“People say the reason Obama wouldn’t call Clinton is because he
doesn’t like him,” observes Tanden. “The truth is, Obama doesn’t call
anyone, and he’s not close to almost anyone. It's stunning that he's in
politics, because he really doesn't like people. My analogy is that
it’s like becoming Bill Gates without liking computers.”--former white
House staffer Neera Tandem (who served as senior advisor for health
reform at the Department of Health and Human Services, advising
Secretary Kathleen Sebelius and working on President Barack Obama’s
health reform team in the White House to pass the bill) on Obama's not
asking Clinton for advice.
Alpha
Centauri is the nearest star system to our sun; it is 4.3 light-years
away. It would take the Space Shuttle about 165,000 years to reach Alpha
Centauri--not including the fuel problem (the more fuel you carry, the
more fuel you need to carry it.)
Dinosaur plumage????
The
Left is in favor of government spending and the jobs it
creates--execpt for the spending and jobs that result from military
spending. The Right always thinks that federal spending is inferior to
private spending--except for military spending.
It appears, contrary to my expectations, that the Libertarian Johnson is going to be a non-factor in the election.
America
continues to be different. The world view of the election is striking.
By a margin of 50-9 percent, Obama is favored in the poll of 21,797
respondents in 21 countries around the world. Obama polls highest in
France; only in Pakistan(!) does Romney out-poll Obama. Most, with good
taste presumably, refused to answer, it appears, but still this is
further evidence of American Exceptional-ism.
Another
Republican moron with moronic opinions about pregnancy. When are these
people going to learn that only morons care about this? Or at least give
the moron who thinks that the island of Guam is going to tip over
because of a new marine unit's arrival equal time.
$76 Billion have been paid in lawyer fees for mortgage suits against the big banks since 2008.
There
are good stats that show that GDP grows inversely to government size.
That makes sense because with government growth is subsidized from taxes
from the private sector. That removes money from consumption and
investment.
Every once in a
while these people step over the line. Here is one such instance: (From
The Hill) United Nations-affiliated election monitors from Europe and
central Asia will be at polling places around the U.S. looking for voter
suppression activities by conservative groups. This sounds like
something from The Onion. What is next, giving Serbian and North Korean
monitors police power?
Golden Oldie:
http://steeleydock.blogspot.com/2010/09/cafeteria-of-vulgarity.htmlAmtrak has lost over $850 million in the last ten years
on their snack bars.
8
in 10 Americans under the age of 30 have read a book in the past year
compared to about 7 in 10 adults, in general. The average Irish adult
reads 60 books a year.
Clint
Eastwood has brought in all of his movies ahead of schedule and under
budget. His working relationship with Warner Brothers is the longest
director-producer relationship in the history of Hollywood.
I thought Eastwood's "empty chair" image at the convention was evidence he was failing. Now he looks like a genius.
In
2010, one out of five Americans (21.6%) age 25 to 34 reported living in
a multigenerational household, the majority with their parents. That
was up from 15.8% in 2000 and a low of 11% in 1980, according to the Pew
Research Center. Some of this was from financial necessity but
historically the family was always a geographic unit.
In
France the government has proposed legislation that would determine
home energy bills dependent on
age, income, climate and conservation efforts. The law could impose a
penalty of
as much as 600 euros a year for energy-inefficient households. Hard to
believe? The consumer hated seat belts and catalytic converters, but
they got
them anyway because law is more powerful than choice.
One
of the widely circulated untruths about Marcellus (encouraged even now
by the NYT) is that there is no real volume of gas in the find, that it
is a "Ponzi scheme." A recent ITG Investment Research estimates that the
Marcellus contains 330 trillion cubic feet of gas, or more than twice
the 141 trillion cubic feet estimated by the Energy Information
Administration. That's about fifty years worth. So not only is it there,
it is twice as big as the government thought.
The
coarse, uninformative and combative debates are an embarrassment to the
nation. Nothing, of course, embarrasses a politician.
The
QE has resulted in a rise in commodity and stock prices. "Wages did not
immediately respond to commodity price changes; therefore, there was an
approximate 3% decline in real average hourly earnings in both
instances. It is true that stock prices also rose along with commodity
prices (S&P plus 36% and 24%, respectively, in QE1 and QE2).
However, median households hold a small portion of equities, and thus
received minimal wealth benefit.” (Lacy Hunt) So the geniuses who
massage and tweak our world have created exactly the opposite of their
intended effect: The QE was supposed to create a wealth effect, instill
confidence and encourage risk taking, it has done the opposite.
The
evil rich continue to be a core campaign concept for Democrats. Yet
they ran John Kerry the last election with no discernible shame. Of
course Kerry earned his money the old fashioned way: he married it.
40% of US corn and 14% of our soybean production is now consumed to
make bio-fuels. We are burning food for fuel, distorting the food
market, causing run-off damage all because we refuse to use the
abundant oil and gas sources we have. There is no sensible--or
legal--explanation for such a distortion.
I
again was treated to the routine TSA outrages this week, the single
greatest public relations disaster in history. Every day thousands upon
thousands of travelers stand in line and curse militant Islam. I also
got to curse the upper 1%. In every line there was a second, faster line
of first class, military and other special people. Obama probably
doesn't know of this injustice.
At
least $813 million went to energy companies that eventually filed for
bankruptcy, including A123, Solyndra, Beacon, Abound Solar and EnerDel.
This should not be seen as Obama's failure. These people always
do this. These are coffee house thinkers sitting around spending other
people's money. Failure never deters the arrogant or the righteous. Here
is a summary of large, failed directed federal programs aimed at energy
solutions (from Peterson at Seeking Alpha):
- The Nixon and Ford Administrations' support for synthetic fuels from coal
and oil shale;
- The Carter Administration's support for synthetic fuels, nuclear fusion,
ethanol and fuel efficiency;
- The Clinton Administration's "Partnership for a New Generation of Vehicles"
that failed miserably while private initiatives from Toyota and Honda were
remarkably successful;
- The Bush Administration's unflagging support for fuel cells, the hydrogen
economy and corn ethanol; and
- The Obama Administration's support for alternative energy and electric
vehicles.
These are huge programs with
huge intent and their effects have gigantic reverberations throughout
the economy. Money diverted, emphasis diverted, focus diverted. We are still burning food for fuel! And they will not stop. They will not say they are out of their depth. They simply take your money and reload.
6
new-gas fired power plants represent billions of dollars of new
investment, thousands of construction jobs, and thousands of megawatts
of new,
efficient, much cleaner generation are proposed in counties like
Lawrence, Bradford, and Westmoreland. Their completion depends upon
price of gas and coal, whether coal plants are forced closed, environmental struggles etc.. Coal has actually made a comeback, now
generating 39% of electricity, up from 32%. Why? Gas is up 95%.
AAAAAaannnnnddddd.......a chart this time:
Vehicle |
2011 |
Market |
2012 |
Market |
Class |
Units |
Share |
Units |
Share |
Battery Electric Vehicles |
7,287 |
0.08% |
6,358 |
0.06% |
Plug-in Hybrids |
3,895 |
0.04% |
24,082 |
0.22% |
Hybrid Electric Vehicles |
191,541 |
2.02% |
322,516 |
2.97% |
Internal Combustion |
9,282,889 |
97.86% |
10,510,120 |
96.75% |