A public school in Chicago has banned food from home, saying it's about healthy food for kids.
After all, it's for the children, right?
My personal blog for news and musings, with occasional info for my MBA, MS Finance and undergrad students at University of Houston-Clear Lake (UHCL). Thanks for looking.
Monday, April 11, 2011
Friday, April 8, 2011
Judge Richard Goldstone slams the Goldstone Report
The South African judge behind the UN's Goldstone Report that shows equal criminal behavior between Israel and Hamas in the Gaza episode has now decided that the report is misleading.
His critics welcome him to the party. The best line in this mea culpa piece is where he says
"That the crimes allegedly committed by Hamas were intentional goes without saying — its rockets were purposefully and indiscriminately aimed at civilian targets."
Duh.
Hamas hasn't wasted any resources following up on the Report's allegations, whereas Israel has run 400+ investigations. Again, duh.
I'm glad he had the cojones to step up on this, but it's too late. History will be written with the Goldstone Report as fact, and Israel will have to deal with the aftermath.
His critics welcome him to the party. The best line in this mea culpa piece is where he says
"That the crimes allegedly committed by Hamas were intentional goes without saying — its rockets were purposefully and indiscriminately aimed at civilian targets."
Duh.
Hamas hasn't wasted any resources following up on the Report's allegations, whereas Israel has run 400+ investigations. Again, duh.
I'm glad he had the cojones to step up on this, but it's too late. History will be written with the Goldstone Report as fact, and Israel will have to deal with the aftermath.
Coping Skills Exercises for Today's Yoot
Not surprising, but scientists have found evidence that young people suffer withdrawal effects when their cellphones are taken away.
Ya think?
In other news, scientists have found evidence that heroin users react when their heroin is taken away.
Ya think?
In other news, scientists have found evidence that heroin users react when their heroin is taken away.
The Politics of Fear & Division, Part 12
Nothing new, but I thought that the current budget battle would be a good background for pointing out the fear, uncertainty and doubt (FUD) sown by "progressive" politicians. It's just louder and more rhetorical now.
Speaker Reid reminds us that the Tea Party is driving the Republicans to cut the budget, causing them to be "extreme" and "radical."
Jesse Jackson weighed in on how budget cuts are like the Civil War.
Eleanor Holmes Norton says it's the same as "bombing innocent civilians" to shut down the government.
We've already heard how 70,000 children will die if we cut offshore aid funding, so none of this should be surprising I guess.
The best one so far: families won't get their $100,000 death benefit from fallen soldiers if the government closes. Wow, just wow.
Science will have to shut down. "Time sensitive clinical research" translates to who knows what.
A shutdown will keep the shuttle Endeavor grounded.
Jerry Brown reiterates that we're in a Civil War. I guess they didn't teach history when he was in school, either.
UPDATE: Thank goodness for Customs agents. Without them we might have more exotic insects from other countries. What would we DO without Customs Agents? Hey, let's get some more! I wish they were more concerned about ALL of the parasites out there.
The politics of fear and the politics of division are alive and well, and being fed by the media in this country. Please, please consider this when you decide which group of political types represent you best.
Speaker Reid reminds us that the Tea Party is driving the Republicans to cut the budget, causing them to be "extreme" and "radical."
Jesse Jackson weighed in on how budget cuts are like the Civil War.
Eleanor Holmes Norton says it's the same as "bombing innocent civilians" to shut down the government.
We've already heard how 70,000 children will die if we cut offshore aid funding, so none of this should be surprising I guess.
The best one so far: families won't get their $100,000 death benefit from fallen soldiers if the government closes. Wow, just wow.
Science will have to shut down. "Time sensitive clinical research" translates to who knows what.
A shutdown will keep the shuttle Endeavor grounded.
Jerry Brown reiterates that we're in a Civil War. I guess they didn't teach history when he was in school, either.
UPDATE: Thank goodness for Customs agents. Without them we might have more exotic insects from other countries. What would we DO without Customs Agents? Hey, let's get some more! I wish they were more concerned about ALL of the parasites out there.
The politics of fear and the politics of division are alive and well, and being fed by the media in this country. Please, please consider this when you decide which group of political types represent you best.
The nature of regulatory law
Reports that 6 pages of the new health care law ends up generating over 400 pages of HHS regulations. That's not uncommon - the Federal Reserve has ended up with similar in the past. But it shows the difference between legislation and regulation, and that's an important thing to understand in banking.
Monday, April 4, 2011
Private money is illegal. In other words, no competition.
I've been following with interest the case of a guy who looks to be one of those scary militia types. He tried to get away with minting his own dollars. Feds say he tried to pass them off as US coins, they call him a "domestic terrorist."
I don't know the background of this guy, but the fact that the coins came from Coeur D'Alene Idaho sounds fishy. Lots of Nazis and bad white guys up there.
However, there shouldn't be anything wrong with printing an alternative money. ESPECIALLY if people could find out the silver or gold content of that money easily. It really makes the government look paranoid to spend so much time and money prosecuting someone for making barter currency.
I don't know the background of this guy, but the fact that the coins came from Coeur D'Alene Idaho sounds fishy. Lots of Nazis and bad white guys up there.
However, there shouldn't be anything wrong with printing an alternative money. ESPECIALLY if people could find out the silver or gold content of that money easily. It really makes the government look paranoid to spend so much time and money prosecuting someone for making barter currency.
Friday, April 1, 2011
GM wasn't really a success
The Washington Times today details the totality of losses that happened across the General Motors bailout-bankruptcy-rebirth episode starting in 2008.
As I've said here before, losing $84 Billion isn't "winning." Cheating bondholders out of their money can't be "winning."
As I've said here before, losing $84 Billion isn't "winning." Cheating bondholders out of their money can't be "winning."
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