Saturday, July 14, 2012

Cab Thoughts 7/14/12

Is the argument going to be made that Penn State Football is too big to fail?

Last month Geo. Washington's annotated copy of the Constitution and Bill of Rights sold at Christie's for over 9.8 million dollars.

A lot of the Democrats are suggesting subtly that Romney may be a felon. If that's the case, can't they just pardon him like they did Marc Rich?

If the Sandusky events at Penn State are not enough to shut the football program down, what would be required?

Tim Weiner has written a book called Legacy of Ashes: The History of the CIA. The description of Wm. Donovan, a.k.a. Wild Bill, is surprising. He had a reputation of being tough, unpredictable and romantic; this makes him sound like a ditz. An in house investigation from the White House revealed not one project of the OSS revealed anything of substance, they were constantly infiltrated by foreign agents, and it seemed as if the bizarre was seen as the prerequisite for innovative. (One project was to attack Japan with bomb-carrying bats.) More evidence of your government at play.

The U.S. budget deficit for the first 9 months of this budget year is 904.2 billion dollars. It is on track to be the fourth deficit in a row to exceed one trillion dollars. Is that OK?

So there will be 1 billion more consumers competing for all goods in the next few years. Will that drive prices like energy up so that the more modern and inefficient energy sources will become competitive? Or will it demand the increased use of cheaper sources on the elite index like coal?
According to a recent McKinsey study, "Resource Revolution: Meeting the world's energy, materials, food, and water needs," the planet supports 1.8 billion middle class consumers. Over the next 20 years that number will increase to 4.8 billion, a gain of almost 270%. This means competition for land, water, fuel, and mineral resources. Decreasing our use of available resources like coal is so unreasonable it may be pathological.


Two guys named Tayannah Lee McQuillar and Fred L. Johnson III, PhD have written a book on Tupac Shakur. Merit may not be involved here but pathos is. This poor child had the upbringing of disliked stray animal. His mother abandoned him (and his sister) to an alcoholic woman located on the other side of the country whose sole connection with her was a loose relationship with the old Black Panthers. Both the presumed responsible adults here were destitute addicts. The young Tupac existed, not lived, and grew up in a sewer of desperation and despair. And survival existence does not bring out the best in children. And not an adult within pistol shot showed the least bit of concern or responsibility. This in a nation awash in hand-wringing concern for its citizens, all sorts of heavily funded social service programs and deafening platitudes.

A new Duke study concludes brine contamination of water sources unrelated to Marcellus drilling. http://today.duke.edu/2012/07/marcellus
It will be of interest to see if this makes any of the popular newspapers. (Update. It did make the papers with the headline qualifier "So Far.")

The hated Coulter raises a very worrisome question. The current explanation on the Right of the weird Fast and Furious error is that it was created to implicate American gun suppliers as sources of the guns in the Mexican Drug wars so that public opinion could be manipulated in favor of American gun control. If that is the case then the purpose of the program was to get innocent people killed. This is a world where people take on a persona to stake out public niches but you can't fake smarts long.
Her Bio: Coulter graduated with honors from Cornell University School of Arts & Sciences, and received her J.D. from University of Michigan Law School, where she was an editor of The Michigan Law Review. Coulter clerked for the Honorable Pasco Bowman II of the United States Court of Appeals for the Eighth Circuit and was an attorney in the Department of Justice Honors Program for outstanding law school graduates.

In the Middle Ages in England, a large naval warship, known as a ship of the line and constructed almost entirely from wood, weighed over one hundred tons. The bodies of such vessels required about two thousand mature oaks, which meant at least fifty acres of forest had to be stripped. While oak supplied the timber for much of the ship, it was too inflexible and heavy for ship masts, the poles that supported the canvas sails. Instead, these required lighter and more shock-resistant softwoods, such as pines and firs. The largest masts were more than three feet wide at their base and over one hundred feet tall -- roughly one yard in height per inch in width. ..(From "American Canopy" by Eric Rutkow)
Where the Spanish saw the New World as a gold source, the Brits saw wood. The revolution in manufacturing and naval building in Britain started with Elizabeth and turned England into a net wood importer. The poor had no wood to burn and froze in the winter.
There were 950 million acres of forested land in America when the Europeans came, almost 50% of land. Now it's about 30 percent of the 2.3 billion acres of land area (745 million acres).

And the graph of the day:




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