We are funding terror. Twelve days ago, the US gave one hundred and fifty million dollars to the Palestinian Authority, much of which will be used to buy arms to murder Jews, much of which will be used to reward terrorists for their holy deeds. Why pay off the Palestinians when there are many deserving …
Month: March 2008
Housing price bottom
When I say prices look like they have bottomed, I don’t mean that the prices sellers are asking may have bottomed. Asking prices are, for the most part, still way too high. But if we look at sales that are actually being made, both for houses, and for land with secure development approval, the prices …
Fitna the movie
Most servers have been intimidated into silence, but the gutsy “Pirate Bay†is still serving “Fitnaâ€, in bittorrent form, the only major commercial service still standing. But the interesting thing is who is doing the intimidating. At first, it was a western, politically correct, demand for pre-emptive surrender.. Fitna shows a verse from the Koran …
The long war
As I write this there is chaos in Basra. Tomorrow there will be chaos some place else. In Basra today Iranians are backing every pony in this race, for what they want is chaos, and chaos is easy to create. We are pursuing a strategy based on creating order. Creating order in the Middle East …
Global warmers lie again 2
The Salt Lake Tribune tells us Antarctic ice melt shows warming is speeding up The sound of a chunk of Antarctic ice hundreds of years old and seven times the size of Manhattan collapsing into the ocean should be enough to rouse the concern of even the most staunch global warming skeptics. A more accurate …
Losing in Iraq, part two
An hour or so ago I read that the surge was about to be diminished, because it is unsustainable, and posted “Losing in Iraq, part one†I guess Sadr read it also, for a few minutes ago I read that the Green Zone is being shelled and the oil is being cut off. I read …
Losing in Iraq, part one
When the US began its attack on the Taliban in Afghanistan, I said that destroying our enemies anywhere in the world would be easy, but building states would be hard, would most likely fail, for no one understands how a state is built, and the trend of the times is for states to fail. And …
Global warming explained
In a paper with the deliberately boring title “A Provisional Long Mean Air Temperature Series for Armagh Observatory†C.J. Butler and D.J. Johnston find a near perfect correlation between solar cycle length and temperature from 1796 to 1992 – which implies that recent warming is real, but wholly explained by events happening on the sun. …
Future Housing prices
Real mortgage interest rates are high and rising in the US, because the the future value of the US dollar is uncertain. Lenders fear the possibility of very high inflation, so demand high interest rates. This makes it difficult to buy a house. At the same time, borrowers fear deflation.  They fear they could put …
Alan Greenspan on crack
Four days ago, Alan Greenspan posted an article wondering what went wrong: “We will never have a perfect model of risk†“Risk management systems – and the models at their core – were supposed to guard against outsized losses. How did we go so wrong?†Hey Alan! Check your spam folder for 2006. You will …