“Soft despotism is a term coined by Alexis de Tocqueville describing the state into which a country overrun by "a network of small complicated rules" might degrade. Soft despotism is different from despotism (also called 'hard despotism') in the sense that it is not obvious to the people."

Monday, December 15, 2008

Someone will pay.


  1. That guy doesn't have much understanding of what's going on. The government doesn't have to borrow money in order to inject money into the economy. It is not a zero sum game. The government can print money.

  2. But, I still maintain if the money is going to get spent one way or the other, it would be better to distribute it to the Populace, based on how much they paid in taxes

    ...the people would decide what to do w/it instead of the proffesional lifer Crooks, for better and worse, but far better in the aggregate than the Crooks are doing.

    ...and the Malefactors would have to pay by going out of business.

    Leaving Companies running more in line w/the WIO model.

  3. If Doug is anal,
    What is DR?
    ...Ex Lax

  4. Many power companies are now offering rebates to clients for deploying solutions that reduce energy consumption:

    Pacific Gas & Electric: 100% rebate.

    San Diego Gas and Electric: 100% rebate

    Bonneville Power Administration (BPA): 100% rebate

  5. Pacific Gas & Electric: 100% rebate.

    Amory Lovins explains why that is:

  6. More good--great--news---Obamer Chooses Superintendent Of Chicago Public Schools As Head Of Dept. of Education

    This is a strike for kids all over America. Only need two more, they're out for good.

    The Chicago public schools are the worst in America. If it doesn't work locally, take it nationwide, seems to be the 'thought process'.

    Meanwhile, Obamer promises a report on his staff's involvement with Blago right before Christmas, when the nation's attention is elsewhere.

    We're utterly screwed.


    I almost threw up from that rollercoaster video, al-doug.

  7. The inventor of the Harley-Davidson motorcycle, Arthur Davidson , died and went to heaven.

    At the gates, St. Peter told Arthur. 'Since you've been such a good man and your motorcycles have changed the world, your reward is, you can hang out with anyone you want to in heaven.'

    Arthur thought about it for a minute and then said, ' I want to hang out with God.'

    St. Peter took Arthur to the Throne Room, and introduced him to God.

    God recognized Arthur and commented, 'Okay, so you were the one who invented the Harley-Davidson
    motorcycle? '

    Arthur said, 'Yeah, that's me...'

    God commented: 'Well, what's the big deal in inventing something that's pretty unstable, makes noise and pollution and can't run without a road?'

    Arthur was a bit embarrassed, but finally spoke, 'Excuse me, but aren't you the inventor of woman?'

    God said, 'Ah, yes.'

    'Well,' said Arthur, 'professional to professional, you have some major design flaws in your invention !

    1. There's too much inconsistency in the front-end suspension
    2. It chatters constantly at high speeds
    3. Most rear ends are too soft and wobble about too much
    4. The intake is placed way too close to the exhaust
    5. The maintenance costs are outrageous!!!!

    'Hmm, you may have some good points there,' replied God, 'hold on.'

    God went to his Celestial supercomputer, typed in a few words and waited for the results.

    The computer printed out a slip of paper and God read it.

    'Well, it may be true that my invention is flawed,' God said to Arthur, 'but according to these numbers, more men are riding my invention than yours'.

  8. Ash said...
    That guy doesn't have much understanding of what's going on. The government doesn't have to borrow money in order to inject money into the economy. It is not a zero sum game. The government can print money.

    Spoken as a true idiot...

    Just PRINT money...

    Ash, please learn something about fiscal policy and hyper inflation...

    When governments "print" money that is not connected with anything, the value of the currency nose dives, by 1000's of %

    Thus causing people using wheel barrows of cash to buy a loaf of bread...

    History has proven that "just printing money" is NEVER a solution and leads to true crisis...

    it is NOT an option


    We are up about 35%..

    Net profit per thousand? down about 20%

    BUT since we have decided to join the hyper efficient shipping model we have calculated that we can lower costs dramatically on selected items, compete on a national basis and still be profitable on those items....

    It warms my heart to see my operation (small as it is) to be able to react to market conditions, lower prices, increase service expectations and beat the snot out of the "big" guys all while still not buying at truckload levels...

    Perfect example has been widget A, in the end we make 7 bucks on a 45 dollar sale (after all costs) but we now can pack and ship this in about 6 minutes..

    One employee can take one hour a day doing this one item and earn enough to cover their loaded cost to employ for the entire day...

    Now I want to use that new 100 sq feet with 12-20 more items like this...

    Doug, not sure what you were alluding to about my business model, but I didnt take it as a dig...

    just lacked understanding

  10. Along the lines of WiO's post--

    Zimbabwe Introduces $500 Million Dollar Note

    Worth about 8 bucks, USA, yesterday, probably half that today.

    Zimbabwe has lost half its population in the last four years, I read, and the average life expectancy is 34 years, and dropping.

    Sooner or later, the life expectancy will stabilize, however.

  11. What we ought to be doing is getting rid of the capital gains tax, lowering corporate rates, and individual rates too.

  12. What we ought to be doing is getting rid of the capital gains tax, lowering corporate rates, and individual rates too.

    I agree.

    There also needs to be a fix to the balance of payments when it comes to oil imports. That would include ending all subsidies to oil, placing a 100% consumption tax on gasoline, and accelerating adoption of clean renewable technologies.

  13. WiO,

    The guys contention was that it is a zero sum game and that you MUST take money out in order to put it in. That is not true. You can print money and the US government is doing just that. Whether or not that is advisable is a different issue but the fact is the US government can, and is, using the printing presses. Hence the term 'reflate the economy' and the standard meme thrown about is 'we have the tools to combat inflation but once deflation sets in were screwed so...'.

  14. I wonder what is the state of the banking industry in Zimbabwe?

    I can't imagine.

    Maybe there aren't any banks.

    "I'm here to apply for a loan. I need two $trillion for seed and a hoe. What's the interest rate these days? You can have my cow, and two daughters, as security."

    Well, it ain't funny.

  15. WiO, here it is in a nutshell:

    The Bernanke Doctrine

    Globe and Mail

    December 12, 2008 at 6:00 AM EST

    Six years ago, in one of his first speeches as a governor of the U.S. Federal Reserve, economist Ben Bernanke delivered what became an authentic cult classic – simultaneously a rational assessment of the risk of deflation in the modern world and a chilling description of the methods that the Federal Reserve could use to thwart it.

    Titled Deflation: Making Sure “It” Doesn't Happen Here, the speech attracted marginal attention at the time. The global economic meltdown of 2008, however, abruptly ended this obscurity. The blogosphere has made the archival speech famous. As everyone now knows, “It” happens. The Federal Reserve is already facing a potential bill of $8-trillion (U.S.) from its efforts to resist “It.” The questions of the moment are simple. By the strategic standards of the Bernanke Doctrine itself, what's the Fed doing? And what will it do next?

    Well, first, you keep the printing presses running, cranking out dollars for as long as it takes. “The U.S. government has a technology, called a printing press, that allows it to produce as many dollars as it wishes at essentially no cost,” Mr. Bernanke said with refreshing candour. “Under a paper-money system, a determined government can always generate higher spending and, hence, positive inflation.” Status report: Mission well under way.

    Second, you force these dollars into the banking system more or less any way you can. “The U.S. government is not going to print money and distribute it willy-nilly,” Mr. Bernanke said, “although there are policies that approximate this behaviour.” The important thing, he suggested, was getting this printing-press money into the economy, not how elegantly you get it there. He noted John Maynard Keynes's proposal that, in combatting deflation, the government fill bottles with currency and bury them in mine shafts for the public to dig up. Status report: Mission well under way.

    Third, you take interest rates down – all the way to 0 per cent. The Federal Reserve has now lowered its federal funds rate nine times in a row, taking it from 5.25 per cent to 1 per cent. Mr. Bernanke observed that people have traditionally thought that, when the funds rate hits zero, the Federal Reserve will have run out of ammunition. Not so, he said.

    “A central bank should always be able to generate inflation, even when the short-term nominal interest rate is zero,” Mr. Bernanke said. How? Impose caps on the yields paid by long-term Treasury bills. “[This] more direct method, which I personally prefer, would be for the Fed to announce ceilings for yields on all longer-maturity Treasury debt,” he said – noting that the Fed had successfully engaged in “bond-price pegging” following the Second World War. Status report: Action pending.

    Fourth, you control the yield on corporate bonds and other privately issued securities. The Federal Reserve can't legally buy these securities (thereby determining the yields). It can, however, simulate the necessary authority by lending dollars to banks at a fixed term of 0 per cent, taking back from the banks corporate bonds as collateral. Status report: Action pending.

    Fifth, you depreciate the U.S. dollar. Mr. Bernanke cited president Franklin Roosevelt's devaluation of the dollar against gold (by 40 per cent) in 1933-34, an action accompanied by substantial “domestic money creation” – the printing presses again. “This devaluation and the rapid increase in money supply,” he said, “ended the U.S. deflation remarkably quickly.” Indeed, consumer price inflation, year on year, went from minus 10.3 per cent in 1932 to minus 5.1 per cent in 1933 to 3.4 per cent in 1934. Status report: For use when all else fails.

    Sixth, you execute a de facto depreciation by buying foreign currencies on a massive scale. “The Fed has the authority to buy foreign government debt,” Mr. Bernanke said. “This class of assets offers huge scope for Fed operations because the quantity of foreign assets eligible for purchase by the Fed is several times the stock of U.S. government debt.” Status report: For use when all else fails.

    Seventh, you buy industries throughout the U.S. economy with “newly created money” – the printing presses yet again. The Federal Reserve thus far has acquired equity stakes only in banks and financial institutions. In this “private-asset option,” the Treasury would issue trillions in debt and the Fed would acquire it – still using money hot off the presses. Status report: Technique tested, full deployment pending.

    What happens next? The Fed has mostly done the easy part already. Will trillions of simulated dollars restore the inflationary economy beloved by the Fed? If it doesn't, we can expect the Fed to adopt much more extreme methods of devaluing the U.S. dollar – ironically duplicating the easy-money economy that did so much to cause the meltdown in the first place. This risks a final, ultimate irony. Mr. Bernanke's radical cure could well kill off deflation by prescribing a terminal inflation – thus recalling the old aphorism of the successful surgery in which, unfortunately, the patient died.

  16. Dodd Seeks Details on How SEC Missed Madoff’s ‘Massive’ Fraud

    By Jesse Westbrook

    Dec. 16 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd is seeking details from the U.S. Securities and Exchange Commission to explain the agency’s failure to detect Bernard Madoff’s $50 billion Ponzi scheme.

    Dodd, a Connecticut Democrat, “is seeking more information from the SEC about this case,” Kate Szostak, the senator’s spokeswoman, said in a statement late yesterday. “Senator Dodd is concerned not only about the people caught up in this reported scheme who may have been misled, but how such a massive fraud could have gone undetected.”

    Madoff, 70, was arrested Dec. 11 after he told his sons that Bernard L. Madoff Investment Securities LLC was a “giant Ponzi scheme,” the SEC said. Clients facing losses from the alleged scheme range from a Fairfield, Connecticut, pension fund to hedge funds and New York Mets owner Fred Wilpon’s Sterling Equities Inc.

    The SEC hadn’t inspected Madoff’s investment advisory business since he registered the firm with the agency in September 2006, two people familiar with the matter said. The SEC tries to inspect advisers at least every five years and to scrutinize new firms in their first year of registration, former agency officials and securities lawyers said.

    SEC examiners reviewed Madoff’s brokerage business in 2005 after an investment manager, writing to the agency, and press reports questioned the validity of his investment returns. The SEC’s enforcement division completed an investigation involving the company last year without bringing a claim.

    The SEC already was under fire before Madoff’s alleged fraud came to light. The collapses of investment banks Bear Stearns Cos. and Lehman Brothers Holdings Inc. this year tarnished the SEC’s reputation and lawmakers such as Dodd and Senator Charles Grassley, an Iowa Republican, have questioned its vigilance in enforcing securities laws.

    SEC spokesman John Nester didn’t return a phone call and e- mail seeking comment.

    It's about time someone looked into the shenanigans of these worthless shitheads.

  17. Dodd's a fraud himself. He fixed himself up with favorable loans. Among other things.

  18. But, these days, it's only to be expected.

  19. The talking head fellow, he did not discuss the international aspects of the zero sum game he described.

    Playing, instead, a short course "Economics for Dummies".

    There is a basic core truth to what he described, but only at the extremes. The US has consistently printed money, why Kudlow laid the blame for the initial crisis on the Fed not doing so adequately, the M1 supply only growing by 1% in the last 18 months or so.

    Putting a lot of deflationary pressure on the markets, holding M1 growth to such low levels.

    trish posted a link to refute Kudlow's claim, but it sailed right past my grasp of understanding.

  20. hehehehehe--

    Rezko's Sentencing Delayed, Bad News for Blagojevich

    Tuesday, December 16, 2008 10:45 AM

    CHICAGO -- Jailed political fundraiser Antoin "Tony" Rezko's sentencing has been postponed indefinitely, possibly adding to the legal problems of Gov. Rod Blagojevich (bluh-GOY'-uh-vich), who already is facing federal charges.

    The order came at a one-minute hearing Tuesday amid speculation that Rezko has resumed talking to prosecutors about his relationship with Blagojevich and other figures in the federal investigation of state government.

    But Rezko's chief defense counsel, Joseph Duffy, declined to comment.

    "Merry Christmas, everyone," Duffy said, leaving court.

    Blagojevich was arrested last week on federal corruption charges, accused of putting President-elect Barack Obama's Senate seat up for sale.
    Good ol' Rezko. Soon Blago will be singing too. A duet! Songbirds!

  21. trish posted a link to refute Kudlow's claim, but it sailed right past my grasp of understanding.

    That's pretty much me. For all I know, we might be better going back to the gold standard.

    The Fed is rumored to be lowering rates today. If that happens, I'm heading to the bank to get mine adjusted.

  22. Dodd's a fraud himself. He fixed himself up with favorable loans. Among other things.

    Another kabuki show. Why am I not surprised.

  23. Cop Attacks Cyclist, Charges Him with "Resisting Arrest"

  24. Posted by: Pam L

    Dec 16, 10:49 AM

    Well, considering that the majority of conservatives left in this country live in the middle states, which are the least populated, I think the critical thinkers will be just fine, should the worst happen and we lose communication.

    We have never expected the government to take care of us, so we already are the self sufficient citizens. We listen, and observe the world around us, and take steps to protect ourselves should it look like everything is heading South.

    Let the liberals sit and cry in the dark, and go hungry and thirsty. I won't feel a bit of remorse. And if the U.S. turns into a "Road Warrier" movie, I can guarantee nobody is going to take away what's mine. If you didn't prepare, well too bad for you. Don't say you weren't warned.

    Pam L. seems a woman without pity.

    The Left and Nukes

  25. There’s a massage therapist named Sujinda Yahatta who worked at the Greenwood Point Adult Family Home in Issaquah Washington. After working on a 78 year old man with advanced Alzheimers’ it was love at first sight, apparently. She took the man out of the home without permission, claiming that she was just taking him to lunch. The employees at the nursing home didn’t call the police or anything.

    Instead of going to lunch, Sunjinda Yahatta took the man to a Bellevue courthouse, where she gave a judge $150 to marry them. The 78-year old man didn’t know who this woman was, and the next day he didn’t even remember getting married, but the judge thought everything was fine, after all, Yahatta and her groom were of the opposite sex. At least they weren’t trying to pull a fast one and get one of those same-sex marriage things.

    Instead of a honeymoon, Yahatta took her husband to the nearest Bank of America branch, waved the marriage certificate in the teller’s face, and tried to close out the man’s bank account. Only here did somebody go “Stop” and demand to contact the man’s power of attorney. Then the whole scheme fell apart, and the police came in.

  26. When Marybelle was taking her morning snooze in the car I began to focus on her as a new kind of person. A few years back Vivian had sold two hippie couples a nice little farm down the road. Vivian said they couldn't really be old time hippies because they paid cash for the farm and one of the couples owned a brand new Volvo. Vivian suspected that they had been in the dope trade down in East Lansing. Anyway, the two men like to wear leather clothes and the women wore billowly peasant dresses and made a lot of baked goods which were none too good. One of the women, Deborah by name, told me she could tell I needed flax in my diet. Soon enough the men took to wearing bib overalls and they bought a tractor which they would drive around to no apparent purpose. They raised a hundred chickens for eggs and meat but they didn't have the heart to kill any for dinner. One of the women brought me some flaxseed bread that only my dog Lola would eat if amply spread with butter. I caught a calf so she could pet it and she burst into tears at the beauty of the calf. None of them seemed to know anything in particular but were full of general good feelings. Vivian said they must be keeping their THC levels pretty high. One Sunday we went to a picnic of scorched chicken at their place. There were many of their friends up from downstate and most of the cars were pretty fancy. All of these people treated each other as if they were the most fascinating people on earth though I didn't hear anyone say anything of particular interest. They were that new kind of Democrat who didn't seem to know any working people. They were limited to their own breed. Late one fall with the usual hard winter coming the two couples moved to Maui in the Hawaiian Islands. They were disappointed when we wouldn't accept their old chickens or buy their tractor.

    Marybelle was dozing with her feet up on the dashboard. The Taurus air conditioner was on the blink and with her legs up they caught the window breeze. Cliff, I said to myself, you be careful. This isn't Heidi or Mary Poppins sitting next to you. Marybelle had mentioned that she had phases when she was a tad "bi-polar", one of those terms I had seen in the modern-living pages of The Detroit Free Press though it only made me think of the Arctic and the AntArctic. I wasn't too worried because she said she carried medications. Vivian had told me the year before our split-up that if I developed some mental problems I might be a more interesting person. My Mom used to say that Dad had mental problems but before she died she admitted that Dad just had too much life in him for one body.

    from "The English Major" Jim Harrison

  27. Never knowingly trust someone with a name like Kulany Roeksbutr.

  28. Greek Youth Take Over TV Station

    The return of the repressed, the victory of Dionysius over Apollo.

    Rarely does anything good come from this sort of shit. They think they can run the country?

  29. Feds Cut Rate To Zero to .25%

    Hot diggity, I'm gonna head to the bank tomorrow morning.

  30. Once again the obvious is clear, and the political motivations for the US position and the lack of a viable and successful plan, after seven years are murky.

    But fear not, the aQ backed jihadists are making their last stand, in Pakistan. Right where they've always had a sponsor and a home. No news there.

    Our valued source at westhawk comments upon it, as do others he references.

  31. Microsoft is hosting two webcasts to address customer questions on these bulletins: on December 17, 2008, at 1:00 PM Pacific Time (US & Canada) and December 18, 2008, at 11:00 AM Pacific Time. Register now for the December 17 webcast and the December 18 webcast.

    Afterwards, these webcasts are available on-demand. For more information, see Microsoft Security Bulletin Summaries and Webcasts.

    Microsoft also provides information to help customers prioritize monthly security updates with any non-security, high-priority updates that are being released on the same day as the monthly security updates. Please see the section, Other Information.

    Notification for 12/8

  32. Now this is funny.
    Rush Limbaugh has finally figured it out. He is no longer a Republican, neither are his listeners.

    He does not want to accept this reality, but he acknowledges that it is a fact. He says that for the last six years, he has been on the outs with Republican policies.
    GW Bush's policies.

    But he does not acknowledge Mr Bush or Team43, he blames McCain and Powell.

    RUSH: Ladies and gentlemen, I want to thank all of you for your e-mails of support regarding this interview that Colin Powell did on CNN yesterday. The whole thing wears me out. It's nothing new except now it's coming from ostensibly the Republican Party. Now, Snerdley is livid, many of my staff and friends are livid. To me, it's not that big a deal. I think Powell's premise -- and I understand what's going on -- I think Powell's premise is all wrong. The Republican Party needs to stop listening to me. Basically, what that means is the Republican Party's gotta throw you overboard; the Republican Party can't win as long as it is defined by people like you and me, those of you in this audience. The simple fact of the matter is, folks, what makes this funny to me is that the Republican Party's not listened to me in the last two years. And you might even say in matters of policy and so forth,
    the Republican Party hasn't been listening to me for the last six years.
    And you might even say that the Republican Party is in the situation it's in precisely because of the people like Colin Powell and John McCain and others who have devised this new definition and identity of the party which is responsible for electing Democrats all over this country.

    Rush goes on to tell his listeners that McCain, the Standard Bearer of the Republican Party is not a Republican, at all.

    Rush is as wacky as Blogo, his listeners and he had their say, in the Primaries, they lost. Their arch nemisis, John "Maverick" McCain won the Republican nomination and over 55 million votes on 4Nov.

    He exemplifies the Republican Party.

    Limbaugh's gone crazy, it must be the season for it.

  33. I call it by its' name
    Federal Socialism.

    Limbaugh diminishes our greatest President and calls it "Washingtonianism".

    Playing into the Federal Socialists game, by legitimizing their history through the symbolism of name.

    He just does not want to admit he is not a real Republican, anymore.

  34. This comment has been removed by the author.

  35. The folks at the WSJ either monitor the EB, or they are just clever wordsmiths.

    Barack Obama-san

    For different reasons, but really,
    you did se it here, first.

  36. The mixed reactions to Bush in both Iraq and Afghanistan emphasized the uncertain situations Bush is leaving behind in the region.

    In Iraq, nearly 150,000 U.S. troops remain in Iraq, protecting the fragile democracy. More than 4,209 members of the U.S. military have died and $576 billion has been spent since the war began five years and nine months ago.

    In Afghanistan, there are about 31,000 U.S. troops and commanders have called for up to 20,000 more. The fight is especially difficult in southern Afghanistan, a stronghold of the Taliban where violence has risen sharply this year.

    Marred by Dissent

  37. Now this is funny.
    Rush Limbaugh has finally figured it out. He is no longer a Republican, neither are his listeners.

    It's not that funny, dRat. Commie corruptokracts is what they are. And because of the 2 party system, people don't have who to vote for.

  38. lifestyle superpower

    That's what I want. I wanna be a 'lifestyle superpower', once in my life, instead of sitting on my ass month after month.

    Instead, they're gonna raise my taxes, inflate the currency, and pave some dirt roads with the money, roads that shouldn't be paved in the first place.

    Thank God interest rates are down.

    And thankfully, I've got a good book.

    All of the graves on the green hillside drew me back to the idea that at my age of sixty you could drop dead at any moment. Weather wise was it autumn or early winter in my life? My jacket was too short and I could feel the cold wind in my kidneys. Just before I left AD( Alcoholic Doctor) had cooked dinner for me but he had confessed to drinking two bottles of expensive wine and the stew was glutinous. I somewhat dreaded AD's after dinner conversations because he could have a glass of French apple brandy and sit back in his La-Z-Boy chair and assume the posture of a wise old owl. He would say some sensible things but then drop a sentence similar to opening your freezer and finding a chopped-up muskrat. He had said, in effect, "Yours is the American story. You lose your life's long-term substance, your wife and farm and dog. You are cut loose. At your age you can't think of new worlds to conquer or big-deal adventures in far-flung places. The only real adventure in most people's life is adultery."

    There you have it. On the bare grassy Little Bighorn battlefield I thought of my pleasant feelings about Wordsworth's The Prelude as a college junior but couldn't pin down any particulars. It was like playing horseshoes. You had to keep at it. About a hundred yards away I could see the top of Marybelle's head through the car's front window and wasn't sure if I wanted to return to the car which put me back in the dubious battlefield of answered prayers. You tie biology to the imagination and you can have a mud bath. Forty five years of sex fantasies come true and I'm thinking that I wish I could go fishing.

    "The English Major"

  39. Anonymous said...
    Obama's Main Man Caught on Tape!

    Rahm--On Tape 21 Times!
    Check out this little item in the Sun-Times' Michael Sneeds's column this morning about the number of times U.S. Rep. Rahm Emanuel, Obama's White House Chief of Staff designate, is captured on tape by the feds talking to representatives of Gov. Rod Blagoyevich about the appointment of Obama's replacement in the Senate:

    Sneed hears rumbles President-elect Barack Obama's chief of staff, Rahm Emanuel, is reportedly on 21 different taped conversations by the feds -- dealing with his boss' vacant Senate seat!

    A lot of chit-chat?

    Hot air?

    Or trouble?

    • • To date: Rahm's been mum. Stay tuned.


    But, I can't find the article at the Chicago Sun-Times

  40. Bob,

    Looking at that face, is all I need to know:,michaelsneed.fullimage

  41. Obama's Education Secretary Proposed Gay High School


    Back to separate but equal?


    They talk about safety concerns, but this seems a little odd. Would the gays want it?

    And doesn't such an idea open up other groups to demanding their own schools?

  42. Can't get that to come up, Mat, for some reason. Get's me to the Sun-Times but with a blank blue screen.

  43. Try this:,CST-NWS-SNEED16.article

  44. Lee Boughey, senior manager of communication and public affairs for Tri-State Generation and Transmission, said his company has plans to build new upgrades to the electricity transportation system. Among the plans is a "backbone" transmission system that will parallel eastern Colorado north to south from Wray to Lamar, then west to near Pueblo.

    State legislator Cory Gardner said the state needs to consider nuclear energy production.

    "If we're serious about energy independence, we have to look at nuclear," he said.

    Generating Issues

  45. Bribes, scams cost Siemens $1.6 billion

    I wonder what's the cost for GM Ford and Chrysler.

  46. As if that wasn’t enough to send shivers down everyone’s spine, here are some more recent headlines that testify of the widespread dread everyone is feeling right now:

    * “Universities forced to tighten belts”

    * “Super-rich tighten purse strings on luxury goods”

    * “New York governor urges state spending cut”

    Bull Market?

  47. That Michael Sneed lady is an odd looking fellow.

  48. I don't know if this is right or not--

    seven said
    GUESS WHO The REALTOR that handled Rezo’s house, Obama’s house, and the strip of land Obama bought from Rezco was:

    None other than GOVERNOR Blegojevich’s WIFE!!!!!!!!

    The bank has the file and I suspect the bank may hold the mortgage.

  49. Not so fast, member Bill Black urged. The Danville Republican said he apparently didn't pack enough essentials for a possibly several days of hearings.

    Black told Democratic chairwoman Barbara Flynn Currie he had one pair of shoes, a single sport coat and not enough of what he called "other items I care not to get into."

    He asked for Wednesday's start time to be an hour later, giving him more time to make the trip home and back.

    About Briefs

  50. But I still believe the best economic stimulus would be a move to cut tax rates across-the-board for individuals and businesses. No matter how much money the Fed prints, or how many roads or mortgages Uncle Sam buys, none of it creates new incentives for private enterprise, risk-taking, and investment.

    To complement the Fed’s easy money, permanent tax cuts would increase the production and investment that would soak up the excess money and create non-inflationary growth. Alas, supply-side tax cuts are nowhere to be found right now.


  51. Our talking head fellow, not even getting into what the Fed is doing, printing money, without actually printing it.

    Gerard Baker of TimesOnline says that the
    Fed throws out the rulebook

  52. This comment has been removed by the author.

  53. This comment has been removed by the author.

  54. The Limbaugh thing is really funny, mat, especially when the "New Republic" leads with the Washingtonian phrasing, with regards to Chris Matthews.

    by Michael Schaffer

    Chris Matthews's shticky veneration of his home state may make him a senate candidate in Pennsylvania. But it really makes him--gasp!--a Washingtonian.

    The headliners of both Parties, not even "real" Party members, anymore. This from both Limbaugh and the New Republic, really funny stuff, now.