April 30th 2009 Thursday

Hour 1 - Should we regulate the hedge fund and financial services industries like the Europeans are doing?
Hour 2 - To stop more epidemics and to save the planet, should we as a nation challenge the religious who appose birth control?
Hour 3 - Not that Portugal has proven drug decriminalization works, how do we get it changed here...now?
Plus - Geeky Science Rocks! Today.
Comments
Speaking of Michelle Bachmann, she made the erroneous comment about how it was an "interesting coincidence" that the last swine flu outbreak was under a Democratic president when it was actually under Republican Gerald Ford, but the interesting coincidence is that the first incidence of the current swine flu strain in Minnesota is in her district...
When asked about Michelle Bachman’s comments, Hoot Smalley said, “I did terrific things for the economy! And I helped people! Because I was good enough, I was smart enough, and, doggonit, the economic elites liked me!
Re: Torture
There were anti-torture protesters in front of the White House today, wearing orange jumpsuits. They were *arrested* and they weren't doing anything wrong. They were exercising their first amendment rights.
What's wrong with this picture? Are the "tea party" protesters the only ones allowed to protest in front of the White House?
Michele Bachmann was "installed" by the crazies in the Bush Administration, with Bush out here (in Minnesota) fund-raising for her. I don't understand how a state like MN, which used to be so well-educated and so progressive, could cough up someone like her. I do think that, because of our history, we have been on a right-wing "hit list."
We knew, from the beginning of her run for Congress, that Bachmann was a nut. Remember the photos of her hiding in the bushes while she spied on a gay pride parade?
BTW, the 2 schools that have been closed in MN due to the "flying pig" outbreaks are in Michele Bachmann's district! Go figure...
Regarding Michelle Bachman and the Cons:
First we fought you, now we laugh at you, then we will ignore you, then we will win.
Jeff, unfortunately, she's still a little too goofy (and scary) to ignore yet!
Thom, you and your mom are often in my thoughts. (A very dear and beloved member of my family suffered with the same disease.) I have been reading interesting articles about new Alzheimer's and diabetes research and therapies. Here's one example:
Potential New Drug Target For Diabetes, Alzheimer's Disease
http://www.medicalnewstoday.com/articles/147259.php
Now for something completely different:
Louise, I listen to the show over the internet. At the end of every show, I hear a wonderful snippet of music. It's always interesting and I always wish I could hear the entire piece! (It seems like a delightful "thin mint" after Thom's huge cerebral "meal.")
From V Foxx website: (excepts)
“During this time of considerable economic uncertainty, misleading our state’s senior citizens—many living on fixed incomes—into making a donation to ‘save’ their future Social Security is not only morally abhorrent, but it also seems legally suspect,” Rep. Foxx wrote to Attorney General Cooper.
The same group that sent the Social Security letter, Council of Seniors, was recently cited by the Indiana Attorney General for sending deceptive fundraising appeals to households in Indiana.
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It would seem that Viginia is against SOME hate crimes. Still, I plan to write and chastise her for speaking so lightly of a horrendous crime (Matthew Shepherd). We have seen this and beheadings from young people who think that hate is ok!
Virginia Foxx
Washington, D.C. Office
1230 Longworth House Office Building
Washington, D.C. 20515
Phone: (202) 225-2071 Fax: (202) 225-2995
North Carolina District Offices
6000 Meadowbrook Mall, Suite 3
Clemmons, N.C. 27012
Phone: (336) 778-0211 Fax: (336) 778-2290 Toll Free: 1(866) 677-8968
240 Hwy 105 Extension, Suite 200
Boone, N.C. 28607
Phone: (828) 265-0240 Fax: (828) 265-0390
In hindsight I should have liquidated my entire life/retirement savings in 2007 when I boarded the following commercial airline:
AIR CANADA #4623
Operated by UNITED EXPRESS
division of UNITED AIRLINES
for SHUTTLE AMERICA
a subsidiary of REPUBLIC AIRLINES
I am not making this up!
In corporate management, we’re fond of saying “If you can’t measure it, you can’t manage it.” We measure customer satisfaction, budget to expenditures, progress towards deadlines, quarterly earnings, and much more.
As I heard about more people being sent home from work today at Chrysler (the latest additions to the burgeoning rolls of the unemployed, under-employed, and “furloughed”), it gave me an idea: Let’s measure something else. Let’s measure what we’re not doing. Let’s measure the effects of idleness on production. For starters, now that so many are unemployed, simply think of the idle man-power we aren’t putting to use, the collective education residing in the hundreds of thousands of unemployed people we aren’t leveraging. Think of the creativity we aren’t tapping, the problems we aren’t solving, the bridges we aren’t reinforcing, the power grid we aren’t attending to, the waterlines we’re letting deteriorate, the inventions we aren’t inventing, the research we aren’t doing. What a waste of human potential. If we measured it, we’d have something to correct, something against which to measure progress.
At the moment, some people have a vague sense we should be inventing, producing, thinking, manufacturing, servicing. But without hard numbers, how will we know when we’re improving or getting worse? I’m not suggesting this is an easy metric, but we have an entire quadrant of the government enraptured with gyrating numbers (GAAP, FASB). A little creativity, a fancy calculator, and who knows?
But seriously, the recovery of the economy depends on the one thing we aren’t doing: Making the most of our human potential. Instead we’re sending it home without a paycheck. We won’t see our citizenry as producers (rather than consumers) until we start measuring the effects of and the ways in which we produce (construct, cure, invent, research, serve)—or don’t (as now)—rather than the effects of and the ways in which we consume.
When talking about the problems hedge funds are causing for Chrysler, you're leaving out the worst part. You noted that the reason the are forcing Chrysler into bankruptcy is so they can collect on their Credit Default Swaps. But you didn't mention that the reason they *can* collect on their CDSs is that the U.S. government bailed out AIG, the irresponsible issuer of more CDSs than they had assets to back. Without the bailout, that market would have collapsed.
So effectively, they are doing it because the taxpayers are paying them to do it!