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Description: Significant or interesting news items with editorial commentary.
Created by admin on Fri 28 of Sep, 2007 [07:13 UTC]
Last modified Mon 21 of Jul, 2008 [17:20 UTC]
(324 posts | 31357 visits | Activity=2.00)
Boris Tadic declares victory in Serbian elections
Was there ever any doubt?
OJ did it.
I forget where I read it, but it might have been Crime Library, that had an excellent overview of what really happened, that cut through all the LIES in the media.
The reason for my interest in this case was that it opened my eyes to the way the media systematically LIES to smear the innocent and protect the guilty but powerful.
USAs infrastructure collapsing--true but...
It's hard being me. On the one hand a dissident, but on the other reluctant to jump aboard the officially-approved alternative bandwagon.
It is absolutely true that our infrastructure is collapsing. I can watch it daily.
What is not being said is that there's not much to be done about it at this point.
WE DO NOT HAVE THE CAPITAL to rebuild the infrastructure. Furthermore, the mindset is all wrong anyway. If the government, or even a private organization, started rebuilding our infrastructure, it would be devoted to building more roads we don't need, for a doomed transportation system that feeds of gasoline that we're running out of. My state is already burning up huge amounts of money building new roads, new lanes, new bridges, etc, and THEY CAN'T KEEP WHAT THEY'VE GOT IN REPAIR.
FURTHERMORE, the status quo is so inefficient the only way to solve the problem is to destroy the system.
Seattle's pathetic little bus tunnel cost $billions. Why? Because they had staff on the payroll like a lesbian feminist hired to audit affirmative action compliance in contracts. UNDERSTAND ME: they needed someone to audit the auditors!! Her job was to make sure that the affirmative action staff were affirmatively acting. Contracts were awarded on the basis of political connections not cost. Money was no object.
(How do I know of this person's existence? She ended up in my wife's hospital which is a story in itself...).
Everything is like that. We are paralyzed with corruption and massive inefficiency. The friction goes around looking for a machine.
One day I went to do work on my 4-plex, and all hell had broken loose. The electrical transmission lines were on fire and it was spreading. You see, they do not have maintenance schedules on any of the infrastructure; it gets attention when it breaks and causes a crisis. The insulation had worn off, and the bare wires had started a fire.
This organization infiltrated Seattle City Light decades ago. The founder, Clara Frasier, abused her position to recruit other party members into paid positions in the utility, ultimately resulting in working productive people being fired to create positions for these abominations. Although she was justly fired for this, an activist court re-instated her with back pay and a lot of other perks, giving her even more power to corrupt the utility for political purposes.
Those of you who live in relatively new suburbs probably have no idea what I am talking about. You will. This is pretty typical of most of the large cities around which most of the population actually live. Your own infrastructure is tied to the rest of this mess--electrical grids going down can take out your electricity too. The big vulnerability is when spare parts manufactured in another country stop showing up.
News of the absurd: Dina Lohan named mom of the year
A Long-Island? based organization known as "Mingling Moms" drew jeers, protests, and hoots naming Lindsey Lohan's mother Dina as "Mom of the year".
It's bad enough that her daughter is a notorious juvenile delinquent modeling her bad behaviors to impressionable young women. She's not so nice herself. This is ludicrous.
Her ex says he was the most surprised of all (courtesy New York Post):
"Are you kidding! Top celebrity mom? Look at her off-screen antics, her lack of morals and how she conducts herself. I guess they forgot to mention how this top super-mom leaves her kids alone at night and even parties in their presence.
"She comes stumbling out of Butter at 3:15 a.m. with bloodshot eyes and a red runny nose, yelling 'Oh, bleep,' when she saw the paparazzi," Michael raged to Page Six.
He also ranted that his ex missed their weekly family therapy appointment in order to attend the award ceremony Tuesday night in Bethpage, LI.
Depends on how you define "crisis"
Paulson claims credit crisis almost over.
What is going on is that the investment banks are being bailed out. The crisis being just about over means the investment banks are safe.
My understanding is that the Fed is running low on gov't securities to swap out, and that once they are out, they will have to start monetizing. In any case, I don't think the crisis is over for the rank-and-file. I still don't see new credit being put to productive uses, but rather, to current consumption and un-necessary expenses.
I wonder what it is in the water they want us to drink...
I would guess a bottled-water ban is getting close.
This is turning into hysteria. Something besides the water stinks.
Nickels said the city's two water sources, the Cedar and Tolt rivers, produce "gold standard" water, and tap water is better than bottled water because it contains fluoride.
You WILL drink fluoride, whether you think you need to or not...dissent will not be tolerated!
"What flows from our taps is some of the finest-tasting, purest-source water in the world," he said. "That's why it makes little sense for Seattleites to waste their money on bottled water."
It STINKS and is visibly cloudy!!!! It is loaded with organic residues, which turn into carcinogenic nitrosimines when treated with the massive doses of chlorine they put in to try to compensate. The chlorine kills most of the parasites, but it doesn't clean out the cloudy organic substances floating in the water, nor does it kill cryptosporidium and a few other hardy parasites.
Finest tasting?!! It's bitter!
Nickels said all Seattle residents will receive a water report card in the mail, explaining the quality of the city's drinking water.
I don't need an explanation. I suggest those who are interested in the quality of their water send their own sample to a lab.
Andy Ryan, spokesman for Seattle Public Utilities, said older, galvanized pipes can cause rusty water, but it's still perfectly safe to drink.
Typical condescending newspaper. It's not the water, it's your rusty old pipes--like we're too STUPID to tell the difference.
Tax rebate schedule
Direct Deposit: Depending on the last two numbers of your Social Security Number, your rebate should be deposited by:
00-20: May 2
21-75: May 9
76-99: May 16
By Mail: Depending on the last two numbers of your Social Security Number, your rebate check should be mailed by:
00-09: May 16
10-18: May 23
19-25: May 30
26-38: June 6
39-51: June 13
52-63: June 20
64-75: June 27
76-87: July 4
88-99: July 11
I'm LAST on the list. Darn.
I wanna hurry up and invest it before it's worthless.
Bernanke wants more action on foreclosure crisis...
But not for the reasons stated.
His only concern is that the investment banks are already mortally wounded and on life-support. Someone on high miscalculated the risks and let this go too long.
Interesting graph. Looks almost as expected but I am puzzled at the relatively low foreclosure rates in the mid-Atlantic states, which were about as bubbly as anywhere.
I take it Maine is probably having a local recession. I was not aware of that.
Foreclosure rates are low here which is surprising, but probably more a matter of timing than real economic health. We had so many unskilled immigrants buying 3/4 million houses on minimum wage it's just a disaster waiting to happen.
My understanding is that more trouble is coming down the pipeline fairly imminently. The 2nd mortgages including the home equity lines of credit have lower priorities for repayment than first mortgages; they are not fully secured.
WASHINGTON (AP) - A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew as he urged Congress to take additional steps to alleviate the problems.
"High rates of delinquency and foreclosure can have substantial spillover effects on the housing market, the financial markets and the broader economy," Bernanke said Monday in a dinner speech to Columbia Business School in New York. "Therefore, doing what we can to avoid preventable foreclosures is not just in the interest of lenders and borrowers. It's in everybody's interest," he said.
Some 1.5 million U.S. homes entered into the foreclosure process last year, up 53 percent from 2006, Bernanke said. The rate of new foreclosures looks likely to be even higher this year, he said.
To provide more relief, Bernanke again called on Congress to give the Federal Housing Administration, which insures mortgages, more flexibility to help distressed borrowers at risk of losing their homes. He also again urged lawmakers to move ahead on legislation revamping Fannie Mae (FNM) and Freddie Mac (FRE), which finance mortgages. And, he called on the two mortgage giants to quickly raise new capital.
Is $123 oil related to recent activity in Gulf?
Forget the official explanation; I wonder if this is about a 2nd carrier group arriving in the Gulf, along with recent pro-war rhetoric.
Convicted of manslaughter for telling her husband that the man with whom she was having an affair was raping her when he caught them in the act.
Husband killed the man, whom he took to be an attacker.
The CNN video doesn't tell the whole story. At first the husband was charged with murder. The wife's story began to unravel, though, when an investigation turned up the following text message to the victim a few hours before the shooting:
"Hi friend, come see me please! I need to feel your warm embrace! If ur unable to I completely understand!!! Call me."
Judging from the publicity around the case, some people are outraged that someone could face charges for the consequences of their lies--reminding me of the Judith Miller case. In addition to manslaughter, which she has just been convicted of on the basis of her "reckless" (sic) actions, she also faces charges of filing a false report with the police.
This story hit a raw nerve with me because I have seen too many times in my life where someone plays the victim, and tells a lie, that causes harm to others.