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POPSHow the UltraRich have to cut back Anyone want to take up a donation to help them cover a private jet or perhaps for another $10K dress so the woman does not get stuck in the year old one ;-)
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POPS Keep Your Sunny Side Up by Mark Steyn
The Iraq surge (McCain's unique selling point) is a victim of its own success and has dwindled away to an irrelevant footnote, and the front pages are full of a supposed economic catastrophe which the crude rules of politics suggest any fool should be able to hang on the incumbent. Yet Obama still can't open up a solid lead. After all, why would record numbers of viewers watch the vice-presidential debate if the election's already over? Meanwhile, the supposedly damaged Republican brand is proving suprisingly resilient. I see one of the two New Hampshire seats that flipped blue in '06 may return to the red fold next month. Where's the blowout? A lot of the dynamite is well past its sell-by date: Two references last night to Ronald Reagan negotiating with Tip O'Neill. No one remembers who Tip O'Neill is. McCain might as well have been evoking misty watercolor mem'ries of Talleyrand . . . Obama, by contrast, is all future - which is understandable, given his past.
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POPSPost-bailout AIG spends $440,000 for "retreat" at a California resort Congressman Waxman also said that there was evidence that the former CEO changed the bonus schedule in order to insure that top executives would continue making multi-million dollar salaries, even as their company went broke. "Mr. Sullivan and the other top executives should have had their bonuses slashed due to poor performance," said Waxman. Sullivan received a $15 million golden parachute payment when he was let go in June, says ABC.
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POPSNaomi Klein The homepage of Naomi Klein, author No Logo and The Shock Doctrine. The Shock Doctrine is a must read.
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POPSMcCain: Campaign by Anecdote Never mind that the stories have little to do with the topic, or that he, among Senators, bears more responsibility than most for the current financial debacle.
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POPSLARGEST BANK FAILURE IN US HISTORY Now everybody is waiting for the fall-out. What about the investment industry, those that got to depend and make a living around the industry? Unemployed financiers. This is a catastrophe.
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POPSEthically Bankrupt Virtually all the mistakes have been caused by errors in regulation — not by "corporate greed," as liberal Democrats would have it. Corporations follow the signals and guidelines set by Washington. When those are faulty, bad things happen and taxpayers pay. Remember this, too, when Congress cranks up hearings and vilifies one CEO after another for "looting" their companies. It was Congress that created the subprime crisis. Any promises that it makes to solve it should be viewed with serious skepticism. Dirksen would have been impressed. By our count, that's about $2 trillion, or 14%, of a $14 trillion economy. How did it happen? One case after another has been made for intervention in the private economy, based on the principle that some private-sector financial institutions, such as Bear Stearns and AIG, are "too big to fail." If they did fail, it would lead to a financial market catastrophe — or what the Fed on Wednesday referred to as "disorderly failure."
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POPSIce cream cone cupcakes These turned out great! It's quite fun to do with kids as well. I'm thinking of making a new patch and involve the nephews with the frosting. I foresee a catastrophe :P My first patch :D http://i455.photobucket.com/albums/qq274/sheroug/IMG_0885.jpg Oh and I poured the batter into the cones directly like the post author says.
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POPSDo taxes really slow economic growth? You hear it all the time, but it's theory passed off as fact. Look at the data: long-term national prosperity does not correlate to tax rates. It simply isn't true. It's "voodoo economics."
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POPSflooded London 2090 - art imaginary scenario "The installations are optimistic and reveal that far from being a tragedy, the floods have brought about a much-improved way of life to the capital city." one of the comments on this story says: "Can’t wait for global warming to improve the London weather." :-)
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POPSA House Fit for a Hobbit? Why are we doing this? 1.It's fun 2.Our society is almost entirely dependent on the availability of increasing amounts of fossil fuel energy. This has brought us to the point at which our supplies are dwindling and our ecological catastrophe. We have no viable alternative energy source and no choice but to reduce our energy consumption. The sooner this change can be begun, the more comfortable it will be.
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POPS-Are Humans Destroying the Planet's Web of Life? Very sobering, disturbing article. Just put global climate disruption aside and think about what we humans are doin to the life in the oceans and the air and land, the forests, the over fertilizing, the plastics...it's abominable and has to be changed or we die.
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POPSOfficials May Evacuate New Orleans as Gustav Nears If a Category 3 or stronger hurricane comes within 60 hours of the city, New Orleans plans to institute a mandatory evacuation order. Unlike Katrina, there will be no massive shelter at the Superdome, a plan designed to encourage residents to leave. Instead, the state has arranged for buses and trains to take people to safety. Since the storm (Katrina), the Army Corps of Engineers has spent billions of dollars to improve the levee system, but because of two quiet hurricane seasons, the flood walls have never been tested. Floodgates have been installed on drainage canals to stop any storm surge from entering the city, and levees have been raised and in many places strengthened with concrete. Scientists cautioned that the storm's track and intensity were difficult to predict several days in advance. The Louisiana Society for the Prevention of Cruelty to Animals planned to move animals to shelters elsewhere in the state and in Texas.
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POPSWelcome Back to the 19th Century Apologists for Russia can point to lots of mitigating circumstances, starting with the biggest one of Christmas Day 1991, when the hammer-and-sickle flag over the Kremlin went down for the last time, and up went the Russian tricolor. Poof, and a whole empire from the Baltic to Kazakhstan was suddenly gone. Yes, that chilled the Russian soul, and so did Georgia's love affair with the United States. How dare Georgia, the birthplace of Stalin, sidle up to the EU and NATO? In the greater scheme of things, though, Georgia's geopolitical crimes pale against a simple historical truth: 8/8 is payback for 12/25, when the Soviet Empire expired. That, as Mr. Putin has told us, was the "greatest geopolitical catastrophe of the century," and ever since he was anointed neo-czar in 2000, he has been working hard, and as time went by ever more ham-handedly, to reverse the verdict of the Cold War -- to regain what Russia had lost. By JOSEF JOFFE WSJ Europe
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POPSPutin Makes His Move Putin's aggression against Georgia should not be traced only to its NATO aspirations or his pique at Kosovo's independence. It is primarily a response to the "color revolutions" in Ukraine and Georgia in 2003 and 2004, when pro-Western governments replaced pro-Russian ones. Ever since, Putin has been determined to stop and, if possible, reverse the pro-Western trend on his borders. He seeks not only to prevent Georgia and Ukraine from joining NATO but also to bring them under Russian control. He seeks to carve out a zone of influence within NATO, with a lesser security status for countries along Russia's strategic flanks. That is the primary motive behind Moscow's opposition to U.S. missile defense programs in Poland and the Czech Republic. His war against Georgia is part of this grand strategy. Putin cares no more about a few thousand South Ossetians than he does about Kosovo's Serbs.
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POPSMajor-League "Beat-Down" On Obama's Energy-Less Policies During yesterday's Special Report, Charles Krauthammer unleashed a major-league beat-down on Barack Obama's unhinged "energy" policy. Batten down the hatches.. The amount we would save in our tires generously calculated is about 1/200 of what you get from offshore oil alone, and the amount of oil shale is in the West would give us 10,000 years worth of the gasoline saved by inflating our tires. The problem with the Democratic position is they always say 'let's do x' instead of drilling. What the American people understand is you do x, y, and z, and everything. But the reason not to drill is untenable. You drill as well, and that will help us as well... ...BAIER: So inflate your tires. KRAUTHAMMER: It is not even a tenth of a hundredth of the solution. If that much.
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