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Bayesean Calulator

January 14th, 2013 Comments off
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Entitlement Reform?

January 13th, 2013 Comments off

 

When politicians talk about cutting old-age entitlements, they are really talking about denying health care and social security benefits to poor old women.

Dr. Robert N. Butler, quoted in Never Say Die by Susan Jacoby

Rationality

January 9th, 2013 Comments off

From Krugman’s blog

 Rationality has a well-known liberal bias.

 

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Extremely Annoying Stuff

December 29th, 2012 Comments off
Smirgy Lip Gloss

What’s with all this lip gloss?  Way too much shiny.  If you’ve got thick lips, it looks like your nose is running; if thin, like you’ve been sucking dick without swallowing.  Clean it up, girl!

Annoying Cashiers’ Trait

It is extremely annoying, when the cashier at your store gives you your change by handing you: 1) your receipt, on top of which is placed 2) the bill currency of your change, on top of which is precariously balanced 3) the coin portion of your change.  I now have to somehow get the change into another hand, which I can transfer to my pocket, then separate the receipt from the bills and place it in the bag (you always get a plastic bag!), then in a two-hand ballet get the bills into my wallet.

What I want:  coins in palm, followed by bills; receipt goes in the bag.

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fracking and the economic meltdown

December 26th, 2012 Comments off

I’m feeling today quite a bit like I did back in 2006, the year before the economic meltdown– like doom is just around the corner–or at least lurking in the neighborhood.  But it’s not financial missteps that are the cause of my sense of impending doom; it’s fracking.

I can’t help but feel that the country is kind of like a heroin addict; we’re addicted to extravagant use of energy, especially liquid extractive fuels.  We are set on a path of sticking holes into the ground, much as a heroin addict sticks the needle into his body, and injecting poisons; even though we will get a significant rush at first, in the longer run, the body will be ruined.

In 2006, I knew that we would not be able to retire and live in Florida in the new condo we had recently bought, and had to sell that.  It was clear to me that the housing market was about to crash.We did sell it, at a good profit, and used the proceeds to buy our townhouse in South Carolina.  We also were able to sell our house in Vermont, just in time; the realtor kept telling us to hold out for a higher price–but no one was offering a higher price, and I just felt that we better sell while we could; we got what I feel was the best price possible aat the time, and used the proceeds from the sale to invest in our retirement account ( a mixture of bonds and securities).

Sorry, but that’s what the country should be doing now: investing in renewable energy sources–not just for today, but for the inevitable day in the future when we have poisoned our water tables, and the rivers are unpotable.

Affirming the Universe

December 22nd, 2012 Comments off

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Why we’re sick and tired

December 19th, 2012 Comments off

 

 

Gun Maker to Be Sold. Okay now?

December 19th, 2012 Comments off

Oh, great: The conglomerate, Freedom Group, that includes Bushmaster (who made the AR-15 used to slaughter 20 children and 6 adults in Newtown, CN) and at least six other armaments manufacturers, is go be sold by private equity investment group Cerberus:

Cerberus said that it was putting the Freedom Group up for sale….

Cerberus signaled that it wanted to remove itself from the uproar over the nation’s gun laws in seeking to sell Freedom, which makes the Bushmaster rifle used in the massacre.

from Mother Jones

So Cerberus won’t own Freedom Group, but will sell it.  Won’t stop making the awful things, just doesn’t want to be so closely connected to them.  I think this is technically called “washing one’s hands”.

And to whom will Freedom Group be sold?

Several foreign gun manufacturers, including Forjas Taurus of Brazil and Heckler & Koch of Germany, could be possible acquirers, according to a banker familiar with the weapons industry.

Terrific; some Brazilians or Germans will now resume flooding  America with assault weapons.  I feel so much better now.

Categories: Economics, politicas, Uncategorized Tags:

Puritanism

December 18th, 2012 Comments off

 

  • Puritanism: The haunting fear that someone, somewhere, may be happy.
    • “A Mencken Chrestomathy” (1949) page 624
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Bruce Bartlett: The New Republican Tax Policy – NYTimes.com

December 18th, 2012 Comments off

During the George W. Bush administration, spending increased sharply even as revenue collapsed. Revenue as a share of G.D.P. fell to 17.5 percent in 2008 from 20.6 percent in 2000, yet spending rose to 20.1 percent in 2006, before the economic crisis hit, and 20.7 percent in 2008, from 18.2 percent of G.D.P.

via Bruce Bartlett: The New Republican Tax Policy – NYTimes.com.

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