July 2011
218 posts
James L. Huffman: Environmentalist Wisdom—Shoot... →
it was never really about the owls anyway. It was about preservation, in some pristine state, of some of the planet’s most productive forests versus the management of those forests to serve the interests of mankind. But even preservation proves to be an elusive goal as forests age and debris accumulates to feed the next forest fire.
"Baseline budgeting is a rigged game" - WSJ.com →
Baseline budgeting is a rigged game, with spending increasing automatically each year above the rate of inflation. Anything below that inflated baseline is then called a “cut.” Even Democratic Governor Andrew Cuomo took on these automatic spending formulas when he set out to tame the New York budget.
“You are the light of the world. A city set on a hill cannot be hidden; Let your...”
U.S. Debt Battle-Here are the wild cards to watch-... →
Why complaints about #Congressmen doing...
Debt Impasse Prompts Warnings Around the World -... →
Bild, Germany’s largest tabloid, ran a headline on its political page that reads: “Yes we can go bankrupt!” alongside a picture of President Barack Obama, while the Süddeutsche Zeitung headlined: “USA preparing itself for insolvency” on its front-page.
Will we have a credible plan to slash deficits? →
The Treasury has long insisted that Aug. 2 is a hard deadline for raising the limit. But according to The Wall Street Journal, the Treasury is planning to prioritize its payments by ensuring that it will make a $29 billion interest payment to bond holders on Aug. 15.
Credit-rating firms including Standard & Poor’s have warned that the United States could lose its coveted AAA rating without a...
#Movielandaction
#BHODebtceilingSpeech - Just so you know #Partisan... →
I wasn’t talking out of my hat earlier today when I tumbled about #BHODebtceiling #partisan #speech, nor about his #Freudian-slip when he refered to the #Dems #bill as having “mechanisms in place that would prevent reforms” instead of saying permit or protect.
Additional backdrop is this:
Tweet at your Republican legislators and urge them to support a bipartisan compromise...
President Barack Obama takes debt battle to... →
Obama’s campaign staff used the @BarackObama Twitter account to post the Twitter handles of tweeting GOP leaders – state by state, tweet by tweet. “Tweet at your Republican legislators and urge them to support a bipartisan compromise to the debt crisis,” Obama’s campaign staff wrote on his account before launching the day-long Twitter campaign.
The campaign appears to have served its purpose:...
“#Debtceiling Neither the #House nor the #Senate #bill raises #taxes. Good to...”
#Debtceiling can we get #NegativeGrowth?
#Debtceiling now goes to #Dems more #taxes coming?
#Markets close today under techincals?
“Index Futures: S&P 500 /quotes/zigman/876527 1,285.00 -11.75 -0.91% DOW...”
#DOWFUTURES down 114 about 1%; #S&PFutues down...
GDP est 3.6%>1.9%> to 1.6% - WSJ.com →
The Commerce Department will release its estimate of second-quarter gross-domestic-product growth at 8:30 a.m. Eastern time. Economists surveyed by MarketWatch forecast that growth decelerated to a 1.6% annual rate in the second quarter from a tepid 1.9% rate in the first quarter. Expectations were downgraded over recent weeks. Forecasts as late as May had foreseen growth of 3.6% for the...
“I will never forget Your precepts, For by them You have revived me.” Psalm...”
#Gold losing ground
The president "is a loser" - WSJ.com →
The president “never offered a plan. In a crisis he was merely sly. And no one likes sly, no one respects it. So he is losing a battle in which he had superior forces—the presidency, the U.S. senate. In the process he revealed that his foes have given him too much mystique. He is not a devil, an alien, a socialist. He is a loser. And this is America, where nobody loves a loser.”
Actually, this sounds really cool, if it weren't... →
a hiring notice from the Obama 2012 campaign. The “Analytics Department” is looking for “predictive Modeling/Data Mining” specialists to join the campaign’s “multi-disciplinary team of statisticians,” which will use “predictive modeling” to anticipate the behavior of the electorate. “We will analyze millions of interactions a day,...
I can't think of anyone who still loves BHO -... →
“I never loved Barack Obama. That said, among my crowd who did ‘love’ him, I can’t think of anyone who still does.” - a hard-line progressive.
GOP = "fanatically determined" - Lovely POV;) →
When should you consider kidnap insurance? -... →
“Policyholders should never discuss its existence with anyone — not even other family members who might be covered by the policy,”
Dem compared state & local gov w/Mafia - WSJ.com →
Even some liberal Democrats are beginning to realize that the current system isn’t sustainable. Writing recently in the Los Angeles Business Journal, Roderick Wright, a Democratic state senator from south Los Angeles, compared the state and local governments with the Mafia. The “vig” that government takes from local businesses, Mr. Wright argued—both in taxes and in the cost of...
Boehner's exposes the White House's insincerity on... →
position his party to take credit to avert a crisis, cuts more spending than most ever thought possible, and exposes the White House’s insincerity on the deficit and economic prosperity
Both parties hosting minimum $2,500 donation... →
the very day the Treasury may need cash to pay bills, 6 lawmakers from both parties are hosting separate fund-raisers at a concert by country crooner Taylor Swift. A $2,500 donation to the campaign of Rep. Heath Shuler (D., N.C.) will get two lucky people tickets to the show with Mr. Shuler.
“I press on toward the goal for the prize of the upward call of God in Christ...”
Is it only Dems who want to know if intelligence...
If #Apple knows where you are, what is the angst about? Or are we back to blaming #Bush for something?
@JuliaAngwin #Apple #Snark #WSJ #Digits
@JuliaAngwin #Apple #Snark "10yrs after #Microsoft...
Evan ties it up w/a bow
Evan "Little Miss Sunshine" Newmark
Kelly n Evan Hilarity Show
"73.703, from 73.759" Treasurys turn down, dollar... →
“U.S. #durable-goods orders fall a surprising 2.1% in June on weak transportation...”
#DOWFutures up 9 - Will they settle under 12,500?
“Therefore, since we have so great a cloud of witnesses surrounding us, let us...”
#Debtceiling #AAADowngradeWatch is "lifting the... →
Pox on dollar, euro makes Swissie good as gold - MarketWatch
#NewSafeHaven discovered or created?
"The Swiss franc is up 30% against the US dollar... →
China Scholar: "China needs to reduce its external... →
The debt ceiling episode in the U.S. holds lessons for China, demonstrating the necessity that China reduce its external imbalances and prevent the further accumulation of foreign exchange reserves,
"whole government agencies, including... →
"both sides that they’re beginning to look like... →