Thursday, October 08, 2015
We spend tens of billions a year to gather intelligence yet we can't figure out where ISIS gets its frigging Toyotas?
Posted by Steve J. at 9:15 PM
Tuesday, October 06, 2015
many of them either support or are OK with The Donald, so I'm wondering how they will react to Trump's no-nonsense statements about George W. Bush & the Iraq War:
Trump calls former President George W. Bush 'a disaster'
Published October 06, 2015
Republican presidential candidate Donald Trump took a swipe at former President George W. Bush Tuesday night on Fox News’ “Special Report with Bret Baier,” saying he had been a “disaster” and entering the Iraq War was “one of the worst decisions ever made.”
When Baier asked Trump if he stood by a statement he made 2007 and 2008 saying he would impeach Bush for getting into the Iraq War, Trump replied, “I think he was a disaster and I think it was one of the worst decisions ever made. (He) has totally destabilized the Middle East. If you had Saddam Hussein, you wouldn’t have the problems you have right now.”
Posted by Steve J. at 11:36 PM
Monday, October 05, 2015
if you aren't a puddler. A puddling furnace was used to create high quality bar iron and puddlers were the men who literally scooped out the iron spheres from the furnaces. According to Landes (p. 281) this was very tough work:
Posted by Steve J. at 8:41 PM
Sunday, October 04, 2015
Ben Bernanke's has told USA Today a little more about what he thinks of some banksters and the NYT provided a few excerpts:
That last phrase is a bit disingenuous because he could have referred some cases to the FBI or SEC."It would have been my preference to have more investigations of individual actions because obviously everything that went wrong or was illegal was done by some individual, not by an abstract firm," Bernanke said.Asked if someone should have gone to jail, the former Fed chairman replied, "Yeah, I think so." He did not, however, name any individual he thought should have been prosecuted and noted that the Federal Reserve is not a law-enforcement agency.
Posted by Steve J. at 7:44 PM
Thursday, October 01, 2015
According to The Telegraph, Ben Bernanke was incensed at the shenanigans of AIG executives:
Recounting the frenzied deliberations as the Fed grappled with the collapse of giant insurer American International Group, Mr Bernanke says: "I kept my emotions in check and tried to view the situation analytically, as a problem to be solved. But once I fully understood how irresponsible (or clueless) AIG's executives had been, I seethed." AIG eventually received nearly $185bn in federal aid.
Posted by Steve J. at 7:38 PM
Wednesday, September 30, 2015
The full bill won't be released until tomorrow so there might be a "poison pill" tucked in the criminal justice reform measure that the Senate seems ready to pass. Right now, the details look pretty good:
The bill would significantly reduce federal mandatory minimum sentences for nonviolent, repeat drug offenders and limit circumstances under which someone might face a “three strikes, you’re out” life sentence. It also would give judges more discretion to override a mandatory minimum. The bill would apply the Fair Sentencing Act of 2010 – which drastically reduced the sentencing disparity between crack and powder cocaine – retroactively. ... The bill would also limit solitary confinement for juveniles in federal facilitiesOne key graph that makes me think we will see real reform:
However, Mark Holden, general counsel for Koch Industries and a top conservative voice for criminal justice reform, said on Wednesday that while he’d ultimately like to see Hatch's hoped for changes, “I’m assuming that there’s enough really good stuff that everybody can coalesce around.”I've previously read reports that the Koch brothers were supporting criminal justice reform and now it looks like those reports are correct.
Posted by Steve J. at 8:56 PM
Saturday, September 26, 2015
Marco Rubio told the crowd at the Values Voter Summit that Boehner had resigned and about half of them rose to give a standing ovation. I suspect these folks are the core audience for conservative talk radio.
Posted by Steve J. at 6:21 PM
As I read the Landes passages on the Protestant Ethic and the lower classes, I recalled reading that some US farm workers had a similar attitude about life & work because when their pay was raised, they also worked fewer hours. (I don't have the page numbers but it was from the book cited here.) I later recalled that most of the Appalachian poor are White, Anglo-Saxon and Protestant and like the English workers, they also preferred leisure to income after a certain point. As Herman Melville pointed out, the richer folks refused to believe that the poor had made a legitimate life style choice.
Posted by Steve J. at 4:11 PM