"We are the friends of liberty everywhere but custodians only of our own."--John Adams
The octopus’s most amazing talent may be its ability to camouflage itself. It can replicate complicated patterns (even a chessboard) by means of millions of chromatophores in its skin, triggered by sensory organs in its tentacles that determine the surface and even the texture of the terrain it seeks to mimic. A single octopus on a Pacific coral reef was seen to change 177 times in a single hour. This skill is not instinctive but learned.
The China project seems to be to try to turn the old communist system into a consumer economy by declaring everyone solvent. But maybe you can’t magically turn into a consumer-based economy by creating bubbles first in property and then in stocks, and hope people’s profits in both will make them spend. Because the whole endeavor was based from the get-go on huge increases in debt, the just as predictable outcome is, and will be even much more, that people count their losses and spend much less in the local economy. Don't the Chinese read the NYT? That's what the Americans did last decade.
The greatest single loss of life in the history of the British army occurred during the Battle of Somme, when the British suffered 60,000 casualties in one day. More British men were killed in that one WWI battle than the U.S. lost from all of its armed forces and the National Guard combined.
Who is...Proteus?
Success Academy is a New York City charter school system of 34 schools. Its students reside in New York’s most difficult neighborhoods and are chosen at random from near unanimity of inner-city parents who enter the lotteries for their children’s admission to charter schools. Yet the schools, collectively, rank #11 out of 3,560 in math and #90 out of 3,560 in English. The numbers are a bit scary if you look at what the Success Academy is being compared to. 93 percent of Success scholars passed the math test, against 35 percent for the city as a whole and 75 percent for Scarsdale. In English, 68 percent of Success kids passed, vs. 30 percent citywide and 64 percent for Scarsdale. So which is it, a success of the charter school or an indictment of state education?
In response at his H.U.A.C. hearing to, "Are you now or have you ever been a member of the Communist Party?" Ring Lardner Jr. said, "I could answer it, but if I did, I'd hate myself in the morning."
A white paper by Stephen D. Williamson, Vice President of the St. Louis Fed, has decided that not only have trillions in asset purchases not worked when it comes to creating "healthy" inflation and boosting growth in the US, these asset purchases haven't worked anywhere they've been tried. Furthermore, he thinks the Fed will never be able to raise rates and that the more the Fed talks, the more confused the public gets about what it is the central bank intends to do.
Williamson says the theory behind QE is "not well-developed." Well, then.
Williamson says the theory behind QE is "not well-developed." Well, then.
The lumpectomies and mastectomies that as many as 60,000 American women get each year — after they are told they have a very early stage of breast cancer — may make no difference in their outcomes, researchers say.
The underlying principle of tariffs, simply another government coercion to obstruct consumers’ spending choices, is that consumers’ spending must be done first and foremost for the benefit of visible, existing domestic producers rather than for the benefit of the people who earned the money in the first place and who then choose to spend it – namely, consumers themselves.
Prior to the 12th Amendment of the Constitution in 1804, the presidential candidate who received the second highest number of electoral votes was named the vice-president. The amendment mandated that electors vote for the offices of president and vice-president separately.
Protean: adjective: 1. readily assuming different forms or characters; extremely variable. 2. changeable in shape or form, as an amoeba. Protean comes from Proteus, the name of a sea god of classical mythology who was noted for his abilty to assume different forms and to prophesy. It entered English in the late 1500s.
Thoth Technology, a Canadian company, just received a U.S. patent for a space elevator design. The idea dates to the end of the 19th century. The author Arthur C. Clarke once said the first space elevator would be built “about 50 years after everyone stops laughing.”
Invested in the S&P 500 only during Republican administrations since 1929, and excluding dividends, $10,000 would have grown to only about $12,000 — versus about $600,000 if invested only during Democratic administrations. The problem, of course, is in the subsequent generalization.
A lot of theorizing as to what is going on with Hillary. I have felt the progression of the wheels of justice regarding her, when those wheels stopped cold with the IRS scandal, was that Obama simply does not like the woman. But there is an interesting thesis that this is part of a much bigger plan to give Obama a de facto third term. It entails the idea that the novice Obama has outfoxed the Clintons; if that's true, he's no novice.
Invested in the S&P 500 only during Republican administrations since 1929, and excluding dividends, $10,000 would have grown to only about $12,000 — versus about $600,000 if invested only during Democratic administrations. The problem, of course, is in the subsequent generalization.
A lot of theorizing as to what is going on with Hillary. I have felt the progression of the wheels of justice regarding her, when those wheels stopped cold with the IRS scandal, was that Obama simply does not like the woman. But there is an interesting thesis that this is part of a much bigger plan to give Obama a de facto third term. It entails the idea that the novice Obama has outfoxed the Clintons; if that's true, he's no novice.
A guy I know, not a high level guy but in the political grass-roots movement, went to a political meeting this week with a mixture of pros and grassroots guys. The group felt, almost unanimously, that Hillary was finished.I have thought it impossible for her to recover from all her problems but now I think she will.
A federal judge’s ruling said that Mrs. Clinton did not comply with government policies in her exclusive use of a personal email account while she was secretary of state.
In lobbying the late Sen. Edward Kennedy to endorse his wife, former President Clinton angered him by belittling Obama. Telling a friend about the conversation, Kennedy recalled Clinton had said "a few years ago, this guy would have been getting us coffee." After Kennedy sided with Obama, Clinton reportedly griped, "the only reason you are endorsing him is because he's black. Let's just be clear."--Game Change by John Heilemann and Mark Halperin
On Wednesday, Jennifer Palmieri, the communications director for the Hillary Clinton campaign, appeared on Bloomberg Television's "With All Due Respect," where she told co-host John Heilemann that Clinton "didn't really think it through " when she decided to use her personal email account for State Department business.
ISIS has, according to reports, been putting mustard gas in mortar shells. People are upset. There are strict rules in ways one can murder strangers.
In lobbying the late Sen. Edward Kennedy to endorse his wife, former President Clinton angered him by belittling Obama. Telling a friend about the conversation, Kennedy recalled Clinton had said "a few years ago, this guy would have been getting us coffee." After Kennedy sided with Obama, Clinton reportedly griped, "the only reason you are endorsing him is because he's black. Let's just be clear."--Game Change by John Heilemann and Mark Halperin
Golden oldie:
By 1800, party politics had so distanced Jefferson and Adams--two close friends-- that, for the first and last time in U.S. history, a president found himself running against his vice president. Things got ugly. Jefferson's camp accused President Adams of having a "hideous hermaphroditical character, which has neither the force and firmness of a man, nor the gentleness and sensibility of a woman."
In return, Adams' men called Vice President Jefferson "a mean-spirited, low-lived fellow, the son of a half-breed Indian squaw, sired by a Virginia mulatto father."
The Creek War was part of the War of 1812 in which the United States under General Andrew Jackson defeated the "Red Sticks" militant faction of the Creek Indians who were massacring American settlers. (The other faction of Creeks were allied to the U.S.) The Red Stick Creeks were collaborating with Tecumseh, who tried to organize a pan-Indian confederation with British support. The Creeks were supplied by the Spanish in Florida, who were allied with Britain. It was triggered by the massacre at Fort Mims where three hundred family members were killed by the Creek "Red Stick" faction.
Boycott: The eponym "boycott" shows how a name can change you. Geoffrey Boycott, Yorkshire lad and England cricketer, spent years at the top of the sport frustrating bowlers by simply refusing to play any shot that might have given them the slightest chance of getting him out. Geoffrey’s tactic of boycotting risk was more than a method of staying at the crease: it seemed to stem from a psychological soup of stubbornness and pride. This wasn’t just the way he played cricket; it was the way he played life. So it was as if was he lived up to his name.
AAAaaannnnndddd .....a graph:
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