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Penske_Account 10-20-2005 04:02 PM

A Question of Balance
 
Quote:

Originally posted by bilmore
C'mon, that's skewed. I probably have a better balance sheet right now than Northwest Airlines, but I bet NWA can afford more expensive scotch and better hookers than I can.

That's leverage. I have that too, it is why I am balance sheet poor yet income rich. NWA's magnitudes are just greater than mine; and going to that, I don't think that they can affourd more expensive scotch or better hookers than either you or I, but rather, they can affourd greater quantities of both than either of us. And write the cost off.

Penske_Account 10-20-2005 04:11 PM

the trouble with Harryette x2
 
A sign of the apocalypse might be when Michelle Malkin and the NYT Editorial board agree........


The early reports are that she has hardly dazzled people with her legal mind, and senators from both parties have been frustrated by her refusal to give her views on even the most basic points of law...........Either Ms. Miers is so underqualified that she cannot even go through the motions competently, or her sponsor, the president, thinks serious effort isn't necessary because once he gives his personal endorsement to a candidate, the Senate will silently fall into line.



I have stayed away from the depressing and divisive subject of Harriet Miers for a few days. It was a healthy little respite. But things have taken yet another grim, embarrassing turn--and it is becoming increasingly difficult to imagine that this nomination will make it to the scheduled Nov. 7 Senate hearing date.......As a non-elite, non-lawyer, non-Beltway pundit might put it: "What the...?!?" If this bizarre gaffe is supposed to demonstrate Miers' sharp legal mind and painstaking attention to detail, God help us all.

She is going down. The hard way.

bilmore 10-20-2005 04:24 PM

the trouble with Harryette x2
 
Quote:

Originally posted by Penske_Account
She is going down. The hard way.
She'll get in just because enough people will defer to Bush. But, if I were Stevens, I wouldn't accept food or drink from anyone I didn't know extremely well.

Penske_Account 10-20-2005 04:30 PM

the trouble with Harryette x2
 
Quote:

Originally posted by bilmore
She'll get in just because enough people will defer to Bush.
for the sake of the Republic I pray to the babyjesuschristsuperstar that you are wrong.

bilmore 10-20-2005 04:46 PM

The Republic is dead. Long live the . . .
 
John Derbyshire - conservative extraordinaire - on too much Valium:

"Conservatism is a dead letter, as I pointed out five years ago on this site.

There aren't going to be any more Coolidges or Reagans. It's over. Fuggedaboutit.

Ronald Reagan and Margaret Thatcher came to power not because people were fed up with socialism. People -- practically everybody, practically everywhere -- LIKE socialism. In Britain, people were fed up with the overweening power of labor unions, which were the vehicle for socialism in that age. The wheels of that particular vehicle were coming off, that was all. In the USA, the humiliations of Iran and Afghanistan, obvious mismanagement of the economy (though not a particularly too-much-socialism kind of mismanagement), and the unattractive personality of Jimmy Carter got the Presidency for Reagan. Not by much, though: in the 1980 election, Reagan only got a tad over 50 percent of the popular vote. (In 1984 it was 58.8 percent.) Thatcher I believe never made 50 percent.

All the windsocks are now pointing in the direction of more socialism. As the population ages, Americans will want more leisure, drugs, health care, nursing homes, security. As the Jihadist threat continues to metastasize (from the MidEast to Indonesia, Thailand, Africa, the Caucasus, Europe), we shall want the state to have more police powers, more scrutiny of us and our lives. The trend of the last 40 years away from the old Anglo-Saxon rights and liberties -- private property rights (google "tobacco settlement," "Kelo," etc.), freedom of speech, contract and assembly ("speech codes," anti-discrimination laws, etc.), limited government (is Washington DC shrinking? looking poorer and shabbier? not that I've noticed) -- will accelerate. And everybody will be fine with all this, because that's what everybody wants, except for a few freakish intellectuals like ourselves.

It's fun to kick this stuff around on The Corner, in Reason, in National Review, and elsewhere. Nobody's listening, though, and none of it's going to happen. All the other things, all the opposite things, are going to happen. There's no new age of freedom coming -- our freedoms diminish daily, and nobody much minds. There's no fiscal responsibility on the horizon -- nobody really wants it, so long as the trough can be kept full of swill. Socialism is gathering strength for a great comeback, with the winds of demographic collapse, nuclear proliferation, and smug prosperity filling its sails, and with new technologies of information management and biological manipulation to help steer the course.

It's over, conservatives. Go home. Take a cab."

(
Here. )

nononono 10-20-2005 04:58 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by bilmore
John Derbyshire - conservative extraordinaire - on too much Valium:

"Conservatism is a dead letter, as I pointed out five years ago on this site.

There aren't going to be any more Coolidges or Reagans. It's over. Fuggedaboutit.

Ronald Reagan and Margaret Thatcher came to power not because people were fed up with socialism. People -- practically everybody, practically everywhere -- LIKE socialism. In Britain, people were fed up with the overweening power of labor unions, which were the vehicle for socialism in that age. The wheels of that particular vehicle were coming off, that was all. In the USA, the humiliations of Iran and Afghanistan, obvious mismanagement of the economy (though not a particularly too-much-socialism kind of mismanagement), and the unattractive personality of Jimmy Carter got the Presidency for Reagan. Not by much, though: in the 1980 election, Reagan only got a tad over 50 percent of the popular vote. (In 1984 it was 58.8 percent.) Thatcher I believe never made 50 percent.

All the windsocks are now pointing in the direction of more socialism. As the population ages, Americans will want more leisure, drugs, health care, nursing homes, security. As the Jihadist threat continues to metastasize (from the MidEast to Indonesia, Thailand, Africa, the Caucasus, Europe), we shall want the state to have more police powers, more scrutiny of us and our lives. The trend of the last 40 years away from the old Anglo-Saxon rights and liberties -- private property rights (google "tobacco settlement," "Kelo," etc.), freedom of speech, contract and assembly ("speech codes," anti-discrimination laws, etc.), limited government (is Washington DC shrinking? looking poorer and shabbier? not that I've noticed) -- will accelerate. And everybody will be fine with all this, because that's what everybody wants, except for a few freakish intellectuals like ourselves.

It's fun to kick this stuff around on The Corner, in Reason, in National Review, and elsewhere. Nobody's listening, though, and none of it's going to happen. All the other things, all the opposite things, are going to happen. There's no new age of freedom coming -- our freedoms diminish daily, and nobody much minds. There's no fiscal responsibility on the horizon -- nobody really wants it, so long as the trough can be kept full of swill. Socialism is gathering strength for a great comeback, with the winds of demographic collapse, nuclear proliferation, and smug prosperity filling its sails, and with new technologies of information management and biological manipulation to help steer the course.

It's over, conservatives. Go home. Take a cab."

(
Here. )
Derbyshire always takes the sunny view, no?

Ever emailed with him? I debated with both him and Stanley Kurtz a couple of times about gay marriage, I think it was. Surprisingly, no one changed anyone's mind, but they were gracious enough to entertain the correspondence. :)

Penske_Account 10-20-2005 05:08 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by bilmore
John Derbyshire - conservative extraordinaire - on too much Valium:

"Conservatism is a dead letter, as I pointed out five years ago on this site.

There aren't going to be any more Coolidges or Reagans. It's over. Fuggedaboutit.

Ronald Reagan and Margaret Thatcher came to power not because people were fed up with socialism. People -- practically everybody, practically everywhere -- LIKE socialism. In Britain, people were fed up with the overweening power of labor unions, which were the vehicle for socialism in that age. The wheels of that particular vehicle were coming off, that was all. In the USA, the humiliations of Iran and Afghanistan, obvious mismanagement of the economy (though not a particularly too-much-socialism kind of mismanagement), and the unattractive personality of Jimmy Carter got the Presidency for Reagan. Not by much, though: in the 1980 election, Reagan only got a tad over 50 percent of the popular vote. (In 1984 it was 58.8 percent.) Thatcher I believe never made 50 percent.

All the windsocks are now pointing in the direction of more socialism. As the population ages, Americans will want more leisure, drugs, health care, nursing homes, security. As the Jihadist threat continues to metastasize (from the MidEast to Indonesia, Thailand, Africa, the Caucasus, Europe), we shall want the state to have more police powers, more scrutiny of us and our lives. The trend of the last 40 years away from the old Anglo-Saxon rights and liberties -- private property rights (google "tobacco settlement," "Kelo," etc.), freedom of speech, contract and assembly ("speech codes," anti-discrimination laws, etc.), limited government (is Washington DC shrinking? looking poorer and shabbier? not that I've noticed) -- will accelerate. And everybody will be fine with all this, because that's what everybody wants, except for a few freakish intellectuals like ourselves.

It's fun to kick this stuff around on The Corner, in Reason, in National Review, and elsewhere. Nobody's listening, though, and none of it's going to happen. All the other things, all the opposite things, are going to happen. There's no new age of freedom coming -- our freedoms diminish daily, and nobody much minds. There's no fiscal responsibility on the horizon -- nobody really wants it, so long as the trough can be kept full of swill. Socialism is gathering strength for a great comeback, with the winds of demographic collapse, nuclear proliferation, and smug prosperity filling its sails, and with new technologies of information management and biological manipulation to help steer the course.

It's over, conservatives. Go home. Take a cab."

(
Here. )
Is 3 years of age too young to start taking a child to a firing range and teaching them proper gun handling skills?

Penske_Account 10-20-2005 05:09 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by nononono
Derbyshire always takes the sunny view, no?

Ever emailed with him? I debated with both him and Stanley Kurtz a couple of times about gay marriage, I think it was. Surprisingly, no one changed anyone's mind, but they were gracious enough to entertain the correspondence. :)
Even socialists dream of Jeannie.....

bilmore 10-20-2005 05:15 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by nononono
Ever emailed with him?
Don't think I could. It would be like a devout Catholic e-mailing the Pope . . .

Derb just gets too depressed sometimes. He says that everyone likes socialism, but he's wrong. What everyone likes is, Money For Nothing.

nononono 10-20-2005 05:20 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by Penske_Account
Even socialists dream of Jeannie.....
Heh. But if he were dead he's be rolling over in his grave to hear the mischaracterization, I am sure. Speaking of massive governmentalism, I scrolled quickly past something over there about the UN wanting to develop some sort of oversight over the internet. Here's what was in the Corner:

NORM COLEMAN VS. THE UNITED NATIONS, CONTINUED [Kathryn Jean Lopez]
This time, challenging their Internet-dominance lust.


Washington, D.C.—Senator Norm Coleman today introduced a Sense of the Senate Resolution to support the U.S.’s historic role in Internet government oversight in order to protect a handover of the unprecedented communications and informational medium to U.N. control. In a final report issued by the United Nations’ Working Group on Internet Governance (WGIG) this past July, WGIG recommended that the U.N. assume global governance of the Internet. Next month, the issue of the handover of Internet controlled is scheduled for review at the UN-sponsored World Summit on the Information Society meeting in Tunisia.

“There is no rational justification for politicizing Internet governance within a UN framework,” said Coleman. “Nor is there a rational basis for the anti-U.S. resentment driving the proposal. Privatization, not politicization, is the Internet governance regime that must be fostered and protected. At the World Summit next month, the internet faces a grave threat. If we fail to respond appropriately, we risk the freedom and enterprise fostered by this informational and communications giant, and sacrifice access to information, privacy, and protection of intellectual property. This is not a risk I am prepared to take, which is why I initiated action to respond on a Senate level to this danger.”

Of course, Coleman really gets the absudity of the corrupt U.N. of Oil-for-Food fame wanting to control something so vast. More from his office:

Tomorrow, October 18, 2005, Sen. Coleman will urge the adoption of extensive reforms that stemmed from his 19-month long Senate Investigations Subcommittee probe into the U.N. Oil-for-Food Program at a Senate Foreign Relations Committee hearing titled, Prospects for United Nations Reform. Coleman has been critical of the lack of progress on reform at the recent U.N. World Summit held in New York, saying members failed to address the critical components of U.N. reform that have been proposed following revelations of widespread abuses and scandals in U.N. activities ranging from humanitarian programs to peacekeeping. To help restore the U.N.’s credibility and efficacy, the Coleman-Lugar Bill includes several provisions to lead the U.N. towards greater transparency, accountability, and oversight.

“The Internet is one of the world’s most important technological wonders and economic engines,” said Coleman. “It has flourished under United States supervision and oversight, and has been given the flexibility to evolve under market-based policies and private sector leadership. It is wantonly irresponsible to allow any expansion of the UN’s portfolio before that abysmally managed and sometimes corrupt institution undertakes sweeping, overdue reform.”

nononono 10-20-2005 05:23 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by bilmore
Don't think I could. It would be like a devout Catholic e-mailing the Pope . . .

Derb just gets too depressed sometimes. He says that everyone likes socialism, but he's wrong. What everyone likes is, Money For Nothing.

Yes, he's dour. Too dour at times - I get frustrated with him. Sometimes I've thought it must mainly be a schtick, but I think it's pretty genuine.

Secret_Agent_Man 10-20-2005 05:24 PM

Quote:

Originally posted by Captain
Ah, yes, them. Why didn't they try to get the Alien & Sedition Acts declared unconstitutional?
Had John Marshall invented judical review yet? (Marbury v. Madison was 1803?)

S_A_M

Not Bob 10-20-2005 05:26 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by nononono
Yes, he's dour. Too dour at times - I get frustrated with him. Sometimes I've thought it must mainly be a schtick, but I think it's pretty genuine.
Apropos of nothing, I still can't believe that you're a Republican. Sniff.

bilmore 10-20-2005 05:27 PM

Quote:

Originally posted by Secret_Agent_Man
Had John Marshall invented judical review yet? (Marbury v. Madison was 1803?)

S_A_M
Damn. Good point. Madison and Jefferson had to attack the unconstitutionality with the available tools, which was state nullification..

Penske_Account 10-20-2005 05:27 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by bilmore
Don't think I could. It would be like a devout Catholic e-mailing the Pope . . .

Derb just gets too depressed sometimes. He says that everyone likes socialism, but he's wrong. What everyone likes is, Money For Nothing.
Money and guns. And fast cars. And hookers and booze. Not necessarily in that order, but the totality of which is certainly an anti-socialist regime.

bilmore 10-20-2005 05:29 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by nononono
. . . the UN wanting to develop some sort of oversight over the internet. Here's what was in the Corner:

NORM COLEMAN VS. THE UNITED NATIONS, CONTINUED
Here in the land of fish, we love our Norm.

Imagine Mugabe having a vote on what's acceptable public discourse in the net.

Hank Chinaski 10-20-2005 05:30 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by Not Bob
Apropos of nothing, I still can't believe that you're a Republican. Sniff.
If you ever meet her I'm still betting you're wrong about some other stuff too.

nononono 10-20-2005 05:32 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by Not Bob
Apropos of nothing, I still can't believe that you're a Republican. Sniff.
Oh, but just think of the endless conversations we can have. Imagine, the PB all the time!

Penske_Account 10-20-2005 05:33 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by nononono
Heh. But if he were dead he's be rolling over in his grave to hear the mischaracterization, I am sure.
\

I am not sure I get the above, are you awarding me a point for my gracious compliment of your cyber presence?


Quote:

Originally posted by nononono
Speaking of massive governmentalism, I scrolled quickly past something over there about the UN wanting to develop some sort of oversight over the internet.
That was a lot of words, most of which I avoided getting, but I do know that any thought of giving the UN oversight of the Internet is another reason why we should kick the UN out of the US and return our membership, retroactive to the late 40s and demand a refund of our dues or ELSE!!!

Not Bob 10-20-2005 05:34 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by bilmore
Here in the land of fish, we love our Norm.

Imagine Mugabe having a vote on what's acceptable public discourse in the net.
Or China. Or Saudi Arabia. Or Great Britain or Japan, for that matter.

Mmmm, Burger (C.J.) 10-20-2005 05:35 PM

Quote:

Originally posted by Captain
One of the things I have problems with is the idea of "baseline economic activity". Since neither the government nor the economic activity exist in a vacuum, the only baseline that exists is itself the result of a series of policy decisions, and cannot be divorced from them.
This is as useful as deconstruction is to understanding english literature. Start with the premise one needs revenue for a government. So you have taxes. Figure out how best to raise those taxes so as not to distort free-market economic activity. Mix in the need for social goals, such as modest redistribution of income/wealth. You would not end up with a system as complex as ours in doing that.

nononono 10-20-2005 05:35 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by Hank Chinaski
If you ever meet her I'm still betting you're wrong about some other stuff too.
Not over that yet? I am so, so wounded.

nononono 10-20-2005 05:36 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by bilmore
Here in the land of fish, we love our Norm.

Imagine Mugabe having a vote on what's acceptable public discourse in the net.
I can't believe it's even been suggested. Norm Coleman rocks, generally speaking.

Mmmm, Burger (C.J.) 10-20-2005 05:36 PM

Quote:

Originally posted by taxwonk
The proposal is to eliminate the deduction for new home mortgages and to phase out the deduction for existing mortgages over five years.
Eliminating for new mortgages, while understandable, creates a massive problem for anyone looking to buy a new house or sell their old one. Dropping the deduction will have an effect on housing prices. So to reduce the severity of that, one needs to gradualize that effect. So one needs to phase out for existing and new mortgages.

Penske_Account 10-20-2005 05:37 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by nononono
Yes, he's dour. Too dour at times - I get frustrated with him. Sometimes I've thought it must mainly be a schtick, but I think it's pretty genuine.
This is the same thing Wonk said about me........

Mmmm, Burger (C.J.) 10-20-2005 05:37 PM

Quote:

Originally posted by Captain
I thought the AMT helped move us much closer to a flat tax, since it gets rid of the effect of many of those deductions you are railing against. (Simple? No. Flatter? Yes.)
Given thta in about 2 years it will be more costly to repeal the AMT than the regular tax, I'd wait until then, abolish income tax, go with the AMT, and make a couple of adjustments to avoid some of the problems it has.

Mmmm, Burger (C.J.) 10-20-2005 05:38 PM

For RT
 
Quote:

Originally posted by Penske_Account
the babyjesuschristsuperstar hates the hate.
What is babyjesussuperstar doing about middle east peace--and the hate? Same thing as for the last 1000 years-crusades?

Secret_Agent_Man 10-20-2005 05:38 PM

A Question of Balance
 
Quote:

Originally posted by taxwonk
According to the Statistics of Income Bulleting, for 2003, the last year for which data are available, taxpayer with between $100,000 and $200,000 accounted for 10% of all taxpayers. Taxpayers earning over $200K amounted to 2.8-2.95% of all taxpayers.

Like I said, you're rich.
And he says -- "No -- 98% of the population is middle class or poor."

Sebby apparently thinks of "rich" in absolute, not relative, terms measured against certain symbols of conspicuous consumption and/or ability to make certain lifestyle choices.

S_A_M

P.S. Do those numbers reflect wages, or income from all sources?

nononono 10-20-2005 05:38 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by Penske_Account
\

I am not sure I get the above, are you awarding me a point for my gracious compliment of your cyber presence?
And just when I thought you were done grubbing. Hmmm, a half-point, maybe. I'm such a sucker.


Quote:

That was a lot of words, most of which I avoided getting, but I do know that any thought of giving the UN oversight of the Internet is another reason why we should kick the UN out of the US and return our membership, retroactive to the late 40s and demand a refund of our dues or ELSE!!!
Doesn't it seems like it sould be satire?

Hank Chinaski 10-20-2005 05:40 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by Penske_Account
This is the same thing Wonk said about me........
But we all have hope that the UN might rein in the photoshopping a little now that it will have some teeth.

Not Bob 10-20-2005 05:41 PM

Where Rockefellers walk with sticks.
 
Quote:

Originally posted by nononono
Oh, but just think of the endless conversations we can have. Imagine, the PB all the time!
Please. No way could I have tedious arguments of insidious intent with you.

nononono 10-20-2005 05:42 PM

A Question of Balance
 
Quote:

Originally posted by Secret_Agent_Man
And he says -- "No -- 98% of the population is middle class or poor."

Sebby apparently thinks of "rich" in absolute, not relative, terms measured against certain symbols of conspicuous consumption and/or ability to make certain lifestyle choices.

S_A_M

P.S. Do those numbers reflect wages, or income from all sources?
But why define "rich" by percentages of the population? Someone making $6 million a year isn't anything like someone making $200K. It should be about how far that money goes. If everyone made $5-6M a year and prices/COL were the same as now, then we'd all be rich; we wouldn't say the $5M people were poor.

Penske_Account 10-20-2005 05:44 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by nononono
Oh, but just think of the endless conversations we can have. Imagine, the PB all the time!
I role play that in my office late night. Often.

nononono 10-20-2005 05:44 PM

Where Rockefellers walk with sticks.
 
Quote:

Originally posted by Not Bob
Please. No way could I have tedious arguments of insidious intent with you.
True, true. :)

nononono 10-20-2005 05:45 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by Penske_Account
I role play that in my office late night. Often.
Who wins?

Penske_Account 10-20-2005 05:46 PM

For RT
 
Quote:

Originally posted by Mmmm, Burger (C.J.)
What is babyjesussuperstar doing about middle east peace--and the hate? Same thing as for the last 1000 years-crusades?
He is empowering the Israelis to destroy the hate or at least cordon it off in Gaza.

Penske_Account 10-20-2005 05:47 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by nononono
Who wins?
One of my socks, usually.

Not Bob 10-20-2005 05:48 PM

He shoots; he scores!
 
Quote:

Originally posted by nononono
Who wins?
He does, every time.

bilmore 10-20-2005 05:48 PM

The Republic is dead. Long live the . . .
 
Quote:

Originally posted by nononono
I can't believe it's even been suggested. Norm Coleman rocks, generally speaking.
Not only suggested, but, as of last week, the thinking in State was that we were going to roll over on a UN fait accompli. (Did I spell that right? I hate france.) The proposal was written, the talks were done, and the "international community" was ready to write URLs. Scary.

Penske_Account 10-20-2005 05:52 PM

He shoots; he scores!
 
Quote:

Originally posted by Not Bob
He does, every time.

Yes, social justice is a cultural must in Seattle and I play by the rules.


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