From Pine View Farm

December, 2009 archive

QOTD 1

Thoreau at Unqualified Offerings:

Has it occurred to (the talking head on television–ed.) that maybe “taking responsibility for their own security” and “siding with uninvited and heavily armed foreigners” are not quite the same thing in the inscrutable* Afghan mind?

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*Refers to this.

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First Things First 1

Via Delaware Liberal.

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The Entitlement Society 0

Banksters, adding cost, not value:

The “fair and reasonable” price financial advisers recommended to the Metropolitan Water Reclamation District of Greater Chicago for the biggest borrowing in its history cost taxpayers $8 million in unnecessary interest and resulted in a bonanza for bankers and investors, according to trading data and to documents initially withheld from the public.

Another name for this might be “churning and skimming.”

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In the Footsteps of Dr. Harry Byrd 0

Blue Cross used to be non-profit. Now it is non-principled:

After months of fierce insurance industry opposition to the bill, Blue Cross is working secretively with conservative front group American Legislative Exchange Council to use the issue of states’ rights as a pretext to declaring health reform unconstitutional.

The next step, of course, will be to close the public schools hospitals rather than admit darkies non-rich patients.

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On the Preservation of Marriage as an Institution 0

In pictures.

Aside: Rush Limbaugh is preserving his fourth. He’s gaining on Larry King and Liz Taylor.

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We Need Single Payer 0

The whole darn system of tying health insurance to employment was absurd from the git-go; that may be why every other industrialized company does it differently.

A house built on sand and all that, dedicated to the proposition of paying insurance company execs’ country club memberships and Wall Street Banksters trading fees.

Now it is falling apart, and we can see who is more important to our elected representatives incongruously assembled: rich folks or rickety folks.

Look what happens when COBRAs are unleashed:

The government’s COBRA subsidy will expire this month for many people who lost their jobs between September 2008 and February of this year and are still out of work. The federal subsidy, adopted in March in the midst of the deep recession, paid 65 percent of the cost of monthly insurance premiums for up to nine months.

An effort has emerged in Congress to extend the aid, but deficit concerns may make that a tough sell. The end of the subsidy would be a major blow for people battling extended joblessness.

The cost of maintaining the average policy was $398 per month for a family and $144 for an individual, according to the Kaiser Family Foundation. Once the subsidy expires, that cost jumps to $1,137 per month for family coverage and $410 per month for individual coverage.

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Missionary Statement 0

El Reg:

Cosmpolitan has done its bit to fight the terrifying advance of the H1N1 pig plague by advising its readers to avoid the missionary position during sex and instead adopt the reverse cowgirl (!?!–ed.).

As a long-time reader of Playboy; a common sewer of books by my favorite author, Anonymous; and an internet veteran, and as one who also knows a person whose offspring subscribes to Cosmopolitan, I say unabashedly that Cosmopolitan is the smarmiest, trashiest thing I have ever read in my life.

Not necessarily the most prurient nor the most explicit, but easily the smarmiest and trashiest.

(Yes, I saw the article that El Reg discusses. It was, indeed, too stupid for words.)

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‘Tis the Season 0

To go looking for a fight in a spirit of love and brotherhood.

I have figured it out.

In fact, I figured it out long ago, but only just connected it to the wingnut fantasies of a War on Christmas. (Hell, if there’s a War on Christmas in these parts, Christmas won long ago.)

Some folks just ain’t happy unless they’re hatin’ on something or someone. Nothing to hate, they make something up.

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Why Being a News Junkie Is a Good Thing 0

From Scientific Blogging:

The results of the study demonstrated that Americans who pay attention to the news are better able to prudently evaluate a foreign policy, while those Americans who tend to ignore political news are heavily swayed by what the White House tells them. Reading or watching the news allows citizens to evaluate what the president says rather than just accept the bill of goods, Drury said.

The summary of the study did not consider real vs. faux news.

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QOTD 0

Aldous Huxley, from the Quotemaster:

Facts do not cease to exist because they are ignored.

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Bubblicious 1

Commercial real estate–the other shoe is still dropping:

It’s just a hint of the harrowing state of affairs in commercial real estate, where vacancies are on the rise across virtually all sectors, rents and property values are dropping, building owners are low on funds, and financing options are drying up.

And bad as things are, they’re expected to get worse – the next slide in the snowballing economic crisis that began with the collapse of the housing market and continues to claim casualties.

(snip)

For instance, a property bought in 2005 for $10 million with a $7 million mortgage now might be valued at $6 million, said Steve Blank, a senior fellow in finance at the Washington-based Urban Land Institute.

Since these folks are losing their Armani shirts for whole shopping centers and office buildings, rather than for one bungalow or condo, there will be no shortage of state and local government help for them and no pundits calling them deadbeats for taking out the loans in the first place.

No, they are merely victims of the economy. It is only the poor who are responsible for their own fates.

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Jobs Program 0

The inmates do the work for free — a perfect fit for local governments who are looking for ways to stretch their budgets.

“We’ve received probably twice as many requests for free labor,” said Les Moore, a major at the detention center. “It’s definitely because of the economy.”

Not that I have anything against inmates doing something useful and, frankly, I suspect they enjoy getting out and about, but, when unemployment is around 10% and real unemployment is no doubt much higher, this does look a bit like balancing the budget on the backs of the jobless.

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The Internet Is a Public Place 0

I have avoided the Tiger Woods thing for two reasons: It’s boring, and he has never set himself up to dictate the definition of virtue to others.

But it is a reminder:

E-mail is about 27 years old, person-to-person texting 16. Yet smart, powerful, prominent men in amorous situations seem unable to understand the brute facts. As in e-mail is forever. (Even if you melt down your computer, your e-mail is on someone else’s hard drive, too.) As in text messages and voice mail are not secure. Not. Secure.

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Light Bloggery 2

I’ve decided to do no thinking today.

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Dustbiters 0

While I was unloading my truck, more banks bit the dust:

Another one(s) bites the dust:

Remember, these were the folks who needed to be deregulated because they were never wrong, they were always right.

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We Need Single Payer 0

One of my Facebook friends–someone I actually know a little better than most of them–has just suffered a sudden hearing loss.

The doctor says she needs hearing aids.

Her insurance doesn’t cover hearing aids.

This is not right.

I remember when health insurance companies adopted the HMO model in the late 70s. They promised that, by moving to that method, they could

  1. keep costs down
  2. keep premiums reasonable, and still
  3. make a profit.

The only promise they have delivered is number 3.

They have had their chance and failed.

It really is all about their country club memberships.

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Remember the Cabbage Patch Dolls! 1

And the Power Rangers.

And the Beanie Babies.

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“Lycra-Clad Velociraptors” 2

The Guardian reports on a staged-for-TV debate over bicyclists in London.

The anti-cyclist rhetoric was rather over the top, but Jeez-oh-man, this is a great line, and, sadly, it contains some truth. Leave it to the Brits to turn a phrase:

“To a cyclist, a red light is merely a way of bringing a dash of colour to a city street.”

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A Real High High 0

Via MarketWatch.

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Nothing To Do, Nowhere To Go (Updated) 1

Unemployment figures less bad this week. Bloomberg:

Recent readings on claims for jobless benefits signal firings are slowing as the economy grows. The number of Americans filing first-time claims for unemployment insurance unexpectedly declined by 5,000 to 457,000 in the week ended Nov. 28, the fewest since September 2008, figures from the Labor Department today showed.

“The labor market is turning,” said Dean Maki, chief U.S. economist at Barclays Capital Inc. in New York. “We are set to break into positive job growth over the next few months. The recovery is proceeding on schedule.”

I do find the quotation in the second paragraph to show the hubris one would expect from a Master of the Universe.

Where, praytell, is this schedule of which he speaks?

Addendum:

Bonddad.

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