Hillary will be on the O’Reilly Factor on Wednesday and Thursday.
Please, I ask one thing….Find a way to use the word Falafel.
Month: April 2008
Economics Update
Well, the consumer confidence index fell to its lowest level in 5 years, what’s more, the Frog consumers are bumming more than they have in 20 years.
Sarkosy is not going to find a lot of support for making the French economy more “Anglo-Saxon” right now.
In real estate, foreclosures jumped 23% in 1Q of 2007, which is on a pace for a 200% increase in foreclosures in 2008, while the Case-Shiller Home Price index fell 13% year over year in February.
This is not over. It’s not close to being over.
In the ever entertaining Countrywide sage, the mortgage lender posted a $893 million first-quarter loss.
I still wonder when some Bank of America investor finally starts screaming about a proxy fight over their purchase of Nationwide. Every day, the deal looks worse and worse.
As to energy, oil is down, but gasoline is up.
Zimbabwe Update
To my mind, the best development this far is the fact that the UN Security council is to be briefed by MDC Secretary General Tendai Biti. Thabo Mbeki has been doing his level best to keep this off the security council agenda, and for that matter for anywhere where meaningful action might useful, for reasons that continue to escape me.
Interestingly enough the UN did a bit of good here, with somewhere in excess of 200 detained MDC supporters were released once the meeting was on the agenda.
The election in parliament was not close enough to be stolen, MDC has the majority, and the two branches of MDC have, at least for now, decided to reunite.
Mugabe’s security forces appear to escalating attacks on members of the opposition, indicating that this will be a long road to hoe.
The US has come down firmly in favor of an MDC led government, but given the credibility of the US State Department, the obvious response is , “With what army?”
The recount of the votes in the presidential election has been delayed again.
In related news, the head of the electoral commission has renamed himself Godot. (Humor. If you don’t get it, read a bloody book)
Thoughts on Obama and Wright
Let’s be clear, there are any number of Rabbis whose services I attend, but I’ve yet to see a problem that I really needed to go to them for, because I think that Rabbi Hillel’s distillation of Torah while standing on one foot * pretty much covers the situations that I’ve encountered.
I like most of the Rabbis I’ve met. But I disagree with some of the things that they believe†.
In terms of what Wright’s opinions mean about Barack Obama, the answer is that it means very little. It is only among the Christofascists who expect parishioners to act in lock step with their pastor.
That being said, the assault by the right wing on this is not swift boating. It’s Willie Horton.
Truth be told, swift boating was far more benign than Willie Horton.
The purpose of swift boating was to attack Kerry on his (only) strength as a candidate. The purpose of Willie Horton was to create an association Michael Dukkakis and a violent black criminal. It’s goal was to make him a black rapist.
Obama’s problem as a candidate, largely as a result of his skin color, is that he cannot be an angry candidate, because America fears the “Angry Black Man”, and Wright is an explicit attempt to make him into such.
It’s unfair. It has very little to do with the facts. The only thing that is important is if/how Obama puts this issue to bed.
*You can see the story here. The end state is that Hillel said, “”You want to learn a great deal quickly, don’t you? Very well, I shall teach you the Torah while you stand on one foot. This is our Holy Torah: ‘What is hateful to you, do not do unto others.'”
†They have almost all been way too hawkish on Israel, even though I consider myself an Israel hawk.
And the Morons Win the Pennant
It looks like Congress, knuckling under to knuckle heads, will continue to fund the fraud that is abstinence only education.
The reputable studies all show no effect on teen sex or pregnancy, and there are indications that it may increase the incidence of STDs, but the anti-sex right won’t let facts get in their way on their jihad against common sense.
The problem is that there is no political upside to being honest with our children.
More Signs (and Pictures) that Official Government Inflation Stats are BS
We are starting to see more articles, like this at San Diego Union Tribune, noting that official government inflation statistics are a crock.
I will note that the changes in 1983 to a large degree took housing out of the picture, which is why Alan “Bubbles” Greenspan was so bullish on real estate*, and those in 1998 used hedonic mumbo-jumbo to create the illusion of low inflation.
If you assume that inflation is 2% more than official numbers over the past 35 years, prices have doubled relative to official inflation at 3¼% more, it’s triples, and at 4%, it quadruples.
We may be seeing a tremendous drop in the standard of living of the average American over that time that has been deliberately masked by our government.
*It allowed him to call inflation in a necessity, housing, an increase in wealth. If memory serves, Greenspan was at the center of both adjustments
City’s plan to relocate residents meets resistance – Apr. 24, 2008
It appears that the 50 or so remaining residents in Youngstown’s abandoned neighborhoods are refusing to move, even with the offer of $50,000 payments.
I think that the obvious thing to do here is eminent domain. These green spaces are to be created for the benefit of the city, so as not to have to pay for utility service and police patrols to these areas.
Declare the green spaces a park, and take them to court. This is a legitimate public need.
Obviously, the use of eminent domain could be a political problem, so as an alternative, you could set up a special utility district in the neighborhoods intended for demolition.
When these folks get their bills to account for the real costs of their water, sewer, street lights, etc., they would likely leave.
And in the War We Are Losing Because We’re too Busy Losing the War in Iraq
Afghan president Hamid Karzai was nearly assassinated in Kabul at a military parade celebrating Mujahadeen Day, the expulsion of the Soviets from the country.
It appears that this occurred despite the city being flooded by security forces prior to the event.
Bush Court Confirms: Voting While Black is a Offense
They voted 6-3 to uphold Indiana’s voter discrimination identification law.
It was actually 3 opinions each supported by 3 justices, and some legal analysts claim that there is hope, since one of the concurring opinions asked for evidence of voter disenfranchisement, but I see that as a vain hope.
While I see Stephens ruling against the law if there is evidence, it is telling that there is no evidence of the sort of vote fraud that the law was intended to prevent having ever occurred in Indiana, and I see Roberts and Kennedy simply moving a bit to the right each time that such a challenge occurs.
Gripen Sales Pitch to Norway
Now that Sweden has rolled out the advanced Gripen demonstrator, they are aggressively marketing it to Norway.
Among other things, Sweden is offering co-development on some of the technologies, and a promise to upgrade their Gripens to this standard should Norway buy them.
My money is still on the steamroller that is the JSF, at least until deliveries start showing late and more expensive than previously anticipated, my guess is a price tag 2/3 that of the F-22 ($120 million a pop) as versus the $50-60 million for the Gripen.
At that point, the Gripen will look very attractive to countries that are taking a wait and see approach.
Yep, the Gripen is my fighter obsession right now. In an age of ever spiralling costs, it’s half a generation ahead of the F-16 at around the same prime price, though even with the additional fuel and thrust, it will be smaller and lighter.
What Republican Rule Has Given Us
OK, I’m a member of a by-invitation-only BBS, and one of the members Hoop, wondered why the candidates don’t tell the American public the truth about how badly America as a nation has been screwed up by republican policies, he thinks that:
This is an opportunity that comes knocking but once a lifetime.
Yet both Democratic candidates are like deer in the headlights when it comes to outlining an economic picture of the future of the US.
Perhaps they’re not the leaders they portend to be.
So I thought about for a bit, and said to myself, “OK, let’s see…as an honest leader with vision, here is what an honest candidate with vision would say.
- 20 0f the last 28 years have had Republicans in the White House and their goal has been to bankrupt the country so that we can not take of our poor or needy and so that the ordinary folk live hand to mouth and cannot work together for a better life. They have done this because they and their rich friends and supporters do better when ordinary people are powerless.
- And they have succeeded.
- They have also decided that it is in their interest to keep the American people afraid of external threats, so they are on a constant quest to find and create new enemies to scare us, so we won’t review their policies, and so we will spend our money on guns and prisons.
- And they have succeeded.
- They have aggressively created a fear of people who don’t look like us and of random criminal violence against us in order to make us waste money on putting more people in prison than any other society in the history of human kind.
- And they have succeeded.
- They have put roadblocks in front of attempts to create meaningful energy independence, because it requires a large military to protect those supply lines.
- And they have succeeded.
- They have created a system of world trade that ignores the rights of the people and makes it secondary to the profits of the banker.
- And they have succeeded.
- They have systematically attempted to replace the public good with the concept of corporate profit in our society.
- And they have succeeded.
- They have mounted an aggressive assault on the standard of living of ordinary Americans through low wage policies.
- And they have succeeded.
- They have masked this drop in standard of living by coming up with even more obscure ways for people to go into debt, (including College debt) so that they create the illusion of well being while being a slave to that debt.
- And they have succeeded.
- They have steadfastly destroyed meaningful attempts to help people get basic medical care.
- And they have succeeded.
- They have attempted to replace a society in which the manufacture of useful items, into one where parasites make money by trading between each other to the detriment of our population and our industrial base
- And they have succeeded.
Because of this, while [insert candidate here] is in office, we sill see:
- Oil leave the dollar standard, and its price going to more than $200/bbl.
- The dollar plummeting against foreign currencies.
- Inflation in the double digits for the foreseeable future.
- Food shortages nationwide, as transportation becomes increasingly expensive.
- Many of the suburbs becoming abandoned ghost towns, because those transportation costs.
- Civil disorder and unrest.
- The collapse of our hideously expensive military under its own weight.
- Your children and your parents dying for want of proper medical care.
At this point I guess that the candidate could say, “I offer you nothing but blood, sweat and tears,” and while the historians might like that, the voters certainly would not.
Maybe it should wait for the inauguration, because if you say it before the elections, you will make Barry Goldwater’s defeat look like a ride at the kiddie park.
Ron Paul Still Freaking Out Mainline Republithugs
It appears that the Ron Paul zombies are nothing if not organized. They pushed through a rules change which would allow the Paulites to select most of the delegates, and the state Republican party recessed to prevent it from happening.
It’s a pity Paul is not younger. He’d be giving the Republican party headaches for years to come.
Too Batsh&# Insane for the Constitution Party
Yes, even that merry band of Christofascists have that Alan Keyes just isn’t their type, so instead, they nominated wingnut talk show host Chuck Baldwin for president.
When the Talibaptists eschew the most priminent right wing nut-job in the United States, he disowned his daughter for being gay, you it means that you are either too crazy, or too black for them.
For Mr. Keyes, it’s probably both.
OK, this Is Corruption, and if it is Not Criminal, it Should Be
Dean Baker notices the following bit of self-admitted corruption in a New York Times article on former Clinton Treasury Secretary Robert Rubin:
Mr. Rubin encouraged Goldman to move into more treacherous markets like proprietary trading and commodities trading. Even so, he now says he was always concerned about the dangers posed by risky futures and derivatives trades, having seen how the pell-mell use of futures contracts exacerbated the 1987 stock market crash.
Shortly before leaving Goldman to head up President Clinton’s National Economic Council, Mr. Rubin says, he met with Richard B. Fisher, the chairman of Morgan Stanley, to discuss the idea of imposing stricter margin requirements on futures trading. Mr. Rubin says the idea died after the Chicago Board of Trade told him “we will make sure Goldman Sachs never trades another future on the C.B.O.T. if this went ahead.”
Bob Rubin just said that he changed his recommendations policy for the benefit of his company in has capacity as head of the National Economic Council. This is completely corrupt, and he is freely admitting it.
Where is one of Bush’s DoJ political vendettas when you need them?
Washington Post Misses the Point, Quelle Surprise
This time, it’s about the aggressive policy to outsource civil service positions to private contractors, where they say that the zeal of Bush and His Evil Minions™ is because they ,”entered office with a deep skepticism of government. He saw competitive sourcing as a way to improve agencies’ performance.”
Any objective evaluation of Republicans, and government, including Bush, shows that they have no interest at all in improving agencies performance. One need only read their own declarations. They find government programs, with the exception of the state security apparatus, to be evil, and to the degree that it is less efficient, they see this lack of effectiveness as an independent good.
Contracting out government work is not about efficiency, it’s about patronage and rewarding contributors. It frees up money to shovel to one’s supporters.
Ranks of Southern Baptists Are Shrinking
We now learn that both baptism and total membership in the Southern Baptists appear to be on the decline. It appears that not just Jimmy Carter is disenchanted with their increasingly strident stands of secular political issues.
While it is clear that the founding fathers demanded a separation of Church and State because they thought that organized religion was toxic to good governance*, there is also the issue of blowback when an a religion spot welds itself to a political party that is in the descendance.
In a very real way, they have been done in by the same thing that crippled them after the Civil War, when their origin as a sect was driven by their support of slavery.
It could be argued that the negative consequences of the circumstances of their founding led to the sect, and its worshipers, being held in some distrust until the 1960s or 1970s, with the best guess as to the definitive end of this status being Carter’s election as president in 1976.
The lesson to be learned is the lesson that Molière so eloquently demonstrated in 1664, that religion can often be a convenient refuge for scoundrels.
*Ask the brave anti-Mullah activists in Iran. They would agree too. Organized religionis completely toxic to good governance,
McCain Faults Bush Response to Gulf Storm – New York Times
Gee, John McCain has finally found a place where there is a bit of light between him and Bush and His Evil Minions™, specifically the clusterf%$# known as hurricane Katrina.
When this was all going on, the very day Katrina hit, George W. Bush was at your brthday party eating your cake, you fs$#ing moron.
Moron.
No, I Haven’t Worked There
Though I am currently working on similar projects, basically end of life stuff in the nuclear fuel process.*
In any case, I’m glad not to be working on a new shelter for the Chernobyl reactor. It’s a no win situation. Even if you get it right, no one will know for years and years while the costs continue to mount.
Truth be told, “Even if you get it right, no one will know for years and years while the costs continue to mount,” is a good metaphor for civilian nuclear power in general.
Price tag $1.4 billion and climbing.
*No specifics. My client company’s business (I’m a contractor) is their business, and it is unethical, as well as unwise, to discuss this in detail.†
†I feel no similar compunction about commenting about how a co-worker resembles Captain Jean Luc Picard. Since this does not, nor could it be construed as sensitive or compromising information.
Well Hello Dalai Lama
Well, China is now saying that it will hold talks with representatives of the Dalai Lama, and I just could not resist the pun.
The Dalai Lama has welcomed the opportunity to talk, though state run media seems to indicate that the Chinese are not quite as eager to talk as they are eager to be thought of as willing to talk, with the standard “running dog” screeds continuing.
My guess is that in the end, nothing meaningful happens, and that the Chinese claim that the Tibetans were unreasonable.
In the United States, Any Cop Can Shoot Any Black Man in the Line of Duty, and Get off Scott Free
Let’s be clear about this a crime was committed when police pumped 50 bullets into Shawn Bell’s car.
At the very least, a refusal to test police for blood alcohol level, some of whom were on duty, and drinking, as part of their undercover work was obstruction of justice.
One of the pertinent quotes is, “Detective Michael Oliver, who fired 31 bullets the night of the shooting.” That means that he emptied a clip into the car, reloaded, rechambered a round, and emptied another magazine, assuming he started with one in the chamber, and a 15 round clip.
So, you have drunk vice cops on a sting looking for a few strippers who might go a little bit too far, and its open season on black folks, and an acquittal by a judge who knows that if he wants to go higher, he will need the support of the police department when considered for a promotion.
The depressing thing is that when all is said and done, the New York City PD is one of the best in the nation.
God Bless America.