Tuesday, 31 March 2009
Next they “gave†us Richard Blumenthal.
Now it’s Rosa DeLauro.
Strike three. What say, “Connecticut, you’re outta here�
(Maybe Quebec would take ’em?)
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Yet another kick-this-one-down-the-road problem that’s rapidly becoming unavoidable: Medical care for the elderly.
Money is no good if there’s no place to spend it.
Coming in ten years: Not enough money.
A federal Ponzi scheme with a population pyramid is sustainable, but a population barely at replacement birth rate is not.
Via: MOM
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From NewsBusters:
[Glenn] BECK: Is that [the AIG bonus payments] against the law?Unsurprisingly, Mr. Blumenthal is a Democrat.
[Connecticut Attorney General Richard] BLUMENTHAL: Well, it is against public policy. And it is unsanctioned by law.
BECK: Is that against the law?
BLUMENTHAL: It should be against the law.
BECK: Is it against the law?
BLUMENTHAL: It’s against the public policy and against the taxpayer...In my view it is unrequired by law.
BECK: It is a yes or no question. Counselor, it is a yes or no question. Is it against the law?
BLUMENTHAL: It is not against the law and I have never said that it is against the law, and I have never said that we would bring an action.
BECK: Then you know what you should do? You should enforce the law. You shouldn't use your bully pulpit to gain popularity.
Via: IP
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Sunday, 29 March 2009
...after all the whining[1] about nobody showing up...
Not bad.
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Posted by: Old Grouch in
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Saturday, 28 March 2009
Some Saturday afternoon amusement:
Paco channels Shelley:
I met a commuter from Maryland,
Who said: Two vast and headless ears of stone
Lie on the Mall. Near them on a stand,
Half sunk, a shattered teleprompter sits...
Andrea has figured out the new taboos of (one sort of) science fiction:
Anyway, here are what I think are the new taboos in the sort of writing that gets people nominated for awards and written up in kewl mags but not read very much (not that actually being read by mundanes really matters, and their feeble minds would be too shocked by our ground-breaking scene of group sex with humans, robots, many-tentacles-beings, and hermaphrodites cloned from humanoid sheep, which climaxed with an orgasm-cannibalism scene)...(But then there’s always this.)
introductory phrase goes here:
Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem. Nulla consequat massa quis enim. If you don’t get it, click the link. Via Megan via Attila Girl. Donec pede justo, fringilla vel, aliquet nec, vulputate eget, arcu. In enim justo, rhoncus ut, imperdiet a, venenatis vitae, justo. Nullam dictum felis eu pede mollis pretium. Integer tincidunt. Cras dapibus. Vivamus elementum semper nisi.Fired too many people, huh?
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Sighted on Blogger’s Known Issues page:
“Disable word verification...†Noooo, don’t think so...
Previously: 1.2
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Friday, 27 March 2009
more...
Posted by: Old Grouch in
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Home sales “up†in February! Oh really?
A parade of the mathematically innumerate business writers (and even worse headline writers!) continue to misread data. The latest evidence? New Home Sales....but that number falls within the Bureau’s margin of error of ±18.3%, which means there may have been no improvement at all.
After incorrectly reporting the Existing Home Sales, the mainstream media misread the Census department report of New Homes.
No, New Home Sales data did not improve. In fact, they were not only not positive, they were actually horrific. The year over year number was a terrible down 41%. Sales from this same period a year ago have nearly been halved.
Why did the media report this as positive? If you only read the headline number, you saw a positive datapoint: February was plus 4.7% over January... - Barry Ritholz[1]
Ritholz says it’s incompetence, not agenda, noting that
...many of these folks incorrectly misinformed you that Housing wasn’t getting worse in 2006, 2007 and 2008 — just as Home sales and prices went into an historic freefall.Still, it’s interesting that nobody seems to have gotten it right. What do they do, copy from each other?
And then there’s this chart, from the front page[2] of today’s Wall Street Journal...
Pretty dramatic, huh? Except the chart starts with January, not with the market’s 2007 high of 14165.[3][4] Also note the label “Start of bull market.†Anybody ready to put some money on that? Safer to say: “Start of the present rally.â€
To be fair, the accompanying article (and its headline)[2] are more pessimistic (in paragraph 2):
To many skeptical investors, it seems to be a Cinderella bull market, however: one that will turn out to be an illusion when the clock strikes midnight.and more accurate (in paragraph 5)
Still, the Dow remains down 44% from the high of 14164.52 it reached in 2007.But how many readers will just glance at the chart, and believe they’ve got the whole story?
Related: Changing the recession narrative? (Via: Instapundit)
Ritholz link from Howard.
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[2] “Bears Are Wary as Bull Returns • Dow is up 21% in 13 days in quickest rally since 1938, but doubts of strength persist†by E.S. Browning, The Wall Street Journal, March 27, 2009, page 1 [not found online]
[3] ...which would have put the top of the chart above the top of the page. (snark!)
[4] And what about that suppressed zero...? After all, stocks weren’t valueless on March 9th.
Posted by: Old Grouch in
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United Nations “Human Rights†Commission comes out against freedom of speech.
So tell me again why we continue to have anything to do with this bunch of losers?
“Because getting beat up makes anti-American progressives feel good?â€
I see...
Via: Don Surber
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Thursday, 26 March 2009
DoggerelPundit channels William S. Gilbert:
I am the very model of a modern Media-Journalist,the rest...
I‘ve information biased, bogus, banal and paternalist,
I know the talking heads and every bureau puke and oracle
from A-B-C to C-N-N in order categorical;
I’m very well acquainted, too, with schedules for sabbatical,
I live to write a sentence that’s both simple and grammatical,
I’m good at leading questions, and my team puts out a lot o’ news,
With many damning facts for which, at times, fact-checking’s not in use!...
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15:22:15 GMT
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