The Economist opposes "Austerity" in Europe

Europe has been sliding down the tubes since Great Depression 2.0 hit them in 2007.  They are doing worse than we are, we have at least leveled out the downturn, Europe is still in a power dive toward the ground.  The Economist is all sorts of concerned, they run long articles about it, but they dance around the real issue[s].  This week they are blaming "austerity", but they never get around to defining the word.  "Austerity" hits bankrupt countries like Greece.   The Greek government is spending more money than it takes in. Nobody will lend money to Greece.  They cannot print their own money.  The Germans won't give them more bailout money.  So Greece has to raise taxes and kick people out of government jobs and off welfare.  No Greek likes any part of this. They are rioting in the streets.  It's all Angela Merkel's fault 'cause she won't give us more bailout money.
  In the old days, the Greek government could simply print more money to pay the bills.  When the extra Drachma's became cheaper, Greece merely devalued the currency.  But when Greece gave up it's own currency and joined the Euro, they gave up the right to print their own money.  Joining the Euro was a dumb move for the Greeks. 
   Staunch European Union supporters like the Economist simply cannot bring themselves to admit this in print.  So they ramble on, for several pages, talking about the evils of "austerity" without saying a single word about how to fix things.  No talk about placing new products into production, exploiting shale oil and gas, placing new land into agriculture, in short, expanding the pie.  Europeans don't think that way.  They just rail against "austerity".  

The Old Man of the Mountains fell 10 years ago today

My house is within walking distance of the Old Man.  Today we held an out of doors memorial service at the Profile Lake site.  Weather was perfect, clear blue sky, warm, no precip, gentle breeze.  We attracted a crowd of several hundred.  John DeVivio, the Cannon Mt. manager spoke.  Dick Hamilton who runs the Old Man memorial committee spoke.  All our congressmen sent representatives to say a few appropriate words.  The only person missing was Ray Burton which was something of a surprise to old timers.  Ray is recovering from chemo therapy and I hope he is OK.  Ray usually makes everything.  They say that if three people get together in Grafton county one of 'em will be Ray Burton. 
   We didn't solve any of the problems of the universe, but we all felt better about the loss of everyone's favorite bit of geology.  I think we done more good than those idiots in Concord who declared the potato to be the official New Hampshire vegetable yesterday.

Words of the Weasel, Part 34

"What did they know and when did they know it"?   famous newsie question going back to Watergate.  Knowing ain't a crime.
More to the point, "What did you DO, and when did you DO it?"   DOing  can be a real crime.  Just knowing is a thought crime.  I don't believe in thought crimes. 

Do I believe in "self radicalization"?

On TV, Obama described the Boston bombers as "self radicalized".  I suppose Obama means that the Tsarnaev brothers converted from reasonable people into terrorists merely by visiting websites.  Somehow I don't believe that.  I think some person established a relationship with the brothers and sold them the Islamist terrorist ideology.  We ought to be looking for that person. 
  If there are Islamist web sites so compelling as to "self radicalize" individuals we need to study their technique.  It could be dynamite for selling cars, or nearly anything else.

$2,788,578 to fix each and every 787

Ouch.  The whole airplane only costs $200 million.  The retrofit kit takes 5 days to install.  This includes two 1/8th inch thick stainless steel fireproof battery boxes, two brand new batteries, two jazzier microprocessor controlled battery chargers that monitor the batteries while charging and light up warning lights in the cockpit when they detect a problem. 
   The new batteries have more insulation between cells to prevent/retard one runaway cell from setting off the other 7 cells in the battery.  These are 32 volt batteries made up from eight 4 volt lithium cells all packed into a single battery enclosure.  They believe (they don't know for sure) that something goes wrong in a single cell, shorting it out.  They don't know what "something" is.  All the stored chemical energy of the shorted cell runs thru the short and heats the cell up. The heat warms up the other cells and they fail too.  The new batteries have a little more airspace inside them and more insulation around each cell.  The idea is to prevent the chain reaction where all the cells melt down, and if it does, the stainless steel battery box will contain the fire and prevent it from setting the entire aircraft ablaze. 
  Let's hope it works. 

Senator Kelly Ayotte gives a Town Meeting

This meeting was at Tilton, NH, a little bit north on Concord on I93.  Word had been circulated by email that Moveon.org was sending demonstrators to protest Senator Ayotte's vote against Obama's gun control bill in the Senate.  In fact, I spread some emails urging people to come to express support for Kelly.  I  arrived an hour early, and we all ready had people gathering with signs.  The Kelly Ayotte supporters stood on one side of the driveway, the Moveon.org    people on the other.  I counted about 12 on each side.
    Once the meeting got started inside it was fairly clear that the ordinary Republicans vastly out numbered the moveon people.  The place had some 300 seats and every one was full.  They had a bullpen for the video cameras.  There was an NBC TV satellite truck parked out side. 
   Kelly drew repeated rounds of applause from the floor.  Tax reform, and spending reduction got big hands.  Someone asked about "Common Core" (curriculum) and Kelly drew more applause when she came out in favor of local control of education.  A few of the moveon people tried to get the floor by shouting from the audience but it didn't work for them.  It was a good event for Kelly, and I don't think she is going to have much trouble getting re elected four years from now.  The crowd was clearly on her side.
  I was gonna post a few pic, but the picture uploader in blogspot is broken, again. 

Time Warner Cable going west

Something has gone wrong with the cable up north of the Notch.  First the TV just went black.  After it came back it was all fuzzy,  sound was OK but the picture is nearly unwatchable.
Cable modem internet service died too.  It took longer to come back.  I think it's working now, but it's SLOW.  TV was blacked out for 15 minutes, Internet for a couple of hours. 
Let's see if this posts.