2009.10.20 in Current Affairs | Permalink | Comments (1) | TrackBack (0)
Already a popular pastime throughout Latin America, and growing in popularity in the Southwest US border states, kidnapping ordinary people for small amounts of money seems to have arrived in San Jose. In this specific case it seems that the kidnappers weren't that good at it, as they reportedly didn't get any money yet they released the kidnapped.
2009.07.02 in Current Affairs | Permalink | Comments (0) | TrackBack (0)
Here's the money quote from a recent AP story about the June sales of Ford, GM, and Chrysler vehicles:
Ford is the sole U.S. automaker to avoid bankruptcy protection and it's the only one not receiving government loans to keep from running out of money.
2009.07.01 in Current Affairs | Permalink | Comments (1) | TrackBack (0)
From the San Jose Mercury News, June 4th:
In e-mails and phone calls to the Mercury News this week, more than 20 people who said they attended the KISS-FM Old School Fiesta Concert on Saturday criticized Shoreline security for not more closely examining their bags or not patting them down in a search for weapons.
Six people were stabbed and there were numerous fights during the concert, which ended 15 minutes early. [...]
Aaron Siuda, a Live Nation spokesman, reissued the same one-paragraph statement released Monday, assuring people that the company takes security very seriously and blamed a few "irresponsible patrons" for "isolated fights" Saturday night.
But that kind of response doesn't satisfy Ric Mora, 54, of San Jose. He said he left the concert two hours early when some people started throwing chairs.
"I thought they would hit my wife," said Mora, who added he would prefer Shoreline use wands to check everyone who enters like at events at the Alameda County Fairgrounds in Pleasanton. [...]
According to Mountain View police spokeswoman Liz Wylie, [...] "But these were not your average people. We believe this was between gangs and they were looking to fight, no matter what."
So, let's see: A bunch of folks complain that security didn't strip search everyone, yet most of the violence was from fist fights and throwing chairs. The strip searches wouldn't have prevented any of the violence, but it sure would have been another erosion of everyone's liberty. Ben Franklin ("They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.") is right once again.
2009.06.05 in Current Affairs | Permalink | Comments (0) | TrackBack (0)
One of the fancy Philips Marathon CFL bulbs I installed in my office in February just went pop. So much for the "seven year life" that Philips claims. The warranty requires that I send the old bulb in, along with the receipt (which I do still have) and the proof of purchase (which of course I recycled back in February).
2009.05.20 in Current Affairs | Permalink | Comments (0) | TrackBack (0)
Here's the email I sent to Patty Fisher, a columnist at the San Jose Mercury News, in response to her column "Too Hard on AIG?"
Dear Ms. Fisher,
Your column entitled "Too Hard on AIG?" contains quite a few dubious comments. For example, you trot out the fact that John Chambers makes 861 times as much money as the average janitor who works there. I'm sure that that's probably true, but show me any janitor who could do Mr. Chambers' job? Mr. Chamber's business savvy has clearly lead Cisco through good times and bad to continue to make tremendous profits for its owners—owners who include a lot of pension funds and individual investors throughout all sectors of the economy. $11.2 million in compensation seems to be generating a pretty good return for everyone.
Similarly, you paint the AIG "bonuses" as if they were given based on the financial performance that drove the division responsible for the collateralized debt obligations (CDOs) into the ground. My understanding is that the "bonuses" were actually retainers used to ensure that the people with the best knowledge of how to unwind the CDOs and recover as much money as possible would stay on with AIG until AIG could finish disposing of those toxic assets and shut down the entire division. Without those "bonuses" most of those people would have moved on to other jobs long before the assets were disposed of, meaning AIG would loose the institutional knowledge necessary to recover most of that money. By investing $165M AIG was able to recover nearly $1,500,000M dollars. Now that's a good return on investment.
Then you resort to the good ol' politics of class envy by crying that you haven't had a bonus in 10 years, so by implication it's unfair that anyone else should enjoy a bonus. What poppycock. If you don't like your compensation, do something about it—even in this down economy it's easier than ever to start your own blog and monetize your knowledge capital. The writing on the wall couldn't be any more clear that your industry is declining and won't exist as we know it within a decade. Get entrepreneurial and stop playing the victim!
Finally, you mis-represent the Bush administration as being anti-regulation by forgetting that his administration proposed sweeping regulatory reform—and stronger oversight—over Fannie and Freddie (New York Times, Sept. 11, 2003) that likely would have curtailed their market-distorting lending practices. Note that Democrats, led by Rep. Barney Frank, shot this legislation down and claimed there were no problems with Fannie and Freddie's practices. (Wall Street Journal, Sept. 9, 2008)
You also trot out the old canard that Bush passed huge tax cuts for the "wealthy," but when the "wealthy" are the only ones paying taxes, who else could benefit? The bottom half of all wage earners pay only 3.6% of the entire tax bill (U.S. Treasury's Office of Tax Analysis).
I guess about the only comment we do agree on is your high esteem for Alvaro Urbina.
Sincerely,
Blake Sobiloff
2009.03.23 in Current Affairs | Permalink | Comments (1) | TrackBack (0)
There's been quite a bit of press recently about the inflow of "assault rifles" and other weapons into Mexico. Unfortunately, much of it is incorrect and it presents erroneous information about both the weapons available in the US and the laws the control their sale. Most egregiously, Gen. Barry McCaffrey keeps repeating these incorrect facts in his well-publicized presentations on the criminal problems in Mexico.
2009.03.20 in Current Affairs, Guns | Permalink | Comments (0) | TrackBack (0)
I've had a delightfully long weekend thanks to my company's President's Day holiday, so I got some time to get to some long-ignored items on my "To Do" list around the house.
2009.02.16 in Current Affairs | Permalink | Comments (0) | TrackBack (0)
A while ago Kevin Kelly, over at his Cool Tools website, highlighted this gorgeous poster by Wallstats that visually represents where all your Federal tax dollars go. I thought it was reminiscent of the work of Edward Tufte, who has done amazing work towards improving the visualization of quantitative data. I was all set to even order one, as my office currently lacks any decent eye candy.
2009.01.09 in Current Affairs | Permalink | Comments (0) | TrackBack (0)
While the U.S. Immigration officer named Knapp rifled through all her belongings, Aew sat quietly. She was afraid of this man, who eventually pushed a keyboard to Aew and coerced her into giving up the password to her e-mail address. Officer Knapp read through Aew's e-mails that were addressed to me, and mine to her. Aew would tell me later that she sat quietly, but “Inside I was crying.”
2009.01.05 in Current Affairs | Permalink | Comments (0) | TrackBack (0)
Larry Niven, Jerry Pournelle: Lucifer's Hammer
Completed October 27, 2009. (*****)
Jeff Cooper: The Gargantuan Gunsite Gossip
Completed October 14, 2009. (****)
James Wesley Rawles: Patriots: A Novel of Survival in the Coming Collapse
Completed Aug. 1, 2009. (****)
Max Brooks: The Zombie Survival Guide: Complete Protection from the Living Dead
Completed June 19, 2009. (****)