Remember how Obama said the recession is over? Um... well... NOPE. This is from Bloomberg and headlines Drudge currently:
July 31 (Bloomberg) -- The first 12 months of the U.S. recession saw the economy shrink more than twice as much as previously estimated, reflecting even bigger declines in consumer spending and housing, revised figures showed.
The world’s largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, compared with the 0.8 percent drop previously on the books, the Commerce Department said today in Washington.
“The current downturn beginning in 2008 is more pronounced,” Steven Landefeld, director of the Commerce Department’s Bureau of Economic Analysis, said in a press briefing this week. The revisions were in line with past experience in which initial figures tended to underestimate the severity of contractions during their early stages, he said.
The updated statistics also showed that Americans earned more over the last 10 years and socked away a larger share of that cash in savings. The report signals the process of repairing tattered balance sheets following the biggest drop in household wealth on record may be further along than anticipated.
The Commerce Department also reported today that the economy contracted at a 1 percent annual rate from April through June after shrinking at a 6.4 percent pace in the first quarter, the most since 1982. The decline in the first three months of the year was previously reported as 5.5 percent.
The National Bureau of Economic Research, the accepted arbiter of U.S. business cycles, last year determined the recession started in December 2007. The private group is based in Cambridge, Massachusetts,
Today’s updates are part of comprehensive revisions that take place about every five years and are more extensive than the changes announced at this time each year. Figures as far back as 1929 can be revised.
Over the most recent period, the third quarter of 2008 underwent one of the biggest changes, going from a 0.5 percent decrease in gross domestic product to a 2.7 percent drop. The new reading better illustrates the effect the September collapse of Lehman Brothers Holdings Inc. had on the economy and credit markets.
The deeper deterioration last year underscores why Federal Reserve Chairman Ben S. Bernanke and his colleagues at the central bank cut the benchmark rate to a record low and extended credit to non-banks for the first time since the 1930s.
The new GDP data also help explain why the unemployment rate shot up 2.3 percentage points last year, the biggest annual jump since 1982.
What a great time to be job searching. Thank God I'm still a college student.
Friday, July 31, 2009
Tuesday, July 21, 2009
Nazi's in the White House
Let me be clear, I almost never, ever, use the term nazi in describing my political opponents but then again what else can you call this indivdual? Doing my daily scannign of Drudge I found this lovely Fox News article about how thenew Science Czar advocated radical measures to curb population growth in a college texbook he co-authored back in 1977 here is an excerpt from the story...
The 1,000-page course book, which was co-written with environmental activists Paul and Anne Ehrlich, discusses and in one passage seems to advocate totalitarian measures to curb population growth, which it says could cause an environmental catastrophe. The three authors summarize their guiding principle in a single sentence: "To provide a high quality of life for all, there must be fewer people."
As first reported by FrontPage Magazine, Holdren and his co-authors spend a portion of the book discussing possible government programs that could be used to lower birth rates. Those plans include forcing single women to abort their babies or put them up for adoption; implanting sterilizing capsules in people when they reach puberty; and spiking water reserves and staple foods with a chemical that would make people sterile.
Wait it gets better (or worse depending on your world view)
To help achieve those goals, they formulate a "world government scheme" they call the Planetary Regime, which would administer the world's resources and human growth, and they discuss the development of an "armed international organization, a global analogue of a police force" to which nations would surrender part of their sovereignty.
Here's the lame-ass rebuttal:
Holdren's office issued a statement to FOXNews.com denying that the ecologist has ever backed any of the measures discussed in his book, and suggested reading more recent works authored solely by Holdren for a view to his beliefs.
"Dr. Holdren has stated flatly that he does not now support and has never supported compulsory abortions, compulsory sterilization, or other coercive approaches to limiting population growth," the statement said.
"Straining to conclude otherwise from passages treating controversies of the day in a three-author, 30-year-old textbook is a mistake."
And the actual wording from his 32 year old textbook
But the textbook itself appears to contradict that claim.
Holdren and the Ehrlichs offer ideas for "coercive," "involuntary fertility control," including "a program of sterilizing women after their second or third child," which doctors would be expected to do right after a woman gives birth.
"Unfortunately," they write, "such a program therefore is not practical for most less developed countries," where doctors are not often present when a woman is in labor.
While Holdren and his co-authors don't openly endorse such measures on other topics, in this case they announce their disappointment -- "unfortunately" -- that women in the third world cannot be sterilized against their will, a procedure the International Criminal Court considers a crime against humanity.
There are also links provided in the article (thanks fox)
Passage onsterilizing women
Full section on "Involuntary Fertility Control"
I will try and get ahold of this book, but I have a strange feeling that it will become very hard to find if not impossible now that this creepy nazi has been exposed. Because this is a Nazi idea is it not? 10 bucks says not one other major news outlet picks this up.
The 1,000-page course book, which was co-written with environmental activists Paul and Anne Ehrlich, discusses and in one passage seems to advocate totalitarian measures to curb population growth, which it says could cause an environmental catastrophe. The three authors summarize their guiding principle in a single sentence: "To provide a high quality of life for all, there must be fewer people."
As first reported by FrontPage Magazine, Holdren and his co-authors spend a portion of the book discussing possible government programs that could be used to lower birth rates. Those plans include forcing single women to abort their babies or put them up for adoption; implanting sterilizing capsules in people when they reach puberty; and spiking water reserves and staple foods with a chemical that would make people sterile.
Wait it gets better (or worse depending on your world view)
To help achieve those goals, they formulate a "world government scheme" they call the Planetary Regime, which would administer the world's resources and human growth, and they discuss the development of an "armed international organization, a global analogue of a police force" to which nations would surrender part of their sovereignty.
Here's the lame-ass rebuttal:
Holdren's office issued a statement to FOXNews.com denying that the ecologist has ever backed any of the measures discussed in his book, and suggested reading more recent works authored solely by Holdren for a view to his beliefs.
"Dr. Holdren has stated flatly that he does not now support and has never supported compulsory abortions, compulsory sterilization, or other coercive approaches to limiting population growth," the statement said.
"Straining to conclude otherwise from passages treating controversies of the day in a three-author, 30-year-old textbook is a mistake."
And the actual wording from his 32 year old textbook
But the textbook itself appears to contradict that claim.
Holdren and the Ehrlichs offer ideas for "coercive," "involuntary fertility control," including "a program of sterilizing women after their second or third child," which doctors would be expected to do right after a woman gives birth.
"Unfortunately," they write, "such a program therefore is not practical for most less developed countries," where doctors are not often present when a woman is in labor.
While Holdren and his co-authors don't openly endorse such measures on other topics, in this case they announce their disappointment -- "unfortunately" -- that women in the third world cannot be sterilized against their will, a procedure the International Criminal Court considers a crime against humanity.
There are also links provided in the article (thanks fox)
Passage onsterilizing women
Full section on "Involuntary Fertility Control"
I will try and get ahold of this book, but I have a strange feeling that it will become very hard to find if not impossible now that this creepy nazi has been exposed. Because this is a Nazi idea is it not? 10 bucks says not one other major news outlet picks this up.
Friday, July 17, 2009
Failblog/FML friday...
It's been nearly a month so I'm doin this again. We need some humor...
Now some FML
Today, I wanted to change out of my bikini for the ride home from the beach. There wasn't a bathroom near, so I went to change in front of a suburban, parked far away from all the people. I took off my suit, hear the car's horn honk, only to find that the car was completely packed with old men. FML
Today, my mother called me downstairs to give me what I assumed was going to be "The Talk" (About four years too late). So she sits me down, holds my hands, and with the gentlest, most motherly expression on her face tells me, "Honey, if you ever come home pregnant, I'll kill you and the baby." FML
Today, I told my morbidly obese teacher that he had mustard on his chin. He tried to wipe it off and I said without thinking "No, your other chin." FML
Today, my mom made me clean. I was dusting in the living room and heard gunshots outside the apartment. I dove on the floor and started crying and screaming. My mom walked in and informed me that the sound was her making popcorn. FML
Today, I was babysitting, I had put the kids to bed, and I was in the kitchen raiding the fridge when I hear the front door open. There I am in front of the fridge holding a bottle of wine to get to the whipped cream in the back of the fridge. Now my neighbors think I'm an alcoholic. FML
Today, I texted the hottest girl in the school saying, "I really like you, we should date". She responded with a text saying, "Sorry, I'm not into you." I then got a text saying, "Sorry, my brother stole my phone, and answered, but still it's no". I got rejected twice. Once by a man. FML
Today, I was on top of my boyfriend having sex and I was looking away doing my thing. When I looked back, my boyfriend had headphones on and was playing air drums. FML
Today, I sang my signature tune at a karaoke bar - What A Wonderful World - and I thought I sounded my best yet. After my performance, I went outside to get some air. Then, I got assaulted in the parking lot and ended up going to the hospital. What a wonderful world indeed. FML
Now some FML
Today, I wanted to change out of my bikini for the ride home from the beach. There wasn't a bathroom near, so I went to change in front of a suburban, parked far away from all the people. I took off my suit, hear the car's horn honk, only to find that the car was completely packed with old men. FML
Today, my mother called me downstairs to give me what I assumed was going to be "The Talk" (About four years too late). So she sits me down, holds my hands, and with the gentlest, most motherly expression on her face tells me, "Honey, if you ever come home pregnant, I'll kill you and the baby." FML
Today, I told my morbidly obese teacher that he had mustard on his chin. He tried to wipe it off and I said without thinking "No, your other chin." FML
Today, my mom made me clean. I was dusting in the living room and heard gunshots outside the apartment. I dove on the floor and started crying and screaming. My mom walked in and informed me that the sound was her making popcorn. FML
Today, I was babysitting, I had put the kids to bed, and I was in the kitchen raiding the fridge when I hear the front door open. There I am in front of the fridge holding a bottle of wine to get to the whipped cream in the back of the fridge. Now my neighbors think I'm an alcoholic. FML
Today, I texted the hottest girl in the school saying, "I really like you, we should date". She responded with a text saying, "Sorry, I'm not into you." I then got a text saying, "Sorry, my brother stole my phone, and answered, but still it's no". I got rejected twice. Once by a man. FML
Today, I was on top of my boyfriend having sex and I was looking away doing my thing. When I looked back, my boyfriend had headphones on and was playing air drums. FML
Today, I sang my signature tune at a karaoke bar - What A Wonderful World - and I thought I sounded my best yet. After my performance, I went outside to get some air. Then, I got assaulted in the parking lot and ended up going to the hospital. What a wonderful world indeed. FML
Thursday, July 16, 2009
Senator Boxer puts foot in mouth...
Ouch, sorry about lack of updates but she gets massively owned by this gentlemen who apparently she sees as a black tool. I'll be stunned if she gets re-elected after this.
Tuesday, July 07, 2009
The Sims 3, game review
Ok this is the start of a weekly (maybe bi-weekly) segment of video game reviews. This is probably one of the funniest guys on the net although I have to warn you, if your not a gamer you probably won't get 95% of what he says.
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