Archive for 2011

CHARLIE MARTIN: Understanding Radiation. “Since we’re not faced with thinking about radioactivity in daily life, the units and methods of measuring radioactivity aren’t part of daily life either, not like weight and temperature are. As a result, many people get confused about them. The worst confusion, in fact, seems to be among people who are reporting about radioactivity and radiation in the media.”

THE INSTAWIFE: “I think Donald Trump Could Go All The Way!” Said last night after seeing him on TV.

JAPAN SUPPLY-CHAIN UPDATE: “Ford Motor Co. said Saturday it will idle an auto plant in Belgium for five days, trying to conserve supplies of Japanese parts that could run low following an earthquake and tsunami.”

TIME FOR REGIME CHANGE IN SYRIA? “The ingredients that brought down Zine el-Abidine Ben Ali in Tunisia were replicated in Egypt and Libya: repression, vast corruption and family rule. All are starkly present in Syria, where the succession Egyptians and Tunisians feared, father to son, took place years ago and the police state has claimed thousands of victims. Every Arab ‘republic’ has been a republic of fear, but only Saddam Hussein’s Iraq surpassed the Assads’ Syria in number of victims. The regime may cling to power for a while by shooting protesting citizens, but its ultimate demise is certain.” That’s no reason not to hurry things along.

JONAH GOLDBERG: “Louis Farrakhan is very mad at Barack Obama for attacking Farrakhan’s patron (Louey’s pockets have been lined with Libyan blood money for years). Obama is a handpicked tool of the Jews, America is evil, blah, blah, blah.”

EVEN WITH ROSY ASSUMPTIONS, public pensions are deep in the red. “A 2010 Pew study on public pensions nationwide put the funding gap at about a half-trillion dollars based on states’ own assumptions. But Novy-Marx and North western University’s Joshua Rauh say it’s $3 trillion using a risk-free discount rate.” I think a 4% rate is realistic. But note how bad things look assuming even a 6% return.

CHANGE: “The Florida House delivered a major blow to public employee unions Friday, approving a bill that would ban automatic dues deduction from a government paycheck and require members to sign off on the use of their dues for political purposes.”

If the unions are delivering value for their members, they shouldn’t need to have the money for dues taken out of their paychecks. Members should be happy to pay. Right?

OBAMA’S MONETARY POLICY: Stick It To The Middle Class? I thought that was Bernanke’s policy. . . .

WISCONSIN: Judge Sumi’s Mess. “We have multiple levels of uncertainty and legal limbo as to the status of the law, and it all reverts back to Judge Sumi’s overreach by interfering in the legislative process rather than allowing the law to take effect and then ruling on whether the law could be implemented by various state entities and individuals.”