Climategate: a scandal that won’t go away
"If you were faced with by far the biggest bill of your life, would you not want to be confident that there was a very good reason why you should pay it?
That is why we need to know just how far we can trust the science behind the official view that the world is threatened with catastrophe by global warming – because the measures proposed by our politicians to avert this supposed disaster threaten to transform our way of life out of recognition and to land us with easily the biggest bill in history.
(The Climate Change Act alone, says the Government, will cost us all £18 billion every year until 2050.)"
.....The crown jewels of the IPCC’s case that the world faces catastrophic warming have been all those graphs based on tree rings which purport to show that temperatures have lately been soaring to levels never known before in history – thus eradicating all the evidence that the world was hotter than today during the Medieval Warm Period, long before any rise in CO2 levels.
Best known of these graphs, of course, was Michael Mann’s “hockey stick”, comprehensively discredited by the expert Canadian statistician Stephen McIntyre and Professor Ross McKitrick.
But the IPCC was able to defend its case with the aid of another set of “hockey sticks”, based on different tree rings, produced by Mann’s close allies at the CRU.
The most widely quoted of the Climategate emails was that from the CRU’s director, Philip Jones, saying that he had used “Mike’s Nature trick” to “hide the decline”.
If there was anything in the CRU’s record which a proper inquiry should have addressed it was the story behind this email, because what it highlighted was the device used by the CRU to get round the fact that its tree-ring data hopelessly failed to show the result the warmist establishment wanted.
When their Siberian tree rings showed temperatures in the late 20th century sharply dropping rather than rising, the “trick” used by Prof Jones and his colleague Dr Keith Briffa, copied from Mike Mann’s own “hockey stick”, was simply to delete the downward curve shown by the tree rings, replacing them with late 20th-century temperature data to show the dramatic warming they wanted.
The significance of this sleight of hand can scarcely be exaggerated.
Why, in using this misleading graph, did the IPCC not explain the trick that had been played by its leading scientists?
If tree rings were so inadequate in reflecting 20th-century temperatures, why should they be relied on to reflect temperatures in earlier centuries?
Why, when fresh Siberian tree ring data came to light, making a nonsense of the CRU’s earlier temperature reconstructions, did the CRU simply ignore the new data?
Anyone who has followed the meticulous analysis of this curious story by Steve McIntyre on his Climate Audit website might well conclude that we are looking here at a complete travesty of proper scientific procedure, matched only by the bizarre methods used by Mann himself to construct his original hockey stick.
Yet these are the men, Mann, Jones and Briffa, who acted as the “lead authors” of the key chapters of the IPCC’s 2001 and 2007 reports.
Sunday, April 18, 2010
Oakland County won’t enforce smoking ban, Patterson says
Oakland County won’t enforce smoking ban, Patterson says
"Oakland County says it doesn’t plan to enforce Michigan’s smoking ban that’s set to take effect May 1.
County executive L. Brooks Patterson told WJBK-TV he’ll sue over the smoking ban next week. Patterson says the law amounts to an “unfunded mandate” if county health departments must oversee and enforce the ban.
Patterson says the county doesn’t have the resources to enforce the ban."
"Oakland County says it doesn’t plan to enforce Michigan’s smoking ban that’s set to take effect May 1.
County executive L. Brooks Patterson told WJBK-TV he’ll sue over the smoking ban next week. Patterson says the law amounts to an “unfunded mandate” if county health departments must oversee and enforce the ban.
Patterson says the county doesn’t have the resources to enforce the ban."
Editorial: Voters need to know who are paying for campaign ads |
Editorial: Voters need to know who are paying for campaign ads
"The decision raises the specter that shadowy groups — labor unions, multi-national companies or wealthy individuals with axes to grind — will quietly pull the strings of state and national elections and never be held accountable for their actions"
"The decision raises the specter that shadowy groups — labor unions, multi-national companies or wealthy individuals with axes to grind — will quietly pull the strings of state and national elections and never be held accountable for their actions"
George F. Will - The perils of the value-added tax
George F. Will - The perils of the value-added tax
"adoption of a VAT would proclaim the impossibility of serious spending reductions and hence would be the obituary for the Founders' vision of limited government."
"adoption of a VAT would proclaim the impossibility of serious spending reductions and hence would be the obituary for the Founders' vision of limited government."
B-36: Bomber at the Crossroads
B-36: Bomber at the Crossroads History of Flight Air & Space Magazine
"It was the biggest warplane ever to wear an American star, and in the summer of '49 the Peacemaker found itself a war--in Washington."
"It was the biggest warplane ever to wear an American star, and in the summer of '49 the Peacemaker found itself a war--in Washington."
Saturday, April 17, 2010
Why Volcanic Ash Is Dangerous to Airplanes
Why Volcanic Ash Is Dangerous to Airplanes - Volcanic Ash Engine Failure - Popularmechanics.com
"Today, authorities closed airports across Britain and Northern Europe due to clouds of volcanic ash in airspace from an Icelandic eruption."
"Today, authorities closed airports across Britain and Northern Europe due to clouds of volcanic ash in airspace from an Icelandic eruption."
National Prayer Day Shot Down; What Will Obama Do?
National Prayer Day Shot Down; What Will Obama Do? - Law Blog - WSJ
"according to Wisconsin federal judge Barbara Crabb, who ruled on Thursday that the federal statute that created the day violates the Establishment Clause of the First Amendment.
“[I]ts sole purpose is to encourage all citizens to engage in prayer, an inherently religious exercise that serves no secular function,” wrote Judge Crabb.
“In this instance, the government has taken sides on a matter that must be left to individual conscience.”"
"according to Wisconsin federal judge Barbara Crabb, who ruled on Thursday that the federal statute that created the day violates the Establishment Clause of the First Amendment.
“[I]ts sole purpose is to encourage all citizens to engage in prayer, an inherently religious exercise that serves no secular function,” wrote Judge Crabb.
“In this instance, the government has taken sides on a matter that must be left to individual conscience.”"
‘BEHAVIOR PLACEMENT’: GE’s Orwellian NBC Wants ‘You To Do Good’
‘BEHAVIOR PLACEMENT’: GE’s Orwellian NBC Wants ‘You To Do Good’
"Forget product placement, NBC Universal is trying “behavior placement” with some of its shows. Characters from programs such as “30 Rock” and “The Office” are acting out eco-friendly behaviors that advertisers hope will sway viewers.
WSJ’s Amy Chozick reports.
In just one week on NBC, the detectives on “Law and Order” investigated a cash-for-clunkers scam, a nurse on “Mercy” organized a group bike ride, Al Gore made a guest appearance on “30 Rock,” and “The Office” turned Dwight Schrute into a cape-wearing superhero obsessed with recycling."
Next time you consider purchasing a GE product.....think again.
"Forget product placement, NBC Universal is trying “behavior placement” with some of its shows. Characters from programs such as “30 Rock” and “The Office” are acting out eco-friendly behaviors that advertisers hope will sway viewers.
WSJ’s Amy Chozick reports.
In just one week on NBC, the detectives on “Law and Order” investigated a cash-for-clunkers scam, a nurse on “Mercy” organized a group bike ride, Al Gore made a guest appearance on “30 Rock,” and “The Office” turned Dwight Schrute into a cape-wearing superhero obsessed with recycling."
Next time you consider purchasing a GE product.....think again.
Spending, Not Tax Cuts, Is the Real Driver of the Fiscal Mess
Spending, Not Tax Cuts, Is the Real Driver of the Fiscal Mess — The American, A Magazine of Ideas
"To balance the budget over the next 25 years, the Congressional Budget Office (CBO) says, would require an immediate and permanent increase in tax revenues, or reduction in spending outlays, equal to 5.4 percent of gross domestic product (GDP).
To put that in context, that equals a 29 percent increase in all federal tax revenues relative to historical levels.
That means not just income taxes, but payroll taxes, corporate taxes, capital gains and dividends taxes, and other sources of revenue.
And it doesn’t mean just a 29 percent increase in tax rates, but—to account for the disincentive effects of higher taxes—even higher rates so that total revenue rises by 29 percent.
That’s a pretty big deal."
"To balance the budget over the next 25 years, the Congressional Budget Office (CBO) says, would require an immediate and permanent increase in tax revenues, or reduction in spending outlays, equal to 5.4 percent of gross domestic product (GDP).
To put that in context, that equals a 29 percent increase in all federal tax revenues relative to historical levels.
That means not just income taxes, but payroll taxes, corporate taxes, capital gains and dividends taxes, and other sources of revenue.
And it doesn’t mean just a 29 percent increase in tax rates, but—to account for the disincentive effects of higher taxes—even higher rates so that total revenue rises by 29 percent.
That’s a pretty big deal."
Fond memories of Norton Shores founder, Robert Hunter, 93
Fond memories of Norton Shores founder, Robert Hunter, 93
"Family and friends of Robert Hunter are remembering the man known for his community leadership and the fair way he treated people.
Hunter, who played a key role in the transition from Norton Township to the city of Norton Shores"
His name is on the street connecting Sternberg and Ellis by the airport.
Who'd of guessed?
"Family and friends of Robert Hunter are remembering the man known for his community leadership and the fair way he treated people.
Hunter, who played a key role in the transition from Norton Township to the city of Norton Shores"
His name is on the street connecting Sternberg and Ellis by the airport.
Who'd of guessed?
Extramarital sex fuels earthquakes
Extramarital sex fuels earthquakes: Senior Iran cleric - Middle East - World - The Times of India
"TEHRAN:
A senior Iranian cleric has claimed that dolled-up women incite extramarital sex, causing more earthquakes in Iran, a country that straddles several fault lines, newspapers reported on Saturday.
'Many women who dress inappropriately ... cause youths to go astray, taint their chastity and incite extramarital sex in society, which increases earthquakes,' Ayatollah Kazem Sedighi told worshippers at Tehran Friday prayer."
"TEHRAN:
A senior Iranian cleric has claimed that dolled-up women incite extramarital sex, causing more earthquakes in Iran, a country that straddles several fault lines, newspapers reported on Saturday.
'Many women who dress inappropriately ... cause youths to go astray, taint their chastity and incite extramarital sex in society, which increases earthquakes,' Ayatollah Kazem Sedighi told worshippers at Tehran Friday prayer."
PaperCut - emailSTRIPPER
PaperCut - emailSTRIPPER -
"emailStripper is a free program for cleaning the '>' and other formatting characters out of your emails.
It will restore 'forwarded' or 'replied' emails back to their original state so they're easier to read."
This is a great tool!
"emailStripper is a free program for cleaning the '>' and other formatting characters out of your emails.
It will restore 'forwarded' or 'replied' emails back to their original state so they're easier to read."
This is a great tool!
Legends of Vietnam: Super Tweet
Legends of Vietnam: Super Tweet Military Aviation Air & Space Magazine
"The A-37 brought jet-propelled combat in Vietnam down from rarefied heights to the low-and-slow—where the acrid haze of rice-burning season permeated the unpressurized cockpit and you plucked bullets from Viet Cong small arms out of the armor plate under your seat after a mission.
Its claim to fame?
'I've checked around and there really isn't anyone here who can help you,' wrote a spokesperson at Cessna-Textron Inc."
Read this article and especially the comments from our American Vietnam heroes.
What a great country we live in!
"The A-37 brought jet-propelled combat in Vietnam down from rarefied heights to the low-and-slow—where the acrid haze of rice-burning season permeated the unpressurized cockpit and you plucked bullets from Viet Cong small arms out of the armor plate under your seat after a mission.
Its claim to fame?
'I've checked around and there really isn't anyone here who can help you,' wrote a spokesperson at Cessna-Textron Inc."
Read this article and especially the comments from our American Vietnam heroes.
What a great country we live in!
President's Nuclear Posturing, Part Deux: Biggest Threats Not Even On His Agenda
President's Nuclear Posturing, Part Deux: Biggest Threats Not Even On His Agenda
"So what was the major breakthrough announced by Obama at the end of the two-day conference?
That Ukraine, Chile, Mexico and Canada will be getting rid of various amounts of enriched uranium.
What a relief.
I don't know about you, but I lie awake nights worrying about Canadian uranium.
I know these people.
I grew up there.
You have no idea what they're capable of doing.
If Sidney Crosby hadn't scored that goal to win the Olympic gold medal, there's no telling what might have ensued.
Let us stipulate that sequestering nuclear material is a good thing.
But, it is a minor thing, particularly when Iran is off the table, and Pakistan is creating new plutonium for every ounce of Canadian uranium shipped to the U.S."
"So what was the major breakthrough announced by Obama at the end of the two-day conference?
That Ukraine, Chile, Mexico and Canada will be getting rid of various amounts of enriched uranium.
What a relief.
I don't know about you, but I lie awake nights worrying about Canadian uranium.
I know these people.
I grew up there.
You have no idea what they're capable of doing.
If Sidney Crosby hadn't scored that goal to win the Olympic gold medal, there's no telling what might have ensued.
Let us stipulate that sequestering nuclear material is a good thing.
But, it is a minor thing, particularly when Iran is off the table, and Pakistan is creating new plutonium for every ounce of Canadian uranium shipped to the U.S."
Ex-congressman: Someone forged aide's pay increase
Ex-congressman: Someone forged aide's pay increase
"Former congressman Eric Massa said Saturday that someone forged a $40,000 salary increase for his chief of staff, who has accused the ex-lawmaker of sexual harassment"
No shouts of "culture of corruption" from the MSM.
Meebee Massa is a democrat?
"Nothing going on here folks. Go on with your lives..."
"Former congressman Eric Massa said Saturday that someone forged a $40,000 salary increase for his chief of staff, who has accused the ex-lawmaker of sexual harassment"
No shouts of "culture of corruption" from the MSM.
Meebee Massa is a democrat?
"Nothing going on here folks. Go on with your lives..."
Thief, Brandon Hall's time on the Grand Haven Board of Education is coming to a close
Thief, Brandon Hall's time on the Grand Haven Board of Education is coming to a close
"Hall, 20, will announce his resignation from the board when it meets at 7 p.m. Monday at Mary A. White Elementary School, he said Friday.
The resignation will be effective at the beginning of the 2010-11 school year, Hall said, giving the current board time to complete the budget process and allowing those who would potentially replace him time to familiarize themselves with the district"
It gets slimier:
http://www.mlive.com/news/muskegon/index.ssf/2010/04/stipulations_in_brandon_halls.html
"Hall, 20, will announce his resignation from the board when it meets at 7 p.m. Monday at Mary A. White Elementary School, he said Friday.
The resignation will be effective at the beginning of the 2010-11 school year, Hall said, giving the current board time to complete the budget process and allowing those who would potentially replace him time to familiarize themselves with the district"
It gets slimier:
http://www.mlive.com/news/muskegon/index.ssf/2010/04/stipulations_in_brandon_halls.html
US Senate climate bill to be unveiled April 26
US Senate climate bill to be unveiled April 26
"A long-awaited compromise bill to reduce U.S. emissions of carbon dioxide and other gases blamed for global warming will be unveiled by a group of senators on April 26, sources said on Thursday."
It's coming folks.
The democrats will vote this bill in if we Americans allow it.
Let's make some noise.
"A long-awaited compromise bill to reduce U.S. emissions of carbon dioxide and other gases blamed for global warming will be unveiled by a group of senators on April 26, sources said on Thursday."
It's coming folks.
The democrats will vote this bill in if we Americans allow it.
Let's make some noise.
The Cost of Tax Preparation = Oklahoma's GSP
CARPE DIEM: The Cost of Tax Preparation = Oklahoma's GSP
"Add to that the $30 billion the IRS estimates Americans will spend out-of-pocket on tax preparation (tax software programs, tax preparers, accountants etc.), and it's equal to the $139 billion annual output of the state of Oklahoma."
There is something seriously wrong with this.
It is entirely wasted effort and expense.
Especially when 47% of Americans don't pay, don't care.
"Add to that the $30 billion the IRS estimates Americans will spend out-of-pocket on tax preparation (tax software programs, tax preparers, accountants etc.), and it's equal to the $139 billion annual output of the state of Oklahoma."
There is something seriously wrong with this.
It is entirely wasted effort and expense.
Especially when 47% of Americans don't pay, don't care.
Recovery? Hah! Just Oscillating Unemployment Claims.
Recovery? Hah! Just Oscillating Unemployment Claims. « Uncommon Misconceptions
"For the past 5 1/2 months, the initial unemployment claims data have not really changed.
Here’s what I mean:
The data are oscillating about a slowly increasing value, indicating that, if anything, unemployment claims are increasing.
That means that for the past 5 1/2 months, every time the administration has told us that the unemployment situation is slowly recovering, and that the data show “the right trend,” they have been absolutely mistaken.
The media has been doing their typical baby duck analysis: every day is a brand new day, every unemployment claims report is the first one they’ve ever seen.
So we get headlines like, “job situation improving” when the number of claims drops, and “unexpected increase” when the number rises.
For half a year the claims data has just been oscillating – going nowhere.
And nobody seems to have noticed."
"For the past 5 1/2 months, the initial unemployment claims data have not really changed.
Here’s what I mean:
The data are oscillating about a slowly increasing value, indicating that, if anything, unemployment claims are increasing.
That means that for the past 5 1/2 months, every time the administration has told us that the unemployment situation is slowly recovering, and that the data show “the right trend,” they have been absolutely mistaken.
The media has been doing their typical baby duck analysis: every day is a brand new day, every unemployment claims report is the first one they’ve ever seen.
So we get headlines like, “job situation improving” when the number of claims drops, and “unexpected increase” when the number rises.
For half a year the claims data has just been oscillating – going nowhere.
And nobody seems to have noticed."
Thanks For What?
Thanks For What?
"In fact, that wasn't his promise at all.
Here's what candidate Obama really said in September of 2008:
'Under my plan, no family making less than $250,000 a year will see any form of tax increase.
Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.'
Got that? 'Not any of your taxes.'
The claim of no tax hikes on those below $250,000 as a result of the current administration's policies is completely and utterly false.
A report from the House Ways & Means Committee's GOP members notes that, since January 2009, Congress and the president have enacted $670 billion in tax increases.
That's $2,100 for each person in America.
At least 14 of those tax hikes, the report says, break Obama's pledge not to raise taxes on those earning less than $250,000.
Roughly $316 billion of the tax hikes — 14 increases in all — hit middle-class families, the report says."
"In fact, that wasn't his promise at all.
Here's what candidate Obama really said in September of 2008:
'Under my plan, no family making less than $250,000 a year will see any form of tax increase.
Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.'
Got that? 'Not any of your taxes.'
The claim of no tax hikes on those below $250,000 as a result of the current administration's policies is completely and utterly false.
A report from the House Ways & Means Committee's GOP members notes that, since January 2009, Congress and the president have enacted $670 billion in tax increases.
That's $2,100 for each person in America.
At least 14 of those tax hikes, the report says, break Obama's pledge not to raise taxes on those earning less than $250,000.
Roughly $316 billion of the tax hikes — 14 increases in all — hit middle-class families, the report says."
The Contract from America
The Contract from America
1. Protect the Constitution
Require each bill to identify the specific provision of the Constitution that gives Congress the power to do what the bill does. (82.03%)
2. Reject Cap & Trade
Stop costly new regulations that would increase unemployment, raise consumer prices, and weaken the nation’s global competitiveness with virtually no impact on global temperatures. (72.20%)
3. Demand a Balanced Budget
Begin the Constitutional amendment process to require a balanced budget with a two-thirds majority needed for any tax hike. (69.69%)
4. Enact Fundamental Tax Reform
Adopt a simple and fair single-rate tax system by scrapping the internal revenue code and replacing it with one that is no longer than 4,543 words—the length of the original Constitution. (64.90%)
5. Restore Fiscal Responsibility & Constitutionally Limited Government in Washington
Create a Blue Ribbon taskforce that engages in a complete audit of federal agencies and programs, assessing their Constitutionality, and identifying duplication, waste, ineffectiveness, and agencies and programs better left for the states or local authorities, or ripe for wholesale reform or elimination due to our efforts to restore limited government consistent with the US Constitution’s meaning. (63.37%)
6. End Runaway Government Spending
Impose a statutory cap limiting the annual growth in total federal spending to the sum of the inflation rate plus the percentage of population growth. (56.57%)
7. Defund, Repeal, & Replace Government-run Health Care
Defund, repeal and replace the recently passed government-run health care with a system that actually makes health care and insurance more affordable by enabling a competitive, open, and transparent free-market health care and health insurance system that isn’t restricted by state boundaries. (56.39%)
8. Pass an ‘All-of-the-Above” Energy Policy
Authorize the exploration of proven energy reserves to reduce our dependence on foreign energy sources from unstable countries and reduce regulatory barriers to all other forms of energy creation, lowering prices and creating competition and jobs. (55.51%)
9. Stop the Pork
Place a moratorium on all earmarks until the budget is balanced, and then require a 2/3 majority to pass any earmark. (55.47%)
10. Stop the Tax Hikes
Permanently repeal all tax hikes, including those to the income, capital gains, and death taxes, currently scheduled to begin in 2011. (53.38%)
1. Protect the Constitution
Require each bill to identify the specific provision of the Constitution that gives Congress the power to do what the bill does. (82.03%)
2. Reject Cap & Trade
Stop costly new regulations that would increase unemployment, raise consumer prices, and weaken the nation’s global competitiveness with virtually no impact on global temperatures. (72.20%)
3. Demand a Balanced Budget
Begin the Constitutional amendment process to require a balanced budget with a two-thirds majority needed for any tax hike. (69.69%)
4. Enact Fundamental Tax Reform
Adopt a simple and fair single-rate tax system by scrapping the internal revenue code and replacing it with one that is no longer than 4,543 words—the length of the original Constitution. (64.90%)
5. Restore Fiscal Responsibility & Constitutionally Limited Government in Washington
Create a Blue Ribbon taskforce that engages in a complete audit of federal agencies and programs, assessing their Constitutionality, and identifying duplication, waste, ineffectiveness, and agencies and programs better left for the states or local authorities, or ripe for wholesale reform or elimination due to our efforts to restore limited government consistent with the US Constitution’s meaning. (63.37%)
6. End Runaway Government Spending
Impose a statutory cap limiting the annual growth in total federal spending to the sum of the inflation rate plus the percentage of population growth. (56.57%)
7. Defund, Repeal, & Replace Government-run Health Care
Defund, repeal and replace the recently passed government-run health care with a system that actually makes health care and insurance more affordable by enabling a competitive, open, and transparent free-market health care and health insurance system that isn’t restricted by state boundaries. (56.39%)
8. Pass an ‘All-of-the-Above” Energy Policy
Authorize the exploration of proven energy reserves to reduce our dependence on foreign energy sources from unstable countries and reduce regulatory barriers to all other forms of energy creation, lowering prices and creating competition and jobs. (55.51%)
9. Stop the Pork
Place a moratorium on all earmarks until the budget is balanced, and then require a 2/3 majority to pass any earmark. (55.47%)
10. Stop the Tax Hikes
Permanently repeal all tax hikes, including those to the income, capital gains, and death taxes, currently scheduled to begin in 2011. (53.38%)
Friday, April 16, 2010
The Teacher Pension Nightmare
The Teacher Pension Nightmare - Forbes.com
"Pension and retirement plans all over America have lost value.
Plans covering public school teachers, by their own admission, are underfunded by $332 billion.
However, the plans' real funding gap is far worse than their financial statements show, at nearly a trillion dollars--and you and I will bear the burden of covering their shortfall.
The story of how this happened is familiar:
States expanded their promises to retirees when times were good.
Then, the economy tanked, pension assets fell in value and states skirted their obligations to deposit cash in pension funds--all causing a funding gap.
But because benefits are contractually guaranteed, the obligation to cover any funding shortfall lies with taxpayers."
"Pension and retirement plans all over America have lost value.
Plans covering public school teachers, by their own admission, are underfunded by $332 billion.
However, the plans' real funding gap is far worse than their financial statements show, at nearly a trillion dollars--and you and I will bear the burden of covering their shortfall.
The story of how this happened is familiar:
States expanded their promises to retirees when times were good.
Then, the economy tanked, pension assets fell in value and states skirted their obligations to deposit cash in pension funds--all causing a funding gap.
But because benefits are contractually guaranteed, the obligation to cover any funding shortfall lies with taxpayers."
States Face ‘Staggered’ Recovery
States Face ‘Staggered’ Recovery, Pew’s Urahn Says
"Investors in municipal bonds should purchase higher-rated debt and diversify across the states, LaRosa said.
Buyers should focus on pre-refunded municipal bonds, a tax-exempt security payable from U.S. Treasuries in escrow that are left in the market after refinancing deals, and callable debt.
Lower-rated states, such as California and Illinois, are not yielding enough to merit the risk of investment, LaRosa said."
"Investors in municipal bonds should purchase higher-rated debt and diversify across the states, LaRosa said.
Buyers should focus on pre-refunded municipal bonds, a tax-exempt security payable from U.S. Treasuries in escrow that are left in the market after refinancing deals, and callable debt.
Lower-rated states, such as California and Illinois, are not yielding enough to merit the risk of investment, LaRosa said."
Dimwitted fake Tea Partier Justin Lewis of law firm Gordon & Rees doesn't fool anyone
W.C. Varones: Dimwitted fake Tea Partier Justin Lewis of law firm Gordon & Rees doesn't fool anyone
"At the Midway PO, surrounded by signs saying, 'Plant' and 'Not a Tea Partier.'
Try again next time, Obamabot!
The man was identified by Tea Partiers who recognized him as lawyer Justin Lewis from a firm called Gordon & Rees."
Too funny!
"At the Midway PO, surrounded by signs saying, 'Plant' and 'Not a Tea Partier.'
Try again next time, Obamabot!
The man was identified by Tea Partiers who recognized him as lawyer Justin Lewis from a firm called Gordon & Rees."
Too funny!
Gotta love his obliviousness to his shirt.
I'm sure his law firm is proud....or his ex-law firm....
I'm sure his law firm is proud....or his ex-law firm....
More on the dufus;
Mark Steyn: Obama's nuke summit dangerously delusional
Mark Steyn: Obama's nuke summit dangerously delusional
"What Obama and his empty showboaters failed even to acknowledge in their 'security' summit is the reality of the Post-Big Five nuclear age:
We're on the brink of a world in which the wealthiest nations, from Canada to Norway to Japan, can barely project meaningful force to their own borders while the nickel 'n' dime basket-cases go nuclear.
How long do you think that arrangement will last?"
More.
Read it all and ...buy cans of spam?
"What Obama and his empty showboaters failed even to acknowledge in their 'security' summit is the reality of the Post-Big Five nuclear age:
We're on the brink of a world in which the wealthiest nations, from Canada to Norway to Japan, can barely project meaningful force to their own borders while the nickel 'n' dime basket-cases go nuclear.
How long do you think that arrangement will last?"
More.
Read it all and ...buy cans of spam?
Mark Steyn: Obama's nuke summit dangerously delusional
Mark Steyn: Obama's nuke summit dangerously delusional nuclear, obama, summi
"In years to come – assuming, for the purposes of argument, there are any years to come – scholars will look back at President Barack Obama's Nuclear Security Summit and marvel.
For once, the cheap comparisons with 1930s appeasement barely suffice:
To be sure, in 1933, the great powers were meeting in Geneva and holding utopian arms-control talks even as Hitler was taking office in Berlin.
But it's difficult to imagine Neville Chamberlain in 1938 hosting a conference on the dangers of rearmament, and inviting America, France, Brazil, Liberia and Thailand ...but not even mentioning Germany.
Yet that's what Obama just did:
He held a nuclear gabfest in 2010, the biggest meeting of world leaders on American soil since the founding of the United Nations 65 years ago – and Iran wasn't on the agenda."
"In years to come – assuming, for the purposes of argument, there are any years to come – scholars will look back at President Barack Obama's Nuclear Security Summit and marvel.
For once, the cheap comparisons with 1930s appeasement barely suffice:
To be sure, in 1933, the great powers were meeting in Geneva and holding utopian arms-control talks even as Hitler was taking office in Berlin.
But it's difficult to imagine Neville Chamberlain in 1938 hosting a conference on the dangers of rearmament, and inviting America, France, Brazil, Liberia and Thailand ...but not even mentioning Germany.
Yet that's what Obama just did:
He held a nuclear gabfest in 2010, the biggest meeting of world leaders on American soil since the founding of the United Nations 65 years ago – and Iran wasn't on the agenda."
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