Tuesday, August 31, 2010

Barack Obama as Ronald Reagan

Another meme I've seen lately is Barack Obama is Ronald Reagan, circa this time 28 years ago. I have vague recollections of the period... I was heading off to college, and the mood of the country was pretty bad. It was a double-dip recession, we were all doomed, US manufacturing was being destroyed, the deficits were exploding, a certain Asian country was going to rule the world. (I was too busy paying attention to girls and beer at the time for all of this to fully register.) Within a year, everything changed.

Obama has at least two years left. Who knows what will happen in the second half of Barry's rule. My gut instinct is we're screwed, but I hope that I am wrong. From a purely "I got family I have to take care of" position, I hope that Barry does a Reagan '84.

Girl throws puppies in the river

I've never seen an internet meme spread so quickly.

The "hunters" should be very, very careful that they aren't accusing the wrong person.

Monday, August 30, 2010

Earl poised to hit Canada

Just a little inside joke.

Sunday, August 29, 2010

Thursday, August 26, 2010

Moron anti-vaccination people


Penn is too kind. Get 'em, J-Lo!.

Wednesday, August 25, 2010

Doom

Is there any positive news out there?

Sunday, August 22, 2010

Heckuva job, Barry.

Barry knew that he was destroying 23,000 jobs. From the WSJ,
(Michael Bromwich) told Interior Secretary Ken Salazar that a six-month deepwater-drilling halt would result in "lost direct employment" affecting approximately 9,450 workers and "lost jobs from indirect and induced effects" affecting about 13,797 more. The July 10 memo cited an analysis by Mr. Bromwich's agency that assumed direct employment on affected rigs would "resume normally once the rigs resume operations."
Except that many of them won't.

Let the crackers and red state hicks eat arugula.

Thursday, August 19, 2010

Jimmy's Malaise

A look back at history, 31 years ago. From the Malaise Speech, Jimmy's points 1-4:
Point one: I am tonight setting a clear goal for the energy policy of the United States. Beginning this moment, this Nation will never use more foreign oil than we did in 1977 -- never. From now on, every new addition to our demand for energy will be met from our own production and our own conservation. The generation-long growth in our dependence on foreign oil will be stopped dead in its tracks right now and then reversed as we move through the 1980's, for I am tonight setting the further goal of cutting our dependence on foreign oil by one-half by the end of the next decade -- a saving of over 4 1/2 million barrels of imported oil per day.
Abject fail.
Point two: To ensure that we meet these targets, I will use my Presidential authority to set import quotas. I'm announcing tonight that for 1979 and 1980, I will forbid the entry into this country of one drop of foreign oil more than these goals allow. These quotas will ensure a reduction in imports even below the ambitious levels we set at the recent Tokyo summit.
Epic fail.

Point three: To give us energy security, I am asking for the most massive peacetime commitment of funds and resources in our Nation's history to develop America's own alternative sources of fuel -- from coal, from oil shale, from plant products for gasohol, from unconventional gas, from the Sun.
Complete and total fail.

I propose the creation of an energy security corporation to lead this effort to replace 2 1/2 million barrels of imported oil per day by 1990. The corporation will issue up to $5 billion in energy bonds, and I especially want them to be in small denominations so that average Americans can invest directly in America's energy security.
Fail.

Just as a similar synthetic rubber corporation helped us win World War II, so will we mobilize American determination and ability to win the energy war. Moreover, I will soon submit legislation to Congress calling for the creation of this Nation's first solar bank, which will help us achieve the crucial goal of 20 percent of our energy coming from solar power by the year 2000.
Fail.

These efforts will cost money, a lot of money, and that is why Congress must enact the windfall profits tax without delay. It will be money well spent. Unlike the billions of dollars that we ship to foreign countries to pay for foreign oil, these funds will be paid by Americans to Americans. These funds will go to fight, not to increase, inflation and unemployment.
Fail.

Point four: I'm asking Congress to mandate, to require as a matter of law, that our Nation's utility companies cut their massive use of oil by 50 percent within the next decade and switch to other fuels, especially coal, our most abundant energy source.

Win! Hey Al, what do you think about Jimmy embracing a massive increase in the use of filthy CO2-emitting coal?

Wednesday, August 18, 2010

Half of North Korea's air force destroyed

New York Times:
SHANGHAI — A North Korean plane crashed in northern China on Tuesday, killing the pilot, the only person on board, according to China’s state-run Xinhua News Agency...
the pilot might have been trying to defect to Russia but lost course.
Or maybe he ran out of fuel.

Dr. Laura has a meltdown


Two points:
  • There are many ways she could have gotten her point across without resorting to that word.
  • I didn't even know she was still on the radio. I thought she left the scene when Clinton left office.

Tuesday, August 17, 2010

Ground Zero Mosque


  • It's pretty clear to me that the proposed mosque has nothing to do with tolerance.
  • It's pretty clear to me that naming it after the Cordoba mosque isn't just a coincidence.
  • It's pretty clear to me that this is meant to be "in your face."
With that said, I agree with Barry. Within the framework of the US Constitution, the government cannot prohibit this solely based upon the religious flavor of the building.

Besides, the building's owners will be stepping into a hornet's nest if they pursue this. No need for me to kick it around, we've all read about it. Let them go bankrupt building this thing.

Zero Hedge has jumped the shark

Comments featured on Zero Hedge right now:
by Hedge Jobs
on Tue, 08/17/2010 - 04:14
#525517

Blah, blah, blah, we have heard it all before. Another great article but when are people going to stop writing and blogging about it and actually do something about the problem that is puposefully desrtoying America and enslaving its people? We all know what the problem is, its about time we do something about it. If you are not going do anything yourself then at least support someone who will.

David Duke has a plan and is worth supporting:

http://www.youtube.com/watch?v=(deleted)

For your veiwing pleasure and also to prove that Duke has the testicular fortitude to take these scumbags on head to head, here is one of the best ever slap downs of a zionist traitor you are ever likely to see:

http://www.youtube.com/watch?v=(deleted)

by TrulyStupid
on Mon, 08/16/2010 - 21:59
#525332

They already have embraced a fascist dictatorship, no one in their right mind actually believes that a "voter" or a whole bunch of them actually have any power... the past 2 presidents (at least) are obvious puppets of neo-con/Israeli interests. Netinyahoo is dictating American aggresion (foreign policy) and Obama/Congress publicly licks his boots....

by zaknick
on Mon, 08/16/2010 - 23:20
#525415

f@ck Zionnnnnnnnn!!!!!!!!!!!!!!!!!!!!

by Cathartes Aura
on Mon, 08/16/2010 - 22:27
#525364

100,000 acres in Paraguay.

when's the last time you remember an ex-US president jump ship?
(My comments about this stupidity here. It's funny, GW was spotted up in Dallas just last week.)
by americanspirit
on Mon, 08/16/2010 - 18:36
#524978

America needs 10,000 Tim McVeighs.

by Nikki
on Mon, 08/16/2010 - 18:59
#525021

If that means blowing up day care centers in govt buildings, count me out. If it means targeted assassinations, tell me more.
I'm finished with it.

Moron Dubai

From Bloomberg, more on Dubai:
Not long ago, British businessman Ryan Cornelius was living the high life, doing real estate deals out of Bahrain. He took his family on safari in Kenya and on big-game fishing trips on his yacht. Today, Cornelius resides in a prison cell in Dubai, accused of loan fraud. He's been locked up for more than two years without a court reaching a verdict.
Dubai has a debtor's prison and they aren't shy about using it. They lock up everyone, from the the big-time fraudsters to the run-of-the-mill condo flippers. I wonder how many of those Halliburton execs are stuck there now?

Sunday, August 15, 2010

US News & World Report: Let AZ, TX and SC secede

Something called Jamie Stiehm at the US News & World Report wrote:
All states are not created equal, as this summer's performances in Congress and other political platforms show anew. Some states are pretty great; some are just plain trouble. Take the following three, for example...
I'll let you read the rest.

Since Texas is one of those "donor" states, we should do pretty well. Jamie? Not so much. Without the domestic petroleum supplied by those of us in flyover country, Jamie can fill up the tank for her SUV with 100% imported gasoline.

Jamie lives in a DC suburb. What exactly does DC provide that the rest of America needs? I can't think of a thing. Perhaps America would be better off if Washington, DC and the surrounding 30 miles radius in MD and VA seceded. The people residing in Jamiestiehmland are killing the host.

(Thanks, Glenn!)

Saturday, August 14, 2010

Why are people complaining about the price of a Chevy Volt?

From the New York Times, it's too expensive.

Also from the NYT:
In July, G.M., Ford and Chrysler sold their vehicles at an average price of $30,400 — $1,350 more than a year ago and higher than an overall industry gain of $1,100, according to the auto research Web site Edmunds.com.
From the LA Times:
For those who would rather buy the (Volt), a $7,500 federal tax credit designed to accelerate entry of electric vehicles into the marketplace will reduce the cost of a Volt to $33,500.
Me? I think it's nuts to pay more than $20k for a car. On the other hand, if it delivers as promised it will be a game-changer. GM may not be the leader, but it will mark a big shift in the way we drive to work.

Thursday, August 12, 2010

Why the hell do people listen to Jim Cramer?

I am reviewing some ancient videos I did years ago. Jimmy's still on TV, millions of people still follow him. Why? I don't get it.

My Looney-Tunes idea to juice the economy

Dumb ideas are circulating, so here's mine:

The Federal Reserve puts out a news release stating that a small but still considerable amount of US currency was printed with contaminated ink. The contaminated ink contains a chemical that is proven to be carcinogenic. The contaminated ink has been discovered in samples dating back to 1994 right up to the present day.

It is too difficult to recall individual series of currency since the contamination problem was across the board. Therefore, the Fed will issue new currency to replace all older currency printed before 2010. This older currency will become worthless in 30 days, which is plenty of time to go to your bank and exchange your old contaminated paper money. Few of us have more than a hundred bucks in cash laying around at any given time, so it's no big deal. But it needs to be done relatively quickly due to public health concerns and public safety.

The drug tycoons in Central and South America and militant islamicists in Afghanistan and Pakistan would be up a creek because they'd have to spend the money before it became worthless. The re-patriated money would create an orgy of domestic spending in the US, assuming they could smuggle the money back into the US before the expiration date. Even better, they couldn't use their dollars to buy more drugs and weapons back home because their suppliers won't take money that will be worthless very soon.

So it's a dumb idea, but central bankers are capable of dumber.

Wednesday, August 11, 2010

Mahmoud Ahmadinejad implements WPA program

In an effort to stem rising unemployment in Iran, Mahmoud Ahmadinejad has announced a government work program.
Gen. Hossein Kan'ani Moghadam, who was the Guard's deputy commander during the 1980s, said graves have been dug in Iran's southwestern Khuzestan province, where Iran buried Iraqi soldiers killed during the ruinous 1980-88 war between the Islamic republic and Iraqi leader Saddam Hussein's regime.

"The mass graves that used to be for burying Saddam's soldiers have now been prepared again for US soldiers, and this is the reason for digging this big number of graves," Moghadam told The Associated Press Television News late Monday.
There's not gonna be any US invasion or attack against Iran. It's all theatre.

Monday, August 9, 2010

Matthew Simmons dies, conspiracy nuts go insane

Wow.
While Simmons' views on peak oil were regarded as somewhat controversial, he drew even more attention for a June 9 interview with Fortune magazine, in which he predicted BP Plc would be driven bankrupt in "about a month" as the cleanup costs for the Gulf of Mexico oil spill mounted.
I haven't even looked at the Oil Drum or Zero Hedge, but I bet the many cranks at those places are foaming at the mouth right now.

I don't like to speak ill of the dead, but the fact is Simmons was increasingly... unbalanced the past few months. I hope that his family can find peace, and I hope the crackpots don't go even more insane with their nutty conspiracy beliefs.

No A/C

The air conditioner crapped out last night and no tech can get out here until tomorrow morning. Looking for a good career that is fairly recession proof? There ya go.

For two semesters in college I shared an old house that didn't have air conditioning. It was raised and it had an enormous fan built into the ceiling that created a powerful flow of air. It looked like this:

You flipped the switch and a strong breeze flowed through the entire house. It wasn't great, but it made East Texas summer evenings tolerable.

Sunday, August 8, 2010

August Surprise

I can't believe people are still posting about this.
Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie Mac to forgive a portion of the mortgage debt of millions of Americans who owe more than what their homes are worth.
It's not happening. Can we give it a rest already?

Heaven, Hell or Houston


We're in the midst of our summertime hell right now, with endless days of 95 degree weather, with humidity so thick you could stick a sponge outside and wring the water out of it. Stealing the line from the popular Christmas song, It's the most horrible time of the year.

Houston is a really bad place. Stay away, this place is doomed.

Thursday, August 5, 2010

Deflation

I was quoted 3.95% for a fixed-rate 15-year mortgage today. I think that is astounding, and I don't buy the inflation outcome to our predicament. At least not yet.

French Pop

Uh oh, according to EA-P and the IMF.

Tuesday, August 3, 2010

99er

The New York Times profiles a 99er, a woman who has run out of unemployment benefits after 99 weeks. For me this is very much a "there but for the grace of God, go I" story, but it just doesn't add up to me. She's only 49. Her adult children can't help? She has no responsibilities other than to herself. She isn't tied down and can move anywhere. Walmart is hiring, and if I had no responsibilities I could scrape by.

Buried deep in the article is this:
She graduated from college late in life, in 2003, attending classes while working full time. She used to believe that education would be her ticket to prosperity, but is now bitter about what it has gotten her.

"I owe $92,000 for an education which is basically worthless," she said.
She's literally a debt slave, handcuffed to an enormous debt that I have written about many times. Unlike a mortgage, she has no way out. This education bubble is more destructive than the housing bubble.

2012

Barack Obama and Hillary Clinton
vs
Chris Christie and Mike Huckabee

Monday, August 2, 2010

French get brutal

This is what happens when politicians let things get out of hand. It'll be happening here soon enough due to inaction.

Sunday, August 1, 2010

Where those FEMA trailers wound up

Just come to Houston and you can get a pre-owned Katrina FEMA trailer for three grand.