Saturday, February 28, 2009
You Win Some, You Lose Some
New Political Correctness Terms: Let's Predict What They May Be
- Driving too many miles
- Using too much household electricity
- Eating meat, particularly beef
- Drinking bottled water
- Watering lawns or washing cars
- Heating your home above 65 degrees
- Setting airconditioner below 78 degrees
- Listening to conservative radio
- Using too much toilet paper
- Joining the military
- making too much money
Friday, February 27, 2009
Toilet Paper Abuse: I'm with Greenpeace on this one
I remember my days in the Marines when I opned an MRE and found a packet of TP the size of strip of chewing gum. Somehow I made due. Today, people in this country (particularly those of the female gender) seem to use up an entire roll in a single sitting. This is becoming a major problem and is now considered one of the leading causes of global warming and the decline of the economy.
Start thinking green America (or brown in this case). Here is an excellent alternative to that wasteful TP: Reusable family toilet wipes. Click here to see instructions on how to use.
Full story: http://www.guardian.co.uk/environment/2009/feb/26/toilet-roll-america
Thursday, February 26, 2009
Watch the price of oil climb
Oil prices, like any commodity, are priced based on future value. Regardless of the political leanings of a given economist, to a man they understand that price is directly proportional to supply. We all remember the rise in oil prices that began in late 2007 and did not stop until the summer of 2008; But, you ask, what happened in the summer of 2008 that caused the precipitous drop of oil from almost $150 per barrel to the current level of under $35 per barrel?
On July 22nd of 2008, President Bush announced the beginning of the lease granting process I mention above. Immediately oil prices dropped and haven’t stopped. Coincidence?...I think not; but we shall see in the coming weeks how much damage this decision by the Obama administration will cause.
Wednesday, February 25, 2009
Elderly Citizens: Better Not Get Readmitted To Hospital
I'm sure there will be huge incentives to ensure that a patient is not allowed back into the hospital for the following two reasons:
1) The hospitals readmission stats will go up and cause overall govt reimbursement to go down.
2) They won't get paid for readmitting patient.
How is this going to HELP patients receieve proper healthcare? Come on now.
From Washington Post:
"The budget figures also represent significant shifts in how the United States will pay for medical care in the future.
For example, experts have identified hospital readmissions -- especially for elderly patients -- as a sign of inadequate care and unnecessary expense. About 18 percent of Medicare patients are readmitted to the hospital within 30 days of their original visit. The new approach would establish flat fees for the first hospitalization and 30-day follow-up. Hospitals with high readmission rates would be paid less."
Tuesday, February 24, 2009
Getting banks for cheap-money
What does Venezuela’s president Hugo Chavez do when he wants to obtain (nationalize) a company on the cheap?...He simply tells everyone his plans for a few weeks before-hand. This causes the stock price of the company to plummet and he can grab it at a reduced cost.
This tactic is eerily similar to what we seem to be seeing from our very own government. A series of statements hinting of nationalization of large banks, by US democrats and the Obama administration, has shaken the markets recently and directly led to the decrease in the stock price of Citibank, one of the companies on the administration’s short-list for nationalizations.
Therefore, one of the following must be true: either the Democrats in charge are showing themselves to be completely undeserving of their posts, or we have devolved into a third-world country….I’m banking (no pun intended) on the former.
Sunday, February 22, 2009
Saturday, February 21, 2009
New Economic Theory: Has the US Economy Maxed Out Its Demand For New Goods?
While doing ‘spring cleaning’ over the past few days, I noticed the material goods that we have accumulated over the past several years (a lot of which we don’t need and is just taking up space). It got me thinking. Has the US economy just simply maxed out its demand for new goods? If you think about it, most people who can positively contribute to the economy pretty much have everything they need and then some.
Compare the wealth, in quantity of material goods, of today’s typical US family with one from the 1970’s. Most people who have a driving license have their own car. Most people have their own PC or laptop. There are multiple TVs in a home. Everyone has their own personal cell phone. Everyone has a digital camera. Everyone has an Ipod or some other mobile music/video device. Most families, who desire to, have their own home. Many have more than one home. People have more clothing and shoes than they know what to do with. The list can go on, just walk around your home for a few minutes.
Several elements have contributed to this phenomenon. These elements are:
-Increased quality of certain goods
-Flood of inexpensive goods from foreign countries
-Easy access to credit
-Rapid increase in technology
First, due to increased competition, the quality of expensive goods has gone up significantly over the past few decades. This has reduced the need for frequent replacements. I have two cars that are 10 years old, and knock on wood, drive just fine and require minimal maintenance. How long would your 1970’s car last before requiring a major repair or replacement? TVs and other electronic devices work forever. My house was recently painted with paint that last 15 years. The roof was redone with shingles that last 25 years. The main reason people get replacement items these days is not that need them, but because they want the bigger and cooler version. Even when they do need to replace something, the replacement will last significantly longer.
Thanks to China and other specific foreign countries, the US market has been completely flooded with inexpensive goods over the past two decades. Anything you need can be obtained for a fraction of the price they could have decades ago. These items are so readily available that people just seem to accumulate more even though they already have perfectly functioning equivalents.
Credit (mainly in the form of credit cards and mortgages) has been so easy to obtain. And at such relatively low interest rates, it has been almost like an addictive drug. People just keep buying more stuff even though they don’t have the actual money on hand (and don’t really need it). The country is more leveraged today than in any time in history. There is evidence that the borrowing trend has gotten to a point that it can no longer be sustained.
The last component behind all of this is technology. Over the past couple of decades due to technological advances, we have been able to do more things faster and cheaper (and with less people) than ever before. And as technology continues to improve, this pace in efficiency is increasing more rapidly and dramatically.
You may ask what all of this has to do with today’s economy. Well, it all appears to have started with the real estate market. Most people, who need a house, now have one. This caused the real estate bubble to burst and ignite the financial crisis we now face. The government has installed fear in us. Collectively, we do not want to get into any further debt. And because we possess most things we need and these items last much longer, we have the luxury to hold off on buying new stuff in these uncertain times. This is causing the domino effect on the rest of the economy.
Friday, February 20, 2009
Too funny....A comic strip that says it all
Obama's Housing Plan--Another Wealth Redistribution
Thursday, February 19, 2009
Don't Breathe Or You Will Be Called A Polluter
With the new Obama appointee to the EPA leading the effort to make a decision, it is good chance that carbon dioxide will be classified as a pollutant and will be subject to heavy regulation.
Little did we know that all these years that plants were being exposed to this horrible gas and causing them to produce oxygen.
Full Story: http://www.iht.com/articles/2009/02/19/healthscience/19epa.php
A.G.Eric Holder ,On Race Issues
Wednesday, February 18, 2009
Hang Out Together Or You Are A Racist
Full Story: http://www.lasvegassun.com/news/2009/feb/18/holder-us-a-nation-of-cowards-on-racial-matters/
Tuesday, February 17, 2009
Taking Care Of Business Israeli Style
Full Story: http://www.haaretz.com/hasen/spages/1064852.html
Monday, February 16, 2009
Where's The Beef?
Giving Secrets To The Enemy
The drone attack could further inflame tempers in Pakistan where a controversy has raged over a U.S. senator's remarks that the unmanned aircraft were being operated and flown from an air base inside Pakistan.
"As I understand it, these are flown out of a Pakistani base," Dianne Feinstein chairwoman of the Senate Intelligence Committee, was quoted as saying by the Los Angeles Times on Friday.
I can guarantee you that this information was designated Top Secret and absolutely nothing will happen to this woman.
Sunday, February 15, 2009
Hurry Up And Wait
Full Story: http://www.nypost.com/seven/02152009/news/nationalnews/whats_the_rush__155255.htm
Apples & Oranges
Saturday, February 14, 2009
illegal work force
The law of unintended consequences...
As if the Republicans need yet another case study to demonstrate that they are right in this regard...we have the following loser, who apparently so thrilled by Obama's extension of unemployment benefits, thought that it sounded like a good opportunity to sit on his duff for a little while...there was only one problem...how to get fired?...read on for some comedy gold...
http://apnews.myway.com/article/20090213/D96AVT480.html
"Monetizing the debt" - Inflation is coming
Full Story: http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=88851
Friday, February 13, 2009
Way To Improve Muslim Image In US
Full Story: http://www.huffingtonpost.com/2009/02/13/founder-of-muslim-america_n_166800.html
Hurry Up Or I'll Be Late
Funny But True Video
Video: http://barefootmeg.multiply.com/video/item/56/Louis_CK_Everythings_amazing_nobodys_happy
Thursday, February 12, 2009
Oxymoron: A Congressional Truth Commission
Full Story: http://www.abcnews.go.com/TheLaw/LawPolitics/story?id=6840437&page=1
Throw The Book At Them
Full Story: http://news.yahoo.com/s/ap/20090212/ap_on_re_us/courthouse_kickbacks_10
Wednesday, February 11, 2009
'Free' Healthcare isn't worth the price
http://online.wsj.com/article/SB123413701032661445.html?mod=djemEditorialPage
Government Smart, Taxpayer Stupid
I know the word Marxism has been overplayed recently, but really...
Youtube link: http://www.youtube.com/watch?v=4mXGqIdfEC4
Free Lunch In Stimulus Package?
From the AP article:
Q: What are some of the tax breaks in the bill?
A: It includes Obama's signature "Making Work Pay" tax credit for 95 percent of workers, though negotiators agreed to trim the credit to $400 a year instead of $500 — or $800 for married couples, cut from Obama's original proposal of $1,000. It would begin showing up in most workers' paychecks in June as an extra $13 a week in take-home pay, falling to about $8 a week next January.
Full Story: http://news.yahoo.com/s/ap/20090211/ap_on_bi_ge/meltdown101_stimulus_plan_2
Tasty New Soft Drink To Be Marketed In India
Full Story: http://www.timesonline.co.uk/tol/life_and_style/food_and_drink/article5707554.ece
Tuesday, February 10, 2009
The USA actually created Al Qaeda
Full story: http://english.pravda.ru/world/asia/11-12-2008/106819-proxy_war-0
Is Murtha Going Down?
Full story: http://www.abcnews.go.com/Blotter/story?id=6840438&page=1
The Secret Start Of Universal Healtcare?
Link to complete article: http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_mccaughey&sid=aLzfDxfbwhzs
Feb. 9 (Bloomberg) -- Republican Senators are questioning whether President Barack Obama’s stimulus bill contains the right mix of tax breaks and cash infusions to jump-start the economy.
Tragically, no one from either party is objecting to the health provisions slipped in without discussion. These provisions reflect the handiwork of Tom Daschle, until recently the nominee to head the Health and Human Services Department.
Senators should read these provisions and vote against them because they are dangerous to your health. (Page numbers refer to H.R. 1 EH, pdf version).
The bill’s health rules will affect “every individual in the United States” (445, 454, 479). Your medical treatments will be tracked electronically by a federal system. Having electronic medical records at your fingertips, easily transferred to a hospital, is beneficial. It will help avoid duplicate tests and errors.