Saturday, March 1, 2014

Cab Thoughts 3/1/14

Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.--deTocqueville


The Federal Communication Commission was created in the 1930s to regulate airwaves to assure access by the public. Now there are a zillion stations with a zillion programs and almost unlimited public access. So what does the FCC have to do? Maybe newsroom monitors. Ahhhh, an idle mind.....

Clowney is recognized as one of the best athletes to come out of college football. A defensive lineman, he is 266 pounds. Last week he ran a 4.48 second 40 yard dash at the NFL combine. That is faster than any Steeler cornerback. Maybe ever.

"Rubber” was so named in 1770 when Joseph Priestly noticed how well it erased – "rubbed" out — pencil markings. Priestly was famous for his isolation of "dephlogisticated air" (oxygen) but was hampered in his science and his reputation by his devotion to theism and determinism. He also was a champion of phlogiston. His metaphysical works were very popular and influential, especially upon Jeremy Bentham and John Stuart Mill.

A guy named Sornette is another guy with another model, this one predicting market crashes. It would be really good to know, if accurate. Until, of course, every one else knew.

Golden Oldie:

The Vikings in the 800s captured Kiev in the Ukraine. ("Russia" comes from the word "Rus" meaning "Viking.") The city of Constantinople guarded against them, thinking them barbarians. But a Viking King was converted to Christianity when he went to the Hagia Sophia, the church rebuilt by Justinian in the 500s. The Viking thought the church beautiful enough to be the proof of heaven.

J.K Rowling wrote her first mystery, The Cuckoo's Calling, under the pseudonym Robert Galbraith. Until it was revealed to be hers it sold 1000 copies. Then it sold millions. The sequel, The Silkworm, was written before the first was published. She has a seven book series planned, like Harry Potter.

Then Treasury Secretary Timothy Geithner made a threatening phone call to the head of the parent company of Standard & Poor's after S&P downgraded the U.S. credit rating in 2011. Geithner placed the call to McGraw Hill Chairman and CEO Harold McGraw III just five minutes after leaving an Oval Office meeting with President Barack Obama. This will be interesting since the Department of Justice and the esteemed Eric Holder are suing SandP over their ratings of mortgages in 2008--and only SandP although all the ratings companies rated them similarly. S&P is understandably crying retaliation. Hard to believe these guys would act like that.

Who is........Elizabeth MacKintosh?

Norway with 5 million people has won 303 Winter Olympic medals up to this year, more than any other nation. Trendelag, a small section of Norway with 8% of Norway's population has won 20% of Norway's medals and won 8 of their 9 gold medals in Vancouver.

The time line in weapon development in the U.S. from draft board to working weapon has gone from 4 years to 21 years.

Henry Stimson was U.S. Secretary of State in the 1920s and he closed down the "black chamber," the code breaking station, saying later, "Gentlemen do not read other's mail."
Cereal: n. Any grain, such as wheat, oats, barley, etc. It is a word derived from Ceres, goddess of farming and agriculture.

The history of education has been that of personal development. Modern education has emphasized job training. If the two of those objectives overlap in the real world, great. But historically, education prepared people for religious communities, not the boardroom or the factory floor.

The government has decided to downsize the military and it is having effect. The Navy has gone from 600 ships to 200, the army from 20 divisions to 10 and the average airplane is 21 years old. The Department of Defense staff, however, has doubled.

AAAAAAAaaaannnnnddddd......a graph showing a model and a reality:
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