NEWJERSEY: Gooferment Skrules transfer costs and are just wrong!

Tuesday, September 13, 2011

http://ns.gmnews.com/news/2011-09-15/Front_Page/Singlefamily_homes_approved_for_Greenview_Road_SB.html

Single-family homes approved for Greenview Road, S.B.
BY DEANNAMcLAFFERTY Staff Writer

*** begin quote ***

“Are we satisfied with 73 new homes? No.” Gambatese said. “They have the potential to bring 125 to 150 children into the school system, which is an expense. But there is not much we could do about it. We’re satisfied that we made it so that the quality of life of our residents was not ruined by the homes.”

*** end quote ***

Maybe this is a reason that the Gooferment should NOT be in the Gooferment Skrules biz?

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TECHNOLOGY: Solar Bottle Bulb

Tuesday, September 13, 2011

http://www.impactlab.net/2011/09/04/solar-bottle-bulb-a-cheap-and-sustainable-way-to-light-homes/

September 4th, 2011 at 12:52 pm
Solar Bottle Bulb – a cheap and sustainable way to light homes
in: Great New Product, Green Friendly, People Making a Difference, Science & Technology News, Solar Power

*** begin quote ***

Now a simple innovation called the “Solar Bottle Bulb” is popping out of roofs and illuminating the lives of many.

Fixed into holes in a corrugated iron roof, the “bulb” is a recycled plastic bottle that contains bleached water. Bringing more light than a traditional window that can crack or leak during typhoon season, the bottle bulbs refract the sun’s rays to create 55-watts worth of light.

*** end quote ***

Hmmm, a useful idea for any house, garage, or shed?

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POLITICAL: Refreshing honesty?

Monday, September 12, 2011

http://www.usatoday.com/news/opinion/story/2011-09-11/Rick-Perry-Social-Security/50362610/1

I am going to be honest with the American people
By Rick Perry
12 September 11

*** begin quote ***

We must have a frank, honest national conversation about fixing Social Security to protect benefits for those at or near retirement while keeping faith with younger generations, who are being asked to pay.

*** end quote ***

Sounds very reasonable to me!

Maybe that tête-à-tête with Ron Paul has transmitted some virtue into the discussion.

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TECHNOLOGY: “Low” tech? I’d call it “essential”

Monday, September 12, 2011

http://www.huffingtonpost.com/tom-vander-ark/education-innovation-_b_938991.html

Tom Vander ArkCEO, Open Education Solutions
18 Low-Tech Learning Innovations
Posted: 8/28/11 01:00 PM ET

Education Reform , Google , Teachers , Education Innovation , Education Idea , Education Innovation America , Innovation , Learning Innovations , Learning Low-Tech , Teacher Innovations , Education News

*** begin quote ***

I frequently write about new learning technologies, but there are lots of low tech learning innovations (i.e., produce better outcomes and potentially cost less). Here’s a lit of 18. I bet you can add two to the list to make it an even 20. At this point, some aren’t really innovations, they are demonstrated best practices but they exist in so few places they are worth mentioning.

1. High expectations and future focus. In the first minute of visiting an Aspire elementary school you see, feel, and hear about the college going focus — a unique and powerful combination of high expectations and future orientation.

*** end quote ***

Seems like this is a “universal” low tech list. Never saw an enterprise use this approach.

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TECHNOLOGY: Electric car dream

Sunday, September 11, 2011

http://brownlovesgreen.com/2011/09/10/clean-cars-mean-green-jobs

Clean Cars Mean Green Jobs

SEPTEMBER 10, 2011

by Lindsay E. Brown

*** begin quote ***

It’s one of my life’s great ironies; I loathe the big, bad oil companies, and yet my boyfriend and I purchase it every week. We’re saving up to change that, but it’s besides my point.

*** and ***

The electric vehicle (EV) industry is bringing automotive production back home and creating jobs. With the technology for EVs steadily improving, and gas prices volatile, consumers are more interested in EVs than ever before.

Our economy and our citizens will not only benefit from domestic production, just like we did way back when, but also in the production of powertrains, batteries packs, and other components.

*** and ***

The Chevy Volt is another fine example of a hybrid-electric car that’s creating jobs for Americans. In the past year, GM has invested nearly $1 billion in electric vehicles. Their investment of $270 million on an electric motor plant near Baltimore, Md., will create more than 200 green-collar and managerial positions, along with hundreds of assembly-line jobs when the plant starts production.

*** end quote ***

If wishes were horses, beggars would ride. Electric cars are not the solution. At least not yet; who knows what the future will hold. In the meantime, there are two type of “green people”. The watermelons, for whom green is about control of people. And, all the rest who are dreamy idealists.

Economics, that dismal science, tells us that there are resources that are scarce. There are different political systems for allocating them. Free market capitalism, which is not what is practiced in the USA, has been shown to equalize opportunity while spreading benefits in a complex calculus that makes everyone roughly equally happy / unhappy. When Gooferment leaves people to their own devices, magic happens. Stuff (wealth) gets created. Up out of the masses yearning to be free comes immense benefits. Our “poor” are far better off than the “poor” of the past. Our “poor” are far better off than the “poor” in third world countries.

While your love affair with electric cars is “cute”, the economics are not there. Despite Gooferment putting its giant “thumb” on the economics, electric cars aren’t solving folks’ problems. Are not “satisfying their needs”. Hence, they spend their limited wealth of the stuff that does. This begs the question that if the Gooferment had stayed out of the problem and there was a true need, maybe other solutions would have been created. But we only have what we have now BECAUSE the Gooferment preempted that development in its conceit that it KNOWS what the right answer it.

The electric car is an Edsel that no one wants. It’s expense, even with the Gooferment subsidy. It’s limited in range and useful lifespan. It’s new and therefore assumed to be “buggy”. And, had the characteristics of a “lifeboat” (i.e., limited range). And, it’s usefulness presumes and “refiling” infrastructure that isn’t there (i.e., “gas” recharging stations). Over and above that, even if they could be recharged at home, where does that juice come from? Coal fired plants! Also, in an accident or at the end of its useful life, what happens to that battery.

No, electric cars are an idea who’s time has not come yet. If it ever does. I’m sure a lot of fat old white guy injineers are working on the problem hoping to hit it rich. But till then you’re left with the mean old nasty oil companies who make life good and imho get excoriated for doing so. (They really don’t earn that much money when you look at the investment.) And, those oil companies are really fictions for a lot of employees and pensioners.

Sorry, TANSTAFL. You want today’s benefits; it comes to you on oil.

# – # – #

GM is Gooferment Motors. Don’t get me started on this idiocy. How many dollars have been wasted on picking this pig? Start with the robbing of the bond holders. Argh!

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MONEY: Gas for a dime a gallon

Sunday, September 11, 2011

http://lewrockwell.com/orig9/watkins-b2.1.1.html

Could the Presidential Election Turn On a Dime?
(Not if the WaPo Banksters Have Their Way)
by Bill Watkins

*** begin quote ***

Really? Now? Where? Congressman Paul explained that a SILVER dime is currently worth over $3.00, which is nearly enough to buy a gallon of petrol in the U.S. You remember those Mercury head dimes, don’t you? What ever happened to those? And, come to think of it, why doesn’t a dime minted in 2011 buy a gallon of gas?

Admittedly, it’s a simple question. And that why it’s so dangerous. This line of thinking simply can’t be allowed to gain traction. It’s crazy talk by Ron Paul who stubbornly clings to a bygone era of monetary policy (including relevant clauses of the Constitution) and who simply doesn’t comprehend the modern wonders of “quantitative easing.” Move along citizens, there’s nothing here to see. Got it?

*** end quote ***

The recent Republican debate had a moment of unprecedented clarity.

“dime a gallon”!!!!

The moderators were falling all over themselves to get off that point.

Why?

Because it would unleash a cornucopia of issues that would put the proverbial metaphorical pin in the propaganda balloon.

Here’s just a few of my observations. (probably obvious to real economists and history students.)

* The “dollar” is a perverse illusion of what it used to be. Systematic inflation robs the workers of the fruit of their labor as surely as if they were robbed at gunpoint. It’s immoral. By not having a connection to anything constant, the theft is by “printing press”.

* The fraud of the “dollar” is “We, The Sheeple” have been trained to think of it as a constant. The North Star of value. That’s like playing football on a field where the yard shrinks between 2 and 20% every year. Great for breaking records. Not too honest. And, certainly not a way to keep score.

* The FED is a cabal of bankers that use the fiat currency to ensure that they keep the power.

* The politicians and bureaucrats like this system real fine. It allows them to spend money. They don’t have to take wealth from the producers in the form of taxes. They get it by the “printing press”!

* A fair news report would report prices in ounces of gold. Or, any fair basket of commodities. Then people would see the “hidden story”. Hard to imagine reporting the price of gasoline, the Dow, and the dollar in terms of ounces of gold.

All from the “dime a gallon” comment.

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POLITICAL: 9-11 WTC still in ruins

Sunday, September 11, 2011

http://jasperjottings-daily.com/about/911s-jasper-fatalities/

Sadly, “We, The Sheeple” have been found lacking.

The WTC should have been rebuilt in a year. I’d prefer the middle finger design.

But, we’ve lost the energy.

I think of my fellow alums and wonder what could have been.

I think if the terrorists had chosen the day before then I’d have been a casualty.

I think we have to, as a country, get our <synonym for excrement> together.

Argh!

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SERVICE: GOOGLEDOCS cloud fails

Saturday, September 10, 2011

http://www.readwriteweb.com/archives/doing_it_right_google_docs_apologizes_for_yesterda.php

Doing It Right: Google Docs Apologizes for Yesterday’s Outage
By Jon Mitchell / September 9, 2011 10:50 AM

*** begin quote ***

Downtime is the bugaboo, the monster under our bed at the dawn of the cloud era. No service is 100% reliable, but cloud services are becoming more and more vital to keep our businesses running and our sites up. A cloud service provider’s handling of an outage is absolutely crucial to keeping its customers happy and earning their forgiveness. But since outages usually require detailed technical explanations, they are often left to engineers whose tone might not be as gentle or apologetic as can be. When Amazon’s EBS hosting services went down in April, bringing some of the Web’s most important sites with them, the explanation was long-winded and dense, and the fallout was not handled well. Warren’s post today couldn’t be more different.

*** end quote ***

That’s more than a “bugaboo”.

If you’re getting the service for free, you get what you pay for.

No gripes allowed.

But if you’re betting your life or livelihood on the “cloud”, then you better have some contingency plans.

A current back up, with Open Office or another such capability.

Might make the diff between paycheck and unemployment?

# # # # #


RANT: Alternative measures of labor underutilization

Saturday, September 10, 2011

http://www.bls.gov/news.release/empsit.t15.htm

Real Unemployment
by Karen De Coster

*** begin quote ***

Of course the US Government tracks real unemployment. It’s called an “alternative measure of labor underutilization.” 16.1% for August 2011.

*** end quote ***

I’m not give to profanity, but WTF!

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GUNS: Five Gunwalker Questions

Saturday, September 10, 2011

http://biggovernment.com/bowens/2011/09/01/five-gunwalker-questions-the-media-wont-ask-and-the-obama-administration-wont-answer/

Five Gunwalker Questions the Media Won’t Ask, and the Obama Administration Won’t Answer
by Bob Owens

*** begin quote ***

The scandal is not complicated, and would be revealed by the answering of five simple questions that the media dare not demand answers to from this Administration.

1. Who came up with the idea of allowing guns to be purchased by straw purchasers and then “walked” across the border by smugglers?

2. Who authorized Operation Fast and Furious in the Department of Justice?

3. Who authorized Operation Fast and Furious in the Department of Homeland Security?

4. Is Operation Fast and Furious the only operation of its type, or were there similar operations in Texas, Florida, and other states as evidence suggests?

5. What, precisely, did Barack Obama, Eric Holder, and Janet Napolitano know about Operation Fast and Furious, and when did they know it?

*** end quote ***

All gun owners, who put up with the abrogation of their Second Amendment by the BATF, are entitled to the truth.

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POLITICAL: The “jobs” address

Friday, September 9, 2011

http://www.whitehouse.gov/the-press-office/2011/09/08/address-president-joint-session-congress

*** begin quote ***

The purpose of the American Jobs Act is simple: to put more people back to work and more money in the pockets of those who are working. It will create more jobs for construction workers, more jobs for teachers, more jobs for veterans, and more jobs for long-term unemployed. (Applause.) It will provide — it will provide a tax break for companies who hire new workers, and it will cut payroll taxes in half for every working American and every small business. (Applause.) It will provide a jolt to an economy that has stalled, and give companies confidence that if they invest and if they hire, there will be customers for their products and services. You should pass this jobs plan right away. (Applause.)

*** and ***

The agreement we passed in July will cut government spending by about $1 trillion over the next 10 years. It also charges this Congress to come up with an additional $1.5 trillion in savings by Christmas. Tonight, I am asking you to increase that amount so that it covers the full cost of the American Jobs Act. And a week from Monday, I’ll be releasing a more ambitious deficit plan — a plan that will not only cover the cost of this jobs bill, but stabilize our debt in the long run.

*** and ***

But know this: The next election is 14 months away. And the people who sent us here — the people who hired us to work for them — they don’t have the luxury of waiting 14 months. (Applause.) Some of them are living week to week, paycheck to paycheck, even day to day. They need help, and they need it now.

I don’t pretend that this plan will solve all our problems. It should not be, nor will it be, the last plan of action we propose. What’s guided us from the start of this crisis hasn’t been the search for a silver bullet. It’s been a commitment to stay at it — to be persistent — to keep trying every new idea that works, and listen to every good proposal, no matter which party comes up with it.

*** end quote ***

Did you think that in the time that the nation waited this should have been a complete proposal?

The 1T$ over 10 years is a phantom cut.

I’d prefer a presentation that said:

“Let’s take 1% from these departments that equates to X dollars; from that let’s spend A dollars on this, B dollars on this, and C dollar on this.”

Imagine what a difference of attitude?

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RANT: Immelt; is BHO44 kidding?

Friday, September 9, 2011

http://www.washingtontimes.com/blog/inside-politics/2011/sep/8/obama-invites-ges-immelt-jobs-speech/

Obama invites GE’s Immelt to jobs speech
by Dave Boyer
Published on September 8, 2011

*** begin quote ***

The White House’s invited guests who will hear President Obama speak to Congress tonight about creating jobs for the common man include a CEO under fire for moving jobs to China and a mayor who recently built a six-foot wall around his mansion.

Jeffrey Immelt, chairman of GE and head of the president’s jobs council, tops the list of invited guests who will listen to Mr. Obama’s speech from the first lady’s box in the House chamber.

Mr. Immelt has been criticized for GE’s plan to move the headquarters of its x-ray business to Beijing; Rep. Dennis J. Kucinich, Ohio Democrat, has even called on him to resign from his presidential post promoting U.S. jobs.

*** end quote ***

This guy, Immelt, is a perfect example of what’s wrong with this picture.

Crony capitalism, globalism gone awry, and tax breaks for “friends”.

The original intent was that the Government was funded from tariffs. Those tariffs would have prevented GE from taking those jobs to China.

Maybe the car industry could have saved itself from the unfair competition of social costs on them but not on imports.

We need a little economic nationalism here.

People and products need to cross borders easily. But that doesn’t mean stupidly!

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INTERESTING: a fortiori

Friday, September 9, 2011

http://legal-dictionary.thefreedictionary.com/a+fortiori

a fortiori (pronounced ah-for-she-ory) prep. Latin for “with even stronger reason,” which applies to a situation in which if one thing is true then it can be inferred that a second thing is even more certainly true. Thus, if Abel is too young to serve as administrator, then his younger brother Cain certainly is too young.

# – # – #

I never heard this one!

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RANT: Listend to Crummy about SS and Ponzi

Friday, September 9, 2011

http://en.wikipedia.org/wiki/Joe_Crummey

Today, I listened to Crummy argue that SS was NOT a Ponzi scheme.

Au contraire … …

In a very technical sense, it’s not. In a Ponzi, the victims have a the choice NOT to participate; in “social security insurance”, there’s no choice.

A caller challenged and he objected to the word “fraudulent”. He’s wrong! SSI was sold to the American people that it would always be tax free. It’s not! It was sold as “insurance”. It’s not! It was sold as retirement savings and disability insurance. It’s not.

It IS a fraud because the “lockbox” is full do IOUs. And, the “terms” change at the whims of Congress.

In last night’s debate, Herman Cain correctly cited Chile in the 1970’s escaping the trap of “social security becomes welfare”.

We need to learn from Chile. We need to call things as they are.

Screwed Up!

# # # # #


JOBSEARCH: Fired by phone

Thursday, September 8, 2011

http://www.reuters.com/article/2011/09/07/us-yahoo-ceo-idUSTRE7857R320110907

Yahoo CEO Bartz fired over the phone, rocky run ends
By Alexei Oreskovic and Edwin Chan
SAN FRANCISCO | Wed Sep 7, 2011 10:44am EDT

*** begin quote ***

(Reuters) – Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba.

Chief Financial Officer Tim Morse will step in as interim CEO, and the company will search for a permanent leader to spearhead a battle in online advertising and content with rivals Google Inc and Facebook.

*** end quote ***

By phone!

That’s low class.

But this should be a lesson to EVERY employee, it could be you.

You have be the CEO of your own biz and have multiple income streams.

It brings back on of my favorite lessons:

“You’re only assured of the last paycheck that you cashed.”

Forget that at your peril.

# – # – # – # – # 2011-Sep-07 @ 11:08


TECHNOLOGY: Make Wind Power Cheaper

Thursday, September 8, 2011

http://www.geekosystem.com/japanese-wind-power/

A CLEANER GREENER CITY
Japanese Innovation Could Make Wind Power Cheaper Than Nuclear
Fukushima Kyushu University wind lens wind power
by Eric Limer | 11:18 am, August 31st, 2011

*** begin quote ***

Wind lens construction and installation, compared to constructing additional pylons windmills, is trivial, and while the extra toll on turbines could require more maintenance, it is again trivial compared to building more windmills. In short, wind lenses could make wind energy a possible alternative to traditional power sources instead of just a supplement like it is today.

*** end quote ***

Interesting for two reasons:

Directly, if wind power can be made equivalent to nukes, then why wouldn’t we do it. It’d be cheaper.

Indirectly, why is this significant work being done in Japan? Where are the scientists and engineers in the USA?

Argh!

# # # # #


POLITICAL: Ron Paul

Wednesday, September 7, 2011

http://www.youtube.com/watch?v=kUHlIPJTMIg&feature=player_embedded

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NEWJERSEY: Mark roads, that flood, red for danger

Wednesday, September 7, 2011

Upon reflection, and thinking about those Japanese tsunami stones marking the high water mark of the last killer tsunami, perhaps NJDOT should be marking roads where there is a flash flood threat. Cars swept away; fatalities, remember. A good bureaucrat or maybe even a fat old white guy injineer would design a road marking that would alert a driver to “get out of dodge” should the rains start. Or even more wisely not blindly drive into a potential flood zone. I’ve seen such signs in Vegas. Why not here in NJ.

Let’s color the road surface red the next time it’s repaved?

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POLITICAL: Abandoned on the beach without the supplies and support

Wednesday, September 7, 2011

http://bigpeace.com/hfontova/2011/08/30/michele-bachmann-rocks-florida/

Michele Bachmann Rocks Florida
Posted by Humberto Fontova Aug 30th 2011 at 6:37 pm
in Africa, Congress, Cuba, Featured Story, History, Humanitarian, Obama, Politics, Strategy, human rights, veterans

*** begin quote ***

Fifty years ago when the smoke cleared and their ammo had been expended to the very last bullet, when a hundred of them lay dead and hundreds more wounded, after three days of relentless battle, barely 1,400 of them — without air support (from the U.S. Carriers just offshore) and without a single supporting shot by naval artillery (from U.S. cruisers and destroyers poised just offshore) — had squared off against 31,000 Castro troops, his entire air force and squadrons of Soviet tanks. The Cuban freedom-fighters inflicted casualties of 20 to 1 against their Soviet-armed and led enemies. Their feat of arms still amazes professional military men.

“They fought magnificently and were not defeated,” stressed Marine Col. Jack Hawkins a multi-decorated WWII and Korea vet who helped train them. “They were abandoned on the beach without the supplies and support promised by their sponsor, the Government of the United States.”

*** end quote ***

The story here isn’t Michelle Bachman. The story is the Bay of Pigs perfidy.

(And as a big Gooferment republican, I’m sure she’d do the same thing. Slip the knife in anyone’s back when expeditious.)

Why would any “ally” of the USA trust us?

I wouldn’t.

I saw that lesson, as pointed out by a WW2 marine turned Christian Brother in grammar school, in the ‘57 Hungarian Revolution. We listened to the VOA broadcasts in history class. It was obvious. Would you start a nuclear war to stand by revolutionaries?

“We, The Sheeple” didn’t.

And we do it over and over again.

And the lesson is not lost by those who oppose us in the field. We can be outlasted.

Sadly, too true. Ron Paul is right. Let’s MYOB!

# # # # #


TECHNOLOGY: An idea who’s time has past?

Tuesday, September 6, 2011

http://www.nytimes.com/2011/09/05/business/in-internet-age-postal-service-struggles-to-stay-solvent-and-relevant.html

Postal Service Is Nearing Default as Losses Mount
By STEVEN GREENHOUSE
Published: September 4, 2011

*** begin quote ***

The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances.

*** end quote ***

An idea who’s time has past?

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TECHNOLOGY: “Internet Archive”

Tuesday, September 6, 2011

http://www.fox40.com/news/headlines/ktxl-internet-archive-tries-to-get-digital-copy-of-every-web-page-printed-book-20110825,0,6876833.story

“Internet Archive” Tries to Get Digital Copy of Every Web Page & Printed Book

*** begin quote ***

Robert Miller is director of books for the archive, he’s helping bring Khale’s vision to life. Miller says that since he was a boy, Brewster yearned to recreate the ancient library of Alexandria, said to house 20-30% of the world’s knowledge under one roof.

*** end quote ***

An amazing accomplishment.

How do they handle “copyright”?

http://openlibrary.org/

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RANT: More about the minimum wage

Monday, September 5, 2011

http://lewrockwell.com/orig12/berwick9.1.1.html

Nightmare On Pennsylvania Avenue
by Jeff Berwick
The Dollar Vigilante

*** begin quote ***

Thank goodness I was strapped in tight! Are you kidding, Krueger? I can refute your entire book in one sentence and there is no rational thing you can say in response. Ready?

If that is true then raise the minimum wage to $1,000/hour and tell me how that will not result in unemployment rising to 99.5% or higher. At that rate, only people currently making more than $1,000/hour would be employable.

I mean, really. This is Obama’s new senior advisor?? This will probably shock him then, but removing the minimum wage completely would result in full employment. Heck, I’d even hire Alan Krueger to wash my car all day long for $0.15/hour. That may be something he is actually good at, too.

*** end quote ***

Isn’t that the million dollar question?

What’s the “correct” minimum wage?

Depends if you treasure liberty?

Answer is zero.

It’s not the Gooferment’s biz what two willing individuals agree to.

# – # – # – # – #


POLITICAL: If it’s “labor day”, let’s …

Monday, September 5, 2011

http://lewrockwell.com/williams-w/w-williams95.1.html

Race and Economics
by Walter E. Williams

*** begin quote ***

The National Industrial Recovery Act of 1933 and the Fair Labor Standards Act of 1938 broadened the number of workers covered by minimum wages, with negative consequences for black employment across a much wider range of industries. Good intentions motivate most Americans in their support for minimum wage laws, but for compassionate public policy, one should examine the laws’ effect. That’s seen by putting oneself in the place of an employer and asking, “If I must pay $7.25 an hour to no matter whom I hire, does it pay me to hire a worker who’s so unfortunate as to have skills that enable him to produce, say, only $4 worth of value an hour?” Most employers would view hiring such a worker as a losing economic proposition; therefore, a minimum wage law discriminates against low-skilled workers by reducing employment opportunity.

*** end quote ***

I’ve ranted before about the minimum wage law before. Obviously, I don’t like it.

If I was King or President, I’d nuke it.

It’s simple. It’s immediately productive. And, it requires no increase in Gooferment.

As a matter of fact, we can reduce the number of bureaucrats to take all these new “minimum” wage jobs.

And for those wanting to protect poor families, don’t we have the earned income tax credit?

That’s the way to celebrate “LABOR” day.

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RANT: Social Security and other “entitlements”

Sunday, September 4, 2011

http://biggovernment.com/armwilliams/2011/09/01/reawakening-virtues-social-security-and-the-virtue-of-saving/

Reawakening Virtues: Social Security and The Virtue of Saving by Armstrong Williams

*** begin quote ***

Let’s be clear. Social security is not an entitlement program. That is, unlike welfare and food stamps, the people who receive social security have contributed to the program over the course of their working career through payroll taxes specifically designated for the purpose of saving for retirement. They are therefore owed at least the amount of money they contributed.

However, problems started to arise when the Federal government, under both parties, began borrowing from the so-called Social Security trust funds to spend on other items in the budget. The trust funds are not like your traditional private trust funds that are fully funded. In fact these trust funds are empty. The government has borrowed every single dime that comes into the trust funds to spend on current expenditures. We have a problem now because our total national debt is approaching (and may have exceeded) our yearly gross domestic product. Most countries that have this level of debt do not enjoy the high credit rating and low borrowing costs that America currently does.

*** end quote ***

http://www.billoreilly.com/video

Now Playing: Social Security “entitlement?”

*** begin quote ***

Why do many in the media keep referring to Social Security as an “entitlement” program? That’s what a BillOReilly.com Premium Member asks Bill in this excerpt from our newest Backstage Conversation webcast.

*** end quote ***

There’s no money for anything.

An insurance executive, that did what the Gooferment has done (i.e., spent the insurance premiums and failed to pay claims), would be in jail. But politicians and bureaucrats get away with it.

So, if there’s nothing in the Social Security Insurance “lockbox” but IOUs “backed by the full faith and credit of the United States Government”. That ain’t going to make for a safe and secure retirement unless you’re planning to work in the “mines” until you die!

Sorry to tell everyone. It’s welfare.

Watch for inflation while there is no COLA or phony rates published by “honest” Gooferment bureaucrats, higher taxes on “social security insurance” income (Yeah that was never supposed to happen!), and then just schedule “adjustments” (i.e., higher minimum ages; lower benefit amounts).

It’s worse than a Ponzi scheme because you don’t get NOT to participate. “Made-off” couldn’t MAKE you give him your money!

Argh!

# # # # #


TECHNOLOGY: Plane boarding made better

Sunday, September 4, 2011

http://www.bbc.co.uk/news/science-environment-14717695

31 August 2011 Last updated at 04:44 ET
Tests show fastest way to board passenger planes
By Jason Palmer
Science and technology reporter, BBC News

*** begin quote ***

The most common way of boarding passenger planes is among the least efficient, tests have shown.

The best method has been the subject of study for years but now various approaches have been put to the test.

Boarding those in window seats first followed by middle and aisle seats results in a 40% gain in efficiency.

However, an approach called the Steffen method, alternating rows in the window-middle-aisle strategy, nearly doubles boarding speed.

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Not likely that the airlines will change.

And, “We, The Sheeple” will not comply.

I still like my idea of treating people like cargo. Load the plane like the cargo pod. In “long coffins”! Slide the pod on and off the plan.

In the old days, luggage was handled by hand. Now cargo goes in pods.

Why not people?

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RANT: Why are we still in the UN?

Saturday, September 3, 2011

http://bigpeace.com/stzu/2011/09/02/chair-of-house-foreign-affairs-committee-to-un-recognize-palestine-and-we-will-defund-you/

Chair Of House Foreign Affairs Committee To UN: Recognize Palestine And We Will Defund You
Posted by Sun Tzu Sep 2nd 2011 at 2:03 pm in Congress, Israel, Middle East, United Nations

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Congresswoman Ileana Ros-Lehtinen (R-FL) is the chairman of the House Foreign Affairs Committee and she has drawn a line in the sand for the United States. She has introduced a bill which would dramatically cut U.S. contributions to the United Nations if that body votes for Palestinian statehood next month. ”Chairman Ros-Lehtinen felt it was important to introduce the bill, which includes a title withholding U.S. funding to UN entities which upgrade the status of the Palestinian mission, in advance of the Palestinian Authority’s statehood push at the UN,” her spokesman told Foreign Policy. Democrats in the House, reports Foreign Policy, are opposed to the bill.

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Sorry, but the UN is an impotent disaster.

Proof?

Look who’s on their “Human Rights” Commission.

We need to sent this to “vault of bad ideas”.

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