Constant drew my attention to the fact that Fox news, originally created to provide an alternative to the Mainstream Media orthodox ideology, is joining it, which led me to reflect on the tendency of big corporations to go left authoritarian and support socialism, gun control, political censorship, government health, and so on and so forth …
Month: November 2008
Global Average temperatures to 2008-October
This is the running twelve month average world temperature, as measured by satellites, as reported by The National Space Science and Technology Center. World temperature change in centigrade degrees. It goes up, it goes down. If there is any trend, the trend is less than the decade to decade fluctuations, and is not at all …
Why iceland went bust – and why the US went bust
The usual answer, of course, is the evils of capitalism: this country’s banks – virtually unregulated – to borrow more than 10 times their country’s gross domestic product from the international wholesale money markets. Watch as a Graf Zeppelin of debt propels its self-styled “Viking Raiders†across the world’s financial stage, accumulating companies like gamblers …
China’s boom
China in the 20th century had two major revolutions, a civil war, a World War, The Great Leap Forward [sic], mass starvation, the Cultural Revolution, arguably the most tyrannical dictator ever and he didn’t even brush his teeth, and now they are going from rags to riches without even a business cycle burp. While the …
The lesson of the 2008 American Presidential election
You win elections from the base, not the center. Obama appealed to the Democrat base, the Democrat wing of the Democrat party, and the lunatic wing of the Democrat of the Democrat party, Just as Reagan appealed to the Republican party base. McCain tried to appeal to the wobbly Democrat wing of the Democrat pary …
How many CRA loans, how much affirmative action payout?
From 2000 to 2007, blacks and hispanics received six hundred and thirteen billion dollars more in home purchase mortgages than they would have received had they received the same proportion of the money that they received in 1999 – a figure that strikingly resembles the total cost of the bailout. In 1999, people warned that …