Saturday, November 05, 2011

A Funny Thing Happened on the Way to the Debate

A Funny Thing Happened on the Way to the Debate
That is an article by Newt’s daughter entitled “Setting the Record Straight”.
It turns out that all of the stories about Newt’s first wife being served with divorce papers on her deathbed were false, on three counts.
One, Jackie Battley Gingrich is very much alive!
The tumor was benign.
Two, it was Jackie who sought the divorce.
Three, Newt did not abandon his wife.
In fact he took his children to the hospital to visit their mother.

The Case for Pessimism

The Case for Pessimism « Commentary Magazine
If you think like President Obama and believe nations are not defined by their differences, then China’s great leap forward is not that big a deal.
But if you think, like someone who has given it a moment’s thought, that nations are defined by their differences, it is a very big deal.
Most immediately, it means that the fellow elected next November will be the last president of the United States to preside over the world’s leading economy.
This should be a source of shame to every American.
It is not.
Not yet.
Instead, we battle over trivialities.

Penn St ex-coach, others charged in child sex case

Penn St ex-coach, others charged in child sex case
Penn State athletic director Tim Curley and another school administrator were charged Saturday with perjury and failure to report in an investigation into allegations that former football defensive coordinator Jerry Sandusky sexually abused eight young men, state prosecutors said.
Sandusky, 67, of State College, was arrested Saturday and released on $100,000 bail, the attorney general's office said.

Curley, 57, and Penn State vice president for finance and business Gary Schultz, 62, both of Boalsburg, were expected to turn themselves in Monday in Harrisburg.
Schultz's position includes oversight of the university's police department.

The 10 Emptiest US Cities - CNBC

The 10 Emptiest US Cities - CNBC
The 10 Most Vacant Cities

Detroit isn't #1?
Devil's Night to the rescue?

How Grade Inflation Hurts Math and Science Education

The Volokh Conspiracy » How Grade Inflation Hurts Math and Science Education
If taking math, science and engineering courses requires students to sacrifice their GPAs and class standing, it should be no surprise that many choose other courses of study.

Traders From Chicago Board Of Trade Dump McDonald’s Applications On Occupy Chicago Protesters

Traders From Chicago Board Of Trade Dump McDonald’s Applications On Occupy Chicago Protesters Mediaite
In the middle of an Occupy Chicago teach-in this week, traders at the Chicago Board of Trade dumped several sheets of paper on top of the heads of protesters below.
Demonstrators were angered to find out they were showered with employment applications for McDonald’s

Friday, November 04, 2011

Thursday, November 03, 2011

IL Taxpayers Cover Teacher Pension Contributions

IL Taxpayers Cover Teacher Pension Contributions Heartlander Magazine
Teachers in nearly half of Illinois’ public school districts contribute nothing from their weekly paychecks to their pensions, according to the Illinois Policy Institute (IPI).
Illinois law requires teachers to contribute 9.4 percent to their pensions and employers to contribute 9 percent.

New Words-Ineptocracy

New Words-Ineptocracy Points and Figures
The word is: Ineptocracy
1. Ineptocracy
*_Ineptocracy_****(in-ep-toc’-ra-cy) – a system of government where the least
capable to lead are elected by the least capable of producing, and where the
members of society least likely to sustain themselves or succeed, are rewarded
with goods and services paid for by the confiscated wealth of a diminishing number
of producers
*
Use in a sentence:
The occupy protesters are part of the ineptocracy movement.

How Harrisburg Borrowed Itself Into Bankruptcy

Steve Malanga: How Harrisburg Borrowed Itself Into Bankruptcy - WSJ.com
Harrisburg, the capital of Pennsylvania, is drowning in debt. City officials have known for more than four years that they'd have to deal with the fiscal mess, but they punted.
The state has engineered a bailout plan, but the city council rejected it.
Instead it has asked creditors to forgo as much as $100 million of the debt.

Mayors, unions clash on COLAs; pension forecasts defended

Mayors, unions clash on COLAs; pension forecasts defended WPRI.com Blogs
As a partial alternative to the current proposal, Rhode Island AFL-CIO President George Nee suggested lawmakers should instead raise taxes to offset some of the proposed cuts in pension benefits, saying it’s time for Rhode Island to “tax the people who can best afford and can most afford it.”

The Euro Crisis

Edward P. Lazear: The Euro Crisis—Doubting the 'Domino' Effect - WSJ.com
In their case, and in ours, the solution is primarily a reduction in the bloated size of government expenditures that come about by making promises that cannot be kept.

READ THIS!

Pension Red Alert: 70% Of Pensions Are Never Audited

Pension Red Alert: 70% Of Pensions Are Never Audited - Forbes

Hawaii State Liabilities Climb by 60 Percent in Two Years; Expert Calls the News ‘Shocking’

Hawaii State Liabilities Climb by 60 Percent in Two Years; Expert Calls the News ‘Shocking’ Hawaii Reporter
Sheila Weinberg, founder and CEO of the Institute for Truth in Accounting, called the state’s liability in the report “shocking", particularly when it comes to the increase in costs for medical services for state employees.

Wednesday, November 02, 2011

Global warming is over, says expert

Express.co.uk :: Global warming is over, says expert
But this last point is one which Prof Curry has furiously rebuttted.
In a serious clash of scientific experts Prof Curry has accused Prof Muller of trying to “hide the decline in rates of global warming”.
She says that BEST’s research actually shows that there has been no increase in world temperatures for 13 years.

Colorado voters reject raising taxes to support education

Colorado voters reject raising taxes to support education - latimes.com
In what could be a harbinger of the 2012 election, Colorado voters Tuesday overwhelmingly rejected a measure that would have raised nearly $3 billion for education by temporarily increasing state income, sales and use taxes.

Name one kid whose "education" would improve with more money to teachers and administrators.

Occupy Wall Street

Occupy Wall Street Arrest Records Mansions Housing The Daily Caller
Among addresses for which information is available, single-family homes listed on those police intake forms have a median value of $305,000 — a far higher number than the $185,400 median value of owner-occupied housing units in the United States.

$184,000 is the median?!!!!!

Eric Holder Was Right

Eric Holder Was Right - WSJ.com
At a party the other night we met a young black businessman who had graduated from Atlanta's Morehouse College--the elite traditionally black institution that is also Cain's alma mater--before earning a master's in engineering at Columbia University.
He told us that his experiences at the two schools were dramatically different:
"At Morehouse, I was never aware of my race, and there were no excuses."
He said that at Columbia, racial awareness was constant, and when a black student slipped up--say, by showing up late for class--allowances were made because of his race.

The Euro Crisis

Edward P. Lazear: The Euro Crisis—Doubting the 'Domino' Effect - WSJ.com
Closer to home, the same issues that threaten Europe may soon become immediate concerns to Americans.
To understand why, consider two theories of economic destruction, which can be labeled the domino theory and the popcorn theory.

The Naked Dollar: Occupy This

The Naked Dollar: Occupy This
The Naked Dollar visited Zuccotti Park today, site of the largest and now famous Occupy Wall Street protest.
I am here to report what I saw.
I will come back to the picture above, which was most definitely not an "Occupy" rally.

Lawmakers to Propose Transaction Tax for Financial Firms Modeled on Europe

Lawmakers to Propose Transaction Tax for Financial Firms Modeled on Europe - Bloomberg
Senator Tom Harkin, an Iowa Democrat, and Representative Peter DeFazio, an Oregon Democrat, will introduce the bills tomorrow in their respective chambers.
The bills will give the United States an increased role in the international debate over a transaction tax, which is likely to be discussed at the Group of 20 summit this week in Cannes, France.
“It’s a significant way to raise some needed revenue,” Harkin said in an interview today in Washington.
Quite frankly, I bet nobody would even feel it.”

Tuesday, November 01, 2011

Smoking-Gun Document Ties Policy To Housing Crisis

Smoking-Gun Document Ties Policy To Housing Crisis - Latest Headlines - Investors.com
President Obama says the Occupy Wall Street protests show a "broad-based frustration" among Americans with the financial sector, which continues to kick against regulatory reforms three years after the financial crisis.
"You're seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on the abusive practices that got us into this in the first place," he complained earlier this month.
But what if government encouraged, even invented, those "abusive practices"?

Maybe it's time for a little "off with their heads....."?
The sad reality is that far too many in our country wouldn't be upset if it was "government" at fault.
Our socialist madrases have made "profit" a bad word for too many of our citizens.

Monday, October 31, 2011

Skeptic finds he now agrees global warming is real

My Way News - Skeptic finds he now agrees global warming is real
What's different, and why everyone from opinion columnists to "The Daily Show" is paying attention is who is behind the study.
One-quarter of the $600,000 to do the research came from the Charles Koch Foundation, whose founder is a major funder of skeptic groups and the tea party.
The Koch brothers, Charles and David, run a large privately held company involved in oil and other industries, producing sizable greenhouse gas emissions.

The very angry first lady Michelle Obama

CURL: The very angry first lady Michelle Obama - Washington Times
Mad Michelle this week popped down to Davis Island, Fla., to hobnob with the very people her husband despises - the 1 percent.

Saturday, October 29, 2011

Occupy DC to secede from the United States? [VIDEO] |

Occupy DC to secede from the United States? [VIDEO] The Daily Caller
The Daily Caller visited the Occupy DC encampment on Friday and interviewed union organizer Anthony Sluder.
While Sluder appeared to be in charge, he preferred to describe himself as “the one who is informed to inform you.”
Check out what Sluder told TheDC about the “occupiers” and their plan to — you heard it right — secede.

GOLDMAN: Stop Kidding Yourself, The Economy Is Weak And Got Worse In October

GOLDMAN: Stop Kidding Yourself, The Economy Is Weak And Got Worse In October
Remember, this past week, Q3 GDP came in at 2.5%, nearly double the pace of the previous quarter.
And the stock market has rebounded sharply thanks to a surprise string of stronger-than-expected economic data.
But don't get too excited.

From Goldman's Shuyan Wu
"The GSAI fell 0.9 points from 43.3 in September to 42.4 in October.
This is the third straight decline since July, and the second straight month that the headline index has registered below the 50 mark (a sub-50 reading implies that more analysts see contraction in their sectors than expansion)".