Wednesday, November 10, 2010

Umnnhhh....Jim: "Cutting Costs" Means "Cutting Costs"

I can't think of two issues on which I disagree with Jim Sensenbrenner, so this is either the first or the second.

...Reigniting our economy will require more than reducing spending. While spending reductions are critical, the new Republican majority must also ensure that authorized funds are spent effectively and that new regulations are not overly burdensome.

In the Select Committee’s minority, we opposed this spending here and abroad. Now that Republicans have retaken the House, the Select Committee is more qualified than any other Congressional institution to ensure the administration doesn’t bend to unrealistic international demands — and that the EPA doesn’t attempt to do what Congress wouldn’t.

The complexity of EPA regulations and international climate negotiations warrants a committee dedicated to ensuring that our environmental policies have the balance that the EPA has proven unable to find. Beyond climate change regulations, the reauthorized Select Committee would perform oversight of Boiler MACT, fracking, coal ash regulations and countless other EPA efforts.

Far from being a cost, I believe that by ensuring that environmental concerns are appropriately balanced against economic considerations, the Select Committee will save the country billions of dollars and countless jobs. With the threat of one-sided EPA regulations quelled, we could work with Democrats in Congress and with the White House to further technological developments in the energy sector and broaden our energy portfolio without risking economic ruin.

Well.

What the Congressman argues (albeit with great conviction and no small amount of evidence) is that "We should spend money to save money."

And what the Congressman does NOT mention is this: the membership of the Select Committee did not disappear from the face of the Earth in the election. They're still around--by and large. Their knowledge did not go into the memory hole.

Find a way to accomplish the objective with LESS SPENDING, Jim.

USMC Birthday!

That's "Chesty" Puller, General/USMC.

Kinda encapsulizes the attitude, no?

HT: AOSHQ

Is "Free Money" Free? "Neat-O" v. "Need"

Jim Stingl kinda likes the choochoo. (See below for sensible update)

The high-speed rail plan was chugging along, and then Governor-elect Scott Walker said not so fast, locomotive breath.

He wants it dead, even if it means handing back the $810 million in federal stimulus money and letting other states use the grant to improve their own rail transportation system

...I say take the money, take the train, take the jobs.

Well, Jim's a nice guy and all, but...

There is no such thing as a free lunch, Jim. First off, somebody (see: Taxpayer, U.S.) is paying for it, and that includes 3++ million Wisconsin residents.

Second: every Federal program carries hooks and traps which require State spending AND require State conformance to Federal dictates. The choochoo, for example, will require that the State spend a bunch of money to subsidize rides. And some local gummints (see, e.g., Brookfield, Watertown, Madison) will be required to put up millions to construct stations (to Federal specs) and to maintain those stations (to Federal specs.)

Third: the Feds often change their specs and demand that the States pick up the cost of the changes. Maybe 100% of the costs, maybe 20% of the costs. But it's a cost.

Fourth: the Feds may change their "minds" at any time about their contribution. "So sorry. We're cutting back. YOU pick up the difference."

Ugh.

Forget, for the moment, the alleged merits (or de-merits) of the train. Think, instead, of "what do we really NEED" from the Government(s). Not "what would be really neat-o" nor "what would be nice." What do we need?

The choochoo, like a number of other neat-o projects, can be reviewed in 2, 5, or 20 years.

The national debt, on the other hand, cannot be reviewed. It ain't an option to make the payments.

Ask anyone with a mortgage.

UPDATE:

More from the NEWisconsin pundit:

...What is taxpayer-responsible about wasting money? What is taxpayer-responsible about empty trains running from downtown Madison to downtown Milwaukee to the other, sucking up millions of your taxpayer dollars each year, whether or not you actually ride the train? What is taxpayer-responsible about taxpayer dollars being used to fund theoretical jobs that, even if they are created, will go away after construction?

Happy to note that "responsibility" occurs to more than one pundit!

The Least Surprising Story of The Business Year

The American Society for Quality Control (ASQC) is a highly-respected organization (based in Milwaukee!!!) which doesn't deal in rumors. They study stuff.

So this story is significant. In general terms, an ASQC study shows that outsourcing manufacturing to Mexico or PRChina is not "the" solution.

That's clear from a new business survey from Milwaukee-based American Society for Quality, which polled more than 300 companies to find what they liked and didn't like about outsourcing.

The survey, done in October, found that 55% of the companies were "substantially dissatisfied" with their outsource provider in the areas of innovation and making process improvements. Only 34% said outsourcing provided a good value.

Fewer than half of the companies, 41%, said outsourcing met their performance metrics.

...Communication problems, poor customer service, slow delivery times, and quality control are just some of the pitfalls.

When you send back 1/3 of the product for re-work, especially in a JIT environment, you're in trouble.

Tuesday, November 09, 2010

Exodus

Passed on by a friend:

ILLEGAL IMMIGRANTS OUT OF CONTROL

by Clive Runnels

The Manitoba Herald, Canada

The flood of American liberals sneaking across the border into Canada has intensified in the past week, sparking calls for increased patrols to stop the illegal immigration. The recent actions of the Tea Party are prompting an exodus among left-leaning U.S. citizens who fear they'll soon be required to hunt, pray, and agree with Bill O'Reilly and Glenn Beck. Canadian border farmers say it's not uncommon to see dozens of sociology professors, animal-rights activists and Unitarians crossing their fields at night.

"I went out to milk the cows the other day, and there was a Hollywood producer huddled in the barn," said Manitoba farmer Red Greenfield, whose acreage borders North Dakota . The producer was cold, exhausted and hungry. He asked me if I could spare a latte and some free-range chicken. When I said I didn't have any, he left before I even got a chance to show him my screenplay, eh?"

In an effort to stop the illegal aliens, Greenfield erected higher fences, but the liberals scaled them. He then installed loudspeakers that blared Rush Limbaugh across the fields. "Not real effective," he said. "The liberals still got through and Rush annoyed the cows so much that they wouldn't give any milk."

Officials are particularly concerned about smugglers who meet liberals near the Canadian border, pack them into Volvo station wagons and drive them across the border where they are simply left to fend for themselves." A lot of these people are not prepared for our rugged conditions," an Ontario border patrolman said. "I found one carload without a single bottle of imported drinking water. They did have a nice little Napa Valley Cabernet, though."

When liberals are caught, they're sent back across the border, often wailing loudly that they fear retribution from conservatives. Rumors have been circulating about plans being made to build re-education camps where liberals will be forced to drink domestic beer and watch NASCAR races.

In recent days, liberals have turned to ingenious ways of crossing the border. Some have been disguised as senior citizens taking a bus trip to buy cheap Canadian prescription drugs. After catching half a dozen young vegans in powdered wig disguises, Canadian immigration authorities began stopping buses and quizzing the supposed senior citizens about Perry Como and Rosemary Clooney to prove that they were alive in the '50's. "If they can't identify the accordion player on The Lawrence Welk Show, we become very suspicious about their age." an official said.

Canadian citizens have complained that the illegal immigrants are creating an organic-broccoli shortage and are renting all the Michael Moore movies. "I really feel sorry for American liberals, but the Canadian economy just can't support them." an Ottawa resident said. "How many art-history majors does one country need?"

Call SPLC: Violent Revolution Advocated!

Yup. Some guy finally had enough of the Obama administration and went ballistic.

Arms, ammo, blood in the streets ballistic.

We are here because the U.S. is going to end soon. There’s going to be an intense, violent, probably haphazard struggle for control. It’s going to come down to us versus them. The question is: What are you going to do about it?…

...A war is coming. At stake: our lives, the planet, freedom, living.

Call the Southern Poverty Law Center!! Get Olberman on the line!!! NBC/CBS/CNN!

Oh, wait. It's Ted Rall, the hero of the Left.

Monday, November 08, 2010

The Comedy of "Foreclosures"

Ticker has a deposition from some guy who claims to be a Vice-President of ....ohhhh...a dozen banks (or so.)

All legal, you know.

"No Job? No Problem!! We'll Starve You, Too!!"

Bernanke has gone mad. Barking-at-the-moon, driving-against-traffic mad. And you will pay dearly for fuel and food (if you can pay for it at all) because of his distemprous action.

The problem with fiat currencies is that their value is determined by what the market thinks they're worth. Let me pretend that I'm a nation. My currency is called the 'widget'. The market will value my widgets as a function of the overall health and strength of my economy. If I decide, arbitrarily, to print double the number of widgets, without any growth in the underlying value of my national economy, the markets will take note. Traders in another country will say something like: "Hmm. You had a million widgets in circulation, and we valued each of them at one of our currency, the whatsit. You now have two million in circulation - without any added value to justify them. We, on the other hand, still have only a million whatsits in circulation. That means that the value of your widgets has declined relative to our whatsits. Each widget is now worth only half a whatsit." I may protest, and claim that the value of my currency is unchanged, but the markets won't buy it - literally. If I try to buy something from another country, using my widgets, they'll now demand twice as many widgets as before to buy their product.

Yup.

So:

The implied tax that has been imposed on the economy thus far since QE1 was put in place is a stunning $250 billion annually due to oil's price increase alone, or nearly four times the so-called "Bush Tax Cuts" for the rich. QE2 will add another $1/gallon (roughly) to gasoline which is another $140 billion, for a total of almost $400 billion each and every year.

And there's proof: corn, oats, soybeans (and petroleum) are up about 10% annualized since QE1. Think QE2 will make that go away?

We're back to Rush's proposition that the aim of the Obama Regime is to destroy the US.

Plundering Taxpayers: WI Legislator Version

Oh, yah, there's plenty for Governor Walker to do.

...the bill increased legislator's pensions in two different ways. It made each year worth more, and it increased the maximum amount they could collect.

The overall cost of this plan, as estimated by WPRI was $14 billion.

That happened in 1999.

You'll be happy to know that Walker voted against it, as did:

Glenn Grothman. Mark Gundrum. Steve Nass. Joe Leibham. Neal Kedzie. Frank Lasee. In the Senate, Scott Fitzgerald. Bob Welch. Mike Ellis.

Altogether, only 20 "no" votes.

So. Who voted FOR this rape/plunder, and is posing as a "Conservative" now?

Read PP to find out.

And if you live in Waukesha County, be SURE to ask your County Executive how many pensions he will need to live on.......eh?

Coming: The (D) Party Shuts Down the Gummint

Jacobson has it right.

But will anybody miss the Gummint, aside from the MSM, the courtesans, the hangers-on, K-Street, and other useless detritus?

Umnnhhh....We Can Figure it Out

Some Lefty windbag got fired because he made donations to fellow Lefties.

Then he got re-hired.

Apparently he's on TV.

Just as is the case with Juan Williams, nobody in the real world gives a rip. It's perfectly clear to normal people that Lefties will speak Lefty, Righties will speak Righty.

And, by the way, normal folks can tell the difference. That was proved on 11/2.

David Gregory a Propagandist? What's New?

Christie jams David Gregory and David Gregory doesn't like it.

One would expect that David Gregory understands plain English (or "'merkin", if you're a Carter-ite.)

But maybe J-school standards have slipped, eh?

HT: Gateway

Switchgrass & Pixie Dust Mandates

While Governor Walker .......ahhhh........walks back Doylet's inane electricity plan, the Green Weenie Machine is advancing from Obama's EPA.

"You could, for instance, as many states have done throughout the country, have a renewable-energy standard that said a certain amount of your power will be generated using renewable sources, which obviously would cut down, by definition, on greenhouse gases," said press secretary Robert Gibbs. --WashTimes quoted at AmSpecBlog

In other words, EPA will regulate.

You will pay and obey.

Social Security Scare? Don't Bother

All those old folks know the score, so the old reliable (D) lies don't work no more.

Voters over 65 favored Republicans last week by a 21-point margin after flirting with Democrats in the 2006 midterm elections and favoring John McCain by a relatively narrow 8-point margin in 2008.

21 points means about 61-39 (R).

HT: Ace

Shaping the Spin on Switchgrass

Governor Walker's administration will take a hard look at forcing utilities to use switchgrass, pixie dust, and unicorns to make electricity.

Good. High-cost/low-productivity electric generation is not good for electricity users--like you, me, and your Wisconsin employer.

So what's the spin from the LeftOWackies?

"...why wouldn't Walker cave in to "big utilities"...

Utilities aren't the question. They are guaranteed a return no matter how expensive their fuel-source is, and no matter how expensive their pollution-controls are. Frankly, my dear, they don't give a damn.

It's the people who BUY electricity who give a damn.

You and me.

Child Welfare Costs, Milwaukee/Dane Counties

Heh.

Folks in Dane County are getting a little nervous. As soon as the population there exceeds 500,000, they will get poorer.

A LOT poorer.

Dane County is on the verge of reaching 500,000 population in Census numbers expected to be released early next year, and that would make it subject to about 160 state laws that were written to apply to Milwaukee County...

One of the laws would put Dane County’s child welfare system under state control and require the county to pay the state nearly $59 million.

What makes that interesting? The fact that Dane County only pays $20 million for child-welfare services now.

Does this mean that Milwaukee County has 300% of the child-welfare caseload of Dane County?

Or does it mean that Milwaukee County is .......ahhh.........overpaying?

Sunday, November 07, 2010

'Tis the Season? Already??

Driving out to Madistan this morning, I passed a flatbed full of cut/wrapped Christmas trees.

Man alive.

Gummint Railroads

Well, well. History helps...if you read it.

The Crédit Mobilier charged the railroad tens of millions of dollars more than the actual cost of construction, all of which went right into the pockets of the men who were supposedly running the Union Pacific. By the time they were done, they’d cleared at least $23 million (and perhaps considerably more), and the UP was on the verge of bankruptcy. Everyone who had invested in the railroad but not the construction company found themselves with nearly worthless securities on their hands. --Rosenberg quoting Surowiecki/New Yorker

But hey! It was 'shovel-ready.'

Side-note: Abe Lincoln also made a fortune with somewhat.....ahhhh.......smelly railroad deals.

The Ever More Irrelevant Bill Kraus

Heard a promo this morning; seems that WPR will interview Bill Kraus, who was Lee Dreyfus' spokescritter back in the day.

Waaaaayyyyyyyy back in the day.

Anyhoo, if you believe the promo, Kraus is unhappy with political talk of "Forebears" and much prefers "ideas."

I guess that means that our forebears didn't have ideas, eh? At your age, Bill, that's not a very smart thing to propose.

P-Mac also has relevant notes. Among them: that Priebus 'gets it,' (unlike Kraus).

...weak showings in other states, say tea party critics, especially on the left, just goes to prove that the movement for lower taxes and restrained government is a loser. They suggest Republicans jettison it.

This is nonsense. The constant in Senate races that Republicans lost was weak candidacies. Tea partiers were the variable. For their upside, see Wisconsin.

...The teafolk brought conviction, by the pickup-truck load. Wisconsin Republican boss Reince Priebus said as much at Governor-elect Scott Walker's victory party Tuesday: "I appreciate the fact the tea partiers kicked the butt of the Republican Party." The movement, he said, reminded the party of its principles.

Yah. "Principles." You know, stuff that came from forebears.

Saturday, November 06, 2010

The Horizontalizing of Mass

Here's a quote of interest, from a Milwaukee parish bulletin. We think that it is inadequate due to the pervasive horizontality of its language; while citing US Bishops' language, it totally ignores that of Pope St. Pius X.

"The Entrance song (or gathering song) is much more than merely an accompaniment to the procession of ministers. It is our first communal statement of that unity and an opportunity for the congregation to make a bold profession about our commitment to each other and our church. It is also a time to open our arms to visitors and those who are not fully members of our faith community. ....We welcome visitors to our church just as we would visitors to our homes. The entrance song also helps us focus on the particular feast or liturgical season and as such, the character of the song...often changes to appropriately...reflect the season."

Compare Mgr Peter Elliott from Ceremonies of the Roman Rite (1994):

"The procession assembles: (thurifer), cross-bearer, candle bearer, lector...all proceed to the sanctuary at an unhurried pace, while the entrance hymn is sung.

Notice that Elliott presumes that the entrance hymn accompanies the procession. He does not assign "values."

Compare Jungmann, The Mass of the Roman Rite (1950):

Regarding the Gallican Rite (~400AD through ~800 AD):

"The Mass begins with a fourfold song sequence. First there is a psalmody, which, like the Roman Introit, accompanies the entrance of the clergy.

Jungmann does not assign "values" either; but in context, it is clear that the procession is significant and that the texts reflect the joy and solemnity of the occasion: the Mass.

However, the entrance rites were an accretion in Rome and in the East.

"In olden times the fore-Mass began abruptly with the lessons or readings. This was certainly the case in the Orient, and must also have been true in the West until far into the 5th Century.

But in the Eastern Rite,

"After the bishop had entered the Church....a priest, a deacon, and another cleric, each in turn, intoned a psalm, to each verse of which the people responded with a refrain....This forms the heart of the so-called 'enarxis', or opening. Here we find...three antiphonal songs composed mostly from the psalms. [After this] the Little Entrance follows. The clergy ....form a procession, [carrying the Gospel-book]. The Introit of the Roman Mass corresponds to this first entrance,...For this Little Entrance is accompanied by a special chant (eisodixon = introitus), which is usually followed by some other hymns (troparia) and finally by the trisagion...

[Later, after the reforms of the 16th Century] "...the natural consequence of all this evolution was a change in the role of the introit; the introit would have to be sung, but not as an accompaniment to the few steps....the introit became an introductory chant..."

Finally, still from Jungmann:

"But when we view the structures, [and understand that the area in which the ministers prepared for Mass was] at that time situated mostly near the entrance of the basilica, and when we take into account the number of clergy [in Papal Mass], it becomes quite clear that the procession of the clergy...was an act of great importance and significance.

And this was not always the province of the laity:

"...Even in the Roman liturgy of later antiquity this entrance chant, the introitus...was already arranged as an art-chant performed by a special group of singers....[and] varied according to the festivity. The texts for these songs were taken essentially from the psalter.

Evidently hymnody was not favored by Rome:

"The new hymnody, composed on the principle of meter and strophe, which was introduced about the time of St. Ambrose, was not admitted to the Roman Mass for over five hundred years. At Rome a strict rule was observed in the face of the wild and crafty song-propaganda of Manichean and Gnostic groups: We use only the songs dictated by the Spirit of God Himself."

That 'songs....Spirit of God...' means the Psalms. We need not comment on the song-propaganda foisted on Catholics today; it is gratingly apparent in many cases.

So far, we have found nothing which corresponds to the "merely an accompaniment" description offered in the parish's manifesto. Jungmann and Elliot both assert or imply, to the contrary, that the procession of the priest (or Bishop, or Pope) is of great significance and was accompanied by Psalmody where, if the congregation participated at all, it was with responsorials. Jungmann also notes that later, the entrance song was generally sung by trained singers. "Hymnody" was clearly disfavored--in fact, it was proscribed.

The US Bishops in the General Instruction (2002) acknowledged that the entrance song was not, however, strictly an accompaniment to the procession.

47. After the people have gathered, the Entrance chant begins as the priest enters with the deacon and ministers. The purpose of this chant is to open the celebration, foster the unity of those who have been gathered, introduce their thoughts to the mystery of the liturgical season or festivity, and accompany the procession of the priest and ministers.

48. The singing at this time is done either alternately by the choir and the people or in a similar way by the cantor and the people, or entirely by the people, or by the choir alone. In the dioceses of the United States of America there are four options for the Entrance Chant: (1) the antiphon from the Roman Missal or the Psalm from the Roman Gradual as set to music there or in another musical setting; (2) the seasonal antiphon and Psalm of the Simple Gradual; (3) a song from another collection of psalms and antiphons, approved by the Conference of Bishops or the Diocesan Bishop, including psalms arranged in responsorial or metrical forms; (4) a suitable liturgical song similarly approved by the Conference of Bishops or the Diocesan Bishop.


But the Bishops said something else of importance: the LAST option--the LEAST favored-- for an entrance song is 'a suitable liturgical song' (hymn). The first option is the Introit Psalm, whether in Latin or English.

In Sing to the Lord, the US Bishops used the same language:

142. After the entire liturgical assembly has been gathered, an Entrance chant or song is
sung as the procession with the priest, deacon, and ministers enters the church. “The purpose of
this chant is to open the celebration, foster the unity of those who have been gathered, introduce
their thoughts to the mystery of the liturgical season or festivity, and accompany the procession
of the priest and ministers.”

And they again expressed a preference in "what" should be sung:

144. The text and music for the Entrance song may be drawn from a number of sources.

a. The singing of an antiphon and psalm during the entrance procession has been a longstanding tradition in the Roman Liturgy. Antiphons and psalms may be drawn from the official liturgical books—the Graduale Romanum, or the Graduale Simplex—or from other collections of antiphons and psalms.

b. Other hymns and songs may also be sung at the Entrance, providing that they are in
keeping with the purpose of the Entrance chant or song.

In brief, it is intellectually honest to assert that the Entrance Song is both an accompaniment to a very important procession and a means of fostering community. It is also honest to state that such music is not necessarily sung by the congregation (as implied by the parish's manifesto).

But the Entrance Song is more than accompaniment and unification: it is an occasion to begin conforming oneself to Christ in sacrifice offered to the Father. Thus it is also intellectually honest to stipulate that this song should have, in text and music, a gravamen appropriate to the occasion. That is why the Church points to Gregorian Chant as a model, and why she eventually favored trained choirs for this work.

The words of St. Pius X were certainly not in the minds of the US Bishops, nor of the parish's scribe. It was Pius' contention that sacred music should 1) glorify God and 2) raise the minds and hearts of the Faithful to God.

Quite a change, eh?

Wrong Move, LEO

Talk about dumb moves....

Sergeant William Palmer, the Minneapolis Police Department Spokesman, is under investigation for assaulting Joel Rosenberg, a local self-defense activist, in the waiting room of the office of Timothy Dolan, Minneapolis Police Chief. this afternoon, at approximately 130PM.

Apparently Rosenberg was there (by appointment) to discuss some data-practices related issue.

So Rosenberg takes off his sportcoat and Officer Palmer notices a gun.

...Palmer leaped at him, laid hands on him without lawful authority or Rosenberg's consent, and removed one of Rosenberg's pistols, "sweeping", or momentarily pointing it, at Rosenberg as he moved to unload it.

Yah, well. Seems that Rosenberg literally wrote the book on Minnesota's concealed-carry law, which does NOT outlaw CC in the cop shop.

Oh, well. Sgt. Palmer will be reviewing practices other than data over the next several months.

(And Palmer did NOT see a snubbie, nor 2 of the 3 knives Rosenberg was legally carrying.)

Those Footnotes Are Required Reading, Folks.

Ticker reads the footnotes.

It's not pleasant.

Bank of America's 10-Q:

The Corporation and affiliates, legacy Countrywide entities and affiliates, and legacy Merrill Lynch entities and affiliates have been named as defendants in a number of cases relating to various roles they played in MBS offerings.

To the tune of around $375 BILLION...

"....material misrepresentations....omissions....underwriting standards....Securities Act of 1933.....State securities acts....seek rescission..."

Nothing to see here. Move along.

Beauty in Red and Blue

HT: Gateway

Who D'Ya Know Wants to Buy a House?

Congratulations!! You're one of the country's largest landlords!!

This graph shows the REO inventory for Fannie, Freddie and FHA through Q3 2010.

The REO inventory for the "Fs" has increased sharply over the last year, from 153,007 at the end of Q3 2009 to a record 293,171 at the end of Q3 2010.

There are new records for Fannie, Freddie, and FHA REO inventory individually too.

If Fan/Fred/FHA would stuff those houses back to the loan-originator banks and brokers, there would be a helluvalotta bank failures next week.

Citi, anyone??

HT: CalcRisk

Modified Limited Evasion of Responsibility: McConnell

Tapscott plays off a Strassel essay in which she describes McConnell's agenda.

...Let's just say he isn't apologizing for recently suggesting that his priority is to deny President Obama a second term. This week's message was that the American people want a repeal of health-care reform and an end to overspending and job-killing initiatives. If Republicans intend to make good on these public demands, says Mr. McConnell, the end goal has to be putting someone in the White House who won't veto that progress.

...He and House Speaker-elect John Boehner seem acutely aware of the perils of over-promising, and came out of the gate this week intent on managing expectations. One challenge will be reminding an impatient public that ultimate power still rests in the White House, not Congress.

So says Strassel.

Tapscott has some thoughts about that.

Uh, no, Congress has the ultimate power in the federal government, the president only thinks he does. As Willmoore Kendall said, the Founders wisely gave Congress all of the ultimate weapons and thus empowered it to win any showdown with either the president or the federal courts.

After all, as Tapscott reminds us (and McConnell, Boehner, and Strassel), Congress has the power of the purse, the power to limit Fed-judge jurisdiction, and has the best dog-and-pony vehicle: hearings, among other weapons.

But what Tapscott does NOT say (he's polite) is just as important.

Congress has made evading responsibility into art which Michaelangelo would admire. Congress writes legislation which only boils the pasta. They then hand the pasta to Executive Branch regulators and agencies who create and apply the sauce, the meats, and the spices.

The regulators and agencies (EPA, HHS, FCC, DOE, DOT, HUD, Interior, et al.) then serve the dish to the public. You don't like it? Good luck: Congress prefers to abscond, thankyouverymuch, and let you fight it out with agencies. "Responsible for this? No, no, no. That's the FCC. That's the EPA. That's DOE. And if it's not, we'll create a NEW agency!!"

Bart Simpson times 535.

The most awful example is (arguably) ObamaCare, which requires--what??--19,000 regulations before 2014, all written by HHS. (If it's not 19,000, who cares? It could be 12,000 or 50,000; you get the point.)

We think that Senator McConnell and Speaker Boehner should re-assert the primacy of Congress, just as the Founders intended.

But you understand, no, why they'd prefer to point to the White House?

It's called Modified Limited Evasion of Responsibility. It's the sine qua non for the Leviathan, for political sideshows, and for Retention of Prestigious Seats.

And it should stop now.

Friday, November 05, 2010

Higher Taxes By Another Name

Same old crap from the LeftyPSC.

Wisconsin’s energy efficiency programs would receive increased funding from electricity ratepayers in the next four years under a proposal adopted Thursday by the state Public Service Commission.

The state's Focus on Energy program has been reallocating its budget to meet the heavy demand for energy-efficiency services from the business community, according to the PSC.

Oh, really? Businesses are demanding paid-for energy-efficiency services?

Under the proposal, funding for energy-efficiency programs would expand to $120 million in 2011 from $100 million this year, with the goal of expanding incentives aimed at reducing energy bills.

Funding would then increase to $160 million in 2012, $204 million in 2013, and $256 million in 2014, under the PSC proposal.

How very special.

Tellyawhat. Decrease business taxes and tell "business" to buy their own energy-efficiency services.

Krakatoa Redux?

Well, who knows?

One thing for sure: if there is a Krakatoa II, AlGore is out of business.

Locke and Leo

Coulda been a gun-pun title. But it's not, really.

Here, Joe Hargrave mentions a few similarities between John Locke's and Leo XIII's writings on political economies.

Of particular note:

Locke, along with other social contract theorists, is often criticized for his account of the "state of nature," his term for the time before the formation of political societies. The criticism often lies in a misinterpretation of this state of nature as both individualistic and anarchistic, which is rightly said to have never actually existed.

The real importance of positing a state of nature is to set the stage for natural rights: If man exists before the state exists, then the state is the rational creation of man. It exists to provide him with something, rather than man existing to provide something for the state. Thus, both Locke and Leo hold that not only individual men, but their families and even households, exist prior to any political community (ST, 2; RN, 12-13)
.

Which is to say that Statists have it exactly backwards. (Doh.)

Thus, Locke's take on property rights:

In the Christian natural law tradition, and especially in the work of Aquinas, private property is justified mostly on the pragmatic social grounds set forth by Aristotle in his Politics, though a derivation from individual necessity is also present (Summa Theologica, Part II-II, q.66, Art. 7, Obj. 2). Locke does not bring Aristotle into his account of private property at all; nor does he rely on his predecessor Hobbes, who finds no right to property at all in a state of nature, it coming into existence only when there is a sovereign power to protect it. Thus Locke's theory of property is unique, combining elements of traditional natural law with his own innovations. It is also the theory that is manifestly at work in Rerum Novarum.

Lots more, including the requirement for charity, at the link.

It Was NOT "Just the Economy"

While in general elections are decided by the pocketbook, and there is no question that B. Hussein's Socialist Statism did not remedy the economy (nor will it, ever), it is NOT a coincidence that:

Fifty-nine percent (59%) of those who voted in today’s elections nationwide favor repeal of the national health care bill passed by congressional Democrats in March, including 48% who Strongly Favor it.

Socialist Statism and ObamaCare are both failures, and the latter feeds the former's failure. (Alliterative genius, I am, I am.)

HT: Zippers

Strange Meeting, Unemployment Results

TurboTax Geithner meets with............WHOM?

In the midst of debates on financial regulation and China’s currency in April, Treasury Secretary Timothy F. Geithner sat down to discuss the U.S. economy — with comedian Jon Stewart.

Well.

Now we know where QE2 came from.

HopeyChangey Didn't Talk Enough? Puuuhhhleeez!

The $200 million/day traveler:

President Obama says that the idea that he failed to persuade Americans that his major accomplishments would help the country is a “fair argument.”

In an interview with “60 Minutes,” excerpts of which were published by CBS News on Friday, Obama said “we haven’t always been successful” at selling his pitch to voters.

Fuggedabout the Clintonian mid-course correction.

Even MORE B Hussein on "The View!!"

Wow.

HT: Gateway

Well, Was the Vote Conservative, or Pro-Life?

Naturally, there are lots of people taking credit for the election results, just like Newt Gingrich is taking credit for the Revolution of 1994.

So--was the Wisconsin event a victory for Pro-Lifers or for Conservatives? I'd argue that the categories are virtually congruent, properly understood.

One ledge-dweller blames the Wisconsin Catholic Bishops.

Before the election, the Wisconsin Catholic Conference sent out a mailer basicly [sic] saying that if you don't vote for candidates based on a very narrow range of prioritized issues, you're not a Catholic

He goes on to quote the Bishops on "right to life" and "nature of marriage."

As could be expected, he uses loony rhetoric, too. One does not become 'un-Catholic' by voting for abortion or gay "marriage." One DOES have a conscience problem, though.

Anyhoo,

If the Catholic Bishop [sic] want to be a GOP front group, then the Democrats in this state need to stop looking the other way and take on the Catholic Bishops head-on.

Please do!! I'm perfectly willing to instruct the Bishops on armed self-defense. (They won't ask for that instruction, of course.)

Take your best shot: neither Listecki, nor Morlino, nor Ricken, nor Callahan were directly involved in covering up the homosexual predator/priests, so your attacks will have to be on other grounds.

Alienating actual Catholics? Go for it!!

HT: Jo

Real Men of Genius: NRCC Version

Oh, yah. Ms. Ellers comments on the election:

Election night, after the ten counties in my district had reported their votes, I led Bob Etheridge by 2,100 votes. (That number is crucial because under North Carolina law Congressman Etheridge is not entitled to an ‘automatic recount' if he trails by more than 1% - or 1,888 votes.)

Then, yesterday afternoon - unexpectedly - the vote totals changed. The State Board of Elections reported my lead had dropped to 1,600 votes. Two hours later Bob Etheridge announced he intended to call for a recount.

(Just co-incidence that exactly enough votes were "found" to trigger a recall. Wink Wink Wink.)

Of course it gets worse.

Yesterday, we appealed to the National Republican Congressional Committee for support, asking if they could contribute to help pay the costs of this recount. Their answer, unfortunately, was, No

NRCC didn't contribute a dime to her campaign--but pissed away money on three OTHER campaigns in NC--all of which were losers.

Real Men of Genius.

HT: AmSpecBlog

Mitch Daniels, Again

Despite my reservations, this guy could be a godsend.

[Daniels has] already called for a "truce" on social issues and floated the idea of a VAT, and now he's told the Hill that defense cuts should be on the table to combat the debt. “We need to take a really hard look at the missions we've undertaken,” he said.

I don't like VAT. I think dumping 'social issues' is inconsistent with Conservatism.

But I do agree that Permanent War is precisely the opposite of 'the health of the State.'

Here's what's refreshing about this guy:

...maybe he's decided that if he runs, he's just going to say what he thinks.

That, alone, makes him a very interesting person.

So How's "Stimulus" and "QE" Doing? Not Well.

The picture tells the story.

HT: AOSHQ

Governor Walker's Next Budget Cuts

The State of Wisconsin now owns about 1/6th of the land area of the State of Wisconsin.

The State of Wisconsin is completing work on key portions of major land deals in the north that eventually could have a price tag of about $11.5 million

That should be enough for a long time.

Racists to Leave Milwaukee

Given Talgo's "hiring criteria," what's the loss?

...representatives from Talgo Inc., the Spanish company that chose Milwaukee as its site in the U.S. for building and maintaining high-speed trains, said the company may be forced to shut down its Milwaukee operation if the high-speed rail project is killed.

Yawn.

Fred Luber's Super Steel is hiring despite Jim Doyle's corrupt deals.

Another Lefty Target (Hispanic Conservative)

For the next several years, she will be under attack.

Republican Susana Martinez, who won New Mexico’s gubernatorial race by running as a conservative, vowed to boost security along the Southwest border during her campaign.

Look for stories on her sex life, financial history, campaign donors, and other really, really, important stuff.

Bernanke Defined

The definition in only a couple of words:

“Dr. Bernanke unfortunately does not understand economics, he does not understand currencies, he does not understand finance,” Rogers, 68, said in a lecture at Oxford University’s yesterday. “All he understands is printing money.” --Jim Rogers

Not quite.

Bernanke is actually conjuring money.

Meaning that he is the warlock to O'Donnell's witch.

But she quit that when she left high school......

The Empty Mind and Suit: McConnell

Maybe this poor old fella can just retire.

On energy, the president said he’s for nuclear power, we’re for nuclear power. The president said he’s for clean-coal technology, we’re for clean-coal technology. There is bipartisan enthusiasm for things like plug-in hybrid cars, reducing carbon emissions by automobile changes, those are areas of potential cooperation. --McConnell

IOW, Mitchie-boy, you think adding another $1K to the price of a car to get another 1/2 MPG is a "bi-partisan" goal? Really?

He squished and wiggled about earmarks, noting that if there are no earmarks, the President gets to spend money wherever he wants.

That's the point, Mitchie-Poo. Let that happen. It makes for great 2012 campaign fodder.

Even more important, Responsible People can reduce funding both before AND after Barry the RabbleRousing Socialist spends the money.

HT: Beltway Confidential

Thursday, November 04, 2010

"Green Energy" Problem Loan: Taxpayer Problem!

Ah, little Barry strikes again.

...The company's fortunes sparkled in September 2009, when the Obama administration announced $535 million in taxpayer loans to finance construction of a new solar-equipment


Advertisement

factory.

In December 2009, the company filed for an initial public offering of its stock expected to raise $300 million. In May, Obama toured the Solyndra facilities in Fremont.

The company's fortunes dimmed soon after. In June, Solyndra canceled its IPO, and the following month its chief executive officer, Chris Gronet, quit. Brian Harrison, a former Intel executive, took over as CEO.

"The company's problems raise questions about the federal government's wisdom in giving $535 million to a company with an unproven technology," Mehta said.

Now, Solyndra will close its first factory, known as Fab 1, and shift production equipment to its second factory, Fab 2. The firm won't expand the second factory...

Oh, well. Sell the paper to Fan/Fred. They know how to handle foreclosures.

The Left Despises the Vietnamese

Handy to know.

PE/PF/PC notes that Obama cut his only Congressional campaign ad to defeat Anh Cao (R), who had actually voted with Obama on an early version of ObamaCare.

Then the (D) Party ran a racist campaign against Van Tran in Sanchez' California district.

And--most surprisingly--Wallis, the self-proclaimed 'saint' of the Left, wrote this about Vietnamese refugees after the war:

Following the 1979 refugee crisis in Vietnam, Wallis lashed out at the desperate masses fleeing North Vietnam's communist forces by boat. These refugees, as Wallis saw it, had been "inoculated" by capitalist influences during the war and were absconding "to support their consumer habit in other lands." Wallis then admonished critics against pointing to the boat people to "discredit" the righteousness of Vietnam's newly victorious Communist regime.

That's more than a passing endorsement of Communism.

Which may be the point, after all.

It Works Every Time: The Dummy Left

This works every time you try it.

Go here.

Read the combox.

Find the "embarrassment." (It's not hard.)

Sykes: "STOP WORK" Order on ChooChoo

Charlie reports that he's gotten leaked emails from HNTB (the engineering firm) to its employees.

The emails (in essence) say STOP WORK on the Wisconsin ChooChoo.

Somebody got a message.

Bob Hutton Fights the Good Fight

We've already remarked that Dan Vrakas SHOULD have submitted a zero-tax-increase budget; he could have let the Lefty Waukesha Board Chairman increase taxes, pinning the tail on the correct donkey.

But that's over with. Vrakas gave up without a whimper.

Supervisor Hutton of Sussex doesn't agree.

Waukesha County Board Supervisor Robert Hutton made little headway Wednesday on his goal to reduce the proposed $97.5 million county tax levy by $1.2 million.

Hutton can read the newspapers, which is a good thing. Others, including Ms. Haukohl, should try it someday.

NRSC (and Lefty) Myths About the Election

We all know that "NRSC" is approximately equivalent to "Lefty" in at least one extremely important regard: neither of them believes that ordinary citizens should have anything to do with Government other than "shut up and pay!".

And both of them spout the same mytho-garbage about the elections.

Ann Coulter dismembers them.

A slew of election myths died – though I'm sure they'll have to be killed off again in every future election:

1) All but the broadest election predictions are an enormous waste of everyone's time...

2) A "wave" election would give the victory to Republicans in all close Senate races.

3) Newt Gingrich engineered the 1994 Republican sweep of Congress.

[Yes, it IS mythology, of which Gingrich is the author, that he, personally, made the 1994 sweep happen. Bill Clinton made it happen, just as did Obama, and Doyle in Wisconsin.]

4) [The TEA Party is the reason that the Pubbies don't have 51 Senators]

Republicans never had a chance to take the Senate, and anyone who knows the difference between California and Tennessee knew that. Most of the Senate seats up this year happened to be in very, very "blue" states. Short of a Republican invasion of the body snatchers, Republicans weren't going to be electing senators from California, New York and Oregon.

[That also blows up the myth that Wisconsin is a very blue State. It ain't. And all you have to notice is statewide election margins which rarely, if ever, exceed 15 points.]

6).......[Discussing her home State]...

Connecticut isn't Minnesota. Anyone with the slightest familiarity with Connecticut knew WWE owner Linda McMahon never had a chance even against Dick Blumenthal, a Democrat so repulsive even the New York Times attacked him.

More at the link, and worth reading!

Will Jay Weber Stop Being a Statist-Enabler?

Jay Weber's a nice guy, but he's riding the wrong hobby-horse.

This morning he was trying to get the Pubbies to "impose a property-tax freeze."

(He specifically wants that for retirees, which would be un-Constitutional in Wisconsin. But that's secondary to the main point.)

A State-imposed property-tax freeze is the antithesis of the principle of subsidiarity, and effectively enables drunken-sailor spenders (read: School Boards and municipalities) to spend without facing the music with their local voters.

Why?

Because the State then steps in and subsidizes them with State tax dollars! Happens every time.

Get off that horse, Jay, please!

Better solution: the State should tell munis and schools that the gravy train stopped, just like the slow-ride choochoo to Madistan. School and muni-aids will decrease every year by 5% until the State is out of the Enabling business.

If Milwaukee wants to spend $15K/student, let them. It's their money. Same with Elmbrook, Ripon, and Superior. If Milwaukee wants to overpay its civil servants, let them. It's their money. Same with Brookfield, Ripon, and Superior.

You recall, Jay, that this is about SMALLER Government, right?

McConnell (Bozo-KY) Appoints Himself Regent

Mitch McConnell is not (and never was) a Conservative.

But that didn't stop him from declaring himself Regent.

“John [Cornyn] did a great job with candidate recruitment, raising funds, directing strategy and, in large measure because of his outstanding job, I’m going to be the leader of a large army after tonight,” said McConnell at the National Republican Congressional Committee (NRCC) election-night gathering.

Uh-huh.

Let's take a closer look at Hero McConnell's and Vice-Regent Cornyn's "great job."

For perspective, in 1998, Mitch McConnell was able to pick up zero seats and in 2000, Mitch McConnell’s tenure saw the GOP lose seats in the Senate.

Wow. That's really impressive!!

As to Cornyn?

He endorsed Charlie Crist in Florida only to now see the very real likelihood of Crist running as an independent.

He endorsed Arlen Specter only to see Specter bolt, and then the NRSC made no great secret of trying to find anyone other than Pat Toomey to run.

He has weighed in for Jane Norton in Colorado (without endorsing, let me be clear, wink, wink, wink) only to see the grassroots go with Ken Buck.

And the NRA cannot endorse Cornyn's Indiana boy Coats because his 2A track record sucks.

(Ask Rand Paul about John Cornyn.)

Real Men of Genius!

Mitch, my boy, if I were you I'd look over my shoulder. That army's marching towards a Constitution you don't bother with.


HT: CNS and RedState

Wednesday, November 03, 2010

QE2 v. Petroleum: Petroleum Wins

Ticker has the charts to support this claim:

Oil rises from just under $50 to $85 in lockstep with QE1. When it ends, oil falls in price to $70. As soon as the threat to do it again starts, oil once again starts going up in price, even though the claim is made that economic recovery is "soft", thus justifying the act.

If the change is roughly identical, oil is headed to about $110 in the next three to six months, and gas to $4.00/gallon.

Well. THAT'LL help the recovery! Combine it with higher taxes (1/1 is not far away) and higher medical costs due to ObamaCare, (not to mention the effects of the increased prices of oats, corn, soybeans and cotton) and we'll have a good old-fashioned Depression just in time for the '12 election.

See, it's all a Republican plot!!!!!!!

(I'd believe that, but that Party is called "The Stupid Party" for a reason.)

Reid: "Cooperate, or Else!!"

Dingy, of course, has no "else" to "or."

Majority Leader Harry Reid (Nev.), Majority Whip Dick Durbin (Ill.) and Democratic Conference Vice Chairman Charles Schumer (N.Y.) pledged in a conference call with reporters Wednesday to work with the Republicans but also emphasized the GOP’s responsibility to not block legislation.

Reid, especially, renewed a threat he made before, that Republicans must stop obstructing and start cooperating.

Can't wait for the House ethics investigations. For that matter, somebody ought to re-start HUAC.

I can think of at least three targets for that committee.

Down His Own Merry Path

Obama, either lying or ignorant:

"The EPA is under a court order that identifies greenhouse gases as a pollutant." [paraphrase] --quoted at AmSpec

Reality?

The 5-4 majority......held that EPA could determine greenhouse gases are 'pollutants' if it chooses to but must ground any such decision in the statute

Details, details. To the Statist, "could" = "must."

ConLaw my butt.

The Bitter End

Apparently, Feingold is not the only bitter clinger in Wisconsin.

Minor Historical Footnote to the Election

John Boehner will be the first Roman Catholic (R) Speaker of the House in US history.

And what a tan!!

HT: Whispers

Dear RoJo:

Here's all you have to do, RoJo:

Support and defend the Constitution.

Simple.

What to Watch For in 2011 or 2012

This reminder from Vox.

I would not be surprised if the eventual bankruptcies of California and Illinois become one of the more important issues of the 2012 election. If the bipartisan Republican-led bank bailouts were enough to inspire the Tea Party, who can imagine what effect a bipartisan, Democrat-led state bailout will have on the electorate? Rick Santelli asked us if we wanted to pay for our neighbor's mortgages, but most Americans would much rather do that than pay for California's teachers unions, prison guards, and imported Mexicans.

I expect that Ryan, Sensenbrenner, and Johnson know about that probability.

The Tsunami DID Happen

Yes, Harry (CorruptoCrat) Reid kept his seat and a majority.

But look at what happened in the States!!

The North Carolina Legislature is Republican for the first time since 1870. Yes, that is Eighteen Seventy.

The Alabama Legislature is Republican for the first time since 1876.

The entire Wisconsin and New Hampshire legislatures have flipped to the GOP by wide margins.

The State Houses in Indiana, Pennsylvania, Michigan, Ohio, Iowa, Montana, and Colorado flipped to the GOP.

The Maine and Minnesota Senates flipped to the GOP.

The Texas and Tennessee Houses went from virtually tied to massive Republican gains. The gains in Texas were so big that the Republicans no longer need the Democrats to get state constitutional amendments out of the state legislature.

Ka-Boom!

2012 Target List for the TEA Party

A lot can change in 2 years, but here's the Conservative target-group for '12.

John Barasso (WY)
Scott Brown (MA)
Bob Corker (TN)
John Ensign (NV)
Orrin Hatch (UT)
Kay Bailey Hutchison (TX)
Jon Kyl (AZ)
Richard Lugar (IN)
Olympia Snowe (ME)
Roger Wicker (MS)

(My picks are in red.)

All are Big Gummint compromisers, elitist twits. And yes, they're all RINOs.

Obama's Chrysler Corp: Mexico Jobs, and a Bonus

Most of you know that Kenosha produced Chrysler engines until last week.

With the Obama takeover of that company, things changed.

President Felipe Calderon [who was cheered by the Democrat Congress for denouncing Arizona's attempts to enforce US law] says Mexico is becoming a leader in auto production, as he inaugurated a new Chrysler engine plant in the northern city of Saltillo.

The new $570 million plant will employ 700 people and produce the company's Pentastar V-6 engine for the 2011 Jeep Grand Cherokee, and later for the Town and Country 300 and 200, the Dodge Charger, Avenger, Durango and Journey.

And those engine-shipping crates will serve double-duty, transporting engines AND drugs from Mexico to the US. The drugs will not be subject to any duties or taxes!!

What a deal.

HT: MoonBattery

Natural Law Wins in Iowa

In another very significant victory for Natural Law...

A vote on judicial retention made history Tuesday night when all three Iowa Supreme Court justices on the ballot were ousted from the bench. Chief Justice Marsha Ternus and justices David Baker and Michael Streit all received a majority "no" vote.

Until then, no Iowa high court justice had lost a seat since the state adopted a merit-selection and retention system in 1962.

Why did these bozos lose?

You won't find it in the "news" story linked here.

It's here.

Representative Steve King is leading the Homegrown Justice Tour and urging Iowans to vote against retaining three justices who were part of the unanimous ruling that said banning same-sex marriages was unconstitutional.

Boo hoo.

Priebus Gets It!

Kudos to Reince Priebus, who figured out early that the TEA Party was not "the enemy."

As a result, his Party's Wisconsin candidates conformed their platforms to TEA Party principles (more or less), and will now govern the State.

Now and then one hears "Big Gummint" chat from (R) folks; Governor Walker, for example, kinda still likes State control of LOCAL prop-tax decisions, and a Waukesha County (R) Representative told me last night that Vrakas' tax-hike on Waukesha County taxpayers was 'forgivable.'

Priebus' next challenge--and it is a big one--is to bleach the brains of (R) elected officials and implant the Principle of Subsidiarity firmly into their thoughts.

That will be tough to do, but so far, he's on the right (pun, yup) track.

And he will do well to remember--indelibly--that the TEA Party happens to be quite a powerful force. Big Spend, Big Tax, Big Debt, Big Gummint Republicans?

Screw 'em.

Fix the Damn Diebold Programming

Washburn has been on this beat for several years. He has 'cred.'

The Diebold/Premier/Dominion AccuVote OS v1.96.6 infrared scanner erroneously rejected the ballot as over-voted. The chief inspector offered to hit the override button, but doing so would have switched my Democratic vote to Republican and my write-in vote to Republican as well.

The trade-secreted, vender-owned programming/configuration found on the removable memory pack erroneously rejected this ballot and that is illegal.

We have about 18 months to DEMAND that Diebold repair their software. Perhaps the AG should mention 'lawsuit' in his correspondence.

HT: Jo

Best One-Liner of Last Night

Returning from Madistan, I was tuned into 560/WIND out of Chicago.

(Yup. Bucks BB wasn't of interest, and 1130 only reaches to...oh...Delafield, or something.)

Their election-night panel included Betsy Hart, a (R) operative-turned-columnist.

Her assessment of the political scene included a reference to the Massive Fail of the GWB/(R) Congress; she stated that "they were spending like drunken sailors."

Next out of her mouth:

"....until Obama came along and re-defined 'drunken sailor'".

My apologies to all sailors, everywhere, going back to Odysseus...and I'm sure that Ms. Hart will apologize as well.

Pennsylvania and Maine Follow Wisconsin's Lead

So who cares that (technically) their polls closed an hour earlier?

They follow US.

PA just elected a Republican Governor, a Republican US Senator, a Republican-controlled Senate, a Republican-controlled House, and a 12-7 Republican edge in Congress.

And:

The whole of the Maine legislator [sic] has flipped to the GOP

Can't fool all the people all the time.

HT: AmSpec
and HT: RedState

The Doyle Party

Well, there are a couple of ways to interpret that post-title, eh?

There's the Doyle Party--the Democrats--who lost, big-time, in Wisconsin. They lost the Assembly. They lost the State Senate. They lost the Governorship. And they will not participate in re-districting the State based on the new Census. This is the Doyle Party (Whomped)--where even 'safe' Doylies like Sheridan, Snarlin' Marlin, and Decker flamed out.

Then there's the other Doyle Party (ies), which were held by Republicans. After all, Jim Doyle gave them this State's levers of power.

I'll never thank Doyle for what he did to this State.

But I'll give credit where it's due. Doyle personally and single-handedly demolished the Democrat Party in Wisconsin. Along with that, he made WEAC, the Tribes, and Trial Lawyers into yipping puppies at a table dominated by Big Dogs.

Nice work, Jim. But still no thanks, you corrupt, arrogant, bastard.

Tuesday, November 02, 2010

Feingold, the Sore Loser

For crying out loud...

Heard (WIND/560) Savage this afternoon, who cadged a Drudge headline that exit polls called the election for Johnson.

That was at 4:30 PM.

Now it's 10:15 PM, and Feinie won't concede.

Sucks to lose, Russ.

Residential Foreclosures Only Part of the Problem

"Foreclosures" is the scare headline.

Under the fold, it's even worse.

According to LPS, 9.27 percent of mortgages are delinquent, and another 3.84 are in the foreclosure process for a total of 13.11 percent. It breaks down as:

• 2.64 million loans less than 90 days delinquent.
• 2.32 million loans 90+ days delinquent.
• 2.05 million loans in foreclosure process.

That's more than 1 in 8 mortgages.

And it's not only residentials.

This table is from the Wilmington Trust press release yesterday. It shows that commercial real estate - construction nonperforming assets jumped from $240.7 million at the end of Q2 to $461.9 million at the end of Q3.

Wilmington was acquired yesterday, all-stock at $3.84/sh. Compare Friday's close at $7.11/sh.

HT: CalcRisk

The Emperor's Visit to Bombay

Besides a couple of dozen SUV's and 40 or 5 747's, plus 2.5 hotels....

What?

The US would be spending a whopping $200 million (Rs 900 crore approx) per day on President Barack Obama's visit to the city.

$200 million/day. That's about what we spent on Iraq, ain'a?

The Ur-Tea Party Theorist

Here's the quote:

It is well known that there have always been those amongst us who wish to enlarge the powers of the General Government, and experience would seem to indicate that there is a tendency on the part of this Government to overstep the boundaries marked out for it by the Constitution. Its legitimate authority is abundantly sufficient for all the purposes for which it was created, and its powers being expressly enumerated, there can be no justification for claiming anything beyond them.

Every attempt to exercise power beyond these limits should be promptly and firmly opposed, for one evil example will lead to other measures still more mischievous; and if the principle of constructive powers or supposed advantages or temporary circumstances shall ever be permitted to justify the assumption of a power not given by the Constitution, the General Government will before long absorb all the powers of legislation, and you will have in effect but one consolidated government.

From the extent of our country, its diversified interests, different pursuits, and different habits, it is too obvious for argument that a single consolidated government would be wholly inadequate to watch over and protect its interests; and every friend of our free institutions should be always prepared to maintain unimpaired and in full vigor the rights and sovereignty of the States and to confine the action of the General Government strictly to the sphere of its appropriate duties
.

The author?

Andy Jackson, 1837

HT: Bayou RenMan

Obama and Keillor

Commenting on the fact that ObamaCare will most likely pay for contraceptives, Diogenes:

In Lake Woebegone all the children are above average; in post-Obama America, all the children will be optimal.

One is reminded of G K Chesterton's adage that 'we progress to the optimum, but have not defined the comparative,'--or something like that.

All Souls' Day

In paradisum deducant te, Angeli...

And a little more Latin for you who are reading this:

Media vita in morte sumus.

...in the midst of life we are in death.

HT: Inside

11/2


HT: Zippers

Fed Judge in AZ Case: "You're Kidding, Right?"

Well, that's not exactly what Justice Noonan said.

But it's close.

“I’ve read your brief, I’ve read the District Court opinion, I’ve heard your interchange with my two colleagues, and I don’t understand your argument,” Noonan told deputy solicitor general Edwin S. Kneedler. “We are dependent as a court on counsel being responsive. . . . You keep saying the problem is that a state officer is told to do something. That’s not a matter of preemption. . . . I would think the proper thing to do is to concede that this is a point where you don’t have an argument.”

But hey! It's only taxpayer money.

HT: Malkin

Daniels: "EPA = Employment Prevention Agency"

One would think that EPA will be the first or second target for (R) Congressional smart-bombs.

Mitch Daniels is right on this one.

Lock and load, safety off, fire at will.

Election Day Modifications

Due to anticipated heavy turnout, Wisconsin voting will change.

Republicans will vote today, 11/2. Democrats will vote tomorrow, 11/3.

This will be irrelevant in the City of Milwaukee, of course, where there will be more votes cast than there are citizens.

The Cost of Goods, Athletic Version

Noted in the local news:

Three jerseys, two pairs of shorts and two warm-up shirts were taken from a storage room near the west end of the school's new gymnasium. ...The gear is valued at $971.

Seven small items of clothing, $971.00?

You'll know that budgets are being cut when ......

Doyle's Middle Finger Salute to Taxpayers

The Democrat Party at work.

...state and federal administrators quietly signed a deal to commit the state to spending all $810 million of the federal stimulus cash allocated to the Milwaukee-to-Madison route, transportation officials confirmed Monday.

The unannounced weekend agreement frees outgoing Democratic Gov. Jim Doyle's administration to sign contracts for much if not all of the work.

Under cover of darkness, naturally. They're allergic to sunlight.

Monday, November 01, 2010

"Buy the House Now"?

Ticker finds the rotten apple in that barrel.

Yes, rates are low. But if the rates pop by 1.5% (to 6.5%) in the next few years, the value of that $200K house may only be $165K, because people buy houses on CASHFLOW, not on "value."

So, yes, there are some good reasons to "buy now." But there are also good reasons NOT to.

Read the link, folks.

An Easy $350 Billion, More or Less

Patrick found Riedl's work at Heritage, suggesting $343Bn in budget cuts at the Federal level.

Worth reading, because eliminating Education and Energy isn't enough by itself.

All farm subsidies, the Community Development Block Grants, halve Pell Grants, dump the "Safe/Drug-Free Schools" program, stop acquiring Federal office space, KO ALL Justice Department grants save a couple for statistics...

There's a lot more there.

Eggster/No Runny Goes All National

Well, well.

Hometown guy gets national!

Dammit, I coulda got his autograph for nuttin' only a week ago.

"Nation Building" Fail

Gee. What could go wrong?

An al Qaeda attack that killed 52 hostages and police in a Catholic church in Baghdad was aimed at driving the embattled Christian Catholic minority out of the country, Iraq's human rights minister said on Monday.

Church officials described the attack, which began when gunmen seized the Our Lady of Salvation Church during Sunday mass, as the bloodiest against Iraq's Christians Catholics in the seven years of sectarian war that followed the 2003 U.S.-led invasion.

A Christian lawmaker said the botched raid to free the hostages proved that the Iraqi security forces lack the capability to maintain peace.

US troops were not involved other than with minor chopper support.

Delaware Problems

While many think that Christine O'Donnell is not going to be elected, some want to make SURE of that.

It’s still unclear as to why the local cable channel failed to air the half-hour long special. Our hope is that this is not another case of the liberal media or political dirty tricks trying to silence Christine’s message to the voters of Delaware.

“Christine announced the broadcast during yesterday’s rally in Wilmington, and it was scheduled to run at 11:30 p.m. Sunday and again at 10 a.m. today. But, the channel did not air the powerful ad at either scheduled time. We are very disappointed that an ad, which the campaign paid for last week, was not aired as scheduled.”

Paid in advance...


HT: CMR

Notice Something About All Saints' Day?

Yes, for us Catholics, today is All Saints' Day--a holyday of obligation, meaning that Mass attendance is required.

Also note that it's a Monday. One day after Sunday (doh.) ADDENDUM BELOW!

Think.....

OK, here's the noticeable part: the Milwaukee Archbishop did NOT grant a "pass" on Mass attendance today, even though it would be "convenient" to have conflated yesterday's attendance with today's.

A new dawn.

Don't get too excited. For All Souls' Day, (11/2) on which priests have traditionally been allowed to celebrate THREE Masses for the souls of the faithful departed, the practice has apparently been abandoned, at least in Eastern Waukesha County.

All those souls have been saved, you see.

Now we find this:

...apparently our American Bishops decided in 1991 to “abrogate the precept” to attend Mass for All Saints if it falls on a Sat or Mon....

A permanent (?) abrogation, I guess.

HT: FrZ

Personal Income Release

Ticker breaks down the personal income report.

Private wage and salary disbursements increased $3.3 billion in September, compared with an increase of $23.6 billion in August. Goods-producing industries' payrolls decreased $1.6 billion, in contrast to an increase of $6.7 billion; manufacturing payrolls decreased $1.0 billion, in contrast to an increase of $2.3 billion. Services-producing industries' payrolls increased $5.0 billion, compared with an increase of $16.8 billion. Government wage and salary disbursements decreased $4.8 billion, compared with a decrease of $8.2 billion.

So. Notice that while there is growth, it's anemic compared to August--and the August growth didn't have a measurable effect on unemployment.

In fact, the top-line unemployment numbers are going to look better for a while, because the unemployed are now rolling off the 99-week extended benefits period.

One more observation:

Personal income receipts on assets (personal interest income plus personal dividend income) decreased $5.7 billion, compared with a decrease of $10.7 billion.

What "interest income"? Banks are now paying ~1% or less (and collecting ~2.5% on T-Bonds, mind you.)