Friday, January 30, 2009

Four years for Bush's 'Google Bomb,' Google Quickly Defuses Obama's

It's just a coincidence. Nothing to do with the fact that CEO Eric Schmidt hit the road to campaign for Obama. FOXNews.com It took four years for Google to address the "Google bomb" that was lobbed at former President Bush. But it took the Internet behemoth only a few days to defuse the same attack on President Obama. Four years versus a few days ... Some Googlers are asking why.

Wednesday, January 28, 2009

Economists who do not support massive debt for pork aka Stimulus

There are many economists who disagree with the stampede for a massive "stimulus." Massive debt to pay for massive pork didn't work in 1929 - it caused the US to have a far worse depression than Europe - and won't work now. Cato instutute - Fiscal Reality Central:
Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of government, we do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan's "lost decade" in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today. To improve the economy, policy makers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth.

Tuesday, January 27, 2009

Stimulus won't work - top Obama economist

Larry Summers says Nancy Pelosi' proposal would be worse than the disease. Summers v. Summers - Andy McCarthy - The Corner on National Review Online: Who says a stimulus plan of the type contemplated by the Obama Dems won't work? Why, the head of Obama's Council of Economic Advisers, that's who. At Heritage, Conn Carroll points out that, not so long ago, Larry Summers had this to say about stimulus plans: Poorly provided fiscal stimulus can have worse side effects than the disease that is to be cured.... [F]iscal stimulus, to be maximally effective, must be clearly and credibly temporary – with no significant adverse impact on the deficit for more than a year or so after implementation. Otherwise it risks being counterproductive by raising the spectre of enlarged future deficits pushing up longer-term interest rates and undermining confidence and longer-term growth prospects. As Carroll elsewhere points out (citing, for example, the Medicaid bailout, Medicaid expansion, family planning loophole, education bailout, and education shopping spree), the Democrats' proposed package is anything but temporary . . . and a Thomas Barthold, Deputy Chief of the Joint Committee on Taxation's staff has conceded (notwithstanding rosy predictions by President Obama and Speaker Pelosi) that the Committee has no estimates indicating any meaningful amount of jobs or economic growth would actually result.

Monday, January 26, 2009

Nancy Pelosi claims that $100 million for contraception will 'stimulate' the economy

The left has one priority that always stays on top. Abortion - call it something else, but it's still abortion. Will her proposed funding do what she claims? Prove it. But it does end a lot of lives. Priorities. American Thinker Blog STEPHANOPOULOS: Hundreds of millions of dollars to expand family planning services. How is that stimulus? PELOSI: Well, the family planning services reduce cost. They reduce cost. The states are in terrible fiscal budget crises now and part of what we do for children's health, education and some of those elements are to help the states meet their financial needs. One of those - one of the initiatives you mentioned, the contraception, will reduce costs to the states and to the federal government. STEPHANOPOULOS: So no apologies for that? PELOSI: No apologies. No. we have to deal with the consequences of the downturn in our economy.

Friday, January 23, 2009

Midlife coffee may help stave off dementia

Drinking coffee is good for you. Study after study finds good effects. And some find bad effects. But the balance is not negative. So, drink up. UPI.com: Midlife coffee drinking may decrease the risk of dementia and Alzheimer's disease later in life, researchers in Sweden and Finland said. The study was conducted at the University of Kuopio in Finland in collaboration with Karolinska Institutet in Stockholm, Sweden, and the National Public Health Institute in Helsinki, Finland. Participants were the survivors of two population-based studies. After an average follow-up of 21 years, 1,409 individuals ages 65 to 79 completed the re-examination in 1998. Sixty-one cases were identified as having dementia and 48 with Alzheimer's disease. Lead researcher Miia Kivipelto of the University of Kuopio and Karolinska Institutet said at the midlife examination, the consumption of coffee and tea was assessed with a semi-quantitative food-frequency questionnaire. Coffee drinking was categorized into three groups: zero to two cups cups, three to five cups and more than five cups per day. Tea consumption was characterized as zero cups a day, or more than one cup a day. The study, published in the the Journal of Alzheimer's Disease, found that coffee drinkers at midlife had lower risk for dementia and later in life compared to those drinking no or only little coffee. The lowest risk -- 65 percent decrease -- was found among moderate coffee drinkers drinking three to five cups of coffee a day. Tea drinking was relatively uncommon and was not associated with dementia or Alzheimer's disease, the researchers said.

Thursday, January 22, 2009

Financial fear in the UK

The UK got more overextended than the US. Not as bad as Iceland, but frighteningly bad. Reykjavik-on-Thames - International Herald Tribune

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

I flew to Orange County, Calf. on Tuesday, an 80-degree day. But they say I brought Seattle weather with me. High just above 60 and cloudy! That may be shirt-sleeve weather in the Pacific NW, but not here. But no rain yet.

Tuesday, January 20, 2009

Hammas fires rockets from inside the Al Arabiya news studio building

Why Israel fired on a news bureau building in Gaza. The Weekly Standard:
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

Thomas PM Barnett has lots of negative findings on President Bush. But he will admit success also. A big one Excerpts from Great Powers, part 1 (Thomas P.M. Barnett :: Weblog): A Bush administration success greater than its failures in Iraq "The lack of a serious U.S.-China confrontation in the years since 9/11 is the most important dog that did not bark during the Bush-Cheney administration. In the grand sweep of history, this is arguably George W. Bush's greatest legacy: the encouragement of China to become a legitimate "stakeholder" in global security--[Deputy Secretary of State Robert] Zoellick's term. This sort of effort at grooming a great power for a greater role in international affairs is a careful balancing act, and the Bush team sounded most of the right notes, from reassuring nervous allies in Asia, to avoiding the temptation of trade retaliation while simultaneously pressuring Beijing for more economic liberalization, to drawing China into the dynamics of great-power negotiation over compelling regional issues like the nuclear programs in North Korea and Iran. We can always complain that Bush-Cheney didn't do more to solidify what was the most important bilateral relationship of the twenty-first century, but we cannot fault them for any lasting mistakes, and that alone is quite impressive. Indeed, history will be likely to judge this success as greater than the Bush administration's failures in Iraq." (pp. 8-9)

The biggest boondoggle yet

Majority Leader John Boehner shows that Obama's stimulus is a lot of pork. A huge amount. Via Powerline Blog A Dozen Fun Facts About the House Democrats' Massive Spending Bill 1. The House Democrats' bill will cost each and every household $6,700 additional debt, paid for by our children and grandchildren. 2. The total cost of this one piece of legislation is almost as much as the annual discretionary budget for the entire federal government. 3. President-elect Obama has said that his proposed stimulus legislation will create or save three million jobs. This means that this legislation will spend about $275,000 per job. The average household income in the U.S. is $50,000 a year. 4. The House Democrats' bill provides enough spending - $825 billion - to give every man, woman, and child in America $2,700. 5. $825 billion is enough to give every person living in poverty in the U.S. $22,000. 6. $825 billion is enough to give every person in Ohio $72,000. 7. Although the House Democrats' proposal has been billed as a transportation and infrastructure investment package, in actuality only $30 billion of the bill - or three percent - is for road and highway spending. A recent study from the Congressional Budget Office said that only 25 percent of infrastructure dollars can be spent in the first year, making the one year total less than $7 billion for infrastructure. 8. Much of the funding within the House Democrats' proposal will go to programs that already have large, unexpended balances. For example, the bill provides $1 billion for Community Development Block Grants (CDBG), which already have $16 billion on hand. And, this year, Congress has plans to rescind $9 billion in highway funding that the states have not yet used. 9. In 1993, the unemployment rate was virtually the same as the rate today (around seven percent). Yet, then-President Clinton's proposed stimulus legislation ONLY contained $16 billion in spending. 10. Here are just a few of the programs and projects that have been included in the House Democrats' proposal: · $650 million for digital TV coupons.
· $6 billion for colleges/universities - many which have billion dollar endowments.
· $166 billion in direct aid to states - many of which have failed to budget wisely.
· $50 million in funding for the National Endowment of the Arts.
· $44 million for repairs to U.S. Department of Agriculture headquarters.
· $200 million for the National Mall, including grass planting.
· $400 million for "National Treasures." 11. Almost one-third of the so called tax relief in the House Democrats' bill is spending in disguise, meaning that true tax relief makes up only 24 percent of the total package - not the 40 percent that President-elect Obama had requested. 12. $825 billion is just the beginning - many Capitol Hill Democrats want to spend even more taxpayer dollars on their "stimulus" plan.

An Obama appointment I can support

Obama's nominee for "regulatory czar" is Cass Sunstein of Harvard Law School. Wonk Room How would progressives respond if President Bush nominated as “regulatory czar” a person who:
– 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

We put together a slide show of Dr. Roys's, my father-in-law, life - from infant through childhood, military service, marriage, raising children, until 6 months ago with my grandchildren. The slide show in iPhoto had captions, which are essential for identifying his sisters, etc. I don't know how to preserve the captions in this movie format. I know I can build a DVD with the captions. I will explore all options. Dr. Roys' obituary

Is Putin the Greens’ poster boy

President Medvedev, I mean Vladimir Putin, of Russia is doing his best to reduce energy use in Europe. The Brussels Journal: The cheery chappies over at the Competitive Enterprise Institute have noticed an interesting thing about Putin’s gas shenanigans with Ukraine. He is of course helping drive down the usage of energy in Europe, a goal so beloved of the green wallas. Chevron have been running a campaign wearing their Corporate Social Responsibility hat, called ‘I Will Use Less Energy’.
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

Bush is vindicated. He was right that he had the right to wiretap foreign telephone conversations. I will bet that Obama makes sure this stays in place. He might even do an Algore and speak against it in public, but make sure in court that he keeps the tool for when he needs it. The Wiretap Vindication - WSJ.com: Ever since the Bush Administration's warrantless wiretapping program was exposed in 2005, critics have denounced it as illegal and unconstitutional. Those allegations rested solely on the fact that the Administration did not first get permission from the special court created by the 1978 Foreign Intelligence Surveillance Act. Well, as it happens, the same FISA court would beg to differ. In a major August 2008 decision released yesterday in redacted form, the Foreign Intelligence Surveillance Court of Review, the FISA appellate panel, affirmed the government's Constitutional authority to collect national-security intelligence without judicial approval. The case was not made public before yesterday, and its details remain classified. An unnamed telecom company refused to comply with the National Security Agency's monitoring requests and claimed the program violated the Fourth Amendment's restrictions on search and seizure. But the Constitution bans only "unreasonable" search and seizure, not all searches and seizures, and the Fourth Amendment allows for exceptions such as those under a President's Article II war powers. The courts have been explicit on this point. In 1980, the Fourth Circuit Court of Appeals held in Truong that "the Executive need not always obtain a warrant for foreign intelligence surveillance."

Thursday, January 15, 2009

Rehabilitating Bush - starting this week

Bush is being rehabilitated already. Charles Krauthammer Except for Richard Nixon, no president since Harry Truman leaves office more unloved than George W. Bush. Truman's rehabilitation took decades. Bush's will come sooner. Indeed, it has already begun. The chief revisionist? Barack Obama. Vindication is being expressed not in words but in deeds — the tacit endorsement conveyed by the Obama continuity-we-can-believe-in transition. It's not just the retention of such key figures as Secretary of Defense Bob Gates or Treasury Secretary nominee Timothy Geithner, who, as president of the New York Fed, has been instrumental in guiding the Bush financial rescue over the last year. It's the continuity of policy. It is the repeated pledge to conduct a withdrawal from Iraq that does not destabilize its new democracy and that, as Vice President-elect Joe Biden said just this week in Baghdad, adheres to the Bush-negotiated status of forces agreement that envisions a U.S. withdrawal over three years, not the 16-month timetable on which Obama campaigned. It is the great care Obama is taking in not pre-emptively abandoning the anti-terror infrastructure that the Bush administration leaves behind.

The Endive - The News Leader of the Known Universe

A new humor site. Take a look. The Endive - The News Leader of the Known Universe: In 2009, Cuba celebrates 50 years under the communist regime of Fidel Castro, and the world marks 50 years since the birth of Chevrolet’s El Camino – two of the world’s greatest sources of confusion. “I still don’t get it,” said United States President George Bush, “I have no idea if that El Camino thing is a car or a truck. Dammit, that’s frustrating.”

A Secretary of the Treasury who doesn't pay his taxes?

Our tax system is too complex if the top guy can't figure them out. Or did he just decide to keep the money if he could get away with it? Either he is the wrong person, or our system is broken American Thinker Blog: Geithner should not be Secretary of the Treasury:
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

Camille Paglia speaks in defense of talk radio, even though it is almost all conservative and she is not. Camille Paglia in Salon : If there's anything that demonstrates the straying of the Democratic Party leadership from basic liberal principles, it's this blasted Fairness Doctrine -- which should be fiercely opposed by all defenders of free speech. Except when national security is at risk, government should never be involved in the surveillance of speech or in measuring the ideological content of books, movies or radio and TV programs. Broadcasters must adhere to reasonable FCC regulations restricting obscenity, but despite the outlandish claims of Democrats like Sen. Charles Schumer, there is no analogy whatever between pornography and political opinion. Nor do privately owned radio stations have any obligation to be politically "balanced." They are commercial enterprises that follow the market and directly respond to audience demand. The Fairness Doctrine is bullying Big Brother tyranny, full of contempt for the very public it pretends to protect. As a fan of AM radio since childhood, I adore the proliferation of political talk shows spurred by Rush Limbaugh's pioneering rise to national syndication in the late 1980s. It represented a maturation of the late-night coast-to-coast radio programs that I had been listening to in the 1970s, such as Herb Jepko (broadcasting from Salt Lake City), Long John Nebel (from New York) and Larry King (from Miami). However, I do lament the gradual disappearance of small, quirky local shows due to the trend toward national syndication. And I often get bored and impatient with the same arch-conservative message being drummed out 24/7. But let's get real: Liberals have been pathetic flops on national radio -- for reasons that have yet to be identified. Air America, for example, despite retchingly sycophantic major media coverage, never got traction and has dwindled to a humiliating handful of markets. The Democrats are the party of Hollywood, for heaven's sake -- so what's their problem in mastering radio? Instead of bleating for paternalistic government intervention, liberals should get their own act together. Radio is a populist medium where liberals come across as snide, superior scolds. One can instantly recognize a liberal caller to a conservative show by his or her catty, obnoxious tone. The leading talk radio hosts are personalities and entertainers with huge rhetorical energy and a bluff, engaging manner. Even the seething ranters can be extremely funny. Last summer, for example, I laughed uproariously in my car when WABC's Mark Levin said furiously about Katie Couric, "What do these people do? Open fortune cookies and read them on air?" The best hosts combine a welcoming master of ceremonies manner with a vaudevillian brashness. Liberal imitators haven't made a dent on talk radio because they think it's all about politics, when it isn't. Top hosts are life questers and individualists who explore a wide range of thought and emotion and who skillfully work the mike like jazz vocalists. Talk radio is a major genre of popular culture that deserves the protection accorded to other branches of the performing and fine arts. Liberals, who go all hushed and pious at Hays Code censorship in classic Hollywood, should lay off the lynch-mob mentality. Keep the feds out of radio!

American Founder Benjamin Franklin and Faith

Benjamin Franklin helped write Pennsylvania's 1776 Constitution, which stated in Frame of Government, Chapter 2, Section 10:
"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

An ice-berg problem. It doesn't look large: it only shows 1/10 of its size. But below the surface it is huge. Elected officials are happy to kick it down the field - it will hit the future, not them. And the beneficiaries know it's huge, but are happy to let it hit you and me later. The American Spectator : Golden Apples:
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.