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08 September 2013

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Al

I superciliously added this to my Quotes file:

"To a Muslim scholar, the Sept 11 Battle of Vienna was VERY significant. September 11 marks the 330th anniversary of the
beginning of the battle of Vienna in 1683, which stopped the Islamic advance in Europe – temporarily. It marked the point
where Islamic expansion was stopped, and the Islamic world went into a long-term decline. The reason it went into decline
is that Islam depends on there being a steady source of unearned income (loot from pillaging of the conquered) and slaves
who know how to run a civilization. Cut off from that, Islam decayed, and was conquered by the Europeans who turned Muslim
countries into colonies. Only after WW2, with discovery and development of a new source of unearned wealth (oil),
did Islam revive."

Reflecting upon it, I saw any number of histories and tragedies, including US. A melting pot's constituents can congeal
and be preserved, while a tossed salad only wilts to dust.

Bill Tozer

Syria? Did someone say Syria?

Won't bother talking about the August labor report or July's. Everybody knows that for each full time job that is created, 3+ part time jobs are created. Not enough full time workers to pay for all the disabled folk and baby boomers' SSI.

Train keeps on rolling till it runs out of track. Just like Sherman's March To The Sea.

Won't bother talking much about unfunded liabilities. If there is any good news out there, it is government in general is cutting workers. Yes, most of them are teachers and the Parks & Rec dudettes, but its a good thing when thinking about unfunded liabilities. Government is a drag on the economy and a smaller government should be less of a drag on taxpayers. Throw some more water on the Wicked Witch of the East and watch her melt. "I'm melting, I'm melting." About time.

Men where hit the hardest during the Great Recession of 2008. Construction, manufacturing, and other blue collar jobs went south. Now, as the economy picks up, men are leading in the gains. Wages are stagnate and if you used the inflation and unemployment calculating methods CHANGED during the Clinton Administration, unemployment would be 14% right now. I ain't talking about the underemployed and the disappearing workforce. Just using the same method of calculating the "misery index" before Clinton did his accounting tricks and now, unemployment would be a measly 14%.

Here is an article that has been on Yahoo all weekend. Wish they would take it down so we can gab about Syria, pull each others' finger and pass some mustard gas.

http://finance.yahoo.com/blogs/the-exchange/real-labor-force-dropouts-175850505.html;_ylt=AwrTV_Mg1CxSqAoA_AiiuYdG;_ylu=X3oDMTN1dWp0ZTI2BG1pdANGaW5hbmNlIEZQIE1lZ2F0cm9uIDIEcGtnAzllZjQ2MjUyLWZiMjYtMzExMi05MjY2LTgwYTBjM2YwY2ViYQRwb3MDMQRzZWMDbWVnYXRyb24EdmVyAzA2YjgwZGIxLTE3MWUtMTFlMy1iN2RmLWE2MGQ2NjUwMzhiMA--;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=3

George Rebane

BillT 114pm - good to see some of these folks starting to pay attention and consider that "something bigger" might be in the wind with these workforce numbers.

Russ Steele

The Pension Crisis Is Worse Than We Thought.

America’s pension crisis may be much worse than we thought. A new report from State Budget Solutions looks at each state’s pension liabilities using a lower estimate of the rate of return than the states use themselves, and found that the country’s plans are underfunded by $4.1 trillion, and only 39 percent funded overall. The state-by-state breakdown looks even worse, with Illinois, Connecticut, Kentucky and Kansas holding plans that are less than 30 percent funded, and another 27 states below 40 percent. Other states have it bad as well: Reuters notes that in five states, pension liabilities more than 40 percent as large as the state’s economy as a whole, and in Ohio and New Mexico, they’re more than half as large. Considering that many people consider plans to be “safe” only when their funded level is over 80 percent, this is troubling news indeed.

These numbers are significantly higher than those we’ve seen before, which is due to the extremely conservative estimates of the rate of return. Rather than assuming a rate of return in the 7-9 percent range, as most plans do, State Budget Solutions is using the “risk free” rate of 3.225 percent, which is tied to the yield on treasury bonds.

Some political leaders hoping that inflation is the solution, so they can pay off the debt in fiat money.

Michael Anderson

George, et all. It's going to be fine. You just watch.

The sky is not falling.

I do not see you at the farmer's markets. I did not see you at the Constitution Day parade today. You refuse to attend massive events like Burning Man (where I saw Mark Zuckerberg in a green bunny suit).

The world is changing under your feet. Look down. Breathe deeply.

George Rebane

MichaelA 1001pm - You are an unfortunate who has nothing more to offer than repeating the palliatives of the socialist cadres who are leading us to destruction. Provide some reasonable counter to the dreadful things that are happening today other than 'Don't worry, be happy.'

(BTW, your observational powers are more than limited. We in the NC Friends of Military assembled the Vietnam POW cage that drew enthusiastic applause along the entire parade route. I drove my Jeep which pulled that reminder of the forces that we are still fighting in this world, forces that you and yours promote. And Jo Ann marched with the NC Tea Party.

I don't need to go to the farmer's market because each year Jo Ann's 'farm' produces more vegetables than we can eat. In that we are blessed, and are able to share this largesse with family and friends.

In sum, you have no idea what kind of people we are, and what we do in the community. Bunny suits withstanding, you seem to stare into a dense fog from which you draw your continuing stream of Olympian views. And that's OK too - but Mencken nailed it.)

stevenfrisch


When I read your reply to Michael alluding to the "... forces that you and yours promote" it reminded me of another H. L Mencken quote for you:

"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."

The purpose of art is to be art not to see art.

Bill Tozer

Mr. Anderson: Looks like Dr. Rebane sacked your quarterback with that last response. So, Mr. Anderson, what's in your playbook for 4th and 40?

Michael Anderson

Mea culpa, George. I missed the beginning of the parade apparently. I certainly would have remembered a Vietnam POW cage.

And then you wrote: "I drove my Jeep which pulled that reminder of the forces that we are still fighting in this world, forces that you and yours promote." So by supporting PPACA I am also a supporter of putting American troops in cages? That's pretty sick, George.

I don't have Olympian views, just simply the ability to see through your tedious morosity. Try this: http://www.prolificliving.com/blog/2012/08/27/100-positive-affirmations/

George Rebane

re MichaelA's 749am - perhaps another illustration of leftwing logic? Support of PPACA implies supporting American troops in cages??!!

Not at all. RR argues that supporting progressive collectivism threatens putting us all in a 'cage' as government grows and takes and redistributes. And that indeed is a tedious morosity which one half of our country sees and opposes, while the other half seeks its increase in the name of social justice.

Todd Juvinall

The reason these resident liberals are unbelievable in any discussion of individual rights and freedoms is they support the government owning their personal body. Obamacare is the light exposing their insincerity on any issue of freedom.

I think MA and SteveF were having a puff out behind the National together, comparing notes on how to find the munchies in Nevada City. Too funny.

You know George, I have never seen either of them at the Friends Packing Parties, or even the ESA/FWS hearing Doug had last week. I think a puff is more important to them.

Bill Tozer

Positive thinking and will power are good things. Unfortunately, all the positive thinking in the world, coupled with mighty will power, can't hold back the ocean tides or or even a bad case of diarehha.

It rains on the rich and poor alike and winter is coming.

Account Deleted

"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
That sounds like the 'climate change' scam to me. Constant articles warning us of what 'might' happen and how all the bad things that are happening (civil war in Syria is the latest) are due to 'climate change'.
It is curious that conservatives tend to have a much better handle on their personal finances than lefties, yet the lefties never want to hear any advice from the conservatives. 'Climate change' models have proven to be rot, yet the warnings of conservatives that poor financial decisions by the govt lead to problems are all coming to pass. George is not trying to 'scare' anyone - just pointing out why and where we are going wrong. Cities are now going bankrupt, exactly as predicted and for the exact reasons predicted.
And Michael - try peddling your happy thoughts in North Korea.

Ryan Mount

> Try this: http://www.prolificliving.com/blog/2012/08/27/100-positive-affirmations/

These are more horrible than an association of POWs and PPACA, for the record. These are the prayers of the privileged. I'm assuming (hoping. praying?) you jest Michael and that this was just the #2 Google search for "Positive Affirmations."

http://www.youtube.com/watch?v=NuGf34F0f5g

...but is not a licensed therapist.

fish

I don't have Olympian views, just simply the ability to see through your tedious morosity.

...that's one I need to work into my personal lexicon.

Todd Juvinall

I think the climate change example is an excellent one. The liberals want to make people fear everything from eggs to soda pop and take over the care and feeding of everyone's body. Yet when conservatives say maybe we should rein in out of control taxes, spending and and whatever, we are fear mongers. Too funny. It shows the shallow brains of the liberal though.Burniung Man perversion is their strategy for the country.

I feel bad for the kids coming along now. Liberal documentaries are abounding with Armageddon movies. Asteroids, Life after people and every other method of ridding the earth of the human race. No wonder kids are buried in Iphones.

George Rebane

ToddJ 1104am - Well said.

Gregory

I cannot imagine a less remarkable experience than MA seeing Zuckerburg in a bunny outfit (unless it was in fact the infamous mandersonation garb borrowed for the occasion) and Frisch, in his glee in flinging some Mencken at George, forgets that the whole global warming/climate change/climate disruption/irritable climate syndrome story that has his undies in a knot is, in fact, just what Mencken warned against, on an international scale.

What can't go on forever won't. That includes deficit spending, promising pensions that can't be paid, or keeping people scared about global warming when the globe isn't warming as predicted.

George Rebane

Continuing the Syrian saga, I draw your kind attention to the 9sep13 update to 'Slap a Wrist to Extract a Foot'.
http://rebaneruminations.typepad.com/rebanes_ruminations/2013/08/slap-a-wrist-to-extract-a-foot.html

Bill Tozer

Gregory, nothing lasts forever, but....Here is a guy who thinks that Helicopter Ben HAS TO keep it going cause Uncle Ben is stuck on stupid.

I always felt that fiscal policy was the answer to economic growth and jobs, not monetary policy (running printing presses).

Before the libs get all crazy and lib-like and say nasty things, this dude was the one that convinced me to pull the lions share out of the stock market in the Summer of 2007. He is usually early to the party.

http://money.msn.com/bill-fleckenstein/post--is-the-end-of-an-error-coming-soon

Gregory

A deflation is arguably worse than a mild inflation, and Helicopter Ben's massive creation of dollars kept that effect of the Crash of '29 away from our door. I'd expect him or anyone else at the Fed to dish out the medicine when the aftermath of the Great Easing takes hold and not bail out government's pension obligations with a hyperinflation which, if you think about it, isn't in the Fed's interest, either.

If state and local governments, including public schools, can't pay their pension obligations, they won't.

Bill Tozer

The Fed's primary job is to fight inflation. Think the employment rate is of secondary importance. Uncle Ben's is between a rock and a hard place. Its the long term effects of having flames shoot out the back of the printing press gears that can't be good. The economy is so fragile that a sneeze will launch it out of control. Gotta keep the rotten fruit from falling from the tree.

The real news about the August jobs report is the non surprising adjustment of the June and July figures. Hint: arrows point down, like 77,000 fewer jobs than stated. July was the biggest dip. June, July and now August are trending in the wrong direction for us to stand on our chairs and sing "Recovery!" 16 Tons would be a better choice. Dr. Rebane is on target once again.

http://washingtonexaminer.com/recovery-woes-americas-second-largest-employer-is-a-temp-agency/article/2532778

Michael Anderson

Hoo boy...yeah, the Washington Examiner. I guess I like the NYT a tad better: http://www.nytimes.com/2013/09/09/opinion/krugman-the-wonk-gap.html?hp&_r=0

Bill Tozer

Mr. Anderson: If you read the black instead of the white on the article I posted, you would have noticed that the Washington Examiner's post clearly said the source for the article was the New York Times. Even included the NYT's footnote/correction at the bottom. So now you can like it better. This is great news indeed and by golly, you are likeable.

Douglas Keachie

H.L. certainly called a lot of shots correctly, but his vision concerning joining the 1% by Mussolini didn't see clearly to 15 years ahead. What are you here pretenders and the real deal, foresee as your futures?

"One hears murmurs against Mussolini on the ground that he is a desperado: the real objection to him is that he is a politician. Indeed, he is probably the most perfect specimen of the genus politician on view in the world today. His career has been impeccably classical. Beginning life as a ranting Socialist of the worst type, he abjured Socialism the moment he saw better opportunities for himself on the other side, and ever since then he has devoted himself gaudily to clapping Socialists in jail, filling them with castor oil, sending blacklegs to burn down their houses, and otherwise roughing them. Modern politics has produced no more adept practitioner.

"Mussolini" in the Baltimore Evening Sun (3 August 1931), also in A Second Mencken Chrestomathy : New Selections from the Writings of America's Legendary Editor, Critic, and Wit (1994) edited by Terry Teachout, p. 34
"

Account Deleted

The Krugman article reveals Paul to be nothing more than a carnival barker for Obama or worse - just a liar. Obama Care is proving to be a disaster as predicted by those who actually read the bill. The unions are now against it and folks all over are losing their coverage that they wanted to keep. Beyond that the article is just name calling. I'd like to see Krugman back up his statements about falling health care prices. But he can't and won't. But Michael likes it 'better'.

Todd Juvinall

The Congress needs to defund and let us see what the results are. Revolution in healthcare! Since Pewlosi said we have to pass it to see what is inside it it seems to me the reverse is alsso true.

fish

The Krugman article reveals Paul to be nothing more than a carnival barker for Obama or worse - just a liar.

Third option......he's both.

fish

H.L. certainly called a lot of shots correctly, but his vision concerning joining the 1% by Mussolini didn't see clearly to 15 years ahead. What are you here pretenders and the real deal, foresee as your futures?

Am I to understand that at some point in your life you claimed to be an educator?

Bill Tozer

Dr. Rebane. More conformation of data regarding the "Unrealistic Expectations" insert on your post. If governments in our country do not start making adjustments now, like today, then it is going to get downright uglier that first thought. Especially unfunded health care obligations. At least the private sector has been moving in the right direction in this regards. IBM created a splash recently with its dumping of retiree health care expenses, as well as UPS and others. The list grows longer everyday.

I see no viable solution to unfunded pension obligations in various (not all) states. Even liberal Washington State saw the light years ago when they had Republican governors. They are now in pretty good shape, although the big push is for state income tax as well as sales taxes. Imagine having to pay both? That is insanely Californium.

The only cheer I found in "Unrealistic Expectations was the author's note to posters:

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

Walt

From what I have been seeing in the news lately, our local Farrell LIBS
are beginning to make Berkeley look sane in comparison.

To the GW gang,,, See the latest on the ice packs? ( ouch...)
Get yourselves a copy of the Farmers Almanac. it's been historically accurate
to the tune of 80%. Ya' can't say that for your East Anglia U bone rolling predictions. ( "They" said the ice pack was going to be gone at this point in time.)

Anyone else notice the verbiage in all the LIB gripes and proposed laws?
" Might,, could lead too, may, possibly, etc,"
The backlash for trying to ban remote controlled "toys" has already begun.
( because it " might" have a camera, and someone "could possibly" mount a gun to it. Not that they "have".)
Where is the outcry of the government doing that? They can afford a pilot and a "real" airplane to do the same thing. I don't hear a call to end that surveillance. There is a twin engine aircraft that circles PV for hours every week. That's a LOT of dollars being spent "mowing the lawn", and no one can say (or will) what it's up too.

Gregory

fish, 7:50AM

The retired against his will teacher's stream of semiconciousness literary style is not everyone's cup of tea.

Walt 8:59AM
It's my understanding the mysterious PV aircraft (a Beech King Air variant) is a training mission from Beale in an MC-12 Liberty. They go up, circle for hours in one spot, then land.
http://www.beale.af.mil/news/story.asp?id=123321887

Walt

Thanks Gregory, Yup,,, that's the one.
So just what's so interesting in PV? They have plenty of public land to
spin borides in the sky over.
Why don't they fly over LIB controlled NSJ?

Bill Tozer

Walt, if the plane circled over NSJ it would greatly upset the villagers.. First, some dude's chickens would start molting and flapping its wings and cause quite a fuss. Then all those with unpaid parking tickets and failure to appears would have their conscious pricked and get all worried. Lord knows "they" come and get ya in the dead of night for failing to put enough quarters in Nevada City's parking meters. Or getting too drunk to remember your court date. Then there is the issue of air pollution, not to mention noise pollution. Of course, there would be one gargantuan group paranoia thing going on and plants may be pulled prematurely, which is bad for the local economy. No Walt, buzzing NSJ or even 10 minutes twice a week would wreck havoc on the population's fragile psychic.

Just like unfunded liabilities will wreck havoc on some of our more arrogant public servants as well as those paying for the ride.

Douglas Keachie

Absolutely comical! You folks think there are no grows in PV? Fish, you need to evolve legs and a brain.
Ryan, you, and maybe a few others will appreciate: http://www.waitbutwhy.com/2013/09/why-generation-y-yuppies-are-unhappy.html

And BTW, just what do the pretenders and the Real Deal 1%ters here foresee as their future in 15 years? Will you be better off than Mussolini?

fish

Absolutely comical! You folks think there are no grows in PV? Fish, you need to evolve legs and a brain.
Ryan, you, and maybe a few others will appreciate: http://www.waitbutwhy.com/2013/09/why-generation-y-yuppies-are-unhappy.html

And BTW, just what do the pretenders and the Real Deal 1%ters here foresee as their future in 15 years? Will you be better off than Mussolini?

Every sentence you author, every thought you post makes me think that at some time in the recent past you suffered some sort of traumatic brain injury.

For the love of god Peachie have someone....anyone...proofread your posts. It's past the point of even wanting to debate topics with you....everything needs to be deciphered! You're the Tim McCarver of blog commenting!


http://www.youtube.com/watch?v=8xdTYVxzEwI

Gregory

More stream of semi-consciousness; Keach, there's nothing in the above from which to logically divine any writer's opinion as to the prevalence of pot grows in PV.

Tozer, I suspect you're right about the fragility of NSJ psyches.

Douglas Keachie

Sheldon all grown up is as clueless about interpreting Walt's and Tozer's comments as the young Sheldon was about male/female relationships.

Douglas Keachie

BTW, Grumpy Cat, ws that you yesterday in SPD? You look a lot like your son.

Douglas Keachie

And about aerials and NSJ lifestyle folks, here's the view from Black Rock City: http://www.youtube.com/watch?v=4zlowUpWAIg

Gregory

Grumpy Cat? Still projecting, are you?

Yes, Keach, that was me. Feel free to hassle me the next time. Spread feces or cough up a Keachie hairball on my car, do whatever it is you do.

(note to the poor guy spotted at SPD: sorry, I couldn't help myself)

Douglas Keachie

More projectile vomit from the COBOL comet.

Gregory

Funny guy; that's one language I successfully avoided, even in the '70's. Is COBOL a language you tried to teach at Lowell High (my granddaddy Joe's alma mater) before they decided to have a teacher meeting the state standards on minimum teacher qualifications for a high school level computer science class? You know, a math or computer science background, not Anthropology?

Bill Tozer

Holy Smokes!! A nice Krugman????!!!! The world has gone crazy I tell ya. A nice Krugman? I can't believe my eyes. Oh yeah, I forgot. Summers ain't running for Uncle Ben's job. Hmmmm. Maybe Krugman is. Coincidence maybe. Maybe. Its a Mad Mad Mad World.

http://www.nytimes.com/2013/09/16/opinion/krugman-give-jobs-a-change.html?src=recg

George Rebane

BillT 605pm - Given the uncertainties of Obamacare, Dodd/Frank, and EPA's unbridled outpouring of green regulations, no employer is going to add employees if instead he can do with machines or do without. And all this thinking goes on during historical interest rate lows. The Fed has shot its wad, and those still unemployed are the ones no one wants to hire.

Bill Tozer

Very astute again, Dr. Rebane. Merely pointing out that Krugman was rather tame for Krugman, which was surprising. In fact, using the word nice and Krugman in the same sentence is akin to saying jumbo shrimp.

New gov't study says SS and other handouts will eat up the lion's share of the budget and leave little for transportation, defense, and dealing with financial crises in future years. Dah. Like, decades old news, but no worries. Can't see the whites of their eyes, yet.

Another train wreck, another day.

Bill Tozer

Another train wreck...

http://www.foxnews.com/politics/2013/09/19/ohio-clinic-touted-by-obama-in-health-care-reform-speech-slashes-budget-due-to/

All the positive thinking in the world can't make 2+2=17.

Bill Tozer

Hey, this opinion piece said train wreck, not me:

http://www.utsandiego.com/news/2013/sep/22/unions-join-obamacares-many-critics/

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