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In The News – Tuesday, November 3rd, 2014 Edition
Posted Nov 04 2014 6:30AM
  • Election Today. Get out and vote or you have no excuse to complain about what happens. And make no mistake, this is a referendum on the policies of the last six years and whether you think government is too intrusive in every aspect of our lives or whether you are in favor of a growing bureaucracy that makes law by fiat.

  • Good thing they kicked Proctor and Gamble out. Venezuela continues to fight the forces of rational economics in an effort to make sure the Grinch doesn’t steal Christmas. They’ve run out of other people’s money in what was a foregone conclusion.

  • One of the great convicted felons characters in American politics is trying for a comeback, Edwin Edwards of Louisiana. Two of the best lines ever from a politician came from Gov. Edwards. He made the statement in one election that the only way he could lose was if he was caught in bed with either a dead girl or a live boy. When asked what voters were to do given a choice between him and the head of the Ku Klux Klan, David Duke, he replied, “Hold your nose and vote for me.” He’s a classic!

  • Here is the Science Advisor to the President. Make up your own mind. A few of John Holdren’s prognostications:

  • “Some form of ecocatastrophe, if not thermonuclear war, seems almost certain to overtake us before the end of the [twentieth] century.” – John Holdren and Paul Ehrlich(1971)

  • “As University of California physicist John Holdren has said, it is possible that carbon-dioxide climate-induced famines could kill as many as a billion people before the year 2020.” (As quoted by Ehrlich, 1986.)

  • “[Our] “gloomy prognosis” [requires] organized evasive action: population control, limitation of material consumption, redistribution of wealth, transitions to technologies that are environmentally and socially less disruptive than today’s, and movement toward some kind of world government” (Ehrlich and Holdren, 1977.)

     We’re in the best of hands, aren’t we?

  • This guy will be one of the nominees for this year’s Darwin Awards. There are idiots and then there are those who are just in a class by themselves.

  • Might want to get ready for a little pause or pullback. One of my favorite contrary bellwethers has done a mea culpa. I do love Dennis’ line, albeit slightly overused, "I want to own the things that if I drop them on my foot, will hurt. I want to own metals, I want to own railroads, I want to own ships," he said, naming aluminum stocks – such as aluminum producer Alcoa – as a particular favorite.

  • Homebuilders are still struggling to find those first time buyers as more and more opt to rent due to tight credit and low inventory.

  • Well, we haven’t heard from Al Gore (whose carbon imprint is the size of Bigfoot) in a while. In a last minute fund raising plea, he says a Democratic victory in the midterm would save the planet. Damn! Maybe I ought to re-think this thing. Not.

  • Chile has been a poster child for economic growth in South America since the 1980’s. A Socialist President, Michelle Bachelet, is jeopardizing that. Hopefully, they’ll get back on track. Forced re-distribution of wealth is designed to help hold on to political power, not help the nation. It appears the public may have figured that out as she is reportedly “rapidly losing support from the public.”

  • I’ve argued all along that we should be supporting the Kurds with everything we have. What idiot has been running this show?

  • Somehow this study just doesn’t surprise me at all. It turns out the Media, Entertainment and Academic sectors are overwhelmingly liberal. Who would have thought it?