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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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Monday, October 24. 2011Going to Market with GrouponWe all look for great deals when we buy things. Groupon has taken this concept and turned it into a phenomenon. Alas, it is an easy concept to mimic. Living Social, Facebook, and Google have all launched similar products. Meanwhile, the Groupon idea is not always a winner for the small businessperson seeking to corral new or increased business. I recently utilized one of their offers at a local business. While it was a savings for me, it represented a loss to the business owner. This is the risk many people are willing to take to drive business, leading many to try Groupon once and abandon it. The Groupon story from a sales and income perspective is fraught with issues. There was a time any dot com business could drive an IPO skyward. The new ideas coming out today are too easy to mimic and barriers to entry are low. Maybe someone can explain why Linked In is priced at $92, when it only earns $.07 per share and has competitors targeting it like mad? These new businesses are not groundbreaking ideas and are being overvalued. Groundbreaking ideas are what will drive the economy forward. Not IPOs for coupon books.
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Dalio: There are no more tools in the tool kit.At Surber. It's about deleveraging. A quote:
He thinks we have a decade of economic doom in the US anyway. His biz is global. Monday morning linksCosmetically imperfect teeth? Leftist Censors Defeated at UC Santa Barbara 24 years ago today, Borking was born Yet One More Doomed Education Reform:
CBC running scared: State broadcaster's false attack ads demonstrate how financial probe is desperately needed Why Dems are winning the money war Globalization Is Great—Except When It Isn't The Wild Ride of the 1% - The once-stable incomes of America's biggest earners now fluctuate dramatically from year to year. And as go the rich, so goes much of the economy. California: Regs Run Amok: A bumper crop of bureaucracy The Muhammad al-Dura Hoax and Other Myths Revived In California, teenagers must get permission from their parents to go to a tanning salon – but they can get abortions without their parents knowing. The US Military – Maybe Not What You Think Libya's liberation: interim ruler unveils more radical than expected plans for Islamic law Related: 'Stay Tuned for the Next Pro-Democracy Upheaval in the Middle East. It’ll Be the First One' Rhode Island: Little State with a Big Mess Sunday, October 23. 2011Blue States are dangerously irresponsible
Seems to me that most of it is about pols being in bed with government unions, and splitting the pie at the taxpayers' expense. In blue states, who represents the citizens against the union machines? My state government (CT) is owned, top to bottom, by the government unions and functions like a Mafia conspiracy preying on the taxpayers. Dems have nationalized the method: Has Harry Reid lost his mind?
Perhaps the goal is to have everybody working for our government overlords. Feudalism. Government jobs are a necessary evil and are functionally parasitic, not a basis for the real economy which is required to work and make a profit to pay those government bills. McConnell is right: These are local and state concerns, not federal concerns. The federal government has enough to deal with as it is with its constitutional duties, and is not doing a very good job with that. States and localities have to run themselves, or surrender their sovereignty to the feds. Like Greece. That is not a good idea.
Posted by The Barrister
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14:17
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Sunday morning links
America's Emptiest Cities, 2011 (h/t neoneo) Together, I Shall Ride You To Victory - A Very Special Announcement by T. Coddington Van Voorhees VII Wind Energy Can Be Deadly for Bats and birds I just don't have the time - 5 minutes/day Modern Giordano Brunos Think Again: Nuclear Power - Japan melted down, but that doesn't mean the end of the atomic age. Occupy Wall Street and the Jews Mogadishu on the Mediterranean? - Muammar al-Qaddafi is dead. Now comes the hard part -- preventing Libya from turning into another Somalia. Prelutsky: Shooting Holes Into Obama’s Campaign Strategy I have to admit that I don’t understand the “I am the 99%” shtick coming out of OWS. If these people are saying that 99% of the country is poor, with only 1% holding the wealth, perhaps I don’t understand poverty as well as I should. Rush Limbaugh favors Clinton-era spending levels!?!? Steyn: Biden’s Fourth-Grade Economics - How to justify unaffordable and inefficient stimulus Kids do understand Santa Claus The Wall Street occupiers, like their brethren in other cities, are a combination of crackpots, misfits and crazies. But some are crazier than others. Krauthammer sours on Herman Cain: ‘He is winging it’ I agree. He is likeable, though. Of course. Men want sex, and women don't...right? London has suddenly awoken to the costs of indiscriminate greenness and is proposing to reduce the solar subsidies and — this is big — now threatens the multibillion dollar subsidies for its massive (and massively ugly) wind power scam. Is Pat Buchanan right about NATO? NATO = USA, EU = German Empire, UN = ? Econ. Professor Explains to #OccupyWallSt Crowd How Marxist America Will Work - Of course, it's only a coincidence Democrats support the #OWS movement...
Saturday, October 22. 2011Saturday morning links
Lattimore is good enuf for us Renovated Church Home in Kyloe, Northumberland Stop Funding College Sports - Why should taxpayers have to pay for college athletic programs? The Role of Friendship in Marriage One potential way to reform academia is to combine academic "book-learning" with an old-fashioned, hands-on apprenticeship. The EPA's Electric Vehicle Mileage Fraud A Snippet on Alleged Middle-Class Stagnation Shock: War-Hating Left Pretty Psyched About Killing People, So Long As They Can Claim This Somehow Means They've Scored a Goal Against Conservatives Thornton: The End of the Euro? The possibililty of Marco Rubio entering the fray has Obama 2012 scrambling for dirt. Today’s Questions for the President Obama, delighted with Senate defeat of his jobs bill, criticizes GOP anyway Unions and left-wing groups organize Occupy Wall Street Occupy Museums to protest at art exhibits in New York A President's Class War - Where on the income scale does Mr. Obama divide the country between us and them?
Romney Wins in 'Blowout' Over Obama in 2012, Poll Shows Obama Doctrine: How Obama Blew It In IraqNormally I'd leave this link for the morning compendium, but this is too important to be mixed in with others. After 9-years of US sacrifices, President Obama's rush for the exits in Iraq and the incompetence of his administration is seen again, with very probable bad consequences for Iraq's ability to withstand internal discord and external influence from Iran. The US is left with little but a likely buffer protecting Iranian interests and a sanctions evasion route that allows Iran greater freedom from Western pressure. Once again, each time over and over, Obama blows US interests into the crapper. Read it and weep. How the Obama administration bungled the Iraq withdrawal negotiations. Also, read Obama abandons Iraq. Morning Postscript: Carl Cannon makes the case that "The Obama Doctrine, Made Plain at Last in Libya, Iraq": The administration "They preferred to frame the events of the week in ways that play into a domestic, election-season narrative: Namely, Barack Obama made promises regarding foreign policy, and kept them....Distilled to its essence, this approach envisioned an American foreign policy that was less militaristic, less confrontational, and less-unilateral than that of his predecessor." Fred and Kimberly Kagan, however, call it "Retreat With Our Heads Held High", as the Obama administration's veil for failure to meet even newly President Obama's criteria for US goals in Iraq, citing his speech of February 2009. I'll quote them at length to see how Obama or his defenders should hang their heads in shame:
If there's any multilateralism buried in the manure, it is that of widespread burying heads in it to avoid facing the reality of a contra-Western interests Middle East that we will see in Iraq and Libya, as we've seen in Egypt, while Iran and its proxies are encouraged as was al-Quaeda by prior US weaknesses and excuses.
Posted by Bruce Kesler
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Friday, October 21. 2011Some Occupiers are more equal than othersH/t Volokh, this is indeed amusing: All occupiers are equal — but some occupiers are more equal than others. This rabble of self-important losers is even a bigger joke than SDS was. Do they know how to do anything useful in this world besides beg for my money? I doubt it. This is half-amusing: Violence Spirals Out of Control at ‘Occupy Oakland’ As Homeless People, Ex-Convicts, at Least One Sex Offender, Students & Anarchists Vie For Power. and this not amusing: Gun & Knives Pulled at Obama-Endorsed Occupy Portland Protest After Black Man Called a N*gger Oh yes, these degenerates are exactly like the Tea Party people. Lucky husband
Posted by The News Junkie
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Friday morning links
The Perils of Academic Groupthink Support mental health or I’ll kill you Dr. Helen got a kick out of this book: The 4-Hour Body: An Uncommon Guide to Rapid Fat-Loss, Incredible Sex, and Becoming Superhuman Wow Colorado, colliding views on the proper form of government Herman Cain Really Doesn't Know A Damn Thing About Foreign or Military Policy, Does He? In Their Words: What Is the Biggest Problem Facing Americans Today? The Bizarre World of Radical Climate Science An Unprecedented 26 Million Americans Are Now Underemployed Don't Let Obama Kill "Tony the Tiger" Jeff Goldstein via Driscoll:
The guy can't spell his way out of a wet paper bag, but I think he is right Descendants of Persian traders in Kaifeng, China, move to Israel with the help of a religious group and finally learn Jewish rules and traditions. Haiti Doesn't Need Your Old T-Shirt - The West can (and should) stop dumping its hand-me-downs on the developing world. Citizen Islam: The Future of Muslim Integration in the West How Many Electricians Does It Take to Screw In a Light Bulb? Car Company Gets U.S. Loan, Builds Cars In Finland Thursday, October 20. 2011A perfect metaphor for the Welfare States of America: Free diapers for all
At the risk of pissing off most of our readers, I would assert that anyone benefiting from unemployment, mortgage interest deductions, Medicare, Medicaid, food stamps, government pensions, Social Security, welfare checks, disability, SSI, etc etc is in diapers. I am sick of that old "I paid into it" line. Maybe you were fooled into thinking you did, but you did not. I never hear any gratitude from the recipients, just endless demands for more money to be extracted from the shrinking pool of taxpayers - who I term "neighbors" because that is who they are. They told you that you did, that you did pay into it and deserve it, and they told you that fiction so you would feel entitled to it and eternally grateful to "government" - not to your neighbor - for supplying it. However, you did not pay into "it." There is no "it" there, to distort Gertrude Stein. There is no money there, waiting to be used. It's just all borrowed from the Chinese, who will soon own the USA as a semi-dysfunctional subsidiary - a "distressed asset." We Americans should be ashamed of ourselves, or at least own up to our condition in which dependency has become socially and politically acceptable instead of being viewed as charity. It's not the way our tough ancestors lived, and mine led fine, honorable, sacrificial, difficult lives as far as I know, without expecting anything from anybody except spouse, family, and neighborly helping. Good lives, no mooching. In America, they put you into diapers, sooner or later, whether you want the freebies or not. Most people welcome the freebies, because, however undignified, it's human nature and we want to convince ourselves that we are entitled to it, somehow, to rationalize our sponging off of others and to reduce the shame of dependency in adulthood. I suppose I would accept the money too were I in dire straights, but I would not feel good about it because I would know that it is taken from my neighbor - not voluntarily, but by force. That's the plan - a nation of dependents. It might be the European Way, the Serfdom Way, but I do not think of it as the American Way. All of this weakens our people, our nation, our spirit, and our backbone. It is designed to do that. It is a political strategy. It's a shame Ron Paul is such a (partial) nutjob. A shame that Cain doesn't know what he is talking about, compared with your average Maggie's reader.
Posted by The News Junkie
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14:23
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Government Venture CapitalThe idea that we need more entrepreneurs to help improve the economy (a theme I've been thumping) is not lost on the government. However, their solution is to use taxpayer money to invest in areas they deem worthy. Most venture capitalists look for profitable businesses with a high potential return. Or at least some kind of return. The government has the luxury of being able to borrow as much as it wants from the Fed, or taxing the citizenry to death to pursue its dreams of a greener world...and is not seeking any return. This is not entrepreneurial behavior. This is not venture capitalist behavior. It is the kind of behavior we should all be wary of - the government picking winners and losers. It's a precarious game, particularly if you choose a market that is so small your money isn't likely to have any kind of decent return. This administration claims the GM and Chrysler bailouts "made money" (though I am sure a careful accounting will prove otherwise). Assuming this is true, and politicians are astute enough to put taxpayer money to a profitable end - why the hell are we investing in this? At its very core, it's just wealth redistribution. They just slapped a different label on it. Ed: A quote from that piece:
The magic of (quantumtatively-locked) levitation
Yeah, well...
Hat tip Theo. Home site is here, although there didn't appear to be any more vids or info on the above. Pretty amazing, though. You know that fun old literary theme of going back in time and appearing real smart compared to everybody else? If I'm going back in time, I'm bringing along one of these babies. Exit question: How long would it spin in a vacuum with no air resistance to slow it down? Thursday morning links
Japanese mathematician breaks record for determining the value of pi The Western World: We are better than them Man living as an ‘adult baby’ is cleared of Social Security fraud A Long, Steep Drop for Americans' Standard of Living:
Schools need less emphasis on empathy NYC's economy is equal to that of all of Australia: Which Countries Match the GDP of U.S. Metro Areas? Oops: Energy Department contractors caught altering old press releases involving another troubled green-energy project Desperately Seeking Talent - Employers worry more about the effects of a bad hire than about the problems of hiring someone who is competent but not exceptional. GAO: 42% of temperature gauges in U.S. are wrong Clean Up NY’s Nonprofit Sewer Walter Williams: Pitting us against eachother Biden: ‘All Crime Will Continue to Rise’ if Republicans Don’t Pass WH Jobs Bill Occupy D.C.? Most Back Protests, Surtax Barney Frank supports protesters, raises Wall St. cash Despite frosty relations with the titans of Wall Street, President Obama has still managed to raise far more money this year from the financial and banking sector than Mitt Romney or any other Republican presidential candidate, according to new fundraising data... Wall St. is overwhelmingly Democratic, esp in the upper echelons Washington, D.C. Becomes America’s Richest City - Obama’s $4 trillion army settles into its barracks. The Imperial City, built on our labor Student loans outstanding will exceed $1 trillion this year Hugo Chávez: sick in mind and body The EduJobs III Bailout; Update – Harry Reid: Who cares about private sector jobs? Why Romney Alarms Me President Obama's strategy on jobs is working — even if Americans aren’t Scapegoats: Obama wants The People angry angry angry at the Wall Street bankers and money people Redirection Sol Stern: Who’s a Zionist? The AFL-CIO’s Revolutionary Activist:
Report: Military ballot problems rise Israel’s Impossible Choice
Wednesday, October 19. 2011A lesson on hubris
To paraphrase Insty the other day, the message is "Government is corrupted by power and money, and we need more government with more money to run more things." Weds. morning links
Repubs want women to die Cain hates black people Biden Continues to Warn of Rapes and Murders If Jobs Bill Isn't Passed Obama: GOP Wants "Dirtier Air, Dirtier Water, Less People With Health Insurance" Harris Perry: Pointing Out Only 53% Pay Federal Taxes Is "Racism" Gardiner: Barack Obama’s disastrous first 1,000 days The U.S. economy is a disaster, and the White House is to blame, Trump said. Ron Paul’s “Restore America”: Spot On Mead: Green vs. Blue Showdown At The White House Romney’s Bad Appointments Are Starting to Add Up
The President's Strange Bedfellows Zuccotti Park Occupiers Having Their Wealth Redistributed: 'Stealing Is Our Biggest Problem at the Moment' Who should pay for Obama’s two-state bus tour, taxpayers or his campaign? From 5 reasons why income inequality is a myth — and Occupy Wall Street is wrong:
Religion Lite in Hollywood HOLY BAILOUT - Federal Reserve Now Backstopping $75 Trillion Of Bank Of America's Derivatives Trades Expert reveals latest ways villains clean up dirty cash The “Moderates” Celebrate the Shalit Swap Via Insty:
This is an oldie, but still good for a chuckle for me:
Tuesday, October 18. 2011Clear and conciseAVI gave us a free mini-post in his comment, here:
Hegemony, prestige... and cash, AVI. OPM. That's what they really want. Luddites and OWSers Believe in FairiesOnly the names and the dates change. Consider romantic Lord Byron, who had spent the previous Summer in a villa in Switzerland ruminating with other literaries about the issues of advancing science (which led to cohabiter Shelley’s Frankenstein), writing this drivel poetry the following December, Christmas eve 1816, in support of the Luddites: As the Liberty lads o'er the sea Bought their freedom, and cheaply, with blood, So we, boys, we Will die fighting, or live free, And down with all kings but King Ludd! When the web that we weave is complete, And the shuttle exchanged for the sword, We will fling the winding-sheet O'er the despot at our feet, And dye it deep in the gore he has pour'd. Though black as his heart its hue, Since his veins are corrupted to mud, Yet this is the dew Which the tree shall renew Of Liberty, planted by Ludd! Today’s self-declared intellectuals and media wannabes, similarly, extol the stand-against-the-machine OWSers in the parks. An essay from novelist Thomas Pynchon, maybe appropriately written in 1984, expresses the hope, “Is it OK to be a Luddite?” Pynchon traces Ludditism to belief in miracles against the “machine,” of modern life, then steps forward to today.
But, garbage in, garbage out. Now as then, retreat to fantasies misstate and contradict realities of how machines free labor to be more productive and remunerative, not only to investors but to the daily lives and liberties of workers. Now as then, it takes capitalists to exert practical imagination, risk capital, and bring to fruition and everyone’s table the produce. Not fairies.
See Polling the OWSers: "...the Occupy Wall Street movement reflects values that are dangerously out of touch with the broad mass of the American people." And with reality. They are miracle fairies for President Obama who will make disappear from consciousness all his abject failures and misdirections. Dream on as you drive into the wall of reality, President Obama. But, please spare the rest of us being further injured by your reckless driving.
Posted by Bruce Kesler
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11:51
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Tuesday morning links
4 Reasons the Mortgage Mess Won't Get Fixed Who's Buying Foreclosed Homes and Why It's a Problem What's New At Sippican Cottage Furniture Publishing: The Revolution Coming To A Kindle Near You What's A First-Year Lawyer Worth? Not Much, Say a Growing Number of Corporate Clients Who Refuse to Pay Nyquist: The Truth and Financial Meltdown Does affirmative action increase racial stereotyping? India losing jobs..to outsourcing BREAKING: An IPCC backchannel ‘cloud’ was apparently established to hide IPCC deliberations from FOIA. Majority of Americans Say Government Is "Almost Always Wasteful and Inefficient" Obama launches cultural warfare He doesn't want to be Prez of all the people. They want to divide us. I cannot believe the bushel of factual errors and stupidity in this NYT article New York’s Marxist epicenter Occupy Wall Street shows muscle, raises $300K I say Karl Rove is behind it New Yorkers Back Wall St. Protesters 3 - 1, Quinnipiac University Poll Finds; Stay As Long As You Want, Even Republicans Say TheDC Morning: Commies and Nazis sure do like Occupy Wall Street
A good collection of links at Ace The actual other 99 percent Americans shouldn't be cheerleaders for GE Globally Isolated and Economically Crippled: Why Hamas is Losing Gaza Israel's Tenured Extremists CURL: Obama’s stumbling, bumbling 1-term presidency How did I ever get an edjukation… without the federal Dept of Ed?
Monday, October 17. 2011Making the Revolution!A good reminder: Occupy Wall Street and the Chicago '68 Riots. The Revolution comes to Oakland:
I wish the media would go down to Union Square and interview all the happy young people there. Here's my comment for these envious and hate-filled kids and their media-invented movement - self-important kids and superannuated kids who somehow have time to do street theater which I am sure must be fun and somewhat gratifying if you have no responsibilities in life:
Journalism scandalI think this is a bigger journalism scandal than the Journo-list scandal during the Obama campaign in which the press coordinated their pro-Obama talking points: Busted. Emails Show Liberal Media & Far Left Cranks Conspired With #OWS Protesters to Craft Message The MSM is helping them shape their message, and then reporting it. That is not journalism, but it is how propaganda is created.
Posted by The News Junkie
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13:50
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A happy NYC park full of happy peopleThe OWS people have a very minimal impact on NYC. We went down to the city yesterday afternoon with friends for matinee theater and dinner, had a little time to kill so wandered around Union Square Park and Broadway. Happy parks filled with young happy people do not make the news. These are the people Obama should be celebrating. More people here enjoying a lovely October day than in Zucotti Park. It was Sukkot, so there were plenty of Hassidim around with their citrons and palms. They ask you "Are you Jewish?" and if you are, they will wish you a good Sukkot. Same as in Washington Square, these speed chess guys with their tables set up will play you for money. More happy pics below the fold - Continue reading "A happy NYC park full of happy people" AOL Irony Gold: Goodbye YUPPIES, Hello DUMPIESReplacing the YUPPIES, AOL hits the irony jackpot today, naming the 2010s young generation the DUMPIES, downward mobile, unemployed, poor. Of course, relatively few of last decade's young were Yuppies, and relatively few of today's are Dumpies. But the Dumpies appelation does seem to fit well the Occupy Wall Streeters. Besides the most common fecal meanings of "dump" as displayed by the photo of a protester defecating on a police car, there's more definitions found at the Urban Dictionary that fit their OWS scene: *To refer to a place or setting that is in poor condition or standards. *One who wallows in their own laziness. *A very lazy, trashy person, often smelling of foul body odor and looking like an all-around ragamuffin. *A word used to describe a person/object/situation that is definitely not even good. Often used in a situation where a boring person makes a boring statement or is just generally being a fail. *To whine about one's problems and let out many emotions to any unfortunate person who has to listen. *Noun; to be someone who's annoying or stupid and annoying.
Posted by Bruce Kesler
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11:23
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Wonkette Anti-Right Headlines, week ending 10/16/11
In case you don't know what Wonkette is, it is — by far — a blog site full of the biggest Lefty fruitcakes in existence. "Frothing at the mouth" would be an adequate description. Following is a selection of their posts and links from just this past week. Remember, folks, if you want the latest anti-right screed, then you want Wonkette! The "Perry’s last chance" debate The lesson of Perry’s candidacy: Think before you run Does Rick Perry really want to be president? Huckabee to Perry: Stop complaining and toughen up "Perry's soft on guns, soft on life…the only thing he’s strong on is his own voice." Mitt Romney: The devil you know Romney can’t beat Obama in 2012 Coulter endorses Romney: "You’ve got to go with what you have" RomneyCare: Making a fool of every Republican it touches since 2006 Harry Belafonte: Herman Cain is a "bad apple" The Cain train is going to wreck This 9-9-9 plan isn’t very progressive "When I hear 9-9-9, I want to call 911" Cain doesn’t have a clue about foreign policy Will the tea party abandon politics? These tea-party congressmen don’t love America That GOP debate certainly was terrifying
Oh, wait a sec. Damn it! Sorry, everyone. I've made a terrible mistake. Those were last week's links from Hot Air, the "leading conservative blog for breaking news and commentary." And just why is the "leading conservative blog for breaking news and commentary" so incredibly defeatist? I have no idea. But hey, this was the blog site that had more anti-Palin links than pro-Palin links during the 2008 election, so who knows what's going on behind the scenes? If anyone out there has the scoop, please let us know in the comments. It's all quite the little mystery. After founder and ex-boss Michelle Malkin wrote her anti-Perry HPV article a month ago, Hot Air promptly ran twenty anti-Perry headlines in a row over the next two weeks. Twenty. The kicker is that Hot Air is a wholly-owned subsidiary of the California-based Salem Communications Corporation, owner of over 1,650 sites, and the "bloggers" are actually compensated writers. In other words, they were paid for the above. Again, I apologize for my grievous blunder, and I promise to be more careful in the future. At least, until next week. Monday morning links
Samuelson: Downward Mobility
Real-estate and newspaper mogul Mortimer Zuckerman voted for Obama but began seeing trouble as soon as the stimulus went into the pockets of municipal unions. Authoritarian Virus Spreading in Europe Entrepreneur de jour: Police lineups on demand What Do You Call a Jobs Bill That Begets No Jobs?: Caroline Baum Elderly patients are being condemned to an early death by hospitals making secret use of “do not resuscitate” orders, an investigation has found Atlanta: Unlike the Tea Party these protestors do not seem to have jobs to attend or families to take care of. They have time on their hands. And they are becoming more emboldened. O'Reilly: What's wrong with the younger generation? Why Is Obama Sending Troops Against the Lord's Resistance Army? Can We Credibly Compare the Current Economic Crisis to the Great Depression? A state sponsor of terrorism gets a taste of its own medicine and doesn't like it Cars are topic of academic inquiry at Stanford University program Welcome to the World of Cyber-Terror Vulnerability Take my Detroit...please.
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