Sunday, December 4, 2016

Is the "Alt Right" just 50 internet trolls?

Been hearing a lotta talk about the evils of the "Alt Right".  I never heard of 'em before the last election when all of a sudden they were evil incarnate, snatching victory from the lips of Hillary Clinton.  I don't know the names of any alt-rightists, I don't know of any books they have published, any blogs, any websites, any magazine articles.  For a group that is credited with so much, they are pretty near invisible. 

Is the USA really divided??

Watched the Sunday pundits this morning.  One of 'em, Meet the Press, showed a post election Donald Trump speech.  Over laid upon The Donald's blonde hairdo were three lines, red for Republicans, yellow for independents, and blue for Democrats.  For most of the speech, the Republican line was at, or over, the top of the chart.  The independents weren't quite so enthusiastic but still a solid 80-90 percent.  The democrats stayed down at 20 percent. 
   I call that a serious split.  Let's call the two groups Republicans or Democrats.  There are other names we could use (conservative or liberal, progressive or stick-in-the-mud, etc) but  Republican and Democrat are the names we use in politics and elections. 
   So what is the difference between these two groups?  Some of it is just partisan ship, the same kind of thing that motivates fans of the Yankees and the Red Sox.  Some of it is distaste for this year's candidates.   But let's focus on things that  the incoming Trump administration could do something about.  That's issues.  Like the economy, tariffs, immigration, taxes, "the social issues", and other stuff that can be expressed in concrete terms, rather than the feelgood means nothing talk so beloved of politicians, especially when they are on TV.  The media didn't talk issues, probably because they are too ignorant to recognize an issue if they should trip over one.   It's so much easier to just read the polls over the air.
   Going from stuff I read in the Economist, the Wall St Journal, and the TV I see things this way.
   Republicans like tax cuts,  keeping immigrants out,  keeping foreign made goods from competing with American goods (tariffs),  repealing Obamacare.  Republicans see American corporations as job providers and want to encourage them. 
   Democrats want tax hikes.  They say they are OK with immigration, although I wonder if the rank and file Democrats agree with the leadership on this. They seem to  be OK on tariffs, they want to keep Obamacare.  Democrats see American corporations as robber barons in need of more good harsh regulation.

I93 widening finish in 2020???

I93, the stretch from Manchester down to the MA line, was built, back in the 70s as a four lane divided highway.  Over the years it has become the Number 1 commuter road to Boston.  With horrible traffic from Manchester to the MA line.  MA built their section of I93 six lanes and eight lanes.   Everyone noticed that the traffic jam broke up after crossing the MA border.  
   Better than five years ago NH started to widen I93 out to six lanes.  They still haven't finished it.  Channel 9 (WMUR) had the NH commissioner of transportation, Victoria Sheehan on TV this morning.  She opined that I93 might be finished by 2020.  FOUR YEARS from NOW.  Arghhh!

Saturday, December 3, 2016

Tucker Carlson's 7PM news show

It's Fox, natch.  Tucker now has the hour after Brett Bair's news hour.  Tucker is pretty good.  First week or so he had a number of liberal guests on, who he proceeded to disembowel right in front of the cameras.  Fun to watch.  But the amount of blood spilled has scared off the game.  At this point, nobody who is even a little bit left of center, and has two brain cells still functioning, is going to be on Tucker's show.  Nobody wants to be red meat, eaten raw, on national TV. 

Friday, December 2, 2016

Risk vs Regulation

The objective is (or ought to be) preventing banks (and their ilk like brokerage houses) from losing wads of money and kicking off Great Depression 3.0.  The way a bank looses money is to make bad loans that default and don't pay off. 
    Democrats think you prevent this by setting up federal bureaucrats to watch the banks, check their books, and meddle in their deal making.  Hence the Sarbanes Oxley law and the Dodd Frank law.   Many think the terrible economy during the Obama adminstration was caused by these two laws. 
   I think you prevent undue risk taking by banks by insuring that the bankers who lead their banks into disaster should be made to smart for it.  First we make very very clear that Uncle Sam will never ever bailout any failing bank.  If we have any bank "too big to fail"  it's time for anti trust action to break that bank up into smaller parts.   Bankers need to know that if they screw up, they are out of business, right then and there.  Bank officers loose their pensions, and deferred compensation, and their company health insurance. FDIC can pay off the depositors, but bank investors, officers, employees, and stock holders loose everything.  Which ought to produce some pressure on the suits to avoid stupid plays, like Greek loans.  Or mortgage backed securities, or credit default swaps.  And we encourage every blood sucking lawyer in the land to sue the management of failed banks for gross negligence.  

Vintage Cary Grant and Sophia Loren Romantic Comedies

Just finished watching two of them.  Houseboat, where Washington lawyer and widower, with three small cute children, meets up with Sophia Loren, who first charms the children, and then wins Cary Grant's heart.  With a few amusing mishaps, like when moving a house, they get it stuck in a grade crossing, and then a diesel powered express train roars thru, blowing the house to splinters.  Which results in the family moving into a beat up house boat on the Potomac. 
   Then there is The Pride and the Passion, a movie set in Napoleonic war Spain.  Spanish guerrillas come into possession of an absolutely humongous cannon.  They set about dragging the mountain of metal clear across Spain to the siege of some-where-or-other.  Sophia Loren is the BFF of the guerrilla leader  (Frank Sinatra).  Cary Grant is the English naval officer who is the only man with the guerrilla army who actually knows how to work the gun. 
   Heartwarming movies the likes of which they don't make anymore.  Houseboat is the better of the two, Sophia Loren gets a better role.

Thursday, December 1, 2016

New Buzzword, WWC

Stands for "White Working Class"  They started using it late in this election.  Prior to this election I had not heard it anywhere.  Strange.  Back when I was growing up, every kid's father  worked, at the Dennison plant, at the GM assembly plant, at the Roxbury carpet company, at truck farming, at auto repair.  None of them had a college degree.   No blacks lived in  Framingham MA in those days.  I went to public school and I don't remember a single black kid in any of my classes. I didn't meet any blacks until I joined the Air Force.   So,  back then, everyone in town was white, and worked and so the white working class was everybody. 
   The other thing I don't like about the buzzword is the "working class" part of it.  Has an unpleasant Marxist sound to it.  Or is it an attempt to revive the idea of Communist class war?