Category Archives: Media
Bipartisan Farm Bill
Congress got something done last week. It passed a bipartisan, 10 year, trillion dollar farm bill.
The farm bill includes insurance against “adverse price movements”. Isn’t that what the credit default swaps were supposed to do for subprime loans before the great recession?
Bipartisanship on Farm Bill
It’s all too much for the editors of National Review who note that:
Many crop prices are near all-time highs, and if they drop as expected, new loss-protection programs could — likely will — cost billions more than the CBO calculates.
In an even rarer case of bipartisanship the Washington Post editorial board agrees:
Supposedly necessary to secure the nation’s food supply at a time of record farm income and epidemic obesity, this federal largess flows almost regardless of how much money its recipients already have.
The Post then calls on President Obama to use his pen to veto the bill.
More Bipartisan Farm Bill Update:
Bloomberg reports the Senate threw out a requirement that members of Congress would have to publicly report if they receive federally subsidized crop insurance.
NSA Radio Waves
Feeling safe by going offline? NYT says NSA can now access your computer through radio waves – even when it’s not connected to the internet.
Health Care from Hell
Insurance companies thought they had a deal made in ..well I’m not sure. They were promised millions of new customers by the Affordable Care Act. But then the website went bad, policy holders lost their policies, and patients lost their doctors. President Obama began a divine re-write of the health care from hell law in ways that imposed unexpected costs on insurers. Now it looks like taxpayers will be condemned to a bailout.
Benghazi: Bad Movie Review or Act of Terror?
David Kirkpatrick wrote a long piece in the NYT December 28 that said the attack on Benghazi was the act of a bunch of locals very pissed off about a movie. The Washington Post later reported that a former GITMO detainee who had trained under Osama bin Laden and fought with the Taliban played a role in the attack.
As they say, “what difference does it make?” Well, President Obama did say that al Qaeda was on the run and headed for defeat. After the attack Susan Rice went on five Sunday news shows to say it was caused by the internet video. And Hillary promised the father of murdered Navy Seal, Tyrone Woods, that they would prosecute the movie maker.
Was Benghazi a Bad Movie Review or Act of Terror?
The fact is the mystery of Benghazi can easily be solved by the man himself. In the second 2012 presidential debate Obama insisted that it is was an act of terror.
Here’s Andrew Wilson’s review in The American Spectator.
Polar Vortex
Until it got really cold this week I had never heard of a polar vortex. Thanks to The Weather Channel I’ve learned it means we swapped weather with Fairbanks.
Same goes for a Derecho, which I learned last summer means rain storm.
I’ve also learned The Weather Channel has acquired naming rights to the weather. This week’s polar vortex is named Ion.
