Sunday, September 21, 2008

Financial News This Week






Watching all this financial news makes something come to mind .....



If you jump out of the Empire State Building from the 101st floor, for 100 floors you can actially think you're flying for 1200 feet or so.....That sudden stop will not be too much fun though.





It was a nice flight wasn't it? I know I enjoyed it ----

"Passengers, Thank your for flying Baby Boom Airways..... Prepare for landing, strap on your seat belt - it may be a very rough landing. "




"Ma...... are we there yet?"

Sunday, September 14, 2008

Tina Fey on Saturday night......

I looked forward to Tina Fey "doing" Ms.Palin because they have an uncanny resemblance -- and Tina is such a smart actress .... below are some quotes I really enjoyed from last night -- if you have the time, watch the whole video.



Actress Amy Poehler as Hillary look-a-like says; “I believe that diplomacy should be the cornerstone of any foreign policy” to which Fey-as-Palin responded: “And I can see Russia from my house.”

------------

'Palin' said "Tonight we are crossing party lines to address the now very ugly role that sexism is playing in the campaign,” Fey-as-Palin said.
Poehler-as-Clinton chimed in: “An issue which I am frankly surprised to hear people suddenly care about.”

------------


And on global warming: “I believe global warming is caused by man,” Poehler-as-Clinton said. “And I believe it’s just God hugging us closer,” Fey-as-Palin said.

-----------

Also liked "Hillary" telling the media to 'grow' some and to ask her about dinosaurs... I hope Tina comes back again next week.

Lee Kuan Yew - Singapore -- Leadership

The Following is a transcript of an interview on CNN with former (first) Prime Minister of Singapore.

I really don't know a lot about Singapore, I remember reporters telling us that gum chewing is illegal in Singapore. (A point that is still true from this interview - with one exception). I, for one am going to look into Singapore a little closer because of this leader.

If you can, please try to watch this interesting video on CNN, Fareed Zakaria GPS.

(The interview)
ZAKARIA: When I first met Lee Kuan Yew in 1994, I was absolutely struck by him. Richard Nixon once compared him to legendary statesmen like Disraeli, Bismarck and Churchill. But, Nixon said, he occupies a small stage. That stage doesn't look so small anymore.

Lee Kuan Yew took a small spit of land in Southeast Asia, which became independent in 1965 after great struggle and anguish, with no resources and a polyglot population of Chinese, Malaysian and Indian workers, and turned it into one of the economic centers of the world.

To do this, Lee had to have smart economic policies, but also a shrewd foreign policy that, allied with America, kept China happy, kept Russia and Japan at bay.

This week I sat down with Lee Kuan Yew in Singapore. His son now serves as prime minister, but Lee Kuan Yew is called "minister mentor." And he is still indisputably the father of Singapore.

I was struck by the depth of his understanding of the world -- China, Russia and the United States -- all at age 85.

ZAKARIA: You have achieved remarkable success for Singapore in your lifetime. You've seen it go from a tiny, poor, backward, Third World country to one of the richest countries in the world.

But lots of people feel that you have been -- you have exercised too tight a control, that you should have opened things up more, that it has been too domineering and coercive a state.

What do you say to that?

LEE KUAN YEW, FORMER PRIME MINISTER OF SINGAPORE: I say, ask my people. They are given the vote. It's secret.
Nobody has ever alleged any chicanery -- no bribery, no coercion, no nothing. We have never won less than 60, two-thirds of the vote.

ZAKARIA: But it's difficult for opposition parties to form and...
LEE: It is not the business of the government to enable the opposition party to overturn us. Right?

Do you expect the Republicans to help the Democrats to overturn them?

ZAKARIA: No, but leave aside even just the issue of political competition. I just mean you have laws, for example, that allow random testing of people for drugs. You have, you know, the famous ban against chewing gum, which exercised people's imagination.

Do you feel that you should have let up a little bit?

LEE: No, not at all. Because of that, we are now a safe, secure, fun city. The night scene has been transformed in the last 10, 15 years -- any number of nightclubs, the night life, al fresco dining by the riverside.
ZAKARIA: And people can even chew gum now.

LEE: You need to have a medical certificate to buy gum for those who want to give up smoking and have got to chew some nicotine.

What is it I am trying to do? I am trying to create, in a Third World situation, a First World oasis.

I am not following any prescription given me by any theoretician on democracy, or whatever. I work from first principles, what will get me there -- social peace and stability within the country, no fight between the races, between religions, whatever, fair shares for all, everybody is a homeowner.

I want investments. I've got nothing expect skilled manpower, infrastructure. I build up the infrastructure. I educate the people.

We have the best educated work force anywhere in Asia, and I would say, within another 10 years, anywhere in the world. They're all educated in English, which is our working language, and they keep their mother tongue, whether it's Chinese, Malay or Tamil, Urdu, or whatever.
Must I follow your prescription to succeed? Do I want to be like America? Yes, in its inventiveness and its creativeness.

But do I want to be with America, like America, with its inability to control the drug problem? No. Or the gun problem? No.
These are my choices. I go by what is good governance. What are the things I aim to do? A healthy society that gives everybody a chance to achieve his maximum.

ZAKARIA: What do you think of the American campaign, watching it from Singapore?
LEE: What can I say? It's fascinating.

Suddenly, Senator McCain produces this governor from Alaska, Palin, and is leading in the polls, and she's a hit. The first flush, she was a disaster.

ZAKARIA: What do you want from the next president?

LEE: Engagement with the world. Keep trade going. Don't backtrack, or you'll put yourself at a disadvantage and put the world at a disadvantage, and you make conflicts more likely.

Try and maintain a balance, so that peace and stability is assured without more conflicts.

ZAKARIA: One thing you've been critical of the United States of in the past has been its efforts to spread democracy around the world. You were critical of it when it was Bill Clinton's America, leave alone the freedom agenda of George Bush.

What do you object to in that push?

LEE: No, I don't -- I don't think it's doable. I'm a social Darwinist.

ZAKARIA: Survival of the fittest.

LEE: No. The survival requires you to change. If you don't change, then you are marginalized and you will become extinct.

ZAKARIA: But do you look at the way in which the United States has been trying to push democracy around the world...

LEE: Yes.

ZAKARIA: ... and you say...

LEE: Where have you succeeded? You went to Haiti in nation- building. And I was just listening to a BBC on Haiti recently. I mean, it's just undoable.

ZAKARIA: And we will be back.
ZAKARIA: What about Iraq? What do you think?

LEE: I was in favor of getting rid of Saddam Hussein. I did not believe it was possible to reconstitute Iraq as a democracy. I still do not believe that is possible.

ZAKARIA: So, what do you think will happen?

LEE: I think some compromise must be reached between the Shias and Sunnis and the Kurds to share the oil wealth and to share the country. And that is possible.

But whether it is democracy, or whether it's a bargain between tribal chieftains, that's a different matter.

You're going to bring democracy to Afghanistan? They have been warring with each other for hundreds of years. They enjoy warring with each other. Thirty-plus years ago they killed a king who was nominally holding the country together, and it's been shattered ever since.

How do you restore the writ of Kabul? By some 30,000 NATO troops, ISAF, and a few more brigades of Marines or special forces?

The Russians had 140,000 boots on the ground with tanks, helicopters and the lot. And they left.

I think nation-building is not doable. I mean, are you going to do nation-building in Pakistan? If you can't get Pakistan right, you will never get Afghanistan right.

That Durand Line was arbitrarily drawn by the British between the Northwest Frontier Provinces and Afghanistan. They are the same tribes, brothers, cousins -- porous borders. They're in and out.

Now you've not only got Talibans, you've got Pakistanis joining the Talibans -- or that's the latest intelligence that I've been reading.

It can go on for decades. Do we want to be in Afghanistan for decades?

ZAKARIA: A lot of people look at the Russian attack on Georgia and say this is the return of a kind of dark era of geopolitics.

How do you view it?

LEE: The country is booming, has got enormous oil wealth. But the underlying problems are enormous. The system is no longer the Soviet system, where you press a button and things move across the country.

The corruption will take quite some time to put right -- maybe a very long time. I don't know.
The population is not on the increase, in spite of all kinds of incentives. And the incentives will only work in the cities.

So, if you look at the long-term trends, it's 140 million Russians, who will go down to 120, 110 in 2050. How do you become a threat with just nuclear weapons?

ZAKARIA: Has America handled this crisis well?

LEE: It shouldn't have led to this crisis.

You are dealing with a very adventurous leader in Georgia, and he acted in a very unwise fashion. It was just too silly for words.
What was the point? What was he trying to score?

And bad intelligence, because good intelligence -- what I read of the intelligence reports -- the Russian troops were there, ready. And if good intelligence, they would know what the reaction would be, and they would have blocked the tunnel, blown up the tunnel, and prevented the tanks from coming in.
This is just bungling. And...
ZAKARIA: By Washington also, because we should have managed this better?
LEE: I do not want to guess why the Americans were so keen to bring Georgia into NATO. But at Bucharest, when the NATO meeting was held, Americans should have known that it wasn't warmly received by the people who would be on the front line, if ever there's a conflict. And the Russians know that.

ZAKARIA: And we will be back.
ZAKARIA: When the world saw the Beijing Olympics, and they saw the opening ceremonies, they saw a kind of birth of a new great power. How should we think about it? Should we be apprehensive?

LEE: What we saw -- and I was there with a lot of other of the VIPs -- was a reflection of their capabilities, their potential. It's not what they have achieved industrially or technologically. This was a show that they had seven years to prepare for. And they were carefully thoughtful about what they wanted to present to the world. They wanted to remind the world that they are an old civilization, 5,000 years. They discovered gun powder, paper, movable type, printing. They built the Great Wall.

That's the kind of capabilities for disciplined effort that built the Great Wall, the Grand Canal, and eventually will build them a technological society.

ZAKARIA: So you don't worry about them.

LEE: What do they want? Every year they know they are closing the gap. That gap is a huge one.

ZAKARIA: Technologically between them and the West.

LEE: Technologically and industrially.

I mean, what you see along the coastal provinces is just about 20, 30 percent of the population, the advantaged part of China. If you go to the inland parts, you will see a very different China.

So they know that to catch up is 30, 40, 50 years. So, let's not quarrel with anybody. That would abort the whole process.

Every year they grow stronger economically, industrially, catching up technologically. Any external problems will diminish their growth.

What do they have to worry about? Internal problems, social unrest, disparity in development, wages, farmers against the city dwellers, and so on.

The danger comes when you have, say, in 20 years a new generation that didn't go through the Cultural Revolution, never went to the Long March, and who believe that China has arrived. So, this is a new phase they are moving into.

And worldwide problems -- the biggest problem of all is climate change, energy.

ZAKARIA: Do you think the Chinese will be willing to reduce their own CO2 emissions, which would involve in some way placing limits on their growth? It doesn't seem that they are willing to do it.

LEE: For the time being, I think they are hoping it's not so bad. Per capita, their consumption is so low compared to the Americans.

But when the glaciers in the Tibetan Plateau, in the Himalayas melt away, and they are doing it at about four meters per year, and the big rivers that feed off these glaciers become seasonal only with rain, and that affects their crops and their farmers along the river basin, I think they'll have to sit back and ask themselves, do you want this huge upset in your demography? Do you want Shanghai and their coastal cities to be inundated? So, I hope the message -- the penny will drop within five to 10 years.

You look at the way the Chinese are spread across the world -- not just in Asia, you know, all over, Arabia -- all Chinese workers construct. What is it you want? New palace? New conference hall? New airport?

They've got 1,300 million people. You've only got 300 million. So, they've got four times your number. So, and they are using those numbers.

Every mission they have in Southeast Asia, their diplomats speak the language of the country. And in the Gulf, when I went there, I found that every mission, the Chinese mission speaks perfect Arabic. And I'm sure they do the same in Latin America and in Africa.

ZAKARIA: This is sounding like a power to be feared.

LEE: No, no. This is an ancient power that kept its language skills. This is not a new power. This is an old power revived. That was the lesson I took from the opening of the Olympics.

ZAKARIA: You turn 85 tomorrow. Is there a lesson? What are the secrets to longevity and success?
LEE: Your life span depends on what you've inherited from the two helixes you got from your mother and father. My father lived to 94. My mother died at 74 with some heart problems. I had my first heart problem when I was 74 in 1996.
Fortunately, unlike her time, they could do an angioplasty and a stent. So that solved it.
The day before yesterday I had atrial flutter, so I don't think I'll reach my father's 94.

ZAKARIA: But you're going strong. I mean, you could...

LEE: But day after tomorrow, something could go wrong with the ticker, and then, that's that.

ZAKARIA: Do you have any regrets?

LEE: No. I've discharged what I had to do. As long as -- every day is a bonus.

I take every day as it comes. I see the sun rise, I see the sun set. I eat less than I want to. I swim and I cycle. I sleep well of nights, and I enjoy my work.

But 70 to 80 percent is what I inherited from my parents.

ZAKARIA: Lee Kuan Yew, a great pleasure to see you.

LEE: Thank you.

Thursday, September 11, 2008

Populist?

Lots of people on television seem to be calling McCain-Palin "populists" all of a sudden. Wow, this is not a term that I have seen used much in my lifetime. (60 years) This is something I studied in history regarding the beginning on the last century - "the elites" vs. "the people" - trade unions - railroad barons..... Big business, little people... , Hooverism vs. New Deal....

Now it is field dressing a moose? Now it is spouse that is a fisherman? Now it is a car pool, hockey mom ---- vs. the ____________________(fill in the blank).

The devil's own spawn, said - "She's a populist," Karl Rove on Fox TV.

Some talking head on CBS said she was a "populist" --

I might like someone -- my neighbor might like someone -- we might decide we both like someone for the same reason, we talk around and everyone seems facinated by the same person........ That does not mean that that person is a populist, it might mean that she is popular or even a curiosity.... but it does not mean she is a populist.

Just Rambling - 'how you gunna keep 'er, down on the farm - after she sees Pair-ee"!




Of course, I have to remember, we are voting for President in November, not Potential President, and there’s no reason to believe that a Potential President Palin would have significant influence over policy in a McCain Administration.



(Even if Chaney did have a lot of influence on the current President Bush -- but she could.)



And maybe, if the Moose Hunter gets the Potential President job, and moves to the big city, she will experience the big world and find out she is not so sure about things. People do that, you know. From my life experience it was easier for me to be cock sure about the world before I had seen it, and when I felt I had control over all of what mattered to my family and I.

But, don't you think that, just being in Washington D.C. could expose her to things her family has never had to deal with. She will see poverty on a grand style -( much bigger than the local church can deal with by throwing a food drive); Violence, drug use, illiteracy, multi-generational dependence on social resources -- remember, this is a city that re-elected a mayor who was affected by drugs. 55% of the population in Washington DC is African American; Whites are a very small minority; One third of the population of Washington DC is functionally illiterate; according to Wikipedia the murder rate has declined to 169 for 2006. (The Alaska Law Enforcement Agency reported that the whole state of Alaska reported 36 murders in 2006 --- 36 for the whole state!).

What I am saying is that the good part of getting a Potential Presidential Candidate that has not been out of her own small town much is that there is a potential for learning. Maybe she will really be a 'loose cannon' and when she sees that she can't just send her kids off to school, or let them go out and do things -- (I know, I know -- the Secret Service are pretty good baby sitters) -- okay, so maybe if she lives in a town where the local news on the TV is about more than Salmon - she will start thinking about a world bigger than her self.

Maybe with the travel of campaigning she will see that people who will lose their houses this year, or have to stay in houses that are in lousy neighborhoods - or see people who are functionally illiterate but having children because they don't know about choice, or maybe do and don't have the money for "the pill"; maybe she will meet people who are less afraid of Al Qaeda than where food will come from next month; Working people, of every economic and educational group, who are making choices between filling prescriptions and making house payments.

I know I am probably a twit that I have a fantasy that the possibility that becoming part of Washington’s power centers will change Palin enough that she will see that her record will be meaningless if she ever does become President - or even Vice President. I have a vision where one day she will see that she needs to grow and grow FAST!

I guess McCain but he could have done worse -- but not much. The one good thing I see is that it might be hard to keep her down on the farm - after she see Pair--ee!

Service and Parenting (II)

I just realized that I left off part of my "point" about answering questions about 'whose going to watch the kids, honey?" And that omission probably says something about me -- I will work on it.

When I first started that other blog I was going to also make the point that every candidate that is offering to give up 100% of their time to service, (Like President and potential Presidents)-- should actually be required to fill out Parenting Plans (like they fill out financial disclosures) -- but that because this never came up before (compare to Desert Storm) -- no one ever thought of it.

So, since Mr. Obama, Mr Biden, and Mr. McCain are also candidates - they should just fill out the papers too. As should all candidates from now forward...

Tuesday, September 9, 2008

Ballad of Sarah Palin

Sing along to the tune of Davy, Davy Crockett ...


You can see the actual music video here:

Born in a Hospital in Idaho
Didn't meet McCain until a week ago
Now she might be our next V.P.
She openly admits that she used to smoke weed
Now she lives in the coldest state
Her husband took her fishing on their very first date
They got married and had five kids
She was doing politics, while he was catching squids

Sarah, Sarah Palin...........
Queen of the Alaskan Frontier

A card carrying member of the N.R.A.
Disagree with her, and she'll blow your ass away
Sarah's very fond of shooting MooseBald Eagles, Puppies, and even a Goose
Sarah isn't known for trying to conserve
She wants to drill for oil in a protected reserve
Doesn't support abortion, or being gay
Its not her fault, just the Republican way

Sarah, Sarah Palin..........
Queen of the Alaskan Frontier

And now we've come to the end of the song
Alaska's Governor is a Hockey Mom
Sarah soon will make history
As the first gun totin', nut job, female V.P.

Sarah, Sarah Palin..........
Queen of the Alaskan Frontier
Sarah, Sarah Palin..................
Queen of the Alaskan Frontier


The Ballad of Sarah PalinSong
Written, Directed, and Performed by Mason Storm
Produced by Warpedcorp




Monday, September 8, 2008

CBS local affiliate report on Troopergate in Alaska

She may be an *"Evil Doer"...........













*Did you ever think about the term "Evil Doer"? Do you think Bush was just told not to use the words "Bad Guy" and he put the word "bad" into his computer's thesaurus and came up with "evil" -- then added doer on his own?

Gynecological Reasons to vote for Sarah Palin

NONE
what are they thinking?

Saturday, September 6, 2008