Tuesday, August 31, 2010
I have just returned from PATTAYA and the experience was the most PHENOMINAL I have ever experienced. My name is Stuart Mills from Australia age 47.
I have just returned from PATTAYA and the experience was the most PHENOMINAL I have ever experienced. My name is Stuart Mills from Australia age 47.
My stay was one as would be treated as royalty by the people of this friendly environment.
I stayed only a very short time and during this period, I was given many insights in a very positive way to the people and the culture of this land.
With 3 inch mini skirts abounding in greatest of quantity, men will never be of the experience of loneliness among these most beautiful ladies that are simply put, MODELS and SUPER MODELS and are eager to treat a man as a man should be treated, as long as you respect the ladies and yourself, anything your desires can wish for with these ladies will be possible.
But please use common sense as they are looking for the most part, not all of them, but for the most part of them at you as a WALKING TELLER MACHINE so if you do fall in love, which will happen, then please be very careful at your choice of partner.
I have found that the more mature ladies will treat you not so much better but with more cultural caring, as they have been through the corridors of time and experiences and definitely know the ropes and because there is so much competition within the ladies then the more mature realise this and they are more willing to be with you in a relationship for you and not just your wallet, please, some of the younger ladies are of this quality as well, but for the most part if you find a lady about 28 to 35, then she will definitely know the ropes and know how to treat a man.
I say this with all respect to all the ladies of Pattaya. (yes they are ladies so treat them as such and they will treat you as a king. Disrespect them and believe me you will know the wroth of them)
A point to remember as well is to barter, with the ladies as this I have found is to be expected, and never come down more than half the price they initially ask
(The prices are cheap anyway and yes, they have to live as you and I do so please be fair when you do barter, these people are so poor so do not take advantage too much as this will offend them as it would offend you if you had a family to feed in this country and you were from this country.. simply put, be fair and they will recipricate in same.
DENTAL... Wow this is a beauty, Ii went to my dentist here in Australia in March 2006, (This year and enquired on dental work I required, simply in Australia for the same dental work $25,000) Screw in teeth needed (5 of them , $5000 each tooth)
Pattaya price only $ 3000 TOTAL for the same work done, so if you need any dental work done, and you can wait for your visit to the dentist then definitely wait as the savings are phenomenal.
$ 25,000 or $ 3000 ( hmmmm don't have to be a rocket scientist to work that one out.!)
OK food in Australia example ...T Bone steak salad and chips plus 2 scotch and coke, cost approx in Australia about $ 40 for this meal and beverage.
In Pattaya, approx ...$3 (YES I did say 3)
Once again rocket science is not my forte but hey I have been there so you decide!
If this is only your 1st trip then you will find you will have a magnificent time if you forget Western Culture, (took me about a week)
DO NOT wear or take expensive jewellery with you when you go out as this will only attract the POSSIBLE wrong type of person along your journey. Lock all valuables in the hotel safe and make sure they secure it in the safe within an envelope and get them to put tape over the seal and then sign the seal tape. It is simply a safety precaution for anywhere you wish to travel, even within your own country.
OK enough of all that.
Go enjoy, relax, do your own thing. So long as She or He is over 16, they do have laws there too and are very stringent and NO DRUGS, repeat "NO DRUGS AT ALL", check with your doctor before you leave your country of origin as you may be able to get a letter from your doctor for prescriptions only but even then they may be confiscated.
If you like the inside of prison instead of your hotel room or maybe even death for just a quarter of a matchbox of marijuana. Yes, death, bullet, not breathing then please do no blame anybody but yourself because you are the dickhead for taking illegal drugs into paradise.
Don't muck it up for your death. So declare every prescriptions at customs before you depart your country.
All aside from all the gory stuff and things you must be aware of you will find, the people and places of Thailand, Pattaya are there for your greatest pleasures to enjoy, so have a great time.
I am retiring there, in a few months time. I only came back to Australia to work so I can go back to the place I now call home...." PATTAYA"
Enjoy.
Submitted by : Stuart Mills
11-June-06
My stay was one as would be treated as royalty by the people of this friendly environment.
I stayed only a very short time and during this period, I was given many insights in a very positive way to the people and the culture of this land.
With 3 inch mini skirts abounding in greatest of quantity, men will never be of the experience of loneliness among these most beautiful ladies that are simply put, MODELS and SUPER MODELS and are eager to treat a man as a man should be treated, as long as you respect the ladies and yourself, anything your desires can wish for with these ladies will be possible.
But please use common sense as they are looking for the most part, not all of them, but for the most part of them at you as a WALKING TELLER MACHINE so if you do fall in love, which will happen, then please be very careful at your choice of partner.
I have found that the more mature ladies will treat you not so much better but with more cultural caring, as they have been through the corridors of time and experiences and definitely know the ropes and because there is so much competition within the ladies then the more mature realise this and they are more willing to be with you in a relationship for you and not just your wallet, please, some of the younger ladies are of this quality as well, but for the most part if you find a lady about 28 to 35, then she will definitely know the ropes and know how to treat a man.
I say this with all respect to all the ladies of Pattaya. (yes they are ladies so treat them as such and they will treat you as a king. Disrespect them and believe me you will know the wroth of them)
A point to remember as well is to barter, with the ladies as this I have found is to be expected, and never come down more than half the price they initially ask
(The prices are cheap anyway and yes, they have to live as you and I do so please be fair when you do barter, these people are so poor so do not take advantage too much as this will offend them as it would offend you if you had a family to feed in this country and you were from this country.. simply put, be fair and they will recipricate in same.
DENTAL... Wow this is a beauty, Ii went to my dentist here in Australia in March 2006, (This year and enquired on dental work I required, simply in Australia for the same dental work $25,000) Screw in teeth needed (5 of them , $5000 each tooth)
Pattaya price only $ 3000 TOTAL for the same work done, so if you need any dental work done, and you can wait for your visit to the dentist then definitely wait as the savings are phenomenal.
$ 25,000 or $ 3000 ( hmmmm don't have to be a rocket scientist to work that one out.!)
OK food in Australia example ...T Bone steak salad and chips plus 2 scotch and coke, cost approx in Australia about $ 40 for this meal and beverage.
In Pattaya, approx ...$3 (YES I did say 3)
Once again rocket science is not my forte but hey I have been there so you decide!
If this is only your 1st trip then you will find you will have a magnificent time if you forget Western Culture, (took me about a week)
DO NOT wear or take expensive jewellery with you when you go out as this will only attract the POSSIBLE wrong type of person along your journey. Lock all valuables in the hotel safe and make sure they secure it in the safe within an envelope and get them to put tape over the seal and then sign the seal tape. It is simply a safety precaution for anywhere you wish to travel, even within your own country.
OK enough of all that.
Go enjoy, relax, do your own thing. So long as She or He is over 16, they do have laws there too and are very stringent and NO DRUGS, repeat "NO DRUGS AT ALL", check with your doctor before you leave your country of origin as you may be able to get a letter from your doctor for prescriptions only but even then they may be confiscated.
If you like the inside of prison instead of your hotel room or maybe even death for just a quarter of a matchbox of marijuana. Yes, death, bullet, not breathing then please do no blame anybody but yourself because you are the dickhead for taking illegal drugs into paradise.
Don't muck it up for your death. So declare every prescriptions at customs before you depart your country.
All aside from all the gory stuff and things you must be aware of you will find, the people and places of Thailand, Pattaya are there for your greatest pleasures to enjoy, so have a great time.
I am retiring there, in a few months time. I only came back to Australia to work so I can go back to the place I now call home...." PATTAYA"
Enjoy.
Submitted by : Stuart Mills
11-June-06
In October 2006, the English-language version of the Russian newspaper Pravda reported that Irina Abramovich (the wife of Russia’s richest man, Roman
In October 2006, the English-language version of the Russian newspaper Pravda reported that Irina Abramovich (the wife of Russia’s richest man, Roman Abramovich) was preparing a divorce which could theoretically have entitled her to receive $9 billion--approximately half of her husband’s estimated $18 billion personal fortune (although she had requested to be awarded all of his current estate).
Monday, August 30, 2010
freebsd 8.1 amd64 on home desktop with ra73 usb wireless nic aka rum0
# history
1 21:05 df -h
2 21:05 top
3 21:06 which xterm
4 21:06 mv /usr/local/bin/xterm /usr/local/bin/xterm.orig
5 21:06 vi /usr/local/bin/xterm
##[root@ ~]# cat /usr/local/bin/xterm
##/usr/local/bin/xterm.orig -fa 14 -sl 1000 &
6 21:07 chmod 755 /usr/local/bin/xterm
7 21:07 pkg_add -r firefox3
8 21:07 pkg_add -r firefox
9 21:09 pkg_add -r irssi
10 21:10 pkg_add -r wget
11 21:10 pkg_add -r rsync
12 21:10 pkg_add -r python
13 21:10 python -V
14 21:13 pkg_add -r bash
15 21:16 mkdir /usr/ports
16 21:17 portsnap fetch && portsnap extract && freebsd-update fetch && freebsd-update install
17 21:23 uname -a
18 21:25 man tzsetup
19 21:26 tzsetup
20 21:26 date
21 21:27 vi /etc/rc.conf
22 21:29 man rc.conf
23 21:30 vi /etc/rc.conf
24 21:34 history
# cat /etc/rc.conf
# -- sysinstall generated deltas -- # Mon Aug 30 13:47:59 2010
# Created: Mon Aug 30 13:47:59 2010
# Enable network daemons for user convenience.
# Please make all changes to this file, not to /etc/defaults/rc.conf.
# This file now contains just the overrides from /etc/defaults/rc.conf.
moused_enable="NO"
sshd_enable="YES"
ntpd_sync_on_start="1"
wlans_rum0="wlan0"
ifconfig_wlan0="WPA DHCP"
# tail /etc/wpa_supplicant.conf
# configured by disabling workarounds with eap_workaround=0.
# Example blocks:
# Simple case: WPA-PSK, PSK as an ASCII passphrase, allow all valid ciphers
network={
ssid="fats"
psk="SECRET PASSWORD BITCH"
priority=5
}
service netif start
note rum0 is my usb nic
I got xorg going with pkg_add -r xorg
then su -
X -configure
mv xorg.blah to /etc/X11/xorg.conf
vi xorg.conf and add:
Section "ServerFlags"
Option "AutoAddDevices" "False"
Option "AllowEmptyInput" "False"
EndSection
1 21:05 df -h
2 21:05 top
3 21:06 which xterm
4 21:06 mv /usr/local/bin/xterm /usr/local/bin/xterm.orig
5 21:06 vi /usr/local/bin/xterm
##[root@ ~]# cat /usr/local/bin/xterm
##/usr/local/bin/xterm.orig -fa 14 -sl 1000 &
6 21:07 chmod 755 /usr/local/bin/xterm
7 21:07 pkg_add -r firefox3
8 21:07 pkg_add -r firefox
9 21:09 pkg_add -r irssi
10 21:10 pkg_add -r wget
11 21:10 pkg_add -r rsync
12 21:10 pkg_add -r python
13 21:10 python -V
14 21:13 pkg_add -r bash
15 21:16 mkdir /usr/ports
16 21:17 portsnap fetch && portsnap extract && freebsd-update fetch && freebsd-update install
17 21:23 uname -a
18 21:25 man tzsetup
19 21:26 tzsetup
20 21:26 date
21 21:27 vi /etc/rc.conf
22 21:29 man rc.conf
23 21:30 vi /etc/rc.conf
24 21:34 history
# cat /etc/rc.conf
# -- sysinstall generated deltas -- # Mon Aug 30 13:47:59 2010
# Created: Mon Aug 30 13:47:59 2010
# Enable network daemons for user convenience.
# Please make all changes to this file, not to /etc/defaults/rc.conf.
# This file now contains just the overrides from /etc/defaults/rc.conf.
moused_enable="NO"
sshd_enable="YES"
ntpd_sync_on_start="1"
wlans_rum0="wlan0"
ifconfig_wlan0="WPA DHCP"
# tail /etc/wpa_supplicant.conf
# configured by disabling workarounds with eap_workaround=0.
# Example blocks:
# Simple case: WPA-PSK, PSK as an ASCII passphrase, allow all valid ciphers
network={
ssid="fats"
psk="SECRET PASSWORD BITCH"
priority=5
}
service netif start
note rum0 is my usb nic
I got xorg going with pkg_add -r xorg
then su -
X -configure
mv xorg.blah to /etc/X11/xorg.conf
vi xorg.conf and add:
Section "ServerFlags"
Option "AutoAddDevices" "False"
Option "AllowEmptyInput" "False"
EndSection
MSNBC SWEARS TO ALLAH THAT OBAMA'S NOT A MUSLIM August 25, 2010 MSNBC's Monday programming was dedicated to denouncing Sen. Mitch McConnell's respon
MSNBC SWEARS TO ALLAH THAT OBAMA'S NOT A MUSLIM
August 25, 2010
MSNBC's Monday programming was dedicated to denouncing Sen. Mitch McConnell's response to a question about whether Obama is a Muslim.
McConnell said: "We all have to rely on the word of (Barack Obama) -- something about as reliable as a credit default swap."
No, I'm sorry, that's what The Atlantic's Andrew Sullivan said about whether Trig Palin was really Sarah Palin's child.
McConnell responded by demanding that Obama be fired -- or at least have his security clearance suspended.
No, no -- wrong again: That was Sen. John Kerry and Sen. Chuck Schumer, respectively, not taking Karl Rove at his word when he said he had not released Valerie Plame's name to the press. (It turned out Rove was telling the truth; it was Richard Armitage, and it wasn't a crime.)
What McConnell actually said in response to the Muslim question was: "The president says he's a Christian. I take him at his word. I don't think that's in dispute."
Over at MSNBC, that's Republican code for: "He's a Muslim!"
North Korean TV's Ed Schultz hysterically babbled: "McConnell gave cover. That's what he did. He gave cover to all those low information voters out there who still believe this garbage about President Obama being a Muslim. ... The Republican leadership just loves to feed the fire."
Chris Matthews was so impressed with Schultz's nonsensical argument that he spent the entire hour on NKTV's "Hardball" making the same one: McConnell had expressed insufficient fervor when he said he believed Obama was a Christian! (Perhaps if McConnell had added something about a thrill running up his leg ...)
The statement "I take him at his word," Matthews said, was a "pitch-perfect dog whistle to the haters." He continued: "Yes, sure, whatever he says. Right. This is not about belief. It's an accusation that President Obama is not one of us. The right wing's attempt to de-Americanize the president."
What else is there besides Obama's word? If Obama suddenly announced that he was a Muslim -- or a Buddhist -- what evidence would Matthews cite to prove him wrong?
Meanwhile, liberals absolutely refuse to take Republicans at their word when they identify their own children. Or deny leaking a low-level CIA functionary's name to the press.
Or when they deny they are racists.
Indeed, Matthews' guest, Howard Fineman of Newsweek, accused the entire state of Kentucky of bigotry to explain McConnell's "crafted" words.
Kentucky, Fineman said, is "a state where the nativist appeal outside of Louisville really works big-time." The Republicans, he said, are "going to use whatever fear message they can. It's aimed at Kentucky, for sure."
I believe the Bluegrass state has just been called "nativist" without any evidence at all! Was Kentucky's father a nativist? Was it educated in a nativist madrassa as a child? Did Kentucky just endorse the idea of a nativist cultural center at Ground Zero?
On the following night's "Hardball," Tuesday, Matthews and his guest, The Chicago Tribune's Clarence Page, refused to take Glenn Beck at his word when he said that he picked the day for his Lincoln Memorial rally without realizing it was the 47th anniversary of Martin Luther King's "I Have a Dream" speech. (Everybody knows the 47th anniversary is the big one!)
Accusations of racism apparently do not require the ironclad proof demanded for accusations that someone is a Muslim.
And there's a lot more evidence that Obama's a Muslim than Republicans are racists. Let's compare:
Evidence for the Proposition That Obama's a Muslim: His father was a Muslim; his mother, an atheist, married two Muslims; he attended a Muslim school in Indonesia from age 6 to 10; and, during the campaign, he proudly posted on his webpage his statement that America is "no longer" a Christian nation, a statement he has repeated as president, while announcing on French TV that America is "one of the largest Muslim countries in the world."
Evidence for the Proposition That Republicans Are Racist: (Nothing so far.)
Evidence for the Proposition That Liberals Lie About Republicans Being Racist: Video of a supporter of Rand Paul's opponent pretending to be a racist Paul supporter; Oregon public school teacher Jason Levin caught operating a website asking liberals to show up at Tea Parties pretending to be right-wing racists; The New York Times' Maureen Dowd claiming she heard Rep. Joe Wilson shout, "You lie, boy!" when he shouted "You lie!" during Obama's speech to a joint session of Congress; and the mainstream media lying about civil rights hero John Lewis being called the N-word 15 times at an anti-ObamaCare protest, with no one ever being able to produce a videotape, despite a $100,000 reward.
If Republicans played by liberal rules, they'd just call Obama a racist, who leaked Valerie Plame's name to the press, is not Sasha's father, and smokes Newports, not Kools.
COPYRIGHT 2010 ANN COULTER
DISTRIBUTED BY UNIVERSAL UCLICK
1130 Walnut, Kansas City, MO 64106
August 25, 2010
MSNBC's Monday programming was dedicated to denouncing Sen. Mitch McConnell's response to a question about whether Obama is a Muslim.
McConnell said: "We all have to rely on the word of (Barack Obama) -- something about as reliable as a credit default swap."
No, I'm sorry, that's what The Atlantic's Andrew Sullivan said about whether Trig Palin was really Sarah Palin's child.
McConnell responded by demanding that Obama be fired -- or at least have his security clearance suspended.
No, no -- wrong again: That was Sen. John Kerry and Sen. Chuck Schumer, respectively, not taking Karl Rove at his word when he said he had not released Valerie Plame's name to the press. (It turned out Rove was telling the truth; it was Richard Armitage, and it wasn't a crime.)
What McConnell actually said in response to the Muslim question was: "The president says he's a Christian. I take him at his word. I don't think that's in dispute."
Over at MSNBC, that's Republican code for: "He's a Muslim!"
North Korean TV's Ed Schultz hysterically babbled: "McConnell gave cover. That's what he did. He gave cover to all those low information voters out there who still believe this garbage about President Obama being a Muslim. ... The Republican leadership just loves to feed the fire."
Chris Matthews was so impressed with Schultz's nonsensical argument that he spent the entire hour on NKTV's "Hardball" making the same one: McConnell had expressed insufficient fervor when he said he believed Obama was a Christian! (Perhaps if McConnell had added something about a thrill running up his leg ...)
The statement "I take him at his word," Matthews said, was a "pitch-perfect dog whistle to the haters." He continued: "Yes, sure, whatever he says. Right. This is not about belief. It's an accusation that President Obama is not one of us. The right wing's attempt to de-Americanize the president."
What else is there besides Obama's word? If Obama suddenly announced that he was a Muslim -- or a Buddhist -- what evidence would Matthews cite to prove him wrong?
Meanwhile, liberals absolutely refuse to take Republicans at their word when they identify their own children. Or deny leaking a low-level CIA functionary's name to the press.
Or when they deny they are racists.
Indeed, Matthews' guest, Howard Fineman of Newsweek, accused the entire state of Kentucky of bigotry to explain McConnell's "crafted" words.
Kentucky, Fineman said, is "a state where the nativist appeal outside of Louisville really works big-time." The Republicans, he said, are "going to use whatever fear message they can. It's aimed at Kentucky, for sure."
I believe the Bluegrass state has just been called "nativist" without any evidence at all! Was Kentucky's father a nativist? Was it educated in a nativist madrassa as a child? Did Kentucky just endorse the idea of a nativist cultural center at Ground Zero?
On the following night's "Hardball," Tuesday, Matthews and his guest, The Chicago Tribune's Clarence Page, refused to take Glenn Beck at his word when he said that he picked the day for his Lincoln Memorial rally without realizing it was the 47th anniversary of Martin Luther King's "I Have a Dream" speech. (Everybody knows the 47th anniversary is the big one!)
Accusations of racism apparently do not require the ironclad proof demanded for accusations that someone is a Muslim.
And there's a lot more evidence that Obama's a Muslim than Republicans are racists. Let's compare:
Evidence for the Proposition That Obama's a Muslim: His father was a Muslim; his mother, an atheist, married two Muslims; he attended a Muslim school in Indonesia from age 6 to 10; and, during the campaign, he proudly posted on his webpage his statement that America is "no longer" a Christian nation, a statement he has repeated as president, while announcing on French TV that America is "one of the largest Muslim countries in the world."
Evidence for the Proposition That Republicans Are Racist: (Nothing so far.)
Evidence for the Proposition That Liberals Lie About Republicans Being Racist: Video of a supporter of Rand Paul's opponent pretending to be a racist Paul supporter; Oregon public school teacher Jason Levin caught operating a website asking liberals to show up at Tea Parties pretending to be right-wing racists; The New York Times' Maureen Dowd claiming she heard Rep. Joe Wilson shout, "You lie, boy!" when he shouted "You lie!" during Obama's speech to a joint session of Congress; and the mainstream media lying about civil rights hero John Lewis being called the N-word 15 times at an anti-ObamaCare protest, with no one ever being able to produce a videotape, despite a $100,000 reward.
If Republicans played by liberal rules, they'd just call Obama a racist, who leaked Valerie Plame's name to the press, is not Sasha's father, and smokes Newports, not Kools.
COPYRIGHT 2010 ANN COULTER
DISTRIBUTED BY UNIVERSAL UCLICK
1130 Walnut, Kansas City, MO 64106
Saturday, August 28, 2010
full state python prevalence layer in memory datastore persistance
http://code.google.com/p/fullstate/
Friday, August 27, 2010
last exorcism is god awful dumb actors with cam corder
how can i not get my money back
hollywood no limit to how low and amaterur they go
500$ and camcorder
I paid 12$
<--sucka
hollywood no limit to how low and amaterur they go
500$ and camcorder
I paid 12$
<--sucka
Thursday, August 26, 2010
Koch Industries Responds to New Yorker Claims Thursday, 26 Aug 2010 07:00 PM Article Font Size Koch Industries has issued a response to a New Yor
Koch Industries Responds to New Yorker Claims
Thursday, 26 Aug 2010 07:00 PM
Article Font Size
Koch Industries has issued a response to a New Yorker magazine article highly critical of the Wichita, Kans.-based conglomerate and its owners, brothers David and Charles Koch.
Among other things, the new article, entitled “Covert Operations: The Billionaire Brothers Who are Waging a War Against Obama,” by Jane Mayer, suggests that Koch has been secretly funding the tea party movement through the Americans for Prosperity Foundation, an organization founded in 2004 by David Koch, the company’s executive vice president who, along with his brother Charles, owns more than 80 percent of the firm.
The New Yorker cites largely unnamed sources to make its claim that the Koch’s have been donating to and organizing the tea party movement.
Americans for Prosperity “has worked closely with the tea party since the movement’s inception,” the New Yorker claims, adding that “by giving money to ‘educate,’ fund, and organize tea party protesters, they have helped turn their private agenda into a mass movement.”
And she quotes an unnamed Republican consultant who said of the tea party movement: “The Koch brothers gave the money that founded it.”
The only problem with this conspiracy theory is that the Koch’s and their foundations have been donating to many pro-free market organizations and think tanks long before Barack Obama came into the White House. And dozens of groups are part of the tea party movement, many of whom have not received a dime in Koch funding.
Koch Industries is the second largest privately held company in the U.S., with interests in a range of industries including petroleum refining, minerals, fertilizers, forest and consumer products and chemical technology. Its subsidiaries include the Georgia-Pacific pulp and paper company.
In its response to the article, Koch issued a statement rebutting the New Yorker piece point by point and blaming the magazine’s approach for the company’s refusal to make David or Charles Koch available.
“We submitted extensive facts and background information to the magazine,” the statement reads. “Given that all we provided did not change the publication’s negative, unbalanced tone and agenda, we declined their requests to speak to Koch executives.”
Here is the full Koch Industries statement, titled “Koch Facts”:
For more than 40 years, Koch companies, the Koch family and their foundations have been publicly devoted to making the world a better place. Unfortunately, both political parties in recent years have advocated government policies and spending that threaten the economic foundations of our families, company and country. In the face of this threat, our increased efforts to advance market-based policy solutions, which history shows drive a society’s productivity, innovation and enhanced quality of life, have attracted negative attention from some who do not support economic freedom.
This site offers an accessible and reliable source of information about our market-based point of view and our responsible operations.
Response to 8/23/10 The New Yorker article
We submitted extensive facts and background information to the magazine. Given that all we provided did not change the publication’s negative, unbalanced tone and agenda, we declined their requests to speak to Koch executives. The story dredges up issues resolved long ago and mischaracterizes our business philosophy and principles, our practices and performance record, and the education efforts and policies we support. Accurate information on many of the issues from this and other recent media and Internet discussion items is below:
Operate safe, clean facilities across Koch companies
We implement EH&S management systems and strive for superior performance and environmental protection. Many of these efforts are about achieving excellent compliance records and minimizing incidents, but there are also considerable results, including 180 environmental and safety awards, that go beyond compliance.
Koch’s refining company, Flint Hills Resources, processes a barrel of crude oil with 60 percent fewer air emissions than the industry average. Flint Hills facilities strive to operate efficiently and in an environmentally responsible manner. Since 1997, the company has reduced its average per-barrel criteria air emissions by 71 percent.
Flint Hills Resources is a recognized leader in reducing flaring at its refineries, reducing flare time by 90 percent since 1997. The company earned a Clean Air award from the EPA.
In Sigurd, Utah, Georgia-Pacific employees developed an innovative solution to reclaim land more efficiently. This process saved more than $41,000 and left the landscape in good condition. The results earned GP an Innovation in Reclamation Award from the State of Utah, awarded on Earth Day 2010.
Serve our communities and those in need
From disaster relief to supporting, via cash donations and employee sweat equity, Habitat for Humanity projects to entrepreneurship education programs for inner city youth, Koch companies support numerous programs aimed at improving the lives of people in their communities.
Donations around the world have helped advance learning and education, improve the quality of life, and support human services and at-risk youth.
Climate change
Long before climate change was a key policy issue, Koch companies and Koch foundations worked to advance economic freedom and market-based policy solutions to societal challenges. A free society and the scientific method require an open, honest airing of all sides, not demonizing and silencing those with whom you disagree. We've strived to encourage an intellectually honest debate on the scientific basis for claims of harm from greenhouse gases. Because it's crucial to understand whether proposed initiatives to reduce greenhouse gases will achieve desired environmental goals and what effects they would likely have on the global economy, we have tried to help highlight the facts of the potential effectiveness and costs of policies proposed.
Greenpeace
The Greenpeace report mischaracterizes Koch companies’ efforts and distorts the environmental record of our companies. Koch companies have long supported science-based inquiry and dialogue about climate change and proposed responses to it. Koch companies have put tremendous effort into discovering and adopting innovative practices that reduce energy use and emissions in the manufacture and distribution of our products.
In addition, Greenpeace's unsubstantiated and inaccurate assertion - that all funds given by Koch Industries and Koch foundations to a broad group of organizations from 2005 through 2008 were focused on climate issues - breaks down immediately upon examination. As the organizations involved have affirmed, they focus on numerous public policy issues and the funding in question supported many projects outside the scope of energy or environmental matters.
Environmental record
While history is an important consideration when assessing anyone’s track record, we continue to see long-settled issues discussed with no context to accurately reflect our current operations. Publicly available data reveals that Koch companies have managed environmental risk well over many years, and earned accolades for those achievements. From wetlands restoration and award-winning habitat preservation projects that apply to the company's ranches as well as refineries to river conservation, they have led and participated in many efforts that have enhanced the environment in their communities and within their fence lines.
2001 Corpus Christi settlement
When Koch entities and employees were charged with 97 counts in 2000, the central issue was not benzene releases. The charges addressed measurement practices and control equipment on pipes and tanks handling waste streams prior to treatment within the refinery. A Clinton-appointed federal judge oversaw the case and, as facts about the case were revealed, it was the Clinton Department of Justice attorneys who dropped the number of counts by nearly 90 percent before the 2001 inauguration of President Bush. These same prosecutors saw the case's continued disintegration -- once their evidence and witnesses were able to be challenged before the judge -- and agreed to a settlement in April 2001 that included dismissing all counts against Koch Industries and the individuals. Koch Petroleum Group pled to just one, non-pollution-related count. That count – alleging a false statement regarding reported information in 1995 – was the original issue the company self-reported to authorities when discovered. The company paid a fine and completed probation.
1996 Pipeline accident
The August, 1996 pipeline accident in Texas was a tragedy. Koch accepted responsibility immediately for the incident, which is the only event of its kind in the company’s history. The thorough review conducted of this pipeline the year before the accident did not uncover any issues that posed a foreseeable threat to public safety. The bacteria-induced corrosion that caused the accident acted more quickly to damage this pipeline than had ever been documented by any industry expert. Koch’s cooperative efforts to identify the source and cause of this problem so that this knowledge could be shared throughout industry were praised by the National Transportation Safety Board, which did a two-year investigation into this incident. Koch Pipeline Company, L.P. has taken lessons learned from this incident and modified its procedures to help avoid any repeat of an accident like this.
Minnesota
Koch Petroleum Group took full responsibility for mistakes and pled guilty to two negligence misdemeanors relating to problems at its Rosemount refinery in 1996 and 1997. These charges involve delays in the cleanup of a tank leak, part of which later appeared in a wetland adjacent to the Mississippi River, and the manner in which refinery waste water was discharged. Koch agreed to pay $6.9 million in 1998 to settle related issues under a stipulated agreement with the Minnesota Pollution Control Agency.
Pipeline settlement
More than 10 years ago, Koch paid $35 million to settle pipeline releases. It's important to note, however, that the reason it was the largest fine to date (it's been eclipsed many times over by now in cases involving other companies) was that it marked the first time the government had bundled multiple incidents – stretching out over nearly 10 years in six states over multiple pipeline systems – into a single enforcement action. Since that time, Koch-operated pipelines have earned numerous state- and federal-level honors for industry-leading records for safe operations.
Oklahoma oil measurement
A U.S. District Judge approved a settlement to end an oil measurement case initiated against Koch Oil as a qui tam action in 1989.
Americans for Prosperity/Citizens for a Sound Economy
Among the hundreds of organizations that have received support from Koch companies and/or the Koch foundations are Americans for Prosperity and Americans for Prosperity Foundation. In 1984, Dr. Richard Fink, Charles and David Koch and Jay Humphries co-founded the Americans for Prosperity Foundation, then known as Citizens for a Sound Economy Foundation. Over time the participants in CSE and the CSE Foundation developed different visions. In 2004, CSE became FreedomWorks and the CSE Foundation was renamed Americans for Prosperity Foundation. AFP Foundation created a 501(c)(4) organization, AFP. AFP and AFP Foundation have grown to more than 1.2 million members in all 50 states, with 30 state chapters and affiliates and more than 65,000 donors. David Koch is chairman of the board for AFP Foundation, which has a citizen-education mission.
AFP and AFP Foundation are legally separate organizations with two separate governing boards. AFP Foundation, which is a 501(c)(3) organization, focuses on citizen education about economic policy and a return of the federal government to its Constitutional limits. AFP, a 501(c)(4) entity, focuses on citizen advocacy. Koch foundations provide no funding to AFP.
John Birch Society and opposition to communism
Fred Koch, who died in 1967, was a supporter, not a founder, of the John Birch Society in the 1950s. His anti-communist sentiment stemmed from time he spent in the Soviet Union between 1929 and 1932 when his engineering company designed and built oil cracking units to be erected in refineries in the U.S.S.R. Fred found the Soviet Union to be "a land of hunger, misery and terror." Virtually all the Soviet engineers he worked with were purged by Stalin, who exterminated tens of millions of his own people. This experience, combined with what his Communist associates told him of their methods and plans for world revolution, caused Fred Koch to become a staunch anti-communist.
Formaldehyde
We believe any/all regulations should be based on sound science. Georgia-Pacific meets standards currently set for formaldehyde in a variety of applications and has provided comments on formaldehyde’s classification as part of the established regulatory development process in the United States. The debate over EPA's recent review of formaldehyde is not simply an industry concern. Several federal agencies have submitted formal comments urging caution and questioning some of the data and information on which EPA's decision was based.
There are numerous indications that the science EPA has employed may not be the best and to make any final decisions prior to the current comprehensive scientific review of formaldehyde by the National Academy of Sciences would be inappropriate.
Government-run healthcare
Innovation drives our country – and in the healthcare field it brings us better treatments, improved procedures and cures for life-threatening diseases. Government takeover of healthcare may stymie innovation, affect medical research negatively and reduce the reimbursements our leading research institutions receive.
© Newsmax. All rights reserved.
Thursday, 26 Aug 2010 07:00 PM
Article Font Size
Koch Industries has issued a response to a New Yorker magazine article highly critical of the Wichita, Kans.-based conglomerate and its owners, brothers David and Charles Koch.
Among other things, the new article, entitled “Covert Operations: The Billionaire Brothers Who are Waging a War Against Obama,” by Jane Mayer, suggests that Koch has been secretly funding the tea party movement through the Americans for Prosperity Foundation, an organization founded in 2004 by David Koch, the company’s executive vice president who, along with his brother Charles, owns more than 80 percent of the firm.
The New Yorker cites largely unnamed sources to make its claim that the Koch’s have been donating to and organizing the tea party movement.
Americans for Prosperity “has worked closely with the tea party since the movement’s inception,” the New Yorker claims, adding that “by giving money to ‘educate,’ fund, and organize tea party protesters, they have helped turn their private agenda into a mass movement.”
And she quotes an unnamed Republican consultant who said of the tea party movement: “The Koch brothers gave the money that founded it.”
The only problem with this conspiracy theory is that the Koch’s and their foundations have been donating to many pro-free market organizations and think tanks long before Barack Obama came into the White House. And dozens of groups are part of the tea party movement, many of whom have not received a dime in Koch funding.
Koch Industries is the second largest privately held company in the U.S., with interests in a range of industries including petroleum refining, minerals, fertilizers, forest and consumer products and chemical technology. Its subsidiaries include the Georgia-Pacific pulp and paper company.
In its response to the article, Koch issued a statement rebutting the New Yorker piece point by point and blaming the magazine’s approach for the company’s refusal to make David or Charles Koch available.
“We submitted extensive facts and background information to the magazine,” the statement reads. “Given that all we provided did not change the publication’s negative, unbalanced tone and agenda, we declined their requests to speak to Koch executives.”
Here is the full Koch Industries statement, titled “Koch Facts”:
For more than 40 years, Koch companies, the Koch family and their foundations have been publicly devoted to making the world a better place. Unfortunately, both political parties in recent years have advocated government policies and spending that threaten the economic foundations of our families, company and country. In the face of this threat, our increased efforts to advance market-based policy solutions, which history shows drive a society’s productivity, innovation and enhanced quality of life, have attracted negative attention from some who do not support economic freedom.
This site offers an accessible and reliable source of information about our market-based point of view and our responsible operations.
Response to 8/23/10 The New Yorker article
We submitted extensive facts and background information to the magazine. Given that all we provided did not change the publication’s negative, unbalanced tone and agenda, we declined their requests to speak to Koch executives. The story dredges up issues resolved long ago and mischaracterizes our business philosophy and principles, our practices and performance record, and the education efforts and policies we support. Accurate information on many of the issues from this and other recent media and Internet discussion items is below:
Operate safe, clean facilities across Koch companies
We implement EH&S management systems and strive for superior performance and environmental protection. Many of these efforts are about achieving excellent compliance records and minimizing incidents, but there are also considerable results, including 180 environmental and safety awards, that go beyond compliance.
Koch’s refining company, Flint Hills Resources, processes a barrel of crude oil with 60 percent fewer air emissions than the industry average. Flint Hills facilities strive to operate efficiently and in an environmentally responsible manner. Since 1997, the company has reduced its average per-barrel criteria air emissions by 71 percent.
Flint Hills Resources is a recognized leader in reducing flaring at its refineries, reducing flare time by 90 percent since 1997. The company earned a Clean Air award from the EPA.
In Sigurd, Utah, Georgia-Pacific employees developed an innovative solution to reclaim land more efficiently. This process saved more than $41,000 and left the landscape in good condition. The results earned GP an Innovation in Reclamation Award from the State of Utah, awarded on Earth Day 2010.
Serve our communities and those in need
From disaster relief to supporting, via cash donations and employee sweat equity, Habitat for Humanity projects to entrepreneurship education programs for inner city youth, Koch companies support numerous programs aimed at improving the lives of people in their communities.
Donations around the world have helped advance learning and education, improve the quality of life, and support human services and at-risk youth.
Climate change
Long before climate change was a key policy issue, Koch companies and Koch foundations worked to advance economic freedom and market-based policy solutions to societal challenges. A free society and the scientific method require an open, honest airing of all sides, not demonizing and silencing those with whom you disagree. We've strived to encourage an intellectually honest debate on the scientific basis for claims of harm from greenhouse gases. Because it's crucial to understand whether proposed initiatives to reduce greenhouse gases will achieve desired environmental goals and what effects they would likely have on the global economy, we have tried to help highlight the facts of the potential effectiveness and costs of policies proposed.
Greenpeace
The Greenpeace report mischaracterizes Koch companies’ efforts and distorts the environmental record of our companies. Koch companies have long supported science-based inquiry and dialogue about climate change and proposed responses to it. Koch companies have put tremendous effort into discovering and adopting innovative practices that reduce energy use and emissions in the manufacture and distribution of our products.
In addition, Greenpeace's unsubstantiated and inaccurate assertion - that all funds given by Koch Industries and Koch foundations to a broad group of organizations from 2005 through 2008 were focused on climate issues - breaks down immediately upon examination. As the organizations involved have affirmed, they focus on numerous public policy issues and the funding in question supported many projects outside the scope of energy or environmental matters.
Environmental record
While history is an important consideration when assessing anyone’s track record, we continue to see long-settled issues discussed with no context to accurately reflect our current operations. Publicly available data reveals that Koch companies have managed environmental risk well over many years, and earned accolades for those achievements. From wetlands restoration and award-winning habitat preservation projects that apply to the company's ranches as well as refineries to river conservation, they have led and participated in many efforts that have enhanced the environment in their communities and within their fence lines.
2001 Corpus Christi settlement
When Koch entities and employees were charged with 97 counts in 2000, the central issue was not benzene releases. The charges addressed measurement practices and control equipment on pipes and tanks handling waste streams prior to treatment within the refinery. A Clinton-appointed federal judge oversaw the case and, as facts about the case were revealed, it was the Clinton Department of Justice attorneys who dropped the number of counts by nearly 90 percent before the 2001 inauguration of President Bush. These same prosecutors saw the case's continued disintegration -- once their evidence and witnesses were able to be challenged before the judge -- and agreed to a settlement in April 2001 that included dismissing all counts against Koch Industries and the individuals. Koch Petroleum Group pled to just one, non-pollution-related count. That count – alleging a false statement regarding reported information in 1995 – was the original issue the company self-reported to authorities when discovered. The company paid a fine and completed probation.
1996 Pipeline accident
The August, 1996 pipeline accident in Texas was a tragedy. Koch accepted responsibility immediately for the incident, which is the only event of its kind in the company’s history. The thorough review conducted of this pipeline the year before the accident did not uncover any issues that posed a foreseeable threat to public safety. The bacteria-induced corrosion that caused the accident acted more quickly to damage this pipeline than had ever been documented by any industry expert. Koch’s cooperative efforts to identify the source and cause of this problem so that this knowledge could be shared throughout industry were praised by the National Transportation Safety Board, which did a two-year investigation into this incident. Koch Pipeline Company, L.P. has taken lessons learned from this incident and modified its procedures to help avoid any repeat of an accident like this.
Minnesota
Koch Petroleum Group took full responsibility for mistakes and pled guilty to two negligence misdemeanors relating to problems at its Rosemount refinery in 1996 and 1997. These charges involve delays in the cleanup of a tank leak, part of which later appeared in a wetland adjacent to the Mississippi River, and the manner in which refinery waste water was discharged. Koch agreed to pay $6.9 million in 1998 to settle related issues under a stipulated agreement with the Minnesota Pollution Control Agency.
Pipeline settlement
More than 10 years ago, Koch paid $35 million to settle pipeline releases. It's important to note, however, that the reason it was the largest fine to date (it's been eclipsed many times over by now in cases involving other companies) was that it marked the first time the government had bundled multiple incidents – stretching out over nearly 10 years in six states over multiple pipeline systems – into a single enforcement action. Since that time, Koch-operated pipelines have earned numerous state- and federal-level honors for industry-leading records for safe operations.
Oklahoma oil measurement
A U.S. District Judge approved a settlement to end an oil measurement case initiated against Koch Oil as a qui tam action in 1989.
Americans for Prosperity/Citizens for a Sound Economy
Among the hundreds of organizations that have received support from Koch companies and/or the Koch foundations are Americans for Prosperity and Americans for Prosperity Foundation. In 1984, Dr. Richard Fink, Charles and David Koch and Jay Humphries co-founded the Americans for Prosperity Foundation, then known as Citizens for a Sound Economy Foundation. Over time the participants in CSE and the CSE Foundation developed different visions. In 2004, CSE became FreedomWorks and the CSE Foundation was renamed Americans for Prosperity Foundation. AFP Foundation created a 501(c)(4) organization, AFP. AFP and AFP Foundation have grown to more than 1.2 million members in all 50 states, with 30 state chapters and affiliates and more than 65,000 donors. David Koch is chairman of the board for AFP Foundation, which has a citizen-education mission.
AFP and AFP Foundation are legally separate organizations with two separate governing boards. AFP Foundation, which is a 501(c)(3) organization, focuses on citizen education about economic policy and a return of the federal government to its Constitutional limits. AFP, a 501(c)(4) entity, focuses on citizen advocacy. Koch foundations provide no funding to AFP.
John Birch Society and opposition to communism
Fred Koch, who died in 1967, was a supporter, not a founder, of the John Birch Society in the 1950s. His anti-communist sentiment stemmed from time he spent in the Soviet Union between 1929 and 1932 when his engineering company designed and built oil cracking units to be erected in refineries in the U.S.S.R. Fred found the Soviet Union to be "a land of hunger, misery and terror." Virtually all the Soviet engineers he worked with were purged by Stalin, who exterminated tens of millions of his own people. This experience, combined with what his Communist associates told him of their methods and plans for world revolution, caused Fred Koch to become a staunch anti-communist.
Formaldehyde
We believe any/all regulations should be based on sound science. Georgia-Pacific meets standards currently set for formaldehyde in a variety of applications and has provided comments on formaldehyde’s classification as part of the established regulatory development process in the United States. The debate over EPA's recent review of formaldehyde is not simply an industry concern. Several federal agencies have submitted formal comments urging caution and questioning some of the data and information on which EPA's decision was based.
There are numerous indications that the science EPA has employed may not be the best and to make any final decisions prior to the current comprehensive scientific review of formaldehyde by the National Academy of Sciences would be inappropriate.
Government-run healthcare
Innovation drives our country – and in the healthcare field it brings us better treatments, improved procedures and cures for life-threatening diseases. Government takeover of healthcare may stymie innovation, affect medical research negatively and reduce the reimbursements our leading research institutions receive.
© Newsmax. All rights reserved.
Top News * College Students Increasingly Choose to Leave Home * Ground Zero Mosque a Memo on Tolerance * Watch Out for Haley Barbour
Top News
* College Students Increasingly Choose to Leave Home
* Ground Zero Mosque a Memo on Tolerance
* Watch Out for Haley Barbour
* Cancer Takes a Friend Too Soon
* Airline Attendants Are There to Keep Us Safe — Period
Sponsors
* Is Your Fish Oil Supplement Slowly Killing You?
* Athena Pheromones Win 19 of 20 Speed-Dating Tests
* Male Enhancement Exposed - Pilot Tells His Secret
* Term Life Coverage for less than $14/month
* Is Your Body Polluted?
* 5 Warning Signs The Rally Could Be Over
* Flush Plaque from your Arteries Fast!
* Turn $5,000 into $1,057,887 in the next 24 months!
* Cholesterol Solution Your Doctor Doesn't Know About
* Is Social Security heading for broke?
* Shocking discovery for amazing joint relief
Home > InsideCover
Print Page | Forward Page | E-mail Us
Rasmussen: Whitman Takes Big Lead in Calif.
Thursday, 26 Aug 2010 12:06 PM
Article Font Size
The tie is broken for now, with Republican Meg Whitman, coming off last weekend’s state GOP Convention, moving out to her best showing yet in the race to be the next governor of California, according to the latest Rasmussen Reports telephone survey of Likely Voters in California.
The latest Rasmussen Reports survey finds Whitman earning 48 percent support, while Democrat Jerry Brown picks up 40 percent of the vote. Six percent prefer some other candidate in the race, and 6 percent are undecided.
These new numbers move California from a Toss-Up to Leans GOP in the Rasmussen Reports Election 2010 Gubernatorial Scorecard.
Early this month, Brown was slightly ahead 43 percent to 41 percent in a contest that has been neck and neck since last September. Brown, currently the state’s attorney general, bounced briefly ahead immediately following the state Democratic Convention in April, but the race tightened again in June after Whitman's Republican primary win.
Prior to the latest numbers, Whitman, the former CEO of eBay, has earned 38-47 percent support in seven surveys back to February. Brown, in those same surveys, has captured 40-46 percent of the vote.
When leaners are included in the new totals, Whitman posts a 51-43 percent lead over Brown. Leaners are those who initially indicate no preference for either of the candidates but answer a follow-up question and say they are leaning toward a particular candidate.
Early in any campaign, the numbers without leaners are generally more significant. Later in a campaign, the numbers with leaners matter more. After Labor Day, Rasmussen Reports will report the numbers with leaners as the primary indicators of the campaign.
Seventy-five percent of those who favor Whitman say they are already certain how they will vote in November. Eighty-two percent of Brown’s supporters say the same.
The survey of 750 Likely Voters in California was conducted on August 24, 2010 by Rasmussen Reports. The margin of sampling error is +/-4 percentage points.
Ninety percent of California Republicans support Whitman, while Brown gets 75 percent of the vote from Democrats in the state. Voters not affiliated with either party prefer the Republican by 10 points.
Whitman is viewed Very Favorably by 19 percent of California voters and Very Unfavorably by 25 percent.
Twenty-five percent have a Very Favorable view of Brown, a longtime political figure in the state and former governor. However, 38 percent regard him Very Unfavorably.
Both candidates are well-known in the state, but at this point in a campaign, Rasmussen Reports considers the number of people with strong opinions more significant than the total favorable/unfavorable numbers.
With California politicians still battling over one of the worst state budget problems in the country, just 26 percent of voters approve of the job GOP Governor Arnold Schwarzenegger is doing. Sixty-nine percent disapprove. Schwarzenegger is term-limited and cannot seek re-election.
* College Students Increasingly Choose to Leave Home
* Ground Zero Mosque a Memo on Tolerance
* Watch Out for Haley Barbour
* Cancer Takes a Friend Too Soon
* Airline Attendants Are There to Keep Us Safe — Period
Sponsors
* Is Your Fish Oil Supplement Slowly Killing You?
* Athena Pheromones Win 19 of 20 Speed-Dating Tests
* Male Enhancement Exposed - Pilot Tells His Secret
* Term Life Coverage for less than $14/month
* Is Your Body Polluted?
* 5 Warning Signs The Rally Could Be Over
* Flush Plaque from your Arteries Fast!
* Turn $5,000 into $1,057,887 in the next 24 months!
* Cholesterol Solution Your Doctor Doesn't Know About
* Is Social Security heading for broke?
* Shocking discovery for amazing joint relief
Home > InsideCover
Print Page | Forward Page | E-mail Us
Rasmussen: Whitman Takes Big Lead in Calif.
Thursday, 26 Aug 2010 12:06 PM
Article Font Size
The tie is broken for now, with Republican Meg Whitman, coming off last weekend’s state GOP Convention, moving out to her best showing yet in the race to be the next governor of California, according to the latest Rasmussen Reports telephone survey of Likely Voters in California.
The latest Rasmussen Reports survey finds Whitman earning 48 percent support, while Democrat Jerry Brown picks up 40 percent of the vote. Six percent prefer some other candidate in the race, and 6 percent are undecided.
These new numbers move California from a Toss-Up to Leans GOP in the Rasmussen Reports Election 2010 Gubernatorial Scorecard.
Early this month, Brown was slightly ahead 43 percent to 41 percent in a contest that has been neck and neck since last September. Brown, currently the state’s attorney general, bounced briefly ahead immediately following the state Democratic Convention in April, but the race tightened again in June after Whitman's Republican primary win.
Prior to the latest numbers, Whitman, the former CEO of eBay, has earned 38-47 percent support in seven surveys back to February. Brown, in those same surveys, has captured 40-46 percent of the vote.
When leaners are included in the new totals, Whitman posts a 51-43 percent lead over Brown. Leaners are those who initially indicate no preference for either of the candidates but answer a follow-up question and say they are leaning toward a particular candidate.
Early in any campaign, the numbers without leaners are generally more significant. Later in a campaign, the numbers with leaners matter more. After Labor Day, Rasmussen Reports will report the numbers with leaners as the primary indicators of the campaign.
Seventy-five percent of those who favor Whitman say they are already certain how they will vote in November. Eighty-two percent of Brown’s supporters say the same.
The survey of 750 Likely Voters in California was conducted on August 24, 2010 by Rasmussen Reports. The margin of sampling error is +/-4 percentage points.
Ninety percent of California Republicans support Whitman, while Brown gets 75 percent of the vote from Democrats in the state. Voters not affiliated with either party prefer the Republican by 10 points.
Whitman is viewed Very Favorably by 19 percent of California voters and Very Unfavorably by 25 percent.
Twenty-five percent have a Very Favorable view of Brown, a longtime political figure in the state and former governor. However, 38 percent regard him Very Unfavorably.
Both candidates are well-known in the state, but at this point in a campaign, Rasmussen Reports considers the number of people with strong opinions more significant than the total favorable/unfavorable numbers.
With California politicians still battling over one of the worst state budget problems in the country, just 26 percent of voters approve of the job GOP Governor Arnold Schwarzenegger is doing. Sixty-nine percent disapprove. Schwarzenegger is term-limited and cannot seek re-election.
Miller: Murkowski May 'Pull a Franken' in Alaska Thursday, 26 Aug 2010 09:05 PM Article Font Size By: David A. Patten Conservative political phe
Miller: Murkowski May 'Pull a Franken' in Alaska
Thursday, 26 Aug 2010 09:05 PM
Article Font Size
By: David A. Patten
Conservative political phenom Joe Miller is warning that the national Republican establishment is dispatching attorneys to aid incumbent Sen. Lisa Murkowski in the looming battle over absentee votes in Alaska's GOP Senate primary, adding: "It concerns us anytime that somebody lawyers up and tries to pull an Al Franken, if you will."
Republican officials confirmed Thursday that Sean Cairncross, the chief counsel for the National Republican Senatorial Committee, is traveling to Alaska to help Murkowski prepare for the absentee-ballot count on Aug. 31.
"We're up against a machine," Miller told Fox News Thursday evening. "Clearly, they're putting their pressure to bear. But I think we're going to prevail in the end."
Miller stunned political insiders Tuesday when he appeared to edge out Murkowski for the GOP Senate nomination, despite the fact that she outspent his campaign by an estimated 10-to-1 margin.
With all Alaskan precincts reporting in, Miller has a 1,668 vote lead. However, an estimated 7,600 absentee ballots remain to be counted.
Some observers have speculated Miller may be at a disadvantage in the absentee balloting, because absentee ballots were mailed in before the last-minute surge in voter sentiment that appeared to put Miller over the top.
But Miller, a West Point graduate who was awarded a Bronze Star in the first Gulf War, told Fox News Thursday evening that "we feel pretty good about those [absentee ballots]."
Explained Miller: "A high percentage of those are military. We've done very well of course with the military given that I'm a vet, obviously very supportive of veterans' issues."
Miller added however that there appears to be "some game-play going on here with the national Republican Senatorial Committee meddling in our primary election."
Miller said his No. 1 concern at this point is to ensure that all votes cast are counted accurately and fairly.
"It concerns us anytime that somebody lawyers up and tries to pull an Al Franken, if you will," Miller told Fox. "We are very concerned that there may be some attempt here to skew the results."
In November 2008, Franken initially trailed incumbent GOP Sen. Norm Coleman by over 700 votes in Minnesota's Senate race. During the marathon recount battle that ensued, Coleman's lead steadily evaporated as ballots were challenged by each side's attorneys. Franken was ultimately declared the victor by 312 votes.
The Associated Press reported Thursday that Murkowski had requested the help of Cairncross in preparing for the upcoming recount.
Miller said he hasn't seen any suspicious vote-counting activity yet, and expressed confidence that he has a volunteer network "second to none" to help him counter any effort to tip the scales. But he made it clear he does not welcome the involvement of the national Republican establishment on behalf of the well-connected Murkowski.
"Lawyering up with a team of folk from the National Republican Senatorial Committee, it makes you scratch your head and say 'What's really going on here?'" said Miller.
Miller told Fox his campaign "can use as much help as we can get, not just by the volunteer base but also by funding."
Asked what resources he plans to rely on, Miller said: "The Alaskan people. That's what's always been behind us. That's why we've polled the results that have amazed people across the United States."
© Newsmax. All rights reserved.
Thursday, 26 Aug 2010 09:05 PM
Article Font Size
By: David A. Patten
Conservative political phenom Joe Miller is warning that the national Republican establishment is dispatching attorneys to aid incumbent Sen. Lisa Murkowski in the looming battle over absentee votes in Alaska's GOP Senate primary, adding: "It concerns us anytime that somebody lawyers up and tries to pull an Al Franken, if you will."
Republican officials confirmed Thursday that Sean Cairncross, the chief counsel for the National Republican Senatorial Committee, is traveling to Alaska to help Murkowski prepare for the absentee-ballot count on Aug. 31.
"We're up against a machine," Miller told Fox News Thursday evening. "Clearly, they're putting their pressure to bear. But I think we're going to prevail in the end."
Miller stunned political insiders Tuesday when he appeared to edge out Murkowski for the GOP Senate nomination, despite the fact that she outspent his campaign by an estimated 10-to-1 margin.
With all Alaskan precincts reporting in, Miller has a 1,668 vote lead. However, an estimated 7,600 absentee ballots remain to be counted.
Some observers have speculated Miller may be at a disadvantage in the absentee balloting, because absentee ballots were mailed in before the last-minute surge in voter sentiment that appeared to put Miller over the top.
But Miller, a West Point graduate who was awarded a Bronze Star in the first Gulf War, told Fox News Thursday evening that "we feel pretty good about those [absentee ballots]."
Explained Miller: "A high percentage of those are military. We've done very well of course with the military given that I'm a vet, obviously very supportive of veterans' issues."
Miller added however that there appears to be "some game-play going on here with the national Republican Senatorial Committee meddling in our primary election."
Miller said his No. 1 concern at this point is to ensure that all votes cast are counted accurately and fairly.
"It concerns us anytime that somebody lawyers up and tries to pull an Al Franken, if you will," Miller told Fox. "We are very concerned that there may be some attempt here to skew the results."
In November 2008, Franken initially trailed incumbent GOP Sen. Norm Coleman by over 700 votes in Minnesota's Senate race. During the marathon recount battle that ensued, Coleman's lead steadily evaporated as ballots were challenged by each side's attorneys. Franken was ultimately declared the victor by 312 votes.
The Associated Press reported Thursday that Murkowski had requested the help of Cairncross in preparing for the upcoming recount.
Miller said he hasn't seen any suspicious vote-counting activity yet, and expressed confidence that he has a volunteer network "second to none" to help him counter any effort to tip the scales. But he made it clear he does not welcome the involvement of the national Republican establishment on behalf of the well-connected Murkowski.
"Lawyering up with a team of folk from the National Republican Senatorial Committee, it makes you scratch your head and say 'What's really going on here?'" said Miller.
Miller told Fox his campaign "can use as much help as we can get, not just by the volunteer base but also by funding."
Asked what resources he plans to rely on, Miller said: "The Alaskan people. That's what's always been behind us. That's why we've polled the results that have amazed people across the United States."
© Newsmax. All rights reserved.
pull a franken lol
http://www.newsmax.com/InsideCover/miller-murkowski-alaska-palin/2010/08/26/id/368532
FACT CHECK: Stimulus assessments overly optimistic
FACT CHECK: Stimulus assessments overly optimistic
Aug 26 09:59 AM US/Eastern
By FREDERIC J. FROMMER
Associated Press Writer
Comments (0) Email to a friend Share on Facebook Tweet this Bookmark and Share
In this Aug. 24, 2010, photo, Vice President Joe Biden speaks on the effects...
Vice President Joe Biden greets workers at Pete's New Haven Style Apizza...
Vice President Joe Biden, seated at right, talks with local workers and...
WASHINGTON (AP) - The Obama administration claimed this week that $100 billion invested in innovative technologies under the economic stimulus law is "transforming the American economy" by putting the nation on track for technological breakthroughs in health care, energy and transportation.
But an examination of details in the 50-page report unveiled Tuesday by Vice President Joe Biden reveals something a bit different: a collection of rosy projections that ignore many of the challenges, pitfalls and economic realities in all those areas.
A look at how the administration's claims compare to the facts:
___
EDITOR'S NOTE—An occasional look at government assertions and how well they adhere to the facts.
___
Increasing renewable energy
The claim: Thanks to the stimulus, the United States is on track to "doubling U.S. renewable energy generation capacity and U.S. renewable manufacturing capacity by 2012."
The facts: While the Recovery Act has helped increase renewable energy, the fact that it is a one-time jolt makes it difficult to project that the growth will continue for the next couple of years. George Sterzinger, executive director of the Renewable Energy Policy Project, a Washington think tank that promotes renewable energy, said the Recovery Act's cash grant program for renewable energy projects "jump-started a lot of stuff. But there's nothing beyond that."
Sterzinger added that it would be a mistake to link the growth in renewable energy generation to the growth in American-made renewable energy equipment. While the U.S. could probably meet the first goal, he said, it isn't likely to meet the second because much of the equipment is made overseas.
Robert L. Nelson, a partner at the Akin Gump law firm who co-chairs its renewable energy group, said that the manufacturing claim reminded him of a story told in the old Soviet Union. A commissar, or government official, asks a farmer how good next year's crop will be. The farmer says it will be 10 times as good as last year's. The commissar thinks to himself, "Ten times zero is zero."
Nelson said, "When you're looking at where the U.S. is starting from, doubling isn't all that meaningful a statistic."
___
Cutting the cost of solar power
The claim: Government stimulus money will lead to "cutting the cost of solar power in half by 2015, putting it on par with the cost of retail electricity from the grid."
The facts: That projection assumes a huge payoff from stimulus spending on technology improvements in solar energy. Nelson, who has worked in renewable energy for 25 years, called the prediction "highly unlikely," unless there is a big increase in utility-scale solar power projects.
Sterzinger said there was too much uncertainty in the world economy to make such a prediction.
"Projecting from the last few years looks at the effects of a global recession that lowers material costs and a temporary glut of module manufacturing capacity," he said. "They have influenced cost but are not based on any technology innovation."
___
Quicker, cheaper genetic mapping
The claim: Stimulus funding is spurring National Institutes of Health research to make unraveling people's individual genetic codes, or genomes, easy and cheap enough that the number completed could "dwarf, by 50 times or so" the number so far finished.
The facts: NIH research kicked off the revolution in human genome sequencing and continues to play a crucial role, but it has lots of help today from universities, international research foundations and even private companies jockeying to sell better gene-scanning machines.
It cost about $3 billion and a decade of government research to come up with the first draft of a human genome in 2000. Last year, a Stanford University professor reported that he sequenced his genome in a week at a cost of $48,000, using a $1 million machine. Many specialists believe the price may drop to less than $1,000 in a few years. The more sequencing scientists do allows them to better explore variations that contribute to disease.
As promising as personal genome sequencing is, people need to understand that it's basically a first step. The bigger challenge, still in its infancy, is deciphering what the genetic variations mean and how that information might be harnessed for better care.
___
High-speed rail
The claim: "With $8 billion in funding, the Recovery Act is beginning to make high-speed rail a reality across the country." Projects selected for funds represent "strategic investments" that will yield high-speed service or lay the groundwork for future service.
The facts: The largest project is one that would connect San Francisco with Los Angeles, using trains traveling up to 220 mph. But some of the projects getting stimulus money would primarily upgrade existing freight rail tracks so they could be used for faster passenger service, reaching speeds of up to 110 mph at least part of the time—well short of the speeds in other developed countries.
Not everyone shares the White House's optimism about the prospects for high-speed rail. A recent analysis by the Government Accountability Office concluded that building high-speed rail service in the U.S. "is a difficult, multiyear effort" that hinges on financing that goes "far beyond the funds provided by the Recovery Act in a time of continuing federal and state deficits."
Another challenge for some projects will be meeting the 2017 deadline to spend Recovery Act funds, the GAO said. The capacity to manufacture passenger rail cars and other high-speed equipment exists in the U.S. But it may take years to design and test new rail cars that meet U.S. crashworthiness standards, which are different than much of the rest of the world.
___
Health information technology
The claim: Stimulus spending is "a significant boost" to goals of converting to electronic health records, computerized prescriptions and remote treatment of patients in hard-to-reach locations.
The facts: The effort to get doctors' offices and hospitals using electronic medical records is in its earliest stages. Economic dividends from greater efficiency and fewer costly medical mistakes could be years away.
And there's plenty of potential for glitches. People involved with the issue give the administration high marks for trying, but many do not expect Obama's goal of getting all of America's medical records computerized within five years to be met.
For one thing, about 90 percent of roughly $20 billion the stimulus legislation allocated for this purpose has yet to be spent.
Most of the stimulus money is to help doctors and hospitals defray the cost of installing computer systems, but the Health and Human Services Department only recently spelled out the capabilities that those systems will have to have in order to qualify for federal money. No systems have yet been certified as meeting the required capabilities.
___
Electric vehicles
The claim: The stimulus has helped produce "significant steps toward affordable electric cars that can drive 300 miles on a single charge, powered by $10 of clean electricity instead of $50 dollars of oil. Ultimately this means consumers may have the choice among a range of vehicles from a combustion vehicle with over 50 miles per gallon or an electric-drive vehicle for the same price."
The facts: While strides are being made, this vision of the future rests on assumptions that many regard as overly optimistic. Even a White House task force on the auto industry's recovery said while General Motors' extended-range plug-in hybrid, the Volt, "holds promise, it will likely be too expensive to be commercially successful in the short term." At $41,000, the Volt is about twice the price of a conventional midsize car. The price of electric cars will drop, but automakers are years from being able to sell them at the same price as cars with internal combustion engines.
Another hurdle is fuel prices, which are relatively low and provide little incentive to consumers to spend thousands of dollars extra for a hybrid or even more for a plug-in car; it would take years for the fuel savings to outweigh the higher price.
And there are questions about whether the large lithium ion batteries needed for electric cars are durable, safe and affordable enough for widespread use.
___
Associated Press writers Lauran Neergaard, Joan Lowy and Ricardo Alonso-Zaldivar in Washington and Tom Krisher in Detroit contributed to this report.
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Aug 26 09:59 AM US/Eastern
By FREDERIC J. FROMMER
Associated Press Writer
Comments (0) Email to a friend Share on Facebook Tweet this Bookmark and Share
In this Aug. 24, 2010, photo, Vice President Joe Biden speaks on the effects...
Vice President Joe Biden greets workers at Pete's New Haven Style Apizza...
Vice President Joe Biden, seated at right, talks with local workers and...
WASHINGTON (AP) - The Obama administration claimed this week that $100 billion invested in innovative technologies under the economic stimulus law is "transforming the American economy" by putting the nation on track for technological breakthroughs in health care, energy and transportation.
But an examination of details in the 50-page report unveiled Tuesday by Vice President Joe Biden reveals something a bit different: a collection of rosy projections that ignore many of the challenges, pitfalls and economic realities in all those areas.
A look at how the administration's claims compare to the facts:
___
EDITOR'S NOTE—An occasional look at government assertions and how well they adhere to the facts.
___
Increasing renewable energy
The claim: Thanks to the stimulus, the United States is on track to "doubling U.S. renewable energy generation capacity and U.S. renewable manufacturing capacity by 2012."
The facts: While the Recovery Act has helped increase renewable energy, the fact that it is a one-time jolt makes it difficult to project that the growth will continue for the next couple of years. George Sterzinger, executive director of the Renewable Energy Policy Project, a Washington think tank that promotes renewable energy, said the Recovery Act's cash grant program for renewable energy projects "jump-started a lot of stuff. But there's nothing beyond that."
Sterzinger added that it would be a mistake to link the growth in renewable energy generation to the growth in American-made renewable energy equipment. While the U.S. could probably meet the first goal, he said, it isn't likely to meet the second because much of the equipment is made overseas.
Robert L. Nelson, a partner at the Akin Gump law firm who co-chairs its renewable energy group, said that the manufacturing claim reminded him of a story told in the old Soviet Union. A commissar, or government official, asks a farmer how good next year's crop will be. The farmer says it will be 10 times as good as last year's. The commissar thinks to himself, "Ten times zero is zero."
Nelson said, "When you're looking at where the U.S. is starting from, doubling isn't all that meaningful a statistic."
___
Cutting the cost of solar power
The claim: Government stimulus money will lead to "cutting the cost of solar power in half by 2015, putting it on par with the cost of retail electricity from the grid."
The facts: That projection assumes a huge payoff from stimulus spending on technology improvements in solar energy. Nelson, who has worked in renewable energy for 25 years, called the prediction "highly unlikely," unless there is a big increase in utility-scale solar power projects.
Sterzinger said there was too much uncertainty in the world economy to make such a prediction.
"Projecting from the last few years looks at the effects of a global recession that lowers material costs and a temporary glut of module manufacturing capacity," he said. "They have influenced cost but are not based on any technology innovation."
___
Quicker, cheaper genetic mapping
The claim: Stimulus funding is spurring National Institutes of Health research to make unraveling people's individual genetic codes, or genomes, easy and cheap enough that the number completed could "dwarf, by 50 times or so" the number so far finished.
The facts: NIH research kicked off the revolution in human genome sequencing and continues to play a crucial role, but it has lots of help today from universities, international research foundations and even private companies jockeying to sell better gene-scanning machines.
It cost about $3 billion and a decade of government research to come up with the first draft of a human genome in 2000. Last year, a Stanford University professor reported that he sequenced his genome in a week at a cost of $48,000, using a $1 million machine. Many specialists believe the price may drop to less than $1,000 in a few years. The more sequencing scientists do allows them to better explore variations that contribute to disease.
As promising as personal genome sequencing is, people need to understand that it's basically a first step. The bigger challenge, still in its infancy, is deciphering what the genetic variations mean and how that information might be harnessed for better care.
___
High-speed rail
The claim: "With $8 billion in funding, the Recovery Act is beginning to make high-speed rail a reality across the country." Projects selected for funds represent "strategic investments" that will yield high-speed service or lay the groundwork for future service.
The facts: The largest project is one that would connect San Francisco with Los Angeles, using trains traveling up to 220 mph. But some of the projects getting stimulus money would primarily upgrade existing freight rail tracks so they could be used for faster passenger service, reaching speeds of up to 110 mph at least part of the time—well short of the speeds in other developed countries.
Not everyone shares the White House's optimism about the prospects for high-speed rail. A recent analysis by the Government Accountability Office concluded that building high-speed rail service in the U.S. "is a difficult, multiyear effort" that hinges on financing that goes "far beyond the funds provided by the Recovery Act in a time of continuing federal and state deficits."
Another challenge for some projects will be meeting the 2017 deadline to spend Recovery Act funds, the GAO said. The capacity to manufacture passenger rail cars and other high-speed equipment exists in the U.S. But it may take years to design and test new rail cars that meet U.S. crashworthiness standards, which are different than much of the rest of the world.
___
Health information technology
The claim: Stimulus spending is "a significant boost" to goals of converting to electronic health records, computerized prescriptions and remote treatment of patients in hard-to-reach locations.
The facts: The effort to get doctors' offices and hospitals using electronic medical records is in its earliest stages. Economic dividends from greater efficiency and fewer costly medical mistakes could be years away.
And there's plenty of potential for glitches. People involved with the issue give the administration high marks for trying, but many do not expect Obama's goal of getting all of America's medical records computerized within five years to be met.
For one thing, about 90 percent of roughly $20 billion the stimulus legislation allocated for this purpose has yet to be spent.
Most of the stimulus money is to help doctors and hospitals defray the cost of installing computer systems, but the Health and Human Services Department only recently spelled out the capabilities that those systems will have to have in order to qualify for federal money. No systems have yet been certified as meeting the required capabilities.
___
Electric vehicles
The claim: The stimulus has helped produce "significant steps toward affordable electric cars that can drive 300 miles on a single charge, powered by $10 of clean electricity instead of $50 dollars of oil. Ultimately this means consumers may have the choice among a range of vehicles from a combustion vehicle with over 50 miles per gallon or an electric-drive vehicle for the same price."
The facts: While strides are being made, this vision of the future rests on assumptions that many regard as overly optimistic. Even a White House task force on the auto industry's recovery said while General Motors' extended-range plug-in hybrid, the Volt, "holds promise, it will likely be too expensive to be commercially successful in the short term." At $41,000, the Volt is about twice the price of a conventional midsize car. The price of electric cars will drop, but automakers are years from being able to sell them at the same price as cars with internal combustion engines.
Another hurdle is fuel prices, which are relatively low and provide little incentive to consumers to spend thousands of dollars extra for a hybrid or even more for a plug-in car; it would take years for the fuel savings to outweigh the higher price.
And there are questions about whether the large lithium ion batteries needed for electric cars are durable, safe and affordable enough for widespread use.
___
Associated Press writers Lauran Neergaard, Joan Lowy and Ricardo Alonso-Zaldivar in Washington and Tom Krisher in Detroit contributed to this report.
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Wednesday, August 25, 2010
A few corrections on my democrat pals. 1 there are no "tax cuts for t A few corrections on my democrat pals. 1 there are no "tax cuts for the rich"
A few corrections on my democrat pals. 1 there are no "tax cuts for t
A few corrections on my democrat pals.
1 there are no "tax cuts for the rich" there are only tax cuts, unless you make one where you have to have X net worth to get the tax cut, which is not how bush's or anyone else tax cuts are in reality
2 giving money to unemplyed people does not stimulate an economy or production, quite the opposite, and has disastrous incentives, so judge by results not fuzzy bunny intent of policy
3 Obama created more deficit thatn bush in his brief and failure meganuek stay
4 keyensian economics is bunk
5 no keynesian phds saves USA from 2008 governmetn banking mortgage crisis
6 finanical reform is failure since didnt limit cause=fed, freddy, fanny, and government banking in general
7 global warming has been debunked, it has gotten colder last 4 years, as many of scientists in movie by al "invent the internet" gore said when interviewed after
8 Arizona has every right to send home ilegals, and I would wager to charge home country for it
9 Obama creating unelected czars is not constitutional
10 Elena kagan is a kook, and a communist
11 the fed is unconstiutional and led to great depression 7 years after its creation [yep look it up fed created 1913]
A few corrections on my democrat pals.
1 there are no "tax cuts for the rich" there are only tax cuts, unless you make one where you have to have X net worth to get the tax cut, which is not how bush's or anyone else tax cuts are in reality
2 giving money to unemplyed people does not stimulate an economy or production, quite the opposite, and has disastrous incentives, so judge by results not fuzzy bunny intent of policy
3 Obama created more deficit thatn bush in his brief and failure meganuek stay
4 keyensian economics is bunk
5 no keynesian phds saves USA from 2008 governmetn banking mortgage crisis
6 finanical reform is failure since didnt limit cause=fed, freddy, fanny, and government banking in general
7 global warming has been debunked, it has gotten colder last 4 years, as many of scientists in movie by al "invent the internet" gore said when interviewed after
8 Arizona has every right to send home ilegals, and I would wager to charge home country for it
9 Obama creating unelected czars is not constitutional
10 Elena kagan is a kook, and a communist
11 the fed is unconstiutional and led to great depression 7 years after its creation [yep look it up fed created 1913]
Are the fraud allegations from the article urging to Shut Down the Federal Reserve accurate? Why is there so little education about the Federal Reserv
PostPosted: Sat 26 Jun 2010, 14:51
Are the fraud allegations from the article urging to Shut Down the Federal Reserve accurate? Why is there so little education about the Federal Reserve in the media, schools and universities?
Why is the Government Accountability Office not allowed a full audit of the Federal Reserve? The position that something is very wrong with the Federal Reserve is even supported by some courageous Congressmen from both parties. If their accusations are unfounded, then why aren't the democratically elected Congressmen allowed to audit the Federal Reserve's alleged fraudulent activities and private ownership? The US Constitution in Article I, Section 8, Paragraph 5, states that Congress has the authority to "coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;".
Why is the Federal Reserve so secretive?
http://thomaspainereturns.net/posts/sdfr.html
"The band aids will not help the economic crisis. There is a systemic problem. The Federal Reserve and all the central banks in the world that are designed on its model are defrauding the people of the world.
There is no rational reason why the U.S. Congress cannot print its own currency. The Congress was intimidated, bribed and blackmailed into creating and maintaining the Federal Reserve Bank. The Federal Reserve was awarded a contract to manage the currency in America. The cost of that contract to the U.S. has been $10 trillion in national debt.
To try to cover for the Federal Reserve's greedy fraud, many countries are being forced to pay into the Federal Reserve coffers to keep the world economy afloat. One of the ways they are being forced to pay is through devaluation of their currencies with respect to the U.S. dollar, which is a way of building up America at the expense of others in the world.
All of the band-aid measures will fail. The problem is the Federal Reserve, which concept is founded upon debt-based currency and fraud. It must be closed down or it will continue to suck the resources of the U.S. with its currency management contract. The American government could do the Federal Reserve's job for virtually nothing, and save the U.S. taxpayers between $200 and $900 billion each year in interest off a debt that will never be paid off."
http://en.wikipedia.org/wiki/Louis_McFadden
"McFadden is also remembered for his criticism of the Federal Reserve, which he claimed was created and operated by European banking interests who conspired to economically control the United States. On June 10, 1932, McFadden made a 25-minute speech before the House of Representatives[2] , in which he accused the Federal Reserve of deliberately causing the Great Depression."
http://en.wikipedia.org/wiki/Huey_Long
"Long was a staunch opponent of the Federal Reserve Bank. Together with a group of Congressmen and Senators, Long believed the Federal Reserve's policies to be the true cause of the Great Depression. Long made speeches denouncing the large banking houses of Morgan and Rockefeller centered in New York which owned stock in the Federal Reserve System. He believed that they controlled the monetary system to their own benefit, instead of the general public's benefit."
http://en.wikipedia.org/wiki/Rand_Paul
"Paul opposes the Federal Reserve Act of 1913 and the Federal Reserve's control of the nations money supply and interest rates. He wants to allow the free market to regulate interest rates, and supports congresses constitutional role of controlling the money supply. Paul endorses H.R. 1207, the Federal Reserve Transparency Act, a bill introduced by Congressman Ron Paul mandating an audit of the Federal Reserve. Although Paul would abolish the Federal Reserve, he supports transparency and accountability of the semi-private institution. Additionally, Paul opposes inflation and supports "restoring the value of the dollar that has devalued by approximately 95% since the Federal Reserve's inception in 1913"."
http://en.wikipedia.org/wiki/Alan_Grayson
"Grayson is a co-sponsor of the Federal Reserve Transparency Act of 2009, which would provide addition provisions to audit the Federal Reserve, including removing several key exemptions."
The Politics Forum
[ Donate ][ Affiliate Links ]
PostPosted: Sat 26 Jun 2010, 14:51
If you enjoy using the Politics Forum, please consider supporting PoFo by subscribing (to donate directly), or by using an affiliate link when you shop on-line (costs you nothing extra). PoFo costs a lot of money to run, so your support really is appreciated.
CatoLives
Unperson
Joined: Tue 15 Sep 2009, 11:09
Posts: 362
PostPosted: Sun 27 Jun 2010, 01:48
Quote:
Why is there so little education about the Federal Reserve in the media, schools and universities?
Is this a serious question? I wonder where schools get there money? I wonder where universities get their money? I wonder where the news gets their exciting (lol) stories?
I didn't read your article, I apologize, but I consider myself a serious scholar of economics and do not draw conclusions simply from non-wikipedia internet links (unless it is mises dot org of course).
Let me give you all a brief breakdown on money. Money is the most commonly chosen commodity by the market. Of neccessity money arises NOT through social contract or fiat but through market transactions. It is useful to imagine Robinson Cruesoe for a moment, with another man, say Friday. Of course money is an extremely valuable invention and has a myriad of uses with which we are all familiar. It is unfortunate that the history of monetary theory is, for the most part, the history of monetary crankism, because it seems inevitable that people imagine the solution to all our problems is printing more money. Of course this doesn't help and does hurt.
The real problem is everyone wants money, and people are willing to be evil to get it. All we need to do, all everyone needs to do, is simply disavow evil. Simply accept that it is immoral to steal, no matter who you are or what name you give yourself, or how many people tell you what is okay. Get a fucking job.
grassroots1
Absolutely Corrupt (x2)
Absolutely Corrupt (x2)
Joined: Mon 09 Jun 2008, 13:45
Posts: 4468
PostPosted: Mon 28 Jun 2010, 21:38
Quote:
I consider myself a serious scholar of economics and do not draw conclusions simply from non-wikipedia internet links
I'm sorry but I don't think conclusions should even be readily drawn from wikipedia unless you've checked the discussion and sources thoroughly. Not meaning to immediately step off topic, but I don't intend to have a debate about this either. I've heard the charge that the Federal Reserve was responsible for the Great Depression, but I really don't know enough on the topic to speak on it.
jLocke88
1% Corrupt
1% Corrupt
Joined: Sat 29 May 2010, 02:03
Posts: 38
PostPosted: Tue 29 Jun 2010, 08:39
grassroots1 wrote:
I've heard the charge that the Federal Reserve was responsible for the Great Depression, but I really don't know enough on the topic to speak on it.
I believe Milton Friedman was one of the biggest proponents of this view. I've also heard that Britain's return to the gold standard helped spur the Depression. I'm not terribly familiar with the Keynesian critique of it so somebody help me out here, but monetarists pointed to a substantial decrease in the money supply as an exacerbation of the problem.
Our current Fed Chairman, Ben Bernanke apparently agrees with this and has also pointed to over-indebtedness and deflation. He's a pretty solid expert on the Depression as well.
I'm a fan of the Austrian School so I'd be remiss in my support of them if I didn't mention that they believe that the monetary expansionist policies of the ''roaring 20's'' allowed a bubble to form in the market that was unsustainable.
It's a fascinating study to be honest and if anyone has any sources about the Depression they'd like to share, I'd love to read some more about it.
DanDaMan
Absolutely Corrupt (x3)
Absolutely Corrupt (x3)
User avatar
Joined: Mon 08 Jun 2009, 07:31
Posts: 6885
Location: In my mothers dark basement watching the Beck indoctrination show.
PostPosted: Tue 29 Jun 2010, 08:43
Quote:
Are the fraud allegations from the article urging to Shut Down the Federal Reserve accurate? Why is there so little education about the Federal Reserve in the media, schools and universities?
Because an uneducated people are easier to dominate.
Image
"Well, the trouble with our liberal friends is not that they are ignorant, but that they know so much that isn't so".
Tyrannis Seditio, Obsequium Deo
Todd D.
Absolutely Corrupt (x5)
Absolutely Corrupt (x5)
User avatar
Joined: Tue 14 Oct 2003, 23:59
Posts: 10686
Location: Horned Frog Country
PostPosted: Tue 29 Jun 2010, 11:05
Quote:
Are the fraud allegations from the article urging to Shut Down the Federal Reserve accurate?
No.
Quote:
Why is there so little education about the Federal Reserve in the media, schools and universities?
Clearly you weren't educated on what the Federal Reserve is and isn't, hence your post.
Quote:
Why is the Government Accountability Office not allowed a full audit of the Federal Reserve?
It is. The Federal Banking Agency Audit Act was passed in 1978 and gives the GAO the ability to audit the Fed. In the 40 years since the law has been passed, the GAO has audited the Fed more than 100 times. In addition, each individual member bank has been audited by countless other private accounting offices such as Price-Waterhouse and Coopers-Lybrand.
The rest is just quoting the same old conspiracy theories. Blah blah Rockafeller. Blah blah Rothschild. You need better sources.
"Never put passions ahead of principles. Even if you win, you lose."
Image
CatoLives
Unperson
Joined: Tue 15 Sep 2009, 11:09
Posts: 362
PostPosted: Tue 29 Jun 2010, 11:15
The key to long term economic growth is savings. While the media and the modern economist sycophants pimp the idea that consumption is the creation of wealth this is absurd and ass backwards. We can consume because we create. Production is the synthesis of capital and labour. You can increase the labour supply by having babies OR allowing immigrants to join your nation, and you can increase the supply of capital by increasing investment in capital. Investment cannot occur without savings, unless you simply create the money from thin air, which is a form of robbery and creates a strong disincentive against saving.
Every Federal Reserve Chairmen states that their primary purpose is to fight inflation. This is a lie. Inflation is a product of the money supply increasing. As the supply of money increases, assuming the demand to hold money stays the same, the price of money (it's purchasing power) decreases. Thus, as the money supply increases, the prices of goods in terms of money increase. The Federal Reserve increases the money supply by purchasing government bonds.
The Federal Reserve serves the interests of the power elites at the expense of the average citizenry. It is a giant scam, a hoax, perhaps the greatest scheme the world has ever known. This is the story of every central bank.
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Tue 13 Jul 2010, 13:23
CatoLives wrote:
Every Federal Reserve Chairmen states that their primary purpose is to fight inflation. This is a lie. Inflation is a product of the money supply increasing. As the supply of money increases, assuming the demand to hold money stays the same, the price of money (it's purchasing power) decreases. Thus, as the money supply increases, the prices of goods in terms of money increase. The Federal Reserve increases the money supply by purchasing government bonds.
The Federal Reserve serves the interests of the power elites at the expense of the average citizenry. It is a giant scam, a hoax, perhaps the greatest scheme the world has ever known. This is the story of every central bank.
By and large, I agree with this. Given that, how do you suggest we manage fiat money?
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
killim
Absolutely Corrupt
Absolutely Corrupt
User avatar
Joined: Wed 02 Dec 2009, 07:11
Posts: 2170
Location: Germany
PostPosted: Wed 14 Jul 2010, 04:48
Image
You guys can't be serious and the linked sites are only laughable...
Kman
Absolutely Corrupt
Absolutely Corrupt
User avatar
Joined: Tue 09 Jun 2009, 14:37
Posts: 2960
Location: Denmark, outside the matrix.
PostPosted: Wed 14 Jul 2010, 07:16
killim wrote:
You guys can't be serious and the linked sites are only laughable...
Ah the standard reply from the intellectually bankrupt Keynesians.... Dont you have any arguments other than ''lol your stupid''?
Tu ne cede malis - Ludwig von Mises
killim
Absolutely Corrupt
Absolutely Corrupt
User avatar
Joined: Wed 02 Dec 2009, 07:11
Posts: 2170
Location: Germany
PostPosted: Wed 14 Jul 2010, 11:43
Just to mention it: I am an ordo liberal, since i don't know when.
My criticism here is primarily based on the fact that the arguments presented here aren't based on neither an economical model nor empirical data. Instead it is ideologically based and partially in sharp contrast to the reality.
CatoLives
Unperson
Joined: Tue 15 Sep 2009, 11:09
Posts: 362
PostPosted: Thu 15 Jul 2010, 10:42
Quote:
By and large, I agree with this. Given that, how do you suggest we manage fiat money?
I am against fiat money because I believe it is inherently unstable but if you are to have it the key is to keep the money supply exactly even. Just don't print money.
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Sat 17 Jul 2010, 13:49
CatoLives wrote:
I am against fiat money because I believe it is inherently unstable but if you are to have it the key is to keep the money supply exactly even. Just don't print money.
The key to practical interstellar travel is a faster than light speed drive. Keeping the money supply exactly even strikes me as about as easy. However, I know little about economics, perhaps you could explain to me how this can be done?
As for printing money, I hope you are speaking metaphorically because that isn’t how the money supply is expanded. Perhaps you could be a little more specific on the basis for the metaphor?
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
Kman
Absolutely Corrupt
Absolutely Corrupt
User avatar
Joined: Tue 09 Jun 2009, 14:37
Posts: 2960
Location: Denmark, outside the matrix.
PostPosted: Sat 17 Jul 2010, 18:54
DubiousDan wrote:
The key to practical interstellar travel is a faster than light speed drive. Keeping the money supply exactly even strikes me as about as easy. However, I know little about economics, perhaps you could explain to me how this can be done?
Well for the US economy you just print up x amount of money, enough to work as a circulation currency, meaning you need a certain amount of coins and pieces of paper to physically work as money, the amount of money doesnt really matter, theoretically the whole US economy could function on 100$, you would just have to invent money units smaller than cents.
That is what a gold standard does, it fixes the amount of money to the amount of gold in existance in the world today, politicians cant create gold out of thin air so they have to be honest about how much they tax people, they cant hiddenly tax people by printing money. The inflation tax also disproportionally taxes poor people since its usually the wealthy people that get the newly printed money first and at that point they still retain their purchasing power, when this new money reaches poor people the overall price levels will have risen to reflect the increased amount of money in circulation.
Money is just a medium of exchange, its not wealth, wealth comes from production, without production it doesnt matter how many paper notes a country has, it wont be wealthy.
Tu ne cede malis - Ludwig von Mises
CatoLives
Unperson
Joined: Tue 15 Sep 2009, 11:09
Posts: 362
PostPosted: Mon 19 Jul 2010, 06:09
The money supply is expanded as a result of government bonds being purchased by the federal reserve, but the metaphor of the printing press is an accurate description of what occurs. It is not a tricky thing to keep the money supply stable, and this has been accomplished by many people's in the past. In the 20th century I believe the swiss franc was for periods very stable, for example. Of course there is a strong tendancy towards debasement, and it occurs frequently and today it seems practically ubiquitious. One of the strongest forces towards the debasement of a currency is war.
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Thu 22 Jul 2010, 10:55
CatoLives wrote:
The money supply is expanded as a result of government bonds being purchased by the federal reserve, but the metaphor of the printing press is an accurate description of what occurs. It is not a tricky thing to keep the money supply stable, and this has been accomplished by many people's in the past. In the 20th century I believe the swiss franc was for periods very stable, for example. Of course there is a strong tendancy towards debasement, and it occurs frequently and today it seems practically ubiquitious. One of the strongest forces towards the debasement of a currency is war.
Remember, we aren’t discussing currency, we are discussing fiat money, or at least I was. Go back and check those periods of stable currency and see if they were based on fiat money. Yes, after Bretton Woods there were some stable fiat currencies out there, but they were based on the American dollar which wasn’t fiat money. Until Nixon, that is.
In China, because of a shortage of silver, they invented fiat money somewhere around the 10th Century. They invented paper and developed block printing, so it was easy for them. However, it never really worked. The people used it when they were forced to, but used silver when they could. When the Europeans showed up with silver coins, the Chinese fell in love with them.
As for the Swiss Franc, when I was in Europe in 1954, if memory serves me correctly and it rarely does, the Swiss Franc was four to the dollar. At the moment, it takes a dollar and change to get a Franc. It’s a successful fiat currency, at least so far. However, the Swiss can do things that nobody else can do. The are that extreme anomaly amongst Humanity, a competent people.
You are absolutely correct on the war issue. During war, monetary discipline becomes secondary, and that’s usually when states reach out for fiat money and debase it to the max.
That might explain why Switzerland had stable fiat money.
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
Fasces
Absolutely Corrupt (x2)
Absolutely Corrupt (x2)
User avatar
Joined: Sun 21 Dec 2008, 12:23
Posts: 4296
Location: Europe Ideology: Nationalism
PostPosted: Thu 22 Jul 2010, 11:20
So, you support a metallic standard?
Image
-4.27, 1.01
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Fri 23 Jul 2010, 12:23
Fasces wrote:
So, you support a metallic standard?
Only as a least bad choice. From a historical standpoint, fiat money has a very bad record. Bimetallism has problems, it lacks flexibility. However, it imposes discipline. Fiat money depends on the self discipline of politicians. Seen much of that lately?
During most of human history, money has been metallic. The excursions from that have usually led to suffering. With precious metal backed paper or noble metal coins, it’s a little difficult to get to hyperinflation. With paper, it’s very, very easy.
I would like to get rid of the Federal Reserve, but as long as you have fiat money, I don’t see how that is possible. That’s part of the function of the Federal Reserve, to manage fiat money. After all, it says right on the damn stuff “Federal Reserve Note”, and it is printed under the jurisdiction of the Federal Reserve.
We need a better basis for money than metal, but at the moment, I don’t see it. Everything else leads to easy manipulation. Sure, with that mythical entity, a competent government, fiat money might work.
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
Fasces
Absolutely Corrupt (x2)
Absolutely Corrupt (x2)
User avatar
Joined: Sun 21 Dec 2008, 12:23
Posts: 4296
Location: Europe Ideology: Nationalism
PostPosted: Fri 23 Jul 2010, 12:38
Any basis for a currency designed around a non-infinite supply will lead to explosive, exponential deflation, and make large economies of scale impossible. The transition to a fiat currency was not to better the manipulation of money, but to make continued economic growth possible.
Image
-4.27, 1.01
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Fri 23 Jul 2010, 16:30
Fasces wrote:
Any basis for a currency designed around a non-infinite supply will lead to explosive, exponential deflation, and make large economies of scale impossible. The transition to a fiat currency was not to better the manipulation of money, but to make continued economic growth possible.
This doesn’t seem to square with history. The British Empire was developed with a metallic standard. So was the American . The post World War II development of the American economy was America’s golden age. It was after we left the gold standard under Nixon that America’s decline versus the rest of the World began. The inflation under Carter, then the borrow and spend under Reagan was a response to fiat money.
As for the motives to go to fiat money, it has usually been for manipulation. Johnson went off the silver standard to hide the real cost of the Vietnam War. Nixon went off the gold standard to shift the effects of devaluation from the commercial oligarchy to the working class. The countries that left the Gold standard during World War I did so in order to manipulate currencies. The United States went to fiat money during the Revolution and the Civil War for the same reason.
Yes, fiat money has made the economic games from Reagan on possible, but these were not based on real economic growth, but smoke and mirror games which culminated in 2008 but didn’t end there. Fiat money is what gives the Federal Reserve the ability to play the absurd games which are gutting the American economy.
You have only to compare the current values of the metals which where once the basis of our currency to see what has actually happened to the value of the dollar. The government statistics on inflation and cost of living are a lie. The poverty statistics are set to a standard that is over forty years old when household expenses were in an entirely different structure. The government refuses to update the formula because it would reflect that poverty has nearly doubled.
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
Log-in to remove advertisement.
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
NEW TOPIC POST REPLY
The Politics Forum » Political Issues » Economics & Capitalism » Shut Down the Federal Reserve? [ Go to page ][ 1, 2, 3, 4, 5 ][ Next ]
[ The Politics Forum ][ Politics Forum Monthly Publication ][ Political Blogs ][ Member Blogs ][ Documents ][ Images ][ Donate ]
More Forums: [ UK Politics Forum ][ History Forum ][ U.S.S.R. ]
[ Top ]
Copyright © 2003-2010 Siberian Fox network. Powered by phpBB.Politics Forum statistics
Are the fraud allegations from the article urging to Shut Down the Federal Reserve accurate? Why is there so little education about the Federal Reserve in the media, schools and universities?
Why is the Government Accountability Office not allowed a full audit of the Federal Reserve? The position that something is very wrong with the Federal Reserve is even supported by some courageous Congressmen from both parties. If their accusations are unfounded, then why aren't the democratically elected Congressmen allowed to audit the Federal Reserve's alleged fraudulent activities and private ownership? The US Constitution in Article I, Section 8, Paragraph 5, states that Congress has the authority to "coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;".
Why is the Federal Reserve so secretive?
http://thomaspainereturns.net/posts/sdfr.html
"The band aids will not help the economic crisis. There is a systemic problem. The Federal Reserve and all the central banks in the world that are designed on its model are defrauding the people of the world.
There is no rational reason why the U.S. Congress cannot print its own currency. The Congress was intimidated, bribed and blackmailed into creating and maintaining the Federal Reserve Bank. The Federal Reserve was awarded a contract to manage the currency in America. The cost of that contract to the U.S. has been $10 trillion in national debt.
To try to cover for the Federal Reserve's greedy fraud, many countries are being forced to pay into the Federal Reserve coffers to keep the world economy afloat. One of the ways they are being forced to pay is through devaluation of their currencies with respect to the U.S. dollar, which is a way of building up America at the expense of others in the world.
All of the band-aid measures will fail. The problem is the Federal Reserve, which concept is founded upon debt-based currency and fraud. It must be closed down or it will continue to suck the resources of the U.S. with its currency management contract. The American government could do the Federal Reserve's job for virtually nothing, and save the U.S. taxpayers between $200 and $900 billion each year in interest off a debt that will never be paid off."
http://en.wikipedia.org/wiki/Louis_McFadden
"McFadden is also remembered for his criticism of the Federal Reserve, which he claimed was created and operated by European banking interests who conspired to economically control the United States. On June 10, 1932, McFadden made a 25-minute speech before the House of Representatives[2] , in which he accused the Federal Reserve of deliberately causing the Great Depression."
http://en.wikipedia.org/wiki/Huey_Long
"Long was a staunch opponent of the Federal Reserve Bank. Together with a group of Congressmen and Senators, Long believed the Federal Reserve's policies to be the true cause of the Great Depression. Long made speeches denouncing the large banking houses of Morgan and Rockefeller centered in New York which owned stock in the Federal Reserve System. He believed that they controlled the monetary system to their own benefit, instead of the general public's benefit."
http://en.wikipedia.org/wiki/Rand_Paul
"Paul opposes the Federal Reserve Act of 1913 and the Federal Reserve's control of the nations money supply and interest rates. He wants to allow the free market to regulate interest rates, and supports congresses constitutional role of controlling the money supply. Paul endorses H.R. 1207, the Federal Reserve Transparency Act, a bill introduced by Congressman Ron Paul mandating an audit of the Federal Reserve. Although Paul would abolish the Federal Reserve, he supports transparency and accountability of the semi-private institution. Additionally, Paul opposes inflation and supports "restoring the value of the dollar that has devalued by approximately 95% since the Federal Reserve's inception in 1913"."
http://en.wikipedia.org/wiki/Alan_Grayson
"Grayson is a co-sponsor of the Federal Reserve Transparency Act of 2009, which would provide addition provisions to audit the Federal Reserve, including removing several key exemptions."
The Politics Forum
[ Donate ][ Affiliate Links ]
PostPosted: Sat 26 Jun 2010, 14:51
If you enjoy using the Politics Forum, please consider supporting PoFo by subscribing (to donate directly), or by using an affiliate link when you shop on-line (costs you nothing extra). PoFo costs a lot of money to run, so your support really is appreciated.
CatoLives
Unperson
Joined: Tue 15 Sep 2009, 11:09
Posts: 362
PostPosted: Sun 27 Jun 2010, 01:48
Quote:
Why is there so little education about the Federal Reserve in the media, schools and universities?
Is this a serious question? I wonder where schools get there money? I wonder where universities get their money? I wonder where the news gets their exciting (lol) stories?
I didn't read your article, I apologize, but I consider myself a serious scholar of economics and do not draw conclusions simply from non-wikipedia internet links (unless it is mises dot org of course).
Let me give you all a brief breakdown on money. Money is the most commonly chosen commodity by the market. Of neccessity money arises NOT through social contract or fiat but through market transactions. It is useful to imagine Robinson Cruesoe for a moment, with another man, say Friday. Of course money is an extremely valuable invention and has a myriad of uses with which we are all familiar. It is unfortunate that the history of monetary theory is, for the most part, the history of monetary crankism, because it seems inevitable that people imagine the solution to all our problems is printing more money. Of course this doesn't help and does hurt.
The real problem is everyone wants money, and people are willing to be evil to get it. All we need to do, all everyone needs to do, is simply disavow evil. Simply accept that it is immoral to steal, no matter who you are or what name you give yourself, or how many people tell you what is okay. Get a fucking job.
grassroots1
Absolutely Corrupt (x2)
Absolutely Corrupt (x2)
Joined: Mon 09 Jun 2008, 13:45
Posts: 4468
PostPosted: Mon 28 Jun 2010, 21:38
Quote:
I consider myself a serious scholar of economics and do not draw conclusions simply from non-wikipedia internet links
I'm sorry but I don't think conclusions should even be readily drawn from wikipedia unless you've checked the discussion and sources thoroughly. Not meaning to immediately step off topic, but I don't intend to have a debate about this either. I've heard the charge that the Federal Reserve was responsible for the Great Depression, but I really don't know enough on the topic to speak on it.
jLocke88
1% Corrupt
1% Corrupt
Joined: Sat 29 May 2010, 02:03
Posts: 38
PostPosted: Tue 29 Jun 2010, 08:39
grassroots1 wrote:
I've heard the charge that the Federal Reserve was responsible for the Great Depression, but I really don't know enough on the topic to speak on it.
I believe Milton Friedman was one of the biggest proponents of this view. I've also heard that Britain's return to the gold standard helped spur the Depression. I'm not terribly familiar with the Keynesian critique of it so somebody help me out here, but monetarists pointed to a substantial decrease in the money supply as an exacerbation of the problem.
Our current Fed Chairman, Ben Bernanke apparently agrees with this and has also pointed to over-indebtedness and deflation. He's a pretty solid expert on the Depression as well.
I'm a fan of the Austrian School so I'd be remiss in my support of them if I didn't mention that they believe that the monetary expansionist policies of the ''roaring 20's'' allowed a bubble to form in the market that was unsustainable.
It's a fascinating study to be honest and if anyone has any sources about the Depression they'd like to share, I'd love to read some more about it.
DanDaMan
Absolutely Corrupt (x3)
Absolutely Corrupt (x3)
User avatar
Joined: Mon 08 Jun 2009, 07:31
Posts: 6885
Location: In my mothers dark basement watching the Beck indoctrination show.
PostPosted: Tue 29 Jun 2010, 08:43
Quote:
Are the fraud allegations from the article urging to Shut Down the Federal Reserve accurate? Why is there so little education about the Federal Reserve in the media, schools and universities?
Because an uneducated people are easier to dominate.
Image
"Well, the trouble with our liberal friends is not that they are ignorant, but that they know so much that isn't so".
Tyrannis Seditio, Obsequium Deo
Todd D.
Absolutely Corrupt (x5)
Absolutely Corrupt (x5)
User avatar
Joined: Tue 14 Oct 2003, 23:59
Posts: 10686
Location: Horned Frog Country
PostPosted: Tue 29 Jun 2010, 11:05
Quote:
Are the fraud allegations from the article urging to Shut Down the Federal Reserve accurate?
No.
Quote:
Why is there so little education about the Federal Reserve in the media, schools and universities?
Clearly you weren't educated on what the Federal Reserve is and isn't, hence your post.
Quote:
Why is the Government Accountability Office not allowed a full audit of the Federal Reserve?
It is. The Federal Banking Agency Audit Act was passed in 1978 and gives the GAO the ability to audit the Fed. In the 40 years since the law has been passed, the GAO has audited the Fed more than 100 times. In addition, each individual member bank has been audited by countless other private accounting offices such as Price-Waterhouse and Coopers-Lybrand.
The rest is just quoting the same old conspiracy theories. Blah blah Rockafeller. Blah blah Rothschild. You need better sources.
"Never put passions ahead of principles. Even if you win, you lose."
Image
CatoLives
Unperson
Joined: Tue 15 Sep 2009, 11:09
Posts: 362
PostPosted: Tue 29 Jun 2010, 11:15
The key to long term economic growth is savings. While the media and the modern economist sycophants pimp the idea that consumption is the creation of wealth this is absurd and ass backwards. We can consume because we create. Production is the synthesis of capital and labour. You can increase the labour supply by having babies OR allowing immigrants to join your nation, and you can increase the supply of capital by increasing investment in capital. Investment cannot occur without savings, unless you simply create the money from thin air, which is a form of robbery and creates a strong disincentive against saving.
Every Federal Reserve Chairmen states that their primary purpose is to fight inflation. This is a lie. Inflation is a product of the money supply increasing. As the supply of money increases, assuming the demand to hold money stays the same, the price of money (it's purchasing power) decreases. Thus, as the money supply increases, the prices of goods in terms of money increase. The Federal Reserve increases the money supply by purchasing government bonds.
The Federal Reserve serves the interests of the power elites at the expense of the average citizenry. It is a giant scam, a hoax, perhaps the greatest scheme the world has ever known. This is the story of every central bank.
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Tue 13 Jul 2010, 13:23
CatoLives wrote:
Every Federal Reserve Chairmen states that their primary purpose is to fight inflation. This is a lie. Inflation is a product of the money supply increasing. As the supply of money increases, assuming the demand to hold money stays the same, the price of money (it's purchasing power) decreases. Thus, as the money supply increases, the prices of goods in terms of money increase. The Federal Reserve increases the money supply by purchasing government bonds.
The Federal Reserve serves the interests of the power elites at the expense of the average citizenry. It is a giant scam, a hoax, perhaps the greatest scheme the world has ever known. This is the story of every central bank.
By and large, I agree with this. Given that, how do you suggest we manage fiat money?
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
killim
Absolutely Corrupt
Absolutely Corrupt
User avatar
Joined: Wed 02 Dec 2009, 07:11
Posts: 2170
Location: Germany
PostPosted: Wed 14 Jul 2010, 04:48
Image
You guys can't be serious and the linked sites are only laughable...
Kman
Absolutely Corrupt
Absolutely Corrupt
User avatar
Joined: Tue 09 Jun 2009, 14:37
Posts: 2960
Location: Denmark, outside the matrix.
PostPosted: Wed 14 Jul 2010, 07:16
killim wrote:
You guys can't be serious and the linked sites are only laughable...
Ah the standard reply from the intellectually bankrupt Keynesians.... Dont you have any arguments other than ''lol your stupid''?
Tu ne cede malis - Ludwig von Mises
killim
Absolutely Corrupt
Absolutely Corrupt
User avatar
Joined: Wed 02 Dec 2009, 07:11
Posts: 2170
Location: Germany
PostPosted: Wed 14 Jul 2010, 11:43
Just to mention it: I am an ordo liberal, since i don't know when.
My criticism here is primarily based on the fact that the arguments presented here aren't based on neither an economical model nor empirical data. Instead it is ideologically based and partially in sharp contrast to the reality.
CatoLives
Unperson
Joined: Tue 15 Sep 2009, 11:09
Posts: 362
PostPosted: Thu 15 Jul 2010, 10:42
Quote:
By and large, I agree with this. Given that, how do you suggest we manage fiat money?
I am against fiat money because I believe it is inherently unstable but if you are to have it the key is to keep the money supply exactly even. Just don't print money.
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Sat 17 Jul 2010, 13:49
CatoLives wrote:
I am against fiat money because I believe it is inherently unstable but if you are to have it the key is to keep the money supply exactly even. Just don't print money.
The key to practical interstellar travel is a faster than light speed drive. Keeping the money supply exactly even strikes me as about as easy. However, I know little about economics, perhaps you could explain to me how this can be done?
As for printing money, I hope you are speaking metaphorically because that isn’t how the money supply is expanded. Perhaps you could be a little more specific on the basis for the metaphor?
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
Kman
Absolutely Corrupt
Absolutely Corrupt
User avatar
Joined: Tue 09 Jun 2009, 14:37
Posts: 2960
Location: Denmark, outside the matrix.
PostPosted: Sat 17 Jul 2010, 18:54
DubiousDan wrote:
The key to practical interstellar travel is a faster than light speed drive. Keeping the money supply exactly even strikes me as about as easy. However, I know little about economics, perhaps you could explain to me how this can be done?
Well for the US economy you just print up x amount of money, enough to work as a circulation currency, meaning you need a certain amount of coins and pieces of paper to physically work as money, the amount of money doesnt really matter, theoretically the whole US economy could function on 100$, you would just have to invent money units smaller than cents.
That is what a gold standard does, it fixes the amount of money to the amount of gold in existance in the world today, politicians cant create gold out of thin air so they have to be honest about how much they tax people, they cant hiddenly tax people by printing money. The inflation tax also disproportionally taxes poor people since its usually the wealthy people that get the newly printed money first and at that point they still retain their purchasing power, when this new money reaches poor people the overall price levels will have risen to reflect the increased amount of money in circulation.
Money is just a medium of exchange, its not wealth, wealth comes from production, without production it doesnt matter how many paper notes a country has, it wont be wealthy.
Tu ne cede malis - Ludwig von Mises
CatoLives
Unperson
Joined: Tue 15 Sep 2009, 11:09
Posts: 362
PostPosted: Mon 19 Jul 2010, 06:09
The money supply is expanded as a result of government bonds being purchased by the federal reserve, but the metaphor of the printing press is an accurate description of what occurs. It is not a tricky thing to keep the money supply stable, and this has been accomplished by many people's in the past. In the 20th century I believe the swiss franc was for periods very stable, for example. Of course there is a strong tendancy towards debasement, and it occurs frequently and today it seems practically ubiquitious. One of the strongest forces towards the debasement of a currency is war.
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Thu 22 Jul 2010, 10:55
CatoLives wrote:
The money supply is expanded as a result of government bonds being purchased by the federal reserve, but the metaphor of the printing press is an accurate description of what occurs. It is not a tricky thing to keep the money supply stable, and this has been accomplished by many people's in the past. In the 20th century I believe the swiss franc was for periods very stable, for example. Of course there is a strong tendancy towards debasement, and it occurs frequently and today it seems practically ubiquitious. One of the strongest forces towards the debasement of a currency is war.
Remember, we aren’t discussing currency, we are discussing fiat money, or at least I was. Go back and check those periods of stable currency and see if they were based on fiat money. Yes, after Bretton Woods there were some stable fiat currencies out there, but they were based on the American dollar which wasn’t fiat money. Until Nixon, that is.
In China, because of a shortage of silver, they invented fiat money somewhere around the 10th Century. They invented paper and developed block printing, so it was easy for them. However, it never really worked. The people used it when they were forced to, but used silver when they could. When the Europeans showed up with silver coins, the Chinese fell in love with them.
As for the Swiss Franc, when I was in Europe in 1954, if memory serves me correctly and it rarely does, the Swiss Franc was four to the dollar. At the moment, it takes a dollar and change to get a Franc. It’s a successful fiat currency, at least so far. However, the Swiss can do things that nobody else can do. The are that extreme anomaly amongst Humanity, a competent people.
You are absolutely correct on the war issue. During war, monetary discipline becomes secondary, and that’s usually when states reach out for fiat money and debase it to the max.
That might explain why Switzerland had stable fiat money.
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
Fasces
Absolutely Corrupt (x2)
Absolutely Corrupt (x2)
User avatar
Joined: Sun 21 Dec 2008, 12:23
Posts: 4296
Location: Europe Ideology: Nationalism
PostPosted: Thu 22 Jul 2010, 11:20
So, you support a metallic standard?
Image
-4.27, 1.01
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Fri 23 Jul 2010, 12:23
Fasces wrote:
So, you support a metallic standard?
Only as a least bad choice. From a historical standpoint, fiat money has a very bad record. Bimetallism has problems, it lacks flexibility. However, it imposes discipline. Fiat money depends on the self discipline of politicians. Seen much of that lately?
During most of human history, money has been metallic. The excursions from that have usually led to suffering. With precious metal backed paper or noble metal coins, it’s a little difficult to get to hyperinflation. With paper, it’s very, very easy.
I would like to get rid of the Federal Reserve, but as long as you have fiat money, I don’t see how that is possible. That’s part of the function of the Federal Reserve, to manage fiat money. After all, it says right on the damn stuff “Federal Reserve Note”, and it is printed under the jurisdiction of the Federal Reserve.
We need a better basis for money than metal, but at the moment, I don’t see it. Everything else leads to easy manipulation. Sure, with that mythical entity, a competent government, fiat money might work.
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
Fasces
Absolutely Corrupt (x2)
Absolutely Corrupt (x2)
User avatar
Joined: Sun 21 Dec 2008, 12:23
Posts: 4296
Location: Europe Ideology: Nationalism
PostPosted: Fri 23 Jul 2010, 12:38
Any basis for a currency designed around a non-infinite supply will lead to explosive, exponential deflation, and make large economies of scale impossible. The transition to a fiat currency was not to better the manipulation of money, but to make continued economic growth possible.
Image
-4.27, 1.01
DubiousDan
60% Corrupt
60% Corrupt
Joined: Mon 07 Sep 2009, 15:11
Posts: 1214
PostPosted: Fri 23 Jul 2010, 16:30
Fasces wrote:
Any basis for a currency designed around a non-infinite supply will lead to explosive, exponential deflation, and make large economies of scale impossible. The transition to a fiat currency was not to better the manipulation of money, but to make continued economic growth possible.
This doesn’t seem to square with history. The British Empire was developed with a metallic standard. So was the American . The post World War II development of the American economy was America’s golden age. It was after we left the gold standard under Nixon that America’s decline versus the rest of the World began. The inflation under Carter, then the borrow and spend under Reagan was a response to fiat money.
As for the motives to go to fiat money, it has usually been for manipulation. Johnson went off the silver standard to hide the real cost of the Vietnam War. Nixon went off the gold standard to shift the effects of devaluation from the commercial oligarchy to the working class. The countries that left the Gold standard during World War I did so in order to manipulate currencies. The United States went to fiat money during the Revolution and the Civil War for the same reason.
Yes, fiat money has made the economic games from Reagan on possible, but these were not based on real economic growth, but smoke and mirror games which culminated in 2008 but didn’t end there. Fiat money is what gives the Federal Reserve the ability to play the absurd games which are gutting the American economy.
You have only to compare the current values of the metals which where once the basis of our currency to see what has actually happened to the value of the dollar. The government statistics on inflation and cost of living are a lie. The poverty statistics are set to a standard that is over forty years old when household expenses were in an entirely different structure. The government refuses to update the formula because it would reflect that poverty has nearly doubled.
“Make everything as simple as possible, but not simpler”, A. Einstein
“As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.” A. Einstein.
Log-in to remove advertisement.
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
NEW TOPIC POST REPLY
The Politics Forum » Political Issues » Economics & Capitalism » Shut Down the Federal Reserve? [ Go to page ][ 1, 2, 3, 4, 5 ][ Next ]
[ The Politics Forum ][ Politics Forum Monthly Publication ][ Political Blogs ][ Member Blogs ][ Documents ][ Images ][ Donate ]
More Forums: [ UK Politics Forum ][ History Forum ][ U.S.S.R. ]
[ Top ]
Copyright © 2003-2010 Siberian Fox network. Powered by phpBB.Politics Forum statistics
Where Are the New Jobs? By John Stossel "Corporate profits are soaring. Companies are sitting on billions of dollars of cash. And still, they've yet
Where Are the New Jobs?
By John Stossel
"Corporate profits are soaring. Companies are sitting on billions of dollars of cash. And still, they've yet to amp up hiring or make major investments."
So writes The Washington Post about the recession's stubborn refusal to go away. The statisticians at the National Bureau of Economic Research declared the Great Recession over -- but tell that to people who can't find jobs. Today, businesses replace equipment and inventory, but they are reluctant to hire new workers. Investment that does occur aims at replacing the use of labor by adopting advanced technology. In a growing economy, that's a sign of progress. Freed-up workers are then available for new projects. But lately, those new projects aren't being launched.
Receive news alerts
Sign Up
John Stossel RealClearPolitics
economy Obama administration
The two wings of the establishment offer their usual remedies. Government-oriented types want more tax-financed "stimulus" spending, claiming last year's nearly trillion-dollar dose wasn't enough. That's dubious. As economist Mark Skousen writes, "(P)roduction and investment lead the economy into and out of a recession; retail demand is the most stable component of economic activity."
Business-oriented types want tax cuts. I'm sympathetic, but cuts should be accompanied by spending cuts, or the deficit will grow even uglier. There's no free lunch. Deficit spending must be covered by government borrowing, which takes capital that could be used for investment out of the private sector.
Why isn't the economy recovering? After previous recessions, unemployment didn't get stuck at close to 10 percent. If left alone, the economy can and does heal itself, as the mistakes of the previous inflationary boom are corrected.
The problem today is that the economy is not being left alone. Instead, it is haunted by uncertainty on a hundred fronts. When rules are unintelligible and unpredictable, when new workers are potential threats because of Labor Department regulations, businesses have little confidence to hire. President Obama's vaunted legislative record not only left entrepreneurs with the burden of bigger government, it also makes it impossible for them to accurately estimate the new burden.
In at least three big areas -- health insurance, financial regulation and taxes -- no one can know what will happen.
New intrusive rules for health insurance are yet to be written, and those rules will affect hiring, since most health insurance is provided by employers.
Thanks to the new 2,300 page Dodd-Frank finance regulatory act, The Wall Street Journal reports, there will be "no fewer than 243 new formal rule-makings by 11 different federal agencies." These as-yet unknown rules will govern lending to business and other key financial activity.
The George W. Bush tax cuts might be allowed to expire. But maybe not. Social Security and Medicare are dangerously shaky. Will Congress raise the payroll tax? A "distinguished" deficit commission is meeting. What will it do? Recommend a value-added tax?
Who knows? But few employers will commit to a big investment with those clouds hanging over our heads.
"As much as I might want to hire new salespeople, engineers and marketing staff in an effort to grow, I would be increasing my company's vulnerability to government," Michael Fleischer, president of Bogen Communications Inc., wrote in The Wall Street Journal.
Nothing more effectively freezes business in place than what economist and historian Robert Higgs calls "regime uncertainty."
"(A)ll of these unsettling possibilities and others of substantial significance must give pause to anyone considering a long-term investment, because any one of them has the potential to turn what seems to be a profitable investment into a big loser. In short, investors now face regime uncertainty to an extent that few have experienced in this country -- to find anything comparable, one must go back to the 1930s and 1940s, when the menacing clouds of the New Deal and World War II darkened the economic horizon."
Uncertainty created by Obama's legislative "successes" are comparable to the Depression and World War II? This does not bode well for job growth.
Higgs says: "Unless the government acts soon to resolve the looming uncertainties about the half-dozen greatest threats of policy harm to business, investors will remain for the most part on the sideline ... consuming wealth that might otherwise have been invested."
Copyright 2010, Creators Syndicate Inc.
By John Stossel
"Corporate profits are soaring. Companies are sitting on billions of dollars of cash. And still, they've yet to amp up hiring or make major investments."
So writes The Washington Post about the recession's stubborn refusal to go away. The statisticians at the National Bureau of Economic Research declared the Great Recession over -- but tell that to people who can't find jobs. Today, businesses replace equipment and inventory, but they are reluctant to hire new workers. Investment that does occur aims at replacing the use of labor by adopting advanced technology. In a growing economy, that's a sign of progress. Freed-up workers are then available for new projects. But lately, those new projects aren't being launched.
Receive news alerts
Sign Up
John Stossel RealClearPolitics
economy Obama administration
The two wings of the establishment offer their usual remedies. Government-oriented types want more tax-financed "stimulus" spending, claiming last year's nearly trillion-dollar dose wasn't enough. That's dubious. As economist Mark Skousen writes, "(P)roduction and investment lead the economy into and out of a recession; retail demand is the most stable component of economic activity."
Business-oriented types want tax cuts. I'm sympathetic, but cuts should be accompanied by spending cuts, or the deficit will grow even uglier. There's no free lunch. Deficit spending must be covered by government borrowing, which takes capital that could be used for investment out of the private sector.
Why isn't the economy recovering? After previous recessions, unemployment didn't get stuck at close to 10 percent. If left alone, the economy can and does heal itself, as the mistakes of the previous inflationary boom are corrected.
The problem today is that the economy is not being left alone. Instead, it is haunted by uncertainty on a hundred fronts. When rules are unintelligible and unpredictable, when new workers are potential threats because of Labor Department regulations, businesses have little confidence to hire. President Obama's vaunted legislative record not only left entrepreneurs with the burden of bigger government, it also makes it impossible for them to accurately estimate the new burden.
In at least three big areas -- health insurance, financial regulation and taxes -- no one can know what will happen.
New intrusive rules for health insurance are yet to be written, and those rules will affect hiring, since most health insurance is provided by employers.
Thanks to the new 2,300 page Dodd-Frank finance regulatory act, The Wall Street Journal reports, there will be "no fewer than 243 new formal rule-makings by 11 different federal agencies." These as-yet unknown rules will govern lending to business and other key financial activity.
The George W. Bush tax cuts might be allowed to expire. But maybe not. Social Security and Medicare are dangerously shaky. Will Congress raise the payroll tax? A "distinguished" deficit commission is meeting. What will it do? Recommend a value-added tax?
Who knows? But few employers will commit to a big investment with those clouds hanging over our heads.
"As much as I might want to hire new salespeople, engineers and marketing staff in an effort to grow, I would be increasing my company's vulnerability to government," Michael Fleischer, president of Bogen Communications Inc., wrote in The Wall Street Journal.
Nothing more effectively freezes business in place than what economist and historian Robert Higgs calls "regime uncertainty."
"(A)ll of these unsettling possibilities and others of substantial significance must give pause to anyone considering a long-term investment, because any one of them has the potential to turn what seems to be a profitable investment into a big loser. In short, investors now face regime uncertainty to an extent that few have experienced in this country -- to find anything comparable, one must go back to the 1930s and 1940s, when the menacing clouds of the New Deal and World War II darkened the economic horizon."
Uncertainty created by Obama's legislative "successes" are comparable to the Depression and World War II? This does not bode well for job growth.
Higgs says: "Unless the government acts soon to resolve the looming uncertainties about the half-dozen greatest threats of policy harm to business, investors will remain for the most part on the sideline ... consuming wealth that might otherwise have been invested."
Copyright 2010, Creators Syndicate Inc.
Biden is hilarious about raising taxes really funny
Biden: GOP arguments on extending tax cuts 'a bunch of malarkey'
By Sam Youngman - 08/25/10 01:58 PM ET
Vice President Biden blasts Republicans who want to extend the Bush tax cuts; says "super rich" already have disposable income.
Biden, speaking to a small group at a middle-class task force roundtable Wednesday at Pete’s Apizza in Washington, D.C., said that while he and President Obama want to extend tax cuts for the middle class, the country cannot afford $700 billion in cuts for the wealthy.
“They've already got disposable income,” Biden said of the “super rich.”
“They're spending all they're going to spend anyway.”
With Obama still vacationing in Martha's Vineyard, Biden has taken the lead in firing back at Republicans like House Minority Leader John Boehner, who on Tuesday called for the resignations of Obama's economic team. Biden warned that the debate over the Bush tax cuts, which are set to expire at the end of the year, is “one of the big fights we're going to have” when Congress returns from its August recess.
Biden promised that the White House will “fight like the devil” to maintain middle-class tax cuts while rolling back those for the wealthy.
“It's costly, but at a time of recession, you should not be raising taxes on people who need disposable income, or on small businesses, for that matter,” Biden said. He added: “There's nothing populist about this. It's just simple economics.”
Biden said that he is glad there are “super rich” in the country, and that he hopes one of his grandchildren will join their ranks.
“I hope one of my grandkids makes that kind of money, so when they put me in a home, I get a window with a view,” Biden said.
By Sam Youngman - 08/25/10 01:58 PM ET
Vice President Biden blasts Republicans who want to extend the Bush tax cuts; says "super rich" already have disposable income.
Biden, speaking to a small group at a middle-class task force roundtable Wednesday at Pete’s Apizza in Washington, D.C., said that while he and President Obama want to extend tax cuts for the middle class, the country cannot afford $700 billion in cuts for the wealthy.
“They've already got disposable income,” Biden said of the “super rich.”
“They're spending all they're going to spend anyway.”
With Obama still vacationing in Martha's Vineyard, Biden has taken the lead in firing back at Republicans like House Minority Leader John Boehner, who on Tuesday called for the resignations of Obama's economic team. Biden warned that the debate over the Bush tax cuts, which are set to expire at the end of the year, is “one of the big fights we're going to have” when Congress returns from its August recess.
Biden promised that the White House will “fight like the devil” to maintain middle-class tax cuts while rolling back those for the wealthy.
“It's costly, but at a time of recession, you should not be raising taxes on people who need disposable income, or on small businesses, for that matter,” Biden said. He added: “There's nothing populist about this. It's just simple economics.”
Biden said that he is glad there are “super rich” in the country, and that he hopes one of his grandchildren will join their ranks.
“I hope one of my grandkids makes that kind of money, so when they put me in a home, I get a window with a view,” Biden said.
Bennet Bombshell: Trillions in Debt, ‘Nothing to Show for It’ August 25, 2010 5:15 A.M. By Michael Sandoval Tags: Colo. Sen. Michael Bennet’s recent
Bennet Bombshell: Trillions in Debt, ‘Nothing to Show for It’
August 25, 2010 5:15 A.M.
By Michael Sandoval
Tags: Colo.
Sen. Michael Bennet’s recent appearance in Greeley, Colorado is sure to set political tongues wagging–Bennet is quoted as saying that though trillions of dollars of Federal debt has been incurred through spending since he was appointed to the Senate in January of 2009, “we have nothing to show for it”:
Michael Bennet, D-Colo,at a town hall meeting in Greeley last Saturday, Aug 21 said we had nothing to show for the debt incurred by the stimulus package and other expenditures calling the recession the worst since the Great Depression. [...]
Regarding spending during his time in office he said, “We have managed to acquire $13 trillion of debt on our balance sheet” and, “in my view we have nothing to show for it.” Speaking of the debt, he said our debt almost equals the economy. Regarding the current job situation, Bennet said the situation has been dire for over a decade saying, “We have created no net new jobs in the United States since 1998” which were the last two years of the Clinton administration. Pointing to a slide showing budget expenditures, he said that currently 65 percent of the budget was for social security, Medicaid and Medicare expenditures and that we could not grow our way out of debt.
Regarding the expiration of the Bush tax cuts Bennet would not commit to a position on whether to extend them simply saying, “I hope we look at it comprehensively.”
When asked about a recent report showing that government employees make more than their private sector counterparts said, “This is a time when we need to restrain wages in the public sector.” He said we need to make sure “our wages are not growing faster than inflation or faster than our growth.” Bennet also received a question about whether he would support card check and declined to give a firm answer saying, “I have not been a sponsor of the employee free choice act and the bill as written will not come to the floor to a vote.” He also said, “I believe strongly in the right of workers to collectively bargain and organize free from intimidation.” [emphasis added]
The Greeley Tribune’s quote is identical, adding a laundry list of things that Bennet feels have not been “invested in” adequately (the $787 billion American Recovery and Reinvestment Act apparently notwithstanding):
“We have managed to acquire $13 trillion of debt on our balance sheet,” he said. “In my view we have nothing to show for it. We haven’t invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven’t even maintained the assets that our parents and grandparents built for us.”
Bennet’s votes, in support of President Obama’s spending plans–including ARRA, have resulted in billions of dollars spent per day, and trillions of dollars of new debt.
But even $10 billion in the most recent “edujobs” bailout may have no readily discernible impact on Colorado schools, despite the projections made by Bennet.
The Bennet campaign released a snippet of video it recorded from the speech, with Bennet addressing rural education:
A Denver Post fact check of the following ad from Karl Rove’s Crossroads GPS concluded that the numbers add up to billions per day (whether or not the spending is a good idea):
Claim: “Since his appointment, Michael Bennet has voted to spend an average of $2.5 billion every day.”
Crossroads GPS television ad
Facts: Michael Bennet has, in fact, voted for legislation that if you add it all up and divide by the days he’s been in office, comes out to nearly $2.5 billion a day. [...]
Add all that up and it comes to $1.36 tillion.[sic] Divide by 568 (the days between Bennet’s Jan. 22, 2009 swearing-in and the Friday before the ad ran), and that’s $2.4 billion.
Vince Carroll of the Denver Post views Bennet’s campaign rhetoric as incompatible with his actual record:
Bennet, you may have noticed, is campaigning as a fiscal hawk. According to a recent report in this newspaper, the Colorado senator touts deficit reduction at town hall meetings as vital to the nation’s health.
To emphasize his seriousness, Bennet has sponsored the Deficit Reduction Act, which would cap the federal deficit at 3 percent of GDP after 2012 (when it would be capped at 4 percent), and supports a commission that will recommend a federal debt-reduction plan. Bennet also voted for “pay-as-you-go” rules that require offsetting revenue for any tax cuts or spending hikes.
If you’re partial to stern warnings about the growing national debt and grand schemes for shrinking it, Bennet is your man. But be sure to avert your eyes from his actual record.
Pay no attention to the contrast between Bennet’s green-eye-shade rhetoric and his drunken-sailor votes. Rest assured that 18 months of supporting one lavish spending and bailout bill after another provide no hint whatsoever of Bennet’s core fiscal philosophy.
Archive
August 25, 2010 5:15 A.M.
By Michael Sandoval
Tags: Colo.
Sen. Michael Bennet’s recent appearance in Greeley, Colorado is sure to set political tongues wagging–Bennet is quoted as saying that though trillions of dollars of Federal debt has been incurred through spending since he was appointed to the Senate in January of 2009, “we have nothing to show for it”:
Michael Bennet, D-Colo,at a town hall meeting in Greeley last Saturday, Aug 21 said we had nothing to show for the debt incurred by the stimulus package and other expenditures calling the recession the worst since the Great Depression. [...]
Regarding spending during his time in office he said, “We have managed to acquire $13 trillion of debt on our balance sheet” and, “in my view we have nothing to show for it.” Speaking of the debt, he said our debt almost equals the economy. Regarding the current job situation, Bennet said the situation has been dire for over a decade saying, “We have created no net new jobs in the United States since 1998” which were the last two years of the Clinton administration. Pointing to a slide showing budget expenditures, he said that currently 65 percent of the budget was for social security, Medicaid and Medicare expenditures and that we could not grow our way out of debt.
Regarding the expiration of the Bush tax cuts Bennet would not commit to a position on whether to extend them simply saying, “I hope we look at it comprehensively.”
When asked about a recent report showing that government employees make more than their private sector counterparts said, “This is a time when we need to restrain wages in the public sector.” He said we need to make sure “our wages are not growing faster than inflation or faster than our growth.” Bennet also received a question about whether he would support card check and declined to give a firm answer saying, “I have not been a sponsor of the employee free choice act and the bill as written will not come to the floor to a vote.” He also said, “I believe strongly in the right of workers to collectively bargain and organize free from intimidation.” [emphasis added]
The Greeley Tribune’s quote is identical, adding a laundry list of things that Bennet feels have not been “invested in” adequately (the $787 billion American Recovery and Reinvestment Act apparently notwithstanding):
“We have managed to acquire $13 trillion of debt on our balance sheet,” he said. “In my view we have nothing to show for it. We haven’t invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven’t even maintained the assets that our parents and grandparents built for us.”
Bennet’s votes, in support of President Obama’s spending plans–including ARRA, have resulted in billions of dollars spent per day, and trillions of dollars of new debt.
But even $10 billion in the most recent “edujobs” bailout may have no readily discernible impact on Colorado schools, despite the projections made by Bennet.
The Bennet campaign released a snippet of video it recorded from the speech, with Bennet addressing rural education:
A Denver Post fact check of the following ad from Karl Rove’s Crossroads GPS concluded that the numbers add up to billions per day (whether or not the spending is a good idea):
Claim: “Since his appointment, Michael Bennet has voted to spend an average of $2.5 billion every day.”
Crossroads GPS television ad
Facts: Michael Bennet has, in fact, voted for legislation that if you add it all up and divide by the days he’s been in office, comes out to nearly $2.5 billion a day. [...]
Add all that up and it comes to $1.36 tillion.[sic] Divide by 568 (the days between Bennet’s Jan. 22, 2009 swearing-in and the Friday before the ad ran), and that’s $2.4 billion.
Vince Carroll of the Denver Post views Bennet’s campaign rhetoric as incompatible with his actual record:
Bennet, you may have noticed, is campaigning as a fiscal hawk. According to a recent report in this newspaper, the Colorado senator touts deficit reduction at town hall meetings as vital to the nation’s health.
To emphasize his seriousness, Bennet has sponsored the Deficit Reduction Act, which would cap the federal deficit at 3 percent of GDP after 2012 (when it would be capped at 4 percent), and supports a commission that will recommend a federal debt-reduction plan. Bennet also voted for “pay-as-you-go” rules that require offsetting revenue for any tax cuts or spending hikes.
If you’re partial to stern warnings about the growing national debt and grand schemes for shrinking it, Bennet is your man. But be sure to avert your eyes from his actual record.
Pay no attention to the contrast between Bennet’s green-eye-shade rhetoric and his drunken-sailor votes. Rest assured that 18 months of supporting one lavish spending and bailout bill after another provide no hint whatsoever of Bennet’s core fiscal philosophy.
Archive
Tuesday, August 24, 2010
100 greatest science fiction & fantasy movies
star wars [not the 3 new mtv wars crap]
conan the barbarian
dune
the matrix 1
alien sigourney
star trek II wrath of kahn
the terminator
battlestar galactica
the thing/j carpenter
iron man
clockwork orange
blade runner
star trek 2009 jj
invasion body snatchers sutherland
resident evil
lord of the rings
conan the barbarian
dune
the matrix 1
alien sigourney
star trek II wrath of kahn
the terminator
battlestar galactica
the thing/j carpenter
iron man
clockwork orange
blade runner
star trek 2009 jj
invasion body snatchers sutherland
resident evil
lord of the rings
seamicro small supercomputer beats googles
http://www.fastcompany.com/1659808/sea-micro-server-parallel-chips-cpus-intel-farm-power-consumption-green-tech
Google's Power-Hogging Server Farms Versus SeaMicro's Super-Efficient Supercomputers
BY Kit EatonMon Jun 14, 2010
sea-micro
The computer server industry may not sound like a hotbed for innovation to you, but SeaMicro thinks differently. It's just rocked the server world with a super-computer-like product that's smaller and more power-efficient than any rival's.
SeaMicro's approach is very different from the giant industrial-grade rack servers that companies like Intel and IBM churn out to meet the needs of companies like Google (with server farms that are so energy-sucking that they eat as much electricity as the city of Tacoma, Washington does). These machines typically appear much like a desktop machine, with a big CPU on a motherboard, a host of ancillary chips and a bulky power supply.
But SeaMicro design is radically different: It uses Intel Atom CPUs, that were initially designed to power the netbook revolution. You may think by using a chip that's as low in computer power as an Atom that SeaMicro machines aren't powerful--but you'd be wrong. Inside the server there are actually 512 of the little CPUs thrumming along together. By jamming four of these server units together in one rack, SeaMicro's machine could have 2,048 CPU cores connected up in a cross-wired system called a "fabric." That basically turns the tiny Atoms into elements in a supercomputer that roars along at 1.28 terabits per second.
There's lots of clever software in there too, and specialized hardware that virtualizes some of the data-handling tasks that typical rack servers use bulky hardware for (mainly since their designs have inertia--this is how servers have always been built), meaning there's something like 90% fewer components on the motherboards. And whereas older servers would use one power supply per CPU, SeaMicro's uses one supply for four chips.
The upshot is that a SeaMicro device has 512 cores in a box that's just 25% of the size of a normal server rack. And it devours significantly less electricity--as well as generating less waste heat that you'd usually require expensive and environmentally disastrous air conditioning to get rid of. How much of a saving do you make though? SeaMicro uses the SpecInt computing standard as a measure, with a distributed computing task that would take four years to complete. Compared to a "normal" Dell server installation which would cost about the same in terms of initial hardware, SeaMicro's hardware can save you over a million dollars of bills. That's a lot of cash. And it's saving a lot of carbon footprint too, assuming that computer giants like Google just don't leap upon SeaMicro's impressive offering, and use the tech to install servers that are four times more powerful but take up the same space ...
Google's Power-Hogging Server Farms Versus SeaMicro's Super-Efficient Supercomputers
BY Kit EatonMon Jun 14, 2010
sea-micro
The computer server industry may not sound like a hotbed for innovation to you, but SeaMicro thinks differently. It's just rocked the server world with a super-computer-like product that's smaller and more power-efficient than any rival's.
SeaMicro's approach is very different from the giant industrial-grade rack servers that companies like Intel and IBM churn out to meet the needs of companies like Google (with server farms that are so energy-sucking that they eat as much electricity as the city of Tacoma, Washington does). These machines typically appear much like a desktop machine, with a big CPU on a motherboard, a host of ancillary chips and a bulky power supply.
But SeaMicro design is radically different: It uses Intel Atom CPUs, that were initially designed to power the netbook revolution. You may think by using a chip that's as low in computer power as an Atom that SeaMicro machines aren't powerful--but you'd be wrong. Inside the server there are actually 512 of the little CPUs thrumming along together. By jamming four of these server units together in one rack, SeaMicro's machine could have 2,048 CPU cores connected up in a cross-wired system called a "fabric." That basically turns the tiny Atoms into elements in a supercomputer that roars along at 1.28 terabits per second.
There's lots of clever software in there too, and specialized hardware that virtualizes some of the data-handling tasks that typical rack servers use bulky hardware for (mainly since their designs have inertia--this is how servers have always been built), meaning there's something like 90% fewer components on the motherboards. And whereas older servers would use one power supply per CPU, SeaMicro's uses one supply for four chips.
The upshot is that a SeaMicro device has 512 cores in a box that's just 25% of the size of a normal server rack. And it devours significantly less electricity--as well as generating less waste heat that you'd usually require expensive and environmentally disastrous air conditioning to get rid of. How much of a saving do you make though? SeaMicro uses the SpecInt computing standard as a measure, with a distributed computing task that would take four years to complete. Compared to a "normal" Dell server installation which would cost about the same in terms of initial hardware, SeaMicro's hardware can save you over a million dollars of bills. That's a lot of cash. And it's saving a lot of carbon footprint too, assuming that computer giants like Google just don't leap upon SeaMicro's impressive offering, and use the tech to install servers that are four times more powerful but take up the same space ...
Facebook is the first to jump into ARM servers Tectonic change of our time by Charlie Demerjian August 23, 2010 Facebook LogoTHERE HAVE LONG been ru
Facebook is the first to jump into ARM servers
Tectonic change of our time
by Charlie Demerjian
August 23, 2010
Facebook LogoTHERE HAVE LONG been rumors of a major player moving their data centers from x86 based PCs to the ARM architecture. It looks like the first big player to jump in to the market is going to be none other than Facebook.
If the rumors are true, Facebook will be putting ARM based servers in their upcoming Oregon data center, dumping x86 in a nearby river. In an environmentally friendly fashion, it is Oregon after all. In any case, there won't be any x86 parts needed at the privacy specialists.
What ARM chip are they going to be using? This is where the game of connect the dots begins, and all the rumors point to Smooth-Stone, an Austin, Tx chip design startup. A few more rumors link the boards to SuperMicro, but that link is a bit more tenuous. In any case, it won't be long before all the details are revealed.
It looks like ARM has grown up enough in raw CPU power to hit the proverbial 'fast enough' point for a single Facebook thread. Now it becomes a question of wattage vs threads. An Intel/AMD x86 CPU runs more threads but consumes more watts. The wattage per thread appears to have come down on the side of ARM, at least for Facebooks PHP-ish code.
The thought of this will scare Intel silly, not only did they lose a contract potentially for tens of thousands of Xeons a month because of power, but they didn't win it with Atom. In fact, they lost it to the one rival that they don't have a direct answer to, the ARM ISA.
If Facebook's experiment pans out, it may change how things are done in the data center, and collapse prices. Actually, since Facebook is moving to ARM, it isn't an experiment, so you can substitute all of the forward looking statements with more definitive ones. Things have changed in the data center, you just haven't seen the results yet.S|A
Discuss this in our forums
File under Servers and Microprocessors and Mobile and Opinion and Rumors and Efficiency and Software and Storage and theintertubes
Tectonic change of our time
by Charlie Demerjian
August 23, 2010
Facebook LogoTHERE HAVE LONG been rumors of a major player moving their data centers from x86 based PCs to the ARM architecture. It looks like the first big player to jump in to the market is going to be none other than Facebook.
If the rumors are true, Facebook will be putting ARM based servers in their upcoming Oregon data center, dumping x86 in a nearby river. In an environmentally friendly fashion, it is Oregon after all. In any case, there won't be any x86 parts needed at the privacy specialists.
What ARM chip are they going to be using? This is where the game of connect the dots begins, and all the rumors point to Smooth-Stone, an Austin, Tx chip design startup. A few more rumors link the boards to SuperMicro, but that link is a bit more tenuous. In any case, it won't be long before all the details are revealed.
It looks like ARM has grown up enough in raw CPU power to hit the proverbial 'fast enough' point for a single Facebook thread. Now it becomes a question of wattage vs threads. An Intel/AMD x86 CPU runs more threads but consumes more watts. The wattage per thread appears to have come down on the side of ARM, at least for Facebooks PHP-ish code.
The thought of this will scare Intel silly, not only did they lose a contract potentially for tens of thousands of Xeons a month because of power, but they didn't win it with Atom. In fact, they lost it to the one rival that they don't have a direct answer to, the ARM ISA.
If Facebook's experiment pans out, it may change how things are done in the data center, and collapse prices. Actually, since Facebook is moving to ARM, it isn't an experiment, so you can substitute all of the forward looking statements with more definitive ones. Things have changed in the data center, you just haven't seen the results yet.S|A
Discuss this in our forums
File under Servers and Microprocessors and Mobile and Opinion and Rumors and Efficiency and Software and Storage and theintertubes
fox audience network dies LOl and bain young CEO of it joker gets hired by pals at twitter
* Twitter hired Adam Bain away from News Corp. to become President of Revenue. He reports to COO Dick Costolo.
* MySpace is undergoing a slight shake up, with News Corp. folding the Fox Audience Network into the social network.
* MySpace is undergoing a slight shake up, with News Corp. folding the Fox Audience Network into the social network.
apple are scum
http://www.businessinsider.com/10-things-you-need-to-know-this-morning-24-2010-8
Dell
See Also:
jobs mansion
Here's The Mansion Steve Jobs Will Finally Tear Down
Here's Two New Apple iAds To Check Out: AT&T And "The Switch" Movie
Here's Two New Apple iAds To Check Out: AT&T And "The Switch" Movie
Marty Moe
AOL Content Chief Marty Moe Is Out (MEMO)
Great morning! Here's the news:
* Apple saw a 200% increase in Mac sales to government in Q2. It also saw strong gains in the enterprise.
* Apple filed for a patent which shows how a touch screen iMac could operate some day.
* Facebook will be using ARM servers for a database in Oregon, instead of Intel/AMD. This should have Intel scared "silly," writes Charlie Demerjianat Semiaccurate.
* Twitter hired Adam Bain away from News Corp. to become President of Revenue. He reports to COO Dick Costolo.
* MySpace is undergoing a slight shake up, with News Corp. folding the Fox Audience Network into the social network.
* Eric Schmidt's investment fund has invested in Scoop, a mobile social startup aimed at students.
* Yahoo lost Jason Titus, the head of Yahoo Mail. It is said to be a "blow" to the company.
* AOL also lost two execs yesterday. Marty Moe, who was a champion of premium content, and AOL finance "jock" Kami Ragsdale.
* Some iTunes users with their accounts linked to PayPal seemed to have been to victimized by hackers.
* Dell is ready to sweeten its offer for 3PAR now that HP is in the bidding war. An analyst calls this "insane."
Stay tuned to SAI all day long for the most important tech news.
Get This Delivered To Your Inbox
You can get this dropped in your inbox every afternoon as 10 Things In Tech You Need To Know. It's simple. It's convenient. It's free. All we need is your email address, country and postal code. Sign up below!
Email
Country
Zip Code
Privacy Policy
Please Note: Business Insider will never share your information with any other companies. You also have the ability to unsubscribe from these newsletters at any time simply by following the unsubscribe link located at the bottom of each email
Tags: 10 Things You Need To Know SAI | Get Alerts for these topics »
Short URL
Share:
* Twitter
* Facebook
* Buzz
* Digg
* StumbleUpon
* Buzz
* Reddit
* LinkedIn
* Email
* More about embedding posts » Embed
* More about Alerts » Alerts
* Newsletter
x
To embed this post, copy the code below and paste into your website or blog.
600px wide (preview)
400px wide (preview)
300px wide (preview)
Advertisement:
Jay Yarow an editor at The Business Insider.
Contact:
e-mail:
jyarow@businessinsider.com
Work Phone:
646-484-6438
Subscribe to his twitter feed
Recent Posts
* Samsung's iPad Killer Comin...
* Do We Really Need A Touch S...
* Japan Giving iPads To Sumo ...
Sponsored Link:
You might like:
Selected for you by a sponsor:
* Obama Says Mosque Remarks Were Not Endorsement (The New York Times)
* Michael Vick Released from Prison (Petside.com)
[what's this]
Receive email updates on new comments!
Email
3 Comments RSS
2
0
Flag as Offensive
Sammy the Walrus IV (URL) on Aug 24, 7:49 AM said:
Apple doing better in enterprise? Can't be true. What about all those problems that pop up when Apple is put to work in enterprise? I am trying my best to remember the reasons the anti-apple militia point too, but I really can't remember any.
Reply
0
2
Flag as Offensive
tim.hobbes on Aug 24, 8:08 AM said:
@Sammy the Walrus IV:
Apple + Enterprise = LOLOLOL
Reply
0
0
Flag as Offensive
RattyUK on Aug 24, 9:09 AM said:
"Some iTunes users with their accounts linked to PayPal seemed to have been to victimized by hackers."
Think it would have been worth pointing out that iTunes wasn't "hacked" as per the original reports in Tech Crunch but it was a phishing scam where people willingly handed over their details to the thieves. There was enough ambiguity with that sentence Jay to give people the impression that the payment system at iTunes was at fault. Where as it was more like putting your keys outside your house with a huge neon arrow pointing at them with a sign saying "the keys to this house", popping out for a meal and returning to find your house had been broken into.
MORAL: Give your passwords to thieves and they will steal stuff.
Reply
Join the discussion Login With Facebook Login With Twitter
Name (Required)
Email Address (Required but never displayed)
URL
Comments (You may use HTML tags for style)
Sign up to get Silicon Alley Insider emails
Email
Zip
* NEW! Customized instant email alerts see sample
* Silicon Alley Insider Select see sample
* Silicon Alley Insider Chart Of The Day see sample
More:
* Business Insider Select see sample
* The Wire Select see sample
* Clusterstock Select see sample
* Clusterstock Chart Of The Day see sample
* Money Game Select see sample
* War Room Select see sample
* Apple Investor see sample
* Google Investor see sample
* Microsoft Investor see sample
* 10 Things Before the Opening Bell see sample
* 10 Things In Tech You Need To Know see sample
* Breaking News see sample
* Tip Of The Day see sample
* Subscribe
* Facebook
* Twitter
* RSS
* Mailing List
* Got a tip?
Let us know!
Sponsored by
Your Money
Dow Jones Industrial Average
NASDAQ Composite
Standard & Poors 500
Dow
-97.70
10076.71
-0.96%
Nasdaq
-26.00
2133.63
-1.20%
S&P 500
-11.62
1055.74
-1.09%
Quotes delayed at least 20 mins.
Advertisement
Get the Business Insider iPhone App
Housing Crisis Update
• In Case It Wasn't Obvious That The Homebuyer Tax Credit Created A Huge Distortion
weird house, editorial sidebar
• EXISTING HOMES SALES PLUNGE 27.2%
• The Real Story Behind Existing Home Sales: It Was The Lowest Since 1996, And Inventory Is Now Sky-High
• We Need Total Nationalization Of Housing
Hot Questions About Questions »
What Smart People Are Discussing Right Now
* Q: Should a mosque be built at Ground Zero? 48 Answers 35 minutes ago
* Q: Are you still using your iPad regularly? 40 Answers 2 hours ago
* Q: Is unemployment structural? 12 Answers 13 hours ago
* Q: QUESTION OF THE DAY: Is Foursquare toast? 7 Answers 1 day ago
* Q: Foursquare users, are you still going to use Foursquare--or switch to Facebook? 7 Answers 1 day ago
* Q: For Profit Schools 1 Answer 4 days ago
* Q: I am locked out of FB and I cannot get any help to get back on, Is there anyone that can send me a code that they say I need to get back unto FB Please!!! 1 Answer 4 days ago
* Q: Hey Android users: What's the best Android news application? 8 Answers 4 days ago
More Less
RSS | All »
Jobs
Venture Capital Associate
Santa Monica, CA
Greycroft Partners
Tax - International Transfer Pricing ...
Irvine, CA
Grant Thornton LLP
Senior Accountant
Los Angeles, CA
Language Weaver
Pre-MBA Associate
Santa Monica, CA (LA)
Greycroft Partners
Front-End Developer
Los Angeles, CA
OrganicStartup
Senior Magento Web Programmer
Santa Monica, CA
Beachmint
Tax Senior Manager
Los Angeles, CA
Grant Thornton LLP
Senior Linux System Administrator
Cyberjaya, Selangor, Malaysia
Betonmarkets.com
VP of Product Development
Houston, TX
Web Platform Developer
San Mateo, CA
Offer Foundry
More Jobs > Post a Job >
Read Me
Chris Dixon | comment 2
Here's how to use the Bowling Pin strategy: find a niche where you can get really popular and then hope to spread to the broader market.
Read »
Dan Frommer | comment 7
Shopkick could have been popular with teens, but doesn't work on the teen-friendly iPod touch.
Read »
Henry Blodget | comment 30
Our theory: Tiger's implosion this year wasn't about "distraction." It was about guilt.
Read »
Mark Suster
You have 20 seconds to get someone's attention. Here's how to make them count.
Read »
Evan Britton | comment 4
Most web publishers rely too heavily on Google, and that's not a good thing. Here are some ways to avoid that.
Read »
Advertisement
The Hive About The Hive »
What Smart People Are Reading Right Now
* Buzz Kill : LOL: The Life of Leo 25
* Hot Potato : We've Moved to Facebook 21
* Facebook Live on Facebook 18
* Twitter Hires Adam Bain Away From News Corp. As President Of Revenue 16
* Skype Etiquette 16
* Is the web really dead? - Boing Boing 16
* A VC: The Expanding Birthrate Of Web Startups 15
* The Rise of Text Messaging [INFOGRAPHIC] 14
More Less
RSS | All »
Sponsors
Sponsor Business Insider »
Popular
Commented
Tags
*
Meet The YouTube Stars Making $100,000 Plus Per Year
Meet The YouTube Stars Making $100,000 Plus Per Year 4,807,793 Views
*
burning house
15 Signs The U.S. Housing Market Is Headed For Complete And Total Collapse 1,185,783 Views
*
Lisa Falcone
The Hottest Hedge Fund Wives On Wall Street 290,399 Views
*
united airlines
18 Companies That Consumers Absolutely Hate 231,373 Views
*
lotterywinningbanker
Here's How 14 Investors Made The Trades That Made Their Careers 123,206 Views
*
statue of liberty
The New Backlash Against "Immigrants" Is Offensive And Absurd -- We're All Immigrants 207 Comments
*
statue of liberty
The Backlash Against "Immigrants" Is Offensive And Absurd -- We're All Immigrants 165 Comments
*
Barack Obama
Obama Shows His First Sense Of Panic About Backsliding Economy 157 Comments
*
Steve Jobs iPad
Don't Mean To Be Rude, But How In The World Is LG Going To Make A Better iPad Than Apple? 114 Comments
*
Jim Rogers 728
Jim Rogers: If You Want Your Family To Be Silly Rich In The Future, Then Leave America And Move To Asia Now 109 Comments
Android Banks Big Tech Bonds China Commodities Economy Europe Federal Reserve Gadgets Hedge Funds Housing Inflation Investing Japan Location-Based Services Markets Media Mobile Online People Startups Stock Market TV Unemployment Video Wall Street iPad iPhone iPhone Apps
*
A-Z Index
* Companies
* Authors
* Tags
* Site Map
*
Video
* Latest
* TBI Live
*
Lists & Rankings
* SAI 50
* SA 100
* Best Business Schools
* Sexiest CEOs
* More
*
Your Account
* Register
* Change Your Email
* Preferences
*
About BI
* About
* Masthead
* Contact
* Advertise
* Mobile
*
Follow BI
* Email Newsletters
* RSS
* Twitter
* LinkedIn
* Facebook
*
Verticals
* Tech & Telecom
* Media
* Finance
* Macro-economy
* Green Tech & Energy
* SMB Strategy
* Law Review
* TBI Research
*
Tools
* Stock Quotes
* Job Listings
* Copyright © 2010 Business Insider, Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. | Disclaimer
Redesign by Intersect, Inc. | Powered by MongoDB | Hosted by Datapipe | Web analytics by Empirical Path
Subscribe to Instant Alertsclose
Enter you email address and zip code to set up customized email alerts.
Email
Zip
Dell
See Also:
jobs mansion
Here's The Mansion Steve Jobs Will Finally Tear Down
Here's Two New Apple iAds To Check Out: AT&T And "The Switch" Movie
Here's Two New Apple iAds To Check Out: AT&T And "The Switch" Movie
Marty Moe
AOL Content Chief Marty Moe Is Out (MEMO)
Great morning! Here's the news:
* Apple saw a 200% increase in Mac sales to government in Q2. It also saw strong gains in the enterprise.
* Apple filed for a patent which shows how a touch screen iMac could operate some day.
* Facebook will be using ARM servers for a database in Oregon, instead of Intel/AMD. This should have Intel scared "silly," writes Charlie Demerjianat Semiaccurate.
* Twitter hired Adam Bain away from News Corp. to become President of Revenue. He reports to COO Dick Costolo.
* MySpace is undergoing a slight shake up, with News Corp. folding the Fox Audience Network into the social network.
* Eric Schmidt's investment fund has invested in Scoop, a mobile social startup aimed at students.
* Yahoo lost Jason Titus, the head of Yahoo Mail. It is said to be a "blow" to the company.
* AOL also lost two execs yesterday. Marty Moe, who was a champion of premium content, and AOL finance "jock" Kami Ragsdale.
* Some iTunes users with their accounts linked to PayPal seemed to have been to victimized by hackers.
* Dell is ready to sweeten its offer for 3PAR now that HP is in the bidding war. An analyst calls this "insane."
Stay tuned to SAI all day long for the most important tech news.
Get This Delivered To Your Inbox
You can get this dropped in your inbox every afternoon as 10 Things In Tech You Need To Know. It's simple. It's convenient. It's free. All we need is your email address, country and postal code. Sign up below!
Country
Zip Code
Privacy Policy
Please Note: Business Insider will never share your information with any other companies. You also have the ability to unsubscribe from these newsletters at any time simply by following the unsubscribe link located at the bottom of each email
Tags: 10 Things You Need To Know SAI | Get Alerts for these topics »
Short URL
Share:
* Buzz
* Digg
* StumbleUpon
* Buzz
* More about embedding posts » Embed
* More about Alerts » Alerts
* Newsletter
x
To embed this post, copy the code below and paste into your website or blog.
600px wide (preview)
400px wide (preview)
300px wide (preview)
Advertisement:
Jay Yarow an editor at The Business Insider.
Contact:
e-mail:
jyarow@businessinsider.com
Work Phone:
646-484-6438
Subscribe to his twitter feed
Recent Posts
* Samsung's iPad Killer Comin...
* Do We Really Need A Touch S...
* Japan Giving iPads To Sumo ...
Sponsored Link:
You might like:
Selected for you by a sponsor:
* Obama Says Mosque Remarks Were Not Endorsement (The New York Times)
* Michael Vick Released from Prison (Petside.com)
[what's this]
Receive email updates on new comments!
3 Comments RSS
2
0
Flag as Offensive
Sammy the Walrus IV (URL) on Aug 24, 7:49 AM said:
Apple doing better in enterprise? Can't be true. What about all those problems that pop up when Apple is put to work in enterprise? I am trying my best to remember the reasons the anti-apple militia point too, but I really can't remember any.
Reply
0
2
Flag as Offensive
tim.hobbes on Aug 24, 8:08 AM said:
@Sammy the Walrus IV:
Apple + Enterprise = LOLOLOL
Reply
0
0
Flag as Offensive
RattyUK on Aug 24, 9:09 AM said:
"Some iTunes users with their accounts linked to PayPal seemed to have been to victimized by hackers."
Think it would have been worth pointing out that iTunes wasn't "hacked" as per the original reports in Tech Crunch but it was a phishing scam where people willingly handed over their details to the thieves. There was enough ambiguity with that sentence Jay to give people the impression that the payment system at iTunes was at fault. Where as it was more like putting your keys outside your house with a huge neon arrow pointing at them with a sign saying "the keys to this house", popping out for a meal and returning to find your house had been broken into.
MORAL: Give your passwords to thieves and they will steal stuff.
Reply
Join the discussion Login With Facebook Login With Twitter
Name (Required)
Email Address (Required but never displayed)
URL
Comments (You may use HTML tags for style)
Sign up to get Silicon Alley Insider emails
Zip
* NEW! Customized instant email alerts see sample
* Silicon Alley Insider Select see sample
* Silicon Alley Insider Chart Of The Day see sample
More:
* Business Insider Select see sample
* The Wire Select see sample
* Clusterstock Select see sample
* Clusterstock Chart Of The Day see sample
* Money Game Select see sample
* War Room Select see sample
* Apple Investor see sample
* Google Investor see sample
* Microsoft Investor see sample
* 10 Things Before the Opening Bell see sample
* 10 Things In Tech You Need To Know see sample
* Breaking News see sample
* Tip Of The Day see sample
* Subscribe
* RSS
* Mailing List
* Got a tip?
Let us know!
Sponsored by
Your Money
Dow Jones Industrial Average
NASDAQ Composite
Standard & Poors 500
Dow
-97.70
10076.71
-0.96%
Nasdaq
-26.00
2133.63
-1.20%
S&P 500
-11.62
1055.74
-1.09%
Quotes delayed at least 20 mins.
Advertisement
Get the Business Insider iPhone App
Housing Crisis Update
• In Case It Wasn't Obvious That The Homebuyer Tax Credit Created A Huge Distortion
weird house, editorial sidebar
• EXISTING HOMES SALES PLUNGE 27.2%
• The Real Story Behind Existing Home Sales: It Was The Lowest Since 1996, And Inventory Is Now Sky-High
• We Need Total Nationalization Of Housing
Hot Questions About Questions »
What Smart People Are Discussing Right Now
* Q: Should a mosque be built at Ground Zero? 48 Answers 35 minutes ago
* Q: Are you still using your iPad regularly? 40 Answers 2 hours ago
* Q: Is unemployment structural? 12 Answers 13 hours ago
* Q: QUESTION OF THE DAY: Is Foursquare toast? 7 Answers 1 day ago
* Q: Foursquare users, are you still going to use Foursquare--or switch to Facebook? 7 Answers 1 day ago
* Q: For Profit Schools 1 Answer 4 days ago
* Q: I am locked out of FB and I cannot get any help to get back on, Is there anyone that can send me a code that they say I need to get back unto FB Please!!! 1 Answer 4 days ago
* Q: Hey Android users: What's the best Android news application? 8 Answers 4 days ago
More Less
RSS | All »
Jobs
Venture Capital Associate
Santa Monica, CA
Greycroft Partners
Tax - International Transfer Pricing ...
Irvine, CA
Grant Thornton LLP
Senior Accountant
Los Angeles, CA
Language Weaver
Pre-MBA Associate
Santa Monica, CA (LA)
Greycroft Partners
Front-End Developer
Los Angeles, CA
OrganicStartup
Senior Magento Web Programmer
Santa Monica, CA
Beachmint
Tax Senior Manager
Los Angeles, CA
Grant Thornton LLP
Senior Linux System Administrator
Cyberjaya, Selangor, Malaysia
Betonmarkets.com
VP of Product Development
Houston, TX
Web Platform Developer
San Mateo, CA
Offer Foundry
More Jobs > Post a Job >
Read Me
Chris Dixon | comment 2
Here's how to use the Bowling Pin strategy: find a niche where you can get really popular and then hope to spread to the broader market.
Read »
Dan Frommer | comment 7
Shopkick could have been popular with teens, but doesn't work on the teen-friendly iPod touch.
Read »
Henry Blodget | comment 30
Our theory: Tiger's implosion this year wasn't about "distraction." It was about guilt.
Read »
Mark Suster
You have 20 seconds to get someone's attention. Here's how to make them count.
Read »
Evan Britton | comment 4
Most web publishers rely too heavily on Google, and that's not a good thing. Here are some ways to avoid that.
Read »
Advertisement
The Hive About The Hive »
What Smart People Are Reading Right Now
* Buzz Kill : LOL: The Life of Leo 25
* Hot Potato : We've Moved to Facebook 21
* Facebook Live on Facebook 18
* Twitter Hires Adam Bain Away From News Corp. As President Of Revenue 16
* Skype Etiquette 16
* Is the web really dead? - Boing Boing 16
* A VC: The Expanding Birthrate Of Web Startups 15
* The Rise of Text Messaging [INFOGRAPHIC] 14
More Less
RSS | All »
Sponsors
Sponsor Business Insider »
Popular
Commented
Tags
*
Meet The YouTube Stars Making $100,000 Plus Per Year
Meet The YouTube Stars Making $100,000 Plus Per Year 4,807,793 Views
*
burning house
15 Signs The U.S. Housing Market Is Headed For Complete And Total Collapse 1,185,783 Views
*
Lisa Falcone
The Hottest Hedge Fund Wives On Wall Street 290,399 Views
*
united airlines
18 Companies That Consumers Absolutely Hate 231,373 Views
*
lotterywinningbanker
Here's How 14 Investors Made The Trades That Made Their Careers 123,206 Views
*
statue of liberty
The New Backlash Against "Immigrants" Is Offensive And Absurd -- We're All Immigrants 207 Comments
*
statue of liberty
The Backlash Against "Immigrants" Is Offensive And Absurd -- We're All Immigrants 165 Comments
*
Barack Obama
Obama Shows His First Sense Of Panic About Backsliding Economy 157 Comments
*
Steve Jobs iPad
Don't Mean To Be Rude, But How In The World Is LG Going To Make A Better iPad Than Apple? 114 Comments
*
Jim Rogers 728
Jim Rogers: If You Want Your Family To Be Silly Rich In The Future, Then Leave America And Move To Asia Now 109 Comments
Android Banks Big Tech Bonds China Commodities Economy Europe Federal Reserve Gadgets Hedge Funds Housing Inflation Investing Japan Location-Based Services Markets Media Mobile Online People Startups Stock Market TV Unemployment Video Wall Street iPad iPhone iPhone Apps
*
A-Z Index
* Companies
* Authors
* Tags
* Site Map
*
Video
* Latest
* TBI Live
*
Lists & Rankings
* SAI 50
* SA 100
* Best Business Schools
* Sexiest CEOs
* More
*
Your Account
* Register
* Change Your Email
* Preferences
*
About BI
* About
* Masthead
* Contact
* Advertise
* Mobile
*
Follow BI
* Email Newsletters
* RSS
*
Verticals
* Tech & Telecom
* Media
* Finance
* Macro-economy
* Green Tech & Energy
* SMB Strategy
* Law Review
* TBI Research
*
Tools
* Stock Quotes
* Job Listings
* Copyright © 2010 Business Insider, Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. | Disclaimer
Redesign by Intersect, Inc. | Powered by MongoDB | Hosted by Datapipe | Web analytics by Empirical Path
Subscribe to Instant Alertsclose
Enter you email address and zip code to set up customized email alerts.
Zip
Subscribe to:
Posts (Atom)
