Tuesday, December 23, 2008
Its Christmas Time In America
In the survey, 92% of adults say they will celebrate Christmas this year, while only six percent (6%) said they would not. The vast majority (70%) will open their gifts on Christmas morning while more than 20% will open their gifts on Christmas Eve.
Meanwhile, Hallmark estimates that Americans will send more than 2.1 billion holiday cards this year, up from 1.9 billion cards in 2007. On average, each American household will mail more than 20 Christmas cards this holiday season.
In America, the weeks leading up to Christmas are historically the biggest shopping weeks of the year. Many retailers make up to 70% of their annual revenue in the month preceding Christmas. In fact, the Friday and Saturday before Christmas are usually the two busiest shopping days of the year.
The three occasions that Americans consume food in the greatest quantity are Christmas, Thanksgiving, and Super Bowl Sunday. At least according to the National Football League.
A native Mexican plant, poinsettias were named after Joel R. Poinsett, U.S. ambassador to Mexico who brought the plant to America in 1828. Poinsettias were used by Mexican Franciscans in their 17th century Christmas celebrations.
The modern American Christmas custom of displaying a wreath on the front door of the house, is actually borrowed from ancient Rome's New Year's celebrations. Romans wished each other "good health" by exchanging branches of evergreens. It became the custom to bend these branches into a ring and display them on doorways.
According to the National Christmas Tree Association, Americans buy around 30 million real Christmas trees each year . The top selling Christmas Trees are: balsam fir, Douglas-fir, Fraser fir, noble fir, Scotch pine, Virginia pine and white pine. The average growing time for a Christmas tree in America is seven years.
In 2007, 17.4 million people bought artificial Christmas trees, a dramatic 87 percent jump from the previous year's total of 9.3 million. According to the United States Commerce Department 85 per cent of all artificial trees in the United States are manufactured in China.
In 1939, Chicago based Montgomery Ward copywriter Robert L. May wrote the story of Rudolph the Red-nosed Reindeer. The story was so popular that despite the wartime paper shortage, over 6 million copies had been distributed by 1946.
In fact, the song "Rudolph The Red Nose Reindeer" would become the second most popular holiday song of all time. It is listed only behind Bing Crosby's White Christmas.
If you watch "A Christmas Carol" this holiday season, just remember that Charles Dickens considered several other names before settling on Tiny Tim. The three other alternative names were; Little Larry, Puny Pete, and Small Sam.
According to eBay, the best selling 2008 electronics are the Nintendo Wii, Xbox 360, Ipod Touch and Sony PSP. Expect to find these gifts in a featured spot under many real and artificial 2008 Christmas Trees.
Its Christmas time in America. Please have a great holiday and a safe and prosperous New Year.
For More Read: The Holiday Song That Became A World Record on eworldvu.com
Monday, December 22, 2008
Days Without A Sunspot Reach The Top Two
This means that this years lack of sunspot activity has exceeded 1912 as the second quietest year in more than a century.
In fact, last year was also noted for the quiet of the sun. 2007 also finished in the list of top ten years without a sunspot. However, the number of days without solar activity has dramatically increased this year from one year ago.
Meanwhile, according to the National Climatic Data Center, this year will be America’s coldest year since 1997. Certainly, this has become apparent in the last few weeks, as the harsh reality of ice and snow has been seen in several unusual places in the country.
In Southern California a half-inch of snow covered Malibu’s hills while a half-foot of the white stuff barricaded highways and marooned commuters in desert towns east of Los Angeles. Three inches of snow closed Las Vegas’ McCarren Airport and dusted the Strip’s hotels and casinos. Recently, eight inches of snow struck New Orleans and blanketed Southern Louisiana.
The cold has also strengthened in places that are used to its intensity. The National Weather Service reports that last summer was Anchorage’s third-coldest on record. In addition, the National Snow and Ice Data Center found that Arctic sea ice expanded 13.2 percent this year, or 270,000 square miles. In Canada, every part of the country will have a White Christmas for the first time since 1971.
The fact is that from 1998 until January 2007, the average temperature of the Earth’s atmosphere near its surface decreased some 0.25 C (0.45 F) but from January 2007 until the spring of 2008, it has dropped a whopping 0.75 C (1.35 F).
So, a lack of solar activity in the last two years may well be driving this dramatic global cooling trend. In 2008, the days without a sunspot reached the top two. If this trend continues, dreams of a white Christmas may soon become a reality in Malibu.
For more on global cooling and sunspot activity see: To Predict Global Climate Change Look To The Sun on eworldvu
Thursday, December 18, 2008
The Mystery Of The Christmas Star
According to the bible (Gospel of Matthew) the Magi were "men from the east" who were inspired by the appearence of the Star to travel to Jerusalem.
Christians regard the Christmas Star as a miraculous sign given by God to mark the birth of Christ. Some theologians have claimed that the star fulfilled a prophecy, known as the Star Prophecy.
So, what exactly was the Christmas Star? Astronomers have proposed various explanations including a super-nova, a planet, or a comet. It has been speculated that the star could have been an astrological event. Some even claim that the Christmas Star was nothing more than a science fiction story.
Of course, we do know that the Christmas Star did not first appear to the Magi on December 25. Indeed, it was Pope Julius I who selected the 25th of December to celebrate Christmas Day. The reason he chose that day is still very unclear. Although it is possible that it was a way to bring Christian religion to a pagan holiday.
The actual day of the year that the Star may have appeared has been a subject of speculation for years. The Bible, (Luke) records that at the birth of Christ, shepherds were watching over their flocks by night. There were only two specific times in a year when this was done, namely when lambs were being born in the spring or autumn. At other times of the year they were kept safely in their sheep-folds to protect them from wild animals.
The New Testament of the Bible (Revelation 12) tells of the birth of Christ when the constellation Virgo (the woman in the heavens) was clothed with the sun and had the moon at her feet. This would indicate that Jesus was born when the sun and moon were in Virgo. In other words, at the time of the September New Moon, or shortly thereafter.
However, before we conclude that the Christmas Star first appeared on a September day, consider what new scientific research has to say.
The Nativity is generally accepted to have occurred somewhere in the historical time frame between 3B.C. and 1 A.D. This is the period that Australian stargazer and the editor of Sky and Space magazine, Dave Reneke would analyze with complex computer software.
His goal was to chart the exact positions of all celestial bodies and map the night sky. In effect, advanced computer software was used to re-create night over the Holy Land exactly as it appeared more than 2,000 years ago.
Reneke discovered that a bright star really did appear over Bethlehem over 2000 years ago. He said his research showed that: " Venus and Jupiter became very close in the year 2 B.C. and they would have appeared to be one bright beacon of light" in the night sky.
As for the exact date of the appearance of this beacon of light, Mr Reneke pinpointed the planetary conjunction, which appeared in the constellation of Leo, to the exact date of June 17.
So, if the Christmas Star heralding the birth of Christ did arrive on June 17th, a few changes may be in order here. After all, we have consistently been nearly six months late in spreading our annual holiday cheer and those Christmas in July promotions should really be called after Christmas mark down sales every year.
Wednesday, December 17, 2008
A Two Month Tax Holiday In 2009
Certainly, it should be interesting to see what the United States Congress spends hundreds of billions of taxpayer money on, after the new year.
A two-month reprieve from payroll and FICA taxes would cost $334.4 billion, much less than the remaining $350 billion in bailout funds authorized by Congress. It would represent a 17 percent reduction in income taxes for Americans in 2009.
Of course, the problem for our big government, Congressional legislators is that Americans would get to experience the impact of how much the federal government takes from their paycheck every month in taxes.
So, a two month tax holiday to stimulate the economy will probably never happen. Big government projects, pork barrel spending and Congressional earmarks that feed off of the taxpayer's bailout bounty will likely be the Congressional solution for economic stimulus in 2009.
Tuesday, December 16, 2008
Americans Need A Bailout From Government Taxes
American taxpayers will pay 1.2 trillion dollars in federal and social security taxes in 2008. They will pay $101.6 billion per month in personal income taxes and $65.6 billion per month in FICA taxes.
However, the total tax burden on Americans is far greater when state, local, sales, excise and property taxes and fees are considered. Since the Congress is bailing out bad mortgage loans, hedge fund ponzi schemes and the United Auto Workers, with American taxpayer dollars, how about a bailout of the actual American taxpayer?
A 2009 payroll tax holiday would be the best place to start but here are several tax initiatives that are such bad ideas that the American taxpayer needs an immediate bailout.
Can you believe that farms or ranches with more than 25 dairy cows, 50 beef cattle or 200 hogs may soon be required to pay an annual fee of about $175 for each dairy cow, $87.50 per head of beef cattle and $20 for each hog?
The executive vice president of the Wyoming Farm Bureau Federation, Ken Hamilton, estimated the fee would cost owners of a modest-sized cattle ranch $30,000 to $40,000 a year.
These new fee's are a tax on the gas emissions of farm animals. Its a tax apparently designed to reduce green house emissions and save the planet from global warming. It will result in bankruptcy for many farms and significantly raise the price of meat. Global climate change has more to do with the hot air of Washington politicians than with the gas of cows.
A loaf of bread needs a a bailout. The government imposes 30 different taxes on bread . They are federal income taxes, state income taxes, state and local property taxes, federal payroll taxes, sales taxes, capital gains taxes, unemployment compensation taxes, workmen’s compensation taxes, retailers’ excise taxes, business license taxes and fees, utility taxes, and state wheat farmer checkoff taxes. Enough is enough, government needs to give bread a break.
If you live in Alabama, North Carolina, or Nevada and possess illicit drugs, you should have already purchased a stamp that registers tax payments on those drugs. To pay the illegal drug tax, visit your Department of Revenue and pay a small fee for a stamp that is to be placed on the container of the drugs. The stamp serves as evidence that you paid your tax so after you get arrested for illegal drug possession, you won’t be fined an increased amount based on not paying your illegal drug tax. Whoever actually pays that tax has also been seen staring at frozen orange juice because it said concentrate.
Did you realize that every time you get on an airplane you are paying a $6.00 Immigration User Fee and a $2.00 Agricultural Inspection Fee, in addition to a $12.40 Arrival Tax, and a $12.40 Departure Tax? Its just amazing there is not a tax for a passenger's actual travel time in the air.
The amusement tax works like this: the government taxes the owners of places that offer “amusement” and in return those businesses pass those taxes on to us. You're not amused? I didn't think so. Paying taxes for amusement is certainly no fun.
Some areas of the country levy a 0.5 percent tax on all take-out food. Chicago and Washington, D.C. both have enacted a tax on fast food, purportedly to pay for the removal of litter often accrued with the purchase of burgers and dogs. This tax applies to everything take-out, from egg McMuffins to late night cheese steaks. Take-out of the tax code is the appropriate action for this strange idea.
New York Gov. Paterson, is very concerned with obesity. In fact, he is so concerned that he is considering taxes on non-diet soft drinks. If the tax passes, ice cream or anything containing sugar or fat could be taxed next. Fat chance that a hefty tax on non-diet soft drinks does anything to reduce obesity.
Monday, December 15, 2008
No Holiday Cheer In Retail Sales This Year
On average Americans spent $866 dollars on Christmas last year. However, there will be more room under the Christmas tree on December 25th because the average American plans to spend only about $616 this year.
In fact, declining retail sales have been a story for months. According to the U.S. Department of Commerce, retail sales dropped 1.8 percent from October to November. The drop marked the fifth consecutive monthly decline in sales. November 2008 sales, were 7.4 percent below retail sales when compared with same month last year. The report said total sales for the September through November 2008 period were down 4.5 percent from the same period a year ago.
The only exception to the declining trend in retail spending was in electronics. Retail Electronics and appliance stores saw a sales increase from October to November to $9.23 billion from $8.97 billion, or 2.8 percent growth.
The boost in electronics and appliance sales was tied to hot consumer electronic products like video game systems, flat-screen televisions, music players and smartphones. However, while electronics sales grew month-to-month, year-to-year sales were still down 4.7 percent in November compared to the same month a year before.
Of course, the ongoing decline in retail sales reflects a dramatic decrease in consumer confidence in the economy as the 2008 global recession continues. Employment in America fell by 533,000 jobs in November and one million people losing employment may well become a dubious monthly job statistic by next spring.
In tough economic times, consumer discretionary items are always a victim and this year will be no different. There may well be electronics and video games like Wii under the average Chistmas Tree, but Santa will also leave more empty space where presents in previous years used to be.
Look for several large retail business bankrupcy's in the first quarter of the New Year. Indeed, going out of business, liquidation sales, will soon advertise the demise of debt laden retailers. The economic recession of 2008 means there will be no holiday cheer in retail sales this year.
Thursday, December 11, 2008
The Year Of Man-Made Global Warming Doubt
Last year, the U.N. Intergovernmental Panel on Climate Change (IPCC) released a 2007 Summary for Policymakers authored by fifty two scientists which said that climate change is "unequivocal, is already happening, and is caused by human activity."
Maybe its because the planet has not seen any warming in the last ten years. It could also be due to the fact that all those dire predictions by climate computer models of warming in this decade have proven to be so incorrect. Man-made global warming doubt also may be growing because the planet has actually begun to cool.
“I am a skeptic. Global warming has become a new religion.” - Nobel Prize Winner for Physics, Ivar Giaever.
“Since I am no longer affiliated with any organization nor receiving any funding, I can speak quite frankly. As a scientist I remain skeptical."- Atmospheric Scientist Dr. Joanne Simpson, the first woman in the world to receive a PhD in meteorology and formerly of NASA who has authored more than 190 studies and has been called “among the most preeminent scientists of the last 100 years.”
Warming fears are the “worst scientific scandal in the history. When people come to know what the truth is, they will feel deceived by science and scientists.” - UN IPCC Japanese Scientist Dr. Kiminori Itoh, an award-winning PhD environmental physical chemist.
“The IPCC has actually become a closed circuit; it doesn’t listen to others. It doesn’t have open minds. I am really amazed that the Nobel Peace Prize has been given on scientifically incorrect conclusions by people who are not geologists,” - Indian geologist Dr. Arun D. Ahluwalia at Punjab University and a board member of the UN-supported International Year of the Planet.
“The models and forecasts of the UN IPCC “are incorrect because they only are based on mathematical models and presented results at scenarios that do not include, for example, solar activity.” - Victor Manuel Velasco Herrera, a researcher at the Institute of Geophysics of the National Autonomous University of Mexico
“It is a blatant lie put forth in the media that makes it seem there is only a fringe of scientists who don’t buy into anthropogenic global warming.” - U.S Government Atmospheric Scientist Stanley B. Goldenberg of the Hurricane Research Division of NOAA.
“Even doubling or tripling the amount of carbon dioxide will virtually have little impact, as water vapour and water condensed on particles as clouds dominate the worldwide scene and always will.” Geoffrey G. Duffy, a professor in the Department of Chemical and Materials Engineering of the University of Auckland, NZ.
“For how many years must the planet cool before we begin to understand that the planet is not warming? For how many years must cooling go on?” - Geologist Dr. David Gee the chairman of the science committee of the 2008 International Geological Congress who has authored 130 plus peer reviewed papers, and is currently at Uppsala University in Sweden.
Wednesday, December 10, 2008
Decades Of Corruption In The Land Of Lincoln
What the Feds heard from the Illinois Governors telephone conversations during the last few weeks have been in the words of Chicago U.S. Attorney Patrick Fitzgerald a "political corruption crime spree" .
Yesterday, Blagojevich was arrested, handcuffed and taken before a federal magistrate on charges he conspired to sell his office. The charges involve a variety of crimes including fundraising in return for state contracts, plush jobs for the governor and his wife Patti, and selling the nomination to fill the U.S. Senate seat vacated by President-elect Barack Obama to the highest bidder. It was a "pay to play" political corruption crime spree run from the Governor's office.
Of course, "pay to play" political corruption from the Governors office is nothing new in the land of Lincoln. However, this is a story not only about corruption but also about hypocrisy.
Rod Blagojevich ran for the Governor's office as a reformer to replace previous Illinois Governor Gov. George Ryan, who is now serving a six year prison term for accepting bribes. Ryan was convicted of corruption in 2006 for steering state contracts and leases to political insiders while he was Illinois Secretary of State and Governor.
If Blagojevich is convicted he will become the fourth Illinois Governor in the last 35 years to go to jail. Before Ryan was convicted in 2006, former governor Dan Walker was found guilty of taking fraudulent loans to repair his yacht. He plead guilty in 1987 to bank fraud, misapplication of funds and perjury.
Several years earlier, Gov. Otto Kerner was convicted of taking bribes during his time in office. Kerner was convicted in 1972 on bribery, tax evasion and other counts. He arranged favorable horse-racing dates as governor in return for horse-racing-association stock at reduced prices.
So, how did Rod Blagojevich launch his campaign to become the latest alleged corrupt Governor of Illinois? Well, he occupied “Dan” Rostenkowski’s Congressional seat after Rostenkowski plead guily to mail fraud charges.
U.S. Attorney Patrick Fitzgerald said the charges against Illinois Gov. Rod Blagojevich "would make Lincoln roll over in his grave." Still, Blagojevich is only the latest in a long line of unsavory Illinois governors and politicians. Sadly, there have been decades of corruption in the land of Lincoln.
Tuesday, December 9, 2008
CCTV Can See But Nobody Is Watching
In fact, there is estimated to be more than 4 million surveillance cameras throughout the United Kingdom, with about 1.5 million closed circuit television cameras (CCTV) in city centers, train and subway stations, airports, and major retail areas .
However, despite spending billions of dollars on surveillance cameras, a recent report by the Police Chiefs of the United Kingdom concluded that only 3% of crimes were solved by CCTV.
So, what happened to make CCTV such a bad investment? Detective Chief Inspector Mick Neville, the officer in charge of the Metropolitan police unit provides an answer in his speech at the Security Document World Conference in London as follows:
"CCTV was originally seen as a preventative measure. Billions of pounds have been spent on it, but no thought has gone into how the police are going to use the images and how they will be used in court. It's been an utter fiasco: There's no fear of CCTV. Why don't people fear it? They think the cameras are not working."
Of course, the security cameras are working but it is very expensive to hire CCTV operators that have to endlessly look at all those security screens. Placing security cameras in millions of locations is one thing. Monitoring all those locations at all times by human beings in real time is another thing indeed.
Spending billions on security without any real return in the United Kingdom has not stopped New York City from following in their path. More than 3,000 new public and privately-owned cameras will be in service in the city by the end of this year.
Meanwhile new advanced CCTV cameras which try to 'predict' if a crime is about to take place are now being introduced on Britain's streets. The cameras can alert operators to suspicious behaviour, such as loitering and unusually slow walking.
However, as seen through the experience in the United Kingdom, there is no evidence that expensive security cameras act as a crime deterrent. In addition, few crimes are actually solved due to the hard work involved in retrieving images from the system. Certainly, it is not money well spent, if the police are not properly trained and the system is not useful in the prevention of crime.
The truth is that all these expensive CCTV security cameras have not made us much safer. Our personal privacy concerns have not yet been realized. This is because CCTV can see but nobody is watching.
Monday, December 8, 2008
A Windfall Of Failure In Domestic Energy Policy
Of course, the problem was not the absence of a congressional energy policy. No, it was the domestic oil companies that were really gauging the consumer and keeping prices high that was to blame.
As a result, the Senate Judiciary Committee would summon the top executives from the petroleum industry for a Congressional inquisition. As these executives would correctly pointed out to our astute public servants, the fact is that foreign companies and governments control the overwhelming majority of the world's oil. In fact most of the price Americans pay at the pump is the cost paid by the American oil company to acquire crude oil from someone else.
In addition, it was apparent from the hearings that if anyone is "gouging" consumers through the high price of gasoline, it is federal and state governments, not American oil companies. On average, 15% percent of the cost of gasoline at the pump goes for taxes, while only 4% represents oil company profits.
Despite these facts, Barack Obama campaigned for the Presidency on the populist message that oil company profits were too high. He promised to "make oil companies like Exxon pay a tax on their windfall profits, and use the money to help families pay for their skyrocketing energy costs and other bills." The plan was to provide a $500 per person emergency energy rebate from the windfall profits of big oil.
However, the margin of profit for oil companies never did show a profit windfall. In fact, the 8.3 percent profit margin in the gas and oil industry was pretty small in comparison with the 14.5 percent profit margin enjoyed by the electronics and appliance industry, the 18.4 percent margin for big pharma, or the 19.1 percent margin for alcohol and tobacco.
Now, just six months after the Congressional energy windfall profit tax hearings last May, the price of a barrel of oil is in sharp decline. It has already lost two thirds of its value and the bottom in the price of a barrel of crude oil is still hard to find. As a result, President-elect Barack Obama is going to break another campaign promise. There will be no windfall profit tax on big oil or consumer energy rebate plan in 2009.
The real truth is that there has not been a domestic energy policy in the United States for decades. The current domestic energy policy is only based on the hope that other countries will produce enough oil so that the price in America will not get too high.
This is because there are Congressional limitations in exploring additional domestic supply. According to the Department of the Interior, 62 percent of all on-shore federal lands are off limits to oil and gas developments, with restrictions applying to 92 percent of all federal lands. Meanwhile, alternative energy solutions are still more than a decade away.
So, eventually, the price of American energy will rise and the Senate Judiciary Committee will again call hearings for political cover. Once again they will summon all the top oil executives to assess the blame. We should remember that its just a cynical, political game in which there is no Congressional shame.
Thursday, December 4, 2008
A Crisis With Iran In The New Year
Usually the reports cite obstruction of inspector's visits, inconsistencies between official claims and the results of tests from samples taken from various facilities and other actions of non-compliance with international regulatory oversight.
The final assessment in each report, signed by IAEA Director-General, Mohamed Elbaradei absurdly concludes that the evidence does not demonstrate that Iran is seeking nuclear weapons.
However, the last IAEA update contained new information that has increased concern in the International community. The latest IAEA report indicates that as of last month, Iran had made 630 kilograms, or about 1,390 pounds, of low-enriched uranium. Many experts now say that this amount of enriched uranium is enough to build a bomb.
Meanwhile, Israeli Deputy Prime Minister Shaul Mofaz can see a showdown between Iran and the West coming. He recently told the Conference of Presidents of Major American Jewish Organizations in New York; "Iran's nuclear program is proceeding like an express train. The diplomatic efforts to thwart Iran are like a slow train. If we cannot derail the Iranian train from the tracks, we are on the verge of a nuclear era that will totally alter the regional reality."
Indeed, the most up-to-date intelligence predictions by US nuclear experts is that by the end of 2009, Iran will have stocked enough weapons-grade fuel to build three nuclear bombs. The first will be ready for assembly by the time Barack Obama is sworn in as US president on January 20, 2009; the second shortly after Israel’s February 10, 2009 general election produces a new prime minister, and the third by the end of the year.
So, time is fast running out for the International community to stop Iran's nuclear ambitions. To do nothing, means taking a high risk security gamble that holocaust denier Mahmoud Ahmadinejad with a nuclear capability can safely be ignored. However, a decision to bomb the Iranian nuclear facilities means higher worldwide energy prices and another Middle East war.
The failure of international diplomacy and the speed in which Iran is enriching uranium are backing the President-elect into a very difficult corner. As a result, Barack Obama's first major foreign policy test will soon follow his January inauguration. A crisis with Iran is on the horizon for the next Administration early in the new year.
Wednesday, December 3, 2008
Congress Spends Billions Without A Coherent Plan
The market knows that the Treasury Secretary is a man with 700 billion dollars of taxpayer money that does not have a real economic plan. The Troubled Assets Relief Program (TARP) was originally rushed through Congress as money that was going to save the economy from disaster by buying distressed mortgages from consumers.
However, the TARP plan now seems to have evolved into a huge bailout of selected firms in the financial services industry. Of course, TARP was passed with extensive Congressional oversight but half of the taxpayer's money has already been spent and much of the oversight provisions have not been enacted.
The only ongoing review of the TARP program is headed by Elizabeth Warren. She is the the chairwomen of a new Congressional panel that was set up to monitor the bailout. Recently, (New York Times) Ms. Warren was quoted as saying that "the government still does not seem to have a coherent strategy for easing the financial crisis, despite the billions it has already spent in that effort. The government instead seemed to be lurching from one tactic to the next without clarifying how each step fits into an overall plan."
Meanwhile, the Treasury has just bailed out Citigroup in the last week. It was a financial services company that was "too big to fail". The Citi was not sleeping well since it had billions of dollars of bad loans on its balance sheet and its stock price had reached the status of a penny stock.
The TARP was used to bailout Citi and now billions of those toxic loans will be the responsibility of the United States taxpayer to guarantee. In addition, Citi was given billions of taxpayer dollars to shore up the liquidity on its balance sheet.
Someone may ask what did Citi use all that new taxpayer cash for? Well, Inner City Press is reporting that Citi is sponsoring a Congressional junket to the Caribbean and spending over seven billion Euros to buy the highway business of Spanish construction firm, Sacyr Vallehermoso. Seems like the taxpayer's money could have been spent better, doesn't it?
This week the automakers are back in town requesting a bailout from the United States Congress. A few weeks ago the Big 3 flew in on private jets to attempt to get a piece of the TARP pie and were rejected. The reason given by Congress was that they didn't have a coherent business plan.
So, the automakers did not present a coherent business plan to obtain money from a 700 billion dollar government program that does not have a coherent plan. In the real world this would be considered absurd, but its just business as usual inside the beltway in Washington D.C.
Tuesday, December 2, 2008
Days Without Sunspots Are In The Top Five
After years of decline, glaciers in Norway are again growing, reports the Norwegian Water Resources and Energy Directorate (NVE).
Meanwhile, in Alaska, the United States Geologic Survey has maintained a research project measuring the state of Alaskan glaciers since 1946. This year records were broken for most snow buildup. It was also the first time since measurements began that Arctic glaciers did not shrink during the summer months.
Australian Ski fields recently recorded a heavy snow fall about a week before the summer started. Also, ski resorts across Europe opened last weekend ahead of schedule after the biggest November snowfalls in at least a decade. Meanwhile heavy snow and freezing cold closed schools in much of Spain.
In New Zealand, environmental groups are angry about the new government's plan to review the science behind climate change. Environmentalists think New Zealand's reputation would be damaged if the concept of global warming is questioned.
These are all stories making international news in recent days. Of course, these stories are the result of the significant drop in global temperatures over the last two years. A drop in temperatures that may well be connected to sunspot activity.
In 2007, there were 183 days without a sunspot observed on the face of the sun. The year would be ranked ninth in the last one hundred years for a lack of sunspot activity. This year, the number of days without sunspots have already easily surpassed that level from last year.
At the end of November 2008, the number of days without a sunspot was at 239. It made 2008, the fifth ranked year without a sunspot in a century, with one full month left to go. In fact, by the end of this week, the 2008 rank will likely move up to number three, since the sun has been blank, so far this month. The number two spot is within reach with fifteen days of sunspot inactivity during December.
Two years in a row of declining temperatures with a near record lack of sunspot activity while CO2 gas continues to increase in the atmosphere. If this trend continues, history would suggest that it could get very cold. Then, the huge, lucrative, international business of research into man-made global warming would have to be put on hold.
Monday, December 1, 2008
Terrorism Could Mean Death In Outsourcing To India
In fact, policemen trying to disarm terrorists linked to a Pakistani militant group associated with al-Queda had only batons or World War I-era rifles to use as weapons.
These international headlines about a lack of homeland security in India must give corporations that have already outsourced their business functions to that country a reason for concern.
The fact is that Information technology and IT-enabled services will employ 4 million people in 2008 and account for 7% of gross domestic product and 33% of India's foreign-exchange inflows, according to Nasscom, an Indian IT industry organization.
Meanwhile, employee wages are rising rapidly in India and fast becoming more competitive with the rest of the world. The cost advantage for outsourcing to India used to be at least 1:6. Today, the ratio is down to 1:3 and worker attrition is high.
Indeed, the increase in wage inflation in the last several years is staggering. Salaries in India rose 15.1% in 2007, up from 14.4% the previous year. The 2008 forecast is an increase of 15.2% and it marks the fifth consecutive year of salary growth above 10%.
So, after this recent terrorist attack, security against terrorism will become yet another issue for international corporations to consider before outsourcing jobs to India.
As a result, the last few days of terror in India may have ramifications well beyond international politics and the tragic human cost. With worker wages skyrocketing, a lack of national security against terrorism could well mean the death of international business outsourcing to India.
Wednesday, November 26, 2008
Giving Thanks For The Mother Of Thanksgiving
However, few people know that the Thanksgiving Day Holiday in America was also an attempt to abolish slavery and to prevent the American Civil War. The day is a reminder of a story of a remarkable women with an intelligence and foresight far ahead of her time.
"The Lady Editor," as Sarah Hale was affectionately called, advocated a national celebration of Thanksgiving as early as 1827. "We have too few holidays. Thanksgiving like the Fourth of July should be considered a national festival and observed by all our people" she wrote in her first book, a novel titled Northwood.
An idea that she often promoted was a letter writing campaign to churches asking them to raise money on a special day of thanksgiving to buy freedom for the slaves. She felt confidant that if she could even just get a day of thanksgiving to be recognized, "that the reflection alone would go a long way in ending this terrible institution".
To Sarah Hale, Thanksgiving would be a holiday of national contemplation. "There is a deep moral influence in these periodical seasons of rejoicing, in which whole communities participate. They bring out . . . the best sympathies in our natures."
Hale saw this spiritual dimension of Thanksgiving as a means for preventing the insanity of civil war in America. This is why, as hostilities heated up between North and South, she bombarded both national and state officials with requests for the national holiday.
She wrote in an 1859 editorial, "If every state would join in Union, Thanksgiving on the 24th of this month, would it not be a renewed pledge of love and loyalty to the Constitution of the United States?"
Of course, Sarah Hale was unable to avert those saddest years of American history. Still, By 1863 when Lincoln issued his now famous Thanksgiving Proclamation, Sarah Hale had penned literally thousands of letters requesting Thanksgiving Day in her own hand.
Finally, On October 3, 1863, by Presidential Order, Lincoln fulfilled Sarah Hale’s lifelong plea to have a “day of our annual Thanksgiving made a National and fixed Union Festival".
Sarah Josepha Hale was a writer, editor and a single mom. She is often referred to as the "Mother of Thanksgiving". There should be room at every table to honor her memory when giving thanks for what many of us consider to be our best national holiday.
Tuesday, November 25, 2008
A Case Of Injustice For Compean And Ramos
The fact is that Border Patrol Agents Ignacio Ramos and Jose Compean are currently serving terms of 11 and 12 years respectively on their outrageous convictions for shooting an illegal alien drug smuggler.
The agents were guarding the United States border near El Paso, Texas on February 17, 2005. Checking on a tripped sensor near the river, Border Agent Compean discovered footprints and drag marks, a tip-off that a load of drugs has just been smuggled across the river. Spotting a vehicle leaving the scene, Compean radioed the vehicle's description to agents covering the road ahead.
Realizing he's been spotted, the smuggler turned around and headed back toward Compean. When the smuggler bailed out of his van to make a run for the river, he failed to obey Compean's numerous commands to stop. After a brief physical struggle with the Agent, the smuggler began running toward the river again.
When the smuggler turned around and pointed something shiny at Compean, the agent believing his life was in danger opened fire. Agent Ramos, hearing gunshots, came to Compean's aid. He, too, shouted for the smuggler to stop, but the man once again turned around and pointed at Ramos. Ramos fired one shot at the smuggler.
He appeared to miss, and his target turned and disappeared into the bank of the Rio Grande. Later it was discovered that the drug smuggler was wounded in the buttock by the shot. The Border Patrol agents returned to the suspicious van and looked inside at almost 800 lbs. of marijuana, worth about $1 million on the street, in the cabin.
U.S. Attorney Johnny Sutton would later decide that the illegal alien drug smuggler was the real victim in the case and he filed attempted murder charges against the two border agents. He never brought charges against the drug smuggler. Instead, Sutton granted the known illegal alien drug smuggler immunity and a temporary visa in his effort to prosecute the two agents.
On March 8, 2006, a federal jury convicted the two agents of assault with serious bodily injury, assault with a deadly weapon, discharge of a firearm in relation to a crime of violence and civil rights violations.
However, that jury verdict was in question as well. According to the National Border Patrol Council, "Three of the 12 jurors later submitted sworn affidavits alleging that they had been misled into believing that there could be no dissent in the decision of the jury, and that the minority would have to accede to the will of the majority. Despite this cloud over the propriety of the process, the judge refused to overturn the verdict."
On appeal, the 5th Circuit Appeals Court upheld a mandatory minimum 10-year prison sentences for “discharging a firearm during the commission of a crime of violence.” This law, known as Section 924(c) of the U.S. Code, has always been interpreted to apply to criminals, not law enforcement officers engaged in their official duties.
The cases of Ignacio Ramos and Jose Compean are now before the DOJ’s Pardon Attorney Donald Rodgers, who works in consultation with the attorney general’s office to assist the president. The president has sole power of clemency in federal cases under the Constitution, and will make the decision, no matter what the Office of Pardon Attorney recommends.
As for the alleged victim in this case, illegal alien and drug smuggler, Aldrete-Davila. Well, he pleaded guilty last May in federal court to multiple drug charges. All were crimes that occurred after the above episode, and thus are not covered by the immunity agreement. Aldrete-Davila was charged with two counts of possession with intent to distribute a controlled substance, one count of conspiracy to import a controlled substance and one count of conspiracy to possess a controlled substance with intent to distribute.
This case of injustice for Compean and Ramos has gone on long enough. These two border patrol agents need to be pardoned by President Bush. They are the real victims in a case that compromises the integrity of United States Homeland Security as well as the American Legal system.
Monday, November 24, 2008
The Citi Never Sleeps In Making Bad Loans
Of course, the underlying problem at Citi was greed without any apparent understanding of risk. The problem was summed up in the following quote from a recent New York Times article.
"Many Citigroup insider's say the bank's risk managers never investigated deeply enough. Because of longstanding ties that clouded their judgement, the very people charged with overseeing deal makers, eager to increase short term earnings and executives multi million dollar bonuses failed to rein them in, these insiders say. While much of the damage inflicted on Citibank and the broader economy was caused by errant, high octane trading, and lax oversight, critics say, blame also reaches to the highest level of the bank."
The problems at Citibank were common at many other major financial institutions as well. The truth is that the Fed, the Securities and Exchange Commission, the Office of the Comptroller of the Currency and the Office of Thrift Supervision were all negligent in not doing their job of financial oversight.
Meanwhile, the ratings agencies added to the problem and gave all these bad mortgage loans their highest (AAA) rating. It may be a result of corruption or just plain incompetence. Some rating agencies may have even assumed that the national average house price would not decline.
In fact, Citibank has a long history of making bad mortgage loans. In the early 1990s the company nearly went under thanks to taking on lots of real estate risk in the wrong markets. Last week, the firm was on the brink of the financial abyss once again.
After Citi's shares plummeted 60% amid mounting concerns about its viability, the U.S. Treasury and the Federal Deposit Insurance Corp moved to save the firm. The terms of the bailout provided protection against the possibility of "unusually large losses" on an asset pool of approximately $306 billion of loans and securities backed by residential and commercial real estate, which will remain on Citigroup's balance sheet.
The Treasury will also inject another $20 billion in capital into Citigroup through the Troubled Asset Relief Program, receiving preferring stock that will yield 8%. Under the terms of the deal, Citigroup will absorb up to $29 billion in losses on the $306 billion portfolio of risky property-related assets; the government will eat 90% of any further losses, with Citigroup shouldering 10%.
The Citi never sleeps in making bad loans and it is apparent that they were not alone. Unfortunately, the American taxpayer will now pay a very steep price. In Sweden, the total bailout cost to solve a similar problem was twenty percent of GDP. That makes the 700 billion dollar taxpayer funded bailout bill passed by the United States Congress, a quarter of what will eventually be needed for our national financial repair.
Thursday, November 20, 2008
A Decade Of Building A Station In Space
Two weeks later, the next piece of the Space Station was carried up by a NASA space shuttle. Astronauts and cosmonauts would move in two years later and the ISS has grown in size and accommodations since.
In fact, over the last decade, the International Space Station has traveled 1.3 billion miles, and orbited Earth more than 57,300 times. To date, it's taken 80 rocket launchings to construct and staff the space station.
One hundred sixty-seven individuals representing 14 countries have visited the complex. Crews have eaten some 19,000 meals aboard the station since the year 2000. Through the course of 114 spacewalks and the use of robotic construction in space, the station's truss structure has grown to 291 feet long. Its solar arrays now span to 28,800 square feet, large enough to cover six basketball courts.
After the Shuttle Endeavor completes its current mission, the space station will have five sleep stations, two baths, two kitchens and two mini-gyms. There will be nine rooms in total, three of them full-scale labs. The station's human capacity will double from 3 people at a time to six. Three-quarters complete, the total mass of the ISS will soon be 627,000 pounds. NASA says it's about the size of a five-bedroom house.
The Endeavour Shuttle linked to the space station sailed past its 10-year anniversary at 1:40 a.m. EST while the astronauts slept. Mission Control marked the occasion by showing video of the first rocket's launch in 1998.
So, today marks a decade of construction of an international station in space. Its a true engineering marvel and a example of what is possible by combining global cooperation, with human courage and space science.
For More On the ISS Read: Tracking The Progress Of The International Space Station and The Walk That Saved The International Space Station on eworldvu
Wednesday, November 19, 2008
The Way To Help The Big 3 Automakers
The automakers arrived in Washington after spending millions on a coast to coast advertising campaign that warned of the impending disaster to the economy if the Congress did not come through and help them with a loan.
The truth is that if the Congress does grant the automakers any type of bailout, they will not have not helped their dire situation in the long run.
Instead, Congress and the taxpayer will have become a a short term enabler to the three largest car makers in the domestic automobile industry. There is a distinction here that is crucial.
Helping is doing something for someone that they are not capable of doing themselves. Enabling is doing for someone things that they could, and should be doing themselves.
Detroit created its own problems by relying too much on trucks and SUVs. They have not built the fuel efficient cars that Americans need and want. Meanwhile, the unit cost structure of the Big 3 automakers remains far to high and it is simply not competitive in the global marketplace.
The United Auto Workers (UAW) have to accept cuts in pay and benefits. Then, the automakers need to make the fuel efficient cars at a competitive price that the country wants. Their current business model does not work, so all current management needs to be fired by their boards.
Taxpayer dollars invested in this industry in its current form is a bad investment. Congressional enabling of the automobile industry with a loan or bailout will not solve their problem but only postpone their day of reckoning while costing the taxpayer billions in the process.
Congress can help the automobile industry by sending a clear message of no taxpayer bailout. Those begging CEO's should head back to Detroit and begin to do their jobs.
Getting rid of the luxury airplanes and the rest of their executive perks would be a very good place to start.
Tuesday, November 18, 2008
Bailing Out Of This Government Bailout
Henry Paulson controls assets equal to the 19th largest global economy and he is not even an elected official.
Of course when the Treasury Asset Relief Program (TARP) was passed, oversight that taxpayer's money would be spent wisely was a Congressional assurance given to a skeptical public.
So is the money being spent wisely? Nobody really knows, but Bloomberg News is at least trying to find out. They have requested details of Federal Reserve lending under the U.S. Freedom of Information Act and filed a federal lawsuit on Nov. 7 seeking to force disclosure. Give Bloomberg News credit, they are doing actual journalism in the real world.
Unfortunately, the same cannot be said for the rest of the media. MSNBC, is currently running promos that say: "Barack Obama, America's 44th president. Watch as a leader renews America's promise." People Magazine 's Cover "The Obamas' New Life!" will not win any Pulitzer for investigative journalism either. U.S. Weekly goes with a new Obama quote for its latest edition: "I Think I'm a Pretty Cool Dad." Meanwhile, the Chicago Tribune opines that Michelle Obama "is poised to be the new Oprah and the next Jacqueline Kennedy Onassis combined!" for the fashion world.
So, 350 billion of taxpayer's money has already been spent and nobody knows where it went and only Bloomberg News really cares enough to find out under the Freedom Of Information Act. The New York Post calls all the current Presidential media hype and attention, "BamALot" and if it continues, it is going to cost the average American taxpayer "QuiteALot".
Now, consider that the need for the remainder of the bailout bill was brought into question last week. Treasury Secretary Henry Paulson changed direction on the need for the money. He announced that the government would not use any of the $700 billion to buy toxic mortgages and other bad assets from banks. That had been the centerpiece of the bailout plan when Paulson and Bernanke first pitched it to lawmakers two months ago.
As a result of the lack of transparency and the staggering dollar amount, Senators, James Imhofe and Bernie Sanders, now plan to introduced legislation to bailout Congress from the 350 billion dollars that remains to be spent on TARP.
However, since so many new financial instruments have been developed, the whole system is in need of review. This should include the Fed, Treasury, SEC, FDIC, the GSEs, and the governmental housing agencies (GNMA, the FHA).
In the meantime, bailing the taxpayer out of this government bailout has become a priority for everyone before all the money is gone and nobody knows what happened, except for a few insiders in the beltway in Washington, D.C.
Monday, November 17, 2008
A Record Warm October Leaves NASA In The Cold
In fact, Several of the years surrounding 1998 were also very warm and near the record as well. It certainly appeared that the climate was progressively warming when reviewing the historical record.
That was before a Canadian blogger named Steve McIntyre at Climate Audit set the NASA temperature record straight. Mcintyre audited the actual records and found substantial errors. When he reported his findings to NASA scientists, they conducted a review that showed he was indeed correct.
This led NASA to revise the data published on its website. The errors changed the historical facts concerning the global warming argument. The hottest year in the United States was no longer 1998, but 1934. 2001 was no longer even listed in the Top Ten. Instead, four of the top ten hottest years were back the 1930s.
One year later, the problem of inaccurate data providing dubious global warming conclusions has embarrassed NASA once again. Last Monday, NASA’s Goddard Institute for Space Studies (GISS) announced that last month was the hottest October on record.
This NASA claim was hard to understand since in the United States, the National Oceanic and Atmospheric Administration (NOAA) had already ranked October temperatures as the 70th-warmest October in the last 114 years. Once again GISS data was examined by Steve Mcintyre at "Climate Audit" and another blogger Anthony Watts from the website "Watts Up With That".
As a result of the data review, GISS was again revising information published on its website. Data analysis revealed that Russia was recorded as unusually warm. The reason for all that October warmth was that scores of temperature records from Russia and elsewhere were not actually based on October readings at all. Figures from September had simply been carried over and repeated two months running.
A GISS spokesman explained that the reason for the error in the Russian figures was that they were obtained from NOAA and that GISS did not have resources to exercise proper quality control over the data it was supplied with.
Global temperature published by GISS are one of the four data sets that the UN’s Intergovernmental Panel on Climate Change (IPCC) relies on to promote its case for global warming. The truth is that GISS consistently shows higher temperatures than any of the others.
The fact is that it was not a record warm October and the planet has been cooling for the last few years. Unfortunately, for the second straight year, NASA is embarrassed by a lack of quality control at GISS. The basis of science is making sure that the evidence is accurate before any conclusion is made.
So, a lack of quality control over data is a sad excuse. The real truth is that a record warm October was an erroneous conclusion based on inaccurate information. It has left NASA's credibility on global climate change out in the cold, for the second year in row.
Thursday, November 13, 2008
The Legend Of The Buddha Boy From Nepal
His followers say that can he live without food or water for days while in deep meditation under a banyan tree.
This mysterious teen aged boy gained international fame in 2005 by sitting cross-legged under a tree in a dense forest for nearly ten months, reportedly without food and water.
The story of Ram Bahadur Bamjan nicknamed the "Buddha Boy" has gained popularity because it closely resembled a Buddhist legend about Gautama Buddha's enlightenment. In fact, some devotees have claimed Ram is the reincarnation of the Buddha.
Buddhists strongly believe in reincarnation, the doctrine that every soul reappears after death in another bodily form. Still, Buddhist priests have been divided on whether this boy is truly the reincarnation of Siddhartha Gautama, who was born in southwestern Nepal around 500 B.C. and later became revered as the Buddha, which means Enlightened One.
However, Sanal Edamaruku, President of the Indian Rationalist Association (IRA) doesn't see much of the Buddha in this boy. Sanal has been quoted as follows; "This is a typical case of fraud. The boy must be simply eating and drinking at night. The claim that he was fasting for six months cannot be taken seriously, unless a fraud-proof blood test confirms that there is no glucose in his blood".
Recently, three physicians visited the area on behalf of the IRA and approached the boy's guardians asking for permission to take a blood sample from him. They were denied access to him. The physicians were threatened with dire consequences if they did not leave the area immediately.
The meditation place has been cordoned off, and nobody except Bamjan's supporters are allowed to come closer than 50 meters to him. His supporters claim that the Buddha Boy's meditation is holy and he cannot be disturbed at any cost.
In fact, no outsider has had an opportunity to talk to the boy. Even police officers, who had tried to interrogate all parties in order to find out what is going on, have had to leave without achieving their goal.
So, the legend of the Buddha Boy continues to grow but skeptics abound and enlightenment is slow.
Wednesday, November 12, 2008
What Collective Intelligence Knows About Us
The knowledge obtained by our use of the computer network is a powerful tool. Trillions of key clicks from the daily decisions of millions of people in the course of their everyday lives, builds a bank of data that can be analyzed and tracked.
This bank of information is often called collective intelligence. In fact, harnessing this intelligence through analyses of patterns and correlations is enabling more accurate predictions about our preferences and behaviors.
Human decisions involved in using a computer like purchases and keyword searches are the kinds of activities that can be stored and in aggregate analyzed for knowledge. If you are a user of Amazon.com or use Google Zeitgeist you probably already know what this means.
Amazon.com examines patterns of retail behavior using hundreds of variables to recommend future purchases for us to consider. All future purchases are based on buyer behavior involved in previous purchase decisions. Meanwhile, Google Zeitgeist uses collective intelligence to graph search terms used throughout the year to track what topics mattered most to people.
Thomas Malone (Center for Collective Intelligence- MIT) thinks opportunities exist in “prediction markets,” where humans, with the computational help of computers, predict things with greater accuracy than single experts, in many different areas, from electoral politics to medical diagnostics.
Recently, Google announced that it will launch a new tool that will help federal officials "track sickness". Its called "Flu Trends" and it uses search terms that people put into Google. The geographic location of these searches will be used to predict where influenza is heating up, and Google will notify the Centers for Disease Control and Prevention in real time.
Engineers will capture keywords and phrases related to the flu, including thermometer, flu symptoms, muscle aches, chest congestion and others. The information will be used to predict flu outbreaks more than one week ahead of time.
So what does collective intelligence now know about us? In the next few months, it can recommend a book that we will surely want to read as we receive our emergency inoculation to avoid that serious flu outbreak predicted to afflict our neighborhood in the next week.
Eric Schmidt, Google's chief executive vows: "From a technological perspective, it is the beginning." Indeed, lets just hope that collective intelligence doesn't mean that our own individual privacy will become compromised in the end.
Tuesday, November 11, 2008
A Veterans Day Reminder From The Drawings Of Auschwitz
The newspaper said twenty eight yellowing documents, drawn by a concentration camp prisoner and dated 1941-43, were a sensational new historic discovery found in a Berlin apartment that was being cleared out.
In addition, Hans-Dieter Kreilkam, the director of the German Federal Archive, told reporters he thought the material was new and that it provided additional proof of the chronology of the "Final Solution."
However, historian Robert Jan van Pelt, an expert on Auschwitz, said he had checked the "so-called 'new' material" on the Web site of Bild, and found that "the drawings that are on their site are all old material, perfectly known" and published by himself and others in the 1990s.
There is no need for any additional historical verification. No, the real importance of these documents is the knowledge that they exist and a reminder of the horror of fascism and tyranny that our veterans have fought against on the military battlefield throughout the years.
This year's Presidential Veterans Day Proclamation states it best: "From the fields and forests of war-torn Europe to the jungles of Southeast Asia, from the deserts of Iraq to the mountains of Afghanistan, brave patriots have protected our Nation's ideals, rescued millions from tyranny, and helped spread freedom around the globe".
Monday, November 10, 2008
A World Of Mismanagement And Corruption At The U.N.
In the strange world of the U.N., the elimination of an internal task force is the best evidence of its effectiveness. In fact, in just the last three years, the U.N. Procurement Task Force, has uncovered 630 billion dollars worth of contracts tainted by fraud, corruption or mismanagement.
In addition, the Task Force is still investigating 150 cases of which one third involve fraud and corruption. These cases will never be completed before December 31, 2008, but may represent another billion dollars in suspect contracts.
The Procurement Task Force headed by former U.S. federal prosecutor Robert Appleton and staffed with eighteen legal professionals plan to focus on only eight more cases before the task force ends its investigations by the start of the new year.
Still, it was just two weeks ago, that the Task Force announced that it had uncovered five more cases of fraud and mismanagement. These new cases total 20 million dollars of U.N. contracts according to the unit's annual report to the U.N. General Assembly. These recent cases involve air charter services in the Congo, office supplies in Kenya, consulting jobs in Greece, and payroll services in New York.
Last year, the Procurement Task Force issued a series of reports that highlighted the fact that corruption had spread from United Nations headquarters to its peacekeeping efforts. It identified ten significant instances of fraud and corruption with an aggregate value of 610 million dollars. The task force also cast a spotlight on United Nations officials that were allowed to carry out criminal schemes in one U.N. mission after another.
These Task Force findings confirmed comments made by former Federal Reserve Chairman Paul Volker in 2006 about the findings of mismanagement and corruption in the United Nations corrupt oil for food program. Volker said at the time that the United Nations suffered from a "culture of inaction".
Of course, rampant fraud and corruption is nothing new for United Nations peacekeeping missions. In the early 1990's corruption was widespread in Cambodia, Somalia and the Balkans. The Procurement Task Force focused it most recent peacekeeping corruption allegations on Haiti and the Congo.
Meanwhile, UN Secretary General, Ban Ki-moon reportedly has begun a campaign to lead the U.N. for a second term. It may have been the reason that his communications director recently told reporters that United States President elect Barack Obama "is a U.N. person."
The history of the United Nations shows it to be a dubious world of mismanagement, fraud and corruption. A lack of oversight is where much of the problem begins. If Barack Obama is really a "U.N. person" then he should withhold American dues until more U.N. reform and oversight begins.
Indeed, if Barack Obama wants to deal with the current U.N. he should at least insist on somebody with the proper experience to lead it. There is only one clear choice to run this corrupt bureaucracy. Tony Soprano for Secretary General is the appropriate choice for the U.N. in its current form.
Also Read : No United States Dues For The United Nations on eWorldvu.com
Thursday, November 6, 2008
Man-Made Global Warming's Defeat At The Polls
According to a recent survey from ABC News, Planet Green and Stanford University, fewer than half (47 percent) of Americans consider global warming an important issue to them personally. The percentage had dropped from 52 percent in April 2007. The survey also showed that only 30 percent of ABC News respondents said they trust what scientists have to say about the environment "completely" or "a lot."
The media is not widely reporting it, but the public's increasing man-made global warming skepticism was in evidence at the polling booth in California on election day. Two green initiatives went down in overwhelming defeat.
Proposition Seven would have required utilities to generate 40 percent of their power from renewable energy by 2020 and 50 percent by 2025. It lost by a huge margin - 65% to 35%.
Proposition Ten would have created $5 billion in general obligation bonds to help consumers and others purchase certain high fuel economy or alternative fuel vehicles, and to fund research into alternative fuel technology. It went down to defeat by a total margin of 60% to 40%.
Martin Durkin, the producer of the documentary: "The Great Global Warming Swindle" has said of the proponents of environmentalism:
"It is transparently obvious that they sit squarely in the tradition of Romanticism. Like the romantics, they hate industry, love nature, idealise peasant life, they think capitalism is wicked, they think people in modern society lead depraved shallow lives and have forgotten the true value of things, they don’t like cars or supermarkets or lots of proles taking cheap long-haul holidays."
Of course, it isn't just romanticism or idealistic lifestyle that drives the climate change agenda. It is also a huge global business with an insatiable appetite for green, as in the color of money. The fact is that more than 50 billion dollars spent on research throughout the last decade has still not produced any evidence that global warming is man-made.
Still, romanticism and big business have nothing to do with evidence and actual science. As the climate cools, the voting public is becoming increasingly skeptical of all the dire global warming claims. This weeks defeat of Proposition 7 and Proposition 10 at the polls in California is only a preview of things to come.
Also Read: Man-Made Global Warming Left Out In The Cold on eworldvu.com.