Month: September 2008

Bailout rejected, stocks drop

The Republicans in the House of Representatives voted against the bailout plan, crying “Whaaaa… Pelosi said things about de-regulation… whaa whaa”, and the stock market fell 8%. Fine, it’s not a perfect plan. But why don’t they suggest a new plan or suggest changes? Instead, they just go home until Thursday. Selfish and stupid.

The bailout Part 2

I read this week’s The Economist that had several articles on the bailout and related topics and here’s my updated understanding and explanation for the bailout problem and cure. In the end, The Economist thinks this plan is as good as any plan and is simple, so they believe it should be passed. Read “The Economist’s article”: or read my summarized version…

Continue reading “The bailout Part 2”

Palin believes Dinosaurs and humans co-existed

Wow. From “the LA Times”:,0,3643718.story?track=rss:

bq. Palin told him that “dinosaurs and humans walked the Earth at the same time,” Munger said.

She must get her history from Land of the Lost. Now someone has to ask her if the world is flat and if the Sun revolves around the Earth. Oh what the hell, ask her if 2+2=5.

There’s a good chance she could be President of the most powerful country in the world and she doesn’t understand simple facts. This is the person Republicans think is their second-best. Imagine who they think is third!

Update: I’m told that this belief about dinosaurs and humans co-existing is a trap that Evangelicals have found themselves in because they made the mistake of proclaiming that the book of Genesis is literal, i.e., that God created everything in 6 days. So the fact that dinosaurs lived for hundreds of millions of years, not the 5,000 that humans have existed, has to be explained away. Dinosaurs lived for a weekend, I guess, before God decided he screwed up or that he hated them and got rid of them… by the Ice Age… without killing any humans. I wonder if they think that God created and killed dinosaurs, had humans bury them thousands of feet into the Earth so we could power our cars with it and fight over it.

The bailout

My armchair economist analysis of the bailout says that it’s a bad idea. To think this out, I’m going to write my understanding of the problem and see if I can figure out whether the bailout makes sense or not. Bear in mind that I’m really stupid so this could all be wrong (else I got lucky). Most of what I write on this blog is for my own use, now and in the future. I put it out there for my own benefit, not yours. 😉 If you get something useful out of it, great. If not, you were warned.

Continue reading “The bailout”

Call for Palin to drop out

Finally even the conservatives have figured out that Palin is a disaster. It was okay with them when she was just a disaster for the country, but now that they’ve realized she’s a disaster for their party, they’re singing a different tune. The conservative magazine National Review now thinks she should drop out:

bq. If Palin were a man, we’d all be guffawing, just as we do every time Joe Biden tickles the back of his throat with his toes. But because she’s a woman — and the first ever on a Republican presidential ticket — we are reluctant to say what is painfully true. What to do? … Only Palin can save McCain, her party, and the country she loves. She can bow out for personal reasons, perhaps because she wants to spend more time with her newborn. No one would criticize a mother who puts her family first.

Agreed! I think she should just announce that her husband has entered a “Ricky Gervais”: look-alike contest and he needs her support.

Twins: Ricky Gervais + Todd Palin

“My husband has, you know, entered a, umm, important competition, one that is critical to the future of all Alaskans… oh, and as well as Americans and their constituencies and their friends and families, a competition that will decide how closely our people compare to Mr. Gervais and to the people of other countries and faiths and religions and backgrounds and cultures and diversities and I know the American people, including Alaskans, understand how crucial this campaign is to our democracy, and the Constitution, and to our young people and leaders and military and their families so I believe that I must do what is right for my husband in his time of great sacrifice and efforts and provide my love and support and my speeching talents that have helped me very greatly in my career in politics in the great state of Alaska in his endeavor and enterprises on this day and the days to come.”

Palin's foreign policy expertise

Palin said that Alaska’s proximity to Russia gives her foreign policy experience and she was laughed at because, well, it’s an idiotic statement. Now Katie Couric asked her about it and she seemed to dismiss it as just a flippant comment that she’s being made fun of over. Ok, that’d be smart, claim she was taken out of context and move on. But then goes on to defend it!:×3.swf

(She’s so eloquent and coherent, isn’t she?)

Is she implying that Russia invades Alaska often? Or is she implying that they are about to? Does she realize that Russia is our ally? At least she doesn’t seem to think she’s protecting us from Canada.

I wish Couric had asked her if the governors of Washington, Idaho, Montana, North Dakota, Minnesota, Wisconsin, Michigan, New York, Vermont, New Hampshire, Maine, California, Arizona, New Mexico and Texas are all foreign policy experts too since they actually touch other countries. Certainly in her teeny tiny brain they are.

Hell, I can see Puget Sound from my house. That makes me a marine biologist. I’ve seen lots and lots of numbers in my life, that makes me a mathematician… or an economist… or, why not, both! I’ve dropped things, that makes me a physicist. I used soap today, that makes me a chemist. I’m listening to music right now, I’m a musician.

When Sarah Palin’s parents told her she can be anything she wants to be, she took them literally. She is dumb. No wonder Republicans think women are inferior, this is what they consider their best and brightest.