Saturday, June 9, 2012

Cab Thoughts 6/9/12

While addressing a crowd at a New York fundraiser, Obama said, we are "not going back to a set of policies that say you're on your own.  And that's essentially the theory of the other side.  George Romney -- wrong guy. Governor Romney."  George Romney? What is Obama doing? He has always had the benefit of the doubt, always been given leeway--57 states and the like. But not knowing the name of your opponent? Is it possible this guy is just a ditz? And what about this? "The private sector is doing fine. Where we're seeing weaknesses in our economy have to do with state and local government." We need to hire more government workers? Is there anyone that believes this aside from him? Does this "private sector" mean anyone who owns a going business but excludes workers?

BMW is building car capacity like crazy in China but research shows they may be building out the wrong capacity. They are building plants for small and efficient cars but recent trends show the Chinese are buying more and more SUVs.
China is becoming more American every day.

Santonio Holmes had a meltdown at practice. Ochocinco is cut. Owens has not been even worked out in a year. These talented guys are simply not worth their distractions. But interior linemen don't act like this.

The Walker recall vote in Wisconsin is quite an event that became a non-story. It is hard to understand why. The enormous and expensive effort by the unions to overturn a legitimate elected official whom they disliked because of policy should in itself be newsworthy. Recall elections are not made for that; they are not redo elections when you don't like the results of the first. And the point of contention was important: Walker was attacking the union revenue source, a sweetheart insurance deal, that benefited them but to the detriment of the taxpayer. They lost overwhelmingly. Almost 58%. But the polls were interesting too. They all showed Obama as a popular guy; the majority of people, who had just clobbered the union position, still favored Obama in the upcoming election. Again, "Nothing to see. Move on, please."

Golden Oldie: http://steeleydock.blogspot.com/2010/10/westboro-baptist-church-and-retirement.html

“Together, there is the potential for both public and private market creditors to effect a change in how credit is funded and dispersed – our global monetary system. What that will look like is conjectural, but it is likely to be more hard money as opposed to fiat-based, or if still fiat-centric, less oriented to a dollar-based reserve currency. In either case, the transition is likely to be disruptive and an ill omen for seafaring investors.”  Ron Paul? Ron Hera? Frank Holmes? Jamie Lannister? No, Bill Gross of PIMCO. PIMCO! Talking about the rise of gold and the decline of currency! Mother of God.

Libyan-born al Qaeda operative Abu Yahya al-Libi was killed by a drone strike in Pakistan. He was high in the organization and was an expert in bomb-making. These bombs were triggered from afar and blew up strangers, often at random. His brother, commenting upon his "death by drone," said this drone method of murder was "inhumane."
This venture into homicidal etiquette is a slippery one. But somehow anyone in politics seems to be able to take an almost medieval myopia.  

An interesting book, "On Killing" by David Grossman, has some remarkable observations on the average infantryman over the gunpowder era. Marshall did a number of studies trying to explain the low rate of kills by riflemen in the second war. The results were consistently the same: only 15 to 20 percent of the American riflemen in combat during World War II would fire at the enemy. ... The question is why. ... [The answer] is the simple and demonstrable fact that there is within most men an intense resistance to killing their fellow man. A resistance so strong that, in many circumstances, soldiers on the battlefield will die before they can overcome it " This exists across cultures and times. The Japanese were equally cautious; the Napoleonic infantryman as well. Studies on the guys who would vs. would not shoot to kill would be interesting.

"We never blame ourselves for our mistakes, we blame those who profit from them." This is from Simon at Politico, talking about Bill Clinton's strange public conflicts with the Obama campaign. He believes his animosity to Obama stems from Clinton's own error in advising his wife to fight over the South Carolina primary that Obama would win hugely, mainly on the vote of Black Democrats (80%). This huge confrontation loss--and Bill's gigantic miscalculation--led to legitimizing Obama among professionals, like the Kennedys and Napolitano, who then endorsed Obama and the super-delegates who felt an obligation to vote for a confirmed black guy.

Incidentally, should Obama lose, Hillary would have to run against an incumbent in 2016, a harder race, so Bill Clinton's hostility to Obama works against her. This is all very interesting stuff.

Johnson promises to be a disruptive force in the election. The PPP poll (www.publicpolicypolling.com) of Arizona had the race 50-43 Romney, without Johnson, but 45-41-9 Romney, with Johnson. A 7-point lead for Romney shrank to 4 points, with Johnson taking about 2 votes from Romney for every vote he claims from Obama's totals.  Older polling showed Johnson impacting similarly Virginia. This could be very bad for Romney. Johnson is not a crank; he has been a successful governor. One could make an argument that he is more experienced than either of the other two and more successful. And Ron Paul has laid the groundwork for this as a national position.

This is the Intrade "bets" on Obama's reelection. It's amazing people will do this. The Right is excited about the drop but it is still over 53% in Obama's favor.
http://therightnewz.com/wp-content/uploads/2012/06/ca35.png
Obama finds the allegations that the White house leaked the classified stories on the war against al Qaeda "offensive." But the NYT attributed its info to " three dozen" of the President’s "current and former advisers".  Anyway, is this any worse than the NYT telling al Qaeda how the U.S. was tracking then a few years ago? There seems to be some philosophical overlap there.

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