Saturday, July 19, 2008

Little Big Man

(Via Timebomb 2000)

Charles Krauthammer on Obama's European photo-op trip. Devastating.

Obama is a three-year senator without a single important legislative achievement to his name, a former Illinois state senator who voted "present" nearly 130 times. As president of the Harvard Law Review, as law professor and as legislator, has he ever produced a single notable piece of scholarship? Written a single memorable article? His most memorable work is a biography of his favorite subject: himself.

Dang--that's going to leave an owwie.

You're not going to win

$4/gallon gas and $4.80 diesel aren't bad enough--our congresscritters want to raise fuel taxes by a dime from the current 18.4 cents a gallon on gas and 24.3 cents on diesel. It seems that with the high price of fuels cutting consumption (we won't mention the incessent earmarks that waste billions), the federal highway trust fund is emptying out. So now the lobbiests for the highway construction companies are pushing to refill it, using your money.

So just when the prices showed some sign of subsidence (down here a dime in the last couple of days), we're going to lose that to taxes. If the money wasn't wasted, I wouldn't mind it so much. But when you want to do stupid things like spend $320 million on a bridge to nowhere, you lose my support for any tax increase.

Something you should note: It's mostly Democrats pushing for the tax increases, while Republicans have been blocking them so far. This may be an indicator that the Stupid Party has gotten the message being sent by the base. Or it may not. Time will tell.

Wednesday, July 16, 2008

Keep warm this winter

(Via SurvivalBlog and Timebomb2000)

Mother Earth News has a useful article on build-it-yourself solar collectors for your windows.

I made a couple of highly simplified solar collectors for my outbuilding some time ago, and they could raise a 21' x 21' x 8' mostly uninsulated building 10-15o on a winter's day. This was with about 6 hours of direct sun with an ambient temperature in the 30s, and without the collectors being angled as they specify. I suspect that better-built and installed collectors would perform much better.

Tuesday, July 15, 2008

Alfred E. Obama is Not Funny!!

(Via Timebomb 2000)

James Lewis opines on why we're not allowed to laugh at Obama. It seems that once again, the easily offended...are.

Me, I think the guy is hysterical, and the followers of His Messiahness are even funnier. I'm looking forward to the Democratic National Convention (NOT!) in a way I haven't looked forward to a political convention years. I figure it for a cross between tent revival and 60s sit-in, with a dash of Chicago 1968 for flavor.

Monday, July 14, 2008

My kind of church

(Via The Register)

You have to love a church that gives away an AR-15 at a youth event.

Somewhere, an anti-freedom gun grabber's head just exploded....

The IndyMac Bank failure--as designed?

Was the failure of Indymac orchestrated? I've heard the rumor here and there around the Internet, and one CNBC commentator is saying it out loud and in public. I have to admit, it's an interesting string of cooincidences.

However, I think the most interesting thing he had to say is this:

The political class is shifting left. We’re likely to get Obama and Nancy and Harry running the most advanced economy in the world next year. The investor class doesn’t like what it sees coming. That’s why it is scaling back. Capital is going on strike, and we won’t come back to the table until we see that we have a chance to a fair deal.

I bet all the folks who are voting for Obama didn't expect that change, did you? Me, I'm just curious to see where the capital flees to. I'm betting Asia.

Another thing to watch carefully is...other banks. Right now, the Fed's plate is full with IndyMac plus the Fannie and Freddie Follies. A CNBC commentator reports the following:

Chris Thornberg at Beacon Economics says, “IndyMac was the first major institution that wasn’t too big to fail.” He says as the Feds are busy worrying about “the big boys”—Fannie and Freddie—hundreds, maybe thousands, of smaller, regional banks will now realize they have no savior.

Of course, the FDIC insures deposits up to $100,000, but what happens if it's a wave of failures--how many banks have to fail before that well runs dry? Those of us who aren't "captial"--we just have money in the bank--had better be ready to move quickly as well.

Sunday, July 13, 2008

Your Sunday Firepower Video

This week is the Battle of Malta. Here's part 1...

And here's part 2...