Thursday, July 28, 2016

Is This the "Big Whoops" from the BioFuels Loons?

I've written alot about the ongoing stupidity of the ethanol mandate over the years (even going so far as to excoriate my man George W. Bush's sop to this mega-blunder).

Well, now we have what is perhaps the big "Whoops" on the whole ethanol front.  Apparently, the corn that one must grow to produce ethanol is requiring too much pure, unspoiled land.
Environmentalists who once championed biofuels as a way to cut pollution are now turning against a U.S. program that puts renewable fuels in cars, citing higher-than-expected carbon dioxide emissions and reduced wildlife habitat.
More than a decade after conservationists helped persuade Congress to require adding corn-based ethanol and other biofuels to gasoline, some groups regret the resulting agricultural runoff in waterways and conversion of prairies to cropland -- improving the odds that lawmakers might seek changes to the program next year.
"The big green groups that got invested in biofuels are tacitly realizing the blunder," said John DeCicco, a research professor at the University of Michigan Energy Institute who previously focused on automotive strategies at the Environmental Defense Fund. "It’s really hard for the people who really -- shall we say -- hate oil viscerally, to think that this alternative that we’ve been promoting is today worse than oil."
Wow.  It is almost as if lefties don't think through the consequences of their policies...

Actually, the nub is revealed in the last paragraph, greenies are so driven to rage by the thought of hydrocarbons that they can't think straight.  The whole ethanol idiocy has led to, principally, massive overplanting of corn which has meant higher food prices and natural habitat encroachment.  Way to go Exxon Haters!

RTWT, the greenies were wrong on every count - lower emissions, increase wildlife habitat, all of it.  It would be funny if it wasn't so sad.  But hey, let's listen to these dodos on the next big dumb idea.

Tuesday, July 26, 2016

How Bloomberg "News" Makes the Liberal Sausage

OK, here goes...liberal think tank comes up with a "simulator" that, no matter what inputs you enter, spits out results that say we need more liberal policy.  That's step 1.  Step 2 is that a "news" agency that is somewhat famous for coordinating with liberal actors in government and politics, publishes this "simulation" as news, even going so far as to pretend it is true, until the third paragraph, where they tell you it isn't true, but that you ought to believe it anyway.

This is how the news gets made folks...
A real estate developer wanted to increase affordable housing in Denver, trying to make fiscal sense out of a plan to build rental apartments for people making only 30 percent of the area's median income—the kind of housing America desperately needs. He discovered that, no matter what lever he moved or compromise he made, he was going to need some money from the government to make it work. Then he was going to need some more. 
Almost one in four U.S. renters spends more on housing than they can afford, according to a report in June from Harvard University‘s Joint Center for Housing Studies—and the problem gets worse at the lower end of the income spectrum. About 10 million renter households earn 30 percent or less of the area median income, accounting for a quarter of the renter population. The U.S. would need to add more than 7 million cheap apartments to meet demand from such extremely low-income renters, according to a recent report from the National Low Income Housing Coalition
“If we want to prioritize closing the gap for low-income households, we’re going to need more funding from public subsidy,” said Erika Poethig, director of urban policy initiatives at the Urban Institute, which published an online simulator Tuesday for the purpose of illustrating the challenges to building new affordable housing. Our Denver developer above is fictional, but he's an illustration of what that simulator churns out: No matter how you slice it, creating the affordable housing needed today probably requires government help.
Hey, how about this crazy idea...don't do it.  Maybe Denver shouldn't have affordable housing.  Maybe if no one can make it work, it shouldn't be done. 

Dumbest Idea of the Day (Shocker, Not From the DNC)

Wow.  An idea stupider than anything you'll hear coming out of the DNC coronation in Philly...Amtrak is going to re-launch a magazine!

Yes, crappy, money-losing, government run train service that people hate needs "long-form journalism"!

Friday, July 22, 2016

Why We Have Trump

THIS is why we have Trump.  Or THIS.

MSM elites can bitch and moan all they want about angry white males or Roger Ailes or any other hobgoblin of their obviously superior minds, but it is this sort of maddening leftist idiocy that gives rise to a guy like Trump.

If It's Happening In California...

As I have long said...probably the number one result of eight years of Obama (and Obamaism) is that America will be that much more armed to the teeth...and I don't mean the military.

Friday, June 10, 2016

So Clueless, It Has to Be Deliberate

"Dumpster diving isn’t a new phenomenon in Venezuela, but it is a growing one. Venezuela was once South America’s richest nation, but a fall in oil prices combined with other economic problems has sparked desperation."

That's REALLY what the article said - other economic problems - and ALL it said.  Not, "a deliberate policy program based off socialist ideology that has destroyed production of nearly all goods" but "other economic problems."  Why didn't they just say, "bad luck?"


Friday, June 03, 2016

Economic Numbers Make Obama Look Like as Asshole in Real Time

Love it.  The day after Lightworker Person says, effectively, 'you're an idiot if you think the economy is bad," we get a terrible jobs report, the worst in quite awhile.

Of course, no one monthly jobs report is decisively indicative, but this report continues a pattern of sub-par reports that have gone on for years, and reflects the continuing large gap between the U-3 and U-6 gauges.

Thursday, June 02, 2016

Cash on the Barrel Healthcare Proceeding...

I've been saying it for awhile (here, here, here and here)...doctors will increasingly ditch insurance in favor of direct payment.  You, actual payment for or credit card...remember those? 

Remember, insurance isn't healthcare, it's only a means to pay for healthcare, you can have all the insurance you want and if a doctor wants cash, well...SOL for you!

All is proceeding as I have foreseen.

Wednesday, May 25, 2016

Throw Out the Decades Old Retirement Playbook

Watch this video of an interview with Wharton prof and stock market eminence, Jeremy Siegel.

He's saying what I said a long time ago, an entire generation can't rely (and shouldn't rely) on government bonds for retirement income and/or safety and security.  Blue chip stocks are probably as "risk-free" as a 10 year Treasury right now.

Wednesday, May 18, 2016


Well, the death throes of Venezuela continue apace.  I will not reiterate how I've been predicting this for years because it was, well...predictable.  Where Venezuela is now is where ALL SOCIALISM ends.  Always.  Full stop.

And, frankly, the Venezuelans deserve their fate. They bought the bill of goods that Chavez and his criminal gang were selling for years.  Enthusiastically too.  They fell pathetically into a trance under the transparently cynical cult of personality that Chavez built around himself.  And they had the misery of nearby Cuba as well as the recent examples of the USSR and Argentina to learn from.  But learn they did not.  They were dupes of a world-historical magnitude...some of the greatest suckers ever to walk the planet.

Now the New York Times (and others in the liberal MSM, redundancy alert), who can't avoid the situation any longer (hey, where are Sean Penn, Harry Belafonte, and Bobby Kennedy Jr. now, huh??) are reporting on it, but in a classic libtard way.  Here is the Crimes reporting on the "public health" crisis.  Public health, huh?  Venezuela has an EVERYTHING crisis.  Yeah, a total meltdown of every aspect of society will affect healthcare, but yeoman work there NYT for finding a liberal hobbyhorse angle rather than the all-encompassing destructive force that is authoritarian socialism.

Other coverage seems to chalk Venezuela's problems up to bad luck in the form if collapsed oil prices.  Yeah, low oil prices hurt, but Venezuela's problems are not solely oil-related, they are, again, everything-related.  The entire economic system was wrecked by the destruction of productive capacity, both in physical and human forms.  This wasn't bad luck, it was a conscious policy crusade of the Chavistas, and oil was just the mechanism by which the Potemkin facade was propped up.

Many lessons here.  First and foremost, for Americans, is to see how the media aid and abet this kind of destruction, by turning a blind eye, soft-pedaling and obfuscating.

Tuesday, May 10, 2016

Yes...And Hillary Supporters Care About Issues...? Nope.

I've come around on Mark Cuban...used to not like him.  But he talks alot of sense these days.  Like this, RWT.  I've been thinking along the same lines recently, regardless of what you think about Trump, the Presidency is mostly about who the POTUS has around him.  Obama was dangerous at first because of those around him.  Once he was forced into hiring he B and C teamers, I knew he was done.  So, I find it intriguing that Peter Thiel is a Trump delegate.

And it would have been nice for Cuban to point out that Hillary voters don't really care about issues either, they just want a woman POTUS regardless of anything. 

Yes, Congratulations...

I think I mentioned that this would happen...

Thursday, May 05, 2016

Anoy Librulz...Eat Mor Chikin

When will these dickheads realize that when they pontificate to us (aka pander to their small and shrinking base), we do the OPPOSITE of what they want.

I predict a land office business at the NYC Chik-fil-A stores in days to come.

Constitution? Didn't Stop Obama, Why Should It Stop Trump...

Team Journolist (aka Bloomberg News):  "The Constitution Won't Stop President Trump"

It didn't stop President Obama, why should we now assume that future POTUSi would go back to the status quo ante?

Conservatives have been warning about the dangerous Constitution-weakening precedents that Obama has unleashed for seven plus years, and suddenly now lefties are all starry-eyed about our founding document?  Whatever comes, you can choke on it Feldman.

Friday, April 29, 2016

Problem Very Easily Solved

There is a very easy fix for this...

Shoot one down.  Or at least shoot and miss...but shoot.

Death Throes for Venezuela

Belmont Club Guy Richard Fernandez pens "Death of a Nation" in re Venezuela.

I've been saying this for awhile...always early but never wrong, baby (OK, sometimes wrong).

Also, there was an article on the other day that Venezuela was stiffing the printing companies that are printing up planeloads of bolivar notes.  Not good, at some point those guys will need to get paid or they'll cut Maduro off.  No more printing money, in Venezuela's situation, and the economy will crater into a barter system.

Finally, there is alot of misery in Venezuela, but we should have ZERO sympathy.  In fact we should cheer it. Chavismo is just another iteration of the inherently flawed organizing principle that is socialism, and we need constant reminders that it is a failure, lest we resurrect and maintain an enthusiasm for it in other parts of the world.

Thursday, April 28, 2016

Obama and the Stock Market

Is Obama trying to take credit for the stock market returns over his tenure?  Looks that way.
“One of the constants that I’ve had to deal with over the last few years is folks on Wall Street complaining, even as the stock market went from in the 6,000s to 16,000 or 17,000,” he said, referring to the rise in the Dow Jones Industrial Average during his administration.
I can't update my analysis on this just now, but let me reiterate my basic thesis about Obama and the stock market: 1) what, in general, has been bad for Barack Obama has been good for the stock market; and, 2) the stock market expected 3 very bad things to come of the Obama era, and when it became apparent that only one would materialize, it rose on the reduction of fear rather than on a wave of optimism.  My key posts outlining this are here and here and here.  And here is the gist:
...despite re-election, Barack Obama's popularity has gone consistently down and his power has consistently ebbed since the day he took office.  Even at the supposed height of his influence, he had to scrape, scrounge and have Harry Reid pull a few sneaky tricks to get his signature legislation through.  Beyond that his accomplishments have been nearly nil, and, in my view, the stock market loves it.
The market had big legs up in response, or in absorbing the reality even before the fact, to major Obama defeats, the 2010 midterm elections and the 2014 loss of the Senate.  In general, however, the Obama tenure has been one of slowly eroding power and influence and the market has melted up.  It picked up on his ineffectuality long ago.  For the last year or so, it has been discounting what a post-Obama world might look like.

Having said all that, I DO believe that the Democrats' policies have resulted in the stock returns that we've experienced in recent years, but these results are completely unintentional and diametrically opposed to what Democrats say they want to achieve.  What we are seeing is either profound lack of understanding, on the part of Democrats, of how the world works or a completely phony facade of rhetoric built on top of a policy program specifically designed for the wealthy class.

Wednesday, April 27, 2016

Again, The Wages of Apathy Are Dear

As what any reasonably informed or analytical person could have told you from the start, Warren Wilhelm, aka Bill DeBlasio the current mayor of New York City, is a typically corrupt, Democrat-machine politician.  While maybe not as rotten to the bone as others, he exhibits all the garden-variety stains of corruption that New York City has pleasantly enjoyed respite from for 20 years.  Add to that rank stupidity and it's the Big Apple's profound shame that this putz sits in City Hall.  (If we are going to have corrupt Mayors, we want effective, productive, and visionary corrupt Mayors!)

So I will say it again, DeBlasio is a political science lesson to the citizenry...don't be apathetic.  The Wages of Apathy, as I call them, are paid in a ninkompoop like DeB.  Getting things abjectly wrong in exercising your vote is another problem to be avoided but that is not the issue here (for a case study in that type of mistake, see Obama, Barack).  Not caring, not voting, thus letting an absurdly small number of the citizenry saddle your polity with disastrous leadership is even easier to avoid than an active mistake (again, see Obama, Barack).

The wages of apathy are costly.

Tuesday, April 26, 2016

Minimum Wage Best Thing for Kiosk Biz In Decades

I was not the first to point this out, but if you are pointing this out now, you are WAY behind the curve...

Monday, April 25, 2016

"Bugger Off, Obama"

I agree wholeheartedly with the number of Brits (like this one) who've come out and said, in response to the Lightworker's condescending and irrational instructions on the "Brexit" vote, more or less, "Bugger off, Obama."

That being said, don't forget it was many of these Euro-schmucks that helped give us this shithead to begin with.