Saturday, October 13, 2012

Cab Thoughts 10/13/12

Clothes make the man. Naked people have little or no influence on society. -Mark Twain

Is the Higgs Field Phlogiston?

The single greatest outsourcing scandal in the United States is its outsourcing of petroleum production.

Lance Armstrong has been convicted by a nongovernmental agency, an agency funded by public and private money, who had the cooperation of the FBI and the Justice Department, where there are no oaths or subpena power and the accused cannot confront his accusers or challenge evidence. These protections are given drug dealers and child molesters, but the USADA is above all that. Wikipedia defines a Kangaroo Court as "a mock court in which the principles of law and justice are disregarded or perverted".

Re: sub-prime mortgages. ACORN had been given a compelling incentive, as The Community Reinvestment Act (CRA) allowed the organizations to collect a fee from the banks for their services in marketing the loans. The Senate Banking Committee had estimated that, as a result of CRA, $9.5 billion had gone to pay for services and salaries of the organizers.
 
The recent announcement that the White House was not aware of the request to bolster State Department security in Libya looks like a direct or indirect shift of the blame to Hilary. If I were she, I would go nuts.

There is a voting affliction among us, the affliction that demands a yes or no answer. Why are we unable to look at large social questions and say "We don't know the answer. We don't know the implications to that suggested change. We want to wait." Why is that seen as a "No" rather than what it is?
Brandon Moss hit .228/.295/.373 with 13 homers in 195 games for the Pirates from 2008 to 2010. He only played five games in the majors for the Phillies last year. He hit .291/.358/.596 with 21 homers in 84 games for Oakland this year. McClouth is starting for Baltimore in the playoffs. And of course there is LaRoach and Ludwick. As they say in investing: "When you are very early, you are still wrong."

A persistent worry about Obama's performance in the debate: So many of the programs he supports depends on literal change, upon things and circumstances that actually do not exist. Is it possible this guy can not think in the present?

The more I think about Obama's Stafford Act Speech (http://steeleydock.blogspot.com/2012/10/obama-as-higgs-particle.html) the madder I get. The more i think about it, the more embarrassed I get. I think I must have actually expected more of him, as if he were something other than a typical insincere, egotistical, mendacious political hack.
 
Political debates, even religious debates, usually involve positions of merit on both sides. But the murder of the 14 year old Pakistani girl because of her opposition to the Taliban position on education is a prima fascie argument ender. These people have given up their right to an open-minded discussion.
 
It is hard to imagine a political party doing a good job of running the country when their basic premise is that the country doesn't need run.

The Chinese do a lot of business development top-down through their banks. When the government decides to expand something like solar production, they do so by allowing the State owned banks to invest in the industry. The local branch of the State owned bank gets together with local city planners and the city guarantees the loans needed to expand. This makes local politicians look good because better jobs are created in their cities. Now that 2/3rds of the solar factories will go broke the politicians and local government officials want to cover everything up. So they cook the books when reporting to Beijing the results of their operation. This is why China sits on the edge of the financial knife. They are OK if the industries they have backed are winners but....

The Task Force determining the value of testing and therapy for the Affordable Care Act so far seems to base its decisions on waiting to see who gets sicker. Like waiting for the fever to break or not. Appointing Rex Morgan M.D. to chair the Task Force would be appropriate in so many ways.
 
Golden oldie: http://steeleydock.blogspot.com/2009/09/love-is-like-oxygen.html

While Electric Vehicles (EV) have about a 23% lower total life cycle CO2 emissions, emissions from EV manufacturing are over twice the emissions for Internal Combustion Engine (ICE) manufacturing. In essence EVs just change the site of pollution away from the road. Like having a peeing section in a swimming pool.

Has anyone ever walked on to the Baseball Playoff stage with more of a surprising impact than Ibanez did on Wednesday?





AAAnnnnndddd a graph:
Chart of the Day

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