Tag: Republicans

Oh Boo Hoo

Fortune Magazine tells us that “For banks, it’s getting harder and harder to earn a buck.” That’s because interest rates are so low. Or at least that’s what “conventional wisdom” would tell us. Please cry for the banks and demand higher interest rates!

Not so fast. If banks are having such a hard time making an “honest” buck, then how come “U.S. bank earnings rose 21% in the April-June quarter and lending to consumers increased, adding to evidence that the industry is strengthening four years after the financial crisis.” Turns out there’s actually a good reason the banks are doing so well:

That’s because most of them have increased the historic spread between the interest they charge for mortgages and the interest they have to pay for their own borrowing and, of course, the now minuscule rates they pay to folks with savings accounts. As a result, according to a recent news story in the New York Times, bankers are enjoying ballooning profits from their mortgage business.

If the banks were using the formula that was in effect up until a couple of years ago, the 3.55 percent rate for a 30-year mortgage would be close to 3.05 percent. Or, they could increase the rates they pay savers by about a half percent.

So yeah, the gap between “what they pay you” and “what we pay them” got bigger despite mortgage rates near record lows.

I hope Fortune Magazine isn’t hoping for a subscription fee from me anytime soon.

In Closing:  you might want to disable Java; trying to change the law without bothering to involve lawmakers; 14.8% of Americans are on food stamps; and Boehner admits that the easiest way to win is for poor people to stay home on election day.

Missing the Point

It is absolutely a tragedy what happened at the Empire State Building. Who can possibly predict that a guy who was laid off almost a year ago would come back and start shooting? Nevertheless, I’d like to digress for a moment to point out that it’s a lot safer to never hire a nutcase than to have to fire one. Screen your employees before you hire them, people.

So then let’s get into the nitty gritty, starting with this opinion piece talking about how NYPD officers use great restraint:

As a rule, it takes a lot to get NYPD officers to fire their guns at anyone. Despite a handful of isolated, but highly publicized, exceptions to this rule when officers have shot unarmed individuals over the past decade and a half, New York’s 35,000-officer force remains a worldwide model of firearms restraint and veneration for human life.

[snip!]

In rapidly unfolding and completely unpredictable situations, assessing the need to use firearms is often a split-second decision. It can mean the difference between life and death. Officers have to sift through confusion, fear and fragmented information.

In the incident outside of the Empire State Building, it is made more difficult because the street is one of the busiest in America. The officers had to take into account the risk of the gunman hurting potentially many people in the vicinity were he not stopped.

Look, nobody sane is disputing that they had to make sure this guy didn’t hurt anybody else. The man pulled his gun out and was clearly intending to shoot at the cops. This wasn’t a place to experiment with a taser.  What were they supposed to do, offer to buy him a latte and talk for a while??

The problem is not that NYPD had to shoot this guy. The problem is that out of the 16 shots fired, 3 hit the perp. All 9 innocent bystanders were shot by the cops trying to “protect” them.

Take aim at the real problem: aim.

In Closing: It’s the jobs, stupid; the important question is the one about whether his mom was born in Kansas; if no blacks support Romney and a minority of women and Hispanics and people under 35 support him, how can the polls possibly be as close as they’ve been? Are there really that many angry old racist men?; school internet safety; yep (so why are these guys still married?); if Republicans get their way, be ready for $10,000 per ounce gold; abused by the system; fake world leaders; can’t make this up; trash can babies; ok, but Goldman didn’t make the drought happen; over 20 serial rapists in Detroit so far; scary; probably not what life is like in Russia; and the old man speaks the truth.

NASA can be cool

…. And not just because some of a geek with a mohawk.

It turns out that in addition to putting robots on Mars, they’re responsible for a lot of things that are making life better right here on Earth. Just keep clicking for more great tidbits.

Welcome to yet another internet rabbit-hole.

In closing: brains and beauty; you don’t need that crap anyway; I was wondering when somebody was going to notice this; pass it on; turns out that harassment is  sometimes a security issue; and Ezra’s still got it.

Compare and Contrast

Alright. I’ve been trying real hard to stay away from talking about Paul Ryan. Every newsman, blogger, and their dog have been on about Paul Ryan for the last 36 hours. That being said, I would like to point something out.

One of the core things that Mr. Ryan wants to do is replace Medicare with a “voucher system” where seniors can pick out and pay for their own private medical insurance. That’s the number one thing CNN has to say about him! Of course anybody who actually understands math and insurance knows that a premium that would actually cover a typical Medicare patient’s medical expenses would be unaffordable for most seniors, even with a voucher (just like with private schools). Therefore, it would be most accurate to say that Mr. Ryan wants to abolish Medicare.

Now then, please consider this second item. The Head of the RNC says that it’s Obama that wants to destroy Medicare. Even the NBC interviewer had to step back and ask but what about Paul Ryan’s voucher plan.

Listen. It’s pretty simple. Obama is no saint, but he’ll do less damage to Medicare than the Rolls-Royce Romney/Ryan ticket.

In Closing: I hate to say it –and I’ll probably never say it again! — but Insane Clown Posse has a good point; by contrast, Chris Rock will probably have another good point in the future; how much of high food commodity prices are the drought and how much is banker speculation?; there’s got to be a way to legally troll this system; on White Terrorists; what? you mean housing and unemployment are related issues??; and your brain.

Music Monday: Something Borrowed

Today I’ve got a little “music theory” lesson for you. I’m going to explain that chord that’s driving you crazy. You know the one, the second one.

Most of the “happy sounding” songs you know are in what are called “Major keys.” That includes everything from Happy Birthday and Yellow Submarine to Pomp and Circumstance and the Star Spangled Banner. In fact, I can’t think of a single American “patriotic” song that is not in a Major key.

There’s another kind of key called a “Minor” key. You can express a lot of different emotions using it. Gloria Gaynor used it in “I Will Survive” to show determination and frustration. The Beatles used it in “Eleanor Rigby” where it echoed the loneliness and insignificance of the characters in the song. Anger, sadness, and a host of other things can be implied simply with a Minor key.

Chords can be Major or Minor too. Usually we capitalize Major chords. When a musician analyzes a piece of music, he or she will usually use Roman numerals. So if we build a chord on each step of a Major scale, we get this:

I  ii  iii  IV  V  vi  vii°

That last one is a third type of chord called “diminished.” Don’t worry about it right now, since it’s not important to this song. All of these chords are perfectly normal in a Major key, although there are some arcane rules about what order you can use them. An alarming number of songs use the chord progression I  V  vi  IV.

On the other hand, if we build chords on a Minor scale, these are the chords you will most frequently see (this bit is slightly simplified from what you’d be taught in a music class):

i  ii  III  iv  V  VI  vii°

So back to our song. The first chord is a nice big Major chord, I. The next chord is built on the 4th note of the scale, so it should be IV. However, they’ve fooled us with a jarring minor chord, iv! What are you supposed to be feeling? Happiness of being loved? Or fear of being rejected?

This is called a “borrowed chord.” Even though most young composers discover the neat, unexpected sound before High School, the fancy term is usually not taught until well into a college music theory curriculum. Now you’ve got a fun trivia item.

In Closing: it was worth a try; Samurai; interesting thing about the workforce; another reason we don’t need police drones; these guys think the Affordable Care Act is here to stay; no kidding; Montanans elected this person; high speed rail (I would worry about how they hold up in an earthquake, but Japan has it); Casablanca at 70; wanna buy a couple skyscrapers, cheap?; and Happy Wedding Day to Barney Frank and James Ready.

Hope?

It’s June, and I’m already really tired of the 2012 election season: delegate shenanigans; voter suppression (oh the irony of toting out the GOP’s token black man for this!); shoddy fact-checking; shoddy spell checking; fear mongering; birtherism; austerity. Blah! Some people are asking — and reasonably so — whether it’s even possible to have a constructive campaign this year.

But two things have me thinking that there may be a ray of hope. Maybe 2012 is doomed, but there’s signs that we may at some point in the future be able to talk reasonably about political issues, and maybe even find middle ground in the obvious places.

First, it looks like the IRS will actually be enforcing long-ignored rules about churches getting involved in politics. Nobody says your preacher can’t have an opinion and can’t have a political bumper sticker, but he’d better not preach that if you vote a certain way you risk eternal damnation. Damnation!!

Now it looks like the GOP is actually trying to get back to basics with people who  “stressed the need to work with Democrats to get things done in Washington.” Younger politicians who say stuff like “I think the government, again, should get off your back, out of your wallet and away from the bedroom.”

I sure hope that works out.

In closing: salt; stranger danger has gone too damn far; it turns out that unlawful intrusions are unlawful; is anybody surprised to learn that Facebook ads don’t work? Anybody? Bueller?; Fail; childhood poverty; don’t fight the ocean, it will win in the long run; too much of a good thing is bad; and anger management.

Modern Patriotism

Nothing says “I love my country” and “support our troops” like a great t-shirt. This one makes sense, mostly. What could be more American than Rock and Roll?

Then again, maybe you prefer patriotic stars-and-stripes dolphins on a lavender background. Maybe they are helping our Navy!

Surely, nothing represents remembering our fallen troops like a kitten sitting in a flag-bordered red-white-and-blue flowerbed watching fireworks! How A-MEOW-ican!

Don’t dare tell Sigfried and Roy that white tigers can’t be patriotic Americans too. Roar!

And finally, patriotism is not just for American cats. Japanese cats can love America too (offer not valid during World War 2). Heck, Hello Kitty loves America so much, you can co-ordinate patriotic Hello Kitty shorts with your patriotic Hello Kitty t-shirt.

I think I need some nice, American bourbon.

In Closing: TED; poor deliberately made poorer; space for profit; Robert Reich; bloody Romans Government; more Mitt on education; should have expected this; and castles.

Music Monday: Computer Generated?

I’ve become convinced that the Black Eyed Peas are actually performing songs written by a sure-fire no-fail hit writing computer algorithm. How else do you get lines like “Beats so big I’m steppin’ on leprechauns”? People in the place, give it up:

Of course, I prefer the Bad Lip Reading version:

Now, at some point I think the algorithm got “borrowed” by LMFAO:

There. Doesn’t that explain a lot?

In Closing: Scam; is there some reason they couldn’t have raided the store in daytime?; Stereotypes; not normally something one does alone; and that’s why they have to disenfranchise as many people as possible; hope he’s right; look, you silly man, the reason it needs to be better regulated is that if the shareholders and owners lose everything, the FDIC — that is the taxpayers — are on the hook.

Little Dogs with Big Boobs

Yes, Of course I know they mean “Teacup“. It’s still funny, particularly in Pink.

Follow up on Yesterday: Ron Paul ended up with 22 of Nevada’s 28 delegates, even though he was only “supposed to” get 8; no word on whether the RNC will have a hissy fit “challenge” the results.

In Closing: It’s International No Diet Day, and I won’t be celebrating it yet again; and the reality of illegal immigration.

Get the popcorn…

Somebody once said that all politics is local. Local meets nationwide today in a city called Sparks.

So the Nevada GOP and the National GOP are having a little disagreement. The RNC has threatened not to seat Nevada’s delegates to the national convention if there are “too many Ron Paul supporters.” The Nevada party, on the other hand, says that we have a set of rules we agreed to and we are going to follow them, regardless of the outcome.

Our caucus was held all the way back at the beginning of February, and there were simply more candidates then. The Experts decided that “Romney is supposed to get 20 now and Paul eight….” However, The Experts don’t get to pick the delegates to the national convention; the delegates selected in February to go to the state convention today do that. State officials agree that there will be no “loyalty test” for those selected to represent Nevada in Tampa. This clears the way for Ron Paul’s supporters to take over.

Maybe not, but it will be a train wreck.

In closing: unemployment and labor participation; somebody smack Nancy upside the head with reality; and it’s a sad day when Ted Koppel thinks that Comedy Central has the best news reporting.