
Thursday, August 30, 2007
Meat that Can't be Beat

What We Tolerate We Teach
Now Hillary is caught in a very similar act that is so obvious that the staff must believe they wear an invisible cloak.
If a candidate can not obey the law during a campaign why would we expect them to do so when they occupy the highest office?
From Opinion Journal- 8/31/07
"All of this is very reminiscent of the 1996 Clinton fundraising scandal. A total of 120 witnesses either fled the country, pleaded the Fifth Amendment or otherwise were unavailable for questioning. In the end, a total of 14 people were found guilty on various charges relating to the scandal. No wonder the Hillary Clinton campaign wants to change the subject away from Mr. Hsu."
Wednesday, August 29, 2007
A Slow Blog Day
Lithuania has the highest suicide rate.
Hitler was not a vegetarian, but he was plagued with chronic flatulence. He received a serum derived from pulverized bull testicles. A real party animal.
Panama hats come from Ecuador.
The last three are from The Book of General Ignorance by John Lloyd and John Mitchinson
Monday, August 27, 2007
The Biggest Killer Will Be .......
a) Tuberculosis
b) AIDS
c) Malaria
d) Tobacco
e) Murder
Puttin on the Ritz

Harmless as an Enemy, Treacherous as a Friend

Mark Steyn: They wait for us to run again
in part
as Iran reminds us, the enduring legacy of the retreat from Vietnam was the emboldening of other enemies. The forces loosed in the Middle East bedevil to this day, in Iran, and in Lebanon, which Syria invaded shortly after the fall of Saigon and after its dictator had sneeringly told Henry Kissinger, "You've betrayed Vietnam. Someday you're going to sell out Taiwan. And we're going to be around when you get tired of Israel."
But if you lived in Damascus and Moscow and Havana, the Vietnam war was about America: American credibility, American purpose, American will. For our enemies today, it still is. Osama bin Laden made a bet – that, notwithstanding the T-shirt slogan, "These Colors Do Run": They ran from Vietnam, and they ran from the helicopters in the desert, and from Lebanon and Somalia – and they will run from Iraq and Afghanistan, because that is the nature of a soft, plump ersatz-superpower that coils up in the fetal position if you prick its toe. Even Republicans like Sen. John Warner seem peculiarly anxious to confirm the bin Laden characterization.
Looking Beyond the Past Failures

SENATOR WARNER'S BAD WITHDRAWAL SYMPTOMS
I've been sitting down with Iraqis, too - including former enemies. They don't want us to leave. They finally cracked the code. They need us. And although they've got a range of their own goals (not all of them tending toward Jeffersonian democracy), they're unified in their hatred of al Qaeda.
Yesterday I listened as an American officer sought to restrain Iraqi security forces from attacking one of al Qaeda's last strongholds prematurely - the local rage toward al Qaeda goes deeper than any column could communicate.
If our former enemies are willing to kill our enduring enemies, why abandon them?
And it isn't just about al Qaeda, either. This conflict's now about keeping Iran from achieving hegemony over the Persian Gulf and its oil reserves - and preventing Tehran's extremist policy from tearing the Middle East apart. The Maliki government sucks, but, brother, it's still better than an Iranian proxy in Baghdad would be for our security.
Sen. Warner cares about our country and our troops. But the security of our country and the progress of our troops would both be compromised fatefully were we to announce that we're pulling out of Iraq.
Wednesday, August 22, 2007
Flight of the Conchords

Who Reads More?

One in four Americans read no books at all. I wonder how many of them are liberal and conservative?
Inernet reading apparently is excluded. I read about 30 books a year but probably the equivalent of another 5 on the internet.
Schroder of course pontificated that this worthless poll meant that conservatives are closed minded and get their information from bumper stickers.
What I would surmise is that people are really too diverse to split into just two categories.
Better Reality
I watched Glenn Beck. He mentioned a blind woman got a hole in one (on the golf course in case you needed that clarification). She even learned the game while blind. There is just nothing one needs to add to that.
He also mentioned a man counted from one to a million on a typewriter. If that was not a big enough waste of time he took 16 years to do it again this time spelling the numbers out instead of just typing the numerical symbols.
If I had known television had this much interesting information I would watch it more. It is so much better than hearing about Linsey Lohan and Paris Hilton driving drunk.
The Science of Denial
really.... is this what scientific discourse has become? Was Galileo not a denier because he said the sun did not revolve around the sun?
check out Blond Sagacity- The Dangers of the Dangers of Global Warming. http://mobyrebuttal.blogspot.com/
The Biggest Killer
a) Tuberculosis
b) AIDS
c) Malaria
d) Tobacco
e) Murder
ponder this - I will have the answer in a week.
A Brief History of False Teeth

Earwig Penises

Subprime Math
About half of these are in 5 states: CA, FL NEV, AZ and GA-
13% of the mortagage market is subprime.
14% of them are in delinquincy- meaning more than 30 days past due.
5% of the subprime are in foreclosure.
As a percent of the total (14% x 13%) 1.87 % are delinquent. Still high by national standards.
As a percent of the total (5% x 13%) .65% are in foreclosure.
Historically bad for the industry and especially for those concentated in one of those five states- but it doesn't seem so devastating for the country as a whole. Is it worth 1,000 points on the dow?
Beats me, but it is fun to watch. Markets tend to run to extremes.
Controlling Gun Control
Surfing for Peace

A Sub Prime Loan Can Be Better than a Prime

Sunday, August 19, 2007
How Is This War Different?
The Burdens of General Petraeus
No simple mission.
By Victor Davis Hanson
a few excerpts
But so far, no recent military has succeeded in defeating a radical Muslim terrorist insurgency, while subject to a constitutional government and an absolutely free media. In this regard, the United States — given its position as the world’s only superpower and recognized as the most sensitive of all countries to easy criticism — is especially at a military disadvantage.
There is yet a third anomaly: We are presently fighting two simultaneous wars under a conservative Republican administration. And that too is fairly rare in the last 100 years, and far more challenging. Woodrow Wilson, Franklin Roosevelt, Harry Truman, John Kennedy, Lyndon Johnson, and Bill Clinton all at times proved bellicose, bypassed Congress if needed be, and (with the exception of LBJ) largely got a pass from the Left. World War I, Korea, and Vietnam were all controversial in their time. Apparently, the intelligentsia and media felt that no liberal Democrat could possibly have preferred war, and had only fought when forced to — despite the use of Democratic preemption in a variety of instances.
In contrast, it is hard to recall of any war in our history — the Vietnam hysteria aside — that a sitting Senate majority leader declared it lost in the middle of hostilities. We have not previously witnessed senior opposition senators alleging that their own American servicemen were analogous to Nazis, Stalinists, Cambodian mass murders, Saddam’s Baathist killers, or engaging in habitual terrorizing and killing of innocent civilians.
The result is that U.S. military officials recognize that any possible strike on the Syria border would be broadcast worldwide as carpet bombing of a wedding party or tribal reunion, while the enemy’s mass beheadings and torture will often go unreported.
My favorite example this week was a syndicated photo of a poor elderly Iraqi woman holding up two bullets with the caption: “An elderly Iraqi woman shows two bullets which she says hit her house following an early coalition forces raid in the predominantly Shiite Baghdad suburb of Sadr City.(AFP/Wissam al-Okaili)”. The only problem was all that was the bullets shown were unfired and still in their casings!
read the rest Hanson's article
Wednesday, August 15, 2007
Tolerating Intolerance

Tuesday, August 14, 2007
A Crisis is the Rallying Cry of the Tyrant
Quote of the Day I
"Unfortunately, self-righteous indignation can undermine good journalism. Last week's Newsweek cover story on global warming is a sobering reminder. It's an object lesson of how viewing the world as 'good guys vs. bad guys' can lead to a vast oversimplification of a messy story.... As we debate it, journalists should resist the temptation to portray global warming as a morality tale -- as Newsweek did -- in which anyone who questions its gravity or proposed solutions may be ridiculed as a fool, a crank or an industry stooge. Dissent is, or should be, the lifeblood of a free society" -- Newsweek columnist Robert Samuelson.
Quote of the Day II
"Some of the hysteric and extreme claims about global warming are also a symptom of pagan emptiness, of Western fear when confronted by the immense and basically uncontrollable forces of nature. Belief in a benign God who is master of the universe has a steadying psychological effect, although it is no guarantee of Utopia, no guarantee that the continuing climate and geographic changes will be benign. In the past pagans sacrificed animals and even humans in vain attempts to placate capricious and cruel gods. Today they demand a reduction in carbon dioxide emissions" -- Cardinal George Pell, Archbishop of Sydney, in a speech last year at Naples, Florida.
Saturday, August 11, 2007
Over Reaction in the Subprime Market

Friday, August 10, 2007
A Sub Prime Primer

If you had good credit you could get a mortgage loan for let’s say 7%. Let’s say you have $200,000 equity in a $300,000 home and you want a loan of $100,000. A local credit broker loans you the money thinking the house could drop in value 30% and he could still foreclose and get his money. He charges you an interest rate of perhaps 12% plus a few points closing.
The 12% yield is attractive to investors, and is ‘safely’ secured by the house. Typically a subprime borrower will borrow in this market for a few years, rebuild his credit rating to apply for a prime loan, and then pay off the sub prime loan. The loan costs therefore must be amortized over a short period, hence the higher rates and fees.
Wall Street sees the higher yields, likes what they see, buys them up from the knowledgeable local brokers and packages them in units to sell to investors, keeping some of the higher yields. In fact the fees become so lucrative that they throw lots of money at brokers to find more of these rich yields. Prudence is sacrificed, appraisals become inflated, the local touch is lost.
Bankruptcies happen, the safety spread has diminished aggravated by a soft housing market and more aggressive lending practice, and now principle disappears (along with principles). Banks and brokers that packaged these sub prime loans show record defaults, Wall Street panics.
A few lessons- what works locally does not always work nationally. What may work in small units does not always work with larger numbers. When the fees to originate loans become too lucrative there will be incentives to inflate values and make loans work that should never have been put on the books.
The local broker used to see his investors at the grocery store and in church and had an incentive to be sure the loan performed. The Wall Street whores rarely had to look their investors in the eye.
The subprime meltdown was the result of a good investment vehicle with a limited market that was destroyed by Wall Street throwing too much money at it. It wasn’t the first time.
And it won’t be the last.
Who Goes Where for Health Care
Hillary was responding to a question about her support for socialized medicine
Mrs. Clinton also declared that Western European care was "better on balance" than U.S. care and offered to provide her questioner -- a freelance writer named Kiara Ashanti -- with background information "if you're interested in being educated instead of being rhetorical." Oh, snap.
Moreover, her hosannas to Western Europe don't really hold up under scrutiny. The U.S. may rank lower in crude health outcomes like life expectancy and infant mortality, but these reflect a variety of factors (such as lifestyle choices) and measure health, not health care. More sophisticated metrics (like five-year outcomes from the point of diagnosis) consistently show American medicine offers better, more state-of-the-art care to more people.
So Hakim Mansour Wants to Support the Poor?

Hitler, Chamberlain and Bush

We often hear the comparison of Bush’s decision to invade Iraq to Chamberlain’s decision to not stop Hitler at Munich. If only Chamberlain had the foresight to have seen what would be the consequences of his appeasement (surrender on the installment plan- Churchill) he could have averted the tragedy of the holocaust and WWII.
But Chamberlain feared the results of the last war, millions killed for reasons atomized afters years of trench warfare, until both sides were exhausted. We seemed perpetually doomed to fight the last war.
But what if we compared Bush’s decision not to Chamberlain, but to Hitler’s decision to invade Russia. When France surrendered so quickly Hitler wanted to avoid interference from Russia when he invaded England. Stalin, having purged his military leaders, led Hitler to believe Russia would go down without much of a fight.
Today in hindsight Hitler’s decision was a catastrophic mistake. While our war movies glorify the heroism of American and British forces much of the havoc wreaked on Germany came from Russia.
History will tell us whether Bush avoided the blunder of Chamberlain or committed the blunder of Hitler.
I am certainly hoping for the first.
Inspired and summarized from Aug 5 Toronto Star, Vit Wagner review of Fateful Choices: Ten Decisions that Changed the World 1940-41 by Ian Kershaw, Tips to Doug Ott for the e-mail.
Wednesday, August 8, 2007
Monday, August 6, 2007
Press '3' if You Require Blood Pressure Medication

Armed and Not Dangerous
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Sunday, August 5, 2007
John Mayer Concert

The Thrill of a Filipino Prison
Filipino prisoners choreograph "Thriller" .
Check it at You Tube http://www.youtube.com/watch?v=o5nZcFIf3qc
You gotta love the internet.
Saturday, August 4, 2007
Have Some Bush Bashers Lost Their Mind?
When Passion Replaces Common Sense

