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May 10, 2011

Comments

lyle

How do you stand listening to him, MayBee? I have to turn the channel or sound off whenever he shows up.

Tell me about it. I can't lunch for the mute button on the remote fast enough although I'm still shaving off miliseconds for the upcoming time trials.

Jane

Mark,

I bet they rule this week. Prepare to be bummed.

MayBee

I think the astronaut was not an illegal immigrant, but did work with his parents in the field. He went to school in Mexico and the US. He was good at math. He dreamed of becoming an astronaut and goshdarnit if he didn't become one.
For some reason, this anecdote was to show us why things must be changed.

lyle

lunch=>lunge

Lunch is what I feel regurgitating up in my throat when I can't find the remote.

MayBee

Judge Andre Davis said, "There was no doubt the individual mandate was necessary to Congress' mandate" in the area of reform legislation,

I love the recent(?) judicial thinking that if things are really important, that makes them constitutional.

Rocco

Mike Huckabee and Mitt Romney are at the top of the GOP race with 19% and 18% respectively.

Romneycare is a failure.

A true leader would admit his mistake, build on what he learned from it and move forward. Romney, with more flip flops on his record than a beachfront sandal shop, can’t afford another one.

Can't wait to hear what he says Thursday.

Extraneus

I should have known when it wasn't live-blogged, MayBee.

Rob Crawford

Illegals becoming astronauts: doing the jobs every young boy dreams of.

Cheaper.

And with preference, because they're not pale, law-abiding, English-speaking haters.

Ignatz

--He's pretending there is a consensus in the country on how to fix immigration, and "Washington" is behind.--

For once he's correct, it's just that the consensus is the polar opposite of what he and his DC jerk allies want to do to us.

Danube of Thought

"Until you have to squat over a hole and wipe yourself with a handful of leaves or bark."

I don't see how barking would do you much good at a time like that.

Frau Steingehirn

"Heh, Just tip me off first so I can hightail it out of here, please."

The new JOM app for your phone will alert you, clarice.

Janet, diesel out west in my area is now $4.50 and higher. That will raise prices on food and everything else; I don't know what will stop it. What do you think it costs to fill a big rig?

MayBee

Ha ha ha ha ha ha ha!

Rob Crawford

I don't see how barking would do you much good at a time like that.

It'll scare dogs away.

Hopefully.

Ranger

Well, give Obama credit where credit is due on border security. By demolishing the job creation engine of the American economy, he has dramatically reduced the desire of people to come here illegally and look for work.

anduril

News you can use: The Tricky Chemistry of Attraction: Taking Birth-Control Pills May Mask the Signals That Draw the Sexes Together, Research Shows

MayBee

Here's some of the rhetoric that drives me crazy in the DREAM act debate. Obama just indulged himself in it.

The argument is, it isn't fair that these kids (through no fault of their own!) might not be able to live here as adults because THIS IS THE ONLY COUNTRY THEY KNOW. The problem with this idea is, the parents somehow managed to leave the ONLY COUNTRY THEY KNEW to move to the US. And, of course, Obama also wants to invite other relatives to leave the ONLY COUNTRY THEY KNOW to join their family members here.

Rob Crawford

And, of course, Obama also wants to invite other relatives to leave the ONLY COUNTRY THEY KNOW to join their family members here.

How else will the make the US just like the ONLY COUNTRY THEY KNOW?

bgates

it isn't fair that these kids (through no fault of their own!) might not be able to live here as adults because THIS IS THE ONLY COUNTRY THEY KNOW

It's very important for people who live in America to go to other countries so they don't become insular and parochial, unless they are illegal immigrants.

Danube of Thought

Ireland is about to do what some have said they fear happening here:

The Irish government plans to institute a tax on private pensions to drive jobs growth, according to its jobs program strategy, delivered today.

Without the ability sell debt due to soaring interest rates, and with severe spending rules in place due to its EU-IMF bailout, Ireland has few ways of spending to stimulate the economy. Today's jobs program includes specific tax increases, including the tax on pensions, aimed at keeping government jobs spending from adding to the national debt.

The tax on private pensions will be 0.6%, and last for four year, according to the report.

From the jobs initiative release:

"The various tax reduction and additional expenditure measures which I am announcing today will be funded by way of a temporary levy on funded pension schemes and personal pension plans. I propose that the levy will apply at a rate of 0.6% to the capital value of assets under management in pension funds established in the State."

I don't think any such levy would be constitutional in this country, but I've never really checked it out.

MayBee

Here's the story of the astronaut:
That idea is what gave hope to José Hernández, who is here today. José’s parents were migrant farm workers. And so, growing up, he was too. He was born in California, though he could have just as easily been born on the other side of the border, had it been a different time of year, because his family moved with the seasons. Two of his siblings were actually born in Mexico.

So I guess what Obama wants is, if one member of a family is a citizen....everybody becomes a citizen????
Is that it? What is Joes lesson for us?

Ignatz

--I don't think any such levy would be constitutional in this country, but I've never really checked it out.--


Judge Andre Davis said, "There was no doubt the individual mandate was necessary to Congress' mandate" in the area of reform legislation.

Is a comment necessary?

clarice

About the League of Women Voters
http://pajamasmedia.com/tatler/2011/05/10/time-to-educate-the-league-of-women-voters/

Thanks for everyone's ideas/ Cathy, none of these stoves take much wood--they are well designed to create a lot of warmth with little wood.

I am torn by the better looking and sure to be more expensive, stucco/terra cotta beehive type and the Sole oven and smoker..which (a) is fully assembled (b) cheaper)(c) portable and (d) offers much more easily controlled temperatures--critical for good bread making.It also does not require removing hot embers and ashes to bake in as those are in a separate compartment; and (e) I can also use to smoke foods.

If by chance anyone comes along with experience in these let me know. Forno bravo has a supplier right here in the Va suburbs who can overlook and demonstrate these. so I am trying to reach him.

Rick Ballard

Chubby,

How does a statement of effect refute a hypothesis regarding causation? In gross dollar terms, the lying suburban optimists probably outweighed the Blue Hell denizens wrt losses due to foreclosure. (The fact that the NY Fed has the data necessary to settle the matter but has not published the answer leads me to presume that the default rate based on loan count rather than value could be used to support CRA causation.)

AFAICT, there were three major "good intentions" paving stones laid by the Feds on the path to housing perdition and CRA was one. The other two were MBS and CDS and all three involved "sharing" the risk of making loans to people who would not qualify under "normal" guidelines. All the other factors mentioned by others above flow from the well intentioned efforts of very highly credentialed members of our rather pathetic oligarchy.

Good central planning really does require a level of stasis rarely seen outside the grave.

Extraneus

I think the astronaut was not an illegal immigrant

Yeah, I just like the way the Democrats always conflate immigrants with illegal immigrants. Illegal schmillegal.

MarkO

Constituional. What a concept. (spoken like Bugs Bunny)

Frau Backofen

clarice, even if you decide *not* to build your own, Kiko Denzer's book on building an outdoor oven is worth having. It's beautiful and shows many examples of plain and fancy (to go with your new boots!). I keep the book for its photos and history of bread baking outside al fresco.
LUN

MarkO

Bugs doesn't spell any better than I.

*Constitutional*

Rob Crawford

I don't think any such levy would be constitutional in this country, but I've never really checked it out.

Haven't you heard? Everything's constitutional. Except saying things lefties don't like.

Porchlight

clarice, the Forno Bravo ovens are gorgeous, but it seems that the features of the Sole would, at least for me, be hard to outweigh. The portability alone would be a huge factor - you may need to move it a couple of times to determine the best location (which may vary by season), and there is also the possibility that it could be sold in the event you decided you didn't need it anymore.

maryrose

I totally expect the 4th district to rule in favor of Obamacare because they have all received their marching orders from Obama. The final arbiter was always going to be the Supremes {not Diana Ross and Co. } but the other ones. So I will wait for their well-reasoned decision. Meanwhile if I were a governor I would be in no hurry to try and implement the monstosity. Remember apologising for not understanding the unconstitutional mandate is a lot easier than trying to get this sucker off the ground in your state. Let old Kathleen try to come into your state and implement this albatross. Then watch the lawsuits fly1 We have some repub lawyers up our sleeves. Meanwhile whatever state gets an alternative state gets their own program up and running is where I'm going to move. If you are part of the lawsuit you shouldn't be starting anything.

maryrose

should be alternative health plan

Melinda Romanoff

clarice-

I don't think you're taking this decision seriously enough.

This is being serious.

Janet

Ann Barnhardt.

clarice

Porch, I have a very shady side yard I can move it into when it's not in use, and then pull it up next to the kitchen and outside grill when I want to use it.
Yes, frau the Denzer book looks great.

The Solo is based on an Australian design--Aussies make this one and something called the koala--both of which are metal and somewhat more practical than the traditional terra cotta/stucco/concrete beehive ones.


Thanks again to everyone.

Melinda Romanoff

This.

Ignatz

....CRA was one. The other two were MBS and CDS...--

Rick,
I still say those three would have made a small to medium sized mess rather than a gigantic one without the Fed supplying wheel barrows full of free money from their Bubbles-R-Us slush fund, which they have seemed to tap with increasing regularity the last twenty five years or so.

Frau Backofen

this carp in El Paso,..

Porch, I'm sure you have heard Kinky Friedman's "I'm proud to be an @$$hole from El Paso."

What a flip of the bird to the Lone Star state. Barry denies TX has been hard hit by disasters and now comes to collect contributions and blather about HIS plans for illegals' citizenship. People should hurl their shoes at him.
Gutsy? No, putzy.

Jane

That's great Janet. Where did you read about her coming to MA.

Melinda Romanoff

Rick-

I would shave it a tad differently. Setting aside the CDS market, which is private, the different flavors of ABS (asset backed securities, MBS being just one) are where ALL of the problems lurked.

By mixing different paying debt, you got the range of GNMA Golds, all AAA, to private label, like Lehman's, CLOs, collateralized loan obligations, which included credit cards to car and boat loans.

Then the private label stuff got "cute". Because of the volume they were stuffing through the ratings agencies, who had no reasonable time to review the actual securities underpinnings, the originators of the securities would put a token AAA loan on the top few in the stack, stuff the rest of it with carp, and the raters would slap a AAA rating on it. Suitable for municipal pensions, and the like.

The leveraged trade on them by the internal hedge funds, say like the one at Bear Stearns, bought them with essentially no money down.

One default, and blooey goes the trade.

The CDS was the private insurance that, with little or no money down, would write as part of the deal, just in case. Just one big house of cards that only kept working, so long as housing values kept going up, non-stop. This is the gravy on the whole shebang, not a moving part, just the last nail in the proverbial coffin.

Chubby

I worked for quite a while on a post responding to the many excellent points made about the CRT's role in the subprime meltdown, but when I hit submit, the post got et. :(

Ignatz that was a great analogy about Typhoid Mary. Rick, thank you and exactly, "How does a statement of effect refute a hypothesis regarding causation?" The author of the cite I posted seems to be quite sensitive about any guilt being assigned to the CRA -- so the history rewriters are busy telling only half the story in every department, apparently.

I watched several Newt videos today, and they were excellent imo. His conservative message was undiluted and he addressed root causes instead of lopping at branches.

Newt Gingrich on Shalom Show with Richard Peritz on current issues and Israel LUN

Also one where he is speaking at a David Horowitz sponsored event, and the one from a long time ago where he defended Sarah Palin like a grizzly bear.


After listening to him, I am wondering if he is a viable candidate after all.

Chubby

**CRA's role**

Ignatz

--After listening to him, I am wondering if he is a viable candidate after all.--

God forbid.
He talks fine [usually] and governs like a fool [almost always].

Extraneus

Did you watch her videos, Jane?

Thomas Collins

DOT, I think the tax-deferred "inside build-up" of pension funds could be eliminated in the US. In other words, instead of deferring the income tax until distribution, income from the pension fund could be currently taxed, thus eliminating the possibility that the tax would be found to be a direct tax subject to the Constitution's apportionment rules.

Porchlight

Porch, I'm sure you have heard Kinky Friedman's "I'm proud to be an @$$hole from El Paso.

Heck yes! Mr. Porchlight's band has an El Paso song, too, which was reportedly on GWB's iPod for awhile. There is also an amateur video which I have an abiding fondness for (especially the football playing scenes):

http://www.youtube.com/watch?v=umKy2vxkjRw

Jay Carney said something the other day about how Obama was going to use the OBL victory to drill down on immigration reform, or something. Guess he wasn't just sounding stupid for the fun of it.

Thomas Collins

Although eliminating the tax deferral on pension income is different from the Irish plan, depending on how it is structured, it could be as or more draconian. For example, if progism makes a comeback, the tax could be imposed at the highest marginal rate.

Jane

I watched part of the first one Ex/

Danube of Thought

You may be right, TC. I've got a lot of money sitting in rollover IRA's, and there's a big ordinary-income tax overhang on it when withdrawal time rolls around. I've been drawing down a lot over the past three years so as to get a lot out under the Bush rates.

Since there is already an effective lien on what's still in there, I suppose it would be a trifling matter for them (a) to declare it due now, and (b) to increase the rate--which the President has already said he intends to do.

Thank God we have the House.

Extraneus

I am wondering if he is a viable candidate after all.

If he goes after Obama, that's good enough for me. We need candidates who'll take it to Obama in no uncertain terms, not milquetoasts attempting to straddle some imaginary line in order to garner support on the left. If they draw blood, they'll get my support.

Extraneus

Hey Mel, that netvibes LUN looks pretty interesting.

MayBee

I also think Obama said "I.M. Pee" instead of "I.M. Pei".

clarice

Me, be still my beating heart. What a cooker that is!!!!

**

He, did, MayBee? Heh--kinda like Corpsemen or kids should speak a second language when he cannot even get this one right.

Extraneus

You should watch the second one if you want to know who Ann Barnhardt is, Jane.

Ignatz

--I also think Obama said "I.M. Pee" instead of "I.M. Pei".--

Sure it wasn't I.P. Freely?

bgates

More and more often, I enjoy the Yahoo/AP stories - not for the journ-O-lust but for the comments. Remember a few weeks ago when I pointed to a story where the comments were running 9:1 against Barry? He's lost most of that 1 with this El Paso disaster. A sample:

This Democrat wants you to deport the illegals and seal the border. Are you listening Mr. President?
Votes for that comment are running 2439 in favor, 90 against.

Extraneus

I also think Obama said "I.M. Pee" instead of "I.M. Pei".

I don't get it. Was I.M. an illegal immigrant? I didn't even know he was Hispanic Latino.

Sara (Pal2Pal)

Until you have to squat over a hole and wipe yourself with a handful of leaves or bark.

Works until you are too stupid, like my h.s. boyfriend while out hunting. He grabbed a handful of leaves, only to find out within a short time that those leaves were poison ivy.

Extraneus

Btw, on this whole thing about the great Mexican kid who became an astronaut. Did he become an astronaut over other people who weren't "minority" applicants? Surely that's a good bet. So why should we celebrate the idea that a "minority" Mexican could become an astronaut in this great country of ours if there's an advantage to being a minority? Wouldn't it have been more difficult if he'd been Swedish?

Btw, would our first "black" president be president if he wasn't "black." Would he even be a Harvard Man?

AA is a cancer on the body politic, and we really do deserve it.

BobDenver

Holy cow. The Obama story bgates links to is less than 80 minutes old and already has over 41,000 comments. People riled up much?

rse

Mel-

So basically we never learned the lesson of Meriwether's LTC fund that what seemed dispersed in a mathematical model was not just as soon as a major player had to sell?

And that replicated model put the system at risk?

Jane

Pretty good Ex.

Extraneus

She's daring them to come and kill her, Jane. She's not married, has no kids. Apparently, she plans on taking a few of them out first with that pink AR-15.

Porchlight

Wow, those comments at the Yahoo link are something else.

This is a major political loser for Obama and a huge bipartisan issue. The 2012 candidate who comes out firm against immigration reform is going to defeat Barry - if he/she can win the nomination.

clarice

Jane, be sure to check your mail for an email from C. Adams.

Melinda Romanoff

rse-

Not exactly, this was a system all in and of itself. LTCM blew up on the premise that in no way would Russia default on its debt.

Bad bet.

Side trivia point: Who was the reporter/head of the Moscow desk for the WSJ who repeated the Kremlin line the precise morning just before they defaulted? CNBC's Senior Economic Reporter Steve Liesman, he's a sucker for government officials.

Dubious but gullible

"The 2012 candidate who comes out firm against immigration reform is going to defeat Barry - if he/she can win the nomination."

"IF HE/SHE CAN WIN THE NOMINATION......"

POOCH;

If it is possible, you have just transcended yourself.

How about this; "We can convert iron into gold, if we find the Philosopher's Stone"

Janet

That's great Janet. Where did you read about her coming to MA.

Sorry it took so long to get back. It was military care pkg. packing night at the church. Here is the link to the Barnhardt details. Scroll to the bottom of the post.

At packing night tonight, I got a letter from a Marine! It was posted to our family through the church so it is kinda old. So great! I'm off to Facebook to see if I can find him!

Captain Hate

I also think Obama said "I.M. Pee" instead of "I.M. Pei".

I just heard some clips of this clown on Hewitt's show. He sounds like something you'd hear on a really really bad version of "In Living Color".

narciso

Richard Cohen wrote something specially stupid about 'American exceptionalism,
totally missing the point, the boat and
the pier.

Jane

Got it Clarice. That was actually in the paper today. So it's not a secret.

clarice

Judge Feldman's still spanking Salazar.


Associated Press, b
NEW ORLEANS — A federal judge has given the Obama administration 30 days to act on six permits for deep water drilling in the Gulf of Mexico. U.S. District Judge Martin Feldman on Tuesday ruled on a lawsuit filed by Ensco Offshore Co. and others. He rejected Interior Department arguments that the issue was moot because it already has resumed issuing permits following the moratorium that was imposed last year after the massive BP oil spill. Three permit applications in the original lawsuit have been granted.

jorod

Screw off-shore drilling. We want on-shore drilling....

clarice

well, he was warning about it early. If I can help. whistle.

Be sure to read this about he MA League of Women Voters.http://pajamasmedia.com/tatler/2011/05/10/time-to-educate-the-league-of-women-voters/

centralcal

Good grief, Jane, I just read YouToo and your trip to the airport. My admiration for your journey is immense.

narciso

It seems they are hell bent, on wrecking every
enterprise that is not exclusively their own.


http://www.wmur.com/money/27844592/detail.html

pagar

Narciso, IMO, the object of all these new regulations, etc is to end every private industry job in America before the Obama Administration leaves office. If you don't work for the government they don't want you working.

Jane

Blame Caro, CC - she is absolutely fearless.

clarice

The metro/TGV/airport terminal connections at CdG can be very confusing.

centralcal

I am stealing blatantly from Weasel Zippers (one of my favorite sites). Class v. Crass. Beauty from within radiating without v. Ugliness within radiating without:

You be the judge!

PD

Immigration is a complex topic

Call me a simpleton. I don't think it's so complex:

Legal immigration: Good

Illegal immigration: Bad

narciso

Young Pod, seems to have doubled down on the foolishness in today's Commentary,

glasater

The donation messages are becoming more frequent. This is the latest missive:

Friend --

I went to El Paso, Texas, today to lay out a plan to do something big: fix America's broken immigration system.

It's an issue that affects you, whether you live in a border town like El Paso or not. Our immigration system reflects how we define ourselves as Americans -- who we are, who we will be -- and continued inaction poses serious costs for everyone.

Those costs are human, felt by millions of people here and abroad who endure years of separation or deferred dreams -- and millions more hardworking families whose wages are depressed when employers wrongly exploit a cheap source of labor. That's why immigration reform is also an economic imperative -- an essential step needed to strengthen our middle class, create new industries and new jobs, and make sure America remains competitive in the global economy.

Because this is such a tough problem -- one that politicians in Washington have been either exploiting or dodging, depending on the politics -- this change has to be driven by people like you.

Washington won't act unless you lead.

So if you're willing to do something about this critical issue, join our call for immigration reform now. Those who do will be part of our campaign to educate people on this issue and build the critical mass needed to make Washington act:

http://my.barackobama.com/Immigration-Reform

In recent years, concerns about whether border security and enforcement were tough enough were among the greatest impediments to comprehensive reform. They are legitimate issues that needed to be addressed -- and over the past two years, we have made great strides in enhancing security and enforcement.

We have more boots on the ground working to secure our southwest border than at any time in our history. We're going after employers who knowingly break the law. And we are deporting those who are here illegally. I know the increase in deportations has been a source of controversy, but I want to emphasize that we are focusing our limited resources on violent offenders and people convicted of crimes -- not families or people looking to scrape together an income.

So we've addressed the concerns raised by those who have stood in the way of progress in the past. And now that we have, it's time to build an immigration system that meets our 21st-century economic needs and reflects our values both as a nation of laws and a nation of immigrants.

Today, we provide students from around the world with visas to get engineering and computer science degrees at our top universities. But then our laws discourage them from using those skills to start a business or a new industry here in the United States. That just doesn't make sense.

We also need to stop punishing innocent young people for the actions of their parents -- and pass the DREAM Act so they can pursue higher education or become military service members in the country they know as home. We already know enormous economic benefits from the steady stream of talented and hardworking people coming to America. More than a century and a half ago, U.S. Steel's Andrew Carnegie was a 13-year-old brought here from Scotland by his family in search of a better life. And in 1979, a Russian family seeking freedom from Communism brought a young Sergey Brin to America -- where he would become a co-founder of Google.

Through immigration, we've become an engine of the global economy and a beacon of hope, ingenuity and entrepreneurship. We should make it easier for the best and brightest not only to study here, but also to start businesses and create jobs here. That's how we'll win the future.

Immigration is a complex issue that raises strong feelings. And as we push for long-overdue action, we're going to hear the same sort of ugly rhetoric that has delayed reform for years -- despite long and widespread recognition that our current system fails us all and hurts our economy.

So you and I need to be the ones talking about this issue in the language of hope, not fear -- in terms of how we are made stronger by our differences, and can be made stronger still.

Take a moment now to watch my El Paso speech and join this campaign for change:

http://my.barackobama.com/Immigration-Reform

Thank you,

Barack

Donate
Paid for by Obama for America

Apologies for the length but just trying to keep JOM up to date.

Janet

This is a major political loser for Obama and a huge bipartisan issue. The 2012 candidate who comes out firm against immigration reform is going to defeat Barry - if he/she can win the nomination.

I agree. Stopping out of control illegal immigration, & allowing energy production in our own country - for goodness sake - are winners.

Janet

Verner had a post on FB about the State Dept. trying to send thousands more Somali "refugees" to Tennessee. I wonder who all is coming into the country with different statuses under this administration?

cathyf

Most of the Somali refugees are Christians or animists from the south of the country. Many of them are escaped or ransomed slaves. The Muslim Arabs are the slaveowners.

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