Dog Brothers Public Forum

HOME | PUBLIC FORUM | MEMBERS FORUM | INSTRUCTORS FORUM | TRIBE FORUM

Welcome, Guest. Please login or register.
May 28, 2016, 05:22:08 PM

Login with username, password and session length
Search:     Advanced search
Welcome to the Dog Brothers Public Forum.
94954 Posts in 2312 Topics by 1081 Members
Latest Member: Martel
* Home Help Search Login Register
  Show Posts
Pages: 1 ... 64 65 [66] 67 68 ... 110
3251  Politics, Religion, Science, Culture and Humanities / Politics & Religion / correction on: August 27, 2011, 12:28:18 PM
"He sounded like the appearer"

should have been appeaSer.  Sorry.
3252  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2012 Presidential on: August 27, 2011, 12:26:23 PM
"I would rather he not have put things like that, mostly because some people   will be determined to misportray it."

Exactly.  The main reason it is important so as not to give political adversaries fodder.

In a side note  but related, it has been interesting to see Bushies like Rove become adversaries.  I ask who elected him?

He damaged O'Donnel and now Perry. 

I saw Jeb Bush on Fox again.  He is definitely NOT the Republican this country needs.   He sounded like the appearer of the past not like I sounded last week. 

His families political "accomodating", if you will, has in retrospect, clearly helped lead us into the mess we are in now.

We don't need niceness.  We need someone who can express and explain the urgency/emergency we are in and give us a clear path out without appeasement.

No appeasement.  Respectful ok.  But strict and clear.  If we can't stop it here it is probably over.  As Doug also pointed out, here we are in the wrost economic crises in a lifetime and Brock still has a 50/50 chance of winning.  If that doesn't make it clear what we are up against (the welfare state) than nothing will.
3253  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / Is this going to happen with every thunder storm now? on: August 27, 2011, 12:13:15 PM
Leon Panetta says 100,000 reserves are ready to help in hurricane disaster areas.

Troops abroad shouldn't worry their loved are safe.

Gov. Christie is advising thousands to get the hell out!

Mayor Bloomberg has evacuated  a million.

All for at most a category 1?

I agree with Michael Savage.  I have never seen such ridiculous hysteria over a storm.

Tomorrow we will read how it wasn't as bad as "expected" and thank God etc etc.

A few branches will come down a few basements flooded a power line down here or there for a hours or a day.

But the politicians will brag how they protected us and the media as always makes lots money.

Howard Kurtz will question the media frenzy on his CNN show and will have guests on who will after some phoney hand wringing conclude the media was correct in how they handled it all along.

And I was once told as a kid I was cynical?

3254  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / rebuttal part 3 on: August 27, 2011, 11:49:46 AM
Page 3 of 3

Portraying WWII as bounteous economically because statistical measures bettered is like confusing a high batting average with winning championships. You can hit well and still lose. Normally, hitting safely and decreased joblessness reflect success, but war is different. Unemployment lessened because the draft sent men into combat. Increasing production because women were forced into factories building bombs is deceptive.

Economics studies the transformation of scarce resources into that which best fulfills our unlimited desires. How does blowing up Germany boost American living standards? How is making men sleep in frigid fox holes under enemy fire enriching? How did rationing everything from the enjoyment of luxuries to our clothing and diets lift anyone’s material standing?

The military doesn’t jumpstart the economy, it protects producers. This represents patriotic sacrifice, not prosperity.

Production is the progenitor of wealth, but making things unvalued by markets doesn’t improve life. Neither does working harder to achieve the same result. Repairing damage caused by war or natural calamity through debt encumbrance does nothing to support sustainable growth. Once said project completes, we’re back where we started with debts to boot.

During the postwar era, both parties believed spending was stimulating and thought government intervention essential during downturns. But we almost invariably recovered before the spending packages even passed Congress. Unfortunately, rather than conclude that intervention is unnecessary, now, we rush spending bills through as if racing a deadline to preempt the natural ricochet so politicians can take credit.

Stimulus spending doesn’t augment aggregate demand unleashing our “animal spirits” towards growth. It invites crony capitalism, patronage and dependency. As funds flow through Washington, producers reorient from satisfying customers to lobbying politicians. War spending leads to the dreaded Military-Industrial Complex Republicans like Ike feared, but Neo-Cons today relish.

If resources were unlimited or little effort was necessary to extract value, we could consume at will. Instead, markets prioritize output by channeling resources via price signals. Government spending fails because politicians lack the vital feedback mechanism of profits and losses. It’s not their money. Military outlays exemplify this faulty prioritization. Once Congress gets involved, we can’t even cut defense projects the military finds redundant. What the military does demand is often exorbitantly overpriced.

Stimulus efforts allow politicians to dispense dollars in patronage schemes conferring power upon themselves at taxpayer expense. Congress buys votes with your money. Even if public spending did stimulate, such corruption is too repugnant to condone.

As government grows, it becomes increasingly self serving. Bureaucracy inevitably seeks its own expansion. Businesses succeed by producing efficiently and pleasing customers. Bureaucracies thrive via inefficiency. Exceeding one’s budget makes it easier to ask for more. Failure allows sinecures to grovel before Congress that greater funding can achieve what lower funding merely wasted.

Deficit spending has never once successfully stimulated recovery. Like our failed war on poverty or public education, interventionists consistently claim we haven’t spent sufficiently. Mimicking the New Deal’s failure, Keynesians today decry that the Bush and Obama stimulus bills were half-hearted.

Dr. Krugman so desperately seeks more spending that he wishes Congress would pretend aliens are invading. Washington could then control the economy – for our good, not theirs, he’d have us assume. Krugman assures us liberals have a conscience.

Whether they have any common sense is less certain.
3255  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / rebuttal part 2 on: August 27, 2011, 11:49:02 AM
After campaigning on fiscal discipline, FDR promptly accelerated Hoover’s initiatives, devising new economic experiments almost daily. As FDR’s economist Rexford Tugwell conceded, “We didn’t admit it at the time, but practically the whole New Deal was extrapolated from programs that Hoover started.” Despite ridiculing Hoover’s “extravagance,” FDR increased spending another 83% in his first three years.

The best unemployment result prior to WWII was 14% in 1937. European unemployment was far lower. By 1939, unemployment was back at 19% as FDR increased taxes and cut spending in preparation for war. As the government reined in its make-work projects, rather than weaning a sustainable recovery off the Keynesian incubator, the recovery reversed. The New Deal clearly failed to prime the private pump.

On the surface, wartime spending finally propelled America from the Depression’s pits. As war production expanded from roughly 2% of GDP to almost 40%, statistically, America rebounded. In 1940 dollars, GDP shot from $101.4 billion to $120.7 billion in 1941 up to $174.8 billion by 1945 while unemployment fell below 2%.

America didn’t officially enter the fray until December 1941. FDR had by then rescinded most New Deal regulations, scuttled the WPA and similar agencies and ceased his incessant public bickering with private business. Some surmise he stopped attacking industry recognizing he needed their help attacking fascism.

The pre Pearl Harbor boost stems from three factors: wartime spending by others, which does not reflect stimulus on Washington’s part; Lend-Lease, but giving away munitions abroad promotes no prosperity here, and the demise of the New Deal.

After netting out federal spending, GDP surged 17% from $91.9 billion in 1940 to $107.7 billion in 1941. Once engaged, our non-federal output trickled down to $101.4 billion by WWII’s conclusion in 1945. The private economy reflected little improvement, partly because private consumption was curbed. Living standards didn’t regain 1929 levels until America restored a market based economy in the aftermath of victory.

FDR dreaded the recession’s return as Keynesian theory suggested severe trouble when ten million plus soldiers returned home unemployed. The president proposed a “Bill of Economic Rights” predicated on aggregate demand maintenance. Congress thankfully repudiated it. Tax rates were slashed while war time rationing, price controls and regulations receded.

America was one of few industrial nations with its productive infrastructure intact. Despite federal spending falling from $93 billion in 1945 to under $30 billion by 1948 (in 1945 dollars), unemployment stabilized around 4% as Americans, free of New Deal shackles, launched an economic boom.
3256  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / From Forbes: Rebuttal to Krugman 1 on: August 27, 2011, 11:47:04 AM
From Doug's link from cognitive dissonance of the left moved here:

****No, Paul Krugman, WWII Did Not End The Great Depression
   
“There are three kinds of lies: lies, damned lies, and statistics.” – Benjamin Disraeli

It’s a recurring fantasy for left wing academics fascinated by central planning that in cyclical downturns government should act decisively on a scale equivalent to war. Nobel Prize recipient Paul Krugman exemplifies this intellectual longing to steer our lives.

Krugman effortlessly slides into a war footing espousing intervention comparable to America’s crusade against Hitler, who, take note, centrally planned an economy himself:

“World War II is the great natural experiment in the effects of large increases in government spending, and as such has always served as an important positive example for those of us who favor an activist approach to a depressed economy.”

After WWII until its glaring failures manifest in the Seventies, Keynesianism inundated economic thought. Paul Samuelson’s textbooks became mainstays across the academy. Samuelson championed mathematical analysis, which transformed macroeconomics into a pseudo science spawning waves of budding planners infatuated with statistics.

From this basis the myth prevails that WWII finally overcame the Great Depression. History has revised Hoover, easily the most meddlesome peacetime president before FDR, into a laissez-faire reactionary. The New Deal – a disastrous example of everything not to do during downturns became beneficial, only it supposedly wasn’t aggressive enough.

Hoover tinkered with the economy throughout his term. The Smoot-Hawley Act of 1929 launched the trade war many believe precipitated the stock-market crash and the Depression. Then, fearing falling prices, he signed Norris-LaGuardia, Davis-Bacon and other acts, formed business cartels and farming associations all striving to arrest falling prices. Hoover also authored massive public works as he increased federal spending by 50%.

Page 1 2 3 « Previous PageNext Page »
Bill Flax
3257  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2012 Presidential on: August 27, 2011, 11:44:39 AM
Republicans must not let MSM and right elistist like the Bush people distract from the task at hand.

Stop worrying and hand wringing about minor issues like ocassional choice of words.

We must have a man/woman who as Doug rightly pointed out can stand right next to Brock and point out where he is lying, where he is wrong and starkly contrast why he is purposely taking this country in a direction that is wrong.

See my post from the Hillsdale college piece that beautifully shows how we are on a path to dismal mediocracy and probably eventiual ruin like in Europe.

JDN wants a paternalisitic security driven economy and welfare state.  I don't.  And I believe most people in America who truly understand what it means don't.

As for the immigrants the legal ones are not the same as the illegal ones.  The ones who are illegal clearly don't give a shit about our laws, our culture, our society.  They are here for jobs, to siphon off money to send back home and get whatever they can in the way of giveaways.  They are tilting the balance in favor of a welfare state.

This may very well be the last stand as the Hillsdale piece suggests.  Soon more than 50% of our population will receiving bribes.

The whole system will come crashing down eventually.

3258  Politics, Religion, Science, Culture and Humanities / Politics & Religion / From Hillsdale College - great piece on: August 27, 2011, 11:33:06 AM
July/August 2011

Václav Klaus
President,
Czech Republic
The Crisis of the European Union: Causes and Significance
Václav Klaus, the president of the Czech Republic, spoke to friends of Hillsdale College in Berlin during Hillsdale’s 2011 cruise in the Baltic Sea. The speech was delivered at Berlin’s Hotel Adlon on June 11, 2011.

As some of you may know, this is not my first contact with Hillsdale College. I vividly remember my visit to Hillsdale more than ten years ago, in March 2000. The winter temperatures the evening I arrived, the sudden spring the next morning, and the summer the following day can’t be forgotten, at least for a Central European who lives—together with Antonio Vivaldi—in le quattro stagioni. My more important and long-lasting connection with Hillsdale is my regular and careful reading of Imprimis. I have always considered the texts published there very stimulating and persuasive.

The title of my previous speech at Hillsdale was “The Problems of Liberty in a Newly-Born Democracy and Market Economy.” At that time, we were only ten years after the fall of communism, and the topic was relevant. It is different now. Not only is communism over, our radical transition from communism to a free society is over, too. We face different challenges and see new dangers on the horizon. So let me say a few words about the continent of Europe today, which you’ve been visiting on your cruise.

You may like the old Europe—full of history, full of culture, full of decadence, full of fading beauty—and I do as well. But the political, social and economic developments here bother me. Unlike you, I am neither a visitor to Europe nor an uninvolved observer of it. I live here, and I do not see any reason to describe the current Europe in a propagandistic way, using rosy colors or glasses. Many of us in Europe are aware of the fact that it faces a serious problem, which is not a short- or medium-term business cycle-like phenomenon. Nor is it a consequence of the recent financial and economic crisis. This crisis only made it more visible. As an economist, I would call it a structural problem, which will not, by itself, wither away. We will not simply outgrow it, as some hope or believe.

It used to look quite different here. The question is when things started to change. The post-World War II reconstruction of Europe was a success because the war eliminated, or at least weakened, all kinds of special-interest coalitions and pressure groups. In the following decades, Europe was growing, peaceful, stable and relevant. Why is Europe less successful and less relevant today?

I see it basically as a result of two interrelated phenomena—the European integration process on the one hand, and the evolution of the European economic and social system on the other—both of which have been undergoing a fundamental change in the context of the “brave new world” of our permissive, anti-market, redistributive society, a society that has forgotten the ideas on which the greatness of Europe was built.

I will start with the first issue, because I repeatedly see that people on other continents do not have a proper understanding of the European integration process—of its effects and consequences. It is partly because they do not care—which is quite rational—and partly because they accept a priori the idea that a regional integration is—regardless of its form, style, methods and ambitions—an exclusively positive, progressive and politically correct project. They also very often accept the conventional wisdom that the weakening of nation-states, and the strengthening of supranational institutions, is a movement in the right direction. I know there are many opponents of such a view in your country—at such places as Hillsdale—but it has many supporters as well.

A positive evaluation of developments in Europe over the past 50 years can be explained only as an underestimation of what has been going on recently. In the 1950s, the leading idea behind the European integration was to liberalize, to open up, to remove all kinds of barriers which existed at the borders of individual countries, to enable the free movement of goods, services, people and ideas across the European continent. This was undisputedly a step forward, and it helped Europe significantly.

But European integration took a different course during the 1980s, and the decisive breakthrough came with the Maastricht Treaty in December 1991. Political interests that sought to unify and create a new superpower out of Europe started to dominate. Integration had turned into unification, and liberalization had turned into centralization of decision making, the harmonization of rules and legislation, the strengthening of European institutions at the expense of institutions in the member states, and what can even be called post-democracy. Since then, Europe’s constituting elements—the states—have been consistently and systematically undermined. It was forgotten that states are the only institutions where real democracy is possible.

After the fall of communism, the Czech Republic wanted to reassume its place among European democracies. We did not want to sit aside—as we were forced to do throughout the communist era—and European Union membership was the only alternative. Nothing else legitimizes a country in Europe these days. Therefore we joined the EU in May 2004. However, for those of us who spent most of our lives in the authoritative, oppressive, and non-functioning communist regime, the ongoing weakening of democracy and of free markets on the European continent represents something we did not expect and did not wish for in the moment of the fall of communism.

The most visible European problem today is the European monetary union, which was presented as the most important unification achievement following the Maastricht Treaty. The realization of this monetary union has not delivered the positive effects that—rightly or wrongly—had been expected from it. It was intended to accelerate economic growth, reduce inflation, and protect member states against external economic disruptions or so-called exogenous shocks. It has not worked. After the establishment of the euro zone, the economic growth of its member states slowed down relative to previous decades, thus increasing the gap between the rate of growth in the euro zone countries and that in other major economies. The internal disequilibria—such as trade imbalances and state budget imbalances—became larger, not smaller. And there is no indicator pointing towards a growing convergence in the euro zone countries. During its first decade of existence, a common currency has not led to any measurable homogenization of the member states’ economies.

It should have been clear to all, as it was to me, that the idea of a single European currency was essentially wrong—that it would create huge economic problems and lead inevitably to an undemocratic centralization of Europe. To my great regret, this is exactly what has been happening. The euro zone, which comprises 17 countries, is not an “optimum currency area” as defined by economic theory. In a currency or monetary union—which amounts to an extreme form of fixed exchange rates—it is inevitable that the costs of establishing and especially maintaining it exceed its benefits. Most economic commentators were satisfied by the ease and apparent inexpensiveness of the establishment of Europe’s common monetary area. In recent years, however, the negative effects of the straightjacket of a single currency have become more and more evident. When good economic weather prevailed, no visible problems arose. But when bad economic weather set in, the lack of homogeneity manifested itself quite strongly.

It is difficult to speculate about the future of the euro. I suppose that it will not collapse, because a huge amount of political capital was invested in its existence. It will continue to exist, but at a very high price in terms of large-scale fiscal transfers—the shuffling around of problems between countries, which amounts to a non-solution—and of low economic growth rates.

The second reason for European economic problems—not specifically European, but worse in Europe than elsewhere—has to do with the quality, productivity and efficiency of its economic and social system. Europe is characterized by a seemingly people-friendly, non-demanding, paternalistic and—in consequence—insufficiently productive economic and social system called die soziale Markwirtschaft, or social democracy. This system, with its generous social benefits, weakened motivation, shortened working hours, prolonged years of study, lowered retirement ages, diminished the supply of labor—both at the macro level and structurally—and led to very slow economic growth.

In Europe, we have witnessed a gradual shift away from liberalizing and removing barriers and towards a massive introduction of regulation from above, an ever-expanding welfare system, new and more sophisticated forms of protectionism, and continuously growing legal and regulatory burdens on business. All of these weaken and restrain freedom, democracy and democratic accountability, not to mention economic efficiency, entrepreneurship and competitiveness.

Europeans today prefer leisure to performance, security to risk-taking, paternalism to free markets, collectivism and group entitlements to individualism. They have always been more risk-averse than Americans, but the difference continues to grow. Economic freedom has a very low priority here. It seems that Europeans are not interested in capitalism and free markets and do not understand that their current behavior undermines the very institutions that made their past success possible. They are eager to defend their non-economic freedoms—the easiness, looseness, laxity and permissiveness of modern or post-modern European society—but when it comes to their economic freedoms, they are quite indifferent.

The critical situation in Europe today is visible to everybody. It is not possible to hide it. I had believed that this spectacle would be a help to the cause of political and economic freedom in Europe, but this is not proving to be the case. Of course, with the way your American government has been going, you might be able to catch up with us—in terms of our problems—very soon. But you are not as far along yet. So maybe seeing Europe’s crisis today will at least help you in America turn back toward freedom.
__________________________________________________________________________________
On Václav Klaus

Larry P. Arnn
President, Hillsdale College

The following remarks were made in introducing Václav Klaus to Hillsdale College cruisers at the Hotel Adlon in Berlin on June 11, 2011.

We will have lived fortunate lives if we meet more people than we can count on our fingers who have studied the art of politics and the principles of economics, and who have done high and courageous service in that art. Today we meet and hear from such a man.

Václav Klaus is the president of the Czech Republic, and has served twice as its prime minister. He was born in Prague in 1941, and holds his doctorate in economics from the University of Economics in Prague, where he still teaches. He also studied in Italy in 1966 and in the United States in 1969.

In 1989, large events began to unfold in the world, including events right outside this hotel where the Berlin Wall stood. These events were terribly significant in the native country of our speaker, who had begun his career as an academic, worked for a long time in a state bank, and eventually returned to the academy. In the month in which the prospect of freedom came in the Czech Republic—or Czechoslovakia as it was then—he was immediately appointed its finance minister, in which role he set out to restructure his nation’s economy.

Our speaker is a believer in the free market and a member of the Mont Pelerin Society, a society dedicated to freedom that was founded in 1947 by people like Friedrich Hayek and Milton Friedman. Lately he has been something incredible and unique in the context of European politics—a person in high authority who is critical of the steady advance of centralized power in the European Union, and of the absence of accountability in its government to the peoples who are ruled by it.

Our speaker is part of one of the greatest stories in modern times. The people of Czechoslovakia and the Czech Republic are among the handful of peoples who had the disaster strike them of being ruled first by the German Nazis and then by the Soviet Communists. Nothing could be more abusive than to have either of those things happen, except to have both of them happen. And there is something about the Czech Republic that it has always stood up against such rule. Churchill thought that one of the worst tragedies of the 1930s was to abandon that brave place to Hitler. When the Iron Curtain fell, it would be one of the first places to rally.

Today we meet a man who came forward to show the alternative to collectivist rule, based on a distinction that Churchill loved. It had been a government where the government owned the people. How then could it become a government where the people own the government? I think it is no exaggeration to say that one of the most clear-sighted, deeply learned, and steadily courageous of all of the servants of human freedom in our age is the president of the Czech Republic, Václav Klaus.

--------------------------------------------------------------------------------

Copyright © 2011 Hillsdale College. The opinions expressed in Imprimis are not necessarily the views of Hillsdale College. Permission to reprint in whole or in part is hereby granted, provided the following credit line is used: “Reprinted by permission from Imprimis, a publication of Hillsdale College.” SUBSCRIPTION FREE UPON REQUEST. ISSN 0277-8432. Imprimis trademark registered in U.S. Patent and Trade Office #1563325.33 East College St. Hillsdale, MI 49242 • Tel: +1 517 437-7341 • Fax: +1 517 437-3923
© 2007-09 Hillsdale College. All rights reserved.
3259  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The Cognitive Dissonance of the Republicans on: August 26, 2011, 04:23:54 PM
My only request is for Republicans to stop being afraid of speaking the truth.  For example Senator Inhofe makes good points but then has to add:

"and I don’t mean this disrespectfully,"

Will other Republicans get a titanium spine like Bachman and just say it like it is?  Why do they have to always temper their opinions with things like "I like the President personally" or "I think he is well meaning" or "a great American".  He is not a nice guy.  He is not honest and he is more about being a great *anti*- American, and he is *not* well meaning.  He is destroying out country plain and simple.  I wish Mark Levin could reach out to the rest of American and not just the choir.  He says it like it is.  Why won't her run for office?

****Inhofe lays long list of nation’s ills at Obama’s feet
 
BLAME GAME
U.S. Sen. Jim Inhofe: He said Obama is at fault for the U.S. debt problem.
By RANDY KREHBIEL World Staff Writer
Published: 8/24/2011  4:04 AM
Last Modified: 8/24/2011  4:04 AM

BROKEN ARROW — President Barack Obama alone is to blame for the nation’s budget deficit – and just about everything else, U.S. Sen. Jim Inhofe told the Broken Arrow Chamber of Commerce on Tuesday.
“We now have a president, and I don’t mean this disrespectfully, who is destroying these very institutions that made America great,” Inhofe, R-Okla., said.

Inhofe went on to say the Obama administration has “disarmed America,” is solely responsible for the federal budget deficit, mostly responsible for the nation’s dependence on imported oil and suffocating business with regulations.

He also said Obama engineered the House Republicans’ ban on earmarks in order to give himself more control of the budget.

“When they came along with this moratorium, you have to let the president run everything,” Inhofe said. “They conceded that authority to the president of the United States, so that’s why the president was behind the whole earmark thing."

Inhofe said the earmark ban allowed the administration to block a new $10 million control tower scheduled for Tinker Air Force Base.

He said military spending, as a share of gross domestic product, has declined during the Obama administration and criticized unflattering descriptions of the prison at Guantanamo Bay, Cuba, where terror suspects are held, saying, “You know the biggest problem for prisoners when they get to Gitmo? Obesity."

Inhofe said the idea that prisoners have been tortured there was invented by Obama and others “to make you think something bad is happening in America — the same thing he does and others do when they go around talking about how bad America is."

Inhofe said the deficit is Obama’s fault because “it’s the president’s budget. Period. That’s the end of it."

He said the recent debtlimit agreement is a sham that does little or nothing to reduce overall spending. One solution, he continued, would be to repeal the health-care reform law, which he said is an example of “social engineering” designed to make Americans more dependent on the federal government.

Inhofe also cited extended unemployment benefits, saying he saw no reason for them in Oklahoma because the state has “virtually full employment."

Inhofe laid out a long list of regulatory steps he said would cost taxpayers and employers billions of dollars in taxes and lost productivity, and said the country could be “totally independent from the Middle East in a matter of weeks, not years,” if the administration allowed unfettered oil and gas development on public lands.

Noting that he will not be up for re-election until 2014, Inhofe said, “Don’t misunderstand, (nothing) I’m saying now is for political purposes."*****
3260  Politics, Religion, Science, Culture and Humanities / Politics & Religion / rebuttal part 3 on: August 26, 2011, 04:09:50 PM
Page 3 of 3

Portraying WWII as bounteous economically because statistical measures bettered is like confusing a high batting average with winning championships. You can hit well and still lose. Normally, hitting safely and decreased joblessness reflect success, but war is different. Unemployment lessened because the draft sent men into combat. Increasing production because women were forced into factories building bombs is deceptive.

Economics studies the transformation of scarce resources into that which best fulfills our unlimited desires. How does blowing up Germany boost American living standards? How is making men sleep in frigid fox holes under enemy fire enriching? How did rationing everything from the enjoyment of luxuries to our clothing and diets lift anyone’s material standing?

The military doesn’t jumpstart the economy, it protects producers. This represents patriotic sacrifice, not prosperity.

Production is the progenitor of wealth, but making things unvalued by markets doesn’t improve life. Neither does working harder to achieve the same result. Repairing damage caused by war or natural calamity through debt encumbrance does nothing to support sustainable growth. Once said project completes, we’re back where we started with debts to boot.

During the postwar era, both parties believed spending was stimulating and thought government intervention essential during downturns. But we almost invariably recovered before the spending packages even passed Congress. Unfortunately, rather than conclude that intervention is unnecessary, now, we rush spending bills through as if racing a deadline to preempt the natural ricochet so politicians can take credit.

Stimulus spending doesn’t augment aggregate demand unleashing our “animal spirits” towards growth. It invites crony capitalism, patronage and dependency. As funds flow through Washington, producers reorient from satisfying customers to lobbying politicians. War spending leads to the dreaded Military-Industrial Complex Republicans like Ike feared, but Neo-Cons today relish.

If resources were unlimited or little effort was necessary to extract value, we could consume at will. Instead, markets prioritize output by channeling resources via price signals. Government spending fails because politicians lack the vital feedback mechanism of profits and losses. It’s not their money. Military outlays exemplify this faulty prioritization. Once Congress gets involved, we can’t even cut defense projects the military finds redundant. What the military does demand is often exorbitantly overpriced.

Stimulus efforts allow politicians to dispense dollars in patronage schemes conferring power upon themselves at taxpayer expense. Congress buys votes with your money. Even if public spending did stimulate, such corruption is too repugnant to condone.

As government grows, it becomes increasingly self serving. Bureaucracy inevitably seeks its own expansion. Businesses succeed by producing efficiently and pleasing customers. Bureaucracies thrive via inefficiency. Exceeding one’s budget makes it easier to ask for more. Failure allows sinecures to grovel before Congress that greater funding can achieve what lower funding merely wasted.

Deficit spending has never once successfully stimulated recovery. Like our failed war on poverty or public education, interventionists consistently claim we haven’t spent sufficiently. Mimicking the New Deal’s failure, Keynesians today decry that the Bush and Obama stimulus bills were half-hearted.

Dr. Krugman so desperately seeks more spending that he wishes Congress would pretend aliens are invading. Washington could then control the economy – for our good, not theirs, he’d have us assume. Krugman assures us liberals have a conscience.

Whether they have any common sense is less certain.

3261  Politics, Religion, Science, Culture and Humanities / Politics & Religion / rebuttal part 2 on: August 26, 2011, 04:08:19 PM
 Bill Flax, Contributor

I write about the intersection of economics and culture.

+ Follow

Op/Ed|8/25/2011 @ 3:28PM |10,059 views
No, Paul Krugman, WWII Did Not End The Great Depression
Bill Flax, ContributorMr. Delosangeles,4 comments, 1 called-out + Comment now
+ Comment now
 
Most Popular

News People Places Companies The 20 Youngest Power Women +40,701 viewsThe Inexplicable War on Lemonade Stands +10,092 viewsWhy Amazon Can't Make A Kindle In the USA +9,298 viewsMark Zuckerberg Beats Steve Jobs as Worst-Dressed Man in Technology +5,144 viewsThe World's Highest-Paid Celebrity Couples +3,888 viewsThe Six Best Cities To Buy A Home +3,698 viewsCan Bethenny Crack A Billion? +2,460 viewsAmerica's Top Colleges +2,032 viewsThe World's 10 Most Wanted Fugitives +1,959 viewsThe Best Business Schools +1,863 views Sheryl Sandberg
 Carlos Slim Helu & family
 Lady Gaga
 Angela Merkel
 Indra Nooyi
 Steve Jobs
 Mark Zuckerberg
 Dilma Rousseff
 Justin Bieber
 Bill Gates III
 Salesforce.com
 JPMorgan Chase
 Apple
 HSBC Holdings
 Intuitive Surgical
 General Electric
 ExxonMobil
 Terumo
 Schindler Holding
 Berkshire Hathaway
 Manhattan
 Raleigh
 Lawrence
 Austin
 Des Moines
 San Antonio
 New York
 Fort Collins
 Dallas
 Chicago
+ show more
 Bill Flax
Contributor
+ Follow

+ show moreI am a Christian, a patriot and a defender of individual liberties who tries to keep a sense of humor through the madness. I live in Cincinnati, Ohio and work in the banking industry. I'm blessed with a beautiful wife who homeschools our three children. It has become evident Washington now embodies the gravest threat to liberty. We must restore the vision of the founders before it is too late. This prompted me to begin writing. My new book, The Courage to do Nothing, will hopefully be the most politically incorrect book you'll ever read on economics. Please contact at billflax2@yahoo.com.

The author is a Forbes contributor. The opinions expressed are those of the writer.

Bill Flax’s Popular Posts
No, Paul Krugman, WWII Did Not End The Great Depression 10,059 views
You Call It Inflation, I Call It Theft 8,444 views
Bilderbergers, New World Orders And Conspiracy Theories 8,400 views
Sarah Palin, Paul Revere And the Importance Of An Armed Populace 8,244 views
Joseph Stiglitz Reminds Us That Nobel Prizes Are Highly Misleading 7,984 views
More from Bill Flax
Follow Bill on Twitter Bill’s RSS Feed Bill’s Profile Bill’s Recommended Reading Bill’s Website
Bill’s News Stream
 Show all activity (20) Posts (18)     Contributor Comments (2) 
   
Comment 19 hours ago
 Mr. Delosangeles, Thank you for the date correction. Production peaked in the summer [...]

on No, Paul Krugman, WWII Did Not End The Great Depression
 
New Post 1 day ago
 No, Paul Krugman, WWII Did Not End The Great Depression
New Post 1 week ago
 Joseph Stiglitz Reminds Us That Nobel Prizes Are Highly Misleading
New Post 2 weeks ago
 Our Denial of Nature Undermines the Economic Recovery
Comment 2 weeks ago
 Thanks Mr. Zarras. I'm honored that you'd read my work and [...]

on If On The Dole Why Do You Still Get To Go To The Poll?
 
New Post 3 weeks ago
 If On The Dole Why Do You Still Get To Go To The Poll?
New Post 4 weeks ago
 Cut Spending By Returning To Founding Principles Of Federalism
New Post 1 month ago
 Feminism Can't Divorce Its Debt To Capitalism
New Post 1 month ago
 The True Meaning of Separation of Church and State
New Post 1 month ago
 Separation Of Church And State Limits Neither Churches Nor States
New Post 1 month ago
 A Politically Incorrect Perspective On American Exceptionalism
New Post 2 months ago
 Why The Recession Recovery Remains Anemic
New Post 2 months ago
 Sarah Palin, Paul Revere And the Importance Of An Armed Populace
New Post 2 months ago
 Bilderbergers, New World Orders And Conspiracy Theories
New Post 2 months ago
 Deconstructing President Obama's Strange Stance On Israel
New Post 2 months ago
 Newt Gingrich Highlights Republican Futility On Spending
New Post 3 months ago
 What Rand Paul Should Have Said About Slavery
New Post 3 months ago
 Do Marxism And Christianity Have Anything In Common?
New Post 3 months ago
 Sorry Mr. Salsman, But Christ Wasn't A Communist
New Post 3 months ago
 An Honest Politician: Understanding Ben Bernanke

  • • • • • •   Subscribe to Forbes
Get a Free Trial Issue
 
 
 
 State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming
 
 
Subscribe 
Forbes Subscriptions
Subscribe To Newsletter
Subscribe To Magazine
Subscriber Customer Service
 
 18 9 3 3 2 Page 2 of 3

After campaigning on fiscal discipline, FDR promptly accelerated Hoover’s initiatives, devising new economic experiments almost daily. As FDR’s economist Rexford Tugwell conceded, “We didn’t admit it at the time, but practically the whole New Deal was extrapolated from programs that Hoover started.” Despite ridiculing Hoover’s “extravagance,” FDR increased spending another 83% in his first three years.

The best unemployment result prior to WWII was 14% in 1937. European unemployment was far lower. By 1939, unemployment was back at 19% as FDR increased taxes and cut spending in preparation for war. As the government reined in its make-work projects, rather than weaning a sustainable recovery off the Keynesian incubator, the recovery reversed. The New Deal clearly failed to prime the private pump.

On the surface, wartime spending finally propelled America from the Depression’s pits. As war production expanded from roughly 2% of GDP to almost 40%, statistically, America rebounded. In 1940 dollars, GDP shot from $101.4 billion to $120.7 billion in 1941 up to $174.8 billion by 1945 while unemployment fell below 2%.

America didn’t officially enter the fray until December 1941. FDR had by then rescinded most New Deal regulations, scuttled the WPA and similar agencies and ceased his incessant public bickering with private business. Some surmise he stopped attacking industry recognizing he needed their help attacking fascism.

The pre Pearl Harbor boost stems from three factors: wartime spending by others, which does not reflect stimulus on Washington’s part; Lend-Lease, but giving away munitions abroad promotes no prosperity here, and the demise of the New Deal.

After netting out federal spending, GDP surged 17% from $91.9 billion in 1940 to $107.7 billion in 1941. Once engaged, our non-federal output trickled down to $101.4 billion by WWII’s conclusion in 1945. The private economy reflected little improvement, partly because private consumption was curbed. Living standards didn’t regain 1929 levels until America restored a market based economy in the aftermath of victory.

FDR dreaded the recession’s return as Keynesian theory suggested severe trouble when ten million plus soldiers returned home unemployed. The president proposed a “Bill of Economic Rights” predicated on aggregate demand maintenance. Congress thankfully repudiated it. Tax rates were slashed while war time rationing, price controls and regulations receded.

America was one of few industrial nations with its productive infrastructure intact. Despite federal spending falling from $93 billion in 1945 to under $30 billion by 1948 (in 1945 dollars), unemployment stabilized around 4% as Americans, free of New Deal shackles, launched an economic boom.

3262  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Forbes rebuttel to Krugman 1 on: August 26, 2011, 04:06:16 PM
From Doug's link from cognitive dissonance of the left moved here:

****No, Paul Krugman, WWII Did Not End The Great Depression
   
“There are three kinds of lies: lies, damned lies, and statistics.” – Benjamin Disraeli

It’s a recurring fantasy for left wing academics fascinated by central planning that in cyclical downturns government should act decisively on a scale equivalent to war. Nobel Prize recipient Paul Krugman exemplifies this intellectual longing to steer our lives.

Krugman effortlessly slides into a war footing espousing intervention comparable to America’s crusade against Hitler, who, take note, centrally planned an economy himself:

“World War II is the great natural experiment in the effects of large increases in government spending, and as such has always served as an important positive example for those of us who favor an activist approach to a depressed economy.”

After WWII until its glaring failures manifest in the Seventies, Keynesianism inundated economic thought. Paul Samuelson’s textbooks became mainstays across the academy. Samuelson championed mathematical analysis, which transformed macroeconomics into a pseudo science spawning waves of budding planners infatuated with statistics.

From this basis the myth prevails that WWII finally overcame the Great Depression. History has revised Hoover, easily the most meddlesome peacetime president before FDR, into a laissez-faire reactionary. The New Deal – a disastrous example of everything not to do during downturns became beneficial, only it supposedly wasn’t aggressive enough.

Hoover tinkered with the economy throughout his term. The Smoot-Hawley Act of 1929 launched the trade war many believe precipitated the stock-market crash and the Depression. Then, fearing falling prices, he signed Norris-LaGuardia, Davis-Bacon and other acts, formed business cartels and farming associations all striving to arrest falling prices. Hoover also authored massive public works as he increased federal spending by 50%.

Page 1 2 3 « Previous PageNext Page »
Bill Flax
3263  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The congnitive dissonance of the left on: August 26, 2011, 12:43:44 PM
Doug,
Thanks for your response.

"the foundations of Christianity are the same.  Helping the poor is a wonderful theme - always on display in church.  We are merely arguing politically over which system helps them best.  I have not yet found in the Bible where they measure the good you do in terms of coercive measures you impose on other people's work and money, or anything that supports the erosion of responsible personal freedoms.  More specifically I believe it warns (commands) against the worship of these other Gods, like sacred govt entitlement programs.

Excellent points.  What is moral about forcing some to pay for others or for those others to sit back and demand that the some pay for them?

It seems it is no longer hallowed to speak about God.  We can no longer sing the national enthem.  The pedge of allegence is banned.  No prayer in school.  God and anything public must be banned.  No clergy at 9/11.  Yet say anything bad about Social Security or Medicare and those on those doles howl like warewolves.  These have become the (false) Gods/idols as you suggest.

They are now the hollowed framework or ground of America.

Everyone is entitled to not just  health care whether they can or will pay for it or not, but school, education, food, housing, retirement, pensions, vacation, travel time, unemployment, disability for anything, free internet. 

But it doesn't work when the numbers of people footing the bills for all this are becoming less and less.

Liberals will never give in.  I  am guessing it is too late for change without a real disaster.  The disaster may not be around the corner but it is inevitable because of the malignant growth and persistance of progressive ideology. 

For example, do away with mother or father and use only "parent".  Why not get do away with male, female, heterosexual, homosexual, black, white, muslim, jew, christian, hindu, rich poor, american french, arab, indian, chinese.  We should all be the same.  Not fat, not skinny, not tall.  Just people.  "individual" - my point is there can be no end to this.


3264  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Doug: Narcissism is the key on: August 26, 2011, 11:03:58 AM
"clueless" is not the only word.

Alter is one of the Jewish progressives who sit in their little narcisstic world thinking they are better, smarter, more all knowing than those that cling to guns and religion.  They think because they come out publically to champion the poor this somehow makes them better.  It is not just a religious thing wherein Judaism teaches to help the poor.  It is as had been clued to me by a post on this board - NARCISSM.   These sort of Jews (and non-Jewish liberals as well) really do think they are better, smarter and more clever because they are for the Democrat party.  Yet many if not most spend their entire lives working to get better of financially.

Apart from their outrageous hypocracy, they refuse to admit their political theories of redistribution, equal wealth to all, government enforcement of this, socialism, communism and the rest of it is actually going to make things worse.  History proves it makes things worse.  They think they are levelling the playing field for all when instead they are creating power for those few elites who pretend to know what is best for all.

It is more precisely this all knowing all paternalitstic attitude and condescention that turns the world off to Jews IMHO.  For all their pretending to lose sleep over the poor (until their pocketbooks are threatened - not the "taxpayers") - just to the contrary - intead of us being appreciated and loved for our (Jewish) concern for the downtrodden, the underdog if you will - Jews are the most despised disliked and beaten down group in history.  Look at Soros.  He himself stated he has "inadvertantly" served to propogate the idea that Jews run the world.  Well, he has certainly used every ounce of his financial power and political connections that confers to do just that.

So Jonathan ALter thinks because he votes as a Democrat we/he will be loved?

He certainly loves himself.  Narcissim IS the word that explains it to me.  It hit me like a club a few weeks ago.  That is the key that unlocks the mystery behind why Jews are so liberal.  It makes them think they are therefore better than everyone else.  That is it.   The answer. 

Quite the contrary.  We are resented.  Who the hell do we think we are telling what is best for everyone and forcing it all on us with big government!

I am proud of being Jewish yet I am disgusted by this narcissistic group within our ranks. 
3265  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / thanks BD on: August 26, 2011, 10:41:17 AM
The only time I was in Memphis was at a Gilder conference.  cry  Those tech boom days were much happier for me.
I don't think this museum was there yet.  As part of the Gilder tour we did see the Elvis Presley museum. cheesy

Something like this makes sense to be in DC (as well).  It makes mores sense than a holocaust museum frankly since it is directly associated with our nation's history.
3266  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Race in America/ will it ever stop dividing us? on: August 26, 2011, 10:19:37 AM
The scars of slavery, Jim Crow, segregation, etc run deep.  Only Blacks can actually still think the media is unfair to Brock.  It is like OJ Simpson is found innocent despite overwhelming evidence in the news (not necessarily the trial) and yet Blacks decide to celebrate when he is found innocent.  It isn't simply all emotional however.  It is about reparations and the expectation of due for some transfer of wealth.

****Posted on August 26, 2011
Rep. Cummings: Most Blacks Think Obama "Has Been Treated Unfairly"
rep cummings most blacks think obama has been treated unfairly
"There's another thing the press seems to not get. A lot of African-Americans that I've talked to, most of them say that they 'feel this President has been treated unfairly.' They believe he has done every single thing in his power to try to create jobs, to try to make sure this economy moves forward. He's gone against just fierce opposition. I think, I mean if you look at the evidence, that's true. He's accomplished a lot in the short time he's been President. But the fact is, it has not been easy and will not continue to be easy," Rep. Elijah Cummings (D-MD) said on "Morning Joe" this morning.****

   
3267  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / Museum would have been far smarter on: August 25, 2011, 02:44:59 PM
It would have made more sense to have a museum dedicated to civil rights portraying it from slavery to the present thereby encompassing the whole struggle and the (millions) who (not just the one guy) did not struggle in vain. 

It would have been a learning experience for those too young to know and a reminder for those who are old enough to remember.

Instead we got a politically correct monstrosity.

This statue stands for appeasement in my view.  Not a stark reminder of a shameful part of our history.
3268  Politics, Religion, Science, Culture and Humanities / Politics & Religion / W is the hero of Libyia on: August 25, 2011, 02:35:55 PM
Well naturally Brock is going to take credit for Lybia.  He turned it mostly over to Nato and it was a no brainer that Ghaddafi, a brute with a third rate military force could be defeated at any time.  Yet now he wants credit for it. 

The truth is none of this "Arab spring" or whatever one wants to call it would have ever happened if not for W getting rid of Saddam.  So if one wants to give credit for this than give W and the neocons credit.

That all said I don't buy any of it myself.
3269  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2012 Presidential on: August 25, 2011, 02:31:23 PM
"he is 'too-Texas'"

You mean like LBjerk?

For me, Brock is too Hahvood.

The liberals sure think they know what is best for the world don't they.
Never enough pinstripes.
3270  Politics, Religion, Science, Culture and Humanities / Politics & Religion / From the Los Angeles slimes on: August 24, 2011, 12:59:05 PM
I guess the left is deflecting ties between Communism ideology and Jewish progressivism with this: 

"The visit is focusing renewed attention on the growing, and some say unlikely, alliance between right-wing Israelis and Christian fundamentalists in the U.S."

Here's the article again from leftist Jews trying to make a stink about Beck:

****Glenn Beck's Israel tour raises eyebrows
The former Fox News host's event has triggered a debate over whether he is a true friend of Israel or just a fanatic who has been accused of anti-Semitism.
 
Glenn Beck speaks during an event in Caesarea, Israel. (Oliver Weiken, European Pressphoto Agency / August 23, 2011)

  Obama's Jewish backers on edge over his Mideast peace plan
By Edmund Sanders, Los Angeles Times
 
August 23, 2011
Reporting from Jerusalem— Perhaps it was only a matter of time before conservative American commentator Glenn Beck, viewed by many supporters as a modern-day prophet, brought his messianic message to Jerusalem.

But even in an ancient city that has seen its share of religious enthusiasts, Beck's high-profile Holy Land tour this week, culminating Wednesday in a rally just a stone's throw from the Western Wall and the Dome of the Rock mosque, is raising eyebrows.

Before Beck's arrival, most Israelis were unfamiliar with the former Fox News host, whose cable TV show went off the air in June amid sagging ratings. But his rally has triggered a debate over whether he should be embraced as a pro-Israel friend or condemned as a fanatic who has battled allegations of anti-Semitism.

The visit is focusing renewed attention on the growing, and some say unlikely, alliance between right-wing Israelis and Christian fundamentalists in the U.S.

Beck, who declined to be interviewed, is calling his Jerusalem rally "Restoring Courage," playing off his "Restoring Honor" event in Washington last summer. The purpose, he has said, is to demonstrate American solidarity with Israel. Hundreds of Christian supporters, many from the U.S., are expected to attend.

Beck's staunch support for Israeli control over Jerusalem and his criticism of Palestinians' ambitions to create their own state have won him praise from many conservative Israeli leaders.

"He is a friend who supports Israel, and we should work with him," said Danny Danon, an outspoken member of the Likud Party who advocates the annexation of the West Bank to Israel. "It's important for us to see that there are people out there who support us and not all the world is against us."

But critics say Beck's track record of controversial statements makes him an inappropriate ally. Last month he likened Norwegian youths gunned down at a political camp by an anti-Islamic extremist to "Hitler Youth." Twice in the last year Beck has been denounced by the Anti-Defamation League for "bigoted" and "horrific" comments on his show, one likening Reform Judaism to "radicalized Islam" and another in which he said Holocaust survivor and billionaire George Soros betrayed fellow Jews to Nazis.

Under pressure from Jewish groups in the U.S., Beck apologized for the remark about Reform Judaism.

He has several times had to fend off allegations of anti-Semitism. Last year he appeared to endorse the notion that Jews killed Jesus Christ; his list of the world's nine most "dangerous" people includes eight Jews; he speculated in 2009 "that Israel might be wiped off the map, leading to all-out Armageddon."

"If this is the only kind of friend Israel's government can find around the world, that's a very poor sign," said Yariv Oppenheimer, secretary-general of Peace Now, the Israeli anti-settlement group. "It's a reflection on our current leadership that instead of having the world on our side, we can only get someone like Glenn Beck."

Arab Israeli lawmaker Ahmed Tibi warned that Beck's tour could provoke violence, calling him "a neo-fascist comedian who is motivated by a hatred of Islam."

Beck's visit reflects the partnership between conservative Israelis and some American Christian groups. So-called Christian Zionist groups and evangelical churches, such as Texas-based John Hagee Ministries, donate millions of dollars to help fund settlement construction in the West Bank and support Israel.

The support comes, in part, from a belief among some Christian fundamentalists that Jews are God's "chosen people" and that a return of the Jewish people to the Holy Land and the rebuilding of the Jewish temple in Jerusalem are signs of the second coming. Beck, who converted to the Mormon faith in 1999, frequently discussed such end-of-the-world prophecies and biblical themes on his program.

For conservative Israelis, the benefits of the alliance are more pragmatic. American evangelical groups have become a key source of tourist dollars and political and financial support, particularly as the divide has grown between American Jews, who remain predominantly liberal, and Israelis, who are shifting more toward the right.

"It's a marriage of convenience," said Hebrew University political science professor David Ricci, an expert in U.S. relations. "Over the last 10 years, fewer liberals in the U.S. are willing to be clearly identified with the Israeli government."

But Ricci and others see potential fault lines in the partnership. For starters, evangelicals are often active in missionary work, something Israelis do not tolerate.

Last week, Texas-based Daystar Television Network hosted "Israel Day," in which it broadcast live from Jerusalem. In between on-air solicitations for $1,000 pledges, the program's hosts condemned efforts to make part of East Jerusalem the capital of a new Palestinian state, and they vowed unconditional support for Israel.

Yet at the same time, the station boasted of "bringing the Gospel of Jesus Christ to the land of Israel." One host said that more Jews have been converted to Christianity in the last 20 years than in the last 2,000.

Such comments don't sit well with most Israelis. Likewise, Jewish people don't fare very well in some Christian "end times" scenarios, in which Israel will be destroyed by an apocalyptic war during which Jews are either converted to Christianity or killed.

"This type of Christianity believes in the gathering of the Jews in Israel in order to bring about Armageddon," said Jeremy Ben-Ami, executive director of J Street, a U.S. lobbying group that advocates for a two-state solution. "That's not exactly good for the long-term survival and security of Israel."

Ben Ami said that the tie between conservative Israelis and fundamentalist Christians "threatens to turn this whole conflict into ground zero for a religious war, rather than a territorial war, and a religious war is much more difficult to resolve through peaceful compromise."

Danon, who agreed that American evangelical groups were becoming an important political ally for Israel, said he's not worried about the religious divide.

"When the messiah comes, we'll ask whether this is the first time or the second time," Danon joked. "In the meantime, we have a lot in common. We don't need to argue about it today."

edmund.sanders@latimes.com
Copyright © 2011, Los Angeles Times
   
3271  Politics, Religion, Science, Culture and Humanities / Politics & Religion / QE - government code for Ponzi on: August 24, 2011, 12:40:39 PM
Thanks for your thoughts.  It just seems like obvious common sense is that printing more money IS NO different than any Ponzi scheme - borrowing from one to pay off another until the whole thing collapses all the while praying for some miracle like winning the lottery) or in the Fed's case - economic growth to go sky high and flood revenues to cover the borrowing.  (Although in the case of Democrats and Republicans trying to buy off the votes that would otherwise go to Dems - keep spending it all on entitlements anyway)
3272  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Erza Klein started the Jornolist on: August 24, 2011, 12:32:30 PM
Doug,

This is the guy who according to Wikepedia started the Journolist which according to Wikepedia he reports to have disbanded (though we know that is obviously not true and they just keep a lower profile).  See the portion I have highlighted between the stars below:

Ezra Klein
From Wikipedia, the free encyclopedia
Jump to: navigation, search
Ezra Klein

Klein on Halloween, 2008
Born May 9, 1984 (1984-05-09) (age 27)
Irvine, California
Nationality American
Education B.A., Political Science
Alma mater UCLA
Occupation Journalist and Political pundit
Employer Washington Post, MSNBC, Bloomberg
Website
Ezra Klein - Washington Post
Ezra Klein (born May 9, 1984) is an American blogger and columnist for The Washington Post, columnist for Bloomberg, a columnist for Newsweek, and a contributor to MSNBC. He was formerly an associate editor of The American Prospect political magazine and a political blogger at the same publication.[1]

Contents [hide]
1 Early life
2 Career
2.1 Health care debate
2.2 JournoList
3 Personal life
4 Awards
5 Notes
6 External links
 

[edit] Early life
Klein was born and raised in Irvine, California, and went to school at University High School. He attended the University of California, Santa Cruz but later transferred to the University of California, Los Angeles, from which he graduated in 2005 with a B.A. in political science. While at UCLA, he applied to write for the Daily Bruin but was rejected.[2]

Klein is a middle child,[2] raised in a Jewish family, though today, he identifies as a devout agnostic.[3] His father is a math professor, his mother an artist.[2]

[edit] Career
Klein started his first blog in February 2003.[4] He soon joined with Matt Singer, and the name was changed to "Klein/Singer: Political Consulting on the Cheap." In June 2003, he moved to the blog "Not Geniuses" along with Matt Singer, Ryan J. Davis, and Joe Rospars.[5]

Following "Not Geniuses," Klein partnered with Jesse Taylor at Pandagon. This partnership helped Klein gain even more visibility, leading to his eventual founding of his blog "Ezra Klein."[6]

Besides his online contributions, Klein worked on Howard Dean's primary campaign in Vermont in 2003, and interned for the Washington Monthly in Washington, D.C. in 2004. "I used to have political aspirations," said Klein. "...in the sense of getting my name on a ballot and promising Iowans more ethanol subsidies than they could handle. But over time, I found that I enjoy writing far more. More to the point, I think that the creation of a media environment that can sustain and propel progressivism is more important than any single elected official. I'd trade a liberal O'Reilly (or Limbaugh!) for 5, 10 congressmen. The media is as effective and important an agent for change as the legislative bodies, and I think it's where I'm happiest and most effective."[7]

In 2003, he and Markos Moulitsas were two of the earliest bloggers to report from a political convention, that of the California State Democratic Party.[8] In 2006, Klein was one of several writers pseudonymously flamed by The New Republic writer Lee Siegel (posting as a sock puppet called sprezzatura).[9]

On December 10, 2007, Klein moved his blog full time to the American Prospect.[10]

Klein's prolific blogging caught the attention of Steve Pearlstein, the Washington Post's veteran business columnist. A friend referred him to Klein's work in the American Prospect. "I was blown away by how good he was—how much the kid wrote—on so many subjects," Pearlstein said. Pearlstein sent samples of Klein's work to managing editor Raju Narisetti. A few weeks after he heard from Pearlstein, Post foreign correspondent John Pomfret asked Klein to have lunch with him and financial editor Sandy Sugawara. Narisetti quickly hired Klein to be the Post’s first pure blogger on politics and economics.[2] On May 18, 2009, he began writing at the newspaper.[11]

His writing interests include health policy, the labor movement, electoral politics and food.[12] He writes a primer on policy called "Wonkbook," which is delivered by e-mail and on his blog each morning.

Klein frequently provides political commentary on MSNBC's The Rachel Maddow Show and Hardball with Chris Matthews. He is a former contributor to the now-cancelled Countdown with Keith Olbermann.

In May 2011 when it launched, Klein became a columnist for Bloomberg View in addition to his work at The Washington Post and MSNBC.[13]

[edit] Health care debate
In December 2009, Klein wrote an article in the Washington Post that because Senator Joe Lieberman was motivated to oppose health care legislation in part out of resentment at liberals for being defeated in the 2006 Connecticut Democratic Primary, it meant that Lieberman was "willing to cause the deaths of hundreds of thousands of people in order to settle an old electoral score".[14] Klein based his estimate off of an Urban Institute report that estimated that 22,000 people died in 2006 because they lacked health-care insurance.[15] This article was criticized by Jonah Goldberg of the National Review, who called it a "silly claim."[16] Charles Lane, also of the Washington Post, described Klein's article as an "outrageous smear". But EJ Dionne, also of the Washington Post, agreed with Klein's claim, saying that "Klein is right that there is not a shred of principle in Lieberman's opposition."[17] Klein later said he regretted the phrasing[18] and his position is that despite universal coverage, the social determinants of health are still powerful predictors that, on average, ensure the lower socioeconomic classes die sooner than those with more income and education.[19][20]

[edit] JournoList
Main article: JournoList

******In February 2007 Klein created a Google Groups forum called "JournoList" for discussing politics and the news media. The forum's membership was controlled by Klein and limited to "several hundred left-leaning bloggers, political reporters, magazine writers, policy wonks and academics."[21] Posts within JournoList were intended only to be made and read by its members.[22] Klein defended the forum saying that it "[ensures] that folks feel safe giving off-the-cuff analysis and instant reactions". JournoList member, and Time magazine columnist, Joe Klein added that the off-the-record nature of the forum was necessary because “candor is essential and can only be guaranteed by keeping these conversations private”.[21]

The existence of JournoList was first publicly revealed in a July 27, 2007 blog post by blogger Mickey Kaus.[23] However, the forum did not attract serious attention until March 17, 2009 when an article was published on Politico that detailed the nature of the forum and the extent of its membership.[21] The Politico article set off debate within the Blogosphere over the ethics of participating in JournoList and raised questions about its overall purpose. The first public excerpt of a discussion within JournoList was posted by Mickey Kaus on his blog on March 26, 2009.[24]

Members of JournoList included, among others: Ezra Klein, Jeffrey Toobin, Eric Alterman, Paul Krugman, Joe Klein (no relation to Ezra Klein), Matthew Yglesias, and Jonathan Chait.

On June 25, 2010, Ezra Klein announced in his Washington Post blog that he would be terminating the Journolist group. This decision was instigated by fellow blogger Dave Weigel's resignation from the Post following the public exposure of several of his Journolist emails about conservative media figures.[25][26]*****

Klein had justified excluding conservative Republicans from participation as "not about fostering ideology but preventing a collapse into flame war. The emphasis is on empiricism, not ideology".[27]

[edit] Personal life
Klein is engaged to Annie Lowrey, an economics reporter at Slate.[28]

[edit] Awards
2007 The Hillman Prize, for "Tapped", The American Prospect.
[edit] Notes
^ The American Prospect political magazine.
^ a b c d Jaffe, Harry (2010-03-04). "Post Watch: Whiz Kid on the block". The Washingtonian. http://www.washingtonian.com/blogarticles/people/capitalcomment/15063.html. Retrieved 2011-01-30. 
^ "Ezra Klein: Religion Archives". Blog.prospect.org. http://blog.prospect.org/blog/ezraklein/religion/. Retrieved 2009-09-01. 
^ Ezra K blog.
^ Not Geniuses blog.
^ Ezra Klein blog.
^ "A Conversation With Political Blogger Ezra Klein of Pandagon". LAist.com. 2004-11-02. http://laist.com/2004/11/02/a_conversation_with_political_blogger_ezra_klein_of_pandagon.php. Retrieved 2011-01-30. 
^ Weiss, Joanna (May 10, 2004). "Blogs colliding with traditional media: Convention credentials expected for Web logs". Boston Globe. http://www.boston.com/news/local/articles/2004/05/10/blogs_colliding_with_traditional_media?mode=PF. Retrieved 2008-01-12. [dead link]
^ Carr, David (2006-09-11). "A Comeback Overshadowed by a Blog". New York Times. http://www.nytimes.com/2006/09/11/technology/11carr.html. Retrieved 2008-01-12. 
^ Goodbye post at Klein's old blog
^ Introductory post at the Washington Post
^ "Down with the GVP!". Washington Post. 2010-04-07. http://voices.washingtonpost.com/ezra-klein/2010/04/down_with_the_gvp.html. Retrieved 2011-01-30. 
^ Hagey, Keach (April 29, 2011). "Bloomberg View reveals columnists, editorial board". Politico.com. http://www.politico.com/blogs/onmedia/0411/Bloomberg_View_reveals_columnists_ed_board.html. Retrieved August 6, 2011. 
^ "Joe Lieberman: Let's not make a deal!". The Washington Post. http://voices.washingtonpost.com/ezra-klein/2009/12/joe_lieberman_lets_not_make_a.html. Retrieved 2010-05-03. 
^ Dorn, Stan. Uninsured and Dying Because of It: Updating the Institute of Medicine Analysis on the Impact of Uninsurance on Mortality. Urban Institute.
^ Jonah Goldberg (2009-12-15). "Lieberman Loves Death More than Ezra Klein Loves Life". The Corner. National Review Online. http://corner.nationalreview.com/post/?q=YzJlMDlhOWIzZmYwMWMyYzIzNTkyZWRmNWQ0YTQ2YmY=. Retrieved 2010-07-29. 
^ "The public option died last summer". The Washington Post. http://voices.washingtonpost.com/postpartisan/2009/12/the_public_option_died_last.html. Retrieved 2010-05-03. 
^ "Washington's Brat Pack Masters Media". The New York Times. 2010-03-25. http://www.nytimes.com/2011/03/27/fashion/27YOUNGPUNDITS.html?_r=1&adxnnl=1&pagewanted=2&adxnnlx=1301529679-mk6oLlEdLch/o9b3TPMRCQ. Retrieved 2011-03-31. 
^ Carney, Timothy (2011-02-28) Turns out ObamaCare might not save hundreds of thousands of lives, Washington Examiner
^ Ezra Klein (February 28, 2011). "Health care doesn't keep people healthy -- even in Canada" The Washington Post Accessed July 14, 2011.
^ a b c Michael Calderone (2009-03-17). "JournoList: Inside the echo chamber". The Politico. http://www.politico.com/news/stories/0309/20086.html. Retrieved 2009-03-30. 
^ JournoList Google Groups.
^ Mickey Kaus (2007-07-27). "Educating Ezra Klein". Slate (magazine). http://www.slate.com/id/2171362/#kleinklub. Retrieved 2009-03-30. 
^ Mickey Kaus (2009-03-26). "JournoList Revealed! Inside the Secret Liberal Media Email Cabal". Slate (magazine). http://www.slate.com/blogs/blogs/kausfiles/archive/2009/03/26/journolist-revealed-inside-the-liberal-media-email-cabal.aspx. Retrieved 2009-03-30. 
^ Klein, Ezra (June 25, 2010). "On Journolist, and Dave Weigel". The Washington Post. http://voices.washingtonpost.com/ezra-klein/2010/06/on_journolist_and_dave_weigel.html. Retrieved June 25, 2010. 
^ Keach Hagey, "David Weigel quits – and a debate begins, Politico.com, June 25, 2010. Retrieved 6-27-2010.
^ "EzraKlein Archive". The American Prospect. http://www.prospect.org/csnc/blogs/ezraklein_archive?month=03&year=2009&base_name=obligatory_journolist_post. Retrieved 2010-07-29. 
^ Klein, Ezra (2010-11-03). "Reconciliation -- and more". The Washington Post. http://voices.washingtonpost.com/ezra-klein/2010/11/reconciliation_--_and_more.html. Retrieved 2010-11-04. 
[edit] External links
 Biography portal
 Wikimedia Commons has media related to: Ezra Klein
Ezra Klein's blog at Washingtonpost.com
The American Prospect Ezra Klein page and writings
Ezra Klein's old blog at The American Prospect magazine
Ezra Klein's articles and essays published in various media
Video conversations and debates involving Ezra Klein on Bloggingheads.tv
Persondata
Name Klein, Ezra
Alternative names 
Short description 
Date of birth 1984-05-09
Place of birth Irvine, California
Date of death 
Place of death 

Retrieved from "http://en.wikipedia.org/wiki/Ezra_Klein"
View page ratingsRate this pageRate this page
Page ratings
What's this?Current average ratings.Trustworthy
 
Objective
 
Complete
 
Well-written
 
I am highly knowledgeable about this topic (optional)
I have a relevant college/university degreeIt is part of my professionIt is a deep personal passionThe source of my knowledge is not listed here I would like to help improve Wikipedia, send me an e-mail (optional)
We will send you a confirmation e-mail. We will not share your address with anyone. (Privacy policy)Submit ratings
 Saved successfullyYour ratings have not been submitted yetYour ratings have expired
Please reevaluate this page and submit new ratings.
An error has occured. Please try again later.Thanks! Your ratings have been saved.
Please take a moment to complete a short survey.
Start survey
Maybe later
Thanks! Your ratings have been saved.
Do you want to create an account?
An account will help you track your edits, get involved in discussions, and be a part of the community.
Create an account
orLog in
Maybe later
Thanks! Your ratings have been saved.
Did you know that you can edit this page?
Edit this page
Maybe later
Categories: 1984 births | American bloggers | Video bloggers | American journalists | American political writers | American Jews | Jewish agnostics | American agnostics | The Washington Post people | Newsweek people | Living people | Biography articles of living people | People from Irvine, California | University of California, Los Angeles alumni
Hidden categories: All articles with dead external links | Articles with dead external links from October 2010 | Articles with hCards | Persondata templates without short description parameter
3273  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The Fed, Monetary Policy, Inflation, US Dollar & other currencies, & Gold/Silver on: August 23, 2011, 02:13:49 PM
Well I am trying to figure out if a QE3 would be good for the country or just a poltical gimmick for Brock and or wall street:
http://finance.yahoo.com/blogs/breakout/markets-awaiting-fed-qe3-matter-153811266.html
3274  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Can Taiwan Escape China's Ever-Tightening Embrace? on: August 23, 2011, 11:04:00 AM
As I think Doug pointed out the threat to Taiwan is akin to Israel's situation: 

****Can Taiwan Escape China's Ever-Tightening Embrace?

By Doug Bandow | Forbes – 20 hrs agotweet4Share0EmailPrintRelated ContentCan Taiwan Escape China's Ever-Tightening Embrace?
Kinmen Island, Taiwan—A half century ago the world seemed poised for war over the island of Kinmen, known then as Quemoy.  Today Kinmen has become a transit point between Taiwan and China, as tourists tread where bombs once fell.  But this peaceful traffic also may threaten Taiwan, albeit in a very different way.

In 1949 the Communist Party pushed Chiang Kai-shek's Republic of China off the Chinese mainland.  Chiang retreated to the island of Taiwan, seized by Japan in 1895 and returned at the end of World War II.  The ROC also retained control of several smaller islands off the mainland's coast, including Kinmen.

The newly created People's Republic of China attempted to forcibly reclaim the latter in October 1949, but failed after a three-day battle.  After that a Chinese Cold War ensued, with the Communist regime periodically shelling Kinmen and threatening another invasion.

The Nationalist government developed a vast underground military complex and honeycombed the island with bunkers.  Up into the 1980s the island was under military administration and official visitors would be flown in low over the water in military aircraft.   Although no shots had been fired in years, the potential for war seemed real.

The PRC and ROC maintained dueling claims as the sole legitimate government of China, but the balance steadily shifted in favor of the former.  Even the U.S. eventually switched recognition, though it kept close, unofficial ties with Taiwan.

Beijing's economic success has transformed the competition between the two Chinas.  Fifteen years ago China responded to Taiwan's presidential election—won by Lee Teng-hui, a strong advocate of Taiwan's sovereignty—with conveniently timed "missile tests."  Since then the PRC has abandoned overt military pressure, while refusing to formally eschew the use of military force.


Thus, the mainland's mailed fist still lurks in the background.  Indeed, both nations are engaged in almost continuous military shadow-boxing.  With great fanfare China recently launched its first aircraft carrier, the Varyag.  I was visiting Taiwan in early August when the ship began its first sea trials.  On the same day, Taiwan's Ministry of National Defense highlighted its newest cruise missile, the Hsiuing Feng III, as an "aircraft carrier killer."

But overall, worried Lin Wen-cheng, executive director of the Institute for National Policy Research, "because the balance of military power has been changed in recent decades, it is very hard to resist pressure from the PRC."  Clearly international good will is no defense.  Wang Jin-pyng, president of the Legislative Yuan (or parliament), observed:  "because there is so much unpredictability in Mainland China our security cannot solely depend on Mainland China."

So Taiwan continues to purchase weapons from the U.S.  In fact, one of the sharpest disagreements between Washington and Beijing is over U.S. arms sales to Taiwan.  While breaking relations with the ROC more than three decades ago, Washington promised to continue supplying Taipei's military.  However, China has grown increasingly angry over American transfers; after the Obama administration announced its latest package last year the PRC temporarily cut bilateral military ties.

Now the Administration reportedly has decided against selling the F-16 C/Ds needed by Taiwan to contest air superiority over the Taiwan Strait.  Vice Defense Minister Yang Nien-Dzu (Andrew) expressed concern that without the newer planes "we lose our leverage and immediately face the challenge of fulfilling our responsibility of preserving peace and stability in the region."   The issue has a diplomatic impact as well.  Explained Ambassador Chen S.F. (Stephen), now at the National Policy Foundation, a stronger defense would enhance Taiwan's bargaining power:  "when we enter into political negotiations with the mainland we need to go into negotiations from a position of strength."

With the election of Ma Ying-jeou as president in 2008, Taipei changed course, moderating its push for recognition as a separate country.  For instance, no longer is Taiwan pursuing its hopeless quest to get back into the United Nations.

China also eased the diplomatic competition.  Both governments closed their checkbooks and ended their expensive use of foreign aid to add or subtract to the 23 small nations which now recognize the ROC.

Most significant, the two nations now emphasize economic and cultural interdependence.  Investment and trade originally developed through Hong Kong.  But eventually the two Chinas dropped the pretense (and expense) of indirect dealings.

Today 70 percent of Taiwanese investment goes to the Mainland, where nearly 100,000 Taiwanese businesses operate.  The PRC accounts for 41 percent of Taiwan's international commerce.


Economic ties would increase naturally, but both Chinas are accelerating the process.  Chao Chien-min, Deputy Minister of the Mainland Affairs Council, said that Taipei is "trying to change the relationship from a one-way street to a two-way street."  So far the two countries—they actually deal with each other through unofficial organizations since neither formally recognizes the other—have reached 15 cross-strait agreements on issues ranging from tourism to fisheries to crime.

Taiwan has steadily loosened restrictions on Chinese tourists, who have become a common sight at the National Palace Museum and elsewhere.  Some 5.71 million Mainland residents have visited Taiwan since July 2008.

The most important accord, finalized last year, is the Economic Cooperation Framework Agreement, which significantly lowered economic barriers.  Tariffs on hundreds of products will be eliminated over time.

These growing economic ties have profited both sides.  However, the PRC wants more than closer relations.  It wants sovereign control.  Although Beijing has suggested some form of autonomy for Taiwan, there is no doubt where ultimate authority would lie.

Yet as economic links have tightened, the Taiwanese people have moved in the opposite direction politically, ever more determined to retain their independence, de facto if not de jure.  The more they learn about the PRC, the less it seems they want to be ruled by Beijing.

Observed Huang W.F. (David) of National Taiwan University, "more and more Taiwanese realize that they are different than people from the Mainland."  But even if they were the same, why would 23 million people wish to submerge their prosperous and robust democracy in a nation of 1.3 billion, topped by an oppressive autocracy and threatened by violent social unrest?

However, ECFA "is all about politics," wrote John Lee of Sidney's Centre for Independent Studies.  In China's view "this is about enmeshing the two economies in such a way that Taiwan's future is tied to China's."

Which is precisely what Professor Huang fears:  "our autonomy is eroding through closer economic integration with China."  He predicted that "If this goes on for ten years, Taiwan will lose its autonomy."  Huang particularly pointed to Chinese influence over the media.  Hsiao Bi-khim, a former legislator and head of the opposition Democratic Progressive Party's Department of International Affairs, voiced similar concern, stating that "some of the media practices self-censorship" in hopes of profiting from Mainland business.


Government officials respond that Chinese visitors are impressed by Taiwan's open political process and its people's willingness to criticize political leaders.  Ambassador Chen argued that Taiwan "may be the only country which can impact the development of the Mainland."  In his view, Chinese visitors "want to see the way of life here," including Taiwan's democracy.  Ding Shuh-fan (Arthur) of the Institute of International Relations contended that the way 'to improve the situation is to make people in Taiwan more identify with Taiwan," in which case they will keep their autonomy.

On the other hand, it is hard not to feel that some of these arguments are born of desperation:  Ending economic ties with the PRC is inconceivable, ergo they must be beneficial.  Hsiao Bi-khim is less sanguine:  "Instead of Taiwan trying to change China, we see China trying to change Taiwan."  This fear, she claimed, has caused an increasing number of businessmen to secretly support the DPP.

How to best preserve Taiwan's autonomy is an important issue with legislative and presidential elections scheduled for January.  Traditionally the ruling Kuomintang, or KMT, insisted that the ROC was the rightful ruler of all China.  Today the KMT promotes Taiwan's separate existence, while pressing for a more conciliatory policy towards Beijing.  President Ma has espoused "no unification, no independence, and no use of force."

Economic integration, exemplified by ECFA, is the centerpiece of KMT policy.  President Ma declared:  "We have transformed the Taiwan Strait from a danger zone into a peace corridor."  And the process is not over.  Chao Chien-min said that "if President Ma is reelected the current pace will be continued."

What of political integration, as desired by the PRC?  Ambassador Chen said President Ma has refused to talk about reunification:  "Maintenance of the status quo is his top priority."  However, some question the KMT's commitment to Taiwanese sovereignty.  Hsiao Bi-khim said "The perception of our supporters is that Ma is getting too close to China" and they "suspect that Ma would move faster [if reelected] toward political integration."

The opposition DPP once formally advocated independence.  Today it reluctantly accepts the status quo, while pushing to enlarge Taiwan's international space.  The DPP has been critical of Taiwan's growing economic dependence on the PRC.

Nevertheless, DPP presidential candidate Tsai Ing-wen has pledged to continue negotiating with China, but without preconditions.  Chao was skeptical, contending that "if the opposition wins we are going to have a problem" since the DPP does not agree with the so-called "92 consensus," by which Beijing and Taipei fudged the status of Taiwan (one China, interpreted differently).  Without that agreement, he argued, the Chinese may not continue negotiations, since doing so could lead to charges "of accommodating Taiwan's independence."  Lin Wen-cheng similarly warned that "the PRC may grow frustrated and discontinue talks" in the event of a DPP victory.

However, Hsiao Bi-khim responded that the "so-called 92 consensus is a very weak foundation."  There was no real consensus in 1992 between Taipei and Beijing, she argued, and "there is no domestically agreed to consensus."  The only real consensus might be "between the KMT and the Chinese Communist Party."


She noted that the PRC could be expected to attempt to contribute to the DPP's defeat, as in the past, but that does not mean Beijing would not talk with a Tsai government.  Hsiao said there is "no way to come up with a formulation to make China happy, so we won't try to play with words."  Instead, "we need to deal with China and build a stable framework with each other."  She said that former President Chen, the first DPP president, tried to be flexible after his election in 2000, but the PRC "was not prepared to respond" and "the window of opportunity closed quickly."

As for ECFA and the other deals, "We would constantly review them to see if they benefit or hurt the national interest."  However, "whether we should change or even eliminate them is another question."  The issue, Hsiao explained, would "need to be addressed as part of the normal democratic process like any other international agreement."

Although the DPP has emphasized domestic economic issues, Lin Wen-cheng figures that the KMT will press Tsai to answer the China question.  Until now, he said, she "has tried to avoid any discussion of this."  Yet no one really expects the DPP, even if it wins the presidency and control of the legislature, to tear up existing economic accords.

Indeed, Chang Chung-Young of Fo Guang University predicted that even "if the DPP takes power next year they might change their perspective and not go back to the confrontational perspective of three years ago."  Chyungly Lee of National Chengchi University suggested that practical necessity would triumph:  "cross-strait economic relations are irreversible."  They "cannot be reversed."

He's almost certainly correct.  Who in Taiwan wants to give up the extra money earned from commerce and tourism?  Who in Taiwan wants to listen to a renewed litany of threats from Beijing?  Who on Kinmen wants to head back to a bomb shelter to escape an artillery barrage from the Mainland?

Whoever wins in January will face only difficult choices.  As Chao Chien-min acknowledged, "China is doing everything to exploit its strength."  Today that influence in Taiwan is more economic than military.

How can Taiwan escape Beijing's potentially suffocating embrace?  It won't be easy.  Government Information Minister Yang Y.M. (Philip) observed:  "We need to be prudent and patient in dealing with cross-strait relations" in order to "maintain our independence and prosperity."

The Taiwanese people have built an engaging, vibrant, and free society.  One can only hope that sufficient prudence and patience exists on both sides of the Taiwan Strait.****

3275  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Thoughts on QE3 on: August 23, 2011, 10:54:12 AM
US News & World Report  Home Money
 
Could QE3 Help the Economy?
Why another round of quantitative easing might not be a cure-all for the economy
By Meg Handley

Posted: August 11, 2011
Print
Related Articles
50 Best Funds for the Everyday Investor
8 Funds to Watch in 2011
Is Japan Now a Good Bet?
Find the Best Mutual Funds for You
A third bond-buying program by the Federal Reserve—or quantitative easing, as it's commonly called—is likely to resume by the end of the year or in early 2012, Goldman Sachs economists said in a report Wednesday. The forecast comes on the heels of the Federal Reserve's announcement Tuesday that it would keep rates steady at near-zero levels for the next two years.

 
"We have changed our call because [Tuesday's] statement suggests that the committee's reaction function to incoming economic news is more dovish than we had previously thought," said the report, which also cited remarks by the Federal Open Market Committee that it would employ additional policy tools if economic conditions deteriorated further.

While this might be welcome news for jittery investors clamoring for Fed intervention to help boost market confidence, experts caution that another round of quantitative easing wouldn't be a panacea for the ailing U.S. economy. Some critics say it would likely amount to just another Band-Aid on the economy's skinned knees.

[In Pictures: 6 Numbers Every Investor Should Follow.]

For starters, the global economic landscape is drastically different than it was when the Fed launched its second quantitative easing program, QE2, in November 2010. Since then, a series of temporary shocks—a catastrophic earthquake in Japan, debt-ceiling drama in Washington, and the sovereign debt crises in the eurozone, coupled with more fundamental economic maladies—have rocked the global financial system to its core. "The old rules we judge the economy by, the old rules we tried—they may not be completely applicable anymore," says Diane Swonk, chief economist at Chicago-based Mesirow Financial.

The challenges policymakers face differ tremendously as well. Back in 2010, deflation was the crisis of the moment, with markets fearing an unavoidable downward spiral of lower prices, weak demand, and massive lay-offs. Despite the many critiques leveled at the bond-buying program, QE2 seems to have staved off deflation, preventing a vicious cycle that could have plunged the United States into an even deeper recession.

Inflation is now the enemy. Through June, the Consumer Price Index (CPI), which measures the average change in prices of goods and services over time, has increased 3.6 percent over the past 12 months, according to the Bureau of Labor Statistics. (July's CPI is due next week.) At this time last year, the CPI was increasing at an annual rate of 1.1 percent. Core inflation—the index for all items, less food and energy—edged up to 1.6 percent in June, its highest reading since January 2010. (This measure is more closely tracked by the Fed.)

[See Inflation Stands in the Way of QE3.]

"QE2 prevented deflation, which would have been really bad for the jobs situation," says Guy LeBas, chief fixed-income strategist at financial-services firm Janney Montgomery Scott. "Right now the risk of deflation is pretty slim, so there's really no need to expand the [Fed's] balance sheet."

While the economy might have sidestepped a deflation disaster for the time being, a host of other grave economic problems confront the country, the most pressing being less-than-stellar growth over the past few years. According to recent government figures, GDP grew a meager 1.3 percent in the second quarter, revised downward from initial estimates of almost 2 percent. That figure comes on the heels of a stunningly low 0.4 percent GDP growth rate in the first quarter of the year. Exacerbating a situation already rife with uncertainty and angst, the debt-ceiling drama concluded with the first-ever downgrade of U.S. debt, sending shockwaves through equity markets worldwide.

The situation across the pond doesn't look much better. With much of Europe facing rampant public debt problems and equally serious, if not worse, projections for economic growth, investors are on the defensive, fleeing to ultra-safe investments and even cash, draining global equity markets and depressing business confidence and investment.
1 2
 > Reader Comments Read All 6 Comments
 Add Comment
 QE2
I find it humorous that the author writes "QE2 seems to have staved off deflation" and immediately follows that sentence with "Inflation is now the enemy." I guess it's too big of a leap to realize that QE2 actually caused all that inflation right.

I know it's too big of a leap for anyone at USNEWS to realize that deflation doesn't cause recessions. Stick to Keynes, he's done so well for us.

[report comment]
Joe of VA @ Aug 22, 2011 17:09:35 PM

QE3
What did Einstein say about the definition of Insanity

[report comment]
Mr.Wright of TX @ Aug 20, 2011 17:10:33 PM

Tell FED Infrastructure, Not QE3
The Warren Goup sent this letter to Ben Bernanke and the FED. They have not and can not rebuke the merit of it's simplicity and effectiveness. Please read this and give it traction by talking it up. It is a far more effective way to grow the economy than QE3 which just puts more money in the pockets of people who are not the least bit interested in GDP except as underlying assets for their derivatives.

http://www.themarketsvalue.com/2010/12/warren-capital-group-wealth-managers-letter-to-ben-bernanke-.html

3276  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / MLK memorial on: August 23, 2011, 10:14:50 AM
Wow.  Who designed this thing?  It is the ugliest memorial I have ever seen:

http://www.theleafchronicle.com/article/20110823/NEWS01/108230350/1002/rss
3277  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2012 Presidential on: August 23, 2011, 09:40:58 AM
JDN writes:

"Perry's dealings with Mexico seem to consist of complaining about the border."

Well yeah.  What else is he supposed to do JDN?  Look at Arizona.  They try to take up border security on their own and Brock takes them to court.

Well Gallup has Perry dead even in a poll for PResident with Brock!  He hasn't even gotten off the ground yet and the political assasination attempts by the Democratic party and the MSM so far are failing big time. 
Even Romeny is ahead  grin

3278  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Illogical on: August 23, 2011, 09:36:02 AM
"A dictator with American blood on his hands is about to be overthrown by a popular revolt invoking democratic principles. Not a single American has died in the effort"

No but thousands of Libyans have died.  All the US or one of the European countries had to do was assasinate Khaddafi.

Oh but "assasination" is against international law! rolleyes

So intead we give them weapons, throw in a few bombs missles and let them kill each other for some crazy legal argument?

The logic is all twisted and pathetic in my view.

3279  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2012 Presidential on: August 22, 2011, 01:16:52 PM
"Newt is pulling a Newt, but he also is a historic figure and brings something of substance to the stage."

Yes.  He made a fantastic point about the absurdity of the NEW 6 person "bipartisan" debt panel in advance.

This is genius to cut off the political fiasco of it all by the knees even before it gets off the ground.

The whole idea of it is nonsense and a waste of time.  We know what they are going to say.  It has all been said before and it is just horse BM.

Newt was brilliant to point it out now so the Repubs can right off the bat let it be known they are not going to be taken for any rides along the socialist pathway based on some silly debt panel commission.   

I think Jeb Bush is on the cable again tonight.  This is as far as I know the second time on.  I wonder if he is trial ballooning.

I agree with Doug's point that G senior was a first rate diplomat but a so so Pres.  W. was great with 9/11 but left a big mess after that.  Not all his fault of course but...

As for Jeb he may be too moderate but he didn't sound like that a few weeks ago.  He was liked in Florida when I lived there.

I remember seeing him campaign with W in Orlando.  Most importantly Bo Derek was on stage with them. grin
3280  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Immigration issues on: August 21, 2011, 03:12:33 PM
Doug writes Hispanics vote 40/60 Rep/Dem.  I find it hard to believe that most illegals, if had the chance to vote (some I bet do already) would vote Rep at a rate as high as 40% yet this from Barone?Rasmussen:

 ****GOP Shouldn't Panic If Whites Become a Minority
A Commentary By Michael Barone
Monday, April 04, 2011 Email to a Friend ShareThisAdvertisement
 Are whites on the verge of becoming a minority of the American population? That's what some analysts of the 2010 Census results claim. Many go on, sometimes with relish, to say that this spells electoral doom for the Republican Party.   

I think the picture is more complicated than that. And that the demise of the Republican Party is no more foreordained than it was a century ago when Italian, Jewish and Polish immigrants were pouring into the United States in proportions much greater than the Hispanic and Asian immigration of the past two decades.   

The numbers do appear stark. The Census tells us that 16 percent of U.S. residents are Hispanic, up from 13 percent in 2000 and 9 percent in 1990, and that 5 percent are Asian, up from 4 percent in 2000. The percentage of blacks held steady at 13. Among children, the voters of tomorrow, those percentages are higher.   

But it's a mistake to see blacks, Hispanics and Asians as a single "people of color" voting bloc. The 2010 exit poll shows that the Republican percentages in the vote for the U.S. House were 60 percent among whites, 9 percent among blacks, 38 percent among Hispanics and 40 percent among Asians.   

Simple arithmetic tells you that Hispanics and Asians vote more like whites than like blacks. The picture is similar in the 2008 exit poll.   

Moreover, while blacks vote similarly in just about every state, there is wide variation among Hispanics. In 2010 governor elections, Hispanics voted 31 percent Republican in California, 38 percent Republican in Texas and 50 percent Republican in Florida (where Cubans are no longer a majority of Hispanics).   

As RealClearPolitics senior political analyst Sean Trende has written, Hispanics tend to vote 10 percent to 15 percent less Republican than whites of similar income and education levels. An increasingly Hispanic electorate puts Republicans at a disadvantage, but not an overwhelming one.   

The same is true of Asians. In 2010, Democratic Sen. Harry Reid got 79 percent from Asians in Nevada, where many are Filipinos. But the Asians in Middlesex County, N.J., most of whom are from India, seem to have voted for Republican Gov. Chris Christie in 2009.   

The 2010 Census tells something else that may prove important: There's been a slowdown of immigration since the recession began in 2007 and even some reverse migration. If you look at the Census results for Hispanic immigrant entry points -- East Los Angeles and Santa Ana, Calif., the east side of Houston, the Pilsen neighborhood in Chicago -- you find that the Hispanic population has dropped sharply since 2000.   

One reason is the business cycle. The 2000 Census was taken on April 1, 2000, less than a month after the peak of the tech boom. Unemployment was low, immigration was high, and entry-point houses and apartments were crammed with large families. 

The 2010 Census was taken after two years of recession, when immigration had slackened off. We simply don't know whether this was just a temporary response to the business cycle or the beginning of a permanent decline in migration.   

Past mass migrations, which most experts expected to continue indefinitely, in fact ended abruptly. Net Puerto Rican migration to New York City stopped in 1961, and the huge movement of Southern blacks to Northern cities ended in 1965. Those who extrapolate current trends far into the future end up being wrong sooner or later. 

Finally there is an assumption -- which is particularly strong among those who expect a majority "people of color" electorate to put Democrats in power permanently -- that racial consciousness never changes. But sometimes it does. 

American blacks do have common roots in slavery and segregation. But African immigrants don't share that heritage, and Hispanics come from many different countries and cultures (there are big regional differences just within Mexico). The Asian category includes anyone from Japan to Lebanon and in between. 

Under the definitions in use in the America of a century ago, when Southern and Eastern European immigrants were not regarded as white, the United States became a majority non-white nation sometime in the 1950s. By today's definitions, we'll become majority non-white a few decades hence.   

But that may not make for the vast cultural and political change some predict. Not if we assimilate newcomers, and if our two political parties adapt, as we and they have done in the past.   

Michael Barone, senior political analyst for The Washington Examiner, is a resident fellow at the American Enterprise Institute, a Fox News Channel contributor and a co-author of The Almanac of American Politics.

COPYRIGHT 2011 THE WASHINGTON EXAMINER
Rasmussen Reports Platinum Members get an all-access pass to polling news, analysis and insight not available to the general public.

Scott Rasmussen, president of Rasmussen Reports, has been an independent pollster for more than a decade. To learn more about our methodology, click here.
TOP STORIES
©2011 Rasmussen Reports, LLC****
3281  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Bin Laden death photo on: August 20, 2011, 11:32:08 AM
Drugereport reveals POTUS has decided to release Bin Laden death photo.

For the life of me I cannot understand why NOW.  Absolutely no one I know or have read or seen is questioning if Bin Laden is dead or not. 

This has to be a political decision.  Like to remind us what a great military leader he has been because "he" got the guy.

As far as I am concerned I don't need to see the photo.

As far as I am concerned this won't help this guy in the polls.

Wow is he desparate or what?

Even Jimmy Carter was not this bad.
3282  Politics, Religion, Science, Culture and Humanities / Politics & Religion / cynical cannot barely begin to explain Brock on: August 18, 2011, 07:36:27 PM
From my post of July 15:

"Mark my words if Brock loses we will see him pardon every illegal here and around the world.  That will be HIS payback."

Fast forward to present.

Well since he is cratering in the polls (along with the country) he has decided not to wait to start the pardon process.
Just as he finishes his "bus tour" of those gun and religion "clinging" middle America types he pulls
this proverbial "eat me" or "middle finger" to conservatives:

****New DHS Rules Cancel Deportations – Washington Times

The Homeland Security Department said Thursday it will halt deportation proceedings on a case-by-case basis against illegal immigrants who meet certain criteria such as attending school, having family in the military or are primarily responsible for other family members’ care.

The move, announced in letters to Congress, won immediate praise from Hispanic activists and Democrats who had chided President Obama for months for the pace of deportations and had argued he had authority to exempt broad swaths of illegal immigrants from deportation.

“Today’s announcement shows that this president is willing to put muscle behind his words and to use his power to intervene when the lives of good people are being ruined by bad laws,” said Rep. Luis V. Gutierrez, Illinois Democrat.

In the letters to Congress, Homeland Security Secretary Janet Napolitano said her department and the Justice Department will review all ongoing cases and see who meets the new criteria on a case-by-case basis.

“This case-by-case approach will enhance public safety,” she said. “Immigration judges will be able to more swiftly adjudicate high priority cases, such as those involving convicted felons.”

The new rules apply to those who have been apprehended and are in deportation proceedings, but have not been officially ordered out of the country by a judge. Miss Napolitano said a working group will try to come up with “guidance on how to provide for appropriate discretionary consideration” for “compelling cases” in those instances where someone has already been ordered deported.

It was unclear how many people might be affected by the new rules, though in fiscal year 2010 the government deported nearly 200,000 illegal immigrants who it said did not have criminal records.

The Obama administration has argued for months that it did not have authority to grant blanket absolution, and Miss Napolitano stressed that these cases will be treated individually, though the new guidance applies across the board.

In June, U.S. Immigration and Customs Enforcement, the agency that handles interior immigration law enforcement, issued new guidance expanding authority to decline to prosecute illegal immigrants. The goal, ICE leaders said, was to focus on their priority of catching illegal immigrants who have also committed other crimes or are part of gangs.

The chief beneficiaries of the new guidance are likely to be illegal immigrant students who would have been eligible for legal status under the Dream Act, which stalled in Congress last year.

“Today is a victory not just for immigrants but for the American people as a whole because it makes no sense to deport Dream Act students and others who can make great contributions to America and pose no threat,” Mr. Gutierrez said. “It is not in our national interest to send away young people who were raised in the U.S. and have been educated here and want only to contribute to this country’s success. “

Senate Majority Leader Harry Reid, a Nevada Democrat who earlier this year wrote asking Homeland Security to exempt illegal immigrant students from deportation, said the move will free up immigration courts to handle cases involving serious criminals.

Both men said, though, that they will continue to push for legislation that would grant a path to citizenship to illegal immigrants and expands new pathways for more immigrants to come legally in the future.

But groups pushing for a crackdown on illegal immigration said the administration’s move abused the Constitution by usurping a power Congress should have.

“Supporters of comprehensive and targeted amnesties for illegal aliens have consistently failed to win approval by Congress or gain support from the American public,” said Dan Stein, president of the Federation for American Immigration Reform. “Having failed in the legislative process, the Obama administration has simply decided to usurp Congress’s constitutional authority and implement an amnesty program for millions of illegal aliens.”****

3283  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: Media Issues on: August 18, 2011, 05:19:58 PM
Doug,
Which bus do you think Brock is in the black one or the red one?  Or neither?   undecided
Maxine Waters is pissed his tour didn't go through urban Black communities.   tongue
Hell he knows her crowd is going to vote for him.

What does she think?
3284  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2012 Presidential on: August 18, 2011, 03:10:16 PM
"Gore was then considered the most conservative of the Dems running"

I recall listening to Gore back then and he did not sound like the Gore of Clinton.  He did sound strong on defense and social values.

The only conceivable Rep candidate I would have trouble voting for Ron Paul.

To vote for him I would have to decide to allow Israel to be destroyed or vote against a Republican.

It is analogous to the situation that liberal American Jews are in now.  They apparantly decided to support their party over Israel.

For me to vote for Ron Paul would be the same for me. 

He has made his intentions over Israel clear.  Additionally I suspect though I guess I have little evidence he simply does not like Jews.

3285  Politics, Religion, Science, Culture and Humanities / Politics & Religion / US Muslims in love with Obama on: August 16, 2011, 01:47:18 PM
Yet my fellow Jews are not too far behind smiley

****(CNSNews.com) -- Eighty percent of Muslim Americans approve of the way Barack Obama is handling his job as president, according to a newly released survey conducted by the Abu Dhabi Gallup Center, a partnership between Gallup and the Crown Prince Court of Abu Dhabi.

According to the survey, 65 percent of Jewish Americans approve of the job Obama is doing; 60 percent of atheists, agnostics, and those of no religion approve; 50 percent of Catholics approve; 37 percent of Protestants approve and 25 percent of Mormons approve.

Although published this month, the survey of Muslim Americans was actually completed on April 9. (In Gallup’s overall polling in the week that ended April 10, Obama’s approval was at 45 percent, slightly higher than the 42 percent it hit last week.)

Obama’s approval among Muslim Americans has declined since 2009 but still remains far higher than the approval President George W. Bush’s won among Muslim Americans in 2008.  In that year, only 7 percent of Muslim Americans said they approved of the job Bush was doing.

In 2009, 84 percent of Muslim Americans said they approved of the job Obama was doing. That dropped to 78 percent in 2010 and then rose to 80 percent this year.

The Abu Dhabi Gallup Center says it interviewed 3,883 self-identified Muslim Americans between Jan. 1, 2008 and April 9, 2011 to get its polling trends in that community. The interviews were part of Gallup’s ongoing polling of at least 1,000 American adults 350 days per year.****

3286  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The Fed, Monetary Policy, Inflation, US Dollar & other currencies, & Gold/Silver on: August 16, 2011, 12:59:45 PM
I've read but cannot find citation wherein 1 out of 3 NJ residents on public money, soc sec, medicare, medicaid, food stamps, pensions etc.

As for Brocks approval rating it is down 6% in Jersey yet still he holds 54% approval according to a poll in the Home Tribune:

***Poll shows lower approval rating from N.J. residents for Obama
10:34 AM, Aug. 10, 2011  |  10Comments
 New Jerseyans are split over how President Barack Obama handled debt ceiling talks. / The prolonged battle over the nation's debt ceiling has taken a toll on President Obama's approval rating in New Jersey, with 54 percent of residents saying they like the president's job performance, a Monmouth University/NJ Press Media poll showed.

That's down six points from his all-time high of 60 percent in May, in a survey taken shortly after the U.S. killed Osama bin Laden.

Thirty-seven percent of all adults surveyed disapprove of Obama's job performance, while 39 percent of registered voters give the president low marks.***

To think that 54% of people in NJ STILL approve of Brock is incredible.  They want their entitlements which continues to expand.That is why it is remarkable we could possibly have a governor with an R before his name and why he would likely commit political suicide if he was a "strict" conservative.  I am not sure which is worse Kalifornia or Jersilicious.

As for the printing of money increase,
I wasn't cirticizing Scott Grannis piece what I meant was I look at it as a bad thing.  I just don't understand how endlessly printing money M2 can be without any consequences.  I don't know if Scott thinks it good bad or indifferent.  This was my concern though I am obviously not too privy on economics.  Yet I also read economists are also varied in opinions and usually cannot predict much either.

3287  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Public unions holding NY/NJ hostage again on: August 16, 2011, 11:37:40 AM
Public unions holding taxpayers hostage again.  Commuters travelling between NJ and NY should pay $15 now?  to pay for their benefits and pensions.  Folks this has to go.  The country is broke and I resent it.  Why doesn't  Buffet set up a multibillion $ fund for these public union people.  He is such a good Demorat (I mean "crat"):

****Toll Increase JERSEY CITY, NJ (CBSNewYork) - Commuters accustomed to forking it over at various Hudson River crossings are telling the Port Authority Of New York and New Jersey what they think of proposed toll and fare increases.

The Port Authority is holding nine public hearings Tuesday on the proposed increases, which will affect bridges, tunnels and PATH trains.

1010 WINS’ Steve Sandberg reports: Both Sides Sound Off In Jersey City

Union laborers donned in bright orange shirts came by the busloads to voice their support of the hikes in Jersey City while some commuters spoke out in opposition.

“We cannot afford not to make these investments because we need the jobs,” one worker said.

Those speaking out against the proposal say the unions are being used as pawns to exploit other working people who can’t afford the increase.

“This is outrageous and greedy,” one woman said.

One Jersey City man even called the public hearings a sham.

“They’re being held in a place that nobody can find, they’re being held at a time that nobody can come,” he said.

1010 WINS’ Terry Sheridan reports: Large Union Turnout On Staten Island

About 100 people packed the hearing at the Port Ivory facility on Staten Island — the majority of them from the union.

“Nobody wants to pay more for everyday activities but there’s also no such thing as a free lunch,” Michael Maguire, of the Mason Tenders District Council, said.

The agency says it needs the additional revenue the hikes will generate to pay for a new 10-year capital investment plan, maintain security, and complete the over-budget World Trade Center.

Union members pack a hearing on Port Authority toll hikes - Jersey City, NJ - Aug 16, 2011 (credit: Peter Haskell / WCBS 880)

Among the details of the proposed hike:

EZ-Pass peak tolls would increase from $8 to $12 this year, and to $14 in 2014
EZ-Pass off-peak tolls would increase from $6 to $10 this year, and to $12 in 2014.
Cash tolls would increase from $8 to $15 this year, and to $17 in 2014.
Governors Andrew Cuomo and Chris Christie are both opposed to the proposal. Cuomo called it “A non-starter for obvious reasons,” while Christie said simply “You’re kidding, right?”

WCBS 880′s Peter Haskell: Compelling Arguments On Both Sides

Some motorists are disgusted by the toll hike.

“Unemployment is up and they’re continuing to raise everything,” David Lechese said. “What do we do to survive everyday? Gasoline prices, tolls, public transportation, food costs, energy costs — everything is going up.”

The Verizon strike is one thing since it is a private company the public unions have got to go and stop holding taxpayers hostage.
This is crazy:

***Union members pack a hearing on Port Authority toll hikes - Jersey City, NJ - Aug 16, 2011 (credit: Peter Haskell / WCBS 880)

Angela McBryan said she is barely scraping by as it is and now the Port Authority wants to take any spare cash she might have.

“We can’t afford to go over the bridge so we just avoid it,”McBryan said.

CBS2 HD reported that the Port Authority is actually seeking a lower hike, and proposed such a steep raise to provide elected officials the political breathing room to approve any increase at all.

The plan goes up for vote on Friday. The governors can veto it within 10 days.****
3288  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / 90 minutes week increas longevity on: August 16, 2011, 11:11:49 AM
I guess my only question is the extra three years of life span spent on the treadmill  smiley:

****15 Minutes' Daily Exercise May Boost Life Expectancy By Three Years.
ABC World News (8/15, story 9, 0:30, Sawyer) reported, "If you need any more convincing that a little bit of exercise can make a huge difference in your life, here's some powerful new proof: A study in the medical journal Lancet looked at 400,000 people and found just 15 minutes of exercise a day increases life expectancy three years."

        The AP  (8/16, Chang) reports that "researchers at the National Health Research Institutes in Taiwan" noting that World Health Organization guidance  , CDC recommendations  , and guidelines from "other countries recommend that adults get at least a half-hour of moderate workout most days of the week," conducted the study to determine whether "exercising less than the recommended half-hour was still helpful." They asked "about 416,000 Taiwanese adults" how much exercising they "did the previous month" and recorded study participants' "progress for eight years on average." The research team found those who "exercised just 15 minutes a day -- or 90 minutes a week -- cut their risk of death by 14 percent" compared with those who did not exercise; and both men and women "benefited equally" from exercising.****

3289  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / Re: Archaeology on: August 16, 2011, 11:06:39 AM
ancient UFC like statue:

http://www.ynetnews.com/articles/0,7340,L-4109238,00.html
3290  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The Fed, Monetary Policy, Inflation, US Dollar & other currencies, & Gold/Silver on: August 16, 2011, 10:53:42 AM
"No matter how you look at it, this is a major event"  huh

Why can't the Fed just print the money and hand it out to ordinary citizens?

Can't we spend the money better than them?

It would "stimulate" consumers and of course isn't that what the US is a country of sales?

Just give all of us a mill and we all go shopping.

OTOH we are kind of doing that with the welfare state.  1 out of three New Jersians are on the dole.

That is why Brock has an approval rating of 54% in the Jersey shore Jersilicious state. sad

3291  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: China on: August 15, 2011, 06:04:14 PM
GM,
That was a quote from the article in Economist not me.
3292  Politics, Religion, Science, Culture and Humanities / Science, Culture, & Humanities / Economist on No child left behind on: August 15, 2011, 01:51:07 PM
 No Child Left Behind
Testing times
Deadlock over standards in schools
Aug 13th 2011 | NEW YORK | from the print edition
 
SEVENTEEN months ago Barack Obama sent Congress a proposal to revamp the No Child Left Behind Act (NCLB), one of George Bush junior’s cherished policies. In March Mr Obama said he wanted to see a new version of the act in place before the new school year began. Even though “Back to School” sales signs are already in shop windows, there has been little movement on Capitol Hill. Fed up with waiting, Arne Duncan, the secretary of education, said this week that he will start releasing states from the need to comply with NCLB.

When Mr Bush signed NCLB a decade ago, with support from both sides of the aisle, it decreed that 100% of students should be reading and doing mathematics at the appropriate level for their ages by 2014. Sadly 82% of America’s public schools are at risk of failing to meet those targets. States are now worried that they will lose vital federal funding because the NCLB connects aid with test results.

The main reason why American schools do badly is poor teaching. NCLB has helped point this out. But it also produces distortions. Nobody can excuse school districts that have resorted to cheating to pass the tests. But others found that when they raised their standards, they saw test scores fall. In Tennessee, for example, results showed 91% of students were proficient in maths; after the state raised its standards, scores fell to 34%. Instead of recognising the improvements, the current law penalises Tennessee for the poor scores. NCLB has in fact long been criticised for its reliance on tests and not enough on progress. One study examined the first five years of NCLB and found that while more time was devoted for tested subjects, other subjects such as science and art were cut, on average by 30 minutes a day.

In this section
Looking for someone to blame
End of a fantasy
»Testing times
 
Unexpected consequences
Some justice at last
Lock and load
Who isn’t coming for dinner
ReprintsMr Duncan has already spoken to more than 30 governors about issuing waivers from NCLB. Most want them. The waivers will still demand accountability, but allow much more flexibility. Where there’s a high bar, Mr Duncan says he wants to “get out of their way and let them hit that higher bar”. Specifics will be released in September, but the waivers will probably reflect reforms already rewarded in the Obama administration’s “Race to the Top” programme for educational grants. These include evaluating teachers.

The White House sees the waivers as merely being a bridge to congressional action. But John Kline, the chairman of the House education committee, is worried that they may instead undermine his committee’s efforts to rewrite the original bill. Jamie Gass of the Centre for School Reform at Boston’s Pioneer Institute concedes that Mr Duncan has the power to grant waivers from NCLB, but reckons that he cannot tie the waivers to conditions that have not yet been sanctioned by Congress.

Mike Petrilli of the Fordham Institute in Washington, DC, says there is no question that the states need relief from the original NCLB, but thinks that Mr Duncan is being politically tone-deaf. The row, Mr Petrilli reckons, could jeopardise other education programmes backed by the administration. That is overstating it. There will be opposition, particularly from conservatives, but Mr Duncan was right not to wait for Congress to act. Otherwise, he would have been kept waiting a long time.

from the print edition | United States
3293  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Aircraft carrier on: August 15, 2011, 01:48:43 PM
China’s aircraft-carrier
Name and purpose to be determined
The Chinese navy takes a much-heralded step forward but its intentions are vague
Aug 13th 2011 | BEIJING | from the print edition
 

 It’s definitely big, and it floats
ON AUGUST 10th, after years of secretive work, the Chinese navy launched its first aircraft-carrier on its maiden voyage. The Chinese media hailed the vessel as a sign of China’s emergence as a sea power, one they insist has only peaceful intent. Its neighbours are not so delighted.

State-controlled media had been predicting the ship’s imminent launch for weeks, prompting Chinese military enthusiasts to converge on the north-eastern port city of Dalian in the hope of seeing it set out. One newspaper said a fire escape on a nearby IKEA store was a good vantage point, but the Chinese navy kept quiet about when the date would be.
It has reason to be diffident. The ship is hardly a symbol of China’s prowess in technology. It was bought in 1998 from Ukraine, where it had been rusting half-finished since its first launch a decade earlier. The Ukrainians were told it would be used as a floating casino (they sold it without weapons or engines). But unlike two other ex-Soviet carriers in China that ended up as theme parks, this one was taken to a navy shipyard where, in 2005, it got a telltale coat of Chinese military paint. It was not until July that China confirmed it had been refitting the ship.

China has been mulling plans to build an aircraft-carrier since at least the 1970s. Officials debated how useful one would be in a conflict over Taiwan, the military planners’ main preoccupation until a few years ago. Land-based aircraft and missiles could be deployed easily across the Taiwan Strait. But in the past decade China has become more focused on acquiring the means to project power farther afield, the better to defend shipping lanes, it says, and to help relief efforts.

Other countries in the region believe China also wants to assert territorial claims in the South China Sea more vigorously. Vietnam and the Philippines have been complaining in recent months about what they see as a more aggressive posture by China in that area. There had been speculation that the aircraft-carrier would be launched in time for the Communist Party’s 90th birthday on July 1st. It is possible that its leaders decided that a lower-key affair a few weeks later might avoid stoking the neighbours’ suspicions.

For the time being the region’s pre-eminent naval power, America, is showing little sign of concern. The Chinese carrier’s actual deployment might yet be years away. China will take longer still to gain the expertise needed to deploy a carrier-based battle group, with all its supporting vessels. It is reportedly building two more aircraft-carriers (from scratch, this time). But the Americans worry more about other bits of China’s rapidly improving arsenal, from carrier-busting missiles to submarines and land-based fighter jets.

Unlike the Soviets, the Chinese appear not to be trying to match the size and capability of America’s huge fleet. Officials describe the aircraft-carrier programme partly as a prestige project. China has been acutely conscious of being the only permanent member of the United Nations without a carrier. Its rival India has long had one. Thailand has one too. Japan, another rival, has a carrier for helicopters that could be adapted for fighters.

China’s ship does not yet have a name. In Soviet hands it was the Varyag (a sister ship is the only operational carrier in Russia’s navy). Chinese internet users have made many suggestions. Some believe it should be named after a province. Chinese heroes are also popular, especially Shi Lang, a Chinese admiral who conquered Taiwan in the 17th century. Officials would be wise to avoid that one.

from the print edition | Asia

3294  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Economist Wisconsin recall failure on: August 15, 2011, 01:45:55 PM
Wisconsin’s recall vote
End of a fantasy
A backlash against the state’s feisty conservatives fizzles out
Aug 13th 2011 | FOND DU LAC, WISCONSIN | from the print edition
 
IN A neighbourhood of double garages and tightly cropped lawns, a woman stops her car in the middle of the road and leaps out to tell Randy Hopper, her state senator, how strongly she supports the reforms he and other Republicans legislators have championed in Wisconsin. There were not enough such voters to save Mr Hopper, who was turfed out of office in the middle of his term in a recall election this week. But there were enough of them to deny Democrats the majority they were seeking in the state Senate, and to dampen hopes on the left that aggrieved public-sector workers could restore their electoral fortunes nationwide next year.

In February the Republicans who control the state legislature had tried to push through a “budget repair” bill which aimed to reduce spending in part by severely restricting collective bargaining for the public sector. Government employees were to be stripped of any say in their benefits, while their pay, in future, would rise no faster than the consumer price index. The Democratic minority in the Senate, lacking the votes to block the bill, instead fled the state, depriving the chamber of a quorum. It was only after the Republicans worked out a parliamentary manoeuvre to get around the quorum requirement and pass the collective-bargaining reforms, three weeks later, that they returned, vowing to use every means at their disposal to avenge the Republican assault on labour.

One of those tools is recall elections, which Wisconsin allows for any public official, provided that they are at least a year into their current term and enough voters sign a petition. The main object of the Democrats’ ire, Governor Scott Walker, had been elected barely three months prior to the beginning of the row, as had all of the state representatives and half of the state senators; they cannot yet be recalled. So the Democrats focused instead on recalling the eight Republican senators over a year into their terms who had voted for the reforms. The Republicans, not to be outdone, decided to try to recall eight Democratic senators who had absconded.

The Democrats only managed to drum up enough signatures to force six of the Republicans to face the voters again, on August 9th. Had they won three of those races, they would have gained control of the Senate, which would have allowed them to stymie any new Republican initiatives they disliked. In the end, however, they won only two. Moreover, two Democrats face recalls of their own next week, which could conceivably take the two parties back to square one.

The Democrats argue that it was a victory simply to get sufficient numbers of voters worked up enough to force the recall elections in the first place. The Republican senators whom they took on were last elected in 2008, a good year for Democrats, so were always going to be hard to dislodge. There clearly has been a small swing in the Democrats’ favour since 2008, and a bigger one relative to their dire showing in 2010. But their failure to win a more sweeping victory nevertheless puts paid to their claim that a clear majority of ordinary Wisconsinites find the governor’s agenda too extreme.

What all this means for the rest of the country is unclear, to say the least. The dispute has definitely riled many in Wisconsin: turnout was much higher than in most special elections. But it was still lower than in a typical presidential year. That makes it hard to infer anything much about next year’s elections, when voters are likely to be more numerous but perhaps less inflamed. One thing seems certain, however: the Democratic fantasy of an irresistible leftward swing among voters outraged by Republican extremism is just that.

from the print edition | United States

3295  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2012 Presidential on: August 13, 2011, 11:07:12 AM
Well we are seeing the Crat talking points:

"Save and protect the middle class"

"Save and protect Medicare and Social Security"

And make the "rich" and "corporations" pay "their fair share".

The Republican who can effectively counter these Crat lines will win and crush Brock. 

I guess they will play the racial ethnic cards too.  However this is losing credibility except with the die hard white haters.

The women card? is probably caput too.
3296  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2012 Presidential on: August 12, 2011, 05:11:20 PM
"The former Minnesota governor with a genuine record of accomplishment must be asking himself how he got to this point. He was no doubt told he had to challenge Ms. Bachmann so he doesn't finish behind her in Saturday's Iowa straw poll, but the inevitable result was that he looked smaller than he is."

I think Tim would be better off just forgeting Bachman and taking it right to Brock.  Highlight his strong points and why he can straighten out the country.  Bachman will likely eventually self destruct or become moot as people see being stubburn alone is not enough.   I am still scratching my head at Morris calling her a "genius".  I must be missing something.

I notice Gigot totally ignores Newt.  If Newt keeps doing what he did last night than that will be proven a mistake.



3297  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: 2012 Presidential on: August 12, 2011, 03:42:38 PM
JDN,
You make sense   shocked when you point out that in the primary debates they should be attacking each other in an effort to set themselves apart from the rest of the pack.
However, for me personally I want to see who is best to lead the country and beat Obama.  To me whoever can display this skill/feat/ability or whatever you want to call it is who I am voting for.

Like Doug pointed out who is best to stand right up next to Obama point out why the direction he is taking us is into a deep ditch and how they will right the ship around.  Or another way who can highlight the contrast between bigger government and smaller government personal freedom etc.

Last night I thought Newt did that well.  Romney looked like he could do it.  Even  Santorum sounded good in that regard.

Indeed one thing I came away with was a lot more confidence and good feelings that whoever wins the Rep party will be able to take Brock apart.

The three on the bottom were Cain, Huntsman, and Paul - the latter states "so what if Iran gets nucs" - as a Jew - a total non starter for me. 
3298  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Congressman's grandson pulled out gun to save family on: August 12, 2011, 01:34:47 PM
Man arrested for invasion of congressman's Iowa home
77-year-old Rep. Boswell fought off man who attacked daughter
Below:
Rep. Leonard Boswell, D-Iowa, helped fight off an invader at his farm house on Saturday night. msnbc.com staff and news service reports
updated 7/19/2011 4:09:02 PM ET 2011-07-19T20:09:02 Font: + - DES MOINES, Iowa — One man has been arrested, and a warrant issued for another in an attack at Iowa Congressman Leonard Boswell's home Saturday night, according to a report in the Des Moines Register.

The alleged getaway driver, Cody John Rollins, 19, of Lamoni, Iowa, was arrested Monday, according to Decatur County Sheriff Herbert Muir. The alleged intruder, David Palmer Dewberry, 20, of Fremont, Neb., has a warrant out for his arrest.

The intruder is the son of a family friend, reported the Des Moines Register. Police asked the public to be on the lookout for Dewberry, who could be armed and dangerous.

According to online court records, Dewberry has a record. He was charged with third-degree theft in 2009 in juvenile court. He will face felony charges of burglary and assault while committing a felony if arrested, police said.

Boswell, an eight-term congressman helped fight off an armed man, allegedly Dewberry, who invaded his farm house in Decatur County and attacked his daughter on Saturday night, according to a statement from his office.

The attack occurred around 10:45 p.m. on Saturday at a farm in Lamoni, where Boswell, a 77-year-old Democrat who represents Iowa's third congressional district, was spending the weekend with his wife, Dody, 77, daughter, Cynthia Brown, and grandson, Mitchell Brown, 22.

"The intruder entered the front door of the farm house and physically assaulted Cindy while demanding money at gunpoint," read the statement from Boswell's office.

Advertise | AdChoicesAdvertise | AdChoicesAdvertise | AdChoicesAfter hearing his daughter's screams, the congressman "entered the walkway of their house and immediately went for the guy's gun and was wrestling with him. They were both on the ground," Boswell's chief of staff Grant Woodard told local news station KCCI.

While the two scuffled, Boswell's grandson Mitchell grabbed a loaded .12-gauge shotgun from a nearby room and confronted the intruder, who then fled into the surrounding field and reportedly was still on the run.

"That was my daughter. This guy had his hand on her throat and a gun to her face. If he was going to shoot somebody, I preferred that he shoot me," Boswell said in an interview with easterniowagovernment.com.

Boswell praised his entire family for their "grit" and "determination" in fighting off the attacker.

Only on msnbc.com Updated 116 minutes ago 8/12/2011 4:34:25 PM +00:00 Is culture mutual of respect what UK needs?  Is your ISP cheating you out of bandwidth? Four storylines to watch in GOP debate US ballerinas leap at chance to train in Moscow 
Corbis file Drug patches pose overlooked danger to kids 
Brigham and Women's Hospital Chimp attack victim reveals her new face New leukemia treatment exceeds 'wildest expectations' "The congressman just did what anybody would do if he knew his family was in trouble," said Woodard. "He jumped right into the situation and helped his daughter."

Boswell lives in Des Moines and owns the farm in southern Iowa. He is recovering from a broken rib suffered during the incident.

"I wanted a piece of him. He was threatening somebody I care for very much," Boswell told reporters at a Statehouse news conference, according to easterniowagovernment.com.

The Decatur County Sheriff's Department and state and federal authorities are investigating. The sheriff's department said Saturday that the intruder had not been caught. The attacker is still at large.

Decatur County Sheriff Herbert Muir said "we might" have a suspect in mind. "We have a direction we're going," Muir said, according to easterniowagovernment.com.

"The congressman says the military is the best training for situations like this," said Woodard, referring to Boswell's 20-year military career. "It's a wakeup call to everybody to take precautions and do what they need to do to keep their family safe."

© 2011 msnbc.com
3299  Politics, Religion, Science, Culture and Humanities / Politics & Religion / STAT Jornolist reply to debate on: August 12, 2011, 10:39:00 AM
This is so obviously the jornolist with the liberal pollsters and party operatives all in cohoots.  They know Brock is a loser so we will see blitzkreg (sp?) like attacks from them about every republican thing that comes up:

http://news.yahoo.com/fact-check-republican-debate-strains-facts-030442355.html
3300  Politics, Religion, Science, Culture and Humanities / Politics & Religion / Re: The Politics of Health Care on: August 12, 2011, 09:44:53 AM
"CCP - I think you should have put this in the Humor section!     
This is a joke, right?"

JDN, no I am afraid it is not a joke.

Just more "progressism creep" in our society.

It really is a cancer.

"I find it interesting that Jews in general are brilliant. My compliments!"

Thank you I will include myself in that group!  grin

Unfortunately some Jews (liberals) are misguided and have used their brains inadvertantly to destroy the United States as they think they are making the world a better place.  There appears some signs at least a few of them are learning the foolishness of there ways.  The rest are stubborn to the death and will narcissitically think they know better then the rest of us.

Pages: 1 ... 64 65 [66] 67 68 ... 110
Powered by MySQL Powered by PHP Powered by SMF 1.1.21 | SMF © 2015, Simple Machines Valid XHTML 1.0! Valid CSS!