 |
| . |
 |
| . |
 |
| . |
 |
| . |
 |
| . |
 |
| . |
 |
| . |
 |
| . |
 |
| . |
 |
| . |
 |
| . |
 |
| . |
Wednesday, September 11, 2019
Tuesday, September 10, 2019
Peak Trump administration delusion: "Labor market hotter now than during any time in our history"
The Trump administration pointed to the poverty decline as evidence that its economic agenda is helping the neediest Americans. “Employment is the best way out of poverty, and President Trump’s policies have made the labor market hotter now than during any time in our history,” said Tomas Philipson, acting chairman of the White House Council of Economic Advisers.
Podshare: The Soviet future of housing
Comrade Kaprugina to Yuri: "There was living space for thirteen families in this one house."
Yuri: "Yes. Yes, this is a better arrangement, comrades . . . more just."
Feminism is a mental disorder: Democrat Congressman's wife upset Obamacare covers her husband's pregnancy but not their marriage counseling
Which they're going to need a lot more of.
Unaffordable No Health Care Act: Health insurance premium increases pre-Obamacare 10%, post-Obamacare 60%
Yes, It Was The 'Affordable' Care Act That Increased Premiums:
It turns out that across the
board, for all ages and family sizes, for HMO, PPO, and POS plans,
premium increases averaged about 60 percent from 2013, the last year
before ACA reforms took effect, to 2017. In same length of time
preceding that, all groups experienced premium increases of less than 10
percent, and most age groups actually experienced premium decreases, on
average.
John Simon Bercow quits as UK Commons Speaker after 10 years in the job
Commons Speaker John Bercow expressed his displeasure at Parliament’s suspension, saying “this is not a standard or normal prorogation.”
“It’s one of the longest for decades and it represents an act of executive fiat,” he said. ...
Bercow, whose control of business in the House of Commons has made him a central player in the Brexit drama, announced he would step down after a decade in the job.
The colorful speaker, famous for his loud ties and even louder cries of “Order!” during raucous debates, told lawmakers he will quit the same day Britain is due to leave the EU, Oct. 31.
Throughout the three years since Britain voted to leave the EU, Bercow has angered the Conservative government by repeatedly allowing lawmakers to seize control of Parliament’s agenda to steer the course of Brexit.
He said he was simply fulfilling his role of being the “backbenchers’ backstop” and letting Parliament have its say.
“Throughout my time as speaker, I have sought to increase the relative authority of this legislature, for which I will make absolutely no apology,” he said.
Monday, September 9, 2019
Charlie Kirk is an ignoramus: The Gates of Janus were open continuously from 227BC-29BC
Almost 200 years of continuous war under the Roman Republic, and maybe 400 continuous years before that, to 235BC. Perhaps you've heard of it.
Sunday, September 8, 2019
"Trump Dynasty": This is even funnier than that last post of that guy dumping his fat girlfriend
The Trump family is so incompetent it can't even run the State Department.
Kamala Harris laughed at immigrant calling Trump mentally retarded, proving once again that Democrats' best friends are the world's wretched refuse
The immigrant isn't quite fully assimilated yet, but there's hope his descendants will graduate to Rahm Emanuel's retarded level within a generation or two.
Saturday, September 7, 2019
Just tried White Claw for the first time tonight: Tastes like it needs alcohol in it, except it's already in there
No "mouth feel" or complexity of flavor and smell like you get from a proper cocktail, glass of wine or beer. A trifle with a kick.
President Pocahontas would ban fracking everywhere, making it cost much more to heat the tepee
 |
| . |
 |
| . |
I think I'm gonna get me a beer.
How soon they forget, even Ann Coulter: Trump squandered his victory momentum in the first six months on repealing and replacing Obamacare, and got BUPKIS, then took the Republicans' corporate tax cuts for his own because he needed a victory
It took Trump until the end of June 2017 to realize clean repeal should have been his gambit instead of repeal and replace, and by the end of July it was all over. The Senate went on summer vacay and came back to give Trump their own tax bill, not his (but did he ever have one?). Republicans hung Russia-conspiracy-embattled Trump out to dry, and played his hubris like a fiddle.
Having lost the House, Trump unwisely turned again, this time to trade war, which if he were going to fight one he should have saved for his second term. There are always casualties in war, as we're seeing with farmers and small businesses tied to the China supply chain. It's stupid to kill your voters.
Ann Coulter has repeatedly said solving immigration solves every other problem, including jobs, which is what Trump should have made his first term focus. But as we've come to see, Trump can't focus.
Infrastructure spending is a side show compared with all the money saved by fixing immigration. It seems Ann Coulter's forgotten this, too.
Friday, September 6, 2019
Just 3,000 full-time jobs created in Aug 2019 as Trump bump runs out of steam
Full-time increased to 132.156 million in Aug 2019 from 132.153 million in July, an increase of just 3,000.
Average full-time in 2019 at 50.3% of population is still well below the average two-decade experience of Americans between 1987 and 2008 when full-time averaged 51.8% of population. We can't even yet match the average cyclical high of 51.1% prior to 2008.
In August 2019 51.8% working full-time instead of the actual 50.9% would mean 2.23 million MORE people working full-time right now than actually do.
The spread between the 2019 average of 50.3% and the 1987-2008 average of 51.8% is even higher: 3.9 million MORE who could be working full-time on average this year but are not, simply because whatever broke after 2008 still isn't fixed, not by Trump, not by Obama, not by Republicans, not by Democrats, not by Bernanke, Yellen, Powell or by anybody else.
It's busted, I tell ya, but they still let legal immigrants in by the millions, not to mention illegals.
It's insanity.
American Airlines mechanic named Abdul-Majeed Marouf Ahmed Alani sabotages jet to obtain overtime
Yeah, overtime, that's the ticket.
Flight 2834 was about to depart for Nassau, Bahamas on July 17 with 150 people on board, when an error message appeared after the engines were started up. The crew aborted takeoff and returned to the gate. The plane was taken out of service for maintenance, American Airlines said. Passengers deplaned and American provided a different aircraft for the flight. ...
The mechanic, Abdul-Majeed Marouf Ahmed Alani, is set to appear in court on Friday, according to the U.S. Attorney’s Office in Miami.
Thursday, September 5, 2019
Wednesday, September 4, 2019
New summer "Time of Use" rate coming for millions of Michigan customers of Consumers Energy in 2020 between 2pm and 7pm Monday through Friday: Penalty electricity rate rises 13.7% over summer 2019 penalty rate
The smart meter installation roll-out everywhere in recent years now affords the utility the ability to measure usage of each customer for the designated five hour period. In future customers are promised that ability also, in order to monitor their own usage hour by hour, through an online dashboard for their accounts.
Presently penalty electric rates are imposed in the summers for all use above 600 kWh without regard to time of day. Once you hit the threshold, you pay at a higher rate for the electricity. In my case that usually happens by day 20 of the month. This new way eliminates the 600 kWh threshold. Use energy during the five hour window on day one and you pay the penalty rate, period.
Some will be able to game this because they aren't home during the day anyway. For the rest of us, however, it will be a different story, shifting energy use to the mornings before 2pm and the evenings after 7pm, or to weekends, and perhaps turning off the A/C and shifting activities to the basement to beat the heat.
August 2019 climate update for Grand Rapids, Michigan
August 2019 climate update for Grand Rapids, Michigan
Max temp 89, mean 92
Min temp 49, mean 47
Av temp 70.7, mean 70.2
Precip 3.41, mean 3.07
HDD 8, mean 19
CDD 193, mean 189
Using cooling degree days, the month was about 2.1% warmer than normal, going back to the beginning of the record, failing to make even 48% of the August record, which is 404. Average temp was less than 1% warmer than normal. Max temp lagged the mean while min temp exceeded the mean. In other words, 'twere a wee bit warmer sleeping than normal.
IBD poll has Biden, Sanders, Warren and Harris all beating Trump in 2020
Elizabeth Warren Narrows Joe Biden Lead Among Democrats: IBD/TIPP Poll:
In a head-to-head 2020 election contest of Biden vs. Trump, the
IBD/TIPP Poll found a 54%-42% advantage for Biden. A month earlier, Biden led Trump by 13 points. Sanders had a narrow 49%-45% edge over Trump, while Warren and Harris had slimmer 49%-46% leads.
Independents preferred Biden vs. Trump, 55%-37%. Warren edges Trump
with independents, 47%-45%, while Sanders has a 51%-42% advantage.
Tuesday, September 3, 2019
Matt Taibbi spends 35 minutes talking about Trump's appeal in 2016 with Bernie leftist R. J. Eskow, never once mentioning illegal immigration
The enthusiasm for Trump from the time he announced in mid-2015 until August 2016 revolved around the illegal immigration issue, and these guys want it to be about anything but.
If Democrats had any brains they'd run on Trump's Issue Numero Uno because Trump has miserably failed to deliver on it, but Democrats have no brains.
Replacing that enthusiasm has been Trump's biggest problem, and its absence will spell the difference between victory and defeat in Election 2020.
Replacing that enthusiasm has been Trump's biggest problem, and its absence will spell the difference between victory and defeat in Election 2020.
Gold looks good compared to negative-yielding bonds because its 0% yield plus the cost of holding it can still be less
 |
| . |
 |
| . |
The gold break-out began in May with an average price of about $1284 the ounce. Yesterday's London PM Fix was nearly $1526, to put gold up almost 19% over the last three months.
Monday, September 2, 2019
Sunday, September 1, 2019
Saturday, August 31, 2019
Canadian court dismisses Michael Mann's libel claim with prejudice, Mann withholds his climate data to this day
A prominent skeptical climate scientist in Canada named Tim Ball accused Mann of fraud in generating the Hockey Stick graph. The famous quote, from a February 2011 interview of Ball, was “Michael Mann should be in the State Pen, not Penn State.” In March 2011, Mann sued Ball for libel, focusing on that quote, in the Supreme Court of British Columbia in Vancouver. Here is a copy of the Complaint. (Note: In British Columbia, the Supreme Court is not the highest appellate court, but rather the trial-level court for larger cases.) The case then essentially disappeared into limbo for eight plus years. But on Friday, August 23, the British Columbia court dismissed Mann’s claim with prejudice, and also awarded court costs to Ball. As far as I can determine, this was an oral ruling, and no written judgment nor transcript of the ruling yet exists. I have asked Ball to send them along as soon as they exist.
The story of Ball’s vindication, and of Mann’s shame, is a somewhat long one, and turns on Mann’s flat refusal to share publicly the data and methodology by which he constructed the Hockey Stick graph. In about 2003 a very talented Canadian mathematician named Steve McIntyre began an effort to replicate the Mann/Bradley/Hughes work. McIntyre started with a request to Mann to provide the underlying data and methodologies (computer programming) that generated the graph. To his surprise, McIntyre was met not with prompt compliance (which would be the sine qua non of actual science) but rather with hostility and evasion. McIntyre started a blog called Climate Audit and began writing lengthy posts about his extensive and unsuccessful efforts to reconstruct the Hockey Stick. Although McIntyre never completely succeeded in perfectly reconstructing the Hockey Stick, over time he gradually established that Mann et al. had adopted a complex methodology that selectively emphasized certain temperature proxies over others in order to reverse-engineer the "shaft" of the stick to get a pre-determined desired outcome.
Whenever very short rates start to pay as much or more than the longest rate, recession follows in short order
The 3-month Treasury now pays more than the 30-year in the last four days of August 2019.
 |
| . |
 |
| . |
 |
| . |
Subscribe to:
Posts (Atom)