Saturday, September 5, 2015

Cab Thoughts 9/5/15


You, sir, will certainly either die upon the gallows or of a social disease.--4th Earl of Sandwich
That depends, sir, upon whether I embrace your principles or your mistress.--Samuel Foote


Nevada's Lake Mead is far below capacity, down more than 60 percent.  But the tourism is up dramatically because the lakes recession has revealed old sites. The ruins of the Old West town of St. Thomas, an old and lawless Mormon town, has been completely uncovered. And the body of an old crashed B-29 Superfortress is now visible and can be readily dived on. It is believed the El Nino storms expected this year will raise the water and cover the sites again.
Lewinski is... "like this walking ghoul....like something out of “Wuthering Heights” or “Great Expectations”–some Victorian novel, where a woman turns into this mourning widow who mopes on and on over a man who abused or abandoned her. Hillary has a lot to answer for, because she took an antagonistic and demeaning position toward her husband’s accusers. So it’s hard for me to understand how the generation of Lena Dunham would or could tolerate the actual facts of Hillary’s history."--the dreaded Camille Paglia in "Salon"

The WSJ says Russian officials are "showing more openness to discussing alternatives to Mr. Assad as his regime loses territory." But the Russians did recently put their own troops on the ground in Assad's defense.

Profit and loss are more than incentives, they are corrective mechanisms. Under socialism, there is a single owner who uses no economic motives to move away from some lines of production and toward others. Nobody is able to say, with any shred of certainty, that a particular tool or machine or factory could be used to produce something else in a more effective way. Nobody knows what to produce or how much to produce. It’s economic chaos. Imagine if Halliburton got a government contract to build or supply something without a competitive bid; people would be outraged. Yet that is the basis for every socialistic government controlled exchange. Then comes the inevitable unrest. And the government response. And then the bleeding.

Who is....Sir Douglas Bader?
Congressional Budget Office estimates that Freddie and Fannie May mortgage activities (on the books in 2009 as a result of transactions in that year and the several years prior) cost federal taxpayers about $300 billion. The Troubled Asset Relief Program of 2008 was a $700 billion federal program and most went--not to "stimulus programs"--but to underwriting those bad debts. Taxpayers had to support the insurer AIG with $180 billion when no one else in the world wanted to. Billions more were spent bailing out Bear Stearns and other financial institutions.

The late Manute Bol has a fifteen year old son. He is 6'11". Manute Bol, a Sudanese, was officially measured at 7 feet, 6 ¾ inches tall. He died of Stevens–Johnson syndrome, usually a diffuse reaction to commonly used medicines--particularly sulfa.

Godel's incompleteness theorem states any logical system strong enough to model basic arithmetic, must either be inconsistent or incomplete. These means that if arithmetic is consistent, then it must also be incomplete, which means that there would be facts about the natural numbers that are un-provable. This implies that any formal system containing mathematics as a subtheory must therefore also be inconsistent or incomplete. It destroyed the hope of proving classical mathematics consistent using only methods from classical mathematics. That would mean that there exist facts about these models that are true but un-provable. Now if our models are accurate models of reality and the conditions of the theorems apply, some reason that this might translate as: there are some phenomena in reality that may never be explained. There are facts about reality that are unknowable.
Two interesting words from Hebrew: Leviathan: noun: Something large and powerful. ety: unbelievably via Latin from Hebrew liwyathan (whale). Earliest documented use: 1382. And Behemoth: noun: 1. A huge or monstrous creature. 2. Something large and powerful, as an organization. From Hebrew behemoth, plural of behemah (beast). Earliest documented use: 1382. Behemoth is a huge beast mentioned in the Book of Job


In recent testimony before Congress, Peter J. Wallison, member of the Financial Crisis Inquiry Commission, attributes much of the slowness in the economic recovery to Dodd-Frank. He says the regulations written to limit the impact of bank mistakes on the economy served only to limit small bank access to credit and thus impaired small business access. This inhibited growth as small business is the usual source, especially out of a recession. Dodd-Frank's 27,669 rules are five times more than any other law and more than the total number of new regulations for all other laws passed during the Obama administration put together so how could anyone really know?



Golden oldie:

From Jim Grant: "The modern financial animal is wont to assume that he or she lives in an age of science. Just peruse the economic research that the great central banks produce. Even the titles of the papers are incomprehensible. Surely, the wit of man and woman has conquered the mysteries of money.
So much for appearances. The truth is we live in an age of pseudoscience. The central banks' forecasting models have failed to predict the future. Quantitative easing and zero per cent interest rates - policy centerpieces of the post-2008 era - have failed to restore what we used to call prosperity.
Far from dealing in science, central bankers, and, to a degree, investment bankers and security analysts, employ magical thinking. What they have conquered is skepticism."

Dr. Jen Welter, a collegiate rugby player is to become the first women to hold a coaching position in NFL history. She will be a  “training camp/preseason intern coaching inside linebackers.” She holds a master’s degree in sport psychology and a PhD in psychology, was the first female to play a non-kicking position in a men’s pro football league when she played running backs and special teams for the Revolution in 2014. She also won two gold medals playing for Team USA in the International Federation of American Football Women’s World Championship in 2010 and 2013.

Greek update: The Athens Medical Association (ISA) warned about major shortages in medical staff over the next years, since an increasing number of Greek doctors, especially those working in highly specialized fields, and nurses are looking for jobs abroad and leaving the country. According to the association’s figures, more than 7,500 doctors have migrated to other countries since 2010. It was reported that in the first six months of 2015, ISA issued 790 certificates of competence, an official document required for medical sector employees who wish to work abroad. However, the report also noted that up until 2009, on average, 550 doctor were taking jobs abroad each year.

"I Am Cait" topped Sunday cable rating with 2.7 million total viewers keeping up with Keeping Up With the Kardashians'  most recent season premiere, a vast drop from the 17 million people who watched the former Olympic champion come out as a transgender woman in an April TV interview.
Influenced by Richard Wagner, Elizabeth Nietzsche, the sister of the famous philosopher, selected an entire community of people based on their blonde hair and blue eyes and shipped them off to an isolated village in Paraguay in order to plant the seed of a new race of supermen. The village was called Nueva Germania. While the experiment did not go well, the village still exists. There are still a few blond-haired children running around but, after generations of intermarriage, many of the town’s 4,300 residents have German surnames but are indiscernible from other Paraguayans.
"Crashed slow-rolling near ground. Bad show."--This is the log entry of a pilot in the British air force noting his crash. His name was Sir Douglas Bader and he lost both his legs in the crash. Amazingly, the Brits let him back in the air force when the war broke out. In the Battle of Britain he shot down twenty-six (26!) Luftwaffe aircraft in a little over a year. During one fight, he ran out of ammunition, and so sliced off a German bomber's tailfin with his propeller. His exploits are remarkable. (He escaped from a prison camp.) His name and history popped up on a Quora search for "Badass"--along with Inés Ramirez who did her own Caesarian section with a kitchen knife.
The popular idea that Christopher Columbus discovered the earth was round and that his voyage was opposed by the Church is a modern myth created in 1828 by Washington Irving. In the sixth century B.C., Pythagoras — and later Aristotle and Euclid — wrote about the Earth as a sphere. Ptolemy wrote “Geography” at the height of the Roman Empire, 1,300 years before Columbus sailed, and considered the idea of a round planet as fact. Columbus owned a copy of "Geography." When Thomas Aquinas wanted to choose an objective fact that is not able to be disputed early in his Summa Theologica, he chose the fact that the earth is round as his example.  The popular Fourteenth Century English book of travelers' tales, The Tales of Sir John Mandeville, tells of a man who travelled so far east that he returned to his homeland from the west. The novelist Washington Irving was commissioned to write a biography of Columbus, with the brief that he depict Columbus as a radical thinker who turned his back on the superstitions of the old world. He found that the voyage was actually at risk because Columbus thought the world much smaller a globe than he thought so he invented the idea that the Medieval Church taught the earth was flat and created this persistent myth when his book became a best-seller.


Hospice use has been growing fast as more people choose to avoid futile, often painful medical treatments in favor of palliative care.

Ferguson, Missouri’s newly appointed municipal judge announced sweeping changes to the city’s court system on Monday, including the withdrawal of every arrest warrant issued in Ferguson prior to December 31, 2014. Huh?
Liberty vs. Hardwire Dept: Johnny Depp's daughter, Lily-Rose Depp, a 16 year old child, has publicly identified herself as not straight. She is the older of two children Johnny Depp had with longtime partner Vanessa Paradis. Depp and Paradis split after 14 years together in June 2012; he has since married actress Amber Heard who, herself, does not identify as 100 percent straight. In a study released last week, nearly one-third of Americans under 30 chose to identify themselves as something other than "completely heterosexual."


AAAAaaaannnnnndddddd .....a chart, purporting to group people on a generational basis:
Table 1: The Generations—Years, Events, and Characteristics

Label

Year

Events and Leaders

Characteristics

Traditionalist1900–1942Great depression, WWII, Korean war
Roosevelt, Patton
Sacrifice for family/country, delayed gratification, respect for law and order.
Baby Boomer1943–1960TV, civil rights, Vietnam War, Space Race, computer.
Gandhi, Martin Luther King
Reject authority, individualism, competitive, consumer, work placed ahead of family.
Generation X1961–1980Single parents, AIDS, Gulf War, VCR, ATM, Exxon Valdez, cell phones, cable.
Limited heroes.
Independent, skeptical, questioning, cynical. Seek a life balance.
Millennial, Generation Y1981–1999Doting parents, Columbine shooting, 9/11, Princess Diana, iPod, smartphones.
Celebrities, athletes
Racial and ethnic diversity. Need structure. Believe they are special. Work in teams. Technology savvy.

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