SeniorJunior

[As perhaps you can tell, I don't vent about the Iraq war very often, but this just steamed me up to venting pressure.] With the inevitable stay-the-course message coming in the "General Petraeus" (NOT!) September report, we should all ingest and digest this news : Dang! With over two million Iraqis already displaced by the war, the "Surge" is making things worser faster . And there's all the news about the inability of the current Iraq government to ever heal the sectarian hatred... Well, just add a bunch of salt to the coming news of "progress."

Heartfelt letter: Representative Heather Wilson U.S. Congress, House of Representatives Washington, DC Dear Rep. Wilson This is from the Wall Street Journal 9.14.07. I hope you are one of the lawmakers working on this. We have to close all the loopholes in paying taxes, for the good of the country. • The Situation: U.S. lawmakers are examining a tax perk enjoyed by hedge funds. • Background: Many of these funds lend money like banks but, unlike traditional lenders, often don't pay taxes on the profits. • Consensus? While some tax lawyers say these transactions are proper, others argue that many variants are legally dubious. Hedge funds, which control liquid pools of capital with little regulatory oversight, are a growing presence in the lending business. They increasingly take part in lending syndicates with traditional banks, often indirectly, and also make direct loans, frequently to riskier or smaller companies that may have difficulty obtai

[UPDATE AT END] My Suspicious, eh? button was pressed when I heard such good corporate citizens as Dow, Bayer and Hexion Specialty Chemicals were fighting to suppress government regulations on one of their very profitable chemicals. They just might succeed, since their lobbyists are making sure the government (Health & Human Services) sees mostly industry-funded research. The stuff is BPA and is rife in plastic baby bottles, plastic-lined cans of food and lots of other plastic products like toys and sippy cups. In the studies not funded by the chemical companies, BPA is shown to have mucho bad impact on test animals; stuff like diabetes, ovarian cancer, prostate cancer, male reproductive problems, obesity, and behavioral changes stemming from imbalances in the endocrine systems. Its worst effects are on babies in the womb and those recently emerged therefrom. And - surprise! - " Other studies – mostly funded by the chemical industry – have claimed little or no effect of BPA

I notice there are only two arguments from opponents to universal health care in the U.S. 1. There are long waiting lines for medical service in countries that have it. 2. We can't afford it. Both are mostly wrong. "Long wait" is a relative thing. How long do all those people in the U.S. have to wait if they have no coverage? They might wait until they are deathly ill and have to go to the emergency room. Talk about expensive care, and we all have to pay for it. "Afford it?" We who spend more money on health care than any other people on earth? And what do we get for all that money? 37th rank in the world in public health, that's what. I firmly disagree with the well-worn politicians' statement: “There is no single prescription to solving our nation’s serious uninsured problem”. There is a prescription that’s working quite well in many first world countries, which I am sure all those Senators, Congressmen and Administration types know all about. Let me

Food and Fuel Should Not be in Competition OK, you know where I stand. Corn is not a very good feedstock for making ethanol. There is still a net negative energy exchange in manufacturing ethanol from Corn. Sugar cane and sugar beets are a lot better and they have a net positive energy balance. Look it up . And, weirdly, the whole grow-convert-use corn ethanol cycle is as bad for the environment as gasoline use. But the worst thing in the corn/ethanol equation is that corn is an important food . It's in hundreds of things we eat. Whole food chains are dependent on corn. The meat industry, including chickens, requires a lot of corn. Not only beef cattle, but dairy cows need corn. Corn being diverted to our new passion for ethanol (said passion involving a federal subsidy) is already raising food costs all over. Check out this rant . And it's worse than just higher prices in our supermarkets. It will likely mean starvation for those on the low end of the money pole. By our corn-c

An article in yesterday's (6.25.07) Wall Street Journal (my favorite newspaper) suddenly jelled with several other things I have read in the last few days. The Headline: French Firm Vaults Ahead In Civilian Rocket Market . There was a launch last month of Arianspace's Arian 5 from France's spaceport in French Guiana. The Administrator of NASA - our guy Michael Griffin - was there and is quoted as saying the huge (20 stories tall) Ariane 5 is "probably the best in the world, very smooth and very impressive." ArianeSpace has "powered past" Boeing and Lockheed Martin. Tellingly, our guys "scoffed" at some of ArianeSpace's technology until they saw it work. That's one. That clicked with another story out today (6.26.07) about China taking a big step toward finishing the "longest sea bridge in the world." It's over 22 miles long and also has " the longest cable-stayed structure of its kind" as the center piece. T

Here’s another of my fav issues, the stupidity of the ethanol craze. This from the Christian Science Monitor , one of my favorite newspapers. ATLANTA and BOSTON - A gallon of milk in Birmingham, Ala., is expected to cost $4.50 this summer, perhaps more. At Wetzel's Market in Glen Rock, Pa., the New York strip steaks that were on sale for $4.99 a pound last Fourth of July will be $6.99 this year. In Boston, some shoppers report checkout prices on certain items that are 30 percent higher now than last summer. "Prices are incredible," says Suzanna Wyman, shopping Monday at Shaw's Supermarket in Boston's Back Bay. "Milk, I heard, is going up even more.... I love fresh peppers and vegetables, but they're too much. Cereal is very expensive compared to what you used to be able to get it for." The reason people are smarting: Inflation in grocery aisles is up by more in the first six months of 2007 than in all of 2006. That means food co