Top 5 Hiring States in 2013 - All Energy States
3. North Dakota
Manny Mota...Mota...Mota (OK, not a helpful title...this blog is mostly about Economics, the Markets, Politics...and during the football season also about the New York Giants)
Glenn Reynolds’s forthcoming book The New School: How the Information Age Will Save American Education from Itself vividly details the train wreck that is the institution of higher education in this country. “What can’t go on forever, won’t.” Reynolds makes the economist Herb Stein’s observation a centerpiece of his book. Repellent pseudo-intellectual horrors like “Toward a Feminist Postcolonial Milk Studies” cannot go on forever; therefore, they won’t. This ruin of taxpayer money, to say nothing of the intellectual sanity of students and teachers, is too egregious to continue. It will not continue. “Toward a Feminist Postcolonial Milk Studies” is just one of many, many signs that the house of intellect in this country has become a sort of Augean Stables, full of malodorous waste and bovine mooing. It awaits its Hercules to perform a much needed lustration.If you don't recognize the writing, it's, of course, Roger Kimball. He speaks whereof he knows, "rancid, misbegotten products of wayward affluence much thought" and the "...truly egregious [that] bubbles up from the dismal pit of pseudo-intellectual academic lucubration" ... "special gem[s] of fatuous, wood-pulp darkening nonsense."
Don't worry, we won't be stuck on stupid for too much longer. We don't have the time and we don't have the money. Common sense is coming back, no matter what we do. It's coming back. It has to, despite our most fervent wishes.It's all going away because we don't have enough money or enough time and I have just barely enough optimism left to be fairly confident that the human race will not jump into the abyss. It's all going away, just when no one knows, but it is. The fiscal version of the Big Electron is going to sweep us away. Cue the George Carlin...oh, and Happy New Year.
We won't be stuck on stupid for too much longer.
...the Obama magic has faded. That's most likely true, but that is not the big story in my opionion. The big story is that anybody thought for a moment that it wouldn't fade. That anybody expected even the most basic level of governance from Obama, let alone monumental and transformative things, is the story of greatest import here. And it is not that the hope, dreams and expectations placed into the Obama vessel were so grand, it is that the vessel that is Obama is so small. I have said it before - in November of '08 I said we bought ourselves a pig in a poke. Later I said that disappointment and pain is what we deserve given that we elected a man of no consequence and no achievement to the highest office in the land. Why we expected a man with no discernable track record or proven record of leadership to lead and to achieve in the name of this massive and complex society is a story of historical proportions. Did we think that plucking just any man off the street - essentially what we did - to wield enormous power was wise? ...
Why did we think that a man with no knowledge of the private sector would lead a mostly private sector nation out of a severe economic slump? Why did we think that a man who consorted with raving America-haters would inspire a mostly proud and patriotic nation to excellence? Why did we think that a man who views our role in the world as flawed would draw our allies nearer to us? Why did we think these things?
The culmination of our wallowing in delusion was the building up of a cipher on a cloud of dreamy unreality into some messianic figure. That edifice is now crumbling.
...The question for the ages, for the historians, is not why Obama failed, but why we expected anything other than failure.
the whole phony edifice of delusion we have constructed is starting to crack. It is not all Obama's fault, it is not even mostly his fault; this has been building for years, and he is merely the embodiment of it all.
In Colorado, high school student Karl Pierson was suspended for threatening to murder his debate coach. It turns out they should have arrested him, not just suspended him. Pierson wasn’t kidding. He showed up at Arapahoe High School with a shotgun, looking for the coach, and shot a fellow student, critically wounding her. The incident didn’t turn into mass murder, even though Pierson was armed with a shotgun, a machete and three Molotov cocktails, apparently because there was an armed deputy sheriff stationed at the high school. When the first shotgun blast went off, the deputy sheriff raced to the scene and, reportedly, “the heavily-armed shooter realized he was about to be confronted by an armed officer, and he took his own life.”Who's crazy now?
"Bankruptcy, not politics, is the final arbiter: Individuals, firms, and nations either buy particular bonds or they don’t. And a nation like Greece, in turn, either pays what it has borrowed or it doesn’t. All the op-eds in the New York Times cannot change that fact."UPDATE: David Stockman minces no words: Disaster. Betrayal. Joke.
It took two months, weekly visits to the jammed-up federal website and a half-dozen phone calls, but JoAnn Smith finally got health insurance Monday. It'll only cost her $3.19 a month to cover herself and her husband.$3.19 a month is $38.28 a year. For two 60 year olds. $38 is essentially zero in the context of the provision of medical services for two 60 year olds.
The Seattle Mariners’ contract with Robinson Cano is worth about $42 million more in after-tax pay than the New York Yankees’ best offer to the All-Star second baseman, according to Robert Raiola, a certified public accountant who specializes in sports and entertainment.
The calculation, Raiola said in a telephone interview, is based on the assumption that Cano will become a resident of Washington, which has no state income tax. Cano, in an April New York Daily News article said he lived in New Jersey, where the top tax is 8.97 percent.
The Obamacare cheating bonus–$5,328, in the above example–dwarfs either of those incentives, and almost doubles the payoff for understating your income. Save on income taxes and FICA and get near-free health insurance too!
Of course, it’s mainly the self-employed who are able to fudge their incomes–no annoying w-2 forms, lots of loosely characterizable deductions. Don’t expect to see a lot of freelancers with $46,000 incomes next year.Loosely characterizable deductions? What are those?
Actually, there’s plenty of evidence that unwed childbearing, father absence and fraying kinship and community networks exacerbate the problems of low-income people and make it incredibly hard for them to gain a foothold in the middle class. These are thorny problems that aren’t easily solved by the kinds of government measures Obama champions. So his speech says very little about the ways that strong marriages, family stability, or a robust role for churches in helping struggling Americans improve their lives can all improve economic mobility in this country. These social and cultural factors are arguably root causes of inequality, and it’s a pretty conspicuous omission to ignore that in a presidential speech on the subject.How can a guy this educated and ostensibly clear thinking not know that socialists of all stripes (whether they be modern, light-touch socialists going by the name "progressives" or unapologetic Marxists) want three core things. They are:
Obama surely knows that his lies have been exposed, and that Obamacare’s unpopularity is in part the result of that exposure. There is something downright weird about his giving a speech–one in which he talked about how terrible it is when people lose their health insurance–without even mentioning the elephant in the room. He is like a trial lawyer whose client is damned by one horrible fact which has been emphasized repeatedly by the opposing party, and who delivers a closing argument in which he fails to mention the key evidence in the case. You just can’t do that. In some fashion, you have to deal with it. Today, Obama didn’t even try.The question of whether people believe him any more presupposes that people are even listening. Maybe they are, but I have my doubts. I have long posited that a key piece of evidence that the Lightworker is not nearly as smart as all the fawners claim (or dream) he is, is his lack of understanding that the more you talk, the less weight people give your words.
"We will allow recourse to private teams capable of complementing the navy's missions," Ayrault said in an interview with Ouest France regional newspaper. "There has been a strong appeal from shipowners and we have heard it."
Hundreds of billions of dollars are in this pickle noted above because of decades of conventional wisdom that the retirement of the Baby Boomers would precipitate a massive secular shift from stocks to bonds, that all these wealthy, healthy, active children of the 1950s would sock their wealth into fixed income so they could live in retirement bliss with all the Viagara, Prilosec, sushi dinners and Third World travel they could handle, all funded by ample, reliable streams of regular income. This was conventional wisdom for decades - boomers will drive down stocks in favor of bonds. And it has been happening - the mutual fund flows tell the story - but something bad happened on the way to Boomer Retirement Bliss. They don't have enough bonds paying them enough interest to afford the retirements they expected. The generation just before them - the WW2 generation - sucked up the last of the sweet-paying bonds, they're keeping them and nothing like them will be issued again in time for the Boomers. In other words, the Boomers are stuck.Now, this is starting to become better understood.