Interesting Items Monday, May 3, 2010
- Interesting Items
Monday, May 3, 2010
Howdy all, a few Interesting Items for your information. Enjoy �
In this issue: 1. Goldman
6. SEIU Protest
Monday May 3, 2010
Interesting Items 5/03 �
Howdy all, a few Interesting Items for your information. Enjoy �
In this issue:
3. Oil Spill
4. Cape Wind
5. Dodd Bill
1. Mohammed. This one is a couple weeks old, but sufficiently important to lead off with. A couple weeks ago, South Park went after the prophet Mohamed. Comedy Central once again censored all drawings of Mohammed. This time around they also bleeped the mention of his name like all good little Dhimmis. At this point, it does not appear that they will even allow the original episodes to be released on YouTube or on DVD. In response, a Seattle cartoonist launched Everybody Draw Mohammed Day on May 20. This is aimed at the violent Islamists who threaten to murder people who would dare defame, deface or otherwise tweak the name and/or visage of their prophet. Sounds like it is an important protest to join. And it ought to be held monthly rather than yearly.
2. Immigration. Democrats and the state-run media went after Arizona�s new immigration legislation hammer and tong last week. And they really ratcheted up the rhetoric to some pretty extreme levels doing it. Essentially, the State of Arizona is saying congress and the last three administrations have not been executing their constitutional duty to defend and protect the borders, so they are taking the responsibility for doing so. The legislation is pretty carefully written, so as to be in synch with existing federal law. Limbaugh cut through all the BS from the left on this and pointed out that this legislation essentially puts their voting fraud operation out of business. And when democrats can no longer steal elections, they are sunk and sunk badly.
3. Oil Spill. The oil spill in the Gulf of Mexico is ramping up to be a pretty bad one, as oil continues to leak out of the well underneath the sunken drilling rig. Federal response has been slow and halting, with some on the left starting to refer to it a s Obama�s Katrina. The spill should start hitting Louisiana this week. As it was a drilling rig, I would suggest that this is one heck of a well and one heck of a reservoir. The wellhead lies underneath 5,000 feet of water and will be difficult to cap. The national reaction this mess will be dangerous, as the democrats and greens are already using it as a vehicle to argue for shutdown of all offshore exploration. One response would be to ask why are we having to drill in 5,000 feet of water and not onshore. Another response would be to ask what else we ought to be drilling / mining for that is safer: natural gas? Nuclear? Coal? Big hydro? Geothermal? Tidal? Alcohol? We aren�t going to do well using our food for vehicle and transportation fuel. The big worry is that this will lead to government overreaction like happened 40 years ago when the spill off Santa Barbara led to the complete shutdown of all oil exploration off southern California and to the creation of the EPA. The left will use this as a campaign vehicle for years to come. It is up to us to ensure they are not successful.
4. Cape Wind. Interior Secretary Ken Salazar, issuing a diktat from upon High waved his hand last week and decided that indeed, yea there will be a wind farm off of Cape Cod � regardless of what the local residents want. Now, it isn�t quite that bad. What actually happened was that Salazar approved a lease for offshore seascape that will eventually end up with 130 440� tall wind turbines. Total cost of the Nantucket Sound project is expected to be around $2 billion. Salazar smiled hugely and promised more such installations up and down both coasts in the not so distant future. Oh joy. Locals are obviously outraged, as they have been fighting this project for years. Do not expect them to be successful. On the face of it, wind power would seem to be a good thing. But it has some significant drawbacks, the most important being that wind is not constant. And you need generation rotating, instantly available to provide power within seconds to minutes when wind speed changes. Europe, which has extensive wind generation installed and operating, has had no decrease in the use of fossil fuels over the last couple of decades. To my knowledge, no single wind project in either the US or Europe has been built and operated without a government subsidy. If wind is such a great thing, why does it need subsidies? Finally, wind turbines do a number on the local bird population. The mechanism is broken wings, which ground the birds and local scavengers quickly learn that wind farms are great places to get easy meals. Here in Alaska, seagulls are federally protected. I expect they are in Massachusetts also. The dual standard here is breathtaking, for if Exxon or British Petroleum were building large things that killed off the wildlife on a regular basis, they would be shut down. Wind operators enjoy immunity � so far.
5. Dodd Bill. The Chris Dodd (D, CT) financial reform legislation is starting its move through the senate. There were a couple test votes and successful filibusters against it. Like everything else out of this congress in general and Chris Dodd in particular, this is really, really bad stuff. It sets up the ability of the FDIC to bailout banks forever. It empowers the feds to determine which companies are financially troubled and shut them down at will. This does not just include banks and savings institutions. The legislation does absolutely nothing about Fannie Mae and Freddie Mac, which are the largest and worst fiscal offenders. The 1,400 page POS legislation contains at least five pages of banks and financial institutions that are exempt (read this as bribes duly received) from provisions in the legislation. It essentially picks winners and losers in the financial world, propping up all the large, well connected institutions that have been able to purchase their exemptions and crushing into oblivion all small and medium sized lending institutions, banks, credit unions and financial houses that have not purchased their protection from federal oversight. There are provisions in the legislation that prohibit any new small business owner from getting a commercial loan unless their net worth is over $1.2 million and an annual income over $500,000. This provision alone will kill the creation of all new small businesses nationwide. This legislation is essentially a fascist takeover of the rest of the financial world that was not touched by TARP / Stimulus last year. It must be killed. Sooner would be better than later.
6. Cross. The SCOTUS in a 5-4 majority found that a cross at a WWI veteran�s memorial in the Mojave Desert can remain in place. The cross was a target of the separation of Church and State crowd for decades. They were successful in getting state and federal judges to order it removed. In response to the judicial opinions, congress conveyed the federal property the cross occupied to private ownership, removing the rationale for its removal. This wasn�t good enough for the anti-religious folks, and they managed to appear the entire mess to the SCOTUS. The 5-4 vote split along the expected lines with �Wise Latina� Sotomayor deciding that private property really isn�t all that private. Some wisdom, that.
7. Hacker. The 22-year old son of a Knoxville democrat party official guilty of two felony charges for hacking into then-Governor Sarah Palin�s e-mail account during her run for VP in 2008. He was convicted of unlawful computer access and obstruction of justice. Sentencing for this conviction will come later and could result in up to 50 years in prison. I wouldn�t expect this punishment, as the two felony convictions should be enough to get his attention for a very long time to come. The jury did not find him guilty on the other two counts.
More later -
More later - - AG
"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that ye were our countrymen."
- Samuel Adams, speech at the Philadelphia
State House, August 1, 1776.
Note: Interesting Items can be found at the following locations:
The Alaska Standard http://thealaskastandard.com/
MatSu Valley News http://www.matsuvalleynews.com
District 28 http://www.dist28.com/
subscriber and supporter Elbert Collins at http://thatselbert.wordpress.com/
and the home page: http://home.gci.net/~agimarc
Rod Martin's The Vanguard site is also a long-time supporter of this column: http://www.thevanguard.org/
To read Alex Gimarc�s columns, go to http://home.gci.net/~agimarc/
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