Maggie's FarmWe are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for. |
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Thursday, November 10. 2011Too much borrowing in Europe, and Waiting for GodotJust like Jefferson County, Alabama, you cannot borrow forever, and when you begin borrowing (as we have begun to in the US) to make your interest payments, it's a bad sign, not sustainable unless God intervenes. Europe Recovery Rally Fizzles As French Bund Spreads Hit Record On Fresh Downgrade Rumor In my view, all Euroland can do now is to pray that somebody strikes oil in Provence or Tuscany - and I don't mean olive oil. Problem is, they don't pray over there anymore. I think they are screwed, and it will affect all of us. A slo-mo death spiral. The Euroland project is in hospice care, it seems to me, on oxygen and IV morphine. There is not enough money available in the world to cover their crappy debt from their crappy, lazy, hyper-regulated welfare states, and they will never be able to pay it back. Never. Furthermore, as my Wall St. friend tells me, defaults will trigger more CDSs than anybody in the world can cover. It's a shit show, as they say. I would advise getting popcorn to watch the earthquake unfold, but it can hit us in the US with a financial tsunami here, across the pond. Maggie: "The problem with socialism is that you eventually run out of other peoples' money." She never mentioned that you can run out of credit, too.
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Thursday morning linksToon via Vanderleun, who seems to be on the mend after his brush with death Marriage to women with very bad moods Captain Tom loves Sodastream All creative types steal - it's part of their job World's Most Controversial Monuments 12 Reasons We Haven't Found Extraterrestrials If the World Is Overpopulated, Who Should Die? Tests are "fundamentally discriminatory" Duh. Isn't the purpose of tests to discriminate high from low achievement? President Obama walks on both sides of Wall Street The new respect for Newt Admirable, brilliant, but not overly likeable Birmingham declares bankruptcy. There will be others. Blue municipalities, tethered to their unions, are the grasshoppers. They will borrow to get re-elected until the money runs out, and leave the mess to others. Why Can’t the Republicans Nominate a Genuine Right Wing Nut? - Conservatives just need to come to grips with the fact that it's always going to be a Mitt Romney-type who leads the ticket. I think that is true. Reagan was unique but, may I remind us all, he wasn't able to accomplish many of his domestic goals Among the Truthers Eco Wades Into ‘The Protocols’ Conspiracy - Acclaimed Italian novelist defends his new book from attacks back home. David Axelrod's Pattern Of Sexual Misbehavior Picture show: Ballooning state retirement costs Why Obama Should Highlight Iran's Human Rights Abuses Homeland Security Advisor Accused of Leaking Docs What Latin-America can teach Europe Tax the corporations! Then what? Wednesday, November 9. 2011Knucklehead move: A new federal tax on Christmas treesI know they want to tax the air, but this is ridiculous. Before a federal tax on Christmas trees, why not a special tax on Thanksgiving turkeys first, then we can get to taxing the trees. By the way, CO2 makes Christmas trees grow faster and thicker, so how about a subsidy for CO2 production? Just a thought for the highly-educated geniuses in Washington. Related: Gov. Scott Walker calls a Christmas tree what it is. If that counts for courage these days, we're in deep trouble. Weds. morning linksFor those who care, Starbucks K-Cups are out as of this week. (Dunkin' K-cups have been out for a couple of months) Photos: Visiting The Secret Train Platform Beneath The Waldorf-Astoria TNR: Jewish Art: A Modern History Interesting religion site: Endued Department of Ideal Jobs: Kenneth Anderson wants this job:
Zero Hedge (great site): Barclays Says Italy Is Finished: "Mathematically Beyond Point Of No Return" Megan on meritocracy:
Easist way to reduce income inequality is to tax the top 10% to the point that they decide that working hard just isn't worth it. Easiest way to reduce asset inequality is to tax property and assets until people give up on owning anything or saving any money. Hysteric Romney-bashing from Erickson: Mitt Romney as the Nominee: Conservatism Dies and Barack Obama Wins Middle East: A new Cold War
So is this true? Barack Obama is facing an anti-Big Government revolution Via Insty:
Tuesday, November 8. 2011The Transforming Fire in the Middle EastThis afternoon I had lunch and a stroll along the ocean with a new friend, Jonathan Spyer. We struck it off immediately when he said the only organization he ever joined which he promised to obey was the Israel Defense Force. This mirrored my experience in joining the US Marine Corps. Our normally rebellious spirits matched. Spyer was in San Diego to speak about his new book, The Transforming Fire: The Rise Of The Israel-Islamist Conflict. I’d read some reviews before, all laudatory, from the left-leaning Haaretz to the right-leaning Weekly Standard. After reading the book and talking with Spyer, although the focus is on what Israel faces and the book doesn’t delve deeply into US or European foreign policy, the book could have just as easily been sub-titled The Rise of the Western-Islamist Conflict But What Israel Realizes And The West Doesn’t. Spyer’s motivation for writing the book was being blown out of the tank he was driving in the 2006 war in Lebanon, a draw that was poorly prepared for, poorly conceived, poorly executed but required the utmost – which was given – of soldiers on the ground. Spyer wanted to explore in depth what Israel is facing. Again we clicked, I having similar motivation after my tours in Vietnam. Spyer brings to his book much more than being a frontline soldier, or his travels throughout the Middle East, or his fascinating return to Lebanon after the 2006 war. British-born Spyer has a PhD in Middle East politics from the London School of Economics, and served in the Israel Prime Minister’s Office. What makes his book interesting and not dry is his weaving of his personal experiences and observations into his learned descriptions of Middle East Politics. At lunch, Spyer acknowledged that the current state of affairs in the Middle East is more negative than when he wrote the book. The “Arab Spring” unleashed violent animus toward Israel that is encouraged and supported by Iran, toppling formerly controlling, hostile but more benign toward Israel rulers in Egypt and Tunisia. Iran seeks to align a bloc with Hamas in control of Gaza, Hezbollah in control of Lebanon, and Syria as a client state of Iran as a funnel of training, arms and missiles to Hamas and Hezbollah. Saudi Arabia is comparatively weaker, as are Sunnis right now, but struggling to counter Iran’s Shia influence. For now, Iraq is slipping into Iran’s orbit, largely due to Iran’s cat’s paw there, Muqtada al-Sadr’s influence on the dominant Shia coalition in Baghdad. Meanwhile, the US is withdrawing from its former predominance in the Middle East, and Europe continues pursuing its mostly economic interests there. That leaves Israel with the question of how to survive. Among militant Islamists is the illusion that Israel is ultimately doomed due to its smaller population and adherence to values and institutions less militant than theirs. On the contrary, Spyer points out, Israel is relatively militarily and financially stronger than ever. More important, Israel’s population has largely moved past its former Ashkenazic and Sephardic divisions, or its left-right divisions, and through common experience with failed hopes and ruthless adversaries molded a more united and nationalistic leadership and purpose. Remnants of the old left are still common in academia and media but depend on the attention they are granted by Western media although their internal influence is otherwise negligible. Longer term, Spyer is optimistic. As Spyer ends his book, and still believes:
In the meantime, Israel must strike hard when necessary. Otherwise, patience is needed in the Middle East cold war with Islamists. Israel may pay harsh prices along the way, but an Iran-led Islamist encirclement will erode first. I’m reminded of our protracted conflict with the Soviet Union and all’s surprise when its walls fell. What will follow, I asked Spyer. Most likely some sort of military-commercial elite regimes, like before, still hostile toward Israel and the West, still mired in backwardness, but a lesser threat to Israel. The transforming fire is a crucible in which weaknesses are revealed and the product strengthened. The ultimately stronger is Israel’s abilities and resolve based on Western values that too many in the West have abandoned.
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David Brooks has the Tom Friedman DiseaseDavid, I am sorry to inform you that Americans have no interest in being ruled by our betters. We just don't believe they are better, and have little evidence for it since after the founders. William F. Buckley Jr: I'd rather entrust the government of the United States to the first 400 people listed in the Boston telephone directory than to the faculty of Harvard University.
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Tuesday morning links, election day in the USSiegel: Who Lost the Middle Class? A question for historians in the not-too-distant future Full Civic Literacy Exam Are you more knowledgeable than the average citizen? The average score for all 2,508 Americans taking the following test was 49%; college educators scored 55%. Can you do better? The great $26 billion real estate swindle. Commentary: Pity anyone who took the tax credit to buy a house Bialek Will be MSM’s Penance for Brodderick In the US, Extreme poverty isn’t United States Is Getting Colder, Not Warmer It doesn’t matter all that much what Romney really believes, or whether he believes much of anything. Romney will be a very conservative president because that’s the only kind of president a Republican can be these days. Sowell on income inequality: Young people make less money than more experienced people, single-parent households have less income than two parent households. So what? Monday, November 7. 2011Candidate for Best Political Essay of 2011: Mead's Occupy Blue Wall Street?It's about greed and the Blue Food Bowl. The middle class of America is increasingly dependent on government money, directly or indirectly, rather than on private industry - and the financial industry is in with the whole program. There are good reasons for the financial industry to be almost entirely Democratic and in political alliance with the government food bowl. The Liberal yet Venerable Mead uses the Bronx as a political metaphor for the nation. Despite the beginning, this is not about NYC cops. One quote re the strange political alliance:
That is, in accordance with our betters. and
and
It's not a Big Tent, it's a giant food bowl provided by a shrinking base of taxpayers. See Greece...
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14:08
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"This is only a test... (we hope!)" Nationwide Emergency Alert System Test Scheduled for Nov. 9 In brief, it's the old "This is a test of the emergency broadcast system" routine for radio & TV, albeit on a nationwide scale for the first time. The big dif is that the usual test lasts for a minute, whereas this is going to last for more than three. Since I don't own a TV or have a radio handy, my only question is whether or not those loud emergency sirens are going to light off. We have a Coast Guard station not far from here and I presume they have one. After four articles, all I could come up with was this:
Which doesn't really answer the question, in the sense that they could be planning on testing the sirens at the same time. You would think they'd want to, given the opportunity. But if they do light off those suckers, imagine the people who are unaware of the test and think it's just another 1-minute drill. And then it keeps going... and going. What a surprise when they suddenly conclude that there actually is a nuclear missile on the way. Of course, if the Russians have planned their missile attack to coincide with the test (an insidiously clever plot, to be sure) and there really is a nuclear missile headed your way, simply do as we did in our school drills back in the 60's and crawl under your desk. You'll be just fine. Monday morning links10 Unbelievable Things the Chinese Believe What is quirky about the United States? BestGear's women's wellies The lost Leonardo - London's National Gallery will exhibit 'Salvator Mundi' in a show of Leonardo da Vinci. The painting has attributes suggesting it's of the period, and experts have weighed in positively. The big college scam - It's bad enough; the president's loan initiative will make it that much worse Huge asteroid headed for close encounter with Earth The Inadequate Political Magick of Herman Cain, Rick Perry, and Mitt Romney Osama 'Bert' Laden: angry Seals claim Obama blew intel:
McDonald's chief : Curb spending and cut taxes Europe too socialist for the Chinese:
Markets In Everything: Home Sales in Cuba During Obama’s tenure, Wall Street has roared back, even as the broader economy has struggled.
She is infantile. Purchases a service, but doesn't want to pay for it. Borrows money, but doesn't want to pay it back. Boo hoo. From reading the transcript of Thompson’s report, it appears that Thompson knows nothing about the 2005 climate study by climate scientists which says that anthropogenic global warming will result in less snow, not more snow. We have all learned by now that weather is climate, except when it's not Sunday, November 6. 2011A fun night with the degenerates in Zuccotti ParkPost reporter spends an in‘tents’ night amid anarchy in Zuccotti Park Good grief. 44% of NY residents support these smelly low-life losers, bums, perverts, slackers, paranoids, anthropology majors, commie wannabes, community organizers, and potheads? I don't believe it.
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Sunday morning linksHow New York City Sold Public Housing in the 1930s One in ten Americans take antidepressants That makes me feel depressed How Brit speeches differ from those in the US Do our kids want it to be easy, fun, and ego-gratifying? That's for hobbies. DDOT Drivers Refuse To Work: ‘They’re Scared For Their Lives’ Buckley, If Not God, Returns to Yale-What the late, great controversialist would have said to Mitt Romney, Rick Perry and today's conservative talking heads. Steyn: Bongo Bongo Bongo, I Don’t Wanna Leave The Congo, Oh No No No No No Most of the unemployed no longer receive benefits DOE Inspector General: Over 100 Criminal Investigations Of Obama Stimulus Spending - Clearly we need a bigger government to spend all this money. I think we're gonna need a bigger government... Occupy Wall Street and Soros’ Fingerprints The D.C. Council seeks to ban harassment and intimidation in public places, but its proposal goes too far, restricting free speech Where On Earth Are All The Jobs Going To Come From? Zuccotti Park: I felt like I was watching a local production of Animal Farm.
You were.
Confusing an inner dialogue with speaking with God is never a wise plan Physicians are increasingly pessimistic about the future of medicine since passage of Obamacare, and are now reluctant to advise their own children to go into medicine. Sunny cracks me up Chart of the Day: Record GDP with -6.6m Workers Totally lacking in multicultural sensitivity: Death Toll Rises to 150 in Boko Harem Bombings and Shootings in Nigeria
Saturday, November 5. 2011MoneyballIf you haven't seen the movie Moneyball, then do. Jason and I had our Little League schedule interrupted by a rare rain in San Diego, so we went to see the film. It will rank as one of the top baseball films ever, the acting by Brad Pitt and all others excellent. But, the movie is about much more than baseball, as is baseball itself. Jason and I discussed its lessons after, about deportment and courage in leadership, about relations among management and players in tough situations or conflict, about the practical uses of education, and so on. One of the lessons isn't in the movie. The judo use of statistics by a team, the Oakland Athletics, far outspent by such rich teams as the Yankees, to find undervalued players was successful but once the success is shown, other teams adopted it. The niche was lost as many exploited it, which reduced its power by any one team. The traditional "art" of experience returned to the fore but adjusted by this innovation. That is, in a nutshell, the path of innovation, useful improvements that energize competition and up the play to everyone's benefit.
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23:00
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Constitutional Power in WartimeThe US District judge who presided over the trial of of the "blind sheik" in 1995, later appointed the US Attorney General, Michael Mukasey, spoke at Hillsdale College's Constitution Day on September 15 about the Constitution in wartime and the legal challenges it faces. The speech is here. Mukasey begins, "President Obama campaigned for office largely on the claim that his predecessor had shredded the Constitution. By the Constitution, he could not have meant the document signed on September 17, 1787. Article II of that document begins with a simple declaration: “The executive Power shall be vested in a President of the United States of America.” Not “some” or “most” or even “all but a teeny-weeny bit” of the executive power. The President is vested with all of it." Mukasey addresses the Bill of Rights, and in between discussing Article II and the first ten amendments discusses US intelligence and prosecutions of Islamist terrorists. It would be hard to find a better summary of the issues. That's the calibre found in the monthly Imprimis which Hillsdale College mails to over 2-million subscribers. If you want your copy, and promise to read it and not waste Hillsdale's postage, you too can subscribe at the above link to Mukasey's speech. The subscription is free but the charge is to pay attention and be informed. Intelligence is our first line of defense in all matters.
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Saturday morning linksLearn How to Break Down a Door (Without Hurting Yourself) Psychologist Simon Baron-Cohen thinks scientists and engineers could be more likely to have a child with autism. Some researchers say the proof isn't there. What is a sunstone? Modesto ain't New York, motherfucker. We don't go for that shit around here. Ugly Occupy Oakland pictures that won’t make MSM front pages Mead: Another Black Eye For Blue Wall Street Wall St. is heavily Democratic. You Can’t Fix a Burst Bubble With More Hot Air: Caroline Baum 'Bloated' Federal Workforce Rises 12% as Rest of US Goes Jobless Another hoax? Italian Cold Fusion Machine Passes Another Test Spengler: Impressive Romney Rick Moran: Bottom line; Cain’s skill set does not match the job he is seeking. Rubin: The Battle for Egypt: The Army Strikes Back Religion, Guilt And The Jewish Condition The leadership of the Church of England are making fools of themselves in supporting Occupy London.
I don't know. Many Americans talk conservative, but love their freebies. NYT: Poverty stats ignore government benefits and charitable contributions - and, of course, income from working off the books. Thanks to tax-payers, the US has eliminated serious poverty but, as a side-effect, created two generations of free-loaders. That can't be helped because any safety net also catches those sad souls who jump willingly into the net of dependency.
Friday, November 4. 2011There are two OWS movementsThe Occupy Wall Street encampments in public spaces are a hodge-podge of activists, malcontents, crazies, homeless, and paid attendants from some leftist-directed unions and ACORN fronts. The Occupy Wall Street encampments in major media are a coterie of self-referential, Internet connected, liberal and leftist journalists and columnists. The incoherence of the public campers, and violence by some, is increasingly clear to the wider public. This is despite the best efforts of the other journo-campers pitching tents upon the ground of the public campers. The journo-campers excuse and avoid examination of the real facts in the parks and streets. Instead, they use it as their launch-pad to repeat their leftist defenses of the direction that President Obama has taken the US into more European style socialism, or to bemoan that he hasn’t taken us further. That’s good for several – already too many -- news cycles, but runs up against, again, facts on the ground, the most telling being that everything President Obama has promised or done has been an abject failure, indeed too often only enriching bureaucrats and cronies on Wall Street or in industry. The kids will mostly wake up as they grow older and gain experience. Their parents already are waking up, as exhibited in polls showing an increased tilt against the romantic facades on the public campers erected by those in the major media. Major media has further reduced its public esteem and influence. The prospects for President Obama’s re-election are further reduced, by the journo pimps declining impact on most Americans’ opinions, and by President Obama’s own embrace of the public campers and his own shallow and strident demagoguery.
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What If Middle-Class Jobs Disappear?That's the title of a piece by Kling. A quote from his fascinating essay about post-industrial work:
The people who used to be bank tellers are not the same people who design and build ATM machines. Clerical jobs are disappearing fast. Secretarial jobs have already disappeared. Sales and service jobs are entering the maw of the internet: people buy their insurance, cars, and books online. Semi-skilled jobs are disappearing. Soon, teaching jobs will shrink with digital education. Productivity (ie, fewer employees) abounds. Outsourcing of everything, including legal work, abounds. Heck, even Wall St. jobs are disappearing. (However, there will always be work for skilled labor: carpenters, painters, electricians, plumbers, gunsmiths, firemen, masons, etc) Kling wonders what the immediate future might hold for people who want to work, but who, despite education, lack specific skills. As I have said often here, a gentleman's liberal arts education is a wonderful thing indeed and helps produce good dinner companions but it is not work-related. It was never meant to be. As Vanderleun guotes:
Posted by The Barrister
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13:26
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Offal DealsThe current market on Wall Street is driven by a number of outrageous factors. Europe and U.S. Debt, Fed Quantitative Easing, Hot IPOs, and large scale fraud are headlines each day. Last night, an interesting IPO was priced, and it could be a bellwether, as its movement may be indicative of market conditions.
So are businesses with low costs of entry. One of the sure signs of bubble behavior is herd mentality that becomes contagious and self-reinforcing. Friday morning linksImage above via Coyote Via Insty, Shotgun choices for defence Also via Insty: Have you considered the myriad difficulties associated with carrying concealed while shopping? Here are some great ways to overcome those issues. Are You Smart Enough to Know You’re Stupid? I think I am NY's Oldest Bialy Shop Is Saved by Unlikely Owners Too much time spent sitting increases the risk of developing cancer, even for those who exercise regularly California's high-speed train wreck When cleaning crews "mistake" art for garbage George Will: Conformity for diversity’s sake Ridley on climate: "I Can't Find One Piece of Data That Shows Unprecedented Change, or Harmful Change." Noted Scientist: Scientists ‘Endorse Al Gore Even Though They Know What He’s Saying Is Exaggerated and Misleading’ To the disbelief of left-wing media, most Britons want a referendum on EU membership. Shiffren at NRO:
I Forgive Herman Cain, the Only Conservative Left IBD: Government Policy Caused the Housing Market Crash President Obama’s Super PAC “Priorities USA” Launches Another Round of Attacks on Mitt Romney Obama Goes Negative with Stealth Attacks What’s the Matter with Ohio? - It may fail to pass union reforms that a majority of voters support Hawaii State Liabilities Climb by 60 Percent in Two Years; Expert Calls the News 'Shocking' TVA employees balk at Obama plan to pay for pension benefits ACORN Officials Scramble, Firing Workers and Shredding Documents, After Exposed as Players Behind Occupy Wall Street Protests They have been paying people to protest Fodder for #OWS Protesters: Fannie & Freddie Dish Out Fat Bonuses
Thursday, November 3. 2011An age-old tacticCreate a situation in which the thin blue line which protects us from the law of the jungle is forced to act, and then use "police brutality" to mobilize your people and excite the press.
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17:29
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Arrested DevelopmentAt The New Criterion, The 99-percent solution - On Occupy Wall Street:
It's a good piece, but I have grown weary of these clowns, half-wits, and sociopaths. "America is telling Occupy: That’s all I can stands. I can’t stands no more." Thursday morning linksA coming book from Charles Murray: Coming Apart: The State of White America, 1960-2010 Sugar doesn't cause hyperactivity, despite what people imagine Bookworm: Telling it like it is when it comes to sex, teens and dancing
Americans’ Incomes Have Dropped 6.7 Percent During the ‘Recovery’ Eurocrats On Greek Referendum: ‘Are You Serious? Are You Serious?’ Hard Economic Times Rob Young Voters of 'Hope' Congressional Black Caucus members accused of being too harsh on Barack Obama Obama: God backs jobs plan Tea Party Versus #Occupy Checklist Judge Richard Goldstone’s Mea Culpa, in the Pages of the New York Times! A sage of American diplomacy reproaches the Obama administration for "sleep walking" through the Arab Spring. The Return of the ‘Robin Hood’ Tax - Although it might seem harmless, the financial-transactions tax is anything but. Wednesday, November 2. 2011Cracked in name only Well, IMHO, Cracked has turned into the premiere comedy/parody/satire site on the Web. There are a handful of imitations around, but Cracked is the best-written and most polished. Some of their stuff is exceptionally clever. As a quick example, they're absolutely merciless when it comes to dismantling time-travel movies, like Back To The Future, The Matrix, and, especially, The Terminator. They had a field day with that one. So much for introductions. I found the following Cracked article both revealing and insightful, and immediately confess to being guilty of Oh, before we start, would you mind if I asked a rather delicate question? Got a mirror handy? Weds. morning linksI thought sexual harassment was no big deal The American Progressive’s Monopoly on the Seven Deadly Sins
Are credit default swaps a meaningful hedge? No, says Zero Hedge Gelinas: Occupy Europe - Free markets, not China, could help the eurozone. Don't Mind the Gap - What matters is income mobility, not income inequality. CA Rail Cost Soars to $98.5B Under New Plan Ending the Postal Monopoly: Lessons from Europe; Germany Has Sold 99.9% of Its Post Office Buildings Assessing the Compensation of Public-School Teachers The rule of the IQ elite Ruth Marcus: Forget hope and change. President Obama's re-election campaign is going to be based on fear and loathing: fear of what a Republican takeover would mean, and loathing of whomever the Republican nominee turns out to be. Tyson: Get off Romney's Back Slight problem: Cain is surely likeable, but he doesn't know too much He is an amateur. That's part of why people like him, but not a reason that people will decide to vote for him. Obama is still surprisingly popular. Israel: A true ally in the Middle East - Israeli contributions to U.S. national interests, underappreciated by many, include enhanced counter-terrorism, intelligence and technology useful in urban warfare. And Yet Another Green Energy Firm Awarded Stimulus Funds in Trouble! It's called a government boondoggle - on my nickel Tuesday, November 1. 2011Global warming, Pirates, etc.Dr. Merc does not seem to believe that we're all going to drown anytime soon. However, the science is settled (via Watts): there is probably or possibly a short-term (centuries) warming trend, if the data is worth anything (about which I am a skeptic). Nothing to think twice about unless you plan on bringing farming back to Greenland in 300 years:
Note the dramatic correlation with global CO2 emissions! None. Here's a better correlation which shows some real proof: Global temperatures caused by decrease of Mediterranean pirates. QED - it's a linear inverse relationship This cause is therefore settled science, and the obvious solution to refrigerate ourselves is to import more pirates into the Med until we are cold enough.
Posted by The Barrister
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