Graduation Lunacy - IBD - Investors.com
Some day, a Voltaire will emerge to satirize the Panglossian roster of speakers peppering U.S. university graduations in the era of the Tea Parties and multitrillion-dollar government debt, which ironically will end up dumped on the young people graduating from our schools of higher learning.
This year's speakers are big on extolling current orthodoxies instead of questioning them.
Inadvertently they reveal a lot about the state of universities, most of which are knee-deep in state funding, hostile to controlling costs and hothouses of political correctness."
Friday, May 21, 2010
Whatever Germany does, the euro as we know it is dead
Whatever Germany does, the euro as we know it is dead - Telegraph
"This is why the euro, in its current form, is finished.
The game is up for a monetary union that was meant to bolt together work-and-save citizens in northern Europe with the party animals of Club Med.
No amount of pit props from Berlin can save the euro Mk I from collapsing under the weight of its structural dysfunctionality.
You cannot run indefinitely a single currency with one interest rate for 16 economies, when there are such huge fiscal disparities"
"This is why the euro, in its current form, is finished.
The game is up for a monetary union that was meant to bolt together work-and-save citizens in northern Europe with the party animals of Club Med.
No amount of pit props from Berlin can save the euro Mk I from collapsing under the weight of its structural dysfunctionality.
You cannot run indefinitely a single currency with one interest rate for 16 economies, when there are such huge fiscal disparities"
U.N. Internet Tax Dead - For Now
FOXNews.com - U.N. Internet Tax Dead - For Now
"“This is a ‘Do Not Pass Go. Do Not Collect $200’ resolution,” said a U.S. participant at the Assembly.
“My guess is that it will take one or two years or possibly longer.”"
"“This is a ‘Do Not Pass Go. Do Not Collect $200’ resolution,” said a U.S. participant at the Assembly.
“My guess is that it will take one or two years or possibly longer.”"
Obama's Thugocracy
FOXNews.com - Obama's Thugocracy
"From the G.M. bondholders, to the Black Panthers at polling stations, to ACORN to the mobs showing up at the homes of private citizens, Obama is running a Hugo Chavez-style thugocracy."
"From the G.M. bondholders, to the Black Panthers at polling stations, to ACORN to the mobs showing up at the homes of private citizens, Obama is running a Hugo Chavez-style thugocracy."
Mayor addresses Muskegon Hts. PD case
Mayor addresses Muskegon Hts. PD case WOOD TV8
"'We just want people to know that we did call state police here for the investigation,' Mayor Darrell Paige said.
'We initiated it.
They've been down there now for about three weeks, maybe.
We don't know how long it's going to take and we're cooperating with them -- totally trying to get this done.'
Michigan State Police said Monday it will be a couple months before the prosecutor ever sees reports from the department's investigation into the Muskegon Heights Police Department."
"'We just want people to know that we did call state police here for the investigation,' Mayor Darrell Paige said.
'We initiated it.
They've been down there now for about three weeks, maybe.
We don't know how long it's going to take and we're cooperating with them -- totally trying to get this done.'
Michigan State Police said Monday it will be a couple months before the prosecutor ever sees reports from the department's investigation into the Muskegon Heights Police Department."
Myths about school employee 'concessions.'
"The data, however, fail to show any significant reduction in public school labor costs."
Hoekstra Is Only Above-Average GOP U.S. Rep. on 'Pro-Growth' Congressional Scorecard
Hoekstra Is Only Above-Average GOP U.S. Rep. on 'Pro-Growth' Congressional Scorecard [Mackinac Center]
"U.S. Rep. Pete Hoekstra, R-Holland, scored 85 percent.
His score is the best from Michigan and the only one to exceed the Republican national average."
"U.S. Rep. Pete Hoekstra, R-Holland, scored 85 percent.
His score is the best from Michigan and the only one to exceed the Republican national average."
Hangar42 Studios' Incentives Raise Questions [Mackinac Center]
Hangar42 Studios' Incentives Raise Questions [Mackinac Center]
"Increased scrutiny of such deals is especially appropriate in light of the recent approval of a $9.1 million Michigan Economic Growth Authority tax credit/subsidy deal involving Richard A. Short, a convicted embezzler who was on parole.
Short is facing parole violations and other embezzlement charges."
"Increased scrutiny of such deals is especially appropriate in light of the recent approval of a $9.1 million Michigan Economic Growth Authority tax credit/subsidy deal involving Richard A. Short, a convicted embezzler who was on parole.
Short is facing parole violations and other embezzlement charges."
Firefighters Lose. How Much Do They Make, Anyway?
"Pam Keller was the only city council member who did not have the guts to impose a %5 pay reduction on members of the Fullerton firefighter’s union after negotiations failed on Tuesday.
The union refused to accept a deal similar to those offered to all other Fullerton employees."
D.C. Metro Police Escorted SEIU Protesters to Bank Of America Executive’s Home
D.C. Metro Police Escorted SEIU Protesters to Bank Of America Executive’s Home - Big Journalism
"The primary role of the Washington cops in this event was to protect the protesters.
The D.C. officers had no authority to act to disperse the protesters even had the homeowner been present and asked them to vacate the private property.
The event ended as a “dash one”– no arrests, no citations –"
"The primary role of the Washington cops in this event was to protect the protesters.
The D.C. officers had no authority to act to disperse the protesters even had the homeowner been present and asked them to vacate the private property.
The event ended as a “dash one”– no arrests, no citations –"
Sikorsky X2 Helicopter Progressing Toward Record Speed
"Next week Sikorsky plans to finish the third phase of flight testing for its new X2 helicopter with a flight of 180 knots (207 miles per hour).
The X2 team has been slowly expanding the performance envelope of the technology demonstrator and says they expect to reach their goal speed of 250 knots (288 miles per hour) some time in the late summer or early fall.
The X2 uses a coaxial main rotor system, eliminating the need for the tail rotor that typically counters the torque of a single main rotor.
In place of a tail rotor, the X2 has a propeller at the back of the aircraft that generates thrust similar in a similar manner as a fixed-wing aircraft."
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