts are unknown.
The idea that they didn't know that the oldest living Japanese man had been dead for 30 years is pretty crappy. What is even worse is that they found his mummified body in his apartment and no one knew to check on him. I know he had some sort of relations that could have at least checked up on him in the 30 years that his body was slowly mummifying. I really hope someone goes to jail for that mess.
Monday, August 02, 2010
Why Can't Obama Get Growth Going Again?
Reagan got the country out of the mess because he cut taxes, cut regulation, set clear objectives, and let ordinary Americans make money. Obama is failing to get the country out of a recession because he’s telling Americans what money they can make, what kind of jobs should be created, what extra regulations will be imposed on them (once he and his dysfunctional party have made up their collective minds), and how much more they’re going to be taxed once that has been decided by all the committees that have jurisdiction. In short, he has done the one thing he should have avoided like the plague—he has created uncertainty.
That uncertainly creates hording behavior instead of risk taking behavior. This article also points out the demonization of Bond Holders in US Car Companies,"Wall Street Fat Cats," Health Insurers, Big Pharma, and now Offshore Drillers. I know many executives who will just keep their heads down and not invest in their business and hire more people because they don't want to be the next industry in the White House cross-hairs. This part also describes the White House in a nutshell:
The Obama administration consists of politicians who believe that a crisis is too good to waste, academics whose main contact with business has been soliciting money for endowments, bureaucrats impervious to economic considerations, environmental visionaries, and—to the extent that there is anyone who has spent time in business—quick buck artists who went briefly into “finance” to translate their political connections into money. Obama has appointed a cabinet and a White House staff which contains not a single former business executive. It is an administration whose only contact with Main Street is shopping.
It seems like the White House doesn't have a single person that even ran a lemonade stand let alone an actual business executive. Of course they want to raise taxes in a recession because they read it in a book and Obama wants to be FDR in the worst way. I think the GOP winning in November will go further toward a recovery then anything the White House will do in its 4 years in office.
Ahmadinajoke Challenges Obama to a Debate
During the trip, "we are ready to sit with his excellency Obama, face to face, free and before media, to put the world's issues on the table to find out whose solution is better," Ahmadinejad said in a speech to visiting Iranian expatriates aired live on state TV.
Ahmadinejad has repeatedly proposed televised debates with American presidents over the past years, an offer dismissed by Washington.Perhaps this will be the "meeting without preconditions" that Obama talked about on the campaign trail. I mean the opportunity to debate an enemy leader face to face would put Obama in the same league as Nixon and Kruschev and the Kitchen Table Debate of the 50s. If Obama lives up to the oratory skills that the press tells us he had in 2008 he should run rings around Ahmadinajoke. It sure would make for interesting historic theater in any case.
Democrats Becoming the Party of the Rich?
From Newport, R.I., where Kerry’s “Isabel’’ was berthed before heading to Nantucket, to Rhinebeck, N.Y., where Chelsea Clinton was married in a mansion modeled after Versailles, today’s Democrats are looking more like Louis XVI than Tip O’Neill.
Kick in the First Family’s vacation plans for Martha’s Vineyard, and there’s a real air of Marie Antoinette & Co. retreating to idyllic gardens, while Fox News whips up revolutionary flames. The ethics charges against Representative Charles Rangel of New York are added foie gras.
It isn’t about having a lot of money. It’s about making people feel you are rubbing your money in their faces, while draining their modest assets for sketchy government programs funded by taxes you don’t want to pay.
Things like the failed stimulus and the auto-bailouts are case-in-point. It looks like they just took a pile of your tax money and set in on fire. They don't even know where all of the spending is going. Then you add fuel to the fire by seeing government bureaucrats slipping out of paying taxes or giving themselves gold-plated pensions at the tax payers expense.
Friday, July 30, 2010
The Taliban is Saying "Thanks WikiLeaks"
The Taliban is wired, and they’re pouring over the military intelligence published by WikiLeaks earlier this week.
"We are studying the report," Zabihullah Mujahid, a self-proclaimed spokesman for the Taliban in Afghanistan, told British television station Channel 4.
"We will investigate through our own secret service whether the people mentioned are really spies working for the U.S. If they are U.S. spies, then we know how to punish them."
Was the Coast Guard Partly to Blame for the Oil Spill?
The Coast Guard is not supposed to participate in firefighting, but instead assign an expert to coordinate the private firefighting efforts of the rig operator and its contractors. The Coast Guard failed to do so, and the result was an uncoordinated, “general response” effort that mainly relied on salt water to extinguish the fires. That is not the most effective way to fight rig fires; the best way is to use foam, which apparently wasn’t on hand. An expert would have known this, but as CPI’s report of the testimony shows, none was assigned:
I wonder if they had this expert on hand he could have stopped the ships from using sea water to fight the fire. I'm not sure where they could have gotten the foam ships in time. Also the Obama White House cut their budget so the Coast Guard themselves had no way of fighting the fire only experts that could coordinate the effort.
One thing I did notice was that there sure was a lot of scrutiny on what BP is doing to cap the well but there was almost no news on the fire fighting response. I assumed that they didn't want to blame the brave people that scrambled ships to shoot salt water on the fire but maybe it was sue to a "cover the ass" effort by the White House.
If the Coast Guard didn't follow correct procedure because the couldn't pay a rig fire fighting expert due to budget cuts then that is a big deal and needs to be investigated. Also how far away were fire fighting ships that had foam aboard and why were they not involved in the effort?
Gibbs Lashes out at Rush then Immediately Scores Own Goal
“I’ll let those that sat in the cheap seats a year-and-a-half ago and wanted to walk away” from a milion workers, he continued, “explain to every one of those workers why they made that decision.”
Finally, he wrapped it up: “And then you should ask Mr. Limbaugh — I don’t know what kind of car he drives, but I bet it’s not an F-150.”
The F-150 truck, we should note, is made by Ford, which didn’t get federal rescue funds.
That has to be the biggest howler I have ever seen. I bet he doesn't drive a car made by the only American car maker that wasn't bailed out. Hell, the only American car that I will even consider buying is a Ford. All that bailout did was screw over the bondholders and gave a huge chunk of stock to the UAW. Then the idiotic "Car Czar" threw a bunch of darts at a map and closed a bunch of dealerships that had been in business for 70+ years. I saw the car bailout as what it was; the government blowing $60 billion to bail out the UAW.Thursday, July 29, 2010
Facebook Introduces an Answer Service
Facebook Questions helps you tap into the collective knowledge of the more than 500 million people on Facebook. For example, if you're vacationing in Costa Rica and want to know the best places to surf, you can use Facebook Questions to get answers from nearby surfing enthusiasts. Because questions will also appear to your friends and their friends, you'll receive answers that are more personalized to you.
To ask a question to the community, just click the "Ask Question" button at the top of the homepage. You can also ask questions about your friends from their profiles, similarly to how you would post on their Walls.
I hope you can get answers to something a little more interesting (at least to me) then were to surf in Costa Rica. If it is a lot of hipster sort of questions like this then I am not interested. However, if you can ask something like "What is the best history book on Wiemar Germany and why?" and you get a decent answer then I will be using Facebook Answers all the time.
Is the Global Warming Movement Dead?
Indeed, if Democrats backed-off from their grand designs to cut carbon emissions 17% below 2005 levels by 2020 with sizable majorities in Congress and a “celestial healer” in the White House there is little chance that they will ever be able to accomplish anything better at a later date. And if America--the richest country in the world and the biggest emitter of greenhouse gases--won't act, there is a snowball's chance in Mumbai that India or China will.
If the US has to back off their global warming plans then China and India will do so as well. The only reason they were for it at all is that it would have hobbled the US economy. The Chinese were already way ahead of us on solar panels and other "Green Tech." They would have won out big if we passed Cap-and-Tax and we had to buy billions more of their products.
The moment I knew this whole warming thing was dead is when I learned how shoddy the computer software was that all of their models were based on. There were no change logs or programming discipline involved in any of it. Instead it was just a black box you plugged numbers into that you tweaked until you got the right results. That means you cannot trust a single thing that came out of that program since you have no idea how it was created.
If they scrapped the whole mess, were contrite, started from scratch, and actually listened to their skeptics they might have more converts. Instead they just closed ranks and didn't even investigate their own failures. They just white-washed it and are hoping that no one was paying very good attention. Instead they have probably put the last nail in the coffin of the whole affair. I'm glad too because Cap-and-Tax would have sent us spiraling directly into a double dip.
Democratic Operative: John Podesta a UFO Enthusiast?
“The time to pull the curtain back on this subject is long overdue,” Podesta claims, arguing for the academic legitimacy of the book he’s endorsing. “It’s time to find out what the truth really is that’s out there. The American people – and people around the world – want to know, and they can handle the truth. UFOs: Generals, Pilots, and Government Officials Go on the Record represents a pivotal step in that direction, laying the groundwork for a new way forward.”
I have to agree with him. If there are UFOs buzzing our pilots and checking into our affairs and the government knows about it they should come clean. I think the American people can take it especially in the Internet Age. I mean trying to find out what UFOs are be they natural phenomenon, or aliens, top secret aircraft, or even mental constructs Americans have a right to know.
I wonder if a person who is a deep insider like Podesta with all his contacts in Washington can get his hands on the real skinny on UFOs. Also the idea of putting his reputation on the line means he now has some skin in the game as well. Too bad one of Obama inner circle isn't intellectually curious about this kind of thing.
Did Obama Just Call Blacks a Mongrel People?
When asked about his background, which includes a black father and white mother, Obama said of African-Americans: "We are sort of a mongrel people."
"I mean we're all kinds of mixed up," Obama said. "That's actually true of white people as well, but we just know more about it."The president's remarks were directed at the roots of all Americans. The definition of mongrel as an adjective is defined as "of mixed breed, nature, or origin," according to dictionary.com.
Talk about a rush to the dictionary to cover Obama's ass. The only people that I have ever heard that referred to blacks as "mongrel people" were White Supremacists. I guess he meant something like a melting pot or and myriad of different origins or something similar. Whenever he goes "off prompter" he seems to stumble into these messes. The idea of the President of the United States being on some frivolous gab fest like The View is another story entirely.
Up to 6600 Arlington Graves Screwed Up?
Estimates of the number of graves that might be affected by mix-ups at Arlington National Cemetery grew from hundreds to as many as 6,600 on Thursday, as the cemetery's former superintendent blamed his staff and a lack of resources for the scandal that forced his ouster.
John Metzler, who ran the historic military burial ground for 19 years, said he accepts "full responsibility" for the problems.
But he also denied some of the findings by Army investigators and suggested cemetery employees and poor technology were to blame for remains that may have been misidentified or misplaced. He said the system used to track grave sites relied mostly on a complicated paper trail vulnerable to error.
In the 19 years since this guy was the head why couldn't they just change the system to something more advanced. Hell, a Microsoft Access program in Office 2003 could track the remains of 6600 people. Now we might have to do some DNA testing in order to find out what remains are where. What a joke. I wish we could bring criminal charges against this Metzler character.
Wednesday, July 28, 2010
What Could You Buy With a Trillion Dollars?
40,816,326 New Cars
The 2010 Volkswagen Jetta TDI wins Kiplinger's Best in Class honors for cars in the $20,000-to-$25,000 price range. At a sticker price of $24,500 each, $1 trillion would let you drive away with a fleet of Jettas equivalent to 30% of all the cars already on U.S. highways. (The total U.S. car fleet is more than 135 million, according to the U.S. Department of Transportation, excluding trucks and SUVs.)
Imagine a fleet of 40.8 million cars driving down the road paid for with Red Chinese money? That is pretty much what Obama spent in just 9 months. That is just breathtaking.
140 Billion Hours of Labor
That's calculated at the federal minimum wage of $7.25 an hour. Still hard to get your mind around? How about this: One trillion dollars is enough to hire all 2.8 million residents of the state of Kansas -- men, women and children -- in full-time, minimum-wage jobs for the next 23 years.
Too bad with all that spending we still can't beat that 9% unemployment rate. I wonder if you just took that trillion and permanently slashed payroll taxes by 1/2 and see how many jobs that would be created that way?
1.33 Trillion Chocolate Bars
Got a hankering for something sweet? A sweet $1 trillion will buy you that many 1.55-ounce Hershey's Milk Chocolate bars at 75 cents apiece. That's 64 million tons of chocolate, equivalent to the weight of more than 150,000 Boeing 747-400s.
If you take the figure 3 billion pounds of chocolate is consumed per year that means that works out to 42.6 years of chocolate consumption. Now that is a lot of chocolate.
Replace Annual Incomes for 19.2 Million American Families
Median household income in the U.S. (half the families earn more, half earn less) was $52,029 in 2008, according to the Bureau of the Census. At that level, $1 trillion would be enough to cover the incomes of a sizable percentage of total U.S. family households. There are no recent official estimates, but the 2000 U.S. Census figured there were about 71.8 million family households.
In other words it could pay the entire salary of 26% of all working families in America. If you dropped the figure to like $40,000 you could pay for millions more.
The worst part of all this spending is that most of that money seems to flushed down the toilet. We see no decent return for that amount. No growth or a reduction in unemployment. Instead we just borrow more from the Red Chinese and set that money on fire. I wish we could take away that credit card for a few months and learn some actual fiscal discipline for once.
WikiLeaks Might Cause the Death of Afghan Civilians
The Times cited one 2008 document that included a detailed interview with a Taliban fighter considering defection.
The man, who names local Taliban commanders and talks about other potential defectors, is identified by name, along with his father's name and village.
In another case from 2007, a senior official accuses named figures in the Afghan government of corruption.
"The leaks certainly have put in real risk and danger the lives and integrity of many Afghans," a senior official at the Afghan foreign ministry, who declined to be named told The Times.
I hope the US can get these people out of the country because it is a matter of time before the Taliban kidnaps these people in the middle of the night and tortures them to death. I wonder if Julian Assange will be like Lady McBeth and just can't quite scrub the blood off his hands if the Taliban nabs these people.The Vulture Comes to Washington State
President Obama will visit the Puget Sound area next month to talk about the economy and headline a fundraiser for Sen. Patty Murray, D-Wash., an administration ally locked in what she describes as a close reelection race.
A White House spokesman would not give a date, but Murray campaign spokeswoman Julie Edwards indicated the visit will be August 17.
He has pretty much doomed the chances of every candidate he has stumped for in the past. Washington State is pretty deeply blue plus Murray has been Senator for 17 years. So if they lose here then Obama's vulture streak will take on epic proportions. I wonder if he should avoid White Sox games in order for them to win the AL Central?SEC is Now Behind the Iron Curtain
The law, signed last week by President Obama, exempts the SEC from disclosing records or information derived from "surveillance, risk assessments, or other regulatory and oversight activities." Given that the SEC is a regulatory body, the provision covers almost every action by the agency, lawyers say. Congress and federal agencies can request information, but the public cannot.
Well, I guess it would be up the Congress to pierce the Iron Curtain suddenly thrown up in from of the SEC. Paging Paul Ryan could you send some of your staffers down there to get the real skinny when the need arises. I thought Obama was all about the transparency.
Tuesday, July 27, 2010
Good Commenatry on the Whole Journolist Affair
Journolist provides a window into the mindset of the journalistic and academic left in this country. It is not a pretty sight. The demonization and dehumanization of critics is arresting. Those who hold contrary views to the Journolist crowd aren’t individuals who have honest disagreements; they are evil, malignant, and their voices need to be eliminated from the public square. It is illiberal in the extreme.
Well liberals have always been illiberal about any thought that they don't agree with. If they can't raise a better argument they are quick to censor and try to use the government to stop the argument from going on any further.
It all goes down to a saying I heard from Dennis Prager years ago: Conservatives think Liberals are Wrong; Liberals think Conservatives are Evil. If you go by that assumption it isn't a big stretch to see them demonizing and dehumanizing conservatives. Even the insane violence and the watching Rush Limbaugh die fantasies are from this same mindset.
Maradona Out as Argentina Coach
The Argentine Football Association (AFA) on Tuesday elected not to renew Diego Maradona's contract as national team coach, AFA spokesman Ernesto Cherquis Bialo said.
Doubts had surrounded the 49-year-old's future ever since a tense meeting with AFA president Julio Grondona on Monday and newspapers had spent the day speculating on who would succeed the man who led the team to victory as star player at the 1986 World Cup.
I guess he can go back to bad-mouthing the US and sniffing that "Bolivian Marching Powder" again.France Declares War Against Al-Quida
The declaration and attack marked a shift in strategy for France, usually discrete about its behind-the-scenes battle against terrorism.
"We are at war with al-Qaida," Prime Minister Francois Fillon said Tuesday, a day after President Nicolas Sarkozy announced the death of 78-year-old hostage Michel Germaneau.
The humanitarian worker had been abducted April 20 or 22 in Niger by al-Qaida in the Islamic Maghreb, and was later taken to Mali, officials said.
Well, at least France is finally understanding the true face of these al-Quida scumbags. Yeah they will execute some 78 year old aid-worker in a minute if they get the chance. Let's hope they channel the spirit of Napoleon in this war and not the spirit of Petain.Monday, July 26, 2010
Sherrod Back Under the Bus
Earlier this week a handful of people in the blogosphere began to speculate Sherrod would pull off a “full Ginsburg,” or become only the thirteenth person to appear on all major Sunday talk-shows on the same day since the feat was first accomplished by William H. Ginsburg in 1998. However, this was before a clip of Sherrod suggesting Andrew Breitbart wants blacks “stuck back in the times of slavery” went viral. Sherrod also drew extensive criticism late in the week for blasting Fox News as racist.
Considering the Shirley Sherrod interview barrage that took place last Thursday, to not see Sherrod on television Sunday morning sends a clear signal the mainstream media no longer feels allowing the public to get to know the real Shirley Sherrod advances their agenda.
I think they were afraid she would do more damage to their narrative with more extemporaneous charges of racism toward conservative boogy-men. She was the aggrieved party right up until she started to slander Breitbart with a charge that you could safely say that no one has had in 60+ years.
At least she could have said he wanted to bring back Jim Crow or something. I mean who other then some 100 year old white planter in the 1950s really wanted to actually bring back slavery? Now the media just wants her to disappear before she says something else outrageous.
Friday, July 23, 2010
ObamaCare Just Keeps on Giving: Insruance Companies are Not Selling New Plans to Children
Some major health insurance companies have stopped issuing certain types of policies for children, an unintended consequence of President Barack Obama's health care overhaul law, state officials said Friday.
Florida Insurance Commissioner Kevin McCarty said in his state UnitedHealthcare and Blue Cross Blue Shield have stopped issuing new policies that cover children individually. Oklahoma Insurance Commissioner Kim Holland said a couple of local insurers in her state have done likewise.
Now the Obama guilt trip followed with some Chicago style demonization will be directed at UnitedHealh and Blue Cross Blue Shield to make them toe the line. Of course they won't and more threats will be issued etc.
Thursday, July 22, 2010
JournoList Went After Palin En Masse
Suzanne Nossel, chief of operations for Human Rights Watch, added a novel take: “I think it is and can be spun as a profoundly sexist pick. Women should feel umbrage at the idea that their votes can be attracted just by putting a woman, any woman, on the ticket no matter her qualifications or views.”
Mother Jones’s Stein loved the idea. “That’s excellent! If enough people – people on this list? – write that the pick is sexist, you’ll have the networks debating it for days. And that negates the SINGLE thing Palin brings to the ticket,” he wrote. . . .This article also pointed out how journalists all went after CNBC people at the same time as well. I remember Jim Cramer and Rick Santelli were blasted in the press seeming out of the clear blue sky. Suddenly they were causing the financial crisis etc. I also remember that Jon Stewart went after Cramer with special gusto as well. I am wondering if he or one of his minions was on this list as well?
Cap-and-Trade Dead: Killed by Recession
Senate Democrats on Thursday abandoned plans to pass an energy bill that caps emissions of carbon dioxide, saying Republicans refuse to support the measure.
Senate Majority Leader Harry Reid said no Republican was willing to back a comprehensive energy bill, a development he called "terribly disappointing."
There were no Republicans willing to lose their jobs over a tax that will be levied on all Americans as the utilities pass it on to consumers. This one bill would have raised the prices on everything in the US since almost all of them need electricity in order for them to be produced. I am convinced that it would have made us spiral into a double dip recession. With Cap and Tax dead the idea that you should never raise taxes (especially on everything produced using electricity in the US) will still hold true.
Wednesday, July 21, 2010
Is the JournoList the Death of the Mainstream Media?
For independents who don’t follow politics closely, the JournoList scandal provides a simple, blatantly obvious narrative about fraud and propaganda. A sizable segment of the “journalist” population stands revealed as sputtering extremists, who talk about killing stories and destroying people’s lives to protect their favored political candidate. Yes, these people are self-professed liberals – they’re not pretending to be “objective” reporters or news anchors – but the cross-pollination between “liberal” and “objective” journalists is a blindingly obvious matter of public knowledge, and the things they’re talking about doing are vile, underhanded, and conspiratorial.
I think the idea of the "objective" journalist will die because of this so-called Newsgate. I mean some of them had fantasies of watching Rush Limbaugh die as they stood there and laughed.
As reported in the Daily Caller, Sarah Spitz, producer* of the KCRW public radio program “Left, Right and Center,” which is heard on a number of NPR stations across the country, wrote on JournoList that if she witnessed Limbaugh dying of a heart attack, she would “laugh loudly like a maniac and watch his eyes bug out.”
I can't wait to tune into the "objective" reporting of KCRW public radio "Left, Right, and Center" (maybe they should change the name to Left, Far Left, and Communist) when their producer wants to laugh in the face of a dying Conservative. That is a woman I can trust to report the news "fair and square" without any bias when she is not fantasizing about watching people die. I don't like Rachel Maddow but I never had visions of me laughing in her face as she expired right in front of me. This kind of grotesque liberal sickness has finally been brought out into the light.
This is just like the ClimateGate emails in many ways. This finally shows Americans how they are being duped by the people they used to trust. ClimateGate shows that scientists "cook the books" and try to destroy reputations rather then present an unbiased view of their science. It got people to think about what hidden motives these scientists actually harbor. Are they slanting the science for money or prestige or just to run the show when it comes to world economies?
Newsgate shows that the media tells only certain stories and buries what goes against their ideological narrative. These reporters are seen duping the American people into, for instance, voting for an unready candidate just because he was the media darling. It will have Americans asking what other sorts of stories do the media like to bury? Who else do they want to see die as they laugh in their face? How deep does this conspiracy go? Should I keep paying for the Washington Post if they are simply printing propaganda that is filtered through their far left lens?
In many ways this might be the gravestone of the modern media establishment. Already newspapers can barely stay solvent and magazines are closing their doors. Now we have the revelation that many of their contributors and confidants are bunch of vile underhanded hacks that fantasize about watching you die if you are middle of the road or conservative.
Any readers that they have that are not far leftists probably don't want to read propaganda day in and day out. Americans don't like to be tricked or have someone tell them what news is safe for them to read. Now we have bald-faced proof that a large portion of the media cannot be trusted to be objective anymore.Conservatives knew this for years but now everyone else will.
I think the Dems should write the "Leftist Media Bailout Bill" or maybe consider nationalizing them because their slow march to oblivion might have just turned into a headlong rush.
Conspiracy Theory Time: ObamaCare to Track Gold Purchases
Section 9006 of the Patient Protection and Affordable Care Act will amend the Internal Revenue Code to expand the scope of Form 1099. Currently, 1099 forms are used to track and report the miscellaneous income associated with services rendered by independent contractors or self-employed individuals.
Starting Jan. 1, 2012, Form 1099s will become a means of reporting to the Internal Revenue Service the purchases of all goods and services by small businesses and self-employed people that exceed $600 during a calendar year. Precious metals such as coins and bullion fall into this category and coin dealers have been among those most rankled by the change.
So that means if you own your own business and are socking some money away in gold just in case things go bad the government wants to make sure they tax you. The conspiracy theory idea comes from the idea that $600 is so low which means just about every gold transaction would be flagged. So they could add a little dossier about "survivalist types" that are squirreling away gold and do something nefarious. They can sell that knowledge to shady international bankers for whatever schemes they have.
The really bad part is that suddenly small businesses have another added layer of reporting that they have to do for pretty much no reason. So the payment to your accountant or your attorney, the new laptop you bought for the intern, or that new postage meter will suddenly have to be tracked by the IRS. All this extra reporting won't be free. Some 1099s would read like phone books depending on what sort of business you own and how many $600+ purchases you need to do in order to get your business to run profitably.
Also why does the IRS need to know this stuff in the first place? It seems they just want to make an extra $17 billion in income taxes over 10 years. This comes at the cost of $10s of billions more in wasted time and extra man-hours that it would take to comply with this asinine new 1099. The sooner the Supreme Court strikes this monstrosity down the better life will be.
Tuesday, July 20, 2010
Leftist Media Actual Conspired to Kill Stories and Smear Conservatives
Others went further. According to records obtained by The Daily Caller, at several points during the 2008 presidential campaign a group of liberal journalists took radical steps to protect their favored candidate. Employees of news organizations including Time, Politico, the Huffington Post, the Baltimore Sun, the Guardian, Salon and the New Republic participated in outpourings of anger over how Obama had been treated in the media, and in some cases plotted to fix the damage.
In one instance, Spencer Ackerman of the Washington Independent urged his colleagues to deflect attention from Obama’s relationship with Wright by changing the subject. Pick one of Obama’s conservative critics, Ackerman wrote, “Fred Barnes, Karl Rove, who cares — and call them racists.”
There is no such thing as journalistic integrity in a business that literally conspires to keep you from learning the truth. I guess you can now call it the Pravda Era of American Journalism and simply ignore vast swaths of the main stream media as news hiders and not news reporters.
Cast the Movie Now: Daring Escape from Auschwitz Brought on By Love
The day was July 21, 1944. Bielecki was walking in broad daylight down a pathway at Auschwitz, wearing a stolen SS uniform with his Jewish sweetheart Cyla Cybulska by his side.
His knees buckling with fear, he tried to keep a stern bearing on the long stretch of gravel to the sentry post.
The German guard frowned at his forged pass and eyed the two for a period that seemed like an eternity — then uttered the miraculous words: "Ja, danke" — yes, thank you — and let Jerzy and Cyla out of the death camp and into freedom.
I would go with Johnny Depp to play Bielecki and maybe Kate Winslett with dyed hair to play Cyla. It would be like the Notebook with SS guards. Maybe like Letters to Juliet meets the Great Escape.Monday, July 19, 2010
A Primer on the Cultural Elite
It is a sloppy term that might include the academic class in the university that educates our children in college. The upper echelons that run government departments constitute part of this cultural elite. So does an entertainment cadre that oversees television and Hollywood. Corporate managers are elites as well.
There is no racial, regional, religious, or tribal commonality. One shared allegiance perhaps is to higher education that certifies the cultural elite by diplomas of all sorts from a “good school,” as well as a respectable salary and a nice home with appurtenances. The good life of the elite is defined by both the absence of worry about necessities, and a certain status that accrues from properly recognized advanced education and sensitivity.
I think them being divorced from actual labor and running a business is part of why we can't get the unemployment under 10%. They think that all people need is more grant money or more contacts on a foundation and jobs should be flowing like crazy. They haven't had to run a business in order to make money so the business can continue. That is why they have such an aversion to profit since they have never had to make it or their company goes out of business. I mean no one is going to close Cal Berkley even if it lost money for 20 years strait.
What is so odd to me is that they can be okay with Leo DiCaprio making $20 million a picture but can't stand when a CEO makes $1 million or more a year. They both do a job that the vast majority of Americans cannot do. Only a handful of people could open a $60 million movie or run multi-billion dollar company. So they are both paid what they are worth. However, the left hates the CEO for whatever reason and treats DiCaprio with reverence and awe.
Thursday, July 15, 2010
More Evidence of the Stimulus Bill Failure: How we paid $500,000 to generate each job
The purpose of the trip is to highlight the “success” of the President’s $862 billion economic stimulus package which the White House claimed yesterday has already “saved or created” 3 million jobs. Specifically, this factory is being subsidized by $151 million of stimulus funds from an even larger $2 billion honey pot of stimulus money set aside for electric car battery investments. This one plant is expected to employ 300 workers. That works out to more than $500,000 per job created. $500,000 per job. This plant, in a nutshell, explains why the President’s stimulus plan has been an objective failure.
The government is the master in taking billions of dollars and figuratively flushing them down the toilet. They might have been better off if they didn't just give the money to people so that they could pay the bills or start businesses or something.
BP Caps the Well on the 85th Day
A tightly fitted cap was successfully keeping oil from gushing into the Gulf of Mexico for the first time in three months, BP said Thursday. The victory — long awaited by weary residents along the coast — is the most significant milestone yet in BP's effort to control one of the worst environmental disasters in U.S. history.
Wednesday, July 14, 2010
"White Flight" From MySpace?
Subsequent statistical analyses of the characteristics of users of online social networks by researchers, marketers and bloggers, she notes in her latest work, backed up her claims that white and asian teens who belonged to higher socieconomic strata (and who aspired to college, with which Facebook at the time was associated) were attracted to Facebook, while latino, black and working-class teens tended to opt for MySpace.
This seems like an interesting parallel to draw:
Boyd argues that MySpace's inability to deal with spammers added to the feeling of urban blight that overtook the site, leaving derelict profiles "covered in spam, a form of digital graffiti... As MySpace failed to address these issues, spammers took over like street gangs."
Subsequent media coverage of the "death of MySpace" was a direct result of this flight, says Boyd. For example, she cites a 2009 New York Times article that was entitled "Do You Know Anyone Still on MySpace?" despite the fact that at the time Facebook and MySpace has roughly equal numbers of users.
The problem too was that the corporations and the celebrities jumped onto Facebook almost en mass. In other words the so-called cool kids with the flashy cars and the big bank accounts were on Facebook. I guess MySpace was the inner city public high school with its gang problems, its giant crappy advertisements, and graffiti everywhere. I remember that most of the MySpace sites you went to had floating crap everywhere and just looked thrown together and haphazard.While Facebook was college with its privacy, its white suburban sameness, and its games with cute little avatars. In fact Facebook started as a place for college students to meet and only opened to the public in the last few years. In other words it was a place to graduate to after MySpace.
So if you take the college analogy a little further most inner city kids and poor whites don't (or can't due to circumstances) aspire to college so they may not have made the jump from MySpace High to the University of Facebook. What incentive is there to go to a place populated with white and Asian college kids when you aren't a white or Asian college kid?
Two New Diet Drugs Move Toward Possible Approval: lorcaserin and Contrave
Arena Pharmaceuticals' lorcaserin is one of three drugs that are boosting hope for a new generation of more effective weight-loss medicines. One gets a Food and Drug Administration review on Thursday and the others, later this year.
In the study, lorcaserin (lore-KASS-ah-rin) caused more people to lose at least 5 percent of their body weight over one year, more than twice the rate achieved by those on dummy pills.
There is also this drug in the works as well:Contrave, made by Orexigen Therapeutics Inc., combines bupropion and naltrexone. The first is used to help people quit smoking and deal with depression. The second is used to decrease cravings for alcohol and illegal drugs.
As long as they don't blow out your heart like Fen-Phen did in the 90s. That second one sounds petty interesting because it is a smoking cessation drug mixed with a drug to decrease cravings. That should work well for those compulsive eaters out there.
In any case it is good to see some companies taking a chance on diet drugs. That Fen-Phen scare and the resulting lawsuits pretty much soured the whole deal for years. The idea that you just pop a pill and you lose weight sounds like it should have been invented decades ago.
Stimulus "Saved" Millions More Jobs: Pricetag of Each Job $239,444
Updating its estimate of the impact the controversial new law has had, the White House now projects that the vast spending act has created or saved between 2.5 million and 3.6 million jobs.
That's up from the estimate of 2.2 million to 2.8 million jobs that was released in the first quarter of the year from the White House Council of Economic Advisers. The new estimate says the act is on track, if it hasn't already reached, the promise that the stimulus act would save or create 3.5 million jobs by the end of 2010.
Well, if you actually break that number down. They spent $862 billion to "save" 3.6 million jobs. That means that each job cost $239,444 to save. If each of those jobs paid the median yearly wage of $32,140 that means that $207,304 extra was needed to generate each job. I know that most of that amount was funneled off for Democrat pet projects and shovel ready BS but you get the point.The funny part is the White House is crowing about the stimulus like it was anything but a dismal failure. The unemployment rate was still 10% when it was promised to be 8%. Also the total jobs lost during the recession was 7.9 million. So even with the stimulus we are still 4.3 million jobs short of a full recovery. The more you look at it the more you can say that they took $862 billion and just set it on fire.
Pelosi Blasts Gibbs for Speaking the Truth
Asked Sunday on NBC's "Meet the Press" if the Democratic majority in the House was in jeopardy, Gibbs responded: "I think there is no doubt there are a lot of seats that will be up, a lot of contested seats. I think people are going to have a choice to make in the fall, but I think there's no doubt there are enough seats in play that could cause Republicans to gain control."
What was wrong with saying the truth? Does Pelosi feel that even speaking about the GOP taking over the House will make it happen? Is she that scared of the possibility that she doesn't even want anyone to talk about it? I mean Gibbs is actually being a pragmatist here. In any case this rift shows how contentious this election is going to be even among fellow Democrats.
Monday, July 12, 2010
IPhone 4G Death Group Problem Solved: Duct Tape?
The main culprit appears to be a gap in the band separating the Wi-Fi, Bluetooth, and GPS segment of the antenna from the section for cellular GSM and 3G reception. Experts believe that if you touch the gap and "bridge" the two antenna segments, you may lose reception and even drop calls.
So here is what you do to get around that problem:
That said, Gikas notes that there is an "affordable" fix for iPhone 4 owners other than Apple's $30 Bumper cases: duct tape, or "another thick, nonconductive material." "It may not be pretty," Gikas says (now there's an understatement), "but it works."
Department of the Interior Attempts to Kill 1000s of Gulf Jobs
Interior Secretary Ken Salazar unveiled the new six-month moratorium, worded differently from an earlier drilling ban after a U.S. appeals court struck down the original moratorium last week.
"I am basing my decision on evidence that grows every day of the industry's inability in the deepwater to contain a catastrophic blowout, respond to an oil spill and to operate safely," Salazar said.
The new ban will extend until November 30 and affects the same drill rigs as before, although it is based on types of drilling technologies rather than on water depths as the old one was.
The oil companies won't simply stack up their rigs until November 30. They will move them to Brazil or the North Sea or somewhere else where they won't be losing millions per day. So Obama pretty much ceded those jobs that were once held by American oil field workers to someone living in Brazil or Sweden.Those are year long leases they will be signing so you can kiss that American job goodbye. So we have the spectacle of having the coast fisheries decimated by oil and the oil field workers also out of a job at the same time. I wonder if they would be doing this if Louisiana was a blue state?
Friday, July 09, 2010
Poll Against Obama on Immigration Lawsuit
Half of Americans reject President Barack Obama's lawsuit against Arizona's controversial immigration law, with only a third supporting the move, according to a Gallup poll released Friday.
I can just hear him now:
"I don't do the things that a popular *pauses looks at teleprompter* i do what I think * pauses looks at other teleprompter* is right! *pauses looks at both teleprompters*
LeBron Criticized for Train-Wreck of a Move to Maimi
As the worst idea in the history of marketing unfolded, James looked trapped somewhere between despondence and defiance. His bumbling buddy Maverick Carter had walked him into the public execution of his legacy, his image, and there was a part of James that clearly wished he could turn back through the doors and hide. Only, it was too late. No going back now. James goes to the Miami Heat, Cleveland goes into a basketball Hades and LeBron’s legacy becomes that of a callous carpetbagger.
Yeah I have to agree that this was not a smart marketing move at all. I mean you have the Cavs owners ripping the crap out of him a few minutes after the announcement and you do have an actual train-wreck on your hands.
He should have just said that he didn't want to play in Cleveland any longer and saved the humiliation of the town trying to hold on to him. He could have just said he wanted to try his luck with his good friend Wade down in Miami weeks ago and saved us all this run-up and stupidity. Then the speculation would be on bringing Bosh to Miami to make the team into a contender.
What Miami gets now is 3 All-Star players and that is pretty much it. They have to "fill in the role-players" most of which will be at minimum salary. That means they probably won't win any titles for years until they can get the right mix of defense and long range shooting to compliment the All-Stars.
So in other words LeBron left a title contender that he gave up on in the Playoffs to join a team that is basically 3 guys and a bunch of nobodies. I guess it just boils down to that the allure of the Miami nightlife and all those hot Latinas was just better than a bunch of frozen winters in a town that once had its river catch fire.
Thursday, July 08, 2010
Our Long National Nightmare is Over: LaBron is Going to Miami
LeBron James has made his decision. He's going to join Dwyane Wade and Chris Bosh with the Miami Heat.
James made his long-awaited announcement in a hastily arranged ESPN special Thursday night in Greenwich, Conn., and James wasted no time in making a prediction: "We're going to be a real good team."
I stopped watching SportsCenter for a while just to avoid all the annoying speculation. I was also tired of the army of talking heads that were sure where LaBron was going because they heard from someone close to his Camp that LaBron was wearing Bermuda shorts and thus was going to Miami. I guess on the upside NBA was finally relevant again for like 5 minutes.The New Head of Medicare and Medicaid Sounds Like a Communist
“In America, the best predictor of cost is supply; the more we make, the more we use—hospital beds, consultancy services, procedures, diagnostic tests,” Dr. Berwick wrote. “… Here, you choose a harder path. You plan the supply; you aim a bit low; you prefer slightly too little of a technology or a service to too much; then you search for care bottlenecks and try to relieve them.”
If you control the means of production and "plan the supply" you can control the people through an artificial shortage. That sounds like something that Stalin or Mao tried and their people died by the millions. I assume that "enlightened individuals" like this Dr. Berwick will be the ones who will be doing this "central planning."
I wonder how many hospital beds and procedures will go to the Party Members in Good Standing (ie Hollywood and Government elite) and not to everyone else? I think you just saw a little red under the white doctors smock of Dr. Berwick.
UAE Wants Us to Bomb Iran
Ambassador Yousef al-Otaiba: “I think it’s a cost-benefit analysis. I think despite the large amount of trade we do with Iran, which is close to $12 billion… there will be consequences, there will be a backlash and there will be problems with people protesting and rioting and very unhappy that there is an outside force attacking a Muslim country; that is going to happen no matter what. If you are asking me, ‘Am I willing to live with that versus living with a nuclear Iran?’ my answer is still the same: ‘We cannot live with a nuclear Iran.’ I am willing to absorb what takes place at the expense of the security of the U.A.E.”
I agree that a nuclear arms race in the Middle East will be the last thing that the UAE would need.
Doom Seems Overrated
I now see at firsthand how I avoided hearing any good news when I was young. Where are the pressure groups that have an interest in telling the good news? They do not exist. By contrast, the behemoths of bad news, such as Greenpeace, Friends of the Earth and WWF, spend hundreds of millions of dollars a year and doom is their best fund-raiser. Where is the news media's interest in checking out how pessimists' predictions panned out before? There is none. By my count, Lester Brown has now predicted a turning point in the rise of agricultural yields six times since 1974, and been wrong each time. Paul Ehrlich has been predicting mass starvation and mass cancer for 40 years. He still predicts that `the world is coming to a turning point'.
The doom industry takes in billions a year and employs 1000s of people so things are always at a turning point headed downward. They can't say that things have been solved or they would all be out of business. So Global Warming will kill millions of people even if they have to cook the books because it challenges the existence of an entire industry. When their livelihoods are threatened as well as their decades of accomplishments then a little lying and exaggeration is a small price to pay.
Friday, July 02, 2010
Time to Stop Buying Dell Computers
Dell, along with many other manufacturers of PCs, used capacitors produced by Nichicon, a Japanese electronics giant. According to court documents [PDF] in the suit against Dell brought by a major customer, Nichicon sold faulty capacitors, a key motherboard component, that leaked and failed with alarming regularity -- and Dell knew it.
In his excellent piece in the New York Times this week, reporter Ashlee Vance refers to an internal study by Dell that predicted its Optiplex line of business computers containing Nichicon capacitors were expected to have a failure rate of 97 percent over three years.
If they went ahead and used these capacitors knowing full well that they would fail and then covered it up then they join Sony in my product dustbin. This is especially bad when it comes to a computer since I know how bad people take it when their computers die.
I have bought an HP Netbook and I am very much enjoying it so far. I was thinking of upgrading my desktop so I can take advantage of Virtualization Technology and I was looking at the Dells. I can now stop and look at the HPs and Acers now instead. I don't buy things from companies that attempt to defraud their customers.
Steele commits Own Goal on Afghanistan Comments
"If he's such a student of history, has he not understood that, you know, that's the one thing you don't do is engage in a land war in Afghanistan? All right? Because everyone who's tried, over a thousand years of history, has failed," Steele said. "And there are reasons for that. There are other ways to engage in Afghanistan."
I wouldn't call the British holding Afghanistan from 1839 - 1919 a failure. If not for WW1 I would be willing to bet the Brits would have still been able to hold Afghanistan for many more years after 1919. They fought 3 major wars against the Afghan people and one 2 out of 3. They were eventually removed but you cannot say that controlling Afghanistan for 80 years was some sort of disastrous failure.
In any case that defeatist talk should not come out of any top official in the GOP and Steele should really look at stepping down. I mean he is taking the same tract as the Dems did when it was Bush's failed war. Now that Obama has taken possession of the war by sending an additional 30,000 troops the GOP needs to support their commander in chief.
Sumo Betting Scandal Makes the US News
Japan's public broadcasting network, NHK, added to the sport's woes Friday by announcing it might drop coverage of the event. The network said it had received 8,200 public comments, only about 10 percent of which supported going ahead with airing the Nagoya Basho.
"We will wait until after the Sumo Association announces its measures and decide what to do after that," said NHK spokesman Yuichiro Ishii. "We will weigh viewers' opinion about whether it should be shown."
That would be the only time in the postwar era where a tournament was canceled. It all started with a blackmail scheme by Ozeki Kotomitsuki.
The latest scandal began May 20 when a weekly magazine claimed that senior wrestler Kotomitsuki was being blackmailed over his gambling debts. Ironically, the source of Kotomitsuki's troubles appears to have been his winnings: Having complained to his bookmaker about not receiving 5 million yen ($55,000) in payments on bets, he was approached by a mob-connected ex-wrestler who extorted 3.5 million yen in hush money. The mobster is alleged to have demanded a further 100 million yen ($1.1 million), which Kotomitsuki refused to pay.
That is why if you have to bet you do it with Vegas gambling houses and not mob controlled bookmaker. Or if you have to bet then do it through a trusted friend or associate and not directly to the bookmakers. If Kotomitsuki was smart he would have just told one of his fan club people that he can trust to handle all the bets with him including the money transfers. Actually what he should have done is not bet on baseball in the first place since he knows he would get into trouble if he did.
Russian Spies Use Pretty Wimpy Methods Techwise
The FBI said that one of the suspects, Anna Chapman, would go to a coffee shop in Manhattan on Wednesdays and set up her laptop. A little while later, a minivan the FBI knew was used by a Russian official would drive by. To the naked eye, there was no contact between them.
But the FBI said it figured out that Chapman's computer was set to link wirelessly to a laptop in the minivan, using a standard, built-in Wi-Fi chip. In the short time the computers were close, they could transfer encrypted files between each other.
The agency figured this out with commercial Wi-Fi analysis software, not with something from Q's lab.
Yup she just connected to a regular wireless network sent out by a Russian official from a minivan. No secret networks or hidden drop sites or anything like that. Hell, even sending coded messages in the newspaper to a hidden drop box would have been harder to crack.Thursday, July 01, 2010
Google Buys Travel Software Company
Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would provide the Internet search leader with more comprehensive information about airline flights.
The all-cash deal announced Thursday could signal Google's intention to mount a challenge to other online travel services such as Expedia and Orbitz.
I wonder if they are going to start selling airline tickets as well in a Google Travel Service sort of thing? I bet some airlines would hate it because it would let people search for the lowest fares using Google search technology. Although the idea that the airlines could pay Google for better placement above their rivals might make them feel better. The idea that you could book your flight right from Google sounds pretty good as well. All they need is Google Bank and they can handle everything.
Maradona Throws Fuel on the Germany vs. Argentina Match
Diego Maradona is Argentina’s irascible coach and former mega-star player. He had gotten word that German player Bastian Schweinsteiger was complaining about Argentina’s tactics with the referees, the behavior of their fans and, of course, the dirty acts that went down during a brawl following Germany’s 2006 World Cup penalty kick victory.
So Maradona stared into a Fox Sports camera on Thursday and with a mock German accent asked:
“What’s the matter Schweinsteiger? Are you nerrrvoushhh?”
I really hope Germany kicks the crap out of Argentina so we can see the Hand of Cocaine sniffing and crying on the sidelines after the game. Maybe he will pull a Woody Hayes and punch a German player so he gets banned from the sport for life.