Thursday, January 31, 2008
Taking care of our military
And the number who succeed in killing themselves is at the highest level since the Army began keeping track. In 2007 121 did, 20% more than in 2006.
The truly sad part is that the military really has not yet found an effective way to treat these victims of war.
He Has the Power
The key provision in what is apparently a fairly vague signing statement concerns Iraq. Bush does not want to be limited in making any agreement which binds us to staying in Iraq permanently or forbids us from controlling oil in Iraq. In his judgment only he has the power, as only he had the power to go to war with Iraq.
As with so much of the Bush administration style, the meaning of words is disputed. The administration considers any agreement made with Iraq as a "compact", not a treaty. Ergo, Congress does not have to okay it.
Wednesday, January 30, 2008
A Fine Line
Some doctors who had invested in a company that made an artificial spinal disk, Prodisc, conducted clinical trials which were used to get FDA approval. The trial compared the results for 162 patients who received the artificial disc with the results for 80 who had a spinal fusion. However, the results for Prodisc did not include 50 people who were used to train doctors in implanting the device. Nor, for reasons unknown, did it include another 21 people who had the device implanted. Also, some oif the doctors did not disclose their financial investment.
Impartial investigation?
What a difference a month makes
Two other familiar names appear in the article - Singapore and an unnamed Middle East investor.
Iraqi Women
From the McClatchy Iraq Blogs
From Inside Iraq
is that all???
Now, I have a story to tell my son Haider about. It is a story that is more interested than Titanic and the Lord of the Rings. Its even deeper in Histroy that the story of the famous Iraqi Myth hero Gelgamish and his firs written epic that we always talked proudly about. It's the STORY OF THE IRAQI FLAG.
Yes we changed the flag and all our problems were solved in a second. Now we shall not care about the electricity problem because our flag will lighten our dark night, it will warm our frozen souls, we will not even think about the thousands of the displaced families because the new flag will be their houses and it will feed their angry hungry stomachs. Now, we will be able to reconstruct our destroyed country because we will build skyscrapers, hospitals and schools made of the Iraqi flags.
I swear I'm still looking for the word that reflects my DEEP DISAPPOINTMENT. Is that what our parliament care about? Shallow issues? Why did they change the flag? To satisfy the Kurds? Well, they will never be satisfied and they will ask for more day after day like fire, it never refuses more fuel. In fact, changing the flag added nothing to the whole political process because it satisfied the Kurds but angered the Sunni who refused to raise the new flag.
I just want to ask our lawmakers "is that all you can do? Do you think that this poor nation went to the election in 2005 when the sectarian violence was everywhere just to give you the chance to change the flag and to approve some other useless laws?
It's Getting Worse
And where is Pervez? Traveling outside of Pakistan. Does he suspect something?
Monday, January 28, 2008
Still Pushing
The Bush administration is in this position because it has forgotten the answers to several key questions. Where did the Sept. 11 attacks originate? Where is Al Qaeda's key leadership currently located? Which US military mission is authorized by the United Nations and NATO? In which theater are more than half of the troops supplied by other nations? In which theater are US casualties lower than its partners? Which country's people want the United States to stay and help? Finally, in which theater does the United States have a greater chance of succeeding?They also point out the stupidity of having six times as many troops in Afghanistan and spending in Afghanistan a small fraction of that which we are spending in Iraq. And they ask the question of why all the Western troops are nor under a single command.
Sunday, January 27, 2008
Banks are less important than ports
Perhaps it's because of the lobbying of the U.S.-Emirates Alliance, a lobbying effort of the U.A.E. Or, maybe it's because the financial industry gave 32 times as much money to congressional campaigns in 2006 than did sea-transport companies.
A Reporter's View of the Muslim World
An Egyptian View of the Breach
Egyptian President Hosni Mubarak risks angering the Arab world if he resorts to military force against the Palestinians, who have been hailed as heroes for breaking free from Israel's stranglehold on the Gaza Strip. However, the longer the border stays open, the greater the risk that militants can infiltrate Egypt and strengthen like-minded Islamist factions, which lead the opposition movement against Mubarak's authoritarian administration.
"It was a huge mistake by the Israelis to seal off the other crossings and create this disaster. The only beneficiary of this situation is Hamas," said a senior Egyptian official, speaking on condition of anonymity because of the sensitivity of the topic.
The Egyptian official, who is privy to intelligence and high-level meetings on the crisis, said that fear of a public backlash is not the only reason a military solution is untenable. He noted that Egypt is allowed to keep no more than 750 military personnel at the border - a condition stemming from a peace agreement with Israel. A third problem, the official said, is that the breached border wall lies outside of Egyptian territory in Hamas-controlled land. That means that even if the Egyptians push back the Palestinians, they have no authority to refortify a crossing located outside of their jurisdiction.
"We don't want a more chaotic situation, clashes between the security forces and the masses," said the official. "It has to be done in a wiser way, but we can't tolerate this huge threat to our national security. You have a flood of people and you don't know who they are."
Saturday, January 26, 2008
A Surge - in Civilian Deaths
In Afghanistan Human Rights Watch estimates the number grew from 230 in 2006 to 400 non-combatants in 2007.
"We are not adequately prepared to address"
In 1990 they had five general officer positions for managing contractors; today they have zero. The number of soldiers devoted to purchasing dropped by 25% between 1990 and 2000. Not only are there fewer contracting people, they are likely less qualified as only half of them "are certified for their current positions".
This lack of oversight is one reason why about 18% of the reconstruction contracts in Iraq are 'either questionable or cannot be supported because of a lack of contractor information needed to assess costs".
I'm glad we have a professional Army. How could draftees deal with such complex issues?
Friday, January 25, 2008
The wall is breached again.
This is the bulldozer that knocked down more of the wall between Egypt and Gaza. For more images, see FP Passport
More Recruiting Woes for the Army
The decline in the quality of recruits continues. Where the goal is that 90% of recruits will have graduated from high school, in 2007 only 70.7% did; this is worse than 2005 (83.5%) and 2006 (73.1%). Another recruiting goal is that two-thirds of recruits will pass the Armed Forces Qualification Test as well as have graduated from high school; only 44.6% did in 2007. This is less than 2006, which, in turn, was less than 2005 (56.2%).
All of this costs us money in recruiting ($4billion a year) and training. Despite enlistment bonuses of as much as $40,000, the quality is just not there. What happens when an organization settles for second best, especially when the second best is armed?
Bring back the draft!.
Thursday, January 24, 2008
What is your color?
I am omnipotent. When you die and face the unknown, your friends and family appeal to me by donning black to ease the pain. They follow you in a black hearse to your last resting place. I am always there and always called upon at your final appearance. And, I may meet you down below for I am also the Prince of Darkness.
Some malign me by blackmailing other people, dealing in black markets, using a blackjack or attributing bad luck to a black cat. But they are in the minority. Even in your games of checkers and chess you acknowledge my power by granting me the first move. Some of you like me so much you have adopted my name; you all know a Mr. Black. Who knows a Mr. Purple or a Ms Orange? Some worship the night, which I bring you every twelve hours. Some fear it. I try to please both by putting variety in each night; some nights are peaceful, some stormy.
To the writer I am ubiquitous. Almost all books and magazines are printed in black ink. Publishers, like all business people, much prefer being in the black rather than the red.
Occasionally, I am frivolous when I wear my little black cocktail dress. Most of the time I’m serious, very serious. Life is a serious business and I’m here to help you through it.
Is $458,000,000 enough?
Wednesday, January 23, 2008
935 Lies
Beyond Paul Winchell and Edgar Bergen
Tuesday, January 22, 2008
"There will be enough oil." Oh, really?
But how CERA or any other expert can make accurate predictions is beyond me as there is little good production data from Saudi Arabia, Iran, Venezuela and Russia.
Even if the rate of decline is only 4% and new fields are discovered, demand will not stay still. This year alone it will jump by 2.3%. In future years it will only grow.
Gee, They May Actually Do Something
Yes, we need to get money into the hands of those who will spend it - and spend it quickly. Hence, here is one case where a flat amount makes sense; $500 to someone making $25,000 is a heck of a lot more than the same amount given to someone making $100,000. And the lower income person will have to spend it just to get by. Helping those who are unemployed survive without a job for a longer period of time is another necessity. Increasing food stamps temporarily would also help.
The infrastructure of this country is in sad shape. Be it water, transportation, schools - something is wrong with a large segment of our infrastructure. If there were sensible projects ready to go, we should also jump start them.
But, we can't forget the trigger to where we are now: too much of our financial structure is no longer controlled by banks. We need to have greater control over our 21st century, global financial system, not just the banking system.
Monday, January 21, 2008
One Day of Relief
Sunday, January 20, 2008
A Year from Today
Saturday, January 19, 2008
Are you in alignment with your candidate?
Friday, January 18, 2008
Tighter and tighter draws the noose
Help the Veterans
Chapin runs two 'charities' aimed at helping veterans: Help Hospitalized Veterans and Coalition to Support America's Heroes. Of the funds he collected from his various direct mail campaigns, how much do you think went to veterans? Would you believe 25%? Over a half million went to compensating him and his wife. $100,000 went to the Medal of Freedom Winner and war hero Tommy Franks. $17,000 went to membership in a country club, $340,000 was spent on meals, hotels and entertainment. A million was loaned to the arch-conservative direct mail king, Richard Viguerie.
What does 'directed' mean?
It is possible that the PR fallout from the destruction of the tapes may be worse than that which would have resulted from keeping the tapes.
Thursday, January 17, 2008
Shock Treatment
At present, about 60% of the students at the center receive shock treatments about once a week.
I guess that estimate was a little bit off
Well, the GAO tried to verify this number. They really can't as the official Iraqi records show that only 4% of the budget had been spent as of August.
I can understand the need to make estimates if the data is not available. My question is whether the audience knew how that the numbers were estimated and how they were derived.
What do the U.S., Israel, Syria, China and Iran have in common?
$9.83 is a nice number
In 2007 Merrill managed to lose more than their net earnings from 2002 to 2006. How much of a package did the former CEO, Stanley O'Nealk walk away with for such a sterling performance?
Wednesday, January 16, 2008
Deja Vu?
Two years ago a couple of obscure academics extensively examined financial and stock market records of many listed companies in the
The other day The Journal ran a lengthy article based on a study by a couple of obscure academics. This study concluded that some investment banks appear to be trading on the basis of inside information. I suspect the eventual outcome of this article will be jail time for a number of investment bankers.
The problem stems from the fact that most investment banks have people who do deals and people who trade securities. For example, J.P. Morgan Chase was hired in the spring of 2007 to advise Verizon about a possible purchase of a small provider of telephone services, Cellular Corp. By the end of June two sections of Morgan for the first time had accumulated a 2.4% share of Cellular. When the deal was announced on July 30, Cellular stock shot up 34%. Coincidence?
Morgan is not alone. There is a wonderful graph that shows Citibank’s holdings of a company called Fritz before and after it was acquired by UPS, a client of Citibank. On September 30, 2000, Citibank held 116,400 shares of Fritz. By year-end they held 1,009,900 shares. The deal was announced in early January. Fritz stock was up 62%. Coincidence?
Credit Suisse was even more blatant. It advised both sides of an acquisition. Royal Bank of
Goldman Sachs advised Motorola in its acquisition of Symbol Technology. By the time the deal was announced Goldman had increased its holdings of Symbol from 142,000 shares to 1,169,200. Coincidence?
Morgan Stanley advised Philips Electronics in its acquisition of Intermagnetics General. Morgan’s holdings of Intermagnetics went from 29,600 shares to 244,600. Coincidence?
Morgan Stanley has “strict policies” to ensure that inside information is protected. “We firmly believe that no improper trading occurred."
Tuesday, January 15, 2008
Are you more likely to die?
Finger Food or a Sit Down Meal
It Hasn't Stopped Yet
At the same time Merrill Lynch raised $6.6 billion from Kuwait, Korea and the Mizhuo bank of Japan.
The BBC summarizes the sub-prime losses known to date:
It's a wonderful economy. Isn't it?
Monday, January 14, 2008
The Ten Commandments of Punditry
Thou shalt be the Expert, on Everything.
Thou shalt not waste “time in the field.”
Thou shalt be Non-Partisanly Partisan.
Thou shalt be neutral, but not always.
Thou shalt not commit the sin of Footnotes.
Thou shalt not misuse the title of “former.”
Thou shalt remember the past day, by keeping it forgotten.
Thou shalt be who you need to be.
Thou shalt not commit the sin of Common Sense.
Sunday, January 13, 2008
Doga?
"Other than getting old, what crime did they commit?"
The problem is that very often the courts do appoint a guardian although the patient does not have a right to an attorney (although those charged as criminals do) and most often cannot even object to the appointment. Furthermore, this decision is usually made without the proper medical documentation required by court rules, without asking about the patient's long term prognosis, without appointing an independent fact finder. It gets worse. Guardians are required to file an inventory of the patient's assets and to report annually on their management of the patient's finances; this they seldom do.
Here's one patient's experience as reported by the Boston Globe:
Dawn Cromwell dares not leave her building. If she tried, a device girding her ankle would sound an alarm. For over a year, she has had to use store-bought reading glasses because her pleas for a prescription pair have gone for naught. She is given medications, but, she says, no one will tell her what they are.An estimated 2,000 elders find themselves in this situation each year in Massachusetts. How many are there across the country?For 20 months now, Cromwell's life has been defined by a 10.5-by-12.5-foot living space at North End Rehabilitation and Nursing Center. In her tiny closet, there are virtually no clothes, and she has no idea what's become of the cherished possessions in the Boylston Street apartment where she lived for years.
It's just doomed
Saturday, January 12, 2008
At One Ment
Ideas for the Next President
If you can't read the article, here is a summary:
- Kenneth Rogoff, an economist, advocates a steep tax on coal, oil and natural gas.
- Reza Aslan, a writer, says cut out the religious rhetoric.
- Philip Stephens of the Financial Times wants Brazil, China, India, Mexico and South Africa to join the G-8.
- Jessica Matthews of the Carnegie Endowment says let's talk to Syria.
- Yang Jianli, a former prisoner in China, tells us to be consistent and practice what we preach.
- Newt Gingrich, ex-Speaker of the House, touts the value of listening.
- Kavita Ramdas, head of the Global Fund for Women, wants the next president to promote gender equality. She backs up the benefits of implementing the idea with facts.
- Nadine Gordimer, the novelist, feels that the embargo of Cuba should be dropped.
- Jorge Dominguez, vice provost at Harvard, says it's time to end our double standards.
- Dmitri Tenan of the Carnegie Moscow Center advises a trip to Tehran.
- Fouad Ajami of Johns Hopkins thinks things are just swell now. (Okay, they had to include one real extremist.)
- Desmond Tutu, bishop and Nobel Prize winner, advises that we should admit that we have made mistakes.
Friday, January 11, 2008
More Questions About Bhutto's Death
We'll very likely never know what really happened, but it sure raises a ton of questions, very few of which are favorable towards that powers that be, including the U.S.
What's $15 Billion Among Friends
Time will tell.
Six Years and No End in Sight
Coming Home
This suit is an attempt to correct an error by the town's attorney when preparing the legal papers for the town's Affordable Housing Committee. The property that the committee awards to those needing an affordable house is intended to remain affordable in perpetuity. Well, intent is one thing, action another. When the mortgage company foreclosed on the property on which it had loaned almost $600,000, the clause leaving the house affordable in perpetuity apparently went out the window.
Now the Town is trying to get the house back in the affordable inventory by placing correct restrictive covenants on any transfer of the property. I'm not a lawyer, but it sounds as though they have little chance of winning. However, the chances of running up a good sized legal bill are very good.
Thursday, January 10, 2008
Pay the bill or I'll stop the service
The Holidays Are Over
The first article reports that the town of Tisbury has initiated suit against the state, the Department of Education (DOE) and the town of Oaks Bluff and the Martha's Vineyard Regional High School. The suit is based on the introduction by the state of a 'new' formula for allocating the costs of regional schools. For 50+ years the Vineyard has allocated high school costs based on student enrollment; the more kids from your town that went to the high school, the more you paid. Although the law has been on the books for 15 or so years, it was only in this current fiscal year that the state decided that unless all towns within a regional district approved a regional agreement, then the state allocation formula would prevail.
With this formula the town of Oak Bluffs was able to save about $400,000 and the Town of Tisbury had to pay $250,000 more for its share of the high school costs. Oak Bluffs opted to abide by the state formula; that really riled Tisbury, so much so that they have initiated this suit. There are many problems with the state formula, the most egregious being the use of data that is from the last century. I can understand - and, in fact, I applaud - Tisbury's suing the state. But, why they would include Oak Bluffs and the High School in their suit is beyond my conception, particularly when Tisbury has been crying foul over Oak Bluff's acceptance of the state formula. It is also of interest that Aquinnah also opted to abide by the state formula, but Tisbury has not included that town in its suit.
While I think I know something about school finances on the Vineyard, I must confess to being a neophyte when trying to understand the second article which reveals a great deal of turmoil within the Tri-Town Ambulance Service, which provides EMT services to the towns of Aquinnah, West Tisbury and Chilmark. It appears as though the problems stem for the agency's rapid growth. Their budget has increased dramatically over the past few years, but the management structure has really not changed.
It promises to be an interesting budget season.
Loan Collection in 21st Century India
Part of the problem is not only the newness of the concept of personal loans, but the legal system is such that it takes years to collect if one goes through the courts.
Ah, the problems of nascent economic powers.
Wednesday, January 09, 2008
One Less
Why she won
She became a human being and spoke truths. Whether she's the right person to make her wishes happen is another matter. I happen to think she's not.
Tuesday, January 08, 2008
Okay, so it's Spring today on the Vineyard
It's continuing
Pay for Performance
Monday, January 07, 2008
Daily Life in the Holy Land
I'm sure the average Palestinian thinks well of Israel and Hamas.
Sunday, January 06, 2008
Sophistication? Pornography?
The ad shows four women clad in what appear to be bikinis and one man who is holding a bunch of grapes over the mouth of a seated woman. Two of the women are standing off to one side, a third is seated in the background. One of the standing women appears to be about to cry, the other is staring with venom in her eyes at the couple in the midst of seduction. The man is shoeless, the women wear stiletto heels. The standing women have marks drawn on their bodies; the marks appear to have been made by a surgeon contemplating cosmetic surgery. The setting appears to be an ancient courtyard with statues and candles. The tag line is "It's not fitness. It's life".
From a strictly business view, the ad will receive notice. But will it cause people to call the local Equinox gym? I doubt it as there is no connection between the ad and what the company wants to sell. Furthermore, the only way the reader can call the local gym is either to use the phone book or go to the company's web site. Wouldn't it have made sense to list an 800 number?
From the view of an old guy who is not a possible customer, I think it's a fairly disgusting ad that demeans women and men.
Another call for impeachment
Of course it was her fault
Perhaps he thinks she also hired the shooter and the bomber.
Saturday, January 05, 2008
Inside an Iowa Caucus
At Des Moines' 23rd Precinct, for example, just three miles from Barack Obama's triumphant victory party, organizers failed to adequately explain the caucus process, voters publicly protested the participation of two immigrant women, and Spanish translations were unavailable. And while in theory, the process of "convincing" one's neighbors to caucus for a certain candidate sounds like grown-up debate club, in practice, it looks more like junior high school clique formation, replete with peer pressure.And she concludes:
The Iowa caucuses are certainly thrilling, but are they just? Even with Democratic turnout at 239,000 this year, up from 124,000 in 2004, only a small fraction of eligible voters, about 11 percent, found time to devote two hours to the caucus. And it wasn't just in the 23rd Precinct that captains were unable to control crowds. The Des Moines Register reported that people all over the state left disorganized caucuses without being counted, and many voters questioned the accuracy of tallies.
So is a rowdy caucus really a purer form of democracy than the ease and privacy of a voting booth? All evidence points to no. Maybe America would sit up and take notice of that uncomfortable truth if more of the national media ditched the swank after-parties and covered a caucus.
How do the candidates see the world?
While I have yet to pay much attention to the current presidential campaign, I don't think much has been said about this by any candidate.
A Surprise?
However, in the same interview he said that the expansion of two existing settlements will not be stopped; Israel will build more dwellings in these settlements to accommodate a growing population.
They do speak a different language in the Middle East. Don't they?
Friday, January 04, 2008
Questions to ask
- Has the candidate faced a crisis or overcome a major setback in his or her life?
- Has the candidate had a variety of life experiences?
- Can the candidate tell the difference between a foreign enemy and a political opponent?
Maybe something is happening
Sleeping on the job...
One of the guards, Kerry Beal, reported to the NRC that some of his fellow guards were sleeping on the job. The NRC asked the owner of the plant, Exelon, about this. Exelon said they had no evidence and the matter was dropped. So, Beal videotaped the siestas. The videotape eventually reached CBS and the shit hit the fan.
The NRC is now reviewing their oversight procedures. Exelon terminated its contract with Wackenhut, the firm that provided the guards. And the nuclear industry may actually improve their security.
One guy started it.
Thursday, January 03, 2008
Wishing won't make it so
"There are only two possible outcomes for Pakistan now, both of which involve Musharraf taking action that brings about his own death or overthrow. One is a praetorian coup from within the military; the other is a popular uprising. Either can result from his mishandling of an important national issue, such as secession by a district or province. You can bet the corps commanders of the Pakistani Army are already calculating the costs and benefits of five more years of Musharraf."
This is a case for Scotland Yard
Twice before Scotland Yard has been called in to investigate an assassination in Pakistan. They made exactly zero progress. Will this time be any different except to make it seem that Musharraf is trying to clear up the mystery?
Wednesday, January 02, 2008
V2 vs. Stuka
- By devoting resources to the production of the V2 rocket rather than the Stuka and other fighter planes Germany essentially gave away a very potent weapon. The rockets killed a few thousand in London, but the fighter planes were downing many British bombers. Dyson estimates that each V2 meant one less German fighter plane and ten more British bombers. He attributes the misallocation of resources as being the result of the internecine battles between the branches of the German military.
- Dyson concludes his essay with some thoughts about war and war criminals. Dyson worked for the RAF during the war and helped plan the bombing of Dresden, for which, had the Axis won, he could have been tried as a war criminal. "Even the best of wars involves crimes and atrocities, and every citizen who takes part in war is to some extent collaborating with criminals."
- Finally, "the moral imperative at the end of every war is reconciliation. Without reconciliation there can be no real peace."
Tuesday, January 01, 2008
A Different Newspaper
The Journal's article talked about the recent problems McClatchy has had after a long run of being king of the hill. Michael Massing in the NY Review praises the Iraqi blog, Inside Iraq, as being truly reflective of daily life in Iraq for Iraqis. Surprisingly, Leila Fadel, the bureau chief, is only 26 years old. This is just another indication that McClatchy is a different newspaper company.