Sunday, August 22, 2004
Total War
PS. Was moving into a new apartment this week, right by school. Just found out that I will be teaching four discussion groups this semester. Very very nice.
Monday, August 16, 2004
National Debt and Personal Debt
"Dr. Krugman,
Have you read the article, "False Positive" by Jacob Hacker in the
latest New Republic? What are your thoughts on his universal insurance
proposal coupled with the government subsidized savings accounts? Also, do
you think there is a way to draw an analogy between individual Americans'
personal debt to the national debt? I don't think most politicians and
economists have ever had to live off of a credit card for any significant time,
but it could be a very potent analogy and a way to discredit Bush's claims of
economic stimulus from his large deficits. Regular people understand
credit cards and loans. Not GDP and deficits. Now,
economics and finance aren't my strengths, but if I understand correctly,
Keynesian economic theory basically allows for short term deficits to stimulate
the economy, not long term structural deficits, correct? It's like the
difference between buying a TV on the MasterCard versus paying the electricity
bill on your MasterCard, as well as using the Visa to pay the interest on the
MasterCard. When you buy the TV on credit you get something of use right
away, then you pay it back at your leisure. It's good for you, you get a
TV. It's good for Best Buy, they hire employees, make a profit: it's money
into the economy, etc. It's good for your bank; they make money from the
interest that you pay them on the loan. It's good for the stockmarket
because the bank invests the money that they are making on your money.
Good deal. Everybody is a winner.
But if something unexpected happens, like your car breaks down, or your
wife gets sick, (or your family gets dive bombed by Muslim terrorists, or you
find yourself embroiled in two middle-Eastern wars) , and you have to pay the
electricity bill on the credit card one month, you are starting the slide down
the hole to bankruptcy. You are paying for a necessity, not a
luxury, and you can't afford it with your current income. You have to
borrow money just to meet your basic needs, and you not only start off on
thewrong foot with your borrowing, you start accruing interest from day one.
This is bad if it happens once, but if it happens indefinitely, you
eventually reach the end of your credit. Also, your interest payments
eventually will be higher than the original cost of your electricity bill.
Also, if nothing horrible happens, and unless your income drastically
rises, you may be able to keep up with the interest payments, and stay on top of
the bills, but to reduce significant levels of debt is very
difficult.
Well, it looks like the US government is paying the electricity bill on
the credit card right now. Like I said, I'm not an economist. I know
this is a long convoluted analogy, but I think it has merit. "Regular"
people understand how bad having credit card debt is. They worry about
their mortgage payment, and their kid's student loans. If the Democrats
could exploit personal debt, instead of trying to predict how to react to job
numbers or the stock market numbers each month, they wouldn't look like ghouls
saying that things are really bad. The GDP growth numbers look good on
paper, right? However, isn't a lot of our growth in GDP because of the
money spent on defense and the war on terror? Average Americans know that
the stock market is good. They also know that they have debt, and it gnaws
at the back of their skull a little bit each night before they go to bed.
If that stock market starts to slide down, or if interest rates start
edging up, they know that they are in big trouble. So what do you think?
Could you clean up that analogy a bit?"
So what about it guys? Is that a workable analogy? Does anyone understand what my addled brain is trying to say? I'd be happy to get some input from anyone who knows anything about economics. I sure don't.
PS. I know that the formatting is goofy as hell whenever I do a block quote. Sorry, that's Blogger, not me. I wish I knew how to make this thing work better.
National Review on Kerry/Yucca Mountain
Now, I've been
to Yucca Mountain and interviewed the scientists there and read quite a few
of the studies. And, frankly, I have no idea what Kerry is talking about. Yucca
Mountain is indisputably the safest conceivable installation for nuclear waste
in America — and, quite probably, on the planet. If terrorists wanted to, say,
crash a 747 into Yucca Mountain, they'd pretty much have to get past the Nellis
Air Force base, where the Air Force practices blowing things up. It's also the
home of the Air Warfare Center and the Air Force Weapons School. It is where the
Thunderbirds practice and the site of the International combat-training exercise
known as "Red Flag." Yucca Mountain also abuts the highly secure Nevada Test
Site where we've blown up a kajillion atomic bombs.
and:
Besides, if the fear is that terrorists can get their hands on this material,
why is it preferable to keep the ingredients for dirty bombs at countless
unguarded, disparate sites around the country? Even if transport is risky, isn't
leaving this junk scattered across the country riskier? Kerry has criticized the
administration for not acting fast enough to collect and secure nuclear
materials in the former Soviet Union, why does he want to prolong the process
here at home?
check me out.
By the way, I like the idea of Yucca Mountain. I would rather have all of
this country's nuclear waste stashed in the most highly guarded and best
protected place in the entire United States, rather than spread out at hundreds
of under-protected facilities across the country. You gotta put this shit some
where. The only thing to worry about is the transportation of the nuclear
materials. Once it gets here, it doesn't matter. The spooge is going to be
buried in the middle of a mountain. If you are worried about terrorists getting
to it, you should also be worrying about terrorists going to Area-51, stealing
an alien spacecraft, and using it to attack Las Vegas. It's just not going to
happen. These areas are some of the highest security places in the world. It's
seriously a lot better to have a few thousand pounds of nuclear waste stashed
here, rather than a few hundred pounds in Bridgeport Connecticut, Dover
Delaware, Seattle, Kansas City, and wherever the hell else this goop might be.
Titles now.
Saturday, August 14, 2004
Voter Registration in Nevada (My job).
ACLU, Nevada, Marijuana
Kerry Campaign on the Defensive
Bush and Cheney also selectively interpreted Kerry's words to cast them in the worst possible light.
Very true. But so what. He's the douche that was talking about sensitivity and being "proactive".
Kerry's Iraq War Position
Friday, August 13, 2004
Yeah, this sucks.
read it.
Liberal = French/Pussy/Faggot/All Things Bad
"Kerry's secret plan, it finally emerged, was to convince France and the U.N. to
help us get out of Iraq. To you and me, asking France to help you win a war is
like asking your mother-in-law to help settle a family quarrel. But according to
Kerry, asking France to help win a war makes the war "sensitive" because, as
everyone knows, France is more sensitive than the United States, just as
liberals are more sensitive than conservatives. In fact, to be liberal is to be
French, even if only in spirit." - my emphasis added.
wow. cf. Digby.
Iraq, Iran, and the World's Going to Hell
I also thought that maybe Cheney, Rumsfeld, and Bush are taking a page out of the Nixon on China playbook. The "madman" play. They thought that they would make Bush look like a crazy cowboy with this war, and scare the pants off the ayatollah's in Iran and Lil' Kim in North Korea. Make them think that we could win a war with 150,000 troops, so we can easily go after them as well. Well, that didn't work either. Check this out, again from Rumor Control, one of my new favorite sites. How about this:
Iran's Supreme National Security Council Secretary, Hassan Rowhani, said, "I
think the experience of Iraq would be sufficient for the Americans for years to
come not to think of invasion against any other country."So, how close are we to a nuclear Iran? Well, they are currently testing ballistic missiles that can reach Israel. Awesome. I remember just a year ago reading about how much the people of Iran like America, and how much they want to overthrow their corrupt mullahs. Doesn't look like that's very true anymore.
So, lets look at everything that has happened in the past week. We have new major terror alerts, we have absolute bungling in the Khan affair, we have Iran and Israel testing rockets, we have Iran telling Europe to call off the IAEA, they're making a bomb and the world has to deal with it, we are now unofficially at war with Iran, we lost any possibilities for peace with the Shi'a, we are seeing a major battle centered in Najaf, and a simmering insurgency across the entire country.
How about that Bush administration keeping us safe? Winning that war on terror, huh? Great job.
We're All Gonna Die!!
"The rhetoric coming out of the Bush administration has convinced Iran that
military conflict is inevitable and rather than await an attack at a time and
place of America's choosing, the Iranians will try to inflict significant damage
to U.S. forces on Iraqi soil by means of the Mahdi Army and other Shi'a groups,"
an informed intelligence source told This Is Rumor Control.
Jesus this is bad.
Wednesday, August 11, 2004
John Kerry is a Crappy Candidate. But He Might Still Win Nevada.
It was about what I expected. He said the same old crap, and for some reason the Kerry campaign/Nevada State Democratic Party think that the "No Yucca Mountain" is the silver bullet for Nevada. Well, I'll tell you something, it's not. People have been hearing about Yucca Mountain for 30 years now. Everyone out here has a vague uneasiness about Yucca Mountain. Noone wants nuclear waste out here. A certain number of people care desperately about this issue, but not that many. All those people are going to vote Kerry or Nader or whoever the guy who's running for the Green Party. Oh, and this is from today's RJ:
"But nuclear industry backers and other officials scoffed at his strategy, saying
it could backfire on him and that he was playing the issue for votes."
By the way, I like the idea of Yucca Mountain. I would rather have all of this country's nuclear waste stashed in the most highly guarded and best protected place in the entire United States, rather than spread out at hundreds of under-protected facilities across the country. You gotta put this shit some where. The only thing to worry about is the transportation of the nuclear materials. Once it gets here, it doesn't matter. The spooge is going to be buried in the middle of a mountain. If you are worried about terrorists getting to it, you should also be worrying about terrorists going to Area-51, stealing an alien spacecraft, and using it to attack Las Vegas. It's just not going to happen. These areas are some of the highest security places in the world. It's seriously a lot better to have a few thousand pounds of nuclear waste stashed here, rather than a few hundred pounds in Bridgeport Connecticut, Dover Delaware, Seattle, Kansas City, and wherever the hell else this goop might be.
Now, I would have liked to have heard some sort of mention on the financial-center terror alerts in the northeast, and all of the scary news going on out here in Las Vegas this past week. Major surveillance for potential terror attacks, and did Oscar Goodman know, and was there a cover-up because of potential tourism losses? And how about this by Kristoff in NYTimes today?
William Perry, the former secretary of defense, says there is an even
chance of a nuclear terror strike within this decade - that is, in the next six
years. "We're racing toward unprecedented catastrophe," Mr. Perry warns.
"This is preventable, but we're not doing the things that could prevent
it."
That is what I find baffling: an utter failure of the political process.
The Bush administration responded aggressively on military fronts after 9/11,
and in November 2003, Mr. Bush observed, "The greatest threat of our age is
nuclear, chemical or biological weapons in the hands of terrorists, and the
dictators who aid them." But the White House has insisted on tackling the most
peripheral elements of the W.M.D. threat, like Iraq, while largely ignoring the
central threat, nuclear proliferation. The upshot is that the risk that a
nuclear explosion will devastate an American city is greater now than it was
during the cold war, and it's growing.
In my next column, I'll explain how we
can reduce the risk of an American Hiroshima.
Yeah, and what about this on Juan Cole? What the hell is Moqtada al Sadr up to? What about Prime Minister Allawi? Is there really a conspiracy to kill Ahmed Chalabi and his nephew Salim? How bad is he, and how much of it is Allawi attempting to consolidate power?
John Kerry has not impressed me that he is taking the threat of terrorism seriously. And what the hell is his plan other than to "Internationalize Iraq"? I don't care if France and Germany start a draft to send over half a million troops to help a Kerry presidency. What does he do with the troops? The lack of troop strength is a huge problem, but more importantly, what the fuck are we trying to accomplish there? Seriously, what are we doing? And how would a Kerry administration differ in it's handling of the war? So far, other than promising to "reach out" to other countries, he is minimizing any differences between himself and the president on Iraq. The main thing that Kerry says is that he supported the war, still would have voted the same way, but he would have done things the "right" way. Great. Thanks for taking our country's future so seriously Mr. Kerry and the Democratic Party.
Oh by the way, the rank and file Dems are the worst. You know what line got the biggest applause? "I won't privatize social security"? "National service = free college"? "The government is going to take over insuring catastrophic cases, ie. cancer, MS, AIDS, etc"? No, of course not. "I'm John Kerry and I served in Vietnam"(or some loose approximation of that.) What the fuck man. Stupid Democrats. The Weekly Standard and National Review are right. The Democrats and John Kerry truly are the September 10th party. They should get rid of the donkey mascot and go for an ostrich (you know, heads in the sand? duh.)
Monday, August 9, 2004
Jack Daniels + Sauza + Keystone Light + Raw Chicken Wings = Lots of Vomit
Friday, August 6, 2004
Nader is not a Vampire.
Though the Democrats have the right to robustly oppose my independent
presidential campaign, they don't have the right to engage in dirty tricks
designed to deny millions of voters the opportunity to choose who should be the
next president. But that's what is happening. Across the country, the Democratic
Party, state Democratic partisans, corporate lobbyists and law firms are making
an unprecedented effort to keep the Nader-Camejo ticket off the ballot. It's a
sordid, undemocratic tactic, an affront to voters and a threat to electoral
choice.
Yep. Don't vote for the guy if you don't like him. Try to talk your Nader-voting friends out of it. However, don't take away my right to pull the lever for whomever I wish.