Tuesday, July 11, 2017
History for July 11
History for July 11 - On-This-Day.com
John Quincy Adams 1767 - Sixth President of the United States, John Wanamaker 1838, E.B. White 1899
Yul Brynner 1915, Tab Hunter 1931 - Actor, Giorgio Armani 1934
1533 - Henry VIII, who divorced his wife and became head of the church of England, was excommunicated from the Catholic Church by Pope Clement VII.
1786 - Morocco agreed to stop attacking American ships in the Mediterranean for a payment of $10,000.
1798 - The U.S. Marine Corps was formally re-established by "An Act for Establishing a Marine Corps" passed by the U.S. Congress. The act also created the U.S. Marine Band. The Marines were first commissioned by the Continental Congress on November 10, 1775.
1804 - The United States' first secretary of the treasury, Alexander Hamilton, was killed by Vice President Aaron Burr in a duel.
1914 - Babe Ruth debuted in the major leagues with the Boston Red Sox.
1972 - U.S. forces broke the 95-day siege at An Loc in Vietnam.
1979 - The abandoned U.S. space station Skylab returned to Earth. It burned up in the atmosphere and showered debris over the Indian Ocean and Australia.
1999 - A U.S. Air Force jet flew over the Antarctic and dropped off emergency medical supplies for Dr. Jerri Nelson after she had discovered a lump in her breast. Nelso was at the Amundsen-Scott South Pole Research Center.
Monday, July 10, 2017
British Author: Europe Is Paying the Price for Merkel's 'Migrant Madness' | Fox News Insider
British Author: Europe Is Paying the Price for Merkel's 'Migrant Madness' | Fox News Insider:"British author Douglas Murray wrote a recent piece in The Sun, arguing that Europe is paying the price for German Chancellor Angela Merkel’s "migrant madness."
He said that the intensifying refugee crisis has become the "new normal," and it's driving the European Union apart."
Officer wounded in deadly ambush sues Black Lives Matter - Washington Times
Officer wounded in deadly ambush sues Black Lives Matter - Washington Times:
"A federal lawsuit accuses Black Lives Matter and several movement leaders of inciting violence that led to a gunman’s deadly ambush of law enforcement officers in Baton Rouge last summer.
DeRay Mckesson and four other Black Lives Matter leaders are named as defendants in the suit filed Friday on behalf of one of the officers wounded in the July 17 attack by a black military veteran, who killed three other officers before he was shot dead."
DeRay Mckesson and four other Black Lives Matter leaders are named as defendants in the suit filed Friday on behalf of one of the officers wounded in the July 17 attack by a black military veteran, who killed three other officers before he was shot dead."
Study: Tesla car battery production releases as much CO2 as 8 years of driving on gas | Principia Scientific International
"Enormous hopes are linked to electric cars as the solution to the automotive industry’s climate problems.
However, electric car batteries are eco-villains during their manufacturing.
Several tons of carbon dioxide (CO2) are generated even before the batteries leave the factory.
IVL The Swedish Environment Institute has, on behalf of the Swedish Transport Administration and the Swedish Energy Agency, investigated the climate impact of lithium-ion batteries from a life-cycle perspective.
The batteries for electric cars were included in the study.
The two authors—Lisbeth Dahllöf and Mia Romare—have done a meta-study, that is, reviewed and compiled existing studies.
The report shows that battery manufacturing leads to high emissions.
...Even before you buy the car, CO2 emissions equivalent to 5.3 tons and 17.5 tons, respectively, gets produced.
...By way of comparison, a trip for a person returning from Stockholm to New York by air emits more than 600 kilograms of CO2, according to the UN organization ICAO’s calculation model.
Another conclusion of the study is that about half the emissions come from producing the raw materials and the other half from the battery factory.
The mining accounts for only a small proportion of between 10-20 percent..."
Cash for Clunkers Was a Complete Failure - Foundation for Economic Education - Working for a free and prosperous world
Cash for Clunkers Was a Complete Failure - Foundation for Economic Education - Working for a free and prosperous world:
"Keynesian economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out policies that result in more income....
"Keynesian economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out policies that result in more income....
The Impact of Cash for Clunkers
Three economists (from MIT and Tex A&M) have crunched the numbers and discovered that Obama’s Cash-for-Clunkers scheme back in 2009 was a failure even by Keynesian standards.
The abstract of the study tells you everything you need to know.
The abstract of the study tells you everything you need to know.
The 2009 Cash for Clunkers program aimed to stimulate consumer spending in the new automobile industry, which was experiencing disproportionate reductions in demand and employment during the Great Recession. Exploiting program eligibility criteria in a regression discontinuity design, we show nearly 60 percent of the subsidies went to households who would have purchased during the two-month program anyway; the rest accelerated sales by no more than eight months. Moreover, the program’s fuel efficiency restrictions shifted purchases toward vehicles that cost on average $5,000 less. On net, Cash for Clunkers significantly reduced total new vehicle spending over the ten month period.
This is remarkable.
At the time, the most obvious criticism of the scheme was that it would simply alter the timing of purchases.
And scholars the following year confirmed that the program didn’t have any long-run impact.
But now we find out that there was impact, but it was negative.
Here’s the most relevant graph from the study.
It shows actual vehicle spending and estimated spending in the absence of the program.
At the time, the most obvious criticism of the scheme was that it would simply alter the timing of purchases.
And scholars the following year confirmed that the program didn’t have any long-run impact.
But now we find out that there was impact, but it was negative.
Here’s the most relevant graph from the study.
It shows actual vehicle spending and estimated spending in the absence of the program.
Bad Policy
For readers who like wonky details, here’s the explanatory text for Figure 7 from the study..."
Read on!
Read on!
Former NSC Senior Director: ‘Coordinated Attack’ on President Trump by Media, Obama Loyalists - Breitbart
"A former senior director of the National Security Council under President George W. Bush said on Thursday that the liberal media and Obama loyalists inside and outside of the federal government had executed a “coordinated attack” on President Donald Trump since he was elected."
Men and Republicans Are the Best Tippers - Bloomberg
Men and Republicans Are the Best Tippers - Bloomberg:
"Hoping to get a good tip?
Seek out the table with the most conservative men from New England.
A new survey finds men, Republicans, and residents of the northeast are the best tippers.
Women tip a median of 16 percent, while Democrats and southerners leave a median 15 percent at a restaurant, according to a new survey of more than 1,000 American adults conducted by Princeton Survey Research Associates International on behalf of CreditCards.com.
That's compared with the median 20 percent that men, Republicans, and northeasterners leave.
Those who pay with plastic leave a median 20 percent, compared with 15 percent for those who pay in cash.
Though roughly half of people tip between 16 percent and 20 percent, about a fifth of restaurant goers polled admitted to stiffing the wait staff at least occasionally.
“I was definitely surprised by how many people tip over 15 percent, but I was also surprised by how many people never tip at all at a restaurant,” Matt Schulz, CreditCards.com’s senior industry analyst, said in a statement..."
"Hoping to get a good tip?
Seek out the table with the most conservative men from New England.
A new survey finds men, Republicans, and residents of the northeast are the best tippers.
Women tip a median of 16 percent, while Democrats and southerners leave a median 15 percent at a restaurant, according to a new survey of more than 1,000 American adults conducted by Princeton Survey Research Associates International on behalf of CreditCards.com.That's compared with the median 20 percent that men, Republicans, and northeasterners leave.
Those who pay with plastic leave a median 20 percent, compared with 15 percent for those who pay in cash.
Though roughly half of people tip between 16 percent and 20 percent, about a fifth of restaurant goers polled admitted to stiffing the wait staff at least occasionally.
“I was definitely surprised by how many people tip over 15 percent, but I was also surprised by how many people never tip at all at a restaurant,” Matt Schulz, CreditCards.com’s senior industry analyst, said in a statement..."
WHY PEOPLE HATE THE MEDIA, CHAPTER MDCXIII
Instapundit » Blog Archive » WHY PEOPLE HATE THE MEDIA, CHAPTER MDCXIII: “The Washington Post built an entire story around this…:
"WHY PEOPLE HATE THE MEDIA, CHAPTER MDCXIII: “The Washington Post built an entire story around this — a story that blames right-wing talk radio for a left-wing crackpot opening fire on a baseball field full of Republicans, because they are Republicans.
Let that sink in: the Washington Post blames right-wing talk radio for a left-winger’s assassination attempt on Republican politicians…
These people are so lost in their anti-conservative bigotry that they can’t tell up from down or right from wrong.”
As Michael Dougherty of National Review tweets in response to the Post’s fiction, “Alexandria as the new Dallas. So filled with right wing hate it makes socialists kill.”
Hey, that strategy worked remarkably well as a deflection point for the left in 1963; less so in 2011 – but hey, might as well break out the old playbook one more time, huh?"
"WHY PEOPLE HATE THE MEDIA, CHAPTER MDCXIII: “The Washington Post built an entire story around this — a story that blames right-wing talk radio for a left-wing crackpot opening fire on a baseball field full of Republicans, because they are Republicans.
Let that sink in: the Washington Post blames right-wing talk radio for a left-winger’s assassination attempt on Republican politicians…
These people are so lost in their anti-conservative bigotry that they can’t tell up from down or right from wrong.”As Michael Dougherty of National Review tweets in response to the Post’s fiction, “Alexandria as the new Dallas. So filled with right wing hate it makes socialists kill.”
Hey, that strategy worked remarkably well as a deflection point for the left in 1963; less so in 2011 – but hey, might as well break out the old playbook one more time, huh?"
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