Sunday, August 14, 2011

What the Fed should do

The Fed has promised to keep interest rates at zero. Savings are not really savings when inflation is above zero. You're supposed to trust your money to the market. Of course the market is worth zero and the market should be regulated by the gaming commissions which protect gamblers from making any money.

Anyway, the Fed should raise raise interest rates so that savers could get 5 or 6 percent interest on savings. That won't happen until that rate of return won't do savers any good. Some of us remember when simple savings accounts paid 5 percent. That isn't enough to put anyone over the top, anyone who isn't already over the top, But it would give people an option to stay out of the market and cause a little grief to their brokers. That's a good thing.

Honest interest rates to savers would would really annoy a lot of people. It wouldn't annoy honest people, just bankers, brokers, traders and traitors. That's at least okay.

Friday, July 29, 2011

Time is not running out

Have no fear. Congress will come to our rescue and raise the debt ceiling. It won't do most Americans any good. More than likely, it will do harm. I'm sure the bankers will like it. They're just worried that some day they'll have to accept the losses from the half-crashed housing market. And from the next half yet to come. Really though, I have no doubt that Congress will cut Social Security and Medicare as much as necessary to keep them whole. Congress is very attentive to its' real constituents.

Friday, July 1, 2011

Real Reality TV

I spend a lot of time watching reality TV. It's called sports. I
happen to be a Gator fan. I hate to think of how much time I've spent
watching and listening to Gator sports of all sorts. Recently, the Gator
softball team reached the NCAA tournament finals. They may have choked.
But they did get burned. The Gator baseball team made the finals as
well. They certainly did choke. On the chickens from South Carolina, but
to be fair, they are a game little flock.The Lady Gator tennis team
didn't choke. Lauren Embree rallied from 4-0 in the final set to win the
National Championship. Tony McQuay, the Gator's sophomore 400 meter
runner, didn't choke either. He won the U.S national title and now moves
on to the World Championships. Congratulations. And Go Gators!

Wednesday, June 1, 2011

Hurricane season 2011

It's day one and Florida's already got something. However many we get, I predict that many storms will ramp up very quickly, as happened a couple of times last year. I'm not sure that history or averages will be of much help this season.

Saturday, May 21, 2011

Ignored catastophes

2 earthquakes struck NZ, no one paid any attention. A million homes got flooded out in Sri Lanka, I heard about it on Wundermap. I just wonder how news companies decide what gets covered, or brushed off.

Wednesday, April 20, 2011

Steroids

     Now that Barry Bonds has been convicted of obstruction of justice for not convicting himself of the unproven allegations, I think it is totally plausible that a Ken Griffey looking guy can turn into OptimusPrime late in his career. It doesn't matter. The real scandal is how overzealous enforcement crippled the use of drugs that served a real benefit. Wasting diseases, burns, and even AIDS patients could receive help from steroids, but because doctors were harassed and even jailed for over prescription, doctors were unwilling to use them. In the early days, I guess this was to prevent body builders from getting ripped, back around 'Ultimate Orange'. Then to protect the sanctity of home- run records and to protect young athletes from themselves. A noble thing I guess. You shouldn't add hormones to kids awash with them already. But athletes have always been better at doping than the testers at testing. One body builder published a list of stuff he took, not prescribed, and it was about 50 different substances. Hormones, stuff to counter the side effects, stuff to counter that stuffs side effects, stuff to mask all that stuff. And of course he still had to work like a dog. But anyway, these drugs afforded real benefits to some in need and were underutilized because it wasn't worth the hassle doctors would receive if they prescribed them.

     I do wonder how many homers Mantle could have hit if he'd been on the juice instead of the sauce.

Monday, April 11, 2011

3D makeovers

It's official. Star Wars is getting a 3D makeover. The movie that should
get it is "Temple of Doom".

I'm not a big musical fan. I do like Fred and Ginger quite a bit. Ginger
might look stupendous in 3D.