Archive for 2013

EGYPT: In Port Said, new opposition to Egypt’s Morsi. “Many of the men and women who chanted for Morsi’s execution in the tense and battle-scarred streets of Port Said on Monday said that in last summer’s presidential election, they actually voted for the man. That the city turned so vehemently against him with a single court verdict underscores Morsi’s increasing vulnerability, and suggests that others could just as easily shift their favor — potentially altering the nature of Egypt’s political divide and bringing new threats to the country’s already tenuous stability and rapidly sinking economy. . . . The stakes are high. Egyptian Army Chief Abdel Fatah al-Sissi warned Tuesday of the ‘collapse of the state’ if the crisis continues.”

LOVE HAS NO PRIDE: “The thought that love has no pride is an old one. Indeed, it has become something of a cliché. Yet it has achieved the status of cliché by virtue of the truth in it. CBS’s venerable 60 Minutes show brought us an example of the cliché in action over the weekend. 60 Minutes correspondent Steve Kroft is smitten with Barack Obama and Hillary Clinton. He put his professional skills aside to do public relations for Obama and Clinton in their joint interview with him for the show. A serious journalist might have tried to learn something on the issues of the day from them. Not Kroft. Lest there be any misunderstanding, Kroft thrust his tongue down their throats as fast as he could and kept it there for the duration.”

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Obama administration closing Gitmo-closing office. “Four years ago, Barack Obama’s first act as President was an executive order to close the detention facility at Guantanamo Bay, Cuba. The White House created a position at State of ‘special envoy’ to Guantanamo, whose duties included reviewing the pending cases with Attorney General Eric Holder, and diplomacy with allies to place the current detainees in order to close the facility. Four years later, the only thing being closed is Special Envoy Daniel Freed’s office.”

IN MINNESOTA, IT’S ALL ABOUT THE ROBOTICS COMPETITIONS.

An explosion in the popularity of high school robotics teams has suddenly made it chic to be geek.

Robotics team members are getting varsity letters and patches, being paraded before school assemblies like other sports stars and seeing trophies in the same lobby display cases as their football, basketball or baseball counterparts. . . .

A telling statistic: For the first time ever, there are more varsity robotics teams than there are boys’ varsity hockey teams in the state. There are 156 high school boys’ hockey teams and 180 robotics teams, up from 153 last year, according to the Minnesota State High School League.

I see this as mostly positive.

HIGHER EDUCATION BUBBLE UPDATE: Investor’s Business Daily: Subsidies Create Glut of College Grads. “While colleges will churn about roughly 19 million college graduates between 2010 and 2020, the market will likely create fewer than 7 million new jobs that require at least a bachelor’s degree. Weirdly, at the same time, the country faces a shortage of skilled labor — plumbers, electricians, carpenters and the like. . . . If this all looks strange and mysterious, it is. Until, that is, you realize a big reason for all these distortions is the massive federal effort to encourage and subsidize college education.”

I told you so.

UNINTENDED CONSEQUENCES: Ethanol Mandates Are Making Super Bowl Chicken Wing Buckets Go Bye-Bye. “According to Gallup, nearly 76% of Americans say higher food prices are hurting their family’s finances, and this year’s Super Bowl festivities will be the latest manifestation of that fact. Prices are only estimated to get even higher. Converting 40% of our animal feed to gasoline because of the renewable fuel standard is not helping consumers or their pocketbooks, as misguided energy policies continue to ‘peck’ away at our recovery.”

AND YET ONE OF THEIR CAMPAIGN THEMES WAS THAT THEY’D BRING BACK THE CLINTON PROSPERITY: Purging the Ghost of Bill Clinton’s Economics From the Holy Spirit of Barack Obama. “One of the more interesting and regrettable ideological developments over the past eight or so years has been the Democratic Party’s repudiation of Bill Clinton’s economic policies (a repudiation, fortunately for Clinton, that does not require rejecting the Big Dog himself, nor renouncing credit for his economic successes). . . . But here’s the problem: Every time the Congressional Budget Office conducts a ‘long-term budget outlook,’ the result is always horror.”

VICTOR DAVIS HANSON: California’s Twilight. “The result of 30 years of illegal immigration, the reigning culture of the coastal childless households, the exodus of the overtaxed, and the rule of public employees is not just Democratic, but hyper-liberal supermajorities in the legislature. In the most naturally wealthy state in the union with a rich endowment from prior generations, California is serially broke — the master now of its own fate. It has the highest menu of income, sales, and gas taxes in the nation, and about the worst infrastructure, business climate, and public education. Is the latter fact despite or because of the former?”

CAN YOU SAY RECKLESS DISREGARD? So they just went ahead and published addresses that they knew could be wrong?

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Payroll Tax Hikes Bite Amid Record-Long Wage Slump. “Higher payroll tax rates this year will make a record wage slump feel even worse, as Americans struggle with stagnant pay in addition to a weak job market. Yearly wage growth for production workers and nonsupervisors has been below 2% for 17 straight months, less than the rate of inflation.”

And note the accompanying graphic:

OBAMA, OUT OF THE CLOSET: “It has been amusing, in a black-humor sort of way, to see various media figures finally admit that Barack Obama is a far-left, out of the mainstream political figure. Just kidding; they don’t actually admit that. But at least they are now willing to acknowledge–most of them, anyway–that he is a liberal. ‘I told you so’ is, as usual, cold comfort.”

Nonsense. “I told you so” is the chief source of pleasure in the blogosphere.