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Did anyone catch the big numbers on the defeat of the Alabama referendum to increase taxes mainly on the "rich"?
Did anyone catch the big numbers on the defeat of the Alabama referendum to increase taxes mainly on the "rich"?
Please report back with reactions to mass reductions in programs. From what I hear, the choices may come down to closing the schools or the prisons. Since this is Alabama, I'm assuming the schools are toast ... except for the Crimson Tide football program. That's safe.Originally Posted by monoghan
Marx: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
Lennon: You either get tired fighting for peace, or you die.
Please report back with reactions to mass reductions in programs. From what I hear, the choices may come down to closing the schools or the prisons. Since this is Alabama, I'm assuming the schools are toast ... except for the Crimson Tide football program. That's safe.
Marx: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
Lennon: You either get tired fighting for peace, or you die.
While it a bit tough getting beyond the rabid display of your personal bigotry, I will nevertheless try:Please report back with reactions to mass reductions in programs. From what I hear, the choices may come down to closing the schools or the prisons. Since this is Alabama, I'm assuming the schools are toast ... except for the Crimson Tide football program. That's safe.
If the good State of Alabama's budget is anything like ours in Ohio, would a few less entitlements (here, at nearly 40% Medicaid dwarfs all other budget busters, including education by almost ten percent!) be considered game toward balancing income and outgo, Mr. Horn?
p.s. Btw, without Ohio State football, there would be a lot fewer Title Nine sports programs at that university. The football program supports them all and most all intermural sports programs as well.
While it a bit tough getting beyond the rabid display of your personal bigotry, I will nevertheless try:Please report back with reactions to mass reductions in programs. From what I hear, the choices may come down to closing the schools or the prisons. Since this is Alabama, I'm assuming the schools are toast ... except for the Crimson Tide football program. That's safe.
If the good State of Alabama's budget is anything like ours in Ohio, would a few less entitlements (here, at nearly 40% Medicaid dwarfs all other budget busters, including education by almost ten percent!) be considered game toward balancing income and outgo, Mr. Horn?
p.s. Btw, without Ohio State football, there would be a lot fewer Title Nine sports programs at that university. The football program supports them all and most all intermural sports programs as well.
Here's a look at the Alabama state general funds and school budgets as proposed by governor Riley.While it a bit tough getting beyond the rabid display of your personal bigotry, I will nevertheless try:Please report back with reactions to mass reductions in programs. From what I hear, the choices may come down to closing the schools or the prisons. Since this is Alabama, I'm assuming the schools are toast ... except for the Crimson Tide football program. That's safe.
If the good State of Alabama's budget is anything like ours in Ohio, would a few less entitlements (here, at nearly 40% Medicaid dwarfs all other budget busters, including education by almost ten percent!) be considered game toward balancing income and outgo, Mr. Horn?
p.s. Btw, without Ohio State football, there would be a lot fewer Title Nine sports programs at that university. The football program supports them all and most all intermural sports programs as well.
Draw your own conclusions.
Oh ... on the wonderful sports program at Ohio State, how much does it support the main function of the school: education?
Marx: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
Lennon: You either get tired fighting for peace, or you die.
Here's a look at the Alabama state general funds and school budgets as proposed by governor Riley.While it a bit tough getting beyond the rabid display of your personal bigotry, I will nevertheless try:Please report back with reactions to mass reductions in programs. From what I hear, the choices may come down to closing the schools or the prisons. Since this is Alabama, I'm assuming the schools are toast ... except for the Crimson Tide football program. That's safe.
If the good State of Alabama's budget is anything like ours in Ohio, would a few less entitlements (here, at nearly 40% Medicaid dwarfs all other budget busters, including education by almost ten percent!) be considered game toward balancing income and outgo, Mr. Horn?
p.s. Btw, without Ohio State football, there would be a lot fewer Title Nine sports programs at that university. The football program supports them all and most all intermural sports programs as well.
Draw your own conclusions.
Oh ... on the wonderful sports program at Ohio State, how much does it support the main function of the school: education?
Marx: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
Lennon: You either get tired fighting for peace, or you die.
I've heard that a dourpuss, like misery, loves company. You and Mr. Saari ought to get together sometime. You could bitch, moan, and compare your whiney notes together.
I've heard that a dourpuss, like misery, loves company. You and Mr. Saari ought to get together sometime. You could bitch, moan, and compare your whiney notes together.
It could but it doesn't. A point to raise with the president of my alma mater, when I respond to the latest fundraising letter. ("Just how much of the money raised by prostituting the university's good name to <sneaker company> actually makes it out of intercollegiate athletics?")
"My generation, we were the generation that was going to change the world: somehow we were going to make it a little less lonely, a little less hungry, a little more just place. But it seems that when that promise slipped through our hands we didnīt replace it with nothing but lost faith."
Bruce Springsteen, 1987
http://brucebase.wikispaces.com/1987...+YORK+CITY,+NY
It could but it doesn't. A point to raise with the president of my alma mater, when I respond to the latest fundraising letter. ("Just how much of the money raised by prostituting the university's good name to <sneaker company> actually makes it out of intercollegiate athletics?")
"My generation, we were the generation that was going to change the world: somehow we were going to make it a little less lonely, a little less hungry, a little more just place. But it seems that when that promise slipped through our hands we didnīt replace it with nothing but lost faith."
Bruce Springsteen, 1987
http://brucebase.wikispaces.com/1987...+YORK+CITY,+NY
'Tragic Towns'
By Louis Adamic
Lawrence, Massachusetts
Circa 1932I saw men standing on the sidewalks clapping their hands in a queer way, obviously just to be doing something. I saw men talking to themselves, walking around, stopping, looking into shop windows, walking again.
- "Liberal Eras are strongly associated with second and fourth turnings, not third turnings. If you believe that we're in a Liberal Era, then you might just have to give up on the notion that we be 3T." -- Vince Lamb '59
For several minutes I watched an elderly man who stood on a deserted corner near the enormous and idle Everett Mills in the posture of an undotted question mark.
He did not see me.
Every now and then he swung his arms, not because it was cold, but no doubt because he wanted activity other than walking around, which he probably had been doing for years in a vain effort to get a job. He mumbled to himself. Then, suddenly, he stepped off the curb and picked up a long piece of string from a pile of rubbish, and his big, work-eager hands began to work with it, tying and untying feverishly. He worked with the string for several minutes.
Then he looked around and, seeing me, dropped the string, his haggard, hollow face coloring a little, as though from a sense of guilt or intense embarrassment. He was shaken and confused and stood there for several seconds, looking down at the rubbish heap, then up at me. His hands finally dropped to his sides.
Then his arms swung in a sort of idle reflex motion and he turned, hesitated a while as if he did not know where to go and finally shuffled off, flapping his arms. I noticed that his overcoat was split in the back and that his heels were worn off completely.
New York's New Beggars
By PHILIP RECCHIA
New York Post
September 14, 2003They have cell phones. They've got e-mail. They shop free at Old Navy, McDonald's and Virgin record stores. They have free access to acupuncture treatments, yoga classes and massage therapy.
- "Maybe now you'll believe Mike Alexander when he says we're entering a Liberal Era..." -- Vince Lamb '59
Welcome to the coddled lifestyles of New York's new "homeless" - young kids who, besides getting pampered by charities, rake in hundreds of dollars a week begging on the street.
Cell-phone toting Dawn, who like most interviewed for this story did not wish her full name revealed, is one of their number, and she's staked out a corner at Fifth Avenue and 14th Street as her begging spot.
A sign at her feet reads, "Hungry, broke and miserable . . . All I want is a warm, safe place to stay until I . . . get back home . . . or back on my feet here."
Dawn told The Post she averages $40 a day panhandling - what the new homeless called "spanging."
NETWORKING: Homeless "Tom," 20, chats
on his cell phone with a friend in
Philadelphia, another city with ample
squat opportunities.
Read more...
Posted for discussion purposes only.
- "Maybe now you'll believe Mike Alexander when he says we're entering a Liberal Era..." -- Vince Lamb '59
Yeah, I believe you're right. :wink:
I just saw this headline at Drudge:
RIOTS FEAR OVER TAXES IN ENGLAND // A rebellion over council tax rises is gathering such a powerful force across the country that a police authority has warned the Government to prepare for civil unrest... Developing...Yep, becoming more clear ever day. :wink:
- "Liberal Eras are strongly associated with second and fourth turnings, not third turnings. Maybe now you'll believe Mike Alexander when he says we're entering a Liberal Era..." -- Vince Lamb '59
Run riot
Perhaps, Mr. Lamb remembers such riot when Baroness Thatcher's late government wished to have a "Poll Tax" introduced. The Torys did her in soon after and replaced her with the child of circus entertainers. :wink: :wink: :wink:
???????????
There's a rumor floating around this morning that Big Al has had a mild heart attack. I can't find any confirmation however. Anybody hear anything?
Free Money
Everybody is all aflutter about Big Al and the Boyz raising rates by a lousy quarter point. Don't worry about it, money is still free. The rate of inflation is at least 3% (if you believe the government) and the funds rate is 1.25% so the real interest rate is something like NEGATIVE 1.75%. Al is still giving away money. Go get some today!
Re: Free Money
If this is the beginning of a whole series of rate hikes, then this is the beginning of the end. This economy is based on ever expanding credit creation. Without it, the house of cards will fall.
Americans have had enough of glitz and roar . . Foreboding has deepened, and spiritual currents have darkened . . .
THE FOURTH TURNING IS AT HAND.
See T4T, p. 253.
Re: Free Money
Dear Sean,
Right you are.
From
http://www.pimco.com/LeftNav/Late+Br...04/IO_5_04.htm
John
You guys are giving me the willies. What you are talking about has more to do homeland security than the Homeland Security Act.
Hold on to your lily pad, R.E. Between this stuff, Al Qaeda, Iraq, Operation Summer Pulse, and "Cod"-knows-what-else, thinks are lookin' dicey. I gotta get off my @ss and convert some of my savings into gold, soon.
Americans have had enough of glitz and roar . . Foreboding has deepened, and spiritual currents have darkened . . .
THE FOURTH TURNING IS AT HAND.
See T4T, p. 253.
We are in the middle of S & H's estimate for the time of the Great Devaluation.
Re: Free Money
I wrote my June commentary on this article by Bill Gross. I applied the cycles to look at what they have to say about these developments.Dear Sean,
Right you are.
From
http://www.pimco.com/LeftNav/Late+Br...04/IO_5_04.htm
John
The synthesis I came up with is today is financially like WW II where the US is playing the economic role role of the Axis powers and the Asian countries are playing the role of the US. Today Asian workers are creating goods and shipping them to the United States for dollars that can never be redeemed into anything of value. During WW II, American workers created goods and shipped them off to Europe and the Pacific where they were expended on the Axis. Nothing of economic value was received in return.
The result of this American largesse was three decades of unparalleled prosperity for America. I suspect the result of today's Asian largesse will be the same for the Asian nations involved. This explains why the Asians might be willing to keep giving us stuff for nothing for quite a long time.
What this means is as Greenspan hikes short term rates, long-term rates will not climb in tandem. Foreigners will continue to buy huge quantities of US government debt. The dollar will not collapse, nor will stagflation appear. The US economy will not founder and the stock market will go up by >50% in the next 3-4 years.
