TV news has been solid with Boston Marathon bombers. Something broke loose last night, Suspects #1 and # 2 decided to knock over a Cambridge 7-11. This put the cops onto them. A car chase ended in Watertown and a shootout with police. The older brother, Tamerlan Tsarnaev, died of gunshot wounds and/or bomb explosions. The younger brother, Johar Tsarnaev, escaped somehow and is still at large. The cops are turning Boston upside down looking for him. They have turned off the MBTA, Amtrak, and put roadblocks up everywhere. Everything is closed. Nobody is going to work.
The TV has been interviewing neighbors and classmates. The younger brother graduated from Cambridge Rindge and Latin school (top ranked Cambridge public high school) Classmates have expressed shock and surprise to learn of his involvement. They all recall Johar Tsarnaev as well liked, lot of friends, honor student, athlete of the year, in short, a successful high school career.
Neighbors describe the Tsarnaev family as Muslim, from Chechnya in Russia, but they have been living in the US for 6, maybe 10 years, a long time to carry an old world grudge against anyone or anything.
I lived in Cambridge for a long time, and I know most of the places making it into this story. WMUR Channel 9's TV crew is set up in front of Webster Auto Body on Webster Ave Cambridge. I bought a used car radio from them many years ago. They dropped a hostage off at a gas station on Memorial drive. I commuted on Mem Drive for years, there are two gas stations, a Shell by the BU bridge and another one under a new high rise down close to Western Ave. I have bought gas at both of them over the years. Wounded were taken to Mt Auburn hospital which I know fairly well. Strange to hear these familiar places coming out in the dramatic news coverage.
Friday, April 19, 2013
New Immigration Bill 844 pages long
And that's one VERY good reason not to pass it. 844 pages of obfustication means the law will allow just about anything. If I have 844 pages to look in, I can find words to cover anything I want to do. Long and wordy laws grant bureaucrats freedom to do as they please.
The "gang of eight" should be told to boil it down to no more than ten pages, single spaced. Then at least we would know what we are getting into.
The "gang of eight" should be told to boil it down to no more than ten pages, single spaced. Then at least we would know what we are getting into.
Thursday, April 18, 2013
Anger Management
We had a Fox News anchor interviewing a shrink about the Boston Marathon bombing. The shrink and the anchor agreed that there is a good deal of anger in Boston, and presumably in the rest of the country. Yeah, they got that right. Then the anchor seemed to draw back and worried that such anger might get out of hand and lead to something bad.
I don't worry about that. A good old fashioned lynching might be just the right thing for that scum. We could do it right in front of Fanuel Hall. On live TV.
I don't worry about that. A good old fashioned lynching might be just the right thing for that scum. We could do it right in front of Fanuel Hall. On live TV.
Would you buy a used airliner from this man?
A series of articles in Aviation Week about end of life for airliners. The airlines now retire an airliner after 20 years of service, which sounds kinda young for something that lasts forever. I mean the B-52s have been flying for 50 years and will fly for a lot more. Speaking as a passenger, the new airliners are no faster and no comfier than the old ones.
The brand new airliners have somewhat better fuel economy which the airlines figure will pay off eventually Boeing and Airbus are claiming their next year's models will have 10 even 15 percent better fuel burn than current models. I haven't worked the numbers, but it seems like it will take a long time to pay off a $100 million new airliner on 10% better fuel burn.
When parted out, the engines and avionics can be resold for big money. It's possible to realize $15 million in parts sales from a tired airliner you can buy for $5 million. Doing so requires good timing, the parts are only worth money as long as airliners of that model are still flying.
Boeing and Airbus have backlogs of a couple of thousand new airliners. Due to the continuing Great Depression 2.0 air traffic isn't growing much. Does this mean a couple of thousand new airliners causes a couple of thousand old ones scrapped?
The brand new airliners have somewhat better fuel economy which the airlines figure will pay off eventually Boeing and Airbus are claiming their next year's models will have 10 even 15 percent better fuel burn than current models. I haven't worked the numbers, but it seems like it will take a long time to pay off a $100 million new airliner on 10% better fuel burn.
When parted out, the engines and avionics can be resold for big money. It's possible to realize $15 million in parts sales from a tired airliner you can buy for $5 million. Doing so requires good timing, the parts are only worth money as long as airliners of that model are still flying.
Boeing and Airbus have backlogs of a couple of thousand new airliners. Due to the continuing Great Depression 2.0 air traffic isn't growing much. Does this mean a couple of thousand new airliners causes a couple of thousand old ones scrapped?
Wednesday, April 17, 2013
The Atlantic gets profound about North Korea
Joel Wit and Jenny Tower conclude their piece on the Atlantic magazine website thusly:
"The bottom line is that, even if this current crisis recedes, North Korea's WMD programs pose serious security risks in the region and to the U.S. that will continue to grow if not addressed in a direct and compelling way. .... It may be distasteful given the nature of the North Korean regime, but there is no substitute for diplomacy and direct contact with Pyongyang."
Great. "addressed and a direct and compelling way." So what does that mean? Talk at 'em, nuke 'em, blockade 'em, invade 'em, bury our heads in the sand, or what? Just saying we ought to do something doesn't help. You gotta say what you wanna do. Especially if "something" involves a lot of pain, which doing a second Korean War would involve.
Ah, here we get to it. "there is no substitute for diplomacy and direct contact with Pyongyang". Been there, done that. Both Clinton and Bush tried to cut a "economic assistance in return for stopping weapons development" deal. The North Koreans signed two such deals and reneged on both of them. In actual fact, the North Koreans see nuclear weapons as the only thing that will keep the North Korean regime alive in the face of South Korean and American economic, political, and military pressure. The Kim regime knows that all their citizens would join South Korea in a flash. As soon as the North Korean secret police and army loose their grip, even for a day or two, the regime is gone, the Kim's are dead, and Korea is re unified under Seoul. At least with nukes they don't have to worry about ground invasion or air strikes from the South. No way are the North Koreans going to give up their nukes no matter what we promise 'em.
"The bottom line is that, even if this current crisis recedes, North Korea's WMD programs pose serious security risks in the region and to the U.S. that will continue to grow if not addressed in a direct and compelling way. .... It may be distasteful given the nature of the North Korean regime, but there is no substitute for diplomacy and direct contact with Pyongyang."
Great. "addressed and a direct and compelling way." So what does that mean? Talk at 'em, nuke 'em, blockade 'em, invade 'em, bury our heads in the sand, or what? Just saying we ought to do something doesn't help. You gotta say what you wanna do. Especially if "something" involves a lot of pain, which doing a second Korean War would involve.
Ah, here we get to it. "there is no substitute for diplomacy and direct contact with Pyongyang". Been there, done that. Both Clinton and Bush tried to cut a "economic assistance in return for stopping weapons development" deal. The North Koreans signed two such deals and reneged on both of them. In actual fact, the North Koreans see nuclear weapons as the only thing that will keep the North Korean regime alive in the face of South Korean and American economic, political, and military pressure. The Kim regime knows that all their citizens would join South Korea in a flash. As soon as the North Korean secret police and army loose their grip, even for a day or two, the regime is gone, the Kim's are dead, and Korea is re unified under Seoul. At least with nukes they don't have to worry about ground invasion or air strikes from the South. No way are the North Koreans going to give up their nukes no matter what we promise 'em.
Tuesday, April 16, 2013
Another Retailer dies the death
Just got a "Going out of Business" sale post card from Pilgrim Furniture. An ordinary furniture store in Littleton, it's been in business there for ever, 30-40 years. A landmark. My wall-to-wall carpet came from them and it's been down for 30 years. Any how, they are doing the going out of business sale, and they probably mean it.
Either the owners are getting old and want to retire, or business is really bad, or both. We will miss them.
Either the owners are getting old and want to retire, or business is really bad, or both. We will miss them.
I still hate doing Federal Income Tax
A complete pain in the tail. I spend all day rummaging thru my files looking for dividend payment slips and deductible stuff. More time trying to read gobble-te-gook instruction sheets cluttered with useless information. I mean like who needs to know who has to file. We all have to file, and we all know it. The lack of any sort of general rules. Like is Social Security taxable, yes or no? They don't state any rule, they give you a 17 step work sheet, take this line, add that line, take a percent, and half an hour later you find out Social Security is a little bit taxable. They pull the same worksheet dodge for capital gains and qualified dividends.
Then there are a myriad of deductions, exemptions, tax credits, and malarkey. None of which help me or any one else, but you gotta read up on them just in case they might apply to you. You feel really bad if you miss a tax loophole in your favor, so you waste more time checking them all out.
We ought to scrap the current personal income tax law[s] completely. Start over with something like this.
New 21st Century Personal Income Tax Law.
All income is taxable at the same rate. Nothing is deductible. No credits, no exemptions. Capital gains is taxed the same as salary. No loss carryover. No income averaging. Married or single, with or with out children everyone pays the same. No special deals for anyone. Everyone pays something, no free riders.
Tax Table
Yearly Income Tax Rate
<$10000 1%
$10000-$30000 5%
$30000-$125000 15%
>$125000 25%
The End
Then there are a myriad of deductions, exemptions, tax credits, and malarkey. None of which help me or any one else, but you gotta read up on them just in case they might apply to you. You feel really bad if you miss a tax loophole in your favor, so you waste more time checking them all out.
We ought to scrap the current personal income tax law[s] completely. Start over with something like this.
New 21st Century Personal Income Tax Law.
All income is taxable at the same rate. Nothing is deductible. No credits, no exemptions. Capital gains is taxed the same as salary. No loss carryover. No income averaging. Married or single, with or with out children everyone pays the same. No special deals for anyone. Everyone pays something, no free riders.
Tax Table
Yearly Income Tax Rate
<$10000 1%
$10000-$30000 5%
$30000-$125000 15%
>$125000 25%
The End
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