Social Security

Yikes, I was hoping to leave the social security solvency problem to my kids. Now that it’s predicted to arrive six years early it appears I might live long enough to experience the problem.

Interestingly enough now that Obama is President the Daily Camera editorial staff now admits Social Security is a problem.

“It,” in this case, is not just a short-term economic recovery, but long-term necessities such as dealing with Social Security and Medicare, fixing a terribly broken health-care system, over-dependence on foreign oil, repairing the environment and doing what we can to manage climate change.


That was not their point of view when Bush was President.

Posted in big government, Boulder is stoopid, social security | Leave a comment

It takes an expert

When it comes to global warming, well especially global warming, the opinion of the Daily Camera editorial staff and more than a few commenters is if you’re not an expert you’re in no position to criticize and can’t possibly have any meaningful contribution to the discussion.

Take a look at John Kanzius, a self educated man, that has made a significant contribution to the fight against cancer.

Another example is noble prize winning physicist Richard Feynman who put the O-ring in the ice water to show how brittle it became at freezing temperatures. I find this paragraph from his “Minority Report to the Space Shuttle Challenger Inquiry“.

It appears that there are enormous differences of opinion as to the probability of a failure with loss of vehicle and of human life. The estimates range from roughly 1 in 100 to 1 in 100,000. The higher figures come from working engineers, and the very low figures from management. What are the causes and consequences of this lack of agreement? Since 1 part in 100,000 would imply that one could put a Shuttle up each for for 300 years expecting to lose only one, we could more properly ask “What is the cause of management’s fantastic faith in the machinery?”


Our present global warming enthusiasts, led by NASA’s James Hansen and Al Gore have the same certainty as Space Shuttle management does. To blindly accept their dismissive-ness of critics is not the way to find the true answers. Why are these guys afraid to debate, why do they want to jump pass the vetting of their ideas? Why can’t they predict the future of global warming?

Perhaps some people aren’t interested in the truth, just imposing their idealistic way of life on the rest of us?

Posted in Boulder libs, global warming, the weekend | Leave a comment

FDA incompetence

As I mentioned previously, Daily Camera editorial page editor Erika Stutzman has taken the FDA to task about the United States food supply, most recently Pistachio nuts with salmonella poisening. What she doesn’t do is offer any remedies, simply notes that the present system is broken and that a proposed California law can be easily evaded.

I don’t have a solution either, except that it seems to me the FDA’s regulatory authority is too broad. Recently Popular Science published an article on Phages.

Brillon didn’t need much convincing. The Food and Drug Administration was another story. Since 1963, the agency has mandated a strict approval process for all medications sold in America. Phage therapy has yet to be subjected to it, so Wolcott had to petition his state regulatory board to allow him to administer it only to people who had exhausted all other options. Then, because you can’t find phages in U.S. pharmacies, he had to trek all the way to the former Soviet republic of Georgia to get it. There it’s sold over the counter like eyedrops. He bought, for $2 each, three clear glass bottles, each filled with a liquid containing hundreds of types of phages.


And then there’s this promising cancer therapy, developed by the late John Kanzius who has no medical background by the way, that has been slowed down by the FDA.

Though previous estimates have placed the start of trials to begin in one to two years, Curley felt hesitant to make an estimate Friday, after expressing frustrations with the often tedious U.S. Food and Drug Administration approval process.


It doesn’t seem to me the FDA can easily be “modified” or “bent” to achieve the goals that todays medicine demand. So here’s my suggestion; It should be disassembled and smaller more focused entities should replace it. Also, although I am totally unfamiliar with how it’s done now, their business model should be totally changed. There is no question it is broken.

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401K: Stable value fund

Stable Value? Chrysler Fund Shows Woes Still Lurking

It boggles my mind that there are companies that do not offer money market funds but do offer stable value funds as a “cash” investment option. In my previous engineering job (before a merger) the only cash option was a stable value fund. I complained to the company HR/401K department as well as to Fidelity Investments.

I was told to go away and ignored. With the merger the Stable Value Fund was going to be wrapped up. I hope that happened. I think any company in this situation is open to lawsuits.

Posted in retirement | 1 Comment

Warning: Don’t run the table

When we get together with the in-laws all six of us play liverpool rummy. I ran the table this evening and didn’t get a single point. My name is now “mud”, and will be broadcast to the rest of the family tonight or tomorrow morning.

Posted in the weekend | Leave a comment

Jay Cutler, a take from a SW Florida columnist

David Moulton: Bucs make mistake by not getting Cutler

The QB’s that have won the last six Super Bowls?

The last six Super Bowls have been won by Tom Brady, the Manning brothers and Roethlisberger. Not a lot of “projects” in that group.


What does Denver have?

Posted in the weekend | Leave a comment

Ya think?

One thing’s for sure — this would have been a bigger story if it had been Bush.

Posted in Obama, Obamanomics, stoopid government | Leave a comment

Say it ain’t so Joe

Biden credits stimulus for fire station funded under Bush

Posted in stoopid politicians | Leave a comment

Global warming guilt

Small islands urge deep CO2 cuts, fear rising seas.

No mention in this article of any measurable rise in sea level to date.

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Phages and the FDA

I read this Popular Science article on Phages during the airplane ride to Florida. Is the FDA helping or hurting? Instapundit chimes in as well.

Posted in healthcare | Leave a comment

Who doesn’t want safe food?

Erika takes on the FDA once again regarding safety in our food supply. This time it’s regarding the pistachio salmonella poisening outbreak.

Which leads me to ask why the FDA is trying to expand their jurisdiction to regulating the tobacco industry when they can’t do a good job enforcing regulations they already have?

This editorial calls it “camel’s nose” regulation on a path to regulating/banning cigarettes but other types of food as well.

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Caution

From the March 31st Naples Daily News letters to the editor section (scroll down to “The message?”).

Editor, Daily News:

Look at the picture on the front page of Thursday’s Local & State section, headlined “Jane of the jungle.”

Looks like fun — a little girl swinging from a palm frond. Wow!

But, how dangerous is this? I believe this palm frond weighs about 50 or more pounds.

What if it broke off? How dangerous is this to kids?

I believe your picture is leading kids into danger while suggesting this is fun. Please alert parents and children to the safety issues with this kind of fun.

Mick Dola

Naples


There was a picture in the actual paper that isn’t on the web site.

Personally, I don’t want be anywhere near Mick Dola. Last Saturday my 18 years old daughter slipped on the ice at the Pikes Peak parking lot at Denver Intl Airport and almost broker her ankle. Was it preventable, I suspect so, but at what cost? What level of caution would I have had to build into her everyday life to have prevented this accident? There’s no way of knowing, but I suspect it would have taken a lot of caution and missed opportunities in her life.

While I (and especially her) would have been ecstatic if this accident didn’t happen, she gets her ankle out of the 5 day cast tomorrow. I feel sure she would vote to take the freedom over the rules and regulations that would have prevented this accident.

From an entrepreneurial point of view, go out and live life, just like the girl in the picture, don’t wait.

You cannot afford to take a “wait and see” approach. I mean, wait and see WHAT exactly? How the Dow performs? Where the CPI numbers come in? What the President’s approval rating is? If you think that you (sitting in your little ole startup office) will actually *know* when the economy turns, you’re being foolish. You’re not gonna know until AFTER it has already turned. In the meantime, you’d better get your butt out there and land some business. If you “wait and see,” you’ll most likely just be waiting around to see exactly what date your termination notice is gonna come on.


Mick will be “waiting and seeing” until no one gets hurt in the perfect world he lives in. I hope that day never comes.

Posted in the weekend | Leave a comment

Lauren Siegel meet Poul Nyrum Rasmussen

Lauren, I suspect you and your many like minded friends would enjoy a nice glass of wine with Poul Nyrum Rasmussen. To bring yourself up to speed, read Poul’s editorial, “The Socialist Solution to the Crisis”, in todays Wall Street Journal.

Posted in Boulder is stoopid, global warming, socialism | Leave a comment

Cigarette/tobacco tax

The Daily Camera has a short write-up on the recently implemented tobacco tax. My comments are…

I sure hope the recipients of all these tax dollars don’t count their chickens before they hatch.

And for the rest of us, as the revenues from the “goose that laid the golden egg” decline, who exactly do you believe will be called upon to make up the difference? Not to mention this is a plan that will only grow in size.

Posted in healthcare, taxes | 1 Comment

Another typical global warming diatribe

Lauren Siegel of Boulder brings us another typical “global warming, the world is coming to an end” diatribe mixed in with support Obama.

Her first claim…

America is facing bigger challenges than we’ve seen in generations — a collapsing global economy, soaring unemployment rates, and a rapidly warming climate.


The first two are a lot more obvious than the last. Even then, you would think we’re already at Great Depression levels of unemployment, where the truth is we’re nowhere close. The global warming claim is nowhere near as obvious, not even close.

She then claims that… “Doing nothing is not an option”. I tell you that’s far from clear to me, but for the “in government we trust” crowd it’s no surprise they feel that way.

Wait, wait, wait… we cannot forget Lauren’s note that…

Meanwhile, local temperatures have been reaching record highs of 75 degrees or higher in March.


Oh my goodness, has that ever happened before???? Whenever a critic of global warming sites temperature information, they are quickly reminded that day to day temperatures are not climate. So Lauren, here’s your reminder, day to day temperature, that would be “weather” is NOT the same as climate. Also, do you have any clue, any clue at all how big the world is? Your little piece of quantitative data in Boulder Colorado, standing by itself means absolutely nothing. Also, I believe it’s been snowing there lately? That WAS ice at DIA on Saturday that my daughter fell and almost broke her ankle on wasn’t it? Phone calls back to Boulder have informed me that even more snow is falling. Can I conclude from this data that weather is back to normal or that there isn’t any global warming? Lauren, you can see historical temperature data at this NOAA website for Boulder. Be sure and scroll down to the March data. A high of 75 degrees, which I’m taking your word on, would have been a record for 10 days during the month, all before March 16th. The record high for March was 83 degrees on March 21st in, you guessed it, 1910!

Lauren goes on to claim..

By investing in renewable energy and moving America off of polluting fossil fuels, we can create jobs and cut energy costs


If going green will cut energy costs, please explain how. My friend recently installed a solar panel and he wasn’t making any claims that the payoff period was anytime soon. He does appreciate the ability to sell power back to “the grid” but he’s under no illusion that it’s going to produce power at night or anything like that! I have to back off and say that green isn’t bad, witness my recent post on Mid-America energy and their increase in wind power over the last decade.

Moving along, Lauren goes on to state that…

Saving the economy and solving the climate crisis go hand-in-hand. Our addiction to fossil fuels will remain a large and increasing drag on our economy, and we cannot have a prosperous future while ignoring the climate crisis.


I don’t see any relationship at all. The “climate crisis”, if there is one goes in very slow motion. The economic crisis is moving orders of magnitude faster. They are virtually independent. Is there only “the one way” Lauren? Keep drinking the kool-aid.

How much money should we spend on green energy? How much money should we print or borrow from the Chinese to fund our green energy initiatives? If it’s so profitable is it a conspiracy that keeps the industry from taking off?

At what point are we not preparing for a prosperous future as you claim Lauren, but laying the seeds for our economic demise by borrowing trillions of dollars? Recently the United Kingdom had a failed bond auction. Do you have any idea what that means? Have you considered it might happen here? Is there a point where you will stop digging to support your ideas no matter what the economic cost might be?

I didn’t think so.

Posted in Boulder is stoopid, global warming | Leave a comment

Cavuto admits past mistakes

April fools.

Posted in bailout, the weekend | Leave a comment

Unbelievable

at least to me. The Naples Daily news comments on Obama’s entourage to the G-20 summit. Liberals, I’m interested in your justifications. Here’s the editorial in it’s entirety.

Editorial: President Obama … too much of an entrance?

The heads of government in London for the G20 summit are discussing serious and weighty issues, but the British press was entranced by the sheer size of President Barack Obama’s traveling entourage.

Obama arrived with a staff of 500 staff in tow, including 200 Secret Service agents, a team of six doctors, the White House chef and kitchen staff with the president’s own food and water.

And, according to the Evening Standard, he also came with “35 vehicles in all, four speech writers and 12 teleprompters.”

The press duly reported on Air Force One and all its bells and whistles but also on the presence of the presidential helicopter, Marine One, and a fleet of identical decoys.

Among all those vehicles is the presidential limousine, which one local paper mistakenly called Cadillac One, but is universally referred to as the Beast. The limo, reinforced with ceramic and titanium armor, carries tear gas cannon, night vision devices, its own oxygen and is resistant to chemical and radiation attack. It is, marveled one reporter, a sort of mobile panic room.

The president is entitled to all the security, communications and support he feels necessary to do his job but surely, when we’re trying to project a more restrained, humble image to the world, the president’s huge retinue could be scaled back to something less regal.

Although he has been able to connect to the “common man”, it appears humbleness is something Obama knows little about. Will the connection start to fray?

Posted in idiocy, Obama | Leave a comment

From Zero to 20% windpower generation

Warren Buffett’s utility company, Mid-America energy, has dramatically increased its energy production from wind. The story, from Buffett’s 2009 letter to investors reads as follows…

MidAmerican has maintained this extraordinary price stability while making Iowa number one among all states in the percentage of its generation capacity that comes from wind. Since our purchase, MidAmerican’s wind-based facilities have grown from zero to almost 20% of total capacity.

Similarly, when we purchased PacifiCorp in 2006, we moved aggressively to expand wind generation. Wind capacity was then 33 megawatts. It’s now 794, with more coming. (Arriving at PacifiCorp, we found “wind” of a different sort: The company had 98 committees that met frequently. Now there are 28. Meanwhile, we generate and deliver considerably more electricity, doing so with 2% fewer employees.)

In 2008 alone, MidAmerican spent $1.8 billion on wind generation at our two operations, and today the company is number one in the nation among regulated utilities in ownership of wind capacity. By the way, compare that $1.8 billion to the $1.1 billion of pre-tax earnings of PacifiCorp (shown in the table as “Western” and Iowa. In our utility business, we spend all we earn, and then some, in order to fulfill the needs of our service areas. Indeed, MidAmerican has not paid a dividend since Berkshire bought into the company in early 2000. Its earnings have instead been reinvested to develop the utility systems our customers require and deserve. In exchange, we have been allowed to earn a fair return on the huge sums we have invested. It’s a great partnership for all concerned


Great job Warren and Mid-America energy.

Local disk drive company Seagate should take a lesson from Warren regarding how he reduced the number of committee from 98 to 28.

Posted in alt energy, capitalism | Leave a comment

Is it against the law?

That’s a vital question and Glenn Beck takes on Connecticut attorney general Richard Blumenthal regarding exactly that when it comes to his bullying of AIG executives/employees receiving bonuses.

Posted in bailout, stoopid government | Leave a comment

ACORN, Obama and The New York Times

Gotta love this. The Power Troika consisting of ACORN, the Obama campaign and the “All the news that’s fit to print” newspaper, the New York Times and the “spiking” of a campaign corruption news story.

I was going through the blog today and noticed a previous post where I noted Erika Stutzman eagerness is critisizing the poor job the McCain campaign did of vetting Sara Palin. An editorial that had talking points coming from the New York Times.

No surprise, the Daily Camera editorial staff has been strangely silent regarding the absolutely pathetic job that Obama administration has done vetting their various cabinent appointments.

No wonder the Camera doesn’t ever report on ACORN. The red light camera’s are all about the money and the Camera’s editorial page is all about getting Democrats elected no matter the cost.

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