Sunday, August 28, 2011

More Weather signs

As I write this, the eye of hurricane Irene is inside the city limits of New York, some 300 miles away. Up here we have steady heavy rain which started around midnight. No wind. Barometer dropped from 29.2 inches of mercury to 28.5 over the last 12 hours. Rainwater is pouring off the roof and down the driveway gutter. The Cannon Cloud is down to the top of Gremlin.

Saturday, August 27, 2011

So much for weather signs

All day yesterday, a perfectly clear blue sky, gentle breezes, just the right amount of warm. Really nice day. Except for the TV you would never know a hurricane is coming. The TV has the projected storm track coming right up the Connecticut River valley and going over our heads on Sunday. This mornings Wall St Journal has about the same track, maybe a few miles to the west, and maybe not til Sunday night.

Friday, August 26, 2011

Your Tax Dollars at work.

Federal agents raided Gibson Guitar in Memphis and Nashville. They claimed that some rare wood purchased by Gibson to make guitars didn't have enough paperwork. Gibson did have paperwork but the Feds claimed it wasn't good enough. The Feds seized pallets of wood, electronic files, and guitars.
I'm sure that helped Gibson maintain their production schedules, what with raw materials, and finished goods swiped. This is part of Obama's plan to get the economy moving again.
Plus, musicians now worry that taking a wood instrument to a concert will get it seized. The Feds will seize an antique instrument made with protected species of wood unless the owner has paperwork proving that the instrument was made before the wood became protected.
Your tax dollars at work.

Thursday, August 25, 2011

Tending to your knitting, Bankers version

American Home Mortgage files suit against Lender Processing Services, a paper pusher for hire. AHM charges that Lender Processing improperly signed mortgage documents in its behalf and triggered millions of dollars of lawsuits as a result. AHM said that it incorrectly processed 30,000 mortgages in all 50 states, causing a failure in the foreclosure[s].
Wow. Talk about farming out the core of your business to the lowest bidder. Mortgage is their middle name. Mortgaging means paying out large amounts of cash in return for the legal right to seize the property if the borrower doesn't pay up. Legal right is slippery and the paper work must be done just so or it doesn't work when you need it.
The suits at AHM were dumb enough to farm out this crucial part of the business to a third party, giving up control of the process to a hired gun. Dumb and Dumber. The key parts of your business ought to be done in house so you can make sure it is done right.
The suits probably laid off a few AHM back office workers and thought they were saving money. But it cost them foreclosure on 30,000 houses, worth $30 billion at a guess. I'm sure AHM is so glad they hired some MBA's to foul things up. Laying off those few back office workers didn't save them $30 billion.

Is it coming? Hurricane signs

Sky in Franconia Notch was crystal clear and blue yesterday morning. By evening a high thin cloud layer, and some cirrus clouds had moved in. Wind picked up so much I had to furl the sun umbrella on the deck lest it be blown away, and take in the flag. Today we have a solid overcast (the good old Cannon Cloud is back) and it's getting warmer and moister.
So much for junior Maine Guide weather signs. The TV shows a blizzard of computer predicted tracks making landfall any where from the Carolinas to Cape Cod. We are 150 miles inland from Long Island Sound, the most likely hurricane track to hit up here. After that much overland travel, it ought to be nothing more than a lot of rain.
So I took stock and went to the store. Hit the State Liquor Store and then Mac's Market, got enough to go til Sunday in case the weather gets really ugly. It's nice to sit back and watch the rain fall knowing you don't have to go out food shopping in it.

Wednesday, August 24, 2011

Taxes and Spending

The US of A is spending 40% more than it takes in by taxes. This cannot go on forever. Something has to be done. The Republicans want to cut spending, the Democrats want to raise taxes. The Republicans know that any tax hike will be used to postpone the day that spending gets cut. All of those on the public dole will rise in wrath to defend their share of the taxpayer spending. It takes the threat of bankruptcy to force recipients out of the public trough. Any tax hike will postpone bankruptcy and thus make spending cuts impossible. The Republicans are (finally) wise enough to refuse any kind of tax hike until we get some real spending reductions.

Tuesday, August 23, 2011

How to make 54 mpg Corp. Avg Fuel Economy?`

Simple. Build hybrid pickup trucks. Uncle Sam will give you a 20 mpg credit for each hybrid pickup truck you sell. So you build a hybrid pickup that gets 35 mpg. Add the 20 mpg credit and you have 55 mpg pickup trucks. Wow.

Uncle wants us driving hybrids rather than diesel.

Anyone know how long the batteries in Prius's last? And how much a new one costs?