California – the Coming Collapse
Another government budget disaster: California – the coming collapse.
Another government budget disaster: California – the coming collapse.
Tag: government
California – the Coming Collapse
Bankruptcy of U.S. government “mathematical certainty” says banker
The former CEO of one of the nation’s largest banks says that unless the federal government gets its budget under control, bankruptcy is a “mathematical certainty.” I especially like this quote from the CEO, John Allison, in describing the past history of Fannie Mae and Freddie Mack:
“I was on a committee, a Financial Services Roundtable, for nine years trying to do something about Freddie Mac and Fannie Mae,” said Allison. “You couldn’t help but see it coming,” he said. “You ran the numbers, particularly the last several years, and it was mathematically certain Freddie and Fannie were going bankrupt.”
“We met with Congress. We met with [House Financial Services Chairman] Barney Frank and [Senate Banking Chairman] Chris Dodd and they absolutely wouldn’t see it,” said Allison.
The former CEO of one of the nation’s largest banks says that unless the federal government gets its budget under control, bankruptcy is a “mathematical certainty.” I especially like this quote from the CEO, John Allison, in describing the past history of Fannie Mae and Freddie Mack:
“I was on a committee, a Financial Services Roundtable, for nine years trying to do something about Freddie Mac and Fannie Mae,” said Allison. “You couldn’t help but see it coming,” he said. “You ran the numbers, particularly the last several years, and it was mathematically certain Freddie and Fannie were going bankrupt.”
“We met with Congress. We met with [House Financial Services Chairman] Barney Frank and [Senate Banking Chairman] Chris Dodd and they absolutely wouldn’t see it,” said Allison.
Florida Today calls for more NASA spending from new Congress
The first hints of the new space war over NASA: Florida Today calls for the new Congress to continue the NASA budget increases as authorized by the old Congress.
The first hints of the new space war over NASA: Florida Today calls for the new Congress to continue the NASA budget increases as authorized by the old Congress.
We ain’t goin’ away
An evening pause: As election day is just about over, I think this song will help explain to our elected officials the kind of government the United States has, and how the results from today are merely a single moment in a long struggle.
New regulations by EPA threatens to reduce the electrical grid capacity by 7.2%
A deluge of new regulations by the EPA threatens to reduce the American capacity to produce electricity by over seven percent.
A deluge of new regulations by the EPA threatens to reduce the American capacity to produce electricity by over seven percent.
Anti-American propaganda from the National Endowment for the Humanities
Anti-American propaganda from the National Endowment for the Humanities. Key quote:
In my thirty years as a professor in upper education, I have never witnessed nor participated in a more extremist, agenda-driven, revisionist conference, nearly devoid of rhetorical balance and historical context for the arguments presented.
Anti-American propaganda from the National Endowment for the Humanities. Key quote:
In my thirty years as a professor in upper education, I have never witnessed nor participated in a more extremist, agenda-driven, revisionist conference, nearly devoid of rhetorical balance and historical context for the arguments presented.
UN conference passes broad ban on “geoengineering”
A UN conference in Japan today approved the extremely broad language that I had noted earlier this week, banning all “climate-related geoengineering activities that may affect biodiversity . . . until there is an adequate scientific basis on which to justify such activities.” You can read some reactions here. Key quote from the ETC group, a Canadian non-profit organization which supports the language:
The agreement, reached during the ministerial portion of the two-week meeting which included 110 environment ministers, asks governments to ensure that no geoengineering activities take place until risks to the environment and biodiversity and associated social, cultural and economic impacts have been appropriately considered. The CBD secretariat was also instructed to report back on various geoengineering proposals and potential intergovernmental regulatory measures.
If the broad language of this policy is accepted by the United States government, it will effectively shut down almost all new construction and development, as practically anything people do “may affect biodiversity.”
SpaceX’s Dragon capsule cleared for launch but not landing by FAA
Our government at work! The FAA has given SpaceX a license to launch the Dragon capsule, scheduled for a November 18 launch on the Falcon 9 rocket, but not yet given them a license to land.
Our government at work! The FAA has given SpaceX a license to launch the Dragon capsule, scheduled for a November 18 launch on the Falcon 9 rocket, but not yet given them a license to land.
First ticket issued for deadly butter
Our government doing the really important work! Health officials in Baltimore have handed out their first ticket to a restaurant for not using the proper cooking recipe, as determined by the government. Key quote:
“They originally had a margarine that was above 3 grams, actually, which is very high compared to the .5 that is allowed. Then when we came back and they had replaced it, they replaced it with one that was 2 grams, so it still was too high,” [Health Department agent Juan] Gutierrez said.
And then there’s this: Fake health inspectors at restaurants on the rise.
Our government doing the really important work! Health officials in Baltimore have handed out their first ticket to a restaurant for not using the proper cooking recipe, as determined by the government. Key quote:
“They originally had a margarine that was above 3 grams, actually, which is very high compared to the .5 that is allowed. Then when we came back and they had replaced it, they replaced it with one that was 2 grams, so it still was too high,” [Health Department agent Juan] Gutierrez said.
And then there’s this: Fake health inspectors at restaurants on the rise.
Tax Official Threatens to Shut Down Kids‘ Pumpkin Stand For Lacking ’Proper Permit’
More government idiocy: Tax official threatens to shut down kids‘ pumpkin stand for lacking “a proper permit.”
More government idiocy: Tax official threatens to shut down kids‘ pumpkin stand for lacking “a proper permit.”
Why this election is important
Mark Steyn explains why next week’s midterm election and what the next Congress does has very special significance. Key quote:
In a two-party system, you have to work with what’s available. In America, one party is openly committed to driving the nation off the cliff, and the other party is full of guys content to go along for the ride as long as we shift down to third gear. That’s no longer enough of a choice. If your candidate isn’t committed to fewer government agencies with fewer employees on lower rates of pay, he’s part of the problem. This is the last chance for the GOP to restore its credentials. If it blows it, all bets are off for 2012.
Mark Steyn explains why next week’s midterm election and what the next Congress does has very special significance. Key quote:
In a two-party system, you have to work with what’s available. In America, one party is openly committed to driving the nation off the cliff, and the other party is full of guys content to go along for the ride as long as we shift down to third gear. That’s no longer enough of a choice. If your candidate isn’t committed to fewer government agencies with fewer employees on lower rates of pay, he’s part of the problem. This is the last chance for the GOP to restore its credentials. If it blows it, all bets are off for 2012.
Judges in Geert Wilders’ Free Speech Case Removed from Trial
Things are not going well for those Dutch officials who want to squelch free speech: The judges in Geert Wilders’ free speech case have been removed, and the trial has to start from scratch.
Things are not going well for those Dutch officials who want to squelch free speech: The judges in Geert Wilders’ free speech case have been removed, and the trial has to start from scratch.
New Study Says Cost of Health Reform Subsidies Could Far Exceed Previous Estimates
This bill is going to dog the Democrats who voted for it for years: A new study says the cost of the healthcare bill’s subsidies will far exceed Congressional Budget Office estimates.
This bill is going to dog the Democrats who voted for it for years: A new study says the cost of the healthcare bill’s subsidies will far exceed Congressional Budget Office estimates.
Clinton misplaced the nuclear codes twice
It appears that while he was president, Bill Clinton misplaced the pocket electronic component, called a biscuit, that holds the codes used to activate America’s nuclear forces. And he didn’t tell anyone for months! As Ed Morrissey notes,
“Did they look under the sofa cushions? That’s where my remote usually winds up.”
It appears that while he was president, Bill Clinton misplaced the pocket electronic component, called a biscuit, that holds the codes used to activate America’s nuclear forces. And he didn’t tell anyone for months! As Ed Morrissey notes,
“Did they look under the sofa cushions? That’s where my remote usually winds up.”
Arianespace in trouble
Expensive and therefore not as competitive for market share as it could be, Arianespace is now facing a second year of losses and further competition from a variety of other rocket companies.
Expensive and therefore not as competitive for market share as it could be, Arianespace is now facing a second year of losses and further competition from a variety of other rocket companies.
Closing caves for the convenience and power of the government
A variety of federal government agencies are moving aggressively to shut down human access to all American caves, including those on private property. Key quote:
In Wisconsin, where white nose syndrome has not yet appeared, wildlife managers want to get a jump on the disease by declaring G. destructans [the fungus associated with the syndrome] an invasive species, and declaring four species of bats threatened. Those designations would give wildlife agencies access to new sources of funds. They would also “give police power to the agencies to go onto private land to prevent damage to these newly named threatened species,” said [Peter] Youngbaer, [white nose syndrome liaison for the National Speleological Society]. “We fear that private landowners will be fearful of allowing even inadvertent access to caves, and thus move to seal caves shut. They’ll be causing more damage to the bats that they’re ostensibly trying to protect.” [emphasis mine]
As a caver, I not only have a strong personal interest in this story, I know a lot about bats and caves from personal experience. As a science writer who has also written about white nose syndrome for Science, I am also very familiar with the present state of the science. Based on this background, I find the actions of these government officials unconscionable. As one commenter to this article very correctly noted:
“There is currently *no* evidence that humans have spread this disease, but mountains of evidence for bat-to-bat transmission. The possibility does exist that humans *could* spread it, but even at its worst a human vector would be quite statistically insignificant in comparison to the bat-to-bat transmission.
In other words, closing all caves to human access can accomplish no good, and a great deal of harm. Yet, this is exactly what these government officials and environmental bureaucrats wish to do.
Back in March 2008, soon after white nose syndrome was discovered, I wrote the following:
I am beginning to believe strongly that the situation has worrisome political overtones linked to the unstated desire of some people to limit access to caves. . . . Some people are distorting the situation for their own purposes, either consciously or unconsciously. . . . Some of those people might have an agenda (closing caves to cavers) that is entirely irrelevant to the issue of white nose.
The article above only serves to confirm my opinions from 2008. The government officials who are demanding the indiscriminate closure of caves and the unfettered control over caves on private property are not really interested in protecting or saving the bats. In fact, their actions might actually do great harm to the bats, as the closures, the regulatory restrictions, and the threat to private property will antagonize both cavers and landowners, thus guaranteeing their unwillingness to cooperate with scientists.
So what do these government officials want? As far as I can tell, what they really want is power. And they are using white nose syndrome as a hammer to gain it.
Sadly, I fear that they are going to succeed. Today’s environmental laws are rigged to their advantage. The press is generally on their side. And the opposition to this power grab is diffuse and weak.
Once again, we see the death of freedom. And it dies, not by a single devastating blow, but by the death of a thousand cuts.
It’s the out of control spending, stupid!
Watch this so-called panel of expects on MSNBC as they desperately try to figure out why why women play such a large part in the tea party movement. Totally baffled, the best these out-of-touch “gurus” can come up with is “taxes” and “women pay the family bills.”
Putting aside their blatent bigotry (“Women as we all know are smarter than men.”) and childishly shallow generalizations (“Something about finding a voice.”), these empty headed fools, emblematic of most modern elite intellectuals, can’t see the obvious elephant in the room.
It’s the out-of-control government spending, stupid! On Monday the Treasury Department released numbers showing that since Barack Obama took office just two years ago, the debt of the federal government rose by $3 trillion.
This graph, courtesy of Gateway Pundit, gives some context to the increase in the debt:
Spending was horrible under George Bush. The public was worried about it. Now spending has gone insane under President Obama, and the public is more than worried, the public is outraged and spitting nails. That these elites don’t see this either means they are incredibly stupid, or they want the country to collapse in a sea of debt. In either case, they shouldn’t have the jobs they do.
Beating the European ban on 75 watt bulbs
Here’s some European Union madness: Because the Union banned light bulbs of more than 60 watts, a German entrepreneur is legally marketing his 75 and 100 watt bulbs by having them made in China and then importing them as “small heating devices” dubbed “heatballs.”
Here’s some European Union madness: Because the Union banned light bulbs of more than 60 watts, a German entrepreneur is legally marketing his 75 and 100 watt bulbs by having them made in China and then importing them as “small heating devices” dubbed “heatballs.”
Miller security guards handcuff journalist
Freedom of speech alert! Security guards at a campaign appearance for Joe Miller, the Republican Senatorial candidate in Alaska, detained and handcuffed a journalist who was trying to ask Miller questions.
Freedom of speech alert! Security guards at a campaign appearance for Joe Miller, the Republican Senatorial candidate in Alaska, detained and handcuffed a journalist who was trying to ask Miller questions.
Chicago mainstream reporters threaten reporter asking tough questions of Emanuel
Updated and bumped.The police have now issued an arrest warrent against reporter Jay Levin. (This is based on his behavior in the video below. He is the reporter in the red wind breaker, threatening another reporter, William Kelly, who was asking tough questions of Rahm Emanuel.) Key quote:
This morning, I [William Kelly] filed a police report and signed an arrest warrant against Jay Levine for assault. The Chicago police have already reviewed the video and agreed that an assault was committed.
——
Is there no wonder people joke about a “state-run” media? Here, Chicago mainstream reporters threaten a reporter when he tries to ask Rahm Emanuel some tough questions. More here. Best line from CBS reporter Jay Levin:
Let him finish or I’m going to deck you!
Watch the whole video. The good stuff begins at around one minute.
Sorry that much of today’s posts relate to politics and not science or space. I can only follow the news where it takes me.
Charles Lollar vs Steny Hoyer
Steny Hoyer must be in trouble. At the Charles County Candidate Forum on Wednesday, he lowered himself to actually debate his opponents for the upcoming Congressional election, the first time I have seen this happen since I moved to his district in 1999. However, his Republican opponent, Charles Lollar, got the last word, and made Hoyer look bad.
Prosecutors recommend acquital on all charges for Wilders
Dutch prosecutors have recommended acquital for Geert Wilders on all charges. Though this is a vindication for Wilders, it is tragic that government officials thought they had the right to put Wilders on trial to begin with, merely because of things he said. Moreover, the trial is still scheduled to go on next week, despite these recommendations.
Dutch prosecutors have recommended acquital for Geert Wilders on all charges. Though this is a vindication for Wilders, it is tragic that government officials thought they had the right to put Wilders on trial to begin with, merely because of things he said. Moreover, the trial is still scheduled to go on next week, despite these recommendations.
Two Democratic candidates try to silence their opposition
Freedom of speech alert! Rather than debate their opponents, two Democratic House candidates are trying to shut them up.
In the first case, incumbent Steve Driehaus (D-Ohio) is trying to use election laws to block an anti-abortion group from putting up billboards against him. Ed Morrissey at hotair.com has more details.
In the second case, incumbent Kathy Dahlkemper (D-Pennsylvania) is trying to get radio stations to pull the radio ads of another anti-abortion group which attack her for her healthcare vote.
In both cases, the Democratic candidates voted for the Healthcare bill, and seem to want to hide that fact now from the voters. Not only does this illustrate the contempt they have of freedom of speech, it shows us just how toxic the healthcare bill has become politically. I suspect that this law is going to dog the Democrats who voted for it for years to come.
Climate Talks in China Limp Toward Deadlock
Thank god for small blessings. The climate talks in China this past week are limping towards a deadlock, with no new agreements. It appears that the biggest problem are disagreements between China and the U.S.
Personally, I love how this quote from the article so nicely illustrates the totalitarian nature of many climate activists and their organizations:
Currently, the World Resources Institute is proposing the White House abandon legislative means and rely on the existing Clean Air Act to make emissions reductions administratively.
In other words, if the elected Congress of the United States is unwilling to pass restrictions (because a majority of the people of the United States oppose them), then the government should ignore the people’s wishes and impose those restrictions, without permission.
Ugh. The less power these environmental dictators have, the better for everyone else.
South Carolina man ordered by the government to remove religious signs from his property
A South Carolina man has been ordered by his local county government to remove religious signs on his own property or face fines. He is suing.
A South Carolina man has been ordered by his local county government to remove religious signs on his own property or face fines. He is suing.
We won’t release our contributors because the adminstration will then harass them
Is this how a government in a free society functions? The Chamber of Commerce won’t release its contributors because they fear the administration will harass and threaten them. And they have experience to back that fear up. Key quote:
What this administration wants is a list of who the companies are who are contributors, and we saw last year . . .when we very publicly ran ads against the Patients Protections and Affordable Care Act . . . there was an attempt to try and find out who were the corporations that were contributing to that effort. When some of those corporate names were divulged, not by us, by others, what did they receive? They received protests, they received threats, they were intimidated, they were harassed, they had to hire additional security, they were recipients of a host of proxies leveled at those companies that had nothing to do with the purpose of those companies. So we know what the purpose here is. It’s to harass and intimidate. [emphasis mine]
That the White House and President Obama are right now willing to accuse their opponents of all manner of evils (taking money from foreign governments) without any evidence is further evidence that there are reasons to fear them.
A Tea Party in Maryland
Last night I attended the most recent meeting of the Maryland Society of Patriots, a tea party group that was founded back in 2009. Attendance was pretty typical, with about fifty people filling the meeting room of the local library in Burtonsville, Maryland. As usual, Sam Hale, the founder of the group, had garnered a range of candidates to speak to us, including Eric Wargotz, the Republican candidate for the Senator, running against Barbara Mikulski (D-Maryland).
For Wargotz, the questions got a bit heated at one point, as one member of the audience wanted to know his commitment to defending the Constitution.
What makes this group significant is that the majority of its members come from very Democratic districts. Yet, not only has attendance been high at almost every meeting, the membership has including a wide range of ordinary people, most of whom have never done politicial activitism in their lives.
This is Eric Cary, who is running for the Maryland State Senate. I’ve included more pictures below the fold. » Read more
Federal government spending rose 9% in 2010
So, Congressman Hare (D-Illinois), is the debt still a myth? According to numbers released today by the Congressional Budget Office, the federal government’s spending rose 9% in 2010, for a total deficit of $1.291 trillion.
So, Congressman Hare (D-Illinois), is the debt still a myth? According to numbers released today by the Congressional Budget Office, the federal government’s spending rose 9% in 2010, for a total deficit of $1.291 trillion.
White House arbitrarily gives healthcare law waivers to some companies
The law for some but not for others: Threatened with a firestorm of protest just prior to the election because a number of large corporations were going to drop millions from healthcare coverage because of the new Obamacare regulations, the White House today arbitrarily waived for one year those provisions for 30 large companies.
This action raises three obvious points:
- If the healthcare law was so wonderful, why is the White House suspending its inception?
- Why should these companies get a break, and not others? In fact, if I was the owner of a company that did not get a waiver, I would sue.
- This once again proves false the claim by Obama that the law would force no one to lose their healthcare plan. To me, the words “You lie!” come quickly to mind.
Ed Morrissey at hotair.com makes some additional good points about this absurd situation.
ESA struggles to fund returnable module
Government space faces budget realities: The European Space Agency is struggling to find the funds to both extend ISS as well as upgrade their cargo carrier so that it can also return cargo from ISS.
Government space faces budget realities: The European Space Agency is struggling to find the funds to both extend ISS as well as upgrade their cargo carrier so that it can also return cargo from ISS.