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Sunday Morning Music

Tweet of the day

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When You Really Look, Financial Quicksand Turns Into Oligarchical BS

Abby Huntsman's first rant about entitlements soliciting generational warfare got a lot of pushback from defenders. I reviewed the main points made in defense of entitlements, and then added “the most important point of all” as well. Abby made a second try, however, this time singling out Michael Hiltzik's reply to her to respond to and adding a few more points, while withdrawing a bit from her claim that life expectancy has changed very much for seniors since the New Deal period. Hiltzik took issue with that one too. Let's review Huntsman's reply to Hiltzik by analyzing the MSNBC transcript of her second rant against entitlements.

Abby Huntsman:

. . . the need for entitlement reform. there was a firestorm of reaction. an article in the " l.a. times" went as far as to say i want to lead my generation into poverty. come on, man. this isn't about me. it's about the major problem.

Read below the fold...
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Failures and disappointments open thread

Inspired by my most recent post, which got less notice and comment than anything I've written in a long time - even though I put quite a bit of work into it.

So what have you done recently that didn't work out as well as you'd hoped? No self-flagellation please; no sense in beating yourself up any more than you might already have. Read below the fold...

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MMT is going mainstream

Yesterday I got the other back tooth yanked!

So, two down, two to go! This was the molar below the cracked molar that I already had pulled, and I paid 5000 baht ($166) as opposed to 1500 baht ($50) to have it removed, because it wasn't a simple extraction.

These two teeth never did have a proper bite, and they were difficult to clean, so as the Thais said, they were "useless," only good for collecting particles of rotting food. The two back-most molars on the other side are just the same (though not cracked) so I'll get rid of them, too. I didn't do that on this visit because, basically, I didn't want a whole mouth full of blood and I wanted to be able to chew on one side. So I guess I will just have to come back. Awwww! Read below the fold...

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Saturday morning music

Apparently, this is real

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John Podesta's heroic battle against straw men and the politically marginalized

A White House adviser had some harsh words for the environmental movement last week, but seemed more interested in sidelining them than addressing their concerns.

Cross posted from Pruning Shears. Read below the fold...

‘Always Look on the Bright Side of War’ Part 1 of 2

I have spent the last week chewing on my fist, reading dozens of impassioned articles on alternative cyber media at the same time listening to contradictory and relentless government propaganda-laced (-saturated) mainstream media about the Ukraine situation.

I am trying to cope with my personal shock and awe. Read below the fold...

ObamaCare Clusterfuck: Will there be double-digit price increases in 2015, or will there be even crappier plans?

Insurance industry insider Bob Laszewski writes:

To properly price the exchange health insurance business going forward the carriers have to sharply increase the rates. A senior executive for Wellpoint, which sells plans in 14 Obamacare exchanges, is quoted in a Reuters article telling Wall Street analysts there will be big rate increases in 2015, "Looking at the rate increases on a year-over-year basis on our exchanges, and it will vary by carrier, but all of them will probably be double digits."

If the health plans do issue double digit rate increases for 2015, Obamacare is finished.

There are a ton of things that need to be fixed in Obamacare. But, I will suggest there is one thing that could save it.

Crapify the plans! Read below the fold...

ObamaCare Clusterfuck: Obama claims 6 million sign-ups, but as usual the numbers are soft

KHN:

The Congressional Budget Office originally estimated that 7 million people would sign up for the exchanges by the end of the enrollment period. After computer problems botched the Oct. 1 rollout, the CBO revised that estimate down to 6 million. Federal officials have said they do not yet know how many people who have enrolled have paid their first month’s premium. Insurance industry officials have reported that about 70 to 80 percent of enrollees have paid.

So, the lowballed 6 million figure is really 6,000,000 * 80% = 4,800,000. But KHN misses the key point! Read below the fold...

Occupation at the University of Southern Maine

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Duke Energy coal ash dump spill coats 70 miles of the Dan River in gray sludge.

An ugly story from North Carolina:

The nation's largest electricity company has been under intense scrutiny since a massive February 2 spill at a coal ash dump in Eden coated 70 miles of the Dan River in gray sludge. The ash, which is a byproduct left after coal is burned to generate electricity, contains toxic chemicals including arsenic, lead and mercury.

Read below the fold...
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IMF sponsored class war

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