Category: Points of Information

Very brief descriptions, with appropriate links, of current or recent news items.

Bernanke to Congress: We’re Much Closer to Total Destruction Than You Think

6:51 pm

Bernanke to Congress: We’re much closer to total destruction than you think. Key quote:

One way or the other, fiscal adjustments sufficient to stabilize the federal budget must occur at some point. The question is whether these adjustments will take place through a careful and deliberative process that weighs priorities and gives people adequate time to adjust to changes in government programs or tax policies, or whether the needed fiscal adjustments will come as a rapid and painful response to a looming or actual fiscal crisis.

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Tea Party freshmen may rue $100B in cuts

6:16 pm

Now for some squealing from the “press”: Tea Party freshmen may rue $100B in cuts. I like this comment in response to the story:

Where was the press when Democrats passed $800 billion in useless stimulus? Where were they when unemployment shot up and over the 8% limit Democrats said we would reach without the lame stimulus? They sure jump up when you come up short on $100 billion in cuts…good luck and go after entitlements, please.

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White nose found in North Caroina

1:11 pm

The fungus that has been killing cave hibernating bats throughout the eastern United States has now been found in North Carolina.

In a related note, the National Speleological Society has sent a letter to the U.S. Fish and Wildlife Service, expressing its concern over what many cavers believe has been the government’s indiscriminate cave closure policies in response to the white nose fungus. Key quote:

Our members have been extremely patient and collaborative throughout the entire [white nose syndrome] situation, but the frustration and discontent has been growing. We are hearing more and more from across the country that cavers do not want to participate in collaborative efforts – in much part due to management decisions by federal and state agencies that are perceived by knowledgeable and conservation-minded cavers to be over-reactive, based on sometimes slim science, speculation and political pressure, and insensitive to broader science and conservation issues. That result would not be beneficial to anyone.

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