Friday, January 30, 2009
Four years for Bush's 'Google Bomb,' Google Quickly Defuses Obama's
Wednesday, January 28, 2009
Economists who do not support massive debt for pork aka Stimulus
Cato instutute - Fiscal Reality Central:Tuesday, January 27, 2009
Stimulus won't work - top Obama economist
Monday, January 26, 2009
Nancy Pelosi claims that $100 million for contraception will 'stimulate' the economy
Friday, January 23, 2009
Midlife coffee may help stave off dementia
Thursday, January 22, 2009
Financial fear in the UK
LONDON: An island nation that bulked up on debt and lived beyond its means. A plunging currency. And a financial system edging toward nationalization.
With the pound at a seven-year low and still falling, and the British banking system requiring ever-larger rounds of government support, it is no wonder that observers in recent days have pronounced this city "Reykjavik-on-Thames."
While that judgment seems exaggerated, there are uncomfortable echoes of Iceland's financial downfall in Britain's trajectory. And for ordinary consumers, who enjoyed a long boom that transformed the drab United Kingdom of old into Cool Britannia, fears are growing that Britain could return to the economic stagnation of the 1970s.
The pound has dropped 7.6 percent against the dollar this week and 4.2 percent against the euro.
Even though there has been a steady drumbeat of gloomy economic news for months here, the mood this week has darkened dramatically.
Cloudy SoCal
Tuesday, January 20, 2009
Hammas fires rockets from inside the Al Arabiya news studio building
But we have at least one confirmed incident of Hamas's launching rockets from a media headquarters: Al Arabiya reporter Hannan al-Masri is live on the air in Gaza when she is told that Hamas has just fired rockets from inside the Al Arabiya studio building, news which apparently strikes her as quite humorous. Watch the video below and turn on the subtitles feature. The first laugh might be dismissed as nervous laughter, but the second one can't. She is clearly amused by the launch. If the Israeli Air Force responded by striking the building housing Al Arabiya, it would have been completely justified in doing so.Follow the link to watch the video.
Sunday, January 18, 2009
Bush did great on China
The biggest boondoggle yet
An Obama appointment I can support
– Once called for changing the Clean Air Act to require a balancing of costs and benefits in setting national clean air standards – a fundamental weakening long sought by big polluters who believe it would help them resist cleanup; – Urged the federal government to devalue senior citizens in calculating the benefits of federal regulations because “A program that saves young people produces more welfare than one that saves old people.” This is a concept dubbed the “senior death discount,” and that environmentalists forced EPA Administrator Christie Todd Whitman to renounce in 2003; – Argued that it “might be better” to help future generations deal with global warming by “including approaches that make posterity richer and better able to adapt” than by “reducing emissions.” – Even raised questions about the value of cleaning up Love Canal, reducing arsenic in drinking water and using child restraints in automobiles?Progressives would’ve screamed, of course. But what will they do now that President-elect Obama appears poised to nominate Harvard Law School Professor Cass Sunstein to head the White House Office of Management and Budget’s Office of Information and Regulatory Affairs (OIRA)? For it’s actually Sunstein who has articulated the views noted above regarding clean air and the other issues involving costs, benefits and risk.
Harvey Roys, Jr., MD 1918-2009 slide show - bumped
Is Putin the Greens’ poster boy
I will use less energy. And we will too. The world demands more and more energy. Where will it come from? We at Chevron are working to provide more of it, both responsibly and efficiently. And we’re developing alternatives. But it’s just as important for all of us to do more with less.So should Putin be Chevron’s poster boy? They give credit to CEI, but I can't find it at their site. My favorite Putin defender will explain to you how the problem is all Ukraine's. But he is so one-sided that he isn't interesting to rea.
Friday, January 16, 2009
Bush Vindicated on Wiretapping
Thursday, January 15, 2009
Rehabilitating Bush - starting this week
The Endive - The News Leader of the Known Universe
A Secretary of the Treasury who doesn't pay his taxes?
We are asked to believe that a man of supposedly great financial sophistication couldn't understand a tax liability that tens of millions of Americans (including me) must pay every quarter.There are other reasons to question Giethner's judgment. Jeff Gerth of Politico writes:
As president of the New York Federal Reserve Bank, Timothy Geithner often preached that gargantuan financial firms like Citigroup should be held to the highest regulatory standards to make sure they couldn't take on too much risk. But when it came to supervising Citigroup in recent years, the record shows that the New York Fed eased the reins as the company blew billions on subprime mortgages and other risky deals that ultimately forced the biggest bank rescue in U.S. history. ... Poor risk management and weak capital levels were central to Citigroup's undoing. One enforcement agreement in place before Geithner took office in 2003 - an order requiring quarterly risk reports - was lifted during his watch. A ban on major acquisitions also was eliminated a year after it had been imposed in 2005. Afterward, in 2006 and 2007, Citigroup aggressively expanded into the subprime mortgage business and bought a hedge fund and Japanese brokerage, among other assets. A year later, as the global financial crisis took hold, Citigroup took losses and writedowns of more than $50 billion. The New York Fed brought no public enforcement case, although examiners privately sent a critical letter to the company in the first half of 2008.Byron York in NRO
Geithner accepted reimbursement for taxes he didn't pay.What if I didn't pay taxes? - Roger Simon - Politico.com:
Would it be OK if I stopped paying my taxes until Barack Obama names me to be his secretary of the treasury? That is a deal I would like to get. That is the deal financial wizard Timothy Geithner got. He didn’t pay all of his federal taxes for years. Then, after Obama decided to name him treasury secretary, Obama’s vetting team discovered Geithner’s little oversight. Not paying your taxes is considered serious for some people. But not for Geithner, a Wall Street “wonder boy”...The coverup
... So in November, Team Obama announced that Geithner had this little problem and was paying his back taxes with interest and that it was all an honest mistake and no big deal, right? Wrong. They decided to keep it a secret. But The Wall Street Journal discovered it and blew the whistle Tuesday.
Wednesday, January 14, 2009
Liberal principles and talk radio
American Founder Benjamin Franklin and Faith
"Each member of the legislature, before he takes his seat, shall make and subscribe the following declaration: 'I do believe in one God, the Creator and Governour of the Universe, the Rewarder of the good and Punisher of the wicked, and I do acknowledge the Scriptures of the Old and New Testament to be given by Divine Inspiration.'"Via American Minute
Tuesday, January 13, 2009
Golden retirement for public employees - unfunded
But an even more fractious battle is emerging over the array of generous defined-benefit pensions, employer-subsidized healthcare plans, job protections and degree- and seniority-based pay scales struck by states, districts and locals of the National Education Association and American Federation of Teachers. Evidence that such compensation fails to reward high-quality instruction or lure collegians into teaching, along with No Child's provision that all teachers must be well-versed in the subjects they teach, are forcing states and districts to rethink teacher compensation. The development of a statistical technique called value-added assessment -- which allows individual student test-score growth to be measured against those in the same grade -- also means that teacher performance can be objectively measured and rewarded accordingly. This is a battle already seen in districts such as D.C. Public Schools, where Chancellor Michelle Rhee is sparring with the AFT local over a pay plan that would allow teachers to increase pay by as much as $43,000 a year if they subject themselves to more-rigorous performance evaluations, as I've noted this month in Labor Watch, a newsletter on labor reform published by the Capital Research Center. But it is the mounting costs of the lavish retirement deals -- fueled by the upcoming retirement of Baby Boomers -- that will likely force states into embracing performance-based pay plans.This article is at the national level, but we have the same huge problem in Washington.
Monday, January 12, 2009
Hamas' other war & Stealing aid
Saturday, January 10, 2009
Thursday, January 08, 2009
Fight federal take-over of all Health Care
Wednesday, January 07, 2009
Do the Math: The Best and Worst Jobs in the U.S. - WSJ.com
Sunday, January 04, 2009
Harvey C Roys, Jr., MD - 1918-2009
Harvey C Roys, Jr., MD - 1918-2009
Harvey C. Roys, Jr., MD was a leader in medicine and the church in the Seattle area for 50 years. He improved many lives in both areas. He was in college in the late 1930s preparing for medical school when the University of Oklahoma took young men into medical school after 3 years of college. He earned the MD in 1943, did a one year internship, then entered the Army and served in The Battle of Okinawa in a field hospital for the 57th Field Artillery Batallion & earned the Bronze Service Star. Seeing ugly, painful tropical skin diseases, he chose to specialize in dermatology. He married Ruth Jacobson of Seattle on Aug 9, 1947. They traveled to New York City for his specialty training. He had a private practice in the Medical-Dental Building downtown from 1950 to 1988, then he worked with family practitioners, teaching them about skin diseases. Adjunct Prof at the University of Washington Medical School. He was board certified and became a "go to" guy: When you don't know what you are seeing or need a second opinion ask Harvey Roys. He retired in the early 1990s, but he continued to care for people, i.e., be a medical doctor, the rest of his life. Active in the Southern Baptist Church, he was a popular preacher and often took the place of sick or vacationing pastors. He started at least 3 churches in the Seattle area - Lake Washington, now Lake City, Baptist in Lake City, Seattle, Bothell First Baptist and one in Juanita/Kirkland. He was the senior pastor at Brooklyn Avenue Baptist Church in the University District of Seattle in the 1960s. He continued preaching until about age 75. He always enjoyed telling jokes and playing chess. He is survived by Ruth Jacobson Roys of Seattle, sons Harold in Upland, California, Curtis in Issaquah, Washington and Charles in Eastham, Massachusetts and daughter Virginia Hebron in Lake Forest Park, Washington. Service: 2 pm Saturday, January 10 at Bayview Manor, 11 W. Aloha St., Seattle. Note: Parking is very limited at Bayview Manor. Arrive early to park on the street and walk a few blocks. HIs obituary was in both Seattle newspapers on Wednesday. Seattle TimesSaturday, January 03, 2009
Cuba - 50 year of failure
Ignore the platitudes for Fidel. "But everyone gets free heath care." Health care has to be free when everyone is a slave. Look at the facts.
The real story is that a prosperous Cuba was turned into ruins in just five decades.
Investors' Business Daily editorial
Its inflation-adjusted gross domestic product is a mere 5% of what it was in 1958, the year before Castro took over, according to Jorge Salazar-Carillo of Florida International University.
"It's a major failure," Carmelo Mesa-Lago, a University of Pittsburgh economist, told IBD. "Cuba is unable to increase food production to meet its needs and now imports 84% of its food. Cuba produced 7 million tons of sugar in 1952. This year, it's 1.5 million tons. This is the result of economic policy of collectivization, killing of individual incentive, inefficiency, constant changes of policy."
Reliable data are hard to come by. S&P refuses to rate the country for that reason. The regime conceals its failures. But if long lines at the Spanish embassy seeking immigration aren't enough of an indicator, the chronology of Cuba's economy tell an important story:
1957: Cuban GDP is about $2.8 billion, unadjusted for inflation.
1959: Castro and his guerrillas take over and begin confiscating U.S.-owned private businesses.
1960: President Eisenhower imposes trade embargo, excluding food and medicine; Castro responds by "rapidly nationalizing most U.S. enterprises," as he himself wrote.
1961: President Kennedy tightens the embargo. Castro blames it for plant shutdowns, parts shortages and 7,000 transportation breakdowns a month, leaving 25% of public buses inoperable. He then targets Cuban companies for expropriation.
1962: Begins food rationing. Half of passenger rail cars go out of service from lack of maintenance.
1963: President Kennedy freezes Cuban assets in the U.S.
1965: Signs deal with USSR to reschedule $500 million in debt.
1966: Signs new deal with Soviets for $91 million in trade credits.
1968: Begins petroleum rationing, says Soviets cut supplies.
1969: Begins sugar rationing in January, announces state plan to produce 10 million tons of sugar by the following year.
1970: Castro announces only 8.5 million tons of sugar produced. Blames U.S. Diverts 85% of all Cuban trade to the USSR.
1973: Tries for the first time to tie wages to productivity.
1974: Ramps up wartime spending to send 3,000 Cuban troops to Africa. It hits $125 per person, highest in Latin America, by 1988.
1975: President Ford announces softening of the embargo, letting foreign subsidiaries of U.S. companies sell products in Cuba.
1979: President Carter lets Cuban-Americans visit family in Cuba. Soviet aid totals $17 billion from 1961-79, or 30% of Cuba's GDP.
1980: Economic hardship forces Castro to permit farmers to sell surplus to state quotas in private markets with unregulated prices. 100,000 Cubans flee the island for the U.S. via the Mariel boatlift.
1982: Cuba doubles military spending. President Reagan re-establishes travel ban and prohibits spending money on the island.
1983: Cuba signs accord in Paris to refinance its foreign debt.
1984: "Armed Forces of Latin America" yearbook says: "Cuba is probably the world's most completely militarized country."
1985: Cuba signs new debt restructuring, blaming Mexico's crisis for its debacle. Permits selling of private housing for the first time. Total aid from USSR since 1961 hits $40 billion.
1986: Castro defaults on $10.9 billion in Paris Club debt. Blames sugar prices. Abolishes coffee breaks, cuts subsidies. Soviets give $3 billion more in credit and aid. Castro bans farmers markets.
1987: Stops paying entirely on $10.9 billion Paris Club debts.
1988: Forbids release of inflation data, making it impossible for researchers to assess Cuban economic performance.
1990: By official statistics, GDP per capita declines 10.3%.
1991: Sugar crop falls to 7 million tons. Politburo purged. USSR ends $5 billion in subsidies. "Special Period" of austerity begins.
1992: Horse-drawn carts replace cars, oxen replace Soviet tractors. Time magazine reports tin cans are recycled into drinking cups and banana peels into Cuban sandals.
1993: World Bank says GDP contracts 15.1% per capita, as industrial output plunges 40% per person.
1994: Some private-sector activity permitted. GDP per capita shows no growth, but Castro hails "recovery." Agricultural output down 54% from 1989, with sugar at 4 million tons. Castro blames bad finances, and "errors and inefficiency." Food consumption, according to USDA, falls 36%. Some 32,000 Cubans flee for Florida.
1995: Havana admits GDP fell 35% from 1989 to 1993. Vice President Carlos Lage claims GDP grew 2.5%, as inflation hits 19%.
1996: Castro hikes private business taxes. President Clinton tightens embargo. Castro claims GDP rose to 7% in year.
1997: GDP reported up 2.5%, falling short of 5% projection. Failed sugar harvest, bad weather, crop pests, foreign debts blamed.
1998: GDP growth claimed at 1.2% with no inflation. U.S. embargo, global financial crisis, low commodity prices, too much rainfall, Hurricane Georges and severe drought blamed. Castro urges other debtor nations to form a cartel.
1999: GDP claimed at 6.2%. Subsidies from Venezuela begin. Castro blames U.S. dollar for woes and urges use of the euro.
2000: Cuban court rules U.S. owes Cuba $121 billion for embargo.
2001: 3.6% GDP growth, output remains below 1989. Blames loss of subsidies, second-worst sugar harvest ever at 3.5 million tons.
2002: Freezes dollar sales to preserve foreign reserves. Shuts down 118 factories due to power shortages. Buys $125 million in U.S. food. Defaults on $750 million in Japanese debts.
2003: Earns more tight sanctions from President Bush and European Union over dissident roundups. GDP rises just 1.8%.
2004: Castro declares GDP a capitalist instrument, adjusts calculations, declares GDP growing at 5%.
2005: Foreign firms asked to leave and market liberalization scrapped. Imports hit three-times the level of exports. Hurricanes blamed for falling farm output. Sugar figures not released. Castro calls economic crisis an "enemy fabrication." Claims GDP up 11%.
2006: Castro claims 12.5% economic growth, "despite the crippling effects of the U.S. embargo," Luxner News notes.
2007: 7.5% GDP growth claimed; adverse weather said to have affected construction and agriculture.
2008: 4.3% GDP growth claimed, far short of 8% forecast. "One of the most difficult years since the collapse of the Soviet Union," economy minister says. Hurricanes and fuel prices blamed.
That, in sum, is Cuba after 50 years. But lest you get the wrong idea, Cuba hasn't failed at everything: "Given [Castro's] goal — to destroy capitalism and entrench themselves — they're a success," said Humberto Fontova, an expert on Castro's regime.
Friday, January 02, 2009
An atheist who believes Africa needs God
Now a confirmed atheist, I've become convinced of the enormous contribution that Christian evangelism makes in Africa: sharply distinct from the work of secular NGOs, government projects and international aid efforts. These alone will not do. Education and training alone will not do. In Africa Christianity changes people's hearts. It brings a spiritual transformation. The rebirth is real. The change is good. I used to avoid this truth by applauding - as you can - the practical work of mission churches in Africa. It's a pity, I would say, that salvation is part of the package, but Christians black and white, working in Africa, do heal the sick, do teach people to read and write; and only the severest kind of secularist could see a mission hospital or school and say the world would be better without it. I would allow that if faith was needed to motivate missionaries to help, then, fine: but what counted was the help, not the faith. But this doesn't fit the facts. Faith does more than support the missionary; it is also transferred to his flock. This is the effect that matters so immensely, and which I cannot help observing. First, then, the observation. We had friends who were missionaries, and as a child I stayed often with them; I also stayed, alone with my little brother, in a traditional rural African village. In the city we had working for us Africans who had converted and were strong believers. The Christians were always different. Far from having cowed or confined its converts, their faith appeared to have liberated and relaxed them. There was a liveliness, a curiosity, an engagement with the world - a directness in their dealings with others - that seemed to be missing in traditional African life. They stood tall. ... Christianity, post-Reformation and post-Luther, with its teaching of a direct, personal, two-way link between the individual and God, unmediated by the collective, and unsubordinate to any other human being, smashes straight through the philosphical/spiritual framework I've just described. It offers something to hold on to to those anxious to cast off a crushing tribal groupthink. That is why and how it liberates. Those who want Africa to walk tall amid 21st-century global competition must not kid themselves that providing the material means or even the knowhow that accompanies what we call development will make the change. A whole belief system must first be supplanted. And I'm afraid it has to be supplanted by another. Removing Christian evangelism from the African equation may leave the continent at the mercy of a malign fusion of Nike, the witch doctor, the mobile phone and the machete.Read the whole thing.
Twas the night before in Seattle
Thursday, January 01, 2009
Depression? We have no idea
During the Great Depression of 1929 to 1940 there was no waiting line at Outback Steakhouse, which we saw last week. Everyone was hungry!Canada's health care monopoly: A Short Course in Brain Surgery
In A Short Course in Brain Surgery, filmmaker Stuart Browning shows the callousness of "single-payer", government-run health care systems as practiced in Ontario, Canada. His film highlights the plight of Lindsay McCreith, an Ontario man with a cancerous brain tumor who went to Buffalo, NY to receive the timely medical care that is rationed in his home country.It's only a few minutes. Watch it.
