Monday, January 25, 2016

The Economist thinks low oil prices are bad

It's the cover story.  Cute cover cartoon showing a pumpjack with a demon's head, all in black.  They do admit that low oil prices are good for consumers, but then they go on and on about the hardships visited upon oil producers, and banks who financed oil production.  Woe to banks, woe to producers.
Well, sorry about that banks and producers, there are a whole lot more people benefiting from low fuel prices than there are producers.  As to banks who may not get their loans paid back, time to wise up.  Don't loan money unless you (and your own figures) can show that the borrower will make enough to pay you back.  And don't expect any more government bailouts. 

Saturday, January 23, 2016

Faster than light

I think I heard this story before.  Like last year.  If memory serves, the faster-than-light results went away after some cables on the apparatus were reseated. 

Friday, January 22, 2016

So how much snow is everyone getting really?

TV newsies have been ranting about snow all day.  How bad is it where you are?  Up here we don't have a flake and the forecasts are for no snow on Cannon. 

Thursday, January 21, 2016

US classification system is changing

Back when I was in the service, there were just three levels of classification, confidential, secret, and top secret.  The story I was told, goes like this. Congress passed this into law with the intent of preventing bureaucrats from refusing to show classified to Congressmen on the excuse that the stuff was classified too high for Congressmen to see.  Congressmen don't like being told they cannot see stuff and took steps to insure that they would not be locked out of juicy stuff. 
    Well, even way back then, three levels of classification wasn't enough.  We had all sorts of top-secret nimbus, and top secret nuclear, and so on.  This was done to implement need-to-know.  Set up a classification with a weird name, and then restrict access to those holding a weird name clearance.  This worked, and everyone understood that you didn't want to ruffle any Congressional feathers by being stuffy about their clearances. 
   Fast forward to now.  They are raking Hillary over the coals for possessing "Top Secret SAP" classified on her server.  And the TV newsies are claiming that Top Secret SAP is so secret that Congressmen are not allowed to see it.  Ohh.  We never would have said that back in the day.  USAF policy used to be, treat Congressmen right, and that includes showing them anything they want to see.  Most we would do is try to impress them with the need for keeping their lips buttoned.

Low oil prices are good

Most of us consume oil and the lower the price the better for us.  I'll grant that people in the oil business, and who have loaned money to oil companies are hurting.  But there are a lot more oil consumers than oil producers.  And low prices are good for consumers.  Greatest good for the greatest number. 

Wednesday, January 20, 2016

Sarah Palin endorses The Donald

This is going to help The Donald.  Sarah has nearly universal name recognition, everybody knows who she is.  She is controversial and polarizing.   Lotta women detest her.  But a lotta plain ordinary people like her and find her progress from soccer mom to state governor to vice presidential candidate inspiring.  If she can do it, I can do it.   Anyhow, Sarah's endorsement counts for a lot, in fact it's hard to think of anyone except perhaps the Pope whose endorsement carries as much weight as Sarah's.
   I wish Sarah had endorsed Ted Cruz, but she didn't. 

99 Restaurant decorates with local photos

The good old 99 restaurant in Littleton went to the trouble of taking and framing and hanging in the dining room, a bunch of good local photographs, things like Littleton Main St, the Opera House, the Pollyanna stature at the library. 
   Nice touch for a chain restaurant.