Month: August 2013

I thought this was called “Extortion”

Extortion (also called shakedown, outwresting, and exaction) is a criminal offense of unlawfully obtaining money, property, or services from a person, entity, or institution, through coercion…. Making a threat of violence which refers to a requirement of a payment of money or property to halt future violence is sufficient to commit the offense…. Neither extortion nor blackmail require a threat of a criminal act, such as violence, merely a threat used to elicit actions, money, or property from the object of the extortion.

So here we are, getting ready to argue about the debt ceiling again. And Speaker Boehner is telling us there’s no deal without gutting Social Security. He’s willing to tank the nation’s credit to get his way.

What, Grandma doesn’t need to eat, does she?

How dare he. And if the President thinks for one minute about appeasing him, how dare he.

Remember that Social Security doesn’t add one penny to the national debt — in fact, the Feds borrow money from Social Security so they can pay the bills!. Further, the anticipated problems with future cash flow can easily be fixed by raising the maximum amount taxed for Social Security. Without Social Security, count on a lot more poverty.

Now, it’s all well and good to say that individuals must be responsible for [read, pay for] their own retirement, it’s just callous to say that in an environment where minimum wage is less than it was in 1963 when adjusted for inflation and many Baby Boomers experience long term unemployment. How the heck are people supposed to “be responsible” for retirement in that environment?

Be sure to contact your Congressperson and Senators to let them know how you feel about this. Remind them that you — and your parents — vote.

In Closing: you know these days it’s hard to end a post without giving you some choice tidbits about the NSA and/or Snowden; when the heck are schools going to learn that their authority ends when students are dismissed and off school property?; blurred lines; they needed a study to show that laptops in class are a distraction even for the kids without them?; a couple comics ladies might appreciate; pragmatism (or, you can’t ship your busted toilet to India); and TR.

Financial Illiteracy

Dollars and Sense: How Wise Are We With Money?

Many thanks to Cara Delany for this terrific infographic.

Way back when I went to high school, I was required to take a trimester long class called Personal Finance. Among the topics were how to write a check and balance a checkbook, how to put together a family budget (this lesson might as well have been called “Don’t get pregnant unless you like poverty”), what color cars were safest, how to calculate cost per unit (with the bizarre aside that a longer cassette tape was cheaper per minute than a shorter one of the same cost, the quality of the music being irrelevant), and Why Capitalism Is Better Than Communism (it was during the Reagan Administration, I even remember the propaganda filmstrips). I think we might have spent a day or two on different kinds of insurance. Topics that in retrospect I would have liked to have seen but didn’t include how to decipher utility bills, how interest works, credit cards and other short term debt (pay it off ASAP!), secured debt such as car notes and mortgages, and basic investment vehicles (stocks, bonds, mutual funds, etc).

Have a great weekend, folks!

Shorties of Chuckie

Ok, let’s start with the NSA data dump: boy howdy and I do mean dump. Big mean dookie here and the administration keeps adding to the pile. Advice to the White House: sunlight is a good disinfectant.

On Republicans: And a possible shutdown of the government (because that worked out so well for the Republicans during the Clinton Administration). But remember, they know better than 97% of scientists about climate change (and for those who are religious? Rush is wrong and if Jesus does come back he’s gonna be honked about what we’ve done with the planet). Oh, and alert the media, I agree with Roger Simon.

On Computer Literacy: Most people aren’t. Even those kids we think are so much better on the computer than their elders. At least many of the elders are aware of the things they don’t know.

An Accidental Invention: The teabag.

On the Labor Force: There is no labor shortage, duh. Alien workers — including the undocumented ones — are sought after because they are easily exploited. Interns are free labor (which means it can be a challenge for young workers to accept the so-called opportunity unless Mummy and Daddy pony up cash). Modern Capitalism looks a whole lot like Feudalism.

Real Life MacGyver: Snakes on a Catapult and 9 other great tricks.

The Truth about Eyeglasses: pupillary distance, and adjusting your frames.

Petroglyphs: Over 10,000 years old.

On a Happier Note: Steinway sold for $512,000,000. Interestingly enough, the C above Middle C should be tuned to 512 hertz.

No Credit isn’t Bad Credit: the unscoreables.

Accurate Title: Yes, Vaccinations Save Lives.

I Question Their Criteria: Edmunds.com’s list of “best” cars for short drivers doesn’t even mention adjustable belt points and properly proportioned seats.

Hmmm: Childhood obesity linked to school lunches and TV watching.

Scientists having a pissing contest: On de-extinction.

And finally: Goodnight iPad.

ShortWoman’s Super Simplified Campaign Finance Plan

Over the years, I’ve talked about tax simplification and campaign season streamlining. Today I share my idea — singular — for simplifying campaign finance. Since it’s clear that we are unlikely to get to a place where campaigns are publicly funded and each candidate is sharply limited on what he (usually he, sometimes she) can do and since McCain-Feingold has been perverted beyond repair, it’s time to add my virtual two cents. It’s very simple:

To contribute to a candidate’s campaign, you should have to prove that you can legally vote for that candidate.

This can be easily done by attaching a photocopy of the donor’s voters registration card to the contribution voucher. This has several key benefits:

  • Neither corporations nor unions could contribute to campaigns. Neither one can legally vote. Conservatives and Liberals? This is detente.
  • It affirms that the results of an election are primarily the business of the constituents. I like Elizabeth Warren, but why should I be allowed to meddle in Massachusetts politics by sending money? Why should somebody from another state be able to manipulate my local elections by infusing capital?
  • It limits the influence of big donors. Sure, Sheldon Adelson will still have a lot of sway in Nevada — along with Steve Wynn and Irwin Molasky  (why not) — but except for Presidential campaigns, influence stops at Primm.
  • It would reduce fraud.

The powers that be clearly have a vested interest in keeping elections a giant slush fund. However, We The People deserve better.

In Closing: More on the NSA, the TSA, and wisdom from Bruce Schneier; what decade is this again?; making your way in the world today takes everything you’ve got (and sometimes a bunch of credit to cover what you don’t got); duh; the real Lone Ranger?; and a giant virus.

A choice selection of NSA and spying on citizens links

So much for “We’re only using it to track bad guys overseas. Ok, well maybe Americans but only if they’re terrorists.” Turns out the DEA, CIA, FBI, and IRS got a piece of that action too. And then they tried to cover it up. Here’s a hint folks, government officials don’t try to cover up good and perfectly legal things.

Oh, and it turns out that they are only willing to go on the record about 13 “contributions” to an arrest. How much is this program costing taxpayers — in an environment where at least one party is constantly screaming about the national debt — per arrest? Any sensible CEO would have pulled the plug.

When CNN notices that 1984 is uncomfortably close to what we are experiencing, you have to wonder.

Cloud computing is now dead. After all, if you can’t trust that the government doesn’t have your data, how can you possibly trust that your competitors, enemy, or ex-wife doesn’t have it?

They know when you are sleeping, they know when you’re awake, they know when you’re downloading porn so be good for goodness sake! No, actually they just know the IP (internet protocol) address of every site you visit.

And they’ve hacked a major internet anonymizer to keep track of you when you don’t want it. Wikipedia is trying to lock them out. Good luck with that, seriously.

The frosting on this rotten cake? They won’t even tell Congress what they are up to.

Over 100 organizations think this is a bad thing that needs to stop now.

“A matter of national security — The age old cry of the oppressor.” — Jean Luc Picard.

Follow Up: Americans cars are getting older.

In closing: to do list; on pregnancy; lefties against Obama.