From Pine View Farm

2011 archive

The Coming Electronic Takeover 0

This just doesn’t seem right or fair:

Overnight commuters who use Pocahontas 895 in Varina (southeast of Richmond, Va.–ed.) no longer will be able to pay tolls at the main toll plaza by cash. Beginning July 31, those who pass through the toll between 11 p.m. and 5 a.m. daily must pay either by E-Z Pass or Visa or Mastercard credit or debit cards.

(snip)

Legal TenderThe automated toll equipment will not accept cash, debit cards that require use of a PIN, or any card other than Visa or Mastercard. Cash will still be accepted at the main toll plaza between 5 a.m. and 11 p.m. daily.

So much for “legal tender.”

Share

What Would Default Mean? 0

MarketWatch explains:

Share

Delay-ing Tactics 0

Megan Carpentier, writing at the Guardian, contrasts John Boehner’s leadership with the iron-fisted tactics of Tom Delay, who is currently living off the dole in some penitentiary somewhere.

Boehner may be the only person who could make Tom Delay look good.

A snippet:

Boehner’s willingness to let his freshmen members have sway, lest they complain about his forceful leadership style, set up the situation in which we find ourselves today: a small contingent of intransigent ultra-conservatives who care little about the real-world ramifications of a debt crisis and a great deal about ideology and personal brand are holding their own leadership – and the country – hostage to a plan of spending cuts few people actually thinks is desirable or sustainable.

Share

A Modest Proposal 0

Jamie of the Intoxination blog has an idea. A snippet:

In the corporate world, the bosses pay is generally based upon the performance of the company. We hear politicians say time and time again that our country should be ran like a business. Well if that’s the case then it’s beyond time to put this same general rule in play with our leaders. Instead of members of Congress deciding when and what raises they get, it’s time to base it upon the performance of our country.

It’s time to tell them that their benefits are on the line. Let them go out and deal with the insurance companies. Let them and their families get denied care. Make them feel the pain that a vast majority of our nation feels.

Share

Pointing Out the Obvious 0

The Rude One dissects wingnut coverage of a news story, then points out the obvious:

They lie, this awful, destructive right wing. Often. And repeatedly. And they lie with such brazenness and bravado that it’s as if lies are steel-toed boots kicking in the teeth of truth. How do you fight that?

Details of his research (and lots of rudeness) at the link.

Share

QOTD 0

Edward Bellamy:

The primal principle of democracy is the worth and dignity of the individual.

Share

Dustbiters 0

More blanked banks. They exceeded their debt ceilings:

Share

No Commando Airline 0

Words fail me.

Via Field.

Share

Twits on Twitter 0

OhMyGov! reports that, although Twitter does not require its users to register as male or female, that analyzing tweets can be revealing:

. . . there are certain “buzzwords” that can often be found by analyzing the output of female tweeters. Phrases such as “chocolate” and “shopping” are among the most repeated for women tweeters. The most popular phrases for men, you ask? “Http” and “Google”…hey we never said either gender was more interesting than the other.

In other news, they found a nest of twittering twits.

Share

Third Parties 0

The Richmonder observes (emphasis added):

There are effectively three parties in the House now: Republicans, Democrats, and Tea Particans. Republicans and Tea Particans got together and elected Boehner speaker, but really they are two different parties with different beliefs and goals. The Republican Party was foolish to think they would be able to control and use the Tea Party.

As I remarked in a comment yesterday, I suspect that the folks who astroturfed the Teabaggers are having second thoughts right now.

Share

Facebook Frolics 0

Facebook would pretty much be the last internet place where someone should try to hide. After all, it defaults to naked social:

A fugitive fool who taunted cops on his Facebook page, “Catch me if you can, I’m in Brooklyn” – has been captured by U.S. marshals.

And guess where.

Victor Burgos was sitting at a computer with his Facebook page open . . . .

Via Dave Barry.

Share

Dett Debt 0

Share

The Last Victim Show 0

Via Bob Cesca’s Awesome Blog.

Share

The Voter Fraud Fraud 0

Share

Try the Chinese: It’s Bubblelicious 1

At Asia Times, Mike Davis theorizes that the economies of the European Union, the United States, and China are headed for a collision (he also makes a side trip to the hot rod tales of Henry Felsen, many of which I read). Like almost everything in Asia Times, it’s worth a look.

What caught my eye particularly is this:

In addition to making everything else, China now seems to making its own homegrown banksters, who are adopting the tactics of our own U. S. variant and feeding-frenzying a real estate bubble:

In effect, a shadow banking system has arisen with big banks moving loans off their balance sheets into phony trust companies and thus evading official caps on total lending. Last week, Moody’s Business Service reported that the Chinese banking system was concealing one-half-trillion dollars in problematic loans, mainly for municipal vanity projects. Another rating service warned that non-performing loans could constitute as much as 30% of bank portfolios.

Real-estate speculation, meanwhile, is vacuuming up domestic savings as urban families, faced with soaring home values, rush to invest in property before they are priced out of the market. (Sound familiar?) According to Business Week, residential housing investment now accounts for 9% of the gross domestic product, up from only 3.4% in 2003.

It sounds a lot like the U. S. real estate market, circa 2005.

This can’t be good.

Share

QOTD 0

Walter Lippmann:

Brains, you know, are suspect in the Republican Party.

Share

“A Time Most of Us . . . Have Never Seen Before” (Updated) 0

A time of no compromise.

(Hint: The Dems have been trying to compromise.)

Addendum:

Blank Check

Tim F. comments (not on the cartoon, on the situation):

Word has it that Boehner retired to redraft the bill and win some teatard votes. The worst bill in American history amended by a sleep-deprived guy under tremendous stress, to please the stupidest group of legislators in American history. What could possibly go wrong?

The Republican Party is insane.

Cartoon via Bob Cesca’s Awesome Blog.

Share

Update from the Foreclosure-Based Economy 0

Mary Winter, writing at the Denver Post, takes a look at “strategic defaulters”–persons who walk away from their mortgages because the houses are under water–and asks, “Just who broke a promise with whom?” (emphasis added):

Most officials condemn these so-called strategic defaulters — homeowners who technically can afford to make payments but opt not to. “Any homeowner who can afford his mortgage payment but chooses to walk away from an underwater property is simply a speculator — and one who is not honoring his obligation,” said former Treasury Secretary Henry Paulson Jr.

But Paulson had it backwards.

Wall Street bankers, not homeowners, failed to honor their obligations. Bankers took excessive risks, designed loans to generate the greatest number of fees for themselves, pushed no-down and predatory loans on unqualified and financially illiterate customers, and paid lip service to modifications.

When housing collapsed, bankers took $175 billion in taxpayer bailouts and, to show their gratitude, promptly handed out $33 billion in performance bonuses to their executives.

Share

Beastly 0

The Beast

Via McClatchy.

Share

A Dent in Dental 0

Dental deflation:

Compared with a year ago, youngsters reaching under their pillows have found an average of 40 cents less per tooth, according to a recent Visa Inc. survey.

The going rate nationally per tooth is down to $2.60 from $3.

Three dollars!

Share