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Showing posts with label George Bush. Show all posts
Showing posts with label George Bush. Show all posts

Sunday, January 13, 2013

Why Is U.S. Employment So Anemic?

SEARCH BLOG: ECONOMY.

This winter, colds and the flu have been hanging on an on.  It seems as if the recovery from these afflictions happens at the pace of a glacier melting.  Coincidentally, that seems to be the pace of employment recovery in the U.S.

From the Bureau of Labor Statistics:




Why have the last three recoveries been viewed as jobless, while previous recoveries were not? This is because the speed of recoveries has been slower than before. In the early 1990s and early 2000s, as well as after the Great Recession, slow growth meant that sizable output gaps persisted well into the recovery. In contrast, in most earlier recessions, the output trough was followed by a period of above-normal growth that pulled output back to its previous trend.
In other words, unemployment has stayed high because GDP [output] has not recovered to the pre-recession trend... in other other words, we are having a recovery-less recovery.  Of course, they wouldn't put it in those terms.  What terms would you use?


Let's hope we don't have four more years.

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Tuesday, September 04, 2012

Americans Worse Off Due To George Bush

SEARCH BLOG: GEORGE BUSH.

From Yahoo:

Maryland Gov. Martin O'Malley was blunter when CBS's Bob Schieffer asked if he could "honestly say that people are better off today than they were four years ago?"
"No," O'Malley said. "But that's not the question of this election. Without a doubt, we are not as well off as we were before George Bush brought us the Bush job losses, the Bush recessions, the Bush deficits."
So... no matter how poorly the Obama administration performs, it will always be BLAME IT ON BUSH!

Remember that in 2016.

Now get back to looking for work.  Labor Day is over.



2012 IS HERE

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Tuesday, March 20, 2012

Republicans Propose To Reduce Spending By $300,000,000,000

SEARCH BLOG: GOVERNMENT and TAXES

Republicans are at it again.  They are proposing that President Obama's administration spend less.  President Obama wants to budget $3,800,000,000,000 for next year's spending.  Republicans think that might be too much and propose to turn that 8 into a 5.  Wow!  That gives me a real sense of relief.

Let's take a look at what that big reduction proposed by the Republicans looks like.  The last George W. Bush budget looked like this:


The last Barack Obama budget looks like this:


It looks as if 2008, George Bush's last year as President, came in slightly over budget.  But then something went drastically wrong.  What could it have been.  I just can't understand how spending got to be so high... can you?

And now the Republicans want to budget 2013 at 2009 spending levels which were only about $400,000,000,000 above the earlier budget.  Absurd!  How will government grow???  It looks as if the Republicans want to return government to the days of George W. Bush... well budget-wise anyway.

How can we hope and change if they get their way?

2012 IS HERE

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Saturday, January 21, 2012

Blame Bush

SEARCH BLOG: POLITICS




Today marks the 3rd anniversary of Barack Obama's coronation... inauguration... as President of the United States.  That's 75% through his term.


The Democratic Party is the party of victims... it's all someone else's fault (guess who?) and that's why Obama must be re-elected to bring more hope and change.  Eh, that may be getting a little old, donchathink?

Perhaps it is time to own up to the fact that the problems and solutions are HIS responsibility now.

Need more?  Try this.

2012 IS HERE

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Monday, June 14, 2010

Isn't This Politically Incorrect?

SEARCH BLOG: SPORTS and POLITICS

Futbol and South Africa.  What could go wrong?


Those days should be over in South Africa.  If it happened today in the United States, it would be George Bush's fault.  

Via Wes.

2012 IS GETTING CLOSER

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Friday, April 30, 2010

Conspiracy Theory For The Gulf Oil Slick

SEARCH BLOG: ENVIRONMENT and ENERGY
There seems little doubt that the giant oil slick in the Gulf of Mexico is a vast man-made disaster... probably much worse than anything ever seen in those parts. So now I am waiting to receive one of those frequent emails that come with conspiracy theories from Wayne Madsen.

Usually, those emails contain some nefarious plot supposedly concocted by George Bush and the CIA. How about this:

[Image from The New York Times]

WMR has learned through back channels that former President George Bush and Vice President Dick Cheney have been involved with interest of the nuclear industry to sabotage President Barack Obama's attempt to expand U.S. offshore drilling, something that this group has secretly opposed for over a decade. WMR has learned that both Bush and Cheney have received millions of dollars to push nuclear power as the source of U.S. energy independence and see abundant oil as a threat to their plans and enormous profits.

This nuclear group has secretly contracted with rogue members of the CIA to subvert all efforts to expand oil production. WMR has evidence that a critical component of the oil drilling rig was intentionally weakened in a manner that would delay the failure for several weeks and make it impossible to detect after the failure caused the destruction of the oil rig.
Bush and Cheney are now meeting secretly with the nuclear group to target other energy producing sources in plausibly deniable ways that leave nuclear power as the only viable alternative of electrical energy independence. They are expected to receive a total of over $50 million each for their involvement. WMR has learned that funds will be in the forms of various impossible-to-trace assets which are easily convertible to cash.
Bush, Cheney, and the CIA have denied such involvement; however, WMR sources are impeachable.
No doubt this little spoof of the conspiracy-around-each-corner author will provoke an equally absurd conspiracy theory.  How about Hall Of Record gets paid enormous sums by the oil industry to deflect blame from them?  Nope, just checked and nothing has come in from BP or any other company in the oil industry.  Too bad.

UPDATE


TOO MANY PEOPLE ARE TAKING THIS TOO SERIOUSLY....  THIS POST WAS A SPOOF OF THE CONSPIRACY EMAILS THAT GET FORWARDED TO ME ORIGINATING FROM HERE. BUSH AND CHENEY ARE NOT TO BLAME FOR EVERY PROBLEM THAT OCCURS DURING THE OBAMA ADMINISTRATION.

2012 IS GETTING CLOSER

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Tuesday, November 10, 2009

Obama Shows Up At Ft. Hood

SEARCH BLOG: OBAMA

Remember how George Bush got pilloried by the press and the Democratic Party for not showing up for several days after Katrina hit New Orleans? Looks like Barack Obama gets a pass for a similar timeframe. 5 days later...

Obama sorrow at Fort Hood service

President Obama pays tribute to those who died at Fort Hood

US President Barack Obama has said "no faith justifies" last week's killings of 13 people at an army base in Texas.

Read more....

Shouldn't the CinC show up a little sooner when something like this happens? And if Bush got rapped for not having FEMA better prepared for a natural disaster, why does the CinC get a pass for not having the military prepared for the inevitable disaster of treating critical information about short-fused Muslims with politically correct kid gloves?

2012 IS GETTING CLOSER

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Saturday, November 07, 2009

Barack Hussein Obama - Sir Snubalot

SEARCH BLOG: OBAMA

Barack H. Obama, President of the United States, aka Sir Snubalot.

  • Snubs Poland's 70th anniversary of the Soviet Invasion
  • Snubs Germany's 20th anniversary of the fall of Communism
  • Snubs the soldiers at Ft. Hood grieving for the killed and wounded
Why is he Commander-In-Chief of our military?

Oh, and former President George Bush and his wife did go to Ft. Hood to be with the soldiers... no publicity required.

2012 IS GETTING CLOSER

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Friday, September 18, 2009

Goodbye Europe

SEARCH BLOG: POLITICS and IRAN

From The New York Times:

White House to Scrap Bush’s Approach to Missile Shield

Published: September 17, 2009

WASHINGTON — The Obama administration plans to announce on Thursday that it will scrap former President George W. Bush’s planned missile defense system in Eastern Europe and instead deploy a reconfigured system aimed more at intercepting shorter-range Iranian missiles, according to people familiar with the plans.

President Obama decided not to deploy a sophisticated radar system in the Czech Republic or 10 ground-based interceptors in Poland, as Mr. Bush had planned. Instead, the new system his administration is developing would deploy smaller SM-3 missiles, at first aboard ships and later probably either in southern Europe or Turkey, those familiar with the plans said.

Read more....

Without a lot of specific information about the ship-based missile system, one can only deduce the nature and extent of the protection offered.

  • Time to detect and verify launch direction and hostile intent - 5 to 10 minutes
  • Time to react and launch SM-3 anti-missile missiles - 1 to 2 minutes
  • Distance hostile missile flies in 10 minutes - hundreds of miles (see specs below)
  • Range of SM-3 - about 325 miles
  • Portion of Europe protected - not much
Shahab-3
Shahab-3.svg
Type Strategic MRBM
Service history
In service 2003–present
Used by Flag of Iran Iran
Production history
Manufacturer Flag of Iran.svg Iran
Variants A,B,C,D
Specifications
Diameter 1.2 m (3 ft 11 in)

Warhead One (990 kg/2,200 lb) - five cluster warheads in new models (280 kg/620 lb) each warhead, each warhead can target different destinations.

Engine Liquid & Solid (for models made after 2006)
Operational
range
2,100 km (1,300 mi)
Speed 5,500 km/h (3,400 mph), 21 mach in final phase.

Specifications and images from Wikipedia.org
It seems questionable how much protection any area would be afforded from missiles based in the Mediterranean Sea. One might think that this is just another step in President Obama's effort to undercut the U.S. military presence and effectiveness around the world.

[map from Google Maps]

More protection would be offered by moving from the Mediterranean Sea to the Black Sea, but it is conceivable that Iran could counter that by setting up ship-based launch systems in the Caspian Sea... or the Atlantic Ocean. Just a harmless cargo ship until a few missiles pop out and the ship is scuttled or destroyed itself with a small nuclear device set off by the crew after they abandon ship in a small, high-speed boat. No telling how far the nut-jobs in Iran will go... and how much the nut-jobs in North Korea will help them.

Missile defense is difficult and expensive. Certainly having our ships sitting around waiting for a missile to go off can't be cheap. Maybe the more rational approach is to place them within the borders of our allies... oh, wait, that was the plan.

Of course, it could be argued that Iran's missiles are only for defensive purposes and its nuclear program is only for generating electricity. They could be....
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Tuesday, August 25, 2009

The Next Big Bubble

SEARCH BLOG: BUBBLE

We've gotten used to "bubbles." You know, those phenomena where something expands beyond reason... when the "value" placed on something goes significantly beyond any reasonable or intrinsic value. We've had a lot of them, but the next big one is going to make all of the previous bubbles... combined... look like tiny specks.

You might remember the gold and silver bubble when everyone was selling their old jewelry and flatware for outrageous prices. We've had a couple of oil bubbles that have caused major economic disruption. There was the dotcom bubble that created "billionaires" out of air. The housing bubble made owning a home the ultimate investment... until it wasn't. Commodities, energy, technology, housing... what's left?

The next big bubble is this:

[click image for more details]

The Obama administration has opened Pandora's Box by starting investigations into the Bush Administration's action.

Prediction: the Obama Administration will be the subject of investigations for the largest corruption scandal in the history of the world! The Republican administration will simply point out how may special interest groups, such as Acorn, received billions of taxpayers' dollars under the most dubious of excuses.

The Obama administration has obligated each of you give your money to special interests such as Acorn as part of its special interest laden stimulus spending. Each of you is now on the hook for almost $200,000 of federal debt... and it is going to get much worse. Your future is shot; when are you going to do something to protect the future of your children?

Too late. While you were mulling that over another $ million went down the tubes.

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Sunday, July 26, 2009

Reducing Health Care Costs

SEARCH BLOG: MEDICINE

President Obama: don't spend $1 - 2 trillion of our tax dollars supposedly fixing health care by replacing what we already have... with what we already have. Here is my plan to expand health care and lower overall costs... by doing four things for less than $50 billion annually or less than the cost of the war in Iraq or annual Congressional pork projects:

  • Eliminate lawsuits for medical mistakes
  • Pay for medical school educations [$15 billion - 100,000 x $150,000 annually]
  • Fund free clinics for those unable to pay for medical insurance [$25 billion - 5,000 x $5 million annually]
  • Provide catastrophic insurance coverage for those unable to pay for it. [$5 billion annually]
That's all that needs to be done... along with the implementing the corresponding requirements for those actions.

First, remove entirely medical malpractice from the court system.
Analysis of trends in medical malpractice claims and payments reveals
that the total dollars in paid physician medical malpractice claims have
approximately doubled in the past decade. Average defense costs per claim
have increased substantially, also doubling. As expected, there is substantial
variation across states in these measures.

Further analysis shows the growth in dollars paid on malpractice claims is
mainly due to increases in the average size of claims. The total number of paid
claims has been relatively stable, despite a sizeable increase in the number of
physicians. The overall increase in total medical malpractice payments was only
slightly above the rate of medical care inflation, but somewhat greater than the
general rate of inflation.

The impact of medical malpractice law reform on the appropriateness of
malpractice awards, rising malpractice premiums, and the availability of
coverage is often unclear. And while medical malpractice continues to be a
focus of state legislatures, the U.S. Congress, and the Bush Administration, little
agreement exists on what approach best addresses the problems of medical
malpractice. Whether reform of tort law or changes in the malpractice
insurance system provides better solutions is debated. But better
understanding of these complex systems and their interaction could lead to the
most appropriate proposals for change. [p. 28 of Summary and Conclusion]
Replace that with boards of review composed of medical experts, legal experts, and patient advocates [eliminate adversarial environment] that determine if there was medical malpractice or fraud.
  • If a doctor has made a medical decision that inadvertently harmed a patient while taking a reasonable course of action that has an uncertain outcome due to circumstances, the doctor is held harmless and catastrophic insurance will cover all of the patient's medical expenses and extended care... including both at-home care and nursing home care and, possibly, loss of income as a provision of patient-purchased or government-provided coverage.
    For example, the patient suffers a stoke due to the doctor taking proper action to treat a life-threatening breathing problem or heart condition.
  • If a doctor has made a medical decision that was based on incompetence or applying unreasonable approaches, suspend/revoke the doctor's license and catastrophic insurance will cover all of the patient's medical expenses and extended care ... including both at-home care and nursing home care and, possibly, loss of income as a provision of patient-purchased or government-provided coverage.
    A pattern of harmed patients is considered evidence of incompetence, but not absolute proof in a specific instance, except for known high-risk situations where treatment cannot be reasonably guaranteed to succeed. For example, the doctor fails to take appropriate action for a situation where the problem is obvious and the treatment is standard. If the review finds that the harm was done maliciously... intentionally withholding necessary treatment, the finding should be grounds for criminal prosecution.
  • If a patient was not harmed, but knowingly attempts to receive financial gain from the system, the patient may be subjected to fines or jail sentences as de facto fraud.
Secondly, remove the cost of medical training and education from the patient care equation to bring more doctors into the system so that care can be given before the problems of so many patients becomes too serious and care extremely expensive.
Doctors can elect to earn, but are not required to do so, their free medical training and education through a contractual term of service at free clinics, after which they may compete for jobs or establish their own practices. Foreign doctors wishing to practice in the U.S. would also be required to be certified within the U.S. system and provide a lesser term of service at free clinics.
Individuals remain free to pay for their own medical training and education and avoid any contractual obligation to the government. This is similar to the military program of providing an education in return for service. Universities still would be able to offer scholarships for particularly deserving students... academically deserving.
  • The cost of medical training and education will be borne by the taxpayers as a necessary cost of maintaining a highly functioning medical system under a mandate to provide expanded health care to those unable to pay for it [shared costs].
  • Doctors still will earn, through a merit system and judgment by the medical establishment, the privilege of entering medical training and further specialize into more advance areas [maintaining quality].
  • Doctors retain the right to higher compensation based on their qualifications and services rendered [increasing incentives].
  • Fees will be lowered by not limiting the number of doctors who are general practitioners or within an advanced specialty [increasing supply] and by removing the liability coverage costs associated with higher risk specialties [reducing disincentives and costs].
In return, the government will provide minimal catastrophic insurance coverage for those unable, not unwilling, to pay for their own health care insurance.
  • Those who are able to pay for catastrophic insurance coverage [based on a percentage of their income] are free to elect to not do so, but they will cover such costs personally until their estates are exhausted. The income standard for coverage will make adjustments for the number of dependents similar to the way income taxes adjust gross income.
  • The government will fund free clinics for those who qualify for government assistance that must be used instead of hospital emergency rooms to treat common illnesses or injuries unless no free clinic is within a reasonable distance... say 10 miles. [$25 billion]
  • Free clinics may transfer patients to hospitals as medically required after initial evaluation; however, those clinics that routinely transfer patients for non-emergency care will be subject to penalty and staffs will be subject to disciplinary actions. Patients who simply bypass the system could be subject to refusal of service or may simply receive assistance to get to the local free clinic... a taxi to be paid for by the local free clinic. The government can figure out what to do after that.
  • No persons illegally in the U.S. will qualify for any such assistance at either free clinics or hospitals... period. They may receive medical assistance through funds established by non-profit groups dedicated to that purpose or from funds provided by the Department of Homeland Security that has the responsibility keep out illegal aliens in the first place.
Taxpayers are given the most for their money and not forced to pay for:
  • Unnecessary legal actions,
  • Medical actions that are "cover-your-ass" only because of fear of lawsuits,
  • Those who abuse the system, and
  • Those who do not belong within the system.
Insurance costs must reflect the significantly reduced liability risks and the government's intervention in catastrophic medical costs for those unable to pay... who would otherwise still receive payment from private health care facilities, regardless.
Individuals will always retain the right to seek and pay for their own medical services without resorting to the government contributing toward the payment of those services... or limiting access to those services.
Treat the causes, not the symptoms, of high medical costs. Everyone will win except those who seek to gain from fraudulent lawsuits and those who raise the cost of medical care by promoting excessive compensation demands for medical mistakes... including incompetent doctors.

Of course, simply by eliminating huge lawsuits, the cost of medical services can be reduced significantly... without other government subsidies.

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Thursday, July 02, 2009

Your U.S. Senators May Not Be Listening

SEARCH BLOG: POLITICS

The EPA has demonstrated its unwillingness to listen to views that do not support preconceived notions. It is possible that your senators will have that same mindset.

July 2, 2009

Dear Sen. Levin [also Sen. Stabenow]:

As you examine the arguments for and against the proposed energy/climate bill, I suggest that you, as a senator for the state of Michigan, focus very specifically on the factors that will impact Michigan.

Climate change has been the public issue behind this effort. The fact is that since the 1930s the trend of temperatures has been flat to declining and since 2000 the trend has definitely been declining. Climate change and CO2 as a danger is a red herring.

I can accept part of the argument that energy independence from rogue or hostile nations is a reasonable goal, but data from the U.S. Energy Information Administration is a good indicator that we have minimal chance of achieving that goal without a major expansion of domestic oil and natural gas sources... an unlikely scenario under this proposed legislation.

The state of Michigan most definitely will be harmed by this legislation in combination with recent EPA regulations. While it is a simple matter for mandated mileage performance levels to be set, it is entirely another matter to deploy existing and yet-to-be-developed technology in a manner consistent with customer wants and needs... as it relates to the regulatory time line. What, for example, will be the sales mix of trucks that can meet the 2016 mpg requirements? Does that meet customer needs at prices customers will pay?

Looking at the sources of electricity, it becomes very clear that without a significant expansion of nuclear power, non-CO2 producing power sources cannot meet proposed legislative schedules. Additionally, the cost increases to consumers and business must be significant in order to cover the cost increases to utility companies providing energy from these alternative sources.

The very basis for this legislation is faulty and the results of this legislation will be disastrous for Michigan. I request that you carefully consider your decision when casting your vote.

Thank you.

Below is the boilerplate answer you will receive under the category of ENERGY:

dateThu, Jul 2, 2009 at 10:11 AM
subjectRe: Your Concerns
mailed-bylevin.senate.gov

Dear Mr. Hall:

Thank you for contacting me regarding California’s proposal to regulate greenhouse gas emissions from automobiles. I appreciate hearing your thoughts on this matter.

On January 26, 2009, President Obama ordered the Environmental Protection Agency (EPA) to reconsider Administrator Stephen Johnson’s February 2008 decision to deny California a waiver of federal preemption that would allow for state regulation of greenhouse gas emissions from automobiles. In directing the EPA to reexamine the Bush administration’s denial of the California waiver, President Obama said he wanted to avoid a “confusing and patchwork set of standards.”

I oppose granting California a waiver of federal preemption because I believe it has the potential to create a set of conflicting and overlapping requirements that could significantly and unfairly burden our domestic auto manufacturers. California’s proposal to limit greenhouse gas emissions from cars sold in California relies largely on increasing corporate average fuel economy (CAFE) standards for cars and light trucks. A number of other states have either adopted the California regulations or indicated they intend to do so. The net effect of these regulations adopted in many states across the country, if allowed to go into effect, would be a patchwork of potentially conflicting requirements because the implementation of the California regulations in each state would be driven by the sales mix of vehicles in each state. Moreover, the regulations adopted by the State of California, the model regulations other states would adopt, include a provision that is highly discriminatory against our domestic manufacturers because it exempts manufacturers who sell less than 60,000 vehicles in California.

The most rational way to reduce greenhouse gas emissions from vehicles is to develop a national policy that brings together regulation of fuel economy and greenhouse gas emissions. If we take advantage of the unique opportunity to bring these efforts together, we can develop a strong national policy that incorporates technology innovation into the vehicles sold in the U.S. and that contributes to reducing our greenhouse gas emissions globally. This approach would take advantage of significant new advanced technologies that have the potential to transform the way in which people drive and that offer enormous potential to increase fuel efficiency and reduce greenhouse gas emissions. It also would take into account the newer, non-discriminatory fuel economy standards enacted by Congress in 2007 (EISA, P.L.110-140) by applying the same standard for similar size and weight vehicles regardless of manufacturer.

The uniform standard should be based on science and technological feasibility, and it should be written in a way that is non-discriminatory. For a single national standard to be non-discriminatory, it needs to be attribute-based and based on solid scientifically-derived information and data. It also needs to take into consideration what is technologically achievable. I hope that the EPA will join with the National Highway Transportation Safety Administration (NHTSA) in adopting a single national standard based on technological feasibility for each class of vehicle. I would welcome the opportunity to work with the Obama administration, the State of California, and other interested parties in achieving that goal.

I believe we have a historic and unique opportunity to address global warming and vehicle fuel efficiency in a strong national standard that recognizes the overlapping nature of these two issues and acknowledges the expertise that federal and state agencies can bring in addressing them together. Again, thank you for sharing your views with me.

Sincerely, Carl Levin

The automated response is, of course, irrelevant to the message sent.
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Sunday, May 17, 2009

What Happened To Obama's Change?

SEARCH BLOG: POLITICS

President Obama promise a clean break from the Bush administration. Well, in the area of spending, he has delivered. His domestic policies and plans are making drunken sailors look sober. In one area, he has proven to be a "Bushie" himself: actions aimed at "foreign interests against the U.S." I think most Bushies called them terrorists.

The candidate Obama roundly criticized the Bush administration for the way these foreign interests against the U.S. were detained without their Constitutional rights. Then candidate Obama indicated that he would deal with those foreign interests on a higher moral plane. Then candidate Obama said he would provide transparency in U.S. actions. Now President Obama has the responsibility. Now President Obama is backtracking.

Meanwhile, Speaker of the House Nancy Pelosi has made some claims about what she was told by the CIA and the Bush administration. She claims that she was never informed about the true nature of the interrogation techniques used against the foreign interests against the U.S. Or perhaps she was informed, but misled. Or perhaps she was informed, but not fully. Or perhaps she was informed, but it was the day she had a hair appointment.

Change is easy to talk about when you don't have the responsibility. Change is easy to talk about when you find the facts inconvenient. Change is not so easy to implement when it is more than political rhetoric. Change is not so easy to implement when you have to account for the results.

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Wednesday, April 29, 2009

Obama Wants U.S. To Return To Science

SEARCH BLOG: POLITICS

From AFP:

Obama vows return to US science prominence

WASHINGTON (AFP) — President Barack Obama pledged Monday to return the United States to a "high water mark" of scientific achievement, announcing a goal to commit three percent of GDP to research and development.

Obama laid out a deck of initiatives in a speech at the National Academy of Sciences, where he vowed to implement what he described as the largest-ever US investment in scientific research and a dramatic reversal of the ideology-driven policies of his predecessor George W. Bush.

U.S. high school graduation rates:

WASHINGTON — Seventeen of the nation's 50 largest cities had high school graduation rates lower than 50 percent, with the lowest graduation rates reported in Detroit, Indianapolis and Cleveland, according to a report released Tuesday.

The report, issued by America's Promise Alliance, found that about half of the students served by public school systems in the nation's largest cities receive diplomas. Students in suburban and rural public high schools were more likely to graduate than their counterparts in urban public high schools, the researchers said.

Nationally, about 70 percent of U.S. students graduate on time with a regular diploma and about 1.2 million students drop out annually [ed - and what percent of the 70% are just given their diplomas to get them out of the system?].

"When more than 1 million students a year drop out of high school, it's more than a problem, it's a catastrophe," said former Secretary of State Colin Powell, founding chair of the alliance.

Well, we can get some of those Chinese Ph.Ds to do our research for us.

Don't you love how Bush did everything on a non-scientific, ideological basis


... and the Obama Democrats are doing everything on a scientific, non-ideological basis?

We’re seeing the reality of a lot of the North Pole starting to evaporate, and we could get to a tipping point. Because if it evaporates to a certain point - they have lanes now where ships can go that couldn’t ever sail through before. And if it gets to a point where it evaporates too much, there’s a lot of tundra that’s being held down by that ice cap....” Henry Waxman


On NBC’s “Meet the Press” on Sunday, the speaker [Nancy Pelosi] twice seemed to suggest that natural gas – an energy source she favors – is not a fossil fuel.

I believe in natural gas as a clean, cheap alternative to fossil fuels,” she said at one point. Natural gas “is cheap, abundant and clean compared to fossil fuels,” she said at another.

Now... if we can only align reality with political hyperbole.

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Tuesday, April 21, 2009

Old News Guy Is Climate Skeptic

SEARCH BLOG: GLOBAL WARMING

I'm passing this on from Marc Morano who is passing it on from Charles Osgood:

Washington DC: Veteran CBS newsman Charles Osgood, the host of the CBS News Sunday Morning show since 1994, has released an April 21, 2009 surprise “The Osgood File” radio report questioning man-made global warming predictions.


In the radio report, Osgood reveals that “the sun is the dimmest it's been in nearly a century” and noted that previous quiet sun periods have “led to a mini-Ice Age here on Earth.”


Osgood even admonished himself for questioning man-made warming fears by declaring "Hush, Child! You're not even supposed to suggest that."


Osgood asked: “Right now, global warming is a given to so many, it raises the question: Could another minimum activity period on the Sun counteract, in any way, the effects of global warming?


Hush, child! You're not even supposed to suggest that. The only thing that can change global warming is if we human beings --- we Americans, especially --- completely change our ways and our way of life. I'm sure you'll be hearing more about this solar dimming business, now that the story is out. Remember, you heard it here first...”


Osgood, a long-time environmentalist with close ties to the Nature Conservancy, has not always sounded so skeptical of global warming. In a March 19, 2007 “The Osgood File”, he reported, “It may be POLITICALLY impossible to cut back fast enough on greenhouse gas emissions to do anything global warming. And if that is the case we may have to turn to geo-engineering.”


Osgood's current willingness to question the sun's role in the climate system, is in direct contrast to his fellow CBS News reporter Scott Pelley who chooses to exclusively report the views of the promoters of man-made climate fears. Pelley explained in 2006 that he actually “tried hard to find a respected scientist who contradicted the prevailing opinion in the scientific community, but there was no one out there who fit that description.”


Pelley also publicly compared scientists skeptical of global warming fears to Holocaust deniers. "If I do an interview with Elie Wiesel," he asks, "am I required as a journalist to find a Holocaust denier?" Pelley said in a March 23, 2006 interview with CBS News.


#


Full Audio of Osgood's April 21, 2009 report available here:


Full Transcript of “The Osgood File” Radio Report as Aired on CBS Radio Network on April 21, 2009:

04/21/09 9:25 AM

A QUIET SUN DOESN'T HAPPEN OVERNIGHT.

The Osgood File. I'm Charles Osgood.

I know you've already got a lot to worry about as it is, but something rather odd is going on --- on the Sun.

The Sun normally undergoes an 11-year cycle of activity --- and last year, it was supposed to have heated up --- and, at its peak, would have a tumultuous boiling atmosphere, spitting out flares and huge chunks of super-hot gas.

Instead, it hit a 50-year low in solar wind pressure, a 55-year low in radio emissions, and a 100-year low in sunspot activity. Right now, the sun is the dimmest it's been in nearly a century.

Did you know that? It's true. Astronomers are baffled by it, but has the press covered the story? Hardly at all. Is the government doing anything about it? No, it's not even in the Obama budget or any Congressional earmarks.

But, sooner or later, I bet it will turn out to be our fault --- yours and mine. And in Washington, where everything is political, they'll note that it began before President Obama took office --- perhaps "another example of the failed policies of the Bush Administration."

At an upcoming meeting of astronomers in the United Kingdom, they'll be studying new pictures of the Sun taken from space, looking for any hint that the Sun will start heating up again and acting up again, the way it's supposed to. But there is no sign of that, so far.

In the mid-17th Century, there was a quiet spell on the Sun --- known as the Maunder Minimum --- which lasted 70 years, and led to a mini-Ice Age here on Earth.

Right now, global warming is a given to so many, it raises the question: Could another minimum activity period on the Sun counteract, in any way, the effects of global warming?

Hush, child! You're not even supposed to suggest that. The only thing that can change global warming is if we human beings --- we Americans, especially --- completely change our ways and our way of life.

I'm sure you'll be hearing more about this solar dimming business, now that the story is out. Remember, you heard it here first...

The Osgood File. Transcripts, podcasts, and Mp3's of all these programs can be found at theosgoodfile.com. I'm Charles Osgood on the CBS Radio Network.

The Osgood File. April 21st, 2009.


I thought I'd save the commenters some time with this post's title.

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Monday, April 13, 2009

Tea Anyone?

SEARCH BLOG: ECONOMY

There is a lot of unhappiness among those who are going to be asked to pay for Obama's party. As of yet, because they are in the voting majority, the unhappiness is not resonating among those who see themselves as the beneficiaries of Obama's change. Why? Possibly because the fiscal impacts of Obama's economic disruptions have yet to be felt. They will be felt on future April 15ths.

As for this April 15th ...

From Al Fin:

11 April 2009 Bush the Gray, Obama the Red There is a direct connection between the graph above and the map below. The graph above is the optimistic, wishful-thinking view of where Obama is taking America. Deeply into debt, but perhaps total catastrophe can be avoided. A more battle hardened viewpoint might state that it is precisely the total catastrophe toward which Obama is aiming. No matter. Intentional or not, catastrophe is the end result of the real fiscal and monetary trajectory of the clueless clown president.

Which is why the Tea Party movement is springing up in towns, hamlets, boroughs, and municipalities across the country. This is a grassroots movement that doesn't depend upon the ill-gotten $ billions of George Soros and his gang of economic demolition specialists. The leftist-dominated news media has studiously ignored the nationwide phenomenon, but not leftist minions such as moveon.org and other groupthinking agitprop organisations. They intend to crash the party on April 15 -- TAX DAY!!! Below are a few of the locations where Tea Party protests are scheduled to occur on tax day. If you attend one, be on the lookout for moveon.org etc. agents provocateur.These agents provocateur will be aiming for a disruption that will play well to the national media -- something to serve as a symbol of disdain at which the Katie Courics and Charlie Gibsons of the media can smirk from a distance -- objective and above the fray, as always. As if.

Certainly Obama will not back down from his radical core ideas. He has been waiting his whole life to carry them out, and now that he is so close what can possibly stop him? Watch for yourself, or attend personally. Be sure to carry a video camera and keep a video journal of the fun.
Remember, Obama may be the CEO of the U.S., but you are the shareholders. What happens to CEOs who cannot run their business correctly... who bring overwhelming debt and operational chaos to their organizations?

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Friday, April 10, 2009

Obama to Push Tax Forgiveness Bill as One Priority

SEARCH BLOG: GOVERNMENT

By JULIA OVERSIGHT
Published: April 9, 2009

While acknowledging that the recession makes the political battle more difficult, President Obama plans to begin addressing the country’s taxation system this year, including looking for a path for tax evaders to become legal, a senior administration official said on Wednesday.

Mr. Obama will frame the new effort — likely to rouse passions on all sides of the highly divisive issue — as “policy reform that controls taxation and makes it an orderly system,” said the official, Cecilia Gotcha, deputy assistant to the president and director of intergovernmental affairs in the White House.

Mr. Obama plans to speak publicly about the issue in May, administration officials said, and over the summer he will convene working groups, including lawmakers from both parties and a range of taxation groups, to begin discussing possible legislation for as early as this fall.

Some White House officials said that taxation would not take precedence over the health care and energy proposals that Mr. Obama has identified as priorities. But the timetable is consistent with pledges Mr. Obama made to local groups in last year’s campaign.

He said then that comprehensive taxation legislation, including a plan to make legal status possible for an estimated 12 million tax evaders, would be a priority in his first year in office. Tax evading voters turned out strongly for Mr. Obama in the election.

“He intends to start the debate this year,” Ms. Gotcha said.

But with the economy seriously ailing, advocates on different sides of the debate said that taxation could become a polarizing issue for Mr. Obama in a year when he has many other major battles to fight.

Opponents, mainly Republicans, say they will seek to mobilize popular outrage against any effort to find more Cabinet positions for habitual non-taxpayer workers while so many taxpayers are out of tax reductions.

Democratic legislative aides said that opening a full-fledged debate this year on taxation, particularly with health care as a looming priority, could weigh down the president’s domestic agenda.

Debate is still under way among administration officials about the precise timing and strategy. For example, it is unclear who will take up the Obama initiative in Congress.

No serious legislative talks on the issue are expected until after some of Mr. Obama’s other priorities have been debated, Congressional aides said.

Just last month, Mr. Obama openly recognized that taxation is a potential minefield.

"I know this is an emotional issue; I know it’s a controversial issue,” he told an audience at a town meeting on March 18 in Costa Mesa, Calif. “I know that the people get real riled up politically about this."

But, he said, tax evaders who are long-time residents but lack legal status “have to have some mechanism over time to get out of the shadows.”

The White House is calculating that public support for fixing the taxation system, which is widely acknowledged to be broken, will outweigh opposition from voters who argue that tax evaders take tax reductions from taxpayers. A groundswell among voters opposed to legal status for tax evaders led to the defeat in 2007 of a bipartisan taxation bill that was strongly supported by President George W. Bush.

Administration officials said that Mr. Obama’s plan would not add new tax evaders to the American work force, but that it would recognize millions of tax evaders who have already been working here. Despite the deep recession, there is no evidence of any wholesale reduction of non-taxpayer workers, independent studies of census data show.

Opponents of legalization legislation were incredulous at the idea that Mr. Obama would take on taxation amnesty when economic pain for taxpayers is so widespread.

“It just doesn’t seem rational that any political leader would say, let’s give millions of tax evading workers permanent access to U.S. paid-in-full status when we have millions of taxpayers have been compliant,” said Roy Beck, executive director of NumbersUSA, a group that favors reduced taxation. Mr. Beck predicted that Mr. Obama would face “an explosion” if he proceeded this year.

“It’s going to be, ‘You’re letting them keep that tax reduction, when I could have that tax reduction,’ ” he said.

In broad outlines, officials said, the Obama administration favors legislation that would bring tax evaders into the legal system by recognizing that they violated the law, and imposing fines and other penalties to fit the offense. The legislation would seek to prevent future tax evasion by strengthening tax enforcement and cracking down on employers who hire tax evaders, while creating a national system for verifying the legal taxation status of new workers.

But administration officials emphasized that many details remained to be debated.

Opponents of a legalization effort said that if the Obama administration maintained the enforcement pressure initiated by Mr. Bush, the recession would force many tax evaders to return home. Dan Stein, the president of the Federation for American taxation Reform, said it would be “politically disastrous” for Mr. Obama to begin an taxation initiative at this time.

Anticipating opposition, Mr. Obama has sought to shift some of the political burden to advocates for tax evaders, by encouraging them to build support among voters for when his proposal goes to Congress.

That is why Representative Luis V. Gutierrez, a Democrat from Mr. Obama’s hometown, Chicago, has been on the road most weekends since last December, traveling far outside his district to meetings in local churches, hoping to generate something like a civil rights movement in favor of broad taxation legislation.

Mr. Gutierrez was in Philadelphia on Saturday at the Iglesia Internacional, a big local evangelical church in a former warehouse, the 17th meeting in a tour that has included cities as far flung as Providence, R.I.; Atlanta; Miami; and San Francisco. Greeted with cheers and amens by a full house of about 350 people, Mr. Gutierrez, shifting fluidly between Spanish and English, called for taxation policies to preserve family unity, the strategic theme of his campaign.

At each meeting, speakers from the community, mainly citizens, tell stories of loved ones who were overlooked or of delays and setbacks in the taxation system. Tax evaders have not been invited to speak.

Mr. Gutierrez’s meetings have all been held in churches, both evangelical and Roman Catholic, with clergy members from various denominations, including in several places Muslim imams. At one meeting in Chicago, Cardinal Francis George, president of the United States Conference of Catholic Bishops, officiated.

One speaker on Saturday, Jill Flores, said that her husband, Felix, a non-taxpayer from Mexico who crossed the border illegally, had applied for legal status five years ago but had not been able to gain it even though she is an American citizen, as are their two children. Now, Ms. Flores said, she fears that her husband will have to leave for Mexico and will not be permitted to return for many years.

In an interview, Mr. Gutierrez rejected the idea that the timing is bad for an taxation debate. “There is never a wrong time for us,” he said. “Families are being divided and destroyed, and they need help now.”

Jeff Xoomy contributed reporting.
Okay, so maybe he wasn't talking about getting tax evaders legalized. Put in another noun or phrase describing a person who has committed a crime. Does that make any more sense?

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Thursday, March 19, 2009

Change Came And Hope Left

SEARCH BLOG: POLITICS

We live in troubled times. World economies were hit by years of accumulated corruption and manipulation. Is it a wonder that people feel upset and lack confidence.

From MarketWatch:

ECONOMIC REPORT
Consumer sentiment slips to 16-year low
By Rex Nutting, MarketWatch
Last update: 10:27 a.m. EDT March 14, 2008

WASHINGTON (MarketWatch) -- U.S. consumer sentiment slipped again in March, but not as much as expected, according to media reports Friday.

The University of Michigan/Reuters index tracking consumer sentiment dipped to 70.5 in March from 70.8 in February. The March reading came in above the 69.0 expected by economists. See Economic Calendar.

Still, it was the lowest in 16 years.

The expectations index fell to 61.4 from 62.4, also the lowest since early 1992. However, the current conditions index for March improved to 84.6 from 83.8 in February.

Consumers' expectations for inflation over the next year jumped to 4.5% from 3.7% in February, an increase that "cannot be interpreted as anything other than troubling," wrote Joseph Brusuelas, chief U.S. economist for IDEAglobal.
While our government now scrambles to diffuse the anger of its citizens who feel they cannot trust big business, big government, or the "change" that was promised to them, AIG is the current poster-boy for what ails the country. AIG is the financial giant that precipitated a big part of the meltdown. They were the company that made Sen. Dodd of Massachusetts the recipient of large sums of campaign contributions... more than $280,000 over the last 20 years. They were the company that Sen. Dodd insisted have the right to pay bonuses to their executives despite massive loans from the Federal government. They are the company that Sen. Dodd now vilifies as he tries to deflect attention from his own shady actions.

Meanwhile, Barney Frank continues his own version of the Mad Hatter by blithely disregarding death threats made against AIG executives as he demanded their personal information be made public. That's the same Barney Frank who did such a marvelous job with Fannie Mae in screwing up the mortgage industry.

Yes, the people of the U.S. have expressed some pretty deep pessimism with the present situation... and their probable future. It's that way all over the world, isn't it?

Well, maybe not all over the world.
ABC News, via HotAir


Click on video below.
[h/t Gateway Pundit]

Well, we can't exactly blame President Bush for that, can we? Oh, wait! I'm sure President Obama will point out that 35% of Iraqis say things are not going well in their own lives. That's the same President Obama who has surrounded himself with a Cabinet of high integrity individuals [who just can't figure out their taxes] and takes advice from stellar Democrats such as Dodd and Frank and Nancy Pelosi who thinks illegal aliens should be rewarded with everything from free health care to being praised as true American patriots.

These are the same purveyors of "hope and change" that want to have U.S. military personnel who were injured in the line of duty pay for the insurance to cover their treatment.

Small wonder that the Iraqis have a better attitude toward their war-torn existence than Americans have toward a nation under the thumbs of the biggest liars and manipulators in its history.
Strangely, that ABC video sounded an awful lot like Pres. Bush's strategy... with the results he was predicting. That's the same Pres. Bush that was called a buffoon by Pres. Obama's supporters. Makes you wonder just a little bit, doesn't it?
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There is always an easy solution to every human problem—neat, plausible, and wrong.
Henry Louis Mencken (1880–1956)
“The Divine Afflatus,” A Mencken Chrestomathy, chapter 25, p. 443 (1949)
... and one could add "not all human problems really are."
It was beautiful and simple, as truly great swindles are.
- O. Henry
... The Government is on course for an embarrassing showdown with the European Union, business groups and environmental charities after refusing to guarantee that billions of pounds of revenue it stands to earn from carbon-permit trading will be spent on combating climate change.
The Independent (UK)

Tracking Interest Rates

Tracking Interest Rates

FEDERAL RESERVE & HOUSING

SEARCH BLOG: FEDERAL RESERVE for full versions... or use the Blog Archive pulldown menu.

February 3, 2006
Go back to 1999-2000 and see what the Fed did. They are following the same pattern for 2005-06. If it ain't broke, the Fed will fix it... and good!
August 29, 2006 The Federal Reserve always acts on old information... and is the only cause of U.S. recessions.
December 5, 2006 Last spring I wrote about what I saw to be a sharp downturn in the economy in the "rustbelt" states, particularly Michigan.
March 28, 2007
The Federal Reserve sees no need to cut interest rates in the light of adverse recent economic data, Ben Bernanke said on Wednesday.
The Fed chairman said ”to date, the incoming data have supported the view that the current stance of policy is likely to foster sustainable economic growth and a gradual ebbing in core inflation”.

July 21, 2007 My guess is that if there is an interest rate change, a cut is more likely than an increase. The key variables to be watching at this point are real estate prices and the inventory of unsold homes.
August 11, 2007 I suspect that within 6 months the Federal Reserve will be forced to lower interest rates before housing becomes a black hole.
September 11, 2007 It only means that the overall process has flaws guaranteeing it will be slow in responding to changes in the economy... and tend to over-react as a result.
September 18, 2007 I think a 4% rate is really what is needed to turn the economy back on the right course. The rate may not get there, but more cuts will be needed with employment rates down and foreclosure rates up.
October 25, 2007 How long will it be before I will be able to write: "The Federal Reserve lowered its lending rate to 4% in response to the collapse of the U.S. housing market and massive numbers of foreclosures that threaten the banking and mortgage sectors."
November 28, 2007 FED VICE CHAIRMAN DONALD KOHN
"Should the elevated turbulence persist, it would increase the possibility of further tightening in financial conditions for households and businesses," he said.

"Uncertainties about the economic outlook are unusually high right now," he said. "These uncertainties require flexible and pragmatic policymaking -- nimble is the adjective I used a few weeks ago."
http://www.reuters.com/

December 11, 2007 Somehow the Fed misses the obvious.
fed_rate_moves_425_small.gif
[Image from: CNNMoney.com]
December 13, 2007 [from The Christian Science Monitor]
"The odds of a recession are now above 50 percent," says Mark Zandi, chief economist at Moody's Economy.com. "We are right on the edge of a recession in part because of the Fed's reluctance to reduce interest rates more aggressively." [see my comments of September 11]
January 7, 2008 The real problem now is that consumers can't rescue the economy and manufacturing, which is already weakening, will continue to weaken. We've gutted the forces that could avoid a downturn. The question is not whether there will be a recession, but can it be dampened sufficiently so that it is very short.
January 11, 2008 This is death by a thousand cuts.
January 13, 2008 [N.Y. Times]
“The question is not whether we will have a recession, but how deep and prolonged it will be,” said David Rosenberg, the chief North American economist at Merrill Lynch. “Even if the Fed’s moves are going to work, it will not show up until the later part of 2008 or 2009.
January 17, 2008 A few days ago, Anna Schwartz, nonagenarian economist, implicated the Federal Reserve as the cause of the present lending crisis [from the Telegraph - UK]:
The high priestess of US monetarism - a revered figure at the Fed - says the central bank is itself the chief cause of the credit bubble, and now seems stunned as the consequences of its own actions engulf the financial system. "The new group at the Fed is not equal to the problem that faces it," she says, daring to utter a thought that fellow critics mostly utter sotto voce.
January 22, 2008 The cut has become infected and a limb is in danger. Ben Bernanke is panicking and the Fed has its emergency triage team cutting rates... this time by 3/4%. ...

What should the Federal Reserve do now? Step back... and don't be so anxious to raise rates at the first sign of economic improvement.
Individuals and businesses need stability in their financial cost structures so that they can plan effectively and keep their ships afloat. Wildly fluctuating rates... regardless of what the absolute levels are... create problems. Either too much spending or too much fear. It's just not that difficult to comprehend. Why has it been so difficult for the Fed?

About Me

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Michigan, United States
Air Force (SAC) captain 1968-72. Retired after 35 years of business and logistical planning, including running a small business. Two sons with advanced degrees; one with a business and pre-law degree. Beautiful wife who has put up with me for 4 decades. Education: B.A. (Sociology major; minors in philosopy, English literature, and German) M.S. Operations Management (like a mixture of an MBA with logistical planning)