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October 13, 2009

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Melinda  Romanoff

daddy-

I don't think you have enough Baum in the house. Your daughter will probably go quietly off to OZ when she learns it doesn't end like the movie.

Classic stuff.

The original book and its art are priceless, if you can find it. (paperback:LUN)

Uncle BigBad

Olympia Snowe is the Sandra Day O'Connor of the Senate.

bgates

Goldwater: We must, and we shall, set the tides running again in the cause of freedom.

Obama: this was the moment when the rise of the oceans began to slow

narciso

That was the one with the box that contained
the known universe, which seems a paradox,
The original Ender was twenty five years ago, not too far, before I discovered ASimov
and Harrison, and the like,

JM Hanes

It's worse than that I think, Uncle. I doubt O'Connor's fellow justices were hanging on her every word, the way pols and press do with Snowe. When people are sucking up to you 24/7, and headlining virtually opinion you express in public, it doesn't take long before you begin to think it's because your views are uncommonly valuable. That will come to a screeching halt whenever the Republicans take back the Senate, and she discovers she's got the loneliest office in town. I'm sure she ignores the deluge of angry missives she surely gets after every defection, but I find myself almost hoping that she'll be there long enough to end up wondering why they never call, they never write.

Melinda  Romanoff

Ender's Game was "94, not '84. I know I'm old and can't remember s$%^ but even after looking it up I thought I was more current. LUN, with author's note.

Scared me there for a sec, narciso.

narciso

Are you sure there, Melinda, in the lUN

Melinda  Romanoff

Nope, not in the least.

Library is boxed up still.

Thanks for the correction, and boy, do I feel dumb again. '77 was the original print? Wow.

I am slow. (comments kept to a minimum,thank you.)

willem

"....how can they tax an employer's expense?"

They already do. Employer-paid hidden matching FICA and Medicare are just the beginning.

Hire somebody and watch the government start charging you because you did.

Congress has declared war on Employees via cryptic attacks on the capacity of an Employers ability to provide a job.

The elephant in the room with this recession is the shedding of employees; to survive Employers are dumping Employees to escape the taxes and governmental costs associated therewith.

That's why you won't see the employment picture improve for some time. It can get worse, and will given the direction this Congress is heading.

Somebody has to make create commerce from money freely-given and freely earned in order to create a tax base from added value and wealth creation. Steve Wynn did yeoman's job publicly schooling Granholm the yuppie prig on that very fact.

No way we can confiscate our way into sustainable economic growth. The federal oligarchy that's taken hold of our Congress and Executive is killing the proverbial golden goose that built this nation.

narciso

Sorry about that, I recall back when Waldenbooks, next thing I'll bring Omni
Magazine, had a science fiction club newsletter, announcing it's publication

Onr thing for sure, after what Verhoeven did to Starship Troopers, I don't trust anyone to adapt it properly.

willem

OMG.

The Brits just got even. Big time.

R-E-V-E-N-G-E @ LUN

Sara (Pal2Pal)

Classic stuff.

The original book and its art are priceless, if you can find it.

When I was between 3 and 4 years old, a friend of my Mother's loaned us a bound set of her grown daughter's OZ collection. Many people are surprised to learn that there are several books in the series.

My Mother told me that when I could read all the OZ books, I'd be a smart little girl. Since my goal at that age was to please my Mother and try to be her "smart little girl," I started with the first book and began to sound out the words the way I'd learned to do with my children's Golden Books. When I thought I had mastered enough pages to satisfy even the most picky Mom, I'd read them out loud and she would correct me or prompt me as I learned the new words.

By the time I started school about 2 years later, I had read the entire set through twice and my Mother looked at me proudly and called me a "very smart little girl." It is one of my earliest and most precious memories.

I loved the OZ books and they are certainly miles better for kids than those stupid Dr Seus books that have given us 2 generations of illiterates.

clarice

Brits? It's a US doll company.

Sara (Pal2Pal)

For the logo collectors:

image

PD

Many people are surprised to learn that there are several books in the series.

Not me. Mrs. Ward, my 5th-grade teacher, read several of them to us.

Jim Ryan

Hey, Camille Paglia, I could tumble for ya', doll.

Charlie (Colorado)

Ender's Game was "94, not '84. I know I'm old and can't remember s$%^ but even after looking it up I thought I was more current. LUN, with author's note.

Ender's Game was a short story (a novelette, really) that was published in Augst 1977, then expanded to book form and published in 1985.

Scott Card is among the first people who told me I could actually write.

cathyf
Only 50% of people pay any federal income tax, for example, so those who don't are unlikely to be hit very hard when their employer-provided health insurance is taxed.
I call "bullshit" on the income tax comment. Health insurance premiums are exempt from all payroll taxes -- which everyone who earns less than $100K/year pays out at a pretty hefty rate, whether they pay "income" tax or not.
Charlie (Colorado)

dammit, I did it again. I'm going to bed.

DrJ

Did Card share with you how properly to use italics?

JM Hanes

Preview is your friend -- and ours too. :-)

mojo

Nah. Tachyons.

I keep havin' this weird dream...

daddy

Insty linked to ">http://hotair.com/archives/2009/10/13/video-lindsey-graham-heckled-at-south-carolina-town-hall/"> this Hot Air Allahpundit offering, wherein Lindsey Graham is heckled at a Town Hall.
Allahpundit concludes saying :

"So why am I on his side? (Lindsay Graham's, not the hecklers) Watch the first clip and see for yourself who it is that’s heckling him and what they think about, oh, say, George Bush. I’ll take Grahamnesty over these tools any day of the week."

My unofficial count is 1 commenter supporting Allahpundit/Graham, the other 100 for the tools.

JM Hanes

This one's for you Ann.

GQ lets the FLOTUS fashion cat out of the bag. Say hello to IKRAM GOLDMAN Michelle's mentor, and, GQ would have us believe, number 46 on the list of the most powerful people in Washington! Photoshop sez there's some unreadable data attached to the photo, so I decided against putting it up on TM's site. The outfit she's wearing makes me wonder if you hasn't been lending Oprah a hand too.

Right around the time of the North Carolina primary, Michelle Obama's appearance underwent a sudden change: Gone were the boxy corporate suits; in their place were colorful, body-hugging dresses and sweaters that women across the country were suddenly clamoring to buy. (The J.Crew cardigan she wore to meet Prime Minister Gordon Brown sold out online by 10 a.m. the same day.) The person behind Michelle's style upgrade is Goldman, owner of the boutique Ikram in Chicago. "She orchestrated the high-low thing. One day Michelle is wearing H&M and the next, Narciso Rodriguez," says Susan Swimmer, author of Michelle Obama: First Lady of Fashion and Style.
If it weren't so late, I'd add the power people jokes just begging to made here.

JM Hanes

That would be if *she* hasn't been lending Oprah a hand. The joke's on me, apparently.

Janet

((Now those who seek absolute power, even though they seek it to do what they regard as good, are simply demanding the right to enforce their own version of heaven on earth.))

Wow Jim Ryan. Thanks for posting the Goldwater speech. Am reminded of this C.S.Lewis quote: "Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."

omnipotent moral busybodies - the "green" experts, the health care experts....and all the while the media cries out that the evil Christians are gonna force their beliefs on everyone.

centralcal

JMH: thanks for the link to Ikram. ICK-ram makes sense. Most of the "style" she has mentored Michelle in has certainly had that certain ICK factor going for it.

Jack is Back!

OT:

While checking out at Publix yesterday, I noticed this cover at LUN on the current issue of Prevention magazine.

Now they are photo-shopping her figure or sticking her head on Beyonce's figure.

narciso

Ah that was vile 'emperor's new clothes' flattery, you know I was feeling sorry for her, but that they advertise thisclueless
ness as a term of art, disabuses me of this. all the cavalcade of fools, driving
us into a ditch, It's notable, that their contempt for people like Sarah is so strong strong, hoisting Levi's own petard, and a dismissive photo shop, that she should
wear that scorn as a badge of honor. I didn't go all the way down the list, because
I didn't want my breakfast to go back up.

In large measure, these are the pictures to go with Goldwater's masterful speech. Snowe's dagger to the heart of the health care system, McDenough's preening before mosques and mullah's, Browner's gut punch
to the economy, it's like Mos Eiseley, 'a
den of villainy'.

narciso

Found this, instead, in the LUN

Extraneus

I call "bullshit" on the income tax comment.

Thanks for the schooling last night, folks. I don't know where I got the impression that employer-provided insurance would be taxed as regular income, but what threw me off was the Baucus outline requirement that

The proposal would require employers to disclose the value of the benefit provided by the employer for each employee’s health insurance coverage on the employee’s annual Form W-2.
Anyway, after finally reading what's in the bill, it's lot more complicated than that, as others have noted. (See starting on page 196.)

Here's something from Medical News Today on the individual mandate and tax provisions.

Sue

I didn't realize how much weight Michelle had gained until I saw http://www.dailymail.co.uk/news/article-1220156/Toymaker-releases-Michelle-Obama-doll--expected-outsell-husband.html>this picture linked above.

Ann should do a comparison for us.

jimmyk

Am reminded of this C.S.Lewis quote: "Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."

I hope Mr. Lewis gave due credit to Adam Smith, who had this all figured out a couple of hundred years earlier: "Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience."

And here's another Adam Smith quote appropriate for our times:

[The legislator] seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chess-board; he does not consider that the pieces upon the chess-board have no other principle of motion besides that which the hand impresses upon them; but that, in the great chess-board of human society, every single pieces has a principle of motion of its own, altogether different from that which the legislator might choose to impress upon it.

clarice

Today's Post reports that that thief Reid has written into the law that Medicare payments in Nevada will not be reduced (though they will everywhere else).

Old Lurker

Great quotes, thanks JimmyK

fdcol63

" ... Medicare payments in Nevada will not be reduced (though they will everywhere else). ..."

I'm no lawyer, but this seems to violate the 14th Amendment / Equal Protection clause, no?

Watch the Redhead.

narciso @ 9:22. Scroll down for the wedding pie fight.
================================

Gabriel Sutherland
Today's Post reports that that thief Reid has written into the law that Medicare payments in Nevada will not be reduced (though they will everywhere else).
It's a trap!

This would certainly fast track the entire bill to the Judicial Branch. Let me be clear, it will fast track the entire bill to the Judicial Branch. does that fix the italics issue?

Old Lurker

Sorry for the long cut and paste below, but it is an editorial from the WSJ today that bears reading, and I know unless you subscribe, these are hard to read on their site, and LUNs don't always work there.

Talk about Moral Hazards:


WSJ 10/14 "The $1.7 trillion mortgage securitization market is still a mess, despite (or in part because of) the Federal Reserve's $700 billion splurge into the market. But another reason may be Treasury's decision to undermine private mortgage-backed securities (MBS) contracts.

BlackRock Inc. Chairman Laurence Fink went so far recently as to call this "one of the biggest issues facing American capitalism." He's worried that to protect banks from billions of dollars more in writedowns on bad second liens (a.k.a., home-equity loans), Treasury is trashing private contracts. "There is modification going on protecting our banks, protecting their balance sheets" and "I'm just very worried about it." Until that issue is cleared up, he says, we won't "get a vibrant securitization market back."

One reason the MBS market blossomed in the first place is because investors who bought a mortgage security believed that first mortgages were senior to second liens. In the event of a foreclosure, second liens would be extinguished first and holders of the first mortgage would get what was left because that's what the contract said.

This changed in April when Treasury announced that instead of foreclosing on delinquent borrowers and wiping out second liens, mortgage servicers (mainly the biggest banks) would be given incentives to modify both loans, thereby spreading the losses. In mid-August, Treasury announced the details of its "Second Lien Modification Program," or 2MP, calling it "a comprehensive solution to help borrowers achieve greater affordability by lowering payments on both first lien and second lien mortgage loans."

Treasury says it is merely trying to help borrowers stay in their homes. But there's little evidence that modifications are stabilizing the market. Treasury's recent release of second-quarter mortgage loan data showed that redefault rates are stubbornly high, even though most new modifications now provide for lower monthly payments of interest and principal.

Nearly 30% of loans modified in the first quarter of this year are now 60 or more days delinquent, up from less than 23% in the first quarter of 2008 and about the same percentage as in the second quarter of 2008. "The percentage of loans that were 60 or more days delinquent or in the process of foreclosure was high and rose steadily in the months subsequent to modification for all quarterly vintages," the report said.

Treasury's other political goal, as Mr. Fink points out, is to help the banks avoid more losses. U.S. financial institutions hold almost $1.1 trillion in second liens, also known as home equity loans or "helocs." Some 42% of all helocs are held by four banks—Bank of America, J.P. Morgan Chase, Citibank and Wells Fargo. Since in a traditional mortgage foreclosure the second loan is usually wiped out, these big four banks have an exposure in the hundreds of billions of dollars.

Mortgage-finance consultant Edward Pinto points out that these same lenders have about $800 billion of first mortgage loans on their books, representing 8% of the total outstanding first mortgage loans in the U.S. But they also act as the servicers on almost 60% of total first mortgages, which means they handle negotiations on loan modifications. Thus when a home owner asks one of the big four banks to redo a loan, the banker may have a greater interest in saving the home-equity loan than in protecting the creditors of the first mortgage.

A vibrant MBS market depends on the sanctity of U.S. contracts. If the world's investors see that the Treasury is willing to reward banks at their expense, there will be fewer such investors in U.S. securities. There will also be less capital for housing. Treasury needs to revisit its foreclosure rules to protect the U.S. reputation of honoring contracts, and the faster the better."

fdcol63

Hmmm .... I'm shocked, SHOCKED!, I tell you .. that Marxist/Socialists like Obama and his fellow travelers in his administration would EVER ... EVER ... implement policies that would jeopardize capitalism, free trade, or American security.

Gabriel Sutherland

Henry Paulson in Sep-Oct 2008: "Geithner is going to make a fine Treasury Secretary one day."

Shoot me.

JM Hanes

A lot of folks are going to end up wishing they'd joined in the stillborn creditors' suit when the Chrysler deal went down.

jimmyk

This would certainly fast track the entire bill to the Judicial Branch.

Since when is the Constitution any constraint on a Democratic congress and president? Can anyone point out what in the Constitution gives the federal government the authority to take over the health care/health insurance industries? Health insurance isn't even interstate commerce.

Gabriel Sutherland

Putting the Health Care Reform into the courts is a political out. "We passed it, but the courts have to review it."

It buys the incumbents time.

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