Monday, October 31, 2005

Iran Confiscates Mannequins?

The Iranians are some funny people I kid you not. They are confiscating lewd mannequins just in case some upstanding Muslim man may want to have sex with a plastic dummy.

A spokesman for the city's judiciary, who asked not be named, explained the drive would tackle problems of "public chastity." He said 65 mannequins have been impounded so far.

Actually they were Zionist mannequins that want to corrupt the Iranian people and make them turn away from Allah. Their plastic forms make men want to do unchaste things I tell you!

Stewart Wanted to get rid of Trump?

Now this could turn into a real Biggie vs Tupac thing before too long. Check out the first signs of disrespect by the Ex-con:

"I thought I was replacing The Donald," Stewart says in the Nov. 14 issue of Fortune magazine, on newsstands Nov. 7. "It was even discussed that I would be firing The Donald on the first show."

When did Trump learn that she intended to bump him off his own show? "I don't think he ever knew," Stewart tells the magazine.

Then Trump fires back:

I think there was confusion between Martha's `Apprentice' and mine, and mine continues to do well and ... the other has struggled very severely," Trump said recently on a radio program.

"I think it probably hurt mine and I sort of predicted that it would."

Trump better watch himself. Martha could pull a shank on him at any time with some of those prison skills she developed. And after the big house she has nothing to lose:

"I have learned that I really cannot be destroyed."

It'll be 187 on Trump's ass.

Bush Nominates Judge Alito

Finally, Bush has the common sense to nominate an actual judge to the Supreme Court. He has been a judge on the 3rd U.S. Circuit Court of Appeals since 1990. So he seems pretty qualified. He seems to be against abortion though:

In the early 1990s, Alito was the lone dissenter in Planned v. Casey, a case in which the 3rd Circuit struck down a Pennsylvania law that included a provision requiring women seeking abortions to notify their spouses.

It should be the kind of fight that the Republicans are looking for. A rumble over a conservative Court pick. Whatever this pick's fortunes are I think that even though abortion is made illegal in the US people will end up going to Canada to get them. Demand will always go to where the supply is. Here is a pic of Alito and Bush:

$450 Billion for Exxon?

I know that this is a hoax by this Chinese concern called King Win Laurel Ltd. It would really be something if this much financing could be rounded up. I have a feeling that only the Chinese government could round up this much money. So the conspiracy theorist in my has the Chinese Government pumping money into this secret buyout firm. It sure would be interesting to see Exxon bought out in this way.

Friday, October 28, 2005

Oil Companies Record Profits while US consumer gets clipped

Now this is the kind of thing that makes me mad. I really think someone should do something about oil companies getting record profits while the economy and consumer spending are hit by high energy prices. This I agree with:

"These companies are turning in record profits -- they have a responsibility to expand refining capacity," U.S. Energy Secretary Sam Bodman told a Senate Energy Committee hearing on hurricane damage to the industry.

This idea is totally stupid and muddle headed:

Democrats have also introduced bills that would impose a windfall profits tax on crude oil. Sen. Hillary Clinton of New York wants to assess companies up to $20 billion annually to help consumers and develop new energy technologies.

Yeah, lets just steal their profits without getting much of anything back from it. It becomes a disincentive for them to increase capacity, pump more oil, or even deliver more gas. So the prices of oil, gas, and distillates would go up because the demand is still there but the supply is constrained.

I would bet that the oil companies would go out of their way to get under the profit tax including shuttering refineries, stopping the exploration of new sources, or even hiding profits or spinning off parts of their business. It's either that or their money gets stolen by the US government.

Whatever the case Exxon and the other oil companies had better increase dividends, create a special one time dividend, or increase their stock buyback program. They need to return some of these record profits to shareholders.

Bye Bye Libby!

Well, it looks like the leaker is none other then I. Lewis "Scooter" Libby Jr the vice president's chief of staff. And he just resigned his post. These allegations are pretty serious I think they include obstruction of justice, perjury and making false statements .

I'm glad they got rid of these kind of people who pull these Clinton/Nixon era dirty tricks. Even though I'm a moderate I still believe in the integrity of the White House. Not just for the President but for all the staff working there as well. I mean there was no reason to bring this Wilson's wife into the thing at all. Even if she may have gotten him the job these White House types know that a CIA agent with a blown cover could get a lot of people killed.

I hope the Bushies can get this behind themselves and get back to the domestic issues at hand. I mean where is the push to make the tax cuts permanent. What can they do to curb the oil companies who just made record profits. That sort of stuff.

Thursday, October 27, 2005

White Sox Win the World Series!

Well it is about damn time. 1917 is a long time to wait. Did you know that the last time the White Sox won this thing the US was just getting into WWI after the Lusitania was struck by a torpedo? There was still an Ottoman Empire as well as an Austria-Hungarian one during that time. Also during that year the Russian Revolution happened.

Almost every single thing that I see around me has been invented since that time. Everything from this computer I'm typing this on, to the chair I'm sitting, on to the network, that you are reading this on has been invented since 1917. The entire world including almost all of the maps, the cultures, the social boundaries, the morays, and the behaviors have been reinvented since the last time the White Sox hoisted the trophy. Now only the Cubs are left.

Cellborg Created!

Now this is pretty weird stuff that University of Nebraska scientists just figured out. Here is what they did:

Scientists first coated a silicon chip with a layer of live Bacillus cereus bacteria. Some of the long, rod-shaped microbes lodged between two etched electrodes on the chip’s surface, forming a bridge. The chip was then washed in a solution containing tiny gold particles, each one about 30 nanometers across.

This what the weird-assed gold cellborg can do:

The cellborg sensor is extremely sensitive: a drop from 20 percent to zero humidity results in a 40-fold decrease in current flow. In humidity sensors that are solely electronic, the decrease is only 10-fold.

If they could get it to reproduce itself then we will have some science fiction style stuff going on.

Barry Cowsill missing?

Hmm, now here is an interesting case for the team at Without a Trace. It looks like the former child star just vanished after Katrina hit New Orleans.

He left a message on his sister Susan's cell phone that was retrieved a few days later. He said he was holed up in his apartment. He said he'd seen looting. He asked for help.

That was the last his siblings heard from Barry Cowsill.


I wonder if he parished in the storm or he just moved to a shelter somewhere and isn't reading the newspapers and such. This line could move this into the Urban Legend catagory:

There have been some leads, some reputed sightings, including one that had Barry Cowsill showing up on CNN, but nothing that as of yet has reunited the siblings.

Harriet Miers out of the Running

Finally, Miers came to her senses and bowed out of the nomination. She got Bush off to hook for nominating her in the first place. I think this is exactly why I didn't think she was right for the job:

Republicans and Democrats alike questioned her qualifications — Miers had never served as a judge — and Bush faced charges of cronyism for tapping his former personal lawyer for the highest court in the land.

She was never a judge and wanted her first job on the bench to be the most powerful one in the nation? I think there should be some sort of list of qualifications that the person must meet to be considered for the job. Like years of experience as a appeals court judge or something.

And that cronyism charge is part of the reason why Bush's number are down. He keeps putting his friends and confidants in at posts even if they are unqualified. He's acting like a Tammany Hall Boss here. This is worryingng statement though:

Conservative jurists who received serious consideration last time or somebody outside what Bush calls the "judicial monastery," perhaps a current or former senator who would be welcomed by the GOP-controlled Senate.

The judicial monastery? Well these are judges considered for a job for a judge right? It's like getting professional tennis stars to play football. Sure they are athletic but they don't have the right skills to excel at the position. And a senator is right out unless he was a former judge. That guy will really get the unqualified tag pretty fast. Maybe he should tap a constitutional law scholar of some kind. Kind of like his FED chief is a former economics professor.

Wednesday, October 26, 2005

Iran wants Israel off the Maps

Looks like Iran wants to put some nukes on Israel if we aren't careful. This is what this nutjob said:

Referring to Palestinian suicide bomb attacks in Israel, Ahmadinejad said: "there is no doubt that the new wave in Palestine will soon wipe off this disgraceful blot from the face of the Islamic world."

Her goes one step further by going Muslim nations who normalize relations with Israel as well.

Ahmadinejad also condemned Iran's neighbors which seek to break new ground in their relations with Israel. "Anybody who recognizes Israel will burn in the fire of the Islamic nation's fury," state-run television quoted him as saying.

Yup so there might be a nuke going to Bahrain and Qatar as well. And we are supposed to reason with these madmen? Good luck with all that.

Tuesday, October 25, 2005

McDonalds to put Nutrition on Packaging

This seems like a step in the right direction for MCD. Finally, consumers can see just how much fat they are eating when they belly up to the counter at McDonalds. I guess they are trying to make themselves seem more health conscious.

McDonald's has been a magnet for complaints that fast food is unhealthy. It was targeted by the 2003 documentary "Supersize Me," which focused on the health risks of an all fast-food diet, and hit with a lawsuit blaming the company for the obesity of teenage customers, although that suit was dismissed.

It should be good for the bottom line as long as the Senate backs that anti-suing the fastfood companies Bill that went through Congress. It seems like a good bill because there is nothing addictive about McDonalds or any other fast food. The only problem I have is that it is cheaper to eat unhealthy then healthy in America. Oh well, I guess that is just an economies of scale thing.

Monday, October 24, 2005

Excerpt from Bernanke's Economic Meetings

Here is an excerpt from Bernanke's economic briefing with Bush. Patrick the Starfish usually gives a rundown on foreign markets. While Sandy Cheeks gives Bush the briefing on the US dollar.

Here is Bernanke with Bush

Here is a pic of the new FED chief at the welcoming ceremony with Bush. One more thing at Bernanke and transparency at the FED. He must to be good at explaining the economy because he has to explain it to this guy in the gray suit every day. I think Bernanke uses either a puppet show or a well produced cartoon starring Spongebob Squarepants to do it. I thought I would beat Jay Leno to the punch.

Bernanke In as Fed chief

It looks like Bush has picked a successor to Greenspan. He also happens to be Bush's economic adviser and a former member of the Board of Governors. He also seems pretty qualified for the job unlike Harriet Myers. This is from the White House site:

Before becoming a member of the Board, Dr. Bernanke was the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs and Chair of the Economics Department at Princeton University (1996-2002). Dr. Bernanke had served as a Professor of Economics and Public Affairs at Princeton since 1985.

He seems to have a really good economics background and know what he is talking about. He also wrote three textbooks. This is good news:

Bernanke, 51, is a top monetary economist who has long advocated setting formal targets for inflation to help guide monetary policy, a position Greenspan has long opposed.

Maybe the FED will have a lot more transparency when it comes to monetary policy. No more "what inning is it in the rate tightening cycle?" arguments. Let's hope Bernanke will give us a decent gauge on how much they will be raising the rates so the market won't freak out. It's tough to gauge things when economists have such wide opinions when it comes to what level they are willing on raising rates to. I hope he takes some of the uncertainty out of FED moves.

California Milk Processor Board should not Pull Ad

Now this is a very humorous ad and the stiff necked people at baseball are just getting stupid.

The latest "Got Milk?" commercial hit a little too close to home for Major League Baseball. Poking fun at the leagues steroid scandal, the television ad for the California Milk Processor Board talks about a player getting pulled from a game "after testing positive for a performance-enhancing substance."

In the next scene, a coach pulls a carton of milk from the slugger's locker.


Baseball is saying this crap about this ad:

"There is nothing humorous about steroid abuse," said Tim Brosnan, executive vice president for business for the league. "I would think that the California Milk Processor Board and their advertising agency would know better regarding an issue that threatens America's youth."

If it threatens Americas youth so much then why hasn't baseball come down harder on the people that abused steroids and still continue to do so. Rafael Palmeiro only got a 10 game suspension for his steroid use. His team had to cut him for bad press for him to feel the sting at all. Now they are getting all righteous about this ad making fun of this kind of thing.

Friday, October 21, 2005

Bill could make TV Shows and Films into Porn

Now this is an interesting provision stuck into the new Children's Safety Act. It says that:

Currently, any filmed sexual activity requires an affidavit that lists the names and ages of the actors who engage in the act. The film is required to have a video label that claims compliance with the law and lists where the custodian of the records can be found. The record-keeping requirement is known as Section 2257, for its citation in federal law. Violators could spend five years in jail.

So the filmmaker will have to file this 2257 record or spend 5 years in jail. Now this article goes on to say this:

Industry executives worry that the provision, which is retroactive to 1995, will have a chilling effect on filmmakers. Faced with the choice of filing a 2257 certificate or editing out a scene, a filmmaker might decide it's not worth getting entangled with the federal government and let the scene fall to the cutting-room floor, the executives said.

Um, if the scene is crucial to the filmmaker vision then just file the 2257 certificate. Why is it chilling to have to file the same form as porn movies do? It seems pretty routine because the porn industry has had to do it for years and it isn't cutting into their business any. They still make billions a year. I guess Hollyweird is just chilled to have to be lumped in with those hideous porn purveyors. Hey come to think of it if they file the form they can be as graphic as they would like. They could conceivably have this Bush White House Porn Bill create more pornography in mainstream movies instead of less. Ah, unintended consequences.

Thursday, October 20, 2005

Buffett Gets a Free Ride?

This is a pretty interesting article that confirms lots of my speculations.

"Professional speculators and arbitrageurs use our regulatory filings in a manner that yields them quick profits, at the direct expense of fund investors. In particular, information provided on Form 13F -- a formerly routine regulatory filing -- is being used in a way that was never intended and is harming fund shareholders," former ICI president Matthew Fink wrote in a 2002 report to members.

Other people, a select group of sophisticated investors, including Warren Buffett, are given "confidential treatment" from even having to file 13F disclosures with the government. That means they can keep secret for as long as a year trading information that would otherwise be made public.

I agree with Thomas Kostigen when he says that everyone should have to file these kind of disclosures. Or they should all be put in the dark by making it so no one has to file 13Fs at all. Whichever the case Buffett and his ilk should not get any kind of preferential treatment at all. Especially if it is harming fund investors.

Google Squashes Estimates

Now these are some impressive numbers from Google.

If not for charges related to a recent acquisition and employee stock options issued before the company went public 14 months ago, Google said it would have earned $1.51 per share.

That figure easily exceeded the consensus estimate of $1.36 per share among 31 analysts surveyed by Thomson Financial. Even the most bullish analysts hadn't expected Google to fare as well as it did; the highest earnings estimate had been $1.46 per share.


Google's revenue for the quarter totaled $1.58 billion, nearly doubling from $805.9 million last year. After subtracting the commissions that Google paid to other Web sites in its advertising network, the revenue stood at $1.05 billion, exceeding the Wall Street estimate of $944 million
.

Now that really is blowing past the numbers. I especially like how their revenues grew so much. That means more people are going to Google then before and ads there are hot properties. I wonder if they will really be buying out AOL here. That would certainly make Google a force to reckoned with. AOLs portal with Googles search engine, e-mail, blogging and instant messaging. I would probably make it my new homepage. Sorry Yahoo.

Pfizer Stock Blasted

PFE got its ass handed to it today. It looks like Lipitor and Viagra aren't selling as well as they did before. I wonder if this is a function of high gas prices on now high heating oil prices?

Part of the problem is Lipitor, the anti-cholesterol drug whose U.S. revenue rose just 1% in the quarter due to "an unexpectedly rapid slowdown in the U.S. lipid-lowering market as a whole and marginal Lipitor prescription share erosion during the quarter of one percentage point," the company said.

Maybe people are filling up the tank instead of filling their Lipitor prescriptions. I mean getting to work is much more important then possibly getting heart disease some time in the future. Hmm, this could be bad for Americans who are already overweight because they won't be taking their cholesterol meds. They also may be eating more fast food because everyone knows that eating healthy costs far more then eating junkfood. Also if you can't stay warm/get to work you certainly don't need erectile-disfunction drugs:

Sales of the impotence drug Viagra skidded 4% worldwide to $386 million, with U.S. sales losing 7% and foreign sales gaining 14%.

Perhaps this is why Americans are getting ruder. They have high cholesterol from not taking Lipitor. All their money goes to gas or heating oil. And they can't get laid anymore because their Viagra is too expensive.