February 2010
China insider sees revolution brewing →
I can't believe people aren't going to jail over...
Fannie Posts $72 Billion Loss for ‘09
Fannie Mae reported a staggering $72 billion net loss for 2009, underscoring the challenges that still face the nation’s largest mortgage financier and offering more grim news for taxpayers who may ultimately pick up the bill. The Washington-based company posted a $15.2 billion fourth-quarter loss and said it asked the U.S. Treasury for...
Bluest States Spilling The Most Red Ink →
Greece and the welfare state in ruins →
21st CENTURY BREAKDOWN →
I did not sign away my right to get the best possible health care for myself...
– ~Canadian Premier Danny Williams
Today's Must Read: The doomsday cycle →
Oh yeah, about that 'rising seas' thingy →
China: Hugh Hendry warns investors' infatution is... →
The Meaning of Marjah
By Kamran Bokhari, Peter Zeihan and Nathan Hughes | February 16, 2010
On Feb. 13, some 6,000 U.S. Marines, soldiers and Afghan National Army (ANA) troops launched a sustained assault on the town of Marjah in Helmand province. Until this latest offensive, the U.S. and NATO effort in Afghanistan had been constrained by other considerations, most notably Iraq. Western forces viewed the Afghan...
As I view the threat, we have a perfect storm.
– Former U.S. Senator Sam Nunn, warning that the spread of WMD material and technical expertise significantly increases the potential for an act of nuclear terrorism.
“How to spend (up to) $1.5 trillion without... →
There are lots of stupid federal programs. There are lots of wasteful federal...
– Robert Bryce writing in the Energy Tribune
The Politics of Cosmic Catastrophe →
I love this guy!
Speech by New Jersey Governor Chris Christie: New Jersey is in a state of financial crisis, 11 February 2010
Cambridge Climate Congress launches it's Cultural...
Harvard Hometown Plans Coercive Taxes, Veganism to Stop Climate ‘Emergency’
By Joshua Rhett Miller
- FOXNews.com
Congestion pricing to reduce car travel. Elimination of curbside parking. A carbon tax “of some kind,” not to mention taxes on plastic and paper bags. Advocating vegetarianism and veganism, complete with “Meatless or Vegan Mondays.” Those are just...
“Menace in mad march of the thought police“ →
It’s important to remember that equity values, stock prices, are not just...
– -Former Federal Reserve Chairman Alan Greenspan, Meet the Press, February 7, 2010
OK Al, so why did you let equity prices run up to irrational levels on your watch?
No Exit in Sight for U.S. As Fannie, Freddie Flail... →
Snow Job in Washington?
BARRON’S UP AND DOWN WALL STREET
By RANDALL W. FORSYTH
Weather permitting, Bernanke will outline the Fed’s exit strategy Wednesday. The really important questions won’t get answered.
THERE’S 100% CHANCE OF SNOW in Washington Wednesday, and that would be so even if the forecast weren’t for another blizzard in the nation’s capital. What’s likely is a...
RIP CAP'N PHIL →
Gerard Alexander: Why are liberals so... →
From "the science is in" files
The Bishop Hill blog:
Hansen’s colleague eviscerates AR4 Chapter 9
While perusing some of the review comments to the IPCC’s Fourth Assessment Report, I came across the contributions of Andrew Lacis, a colleague of James Hansen’s at GISS. Lacis’s is not a name I’ve come across before but some of what he has to say about Chapter 9 of the IPCC’s report is simply breathtaking.
Chapter 9 is...
From Michael Yon...
Greetings, By now, most people seem to realize that 2010 will be a bloody, decisive year in Afghanistan. A major operation is set to begin. I’ll be with 5/2 Stryker Brigade Combat Team for the foreseeable future, but have already been doing missions outside “the box.” My first two missions since return were with the U.S. Air Force. I anticipate leaving the wire in less than...
The global warming guerrillas →
Cool: Spray-on liquid glass is about to... →
Why manufacturing is a race to the bottom...
From Mike Shedlock:
$550 Million Will Create 400 Jobs … In Mexico
It takes ever increasing amounts of money to create just a few manufacturing jobs. Here is a case in point. Please consider Chrysler pledges $550M to build Fiat 500 in Mexico.
Chrysler Group LLC says it will invest $550 million to build the Fiat 500 minicar at its assembly plant near Mexico City. Chrysler CEO Sergio...
The Founders’ wisdom
BY LT. COL. PAUL L. YINGLING
The U.S. faces a number of difficult challenges in civil-military relations that carry with them profound effects on our national security. Among these issues are declining popular support for the wars in Iraq and Afghanistan, growing isolation between the U.S. military and the society it serves, and unresolved disputes over the limits of executive authority. However...
The BS piles up so high you need wings to stay... →